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New Innovation and Perception in Silicones Market

Silicones Market share is expected to garner $20,784 million by 2022, registering a CAGR of 4.9% during the forecast period 2016-2022. Silicones, or polysiloxanes are high-performance oligomers or polymers with an alternating silicon oxygen backbone, formed with aliphatic or aromatic side groups.

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New Innovation and Perception in Silicones Market

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Silicones Market Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. The demand for silicones from electronics end user segment is projected to increase at a CAGR of 6.5%, owing to increase in the global electronics device & component production, especially in China & other emerging countries. The demand in medical end user segment is expected to show considerable growth due to its growing usage in implant, dental bridges, medical device, medical tubing, and scar gel. - Biswa Sinha 

  3. SILICONES MARKET

  4. SILICONES MARKET OVERVIEW Silicones Market share is expected to garner $20,784 million by 2022, registering a CAGR of 4.9% during the forecast period 2016-2022. Silicones, or polysiloxanes are high-performance oligomers or polymers with an alternating silicon oxygen backbone, formed with aliphatic or aromatic side groups. They are considered as a modern class of synthetic materials in which siloxane functional group forms the backbone and can take a variety of physical forms, such as solids, semi-viscous pastes, oils, and more. They are produced by reacting silicon with methyl chloride and a further reaction with water. Silicones are resistant to high & low temperatures and find applications in several products used across a wide range of end-user industries. Silicones are beneficial owing to their heat resistance and rubber-like quality. This is perhaps why they are used widely in the manufacture of sealants, adhesives, lubricants, medicine, thermal & electrical insulation, and cooking.

  5. SILICONES MARKET SUMMARY Silicones Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $20,784 million by 2022, registering a CAGR of 4.9% during the period 2016-2022.Silicone elastomers segment dominated with more than one-third share of the market revenue and volume in 2015. Access Full Summary at:https://www.alliedmarketresearch.com/silicones-market The silicone market is driven by factors such as rapid infrastructure development, growing adoption of medical implants, and superior properties namely less CO2 and other greenhouse gas emissions from silicone products. Silicones bond with most materials, from concrete, glass, granite, and marble to aluminum, steel, and plastics. These are the best choice for various infrastructure activities owing to their advantages such as high durability and resistance to decay caused to other materials through rough weather conditions, moisture, or sunlight. Silicones are widely accepted as safe materials for human body and are also approved by FDA after extensive research to be used as a fixture or implant in different parts of the body.

  6. SILICONES MARKET SUMMARY They are also utilized in many other medical treatments to facilitate healing at a faster rate, enhance the appearance of existing scars, and decrease discomfort. The factors that restrain the market growth include availability and volatile cost of raw materials. Silicones market is segmented into different types such as elastomers, fluids, resins and gels. The elastomer segment accounted for more than one-third of the global silicone market, both in terms of volume and revenue in 2015, owing to its unique ability to retain its mechanical properties over a wide temperature range. Hence, silicone elastomers are mostly applicable in construction, where they are used as structural glazing sealant. Silicone fluids is the second largest segment and is mostly used in cosmetics, paints & coatings, and healthcare industries.

  7. KEY FINDING OF SILICONES MARKET Key Findings of Silicones Market: Asia-Pacific is expected to continue to lead the market throughout 2022, followed by Europe. The building & construction end user segment accounted nearly half of the global silicones demand in 2015. Silicone elastomers market volume is projected to grow with a higher CAGR of 5.6% during the forecast period. China contributed one-fifth of the silicones market volume in 2015.

  8. SILICONES MARKETDYNAMICS IMPACTS Market Dynamics Impact Analysis, 2015 vs. 2022

  9. SILICONES MARKET SEGMENTS REVIEW The focus on the usage of environment-friendly products that have less emission of greenhouse gases  has popularized the use of silicones. The growing infrastructure activities in emerging countries will drive the silicones market size in the coming days. Silicones are widely preferred in place of plastic, as they are more ocean-friendly and highly durable. They are also considered eco-friendly as they do not pose toxic problems for aquatic and soil organisms. Silicone is also odor-free and stain-resistant, making it hygienic and hypoallergenic. Apart from the driving factors, the market is also anticipated to experience external barriers. Silicones are mainly used as adhesives, sealants, and coatings in these sectors. In addition, silicone rubbers are widely used as sculptor materials to make accurate reproductions of original sculpture. Request sample PDF at: https://www.alliedmarketresearch.com/request-sample/1417

  10. SILICONES MARKET SEGMENTS REVIEW Silicone-based products also contribute toward energy savings and greenhouse-gas emission reduction, which increases its popularity in the end-user market. The rising cost of key raw materials, methyl chloride & silicon metal hinders the market growth. Emerging economies in Asia-Pacific region, such as India, Indonesia, and Thailand, offer various opportunities for the growth of the silicones industry owing to the rapidly growing end-user industries in these countries. The silicones market forecast for the next few years appears promising in different regions globally. Segment Review:The global silicones industry is segmented on the basis of type, end user, and geography. Based on different types, the market is classified into categories including elastomers, fluids, resins, and gels. Silicones find applications in various industries, such as building & construction, transportation, electronics, medical, textile & leather, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

  11. SILICONES MARKET KEY BENEFITS KEY BENEFITS The report provides an in-depth analysis of the global silicones market size and estimations from 2014 to 2022, including information about the current market situation, changing market dynamics, expected silicones market trends, and market intelligence. The factors that drive and impede the growth of the global silicones market share are comprehensively analyzed in this study. Porter’s Five Forces model and SWOT analysis illustrate the potency of buyers and sellers. The report contains a comprehensive study of the key strategies adopted by companies to gain competitive advantage in the market. A micro-level silicones market analysis is conducted based on type, end user, and geography.

  12. SILICONES MARKET KEY PLAYERS Asia-Pacific and Europe collectively contributed about two-thirds to the silicones market revenue in 2015. In the year 2015, Asia-Pacific dominated the silicones market due to its high consumption in building & construction and vehicle production. The prominent players profiled in this report includes-- BluestarSilicones International Co., Ltd. (France), Shin-Etsu Chemical Co. Ltd. (Japan), Momentive Performance Materials Inc. (U.S.), Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Evonik Industries AG (Germany), Sivance LLC (U.S.), CSL Silicones Inc. (Canada), Emerald Performance Materials, LLC (U.S.), and ICM Products Inc. (U.S.).

  13. SILICONES BY GEOGRAPHY North America Europe Asia-Pacific LAMEA

  14. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/silicones-market Follow Us On

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