Pune, India -- (SBWIRE) -- 06/25/2018 -- Data Bridge Market Research Adds "Global Silicone Market– Industry Trends and Forecast to 2025" new report to its research database. The report spread No of pages : 350 No of Figures: 60 No of Tables: 220 in it.
This comprehensive Silicone industry research report includes a brief on these trends that can help the organizations operating in the industry to understand the market and strategics for their business expansion accordingly. The research report analyzes the market CAGR,Volume, industry share And size, demand and trend growth, key segments, and key drivers and restrains.
New Players in the market are facing tough competition from established international Players as they struggle with technological innovations, reliability and quality issues. The report will answer questions about the current market developments and the scope of competition, opportunity cost and more.
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Global Silicone Market is expected to reach USD 19.78 billion by 2025, from USD 13.67 billion in 2017 growing at a CAGR of 5.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The global silicone market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Silicone market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
- DOW Corning,
- Among Others Are-Gelest, KCC Corporation, Nusil Technologies (Avantor Performance Materials), Evonik,
Specialty Silicone Products, Kaneka, Basf, Arkema, Siltech Corporation, ICM Silicone Group, Emerald Performance Materials, CSL Silicones, Primasil Silicones, Roger Corporation, Ashland Global Holdings, Silteq, Reiss Manufacturing, Zhejiang Xinan Chemical Industrial Group, Saint-Gobain And Sivance
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Major Market Drivers and Restraints:
- Efficient and sustainable properties of silicone to drive its demand in various end-use industries
- Growing demand for silicones in emerging clusters of Asia-pacific and the Middle East & Africa region
- Growing demand in new applications
- Stringent regulatory policies for silicone in few end-use industries
- The global silicone market is segmented based on, type, end-use industry and geographical segments.
- Based on type, the global silicone market is segmented into silicone elastomers, silicone fluids, silicone resins, silicone gels & other products.
- On the basis of end-use industry, the global silicone market is classified into industrial process,
building & construction, personal care & consumer products, transportation, electronics, medical & healthcare, energy, others
- Based on geography, the global silicone market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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