Market Research Logo

World Silicones


Attention: There is an updated edition available for this report.

World demand to rise 6.2% annually through 2015
World demand for silicones will rise 6.2 percent per year to $16.7 billion in 2015. Advances will represent a notable acceleration from the 2005-2010 period, in which most developed world markets in North America and Western Europe experienced sluggish increases -- or even declines -- in silicone demand. Going forward, gains will be driven by an improved economic outlook as these regions recover from the recent economic recession. Advances will also be fueled by the increased penetration of highvalue silicone materials into emerging applications, particularly in the newly industrialized nations of the world where the use of silicones is not yet mature.

Asia/Pacific region to remain largest market
The Asia/Pacific region will remain the largest and fastest-growing outlet for silicones through 2015. Gains will continue to be driven by the large silicone market in China; although slowing from the nearly 20 percent growth seen during the 2000-2010 period, the country will post strong double-digit gains going forward. Silicone demand in the region will also benefit from healthy gains in countries such as South Korea, Taiwan and India, although subpar increases in the Japanese market will temper this to some extent. Above-average growth is also forecast for Central and South America, Eastern Europe and the Africa/ Mideast region, areas in which silicone demand per capita is currently among the lowest in the world.

North America and Western Europe, the historical centers of the world silicone industry, saw demand severely hampered by the recent economic recession. Through 2015, however, silicone demand is expected to make a solid recovery, fueled in large part by a strong rebound in construction spending and motor vehicle production. As silicones become increasingly mature in these regions, technological advancements and product innovation will become essential to grow the application base for long-term market growth.

Electrical/electronic products to remain key use
Electrical and electronic products will continue to be the leading outlet for silicones, advancing at an above-average pace through 2015. Silicone gains will be bolstered by demand in high-growth new applications such as components for LEDs and solar energy products. The most rapid increases, however, will be in the construction market, driven in large part by a recovery in the siliconeintensive construction sectors of the US and Western Europe. Similar factors will also fuel healthy growth in transportation markets, as motor vehicle production in the developed world rebounds from recent declines. More moderate gains are expected for outlets such as paper production, textiles and plastic additives, restrained by slow-growing markets and limited new applications for silicones.

Elastomers, gels among fastest growing types
Elastomers and fluids were the two leading silicone product types in 2010, accounting for over 80 percent of total demand. Of the two, stronger growth is expected for elastomers, which will benefit from the rebounding construction and transportation markets. The fastest increases, however, will be for silicone gels and other smaller-volume products, fueled by emerging opportunities in electronic components and motor vehicles.

Please Note: Freedonia requires that, for PDF orders, clients sign a confidentiality agreement prior to fulfillment of PDF email delivery.


PRESS RELEASE

World Demand for Silicones to Reach $16.7 Billion in 2015

World demand for silicones will rise 6.2 percent per year to $16.7 billion in 2015. Advances will represent a notable acceleration from the pace of the 2005-2010 period, in which most developed world markets in North America and Western Europe experienced sluggish increases -- or even declines -- in silicone demand. Going forward, gains will be driven by an improved economic outlook as these regions recover from the global economic recession of 2009. Advances will also be fueled by the increased penetration of high-value silicone materials into emerging applications, particularly in the newly industrialized nations of the world where the use of silicones is not yet mature. Electrical and electronic products will continue to be the leading outlet for silicones, advancing at an above-average pace through 2015. These and other trends are presented in World Silicones, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.

The Asia/Pacific region will remain the largest and fastest-growing outlet for silicones through 2015. Gains will continue to be driven by the large silicone market in China; although slowing from the nearly 20 percent annual growth seen during the 2005-2010 period, the country will post strong double-digit annual gains going forward. Silicone demand in the region will also benefit from healthy gains in countries such as South Korea, Taiwan and India, although subpar increases in the Japanese market will temper this to some extent. Above-average growth is also forecast for Central and South America, Eastern Europe and the Africa/Mideast region, areas in which silicone demand per capita is currently among the lowest in the world.

North America and Western Europe, the historical centers of the world silicone industry, saw demand severely hampered by the recent economic recession. Through 2015, however, silicone demand is expected to make a solid recovery, fueled in large part by a strong rebound in construction spending and motor vehicle production. As silicones become increasingly mature in these regions, technological advancements and product innovation will become essential to expand the application base for longterm market growth.

INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
Global Economic Overview
Recent Historical Trends
World Economic Outlook
World Demographic Outlook
World Construction Outlook
World Manufacturing Overview
World Chemicals Outlook
World Motor Vehicle Production Outlook
World Electronics Overview
World Health Care Overview
Technology
Basic Silicone Synthesis
Siloxane
Silicone Products
Environmental & Regulatory Trends
III. OVERVIEW
General
Demand by Region
Demand by Market
Electrical & Electronic
Construction
Transportation
Health Care
Chemical
Other Markets
Demand by Product
Elastomers
Fluids
Resins
Gels & Other
Production & Trade
IV. NORTH AMERICA
Economic Overview
Silicone Demand
United States
Canada
Mexico
V. WESTERN EUROPE
Economic Overview
Silicone Demand
Germany
France
Italy
United Kingdom
Spain
Other Western Europe
VI. ASIA/PACIFIC
Economic Overview
Silicone Demand
China
Japan
South Korea
Taiwan
India
Other Asia/Pacific
VII. OTHER REGIONS
Central & South America
Brazil
Other Central & South America
Eastern Europe
Russia
Other Eastern Europe
Africa/Mideast
VIII. INDUSTRY STRUCTURE
General
Market Share
Dow Corning
Momentive Performance Materials
Wacker Chemie
Shin-Etsu
Bluestar Silicones
Evonik
Mergers & Acquisitions
Marketing Strategies
Channels of Distribution
Technology & Manufacturing
Research & Development
Cooperative Agreements
Company Profiles
ACC Silicones, see Caledonia Investments
Allergan Incorporated
Amber Chemical, see Caledonia Investments
Arlon Silicone Technologies, see Handy & Harman
Ashland Incorporated
Basildon Chemical, see KCC
Bluestar Silicones International, see China National Bluestar Group
Bostik, see Total
Caledonia Investments plc
China National Bluestar Group Company Limited
Clariant International Limited
CRI-SIL Silicone Technologies LLC
CSL Silicones Incorporated
Dongyue Group Limited
Dow Corning Corporation
Emerald Performance Materials LLC
Evonik Industries AG
GB Silicone Technology Limited
Gelest Incorporated
Handy & Harman Limited
Henkel AG & Company KGaA
Hutchinson, see Total
Jiangsu Hongda New Material Company Limited
Johnson & Johnson
Kaneka Corporation
KCC Corporation
Kemira Oyj
Lubrizol Corporation
Mentor Worldwide, see Johnson & Johnson
Momentive Performance Materials Holdings LLC
NuSil Technology LLC
Provista SA de CV
Quantum Silicones, see Caledonia Investments
Rhodia SA
Rogers Corporation
Saint-Gobain
Sartomer USA, see Total
Shin-Etsu Chemical Company Limited
Silchem Silicone Chemicals Incorporated
SILMIX, see Wacker Chemie
Siovation, see Caledonia Investments
SiVance LLC
Specialty Silicone Products Incorporated
Total SA
Wacker Chemie AG
WHX, see Handy & Harman
Zhejiang Wynca Chemical Industry Group Company Limited
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region
2 World Population
3 World Construction Expenditures
4 World Manufacturing Value Added
5 World Chemical Manufacturing Value Added
6 World Motor Vehicle Production
7 World Electronic Product Shipments
8 World Health Care Expenditures
SECTION III -- OVERVIEW
1 World Silicone Demand by Region
2 World Silicone Demand by Market
3 World Electrical & Electronic Markets for Silicones
4 World Construction Markets for Silicones
5 World Transportation Markets for Silicones
6 World Health Care Markets for Silicones
7 World Chemical Markets for Silicones
