Silicone Gel Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
This report studies the Silicone Gel market, Silicone Gel are mainly used in encapsulation of electronic components for the automotive and power electronics industries and medical.
In global market, the consumption of Silicone Gel increases from 62076 MT in 2013 to 84659 MT in 2016, at a CAGR of 8.93% from 2017 to 2030. In 2016, the global Silicone Gel market is led by United States, capturing about 30.11% of global Silicone Gel consumption. Europe is the second-largest region-wise market with 25.34% global production share.
At present, the major manufacturers of Silicone Gel are Dow Corning, Shin-Etsu Chemical, Wacker, Momentive Performance Materials, Bluestar Silicones (Elkem Group), ACC Silicones, Gelest, KCC Corporation, etc. . Dow Corning is the world leader, holding 14.72% production market share in 2017.
In application, Silicone Gel downstream is wide and recently Silicone Gel has acquired increasing significance in various fields of Electrical & Electronics, Medical & Pharmaceuticals, Cosmetics & Personal Care and others. The Silicone Gel market is mainly driven by growing demand for Electrical & Electronics which accounts for nearly 67.15% of total downstream consumption of Silicone Gel in global.
The Global Silicone Gel Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Silicone Gel Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Dow Corning
Shin-Etsu Chemical
Wacker
Momentive Performance Materials
Bluestar Silicones (Elkem Group)
ACC Silicones
Gelest
KCC Corporation
Nusil Technology
Siltech Corporation
Applied Silicone Corporation
Henkel
North Coast Medical
Novagard Solutions
Silicone Solutions
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Industrial Silicone Gel
Medical Silicone Gel
In Market segmentation by applications :
Electrical & Electronics
Medical & Pharmaceuticals
Cosmetics & Personal Care
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Silicone Gel Market for the forecast period 2023 - 2030?
• What are the driving forces in the Silicone Gel Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Silicone Gel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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