Nov 5, 2018   SOURCE: BusinessWire

Silicone (Fluids, Gels, Resins, Elastomers) Market Analysis Report 2018 - Segment Forecasts to 2024 - ResearchAndMarkets.com

The "Silicone Market Analysis Report By Product (Fluids, Gels, Resins, Elastomers), By Application (Electricals & Electronics, Transportation, Construction, Textiles, Pharmaceuticals), And Segment Forecasts, 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.

The global silicone market size is expected to reach USD 18.73 billion by 2025, expanding at a CAGR of 4.6% during the forecast period.

Increasing use of the product for several applications such as flame resistant, airtight gasket, and water proofing in the construction sector is one of the prominent factors stimulating market growth.

The electrical & electronics segment is expected to show significant growth over the forecast period. The product finds its application as sealants, adhesives, and in coatings of cables and wires. In addition, enhanced durability along with ability to improve performance of the device under extreme conditions including zero-gravity and low pressure areas is anticipated to further augment the overall market.

Ample availability of raw materials including polymers and metals coupled with technological expertise has resulted in emergence of developing economies as sights of high growth rates. Other factors including low labor cost and high internal demand are resulting in lowering of cost of the product. High consumer acceptance towards new conceptual electronic products including miniaturization and lightweight is resulting in heightened demand for silicone over the forecast period.

Technological advancements are resulting in development of products that contain a blend of silicone with thermoplastics to enhance protection against scratches. Not only these innovative products lead to lowering friction, which results in smoother transmission of fluids, but also it leads to improved performance of the vehicles.

Key Topics Covered:

Chapter 1 Methodology And Scope

Chapter 2 Executive Summary

Chapter 3 Market Summary

Chapter 4 Market Variables, Trends & Scope

Chapter 5 Product Estimates & Trend Analysis

Chapter 6 Application Estimates & Trend Analysis

Chapter 7 Regional Estimates & Trend Analysis, by Product & Application

Chapter 8 Competitive Landscape

Chapter 9 Company Profiles

  • Shin-Etsu
  • Silchem, Inc.
  • Silteq Limited
  • Wacker-Chemie GmbH
  • ICM Products, Inc.
  • Specialty Silicone Products Incorporated
  • Penta (ITW Performance Polymers & Fluids)
  • Evonik Industries AG
  • SILTEQ (GB Silicone Technology)
  • Hutchinson
  • Kemira Oyj
  • Quantum Silicones
  • RUSNANO
  • Allergan
  • Ashland Incorporated
  • Dow Corning Corporation
  • CRI-SIL Silicone Technologies, LLC
  • CSL Silicones Incorporated

For more information about this report visit https://www.researchandmarkets.com/research/cn86nw/silicone_fluids?w=4