8 Other World Markets for Silicones
9 World Silicone Demand by Product
10 World Silicone Elastomer Demand by Market
11 World Silicone Fluid Demand by Market
12 World Silicone Resin Demand by Market
13 World Gels & Other Silicone Demand by Market
SECTION IV -- NORTH AMERICA
1 North America -- Key Indicators for Silicone Demand
2 North America -- Silicone Demand by Market & Product
3 United States -- Key Indicators for Silicone Demand
4 United States -- Silicone Demand by Market & Product
5 Canada -- Key Indicators for Silicone Demand
6 Canada -- Silicone Demand by Market & Product
7 Mexico -- Key Indicators for Silicone Demand
8 Mexico -- Silicone Demand by Market & Product
SECTION V -- WESTERN EUROPE
1 Western Europe -- Key Indicators for Silicone Demand
2 Western Europe -- Silicone Demand by Market & Product
3 Germany -- Key Indicators for Silicone Demand
4 Germany -- Silicone Demand by Market & Product
5 France -- Key Indicators for Silicone Demand
6 France -- Silicone Demand by Market & Product
7 Italy -- Key Indicators for Silicone Demand
8 Italy -- Silicone Demand by Market & Product
9 United Kingdom -- Key Indicators for Silicone Demand
10 United Kingdom -- Silicone Demand by Market & Product
11 Spain -- Key Indicators for Silicone Demand
12 Spain -- Silicone Demand by Market & Product
13 Other Western Europe -- Key Indicators for Silicone Demand
14 Other Western Europe -- Silicone Demand by Market & Product
15 Other Western Europe -- Silicone Demand by Country
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific -- Key Indicators for Silicone Demand
2 Asia/Pacific -- Silicone Demand by Market & Product
3 China -- Key Indicators for Silicone Demand
4 China -- Silicone Demand by Market & Product
5 Japan -- Key Indicators for Silicone Demand
6 Japan -- Silicone Demand by Market & Product
7 South Korea -- Key Indicators for Silicone Demand
8 South Korea -- Silicone Demand by Market & Product
9 Taiwan -- Key Indicators for Silicone Demand
10 Taiwan -- Silicone Demand by Market & Product
11 India -- Key Indicators for Silicone Demand
12 India -- Silicone Demand by Market & Product
13 Other Asia/Pacific -- Key Indicators for Silicone Demand
14 Other Asia/Pacific -- Silicone Demand by Market & Product
15 Other Asia/Pacific -- Silicone Demand by Country
SECTION VII -- OTHER REGIONS
1 Central & South America -- Key Indicators for Silicone Demand
2 Central & South America -- Silicone Demand by Market & Product
3 Brazil -- Key Indicators for Silicone Demand
4 Brazil -- Silicone Demand by Market & Product
5 Other Central & South America -- Key Indicators for Silicone Demand
6 Other Central & South America -- Silicone Demand by Market & Product
7 Eastern Europe -- Key Indicators for Silicone Demand
8 Eastern Europe -- Silicone Demand by Market & Product
9 Russia -- Key Indicators for Silicone Demand
10 Russia -- Silicone Demand by Market & Product
11 Other Eastern Europe -- Key Indicators for Silicone Demand
12 Other Eastern Europe -- Silicone Demand by Market & Product
13 Africa/Mideast -- Key Indicators for Silicone Demand
14 Africa/Mideast -- Silicone Demand by Market & Product
SECTION VIII -- INDUSTRY STRUCTURE
1 World Silicone Sales by Company, 2010
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 World Siloxane Production, 2010
SECTION III -- OVERVIEW
1 World Silicone Demand by Region, 2000-2020
2 World Silicone Demand by Market, 2010
3 World Silicone Demand by Product, 2010
SECTION IV -- NORTH AMERICA
1 North America Silicone Demand by Country, 2010
SECTION V -- WESTERN EUROPE
1 Western Europe Silicone Demand by Country, 2010
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific Silicone Demand by Country, 2010
SECTION VIII -- INDUSTRY STRUCTURE
1 World Silicone Market Share by Company, 2010

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report