Silicone Gel Market Forecast & Opportunities 2019-2025
Los Angeles, CA -- (SBWire) -- 03/24/2019 --This study focuses on the production side and consumption side of Silicone Gel, presents the global Silicone Gel market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Silicone Gel capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Silicone Gel by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
This report studies the Silicone Gel market, Silicone Gel are mainly used in encapsulation of electronic components for the automotive and power electronics industries and medical.
In global market, the consumption of Silicone Gel increases from 62076 MT in 2013 to 84659 MT in 2016, at a CAGR of 8.93% from 2017 to 2024. In 2016, the global Silicone Gel market is led by United States, capturing about 30.11% of global Silicone Gel consumption. Europe is the second-largest region-wise market with 25.34% global production share.
At present, the major manufacturers of Silicone Gel are Dow Corning, Shin-Etsu Chemical, Wacker, Momentive Performance Materials, Bluestar Silicones (Elkem Group), ACC Silicones, Gelest, KCC Corporation, etc. . Dow Corning is the world leader, holding 14.72% production market share in 2017.
In application, Silicone Gel downstream is wide and recently Silicone Gel has acquired increasing significance in various fields of Electrical & Electronics, Medical & Pharmaceuticals, Cosmetics & Personal Care and others. The Silicone Gel market is mainly driven by growing demand for Electrical & Electronics which accounts for nearly 67.15% of total downstream consumption of Silicone Gel in global.
The Silicone Gel market was valued at 1490 Million US$ in 2017 and is projected to reach 3870 Million US$ by 2025, at a CAGR of 12.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Silicone Gel.
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This report includes the following manufacturers; we can also add the other companies as you want.
Dow Corning
Shin-Etsu Chemical
Wacker
Momentive Performance Materials
Bluestar Silicones (Elkem Group)
ACC Silicones
Gelest
KCC Corporation
Nusil Technology
Siltech Corporation
Applied Silicone Corporation
Henkel
North Coast Medical
Novagard Solutions
Silicone Solutions
Market Segment by Product Type
Industrial Silicone Gel
Medical Silicone Gel
Market Segment by Application
Electrical & Electronics
Medical & Pharmaceuticals
Cosmetics & Personal Care
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