Silicone Elastomers Market size worth $12.8 Billion by 2023: Global Market Insights, Inc. - PowerPoint PPT Presentation

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Silicone Elastomers Market size worth $12.8 Billion by 2023: Global Market Insights, Inc.

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Market Size - $7.15 Billion in 2015, Market Growth - CAGR of 7.6%, Market Trends – Positive automotive production index to drive silicone elastomers industry growth – PowerPoint PPT presentation

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Title: Silicone Elastomers Market size worth $12.8 Billion by 2023: Global Market Insights, Inc.


1
Silicone Elastomers Market 2016 2023
2
Global Market Scenario of Silicone Elastomers
  • Silicone Elastomers Market Size was estimated at
    over 1,000 kilo tons in 2015, with forecast
    expectations of 1,537 kilo tons by 2023.
  • Growing population, rising disposable income,
    rapid industrialization and urbanization in the
    high-growth regions are some of the key factors
    that are presumed to drive the regional markets.
  • RD for product development, synchronized with
    applications should offer strong growth
    opportunities to silicone elastomers industry
    participants.
  • Silicone elastomers market size in terms of
    revenue should exceed USD 12.8 billion by 2023.
  • https//www.gminsights.com/industry-analysis/silic
    one-elastomers-market

3
Continue.....
  • Healthcare applications include catheters,
    tubing, medical cables, seals gaskets,
    membranes, O-rings, valves, respiratory care
    applications, anesthetic masks, medical
    instruments equipments and medical textile
    coatings.
  • Silicone elastomers market price trend is likely
    to witness a gaining trend over the next seven
    years, primarily driven by strong global cues.
  • Growing (Room Temperature Vulcanize) RTV in major
    end-use industries is likely to be beneficial for
    the overall industry. Growing demand from
    application avenues, especially in developing
    areas, is expected to be a key driving factor for
    the silicone elastomers market growth over the
    next seven years.
  • https//www.gminsights.com/industry-analysis/si
    licone-elastomers-market
  •  

4
U.S. silicone elastomers market size, by
application, 2013-2023 (KT)
https//www.gminsights.com/industry-analysis/silic
one-elastomers-market

5
360 Analysis
  • Application Analysis
  • (High Temperature Vulcanize) HTV silicone
    elastomers market demand was calculated at over
    600 kilo tons in 2015, at 5.2 CAGR growth
    estimate up to 2023. (Liquid Silicone Rubber) LSR
    silicone elastomers market size is likely to
    reach 457 kilo tons by 2023.
  • Regional Analysis
  • Asia Pacific, predominantly through the China,
    Japan and India silicone elastomers market size,
    dominates regional demand, with revenue forecast
    of over USD 6.6 billion by 2023.
  • North America is a somewhat saturated regional
    industry, with sluggish outlook on automotive and
    construction spending. U.S. silicone elastomers
    market size is forecast to reach USD 1.37 billion
    by 2023. Europe, which was dominated by Germany
    silicone elastomers market share, is set to
    witness gains at 4.9 over the next seven
    years. 
  • Competitive Market Share
  • The global silicone elastomers market share is
    quite concentrated, with top four participants
    catering to over 80 of the total industry
    demand. 
  • Dow Corning Corporation dominated industry in
    2015, with over 42 market share followed by
    other prominent industry participants such as
    Wacker Chemie, Momentive, and Shin-Etsu. 


6

Latest Research Report On Silicone Elastomers
Market _at_ https//www.gminsights.com/industry-analy
sis/silicone-elastomers-market Download Latest
Report PDF _at_ https//www.gminsights.com/request-sa
mple/detail/361
7
Stay In Touch You can visit us at
www.gminsights.com
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