PPT for Silicone Market - PowerPoint PPT Presentation

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PPT for Silicone Market

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Silicone Market Size, Industry Outlook, Regional Analysis, Application Development, Competitive Landscape & Forecast, 2016 - 2023 – PowerPoint PPT presentation

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Title: PPT for Silicone Market


1
Silicone Market 2016 2023
Silicone Market Size, Industry Outlook, Regional
Analysis, Application Development, Competitive
Landscape Forecast, 2016 - 2023
2
Global Market Scenario of Silicone
  • Global silicone market size was estimated at over
    1.65 million tons in 2014 and is likely to exceed
    2.5 million tons by 2023 with gains of over 5.5
    from 2016 to 2023.
  • This market is likely to exceed USD 22 billion by
    2023 growing with an estimated CAGR of close to
    6 from 2016 to 2023.
  • Silicone elastomers market was the most
    significant segment and is likely to witness
    gains at over 6.5, owing to growing demand from
    automotive, infrastructure construction.
    Silicone fluids are likely to witness moderate
    growth rates of over 3.8 up to 2023 with demand
    expected from end-use industries such as
    toiletries, cosmetics and pharmaceuticals.
  • Silicone resins are likely to witness below
    average growth rates of close to 3 up to 2023
    with anticipated demand from construction
    industry. 

3
Continue.....
  • Increase in infrastructure investment and
    positive outlook on construction and housing
    space is likely to drive silicone market.
    Construction is one of the major application
    avenues, with water repellent coatings, glass
    coatings, solar panel sealants, LED fixtures,
    epoxy coatings, sealants and masonry coatings.
  • Growing demand for heat transfer oil to provide a
    thermal interface in oil gas industry is likely
    to drive silicone market growth.
  • It is also used in energy efficient durable
    applications such as LED lamps, construction
    materials and electric vehicles. Recent
    developments of LSR and FSR are likely to offer
    developments on cost effective elastomers
    resins.
  • Get more detail _at_ https//www.gminsights.com/indus
    try-analysis/silicone-market-

4
360 Analysis
  • Application Analysis
  • Growth in transportation industry such as
    automobiles and aerospace is likely to drive
    demand. Transportation equipments are
    continuously exposed to chemical physical
    attacks which require durable structures for
    minimizing maintenance repairing costs. They
    are used in automobiles, spacecrafts and ocean
    vessels to enhance exterior resilience against
    extreme weather conditions.
  • Regional Analysis
  • China was the largest consumer owing to the
    presence of large scale industries such as
    electronics, automobile, petrochemicals and
    textiles. Construction industry in China is also
    the largest in the world market with an estimated
    spending of USD 1.78 trillion in 2014.
  • Asia Pacific (excluding China) is likely witness
    significant gains over the forecast period. Major
    automobile manufacturers prefer to set u their
    plants in Thailand, Indonesia and India owing to
    cheap labor wages and government incentives. 
    Europe is likely to witness an increase in demand
    owing to growth in automobile industry.
  • Competitive Market Share
  • The global silicone market share is fragmented
    and is expected to witness few mergers
    acquisitions over the forecast period. Key
    companies operating in this industry include
    Wacjer Chemie, Dow Corning, Ashland, BASG and 3M
    Company. Other prominent manufacturers include
    Arkema, ICM Products, Evonik Industries, Jiangsu
    Hongda New Material Co. Ltd.


5

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this report _at_ http//bit.ly/2cn6tlm Browse
complete summary of this report _at_
http//bit.ly/2bWm12W
6
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