Silicones and Siloxanes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
Siloxanes are volatile organosilicon compounds which consist of repeating silicon-oxygen (Si-O) bonds attached to the silicon atom. They generally occur in either linear or cyclic form. Siloxanes are characterised by their physiological inertness, high stability, and good release and lubricating properties. On the other hand, silicones or polysiloxanes are polymeric synthetic materials which are formulated from siloxanes. They commonly occur in the form of plastic with a flexible or rubberlike texture as well as have a high oxidation and temperature stability. According to IMARC Group’s latest report, titled “Silicones and Siloxanes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global silicones market reached a volume of 2.1 Million Tons in 2017, whereas the global siloxanes market reached a volume of 2.7 Million Tons in 2017.
Silicones are being increasingly used as sealants, adhesives, and lubricants owing to the various properties offered by them. This is one of the major factors that is propelling the growth of the global silicones market. Additionally, silicones find several commercial applications ranging from electrical-wire insulation to biomedical implants. Moreover, the key force which is facilitating the growth of the siloxanes market is the flourishing food and cosmetics industries, where it is widely used as an oil substitute for low-calorie food products such as salad dressings, mayonnaise and potato chips; and to enhance skin texture, reduce greasiness, provide shiny look, etc. Looking forward, the global market for silicones is expected to reach a volume of 2.8 Million Tons by 2023, exhibiting a CAGR of more than 5% during 2018-2023. On the other hand, the global siloxanes market is expected to reach a volume of 3.7 Million Tons by 2023, exhibiting a CAGR of around 6% during 2018-2023.
The report has segmented the silicones market on the basis of type into elastomers, fluids, gels and resins. Among these, elastomers are the most popular product type. Based on application, the silicones market is segregated into industrial processes, construction materials, home and personal care, transportation, energy, healthcare and electronics. Currently, industrial processes represent the largest application segment. On a regional-basis, the report covers Asia-Pacific, Europe, North America, Central and South America, and Middle East and Africa, wherein Asia Pacific accounts for the majority of the global market share. The report has also analysed the competitive landscape of the market with some of the key players being Dow Corning, Momentive, Wacker, Shin-Etsu and Elkem (Bluestar), China National BlueStar and KCC Corp.
This report provides a deep insight into the global silicones and siloxanes market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and success factors, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the silicones and siloxanes industry in any manner.
Key Questions Answered in This Report:
How has the global silicones and siloxanes market performed so far and how will it perform in the coming years?
What are the key regions in the global silicones and siloxanes market?
What are the key application segments in the global silicones and siloxanes market?
Which are the popular product types in the global silicones and siloxanes market?
What are the price trends of silicones and siloxanes?
What are the major raw materials required in the production of silicones?
What are the major raw materials required in the production of siloxanes?
How are silicones and siloxanes manufactured?
What are the various stages in the value chain of silicones and siloxanes?
Who are the key players in the global silicones and siloxanes market?
What is the structure of the global silicones and siloxanes market?
What is the degree of competition in the global silicones and siloxanes market?
What is the supply demand of various feedstocks that are used in the manufacturing of silicones and siloxanes?
Who are the key manufacturers of silicone and siloxane feedstocks?
What are the import and export trends in the global silicones and siloxanes market?
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