Title: Silicone Elastomers Market - Forecast(2022 - 2027)
1Silicone Elastomers MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Silicone elastomers market size is forecast to
reach US7.1 billion by 2026, after growing at a
CAGR of 6.2 during 2021-2026. - The industry's rapid expansion is owing to its
superior properties such as extreme temperature
resistance, excellent environmental resistance,
and low compression set, which makes them
suitable for application in various end-use
industries such as automotive, aerospace, and
healthcare.
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Key Takeaways
- Asia-Pacific dominates the silicone elastomers
market, owing to the increasing electrical
electronics industry in the region, which is
accelerating the demand for halogen free flame
retardants. According to Invest India, the
domestic electronics market in India to attain
US400 billion by 2025. - The usage of silicone elastomers such as
polysiloxane, liquid silicone rubber,
fluorosilicone rubber, and more is growing in the
electronics industry due to its increasing use in
LEDs, gaskets, rollers, and other consumer
electronics.
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By Distribution Channel- Segment Analysis The
high temperature vulcanized (HTV) segment held
the largest share in the silicone elastomers
market in 2020 and is growing at a CAGR of 5.5
during 2021-2026. Higher viscosity rubbers that
can be combined and processed like other
elastomers are known as heat-curable,
high-temperature-vulcanizing (HTV) elastomers.
They're
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- Silicone Elastomers Market Industry Outlook
- Dow Corning,
- Wacker Chemie,
- Momentive Performance Materials,
- Shin-Etsu,
- China National Bluestar Silicone,
- KCC Corporation,
- Reiss Manufacturing,
- Mesgo SpA,
- Zhejiang Xinan Chemical Industrial Group Co. Ltd
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2027) Learn More About the Report _at_
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elastomers-market.html
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