Nov 23, 2021   SOURCE: BusinessWire

The Worldwide Silicone Film Industry is Expected to Reach $1.4 Billion in 2028 - ResearchAndMarkets.com

The "Silicone Film Market Size, Share & Analysis, By Membrane Type (Silicone Film, Silicone Coated Film, And Silicone Release Liners), By Film Type, And By End-Use (Electronics, Medical, Industrial, Packaging & Others), And By Region, Global Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

The global silicone film market size is expected to reach USD 1,484.7 Million in 2028, and register a CAGR of 6.1% during the forecast period.

Silicone films have wide scope of applications in manufacturing of wire insulations, lamps, lighting, and power distribution grids, among others, due to superior dielectric properties and high thermal stability of the films. These are major factors expected to drive market growth.

Silicone resins-based films offer properties such as durability, flexibility, and superior strength, resistance to extreme temperatures, resistance to chemicals, and non-toxic nature. Available types of silicone films include PP-siliconized films, PE-siliconized films, low-density polyethylene films, and high-density polyethylene, etc. These films are widely used in various industries including medical, electronics, and packaging, among others.

Increasing consumption of silicone films in consumer electronics, booming E-commerce and food delivery service sectors, which are resulting in high consumption of silicone films in packaging industry are other major factors expected to drive growth of the global silicone film market.

Companies Mentioned

  • Wacker Chemie
  • Mitsubishi Chemical Corporation
  • Elkem
  • Momentive Performance Materials
  • Loparex
  • Dowdupont
  • Toray Advanced Film
  • Siliconature
  • Polyplex
  • Sappi Limited

Some Key Findings From the Report:

  • Among the membrane type segments, the acrylic membrane segment accounted for the largest revenue share in 2020. The silicone elastomer segment accounted for the second-largest revenue share in 2020. The polyurethane membrane segment is expected to register a robust revenue CAGR during the forecast period.
  • Among the film type segments, the silicone release liner segment accounted for the largest revenue share in 2020.
  • Among the end-use segments, the electronic segment accounted for the largest revenue share in 2020. The medical segment accounted for second-largest revenue share in 2020, followed by the packaging segment.
  • The Asia Pacific market accounted for major revenue share in 2020, due to booming end-use industries and increasing number of manufacturing units of various industrial sectors in countries in the region, coupled with high associated demand for silicone films.
  • Europe silicone film market accounted for the second-largest revenue share in 2020, owing to well-established end use industries.
  • North America silicone film market is expected to register a robust revenue CAGR during the forecast period, due to increasing consumption of silicone films in the packaging industry, and presence of major silicone film manufacturers.

Reasons to Buy the Report

  • A robust analysis and estimation of the Silicone Film Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in Silicone Film Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Key Topics Covered:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Silicone Film Market Segmentation & Impact Analysis

4.1. Silicone Film Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Increasing Demand to miniaturize electronics

4.2.2.2. Growing utilities at interfaces in higher power electronics

4.2.3. Market restraints analysis

4.2.3.1. High cost of manufacturing and increased raw material cost

4.3. Technological Insights

4.4. Regulatory Framework

4.5. ETOP Analysis

4.6. Porter's Five Forces Analysis

4.7. Competitive Metric Space Analysis

4.8. Price trend Analysis

Chapter 5. Silicone Film Market By Membrane Type Insights & Trends

Chapter 6. End-Users Market By Film Type Insights & Trends

Chapter 7. Silicone Film Market By End-Use Insights & Trends

Chapter 8. Silicone Film Market Regional Outlook

Chapter 9. Competitive Landscape

9.1. Market Revenue Share By Manufacturers

9.2. Manufacturing Cost Breakdown Analysis

9.3. Mergers & Acquisitions

9.4. Market positioning

9.5. Strategy Benchmarking

9.6. Vendor Landscape

Chapter 10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/vk7i79