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Silicone Elastomers Market Share

  • Report ID: GMI361
  • Published Date: Jan 2022
  • Report Format: PDF
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Silicone Elastomers Market Share

The global silicone elastomer industry includes key players such as

  • China National BlueStar (Group) Co., Ltd.
  • Mesgo S.P.A.
  • Momentive Performance Materials Inc.
  • Shin-Etsu Chemical Co.
  • Dow Corning Corporation
  • KCC Corporation, Ltd.
  • Reiss Manufacturing Inc.
  • Reiss Manufacturing Inc.
  • Stockwell Elastomerics
  • Stockwell Elastomerics

Major market players serve their products to a wide range of application industries, which include electrical & electronics, automotive & transportation, industrial machinery, consumer goods and construction.
 

Furthermore, manufacturers are engaged in several activities, which include product development & innovations, mergers & acquisitions to strengthen their market position. For instance, On January 2021, Momentive Performance Materials, Inc. announced acquisition of KKC Corporation’s silicones business and strengthen its market position in global capabilities in Advanced silicones.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Silicone elastomers market size surpassed USD 10 billion in 2020 and is expected to exhibit a CAGR of 6.5% between 2021 and 2027 driven by the rising application scope in the automotive and consumer goods industries.

Silicone elastomers are utilized in construction machinery and materials given that they play a critical role in the delivery of high-quality prefabricated building elements.

The market revenue from liquid silicone rubber is expected to exceed USD 5.5 billion through 2027 considering the rising product application in numerous end-user industries comprising consumer goods, toys, furniture, packaging, and others.

North America silicone elastomers market size is anticipated to surpass USD 3.10 billion up to 2027 citing the increasing automotive and construction industries across the region.

Silicone Elastomers Market Scope

  • Silicone Elastomers Market Size
  • Silicone Elastomers Market Analysis
  • Silicone Elastomers Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 11
    • Tables & Figures: 185
    • Countries covered: 11
    • Pages: 165
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