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Pulished Date February, 2020
ID: 8119
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Silicone Elastomers Market By Type (HTV, LSR, RTV), By Process (Extrusion, Liquid Injection, Injection, Compression), By End-use Industry (Transportation, Electronics, Healthcare, Consumer Goods, Industrial Machinery), & By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2020-2025).

Pulished: February, 2020
ID: 8119
Pages: 175

The silicone Elastomers Market was valued at 6 billion and is expected to grow at a CAGR of 5% in the outlook period between 2020 and 2025. By 2025, the market value will be above 8 billion USD.

Silicone Elastomers Market Recent Developments

  • In 2015, Ohio based recycler Axion International filed for bankruptcy as it could not attract any outside financing or credit.
  • Purolite launched a new level in the innovation of Elastomers market resin simulation platform. This is called the Purolite Resin System (PRS) modelling platform.
  • ACM Technologies started its high-end elastomers market regeneration facility in Gardena, CA. This new plant enables customers in the west coast to send in their spent Elastomers market resins for regeneration and subsequent reuse improving the supply chain of the products.

Drivers and Restraints of the Global Silicone Elastomers Market

The stringent policies regarding the environment have made it difficult for plastics and opened doors for the growth of silicone elastomers market in North America. Ease of handling non-utilized plastic material is also a driving factor. PE-base Elastomers is the highest contributor in the North American region, thus PE-based composited add to the overall growth of the industry.

The usage of elastomers in aerospace, wind energy turbines is growing and these options are often come cheap as compared to their counterparts that help in the growth of the industry. Silicone elastomers possess superior characteristics such as low surface friction, tear resistance, thermal resistance, and self-adhesive nature that increase the value of the products for various applications such as construction, consumer goods, automotive, healthcare, medical, and electrical & electronics, and industrial sectors.

Drawbacks in the Silicone Elastomers Market

Elastomers market industry is affected by the volatile price and alternatives. The concentration of the market in some areas of the world is affecting sales in other areas. Mechanical strength of these elastomers is a major drawback and thus hinders the growth of the industry.

Global Silicone Elastomers Market Segmentation:

Silicone Elastomers Market - By Type

  • HTV
  • RTV
  • LSR

Silicone Elastomers Market - By Process

  • Extrusion
  • Liquid Injection
  • Compression
  • Injection

Silicone Elastomers Market - By End-use

  • Transportation
  • Electronics
  • Healthcare & Pharmaceutical
  • Consumer Goods
  • Industrial Machinery

On the basis of type, the HTV segment accounted for the largest share of the silicone elastomers market in 2017, in terms of both volume and value. HTV elastomers are cured at a high temperature, either by means of platinum catalyzation or organic peroxides. The cured rubber is added with reinforcing fillers to give it mechanical strength. HTV silicone rubbers have wide application areas due to their excellent properties such as high strength of siloxane bond, electrical conductivity, radiation resistance, steam resistance, flame retardance, oil resistance, and extreme temperature resistance.

Liquid silicone rubber (LSR) is expected to gain market share over the next five years. Growing demand in various applications such as injection moulding which is pertinent across several end-use industries such as automotive, medical equipment, toys, packaging, musical instruments, house-wares, consumer goods, storage containers etc., which can be attributed to the high growth of this product segment.

Silicone Elastomers Market Regional Analysis:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

North America is one of the largest markets for the Silicone Elastomers industry thanks to the huge investments in the pharmaceutical sector. The USA has invested a lot in healthcare facilities. Importance to safe packaging has increased and plastics are becoming second choices to the elastomers and bio-based composites.

Asia Pacific silicone elastomers industry accounted for over 49.3% of the overall revenue in 2019. Construction spending in countries such as China, South Korea, Malaysia, Indonesia, Vietnam, and India is expected to influence regional demand. In addition to this, Asia Pacific is forecasted to witness high electrical & electronics and automotive manufacturing owing to rising affluence of people combined with a growing population, thereby bolstering the regional silicone elastomers market.

Silicone Elastomers market Key players:

  1. Whacker Chemie AG
  2. Certainteed Corporation.
  3. Polymera Inc
  4. Reiss Manufacturing
  5. ResinTech Inc.,

Impact of COVID-19 on Global Silicone Elastomers Market

Coronavirus has resulted in severe challenges for the silicone elastomers market by impacting production and distribution in the end-user sector. Major economies around the world are affected due to pandemic. For instance, North America, especially the USA is badly plagued by COVID-19 virus during the major parts of 2020. Amidst this, the USA has prepared for the search of the vaccine. It has negatively affected the demand for elastomers across various end-use industries such as aerospace & defence, automotive & transportation, wind energy, construction & infrastructure, and pipes & tanks. The disruption in the supply chain resulted in delays or non-arrival of raw materials, disrupted financial flows, and declining morale among production line workers have compelled aircraft and automobile manufacturers to operate at reduced capacities. This has led to a reduction in demand for silicone elastomers. The market is supposed to recover from 2021 onwards.

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 HTV            

                                5.1.3 LSR             

                                5.1.4 RTV            

                                5.1.5  Y-o-Y Growth Analysis, By Type     

                                5.1.6  Market Attractiveness Analysis, By Type   

                                5.1.7  Market Share Analysis, By Type     

                5.2 Process                        

                                5.2.1 Introduction           

                                5.2.2 Extrusion 

                                5.2.3 Liquid Injection     

                                5.2.4 Injection  

                                5.2.5 Compression         

                                5.2.6 Y-o-Y Growth Analysis, By Process

                                5.2.7 Market Attractiveness Analysis, By Process

                                5.2.8 Market Share Analysis, By Process

                5.3 End-use Industry                      

                                5.3.1 Introduction           

                                5.3.2 Transportation      

                                5.3.3 Electronics              

                                5.3.4 Healthcare              

                                5.3.5 Consumer Goods 

                                5.3.6 Industrial Machinery          

                                5.3.7 Y-o-Y Growth Analysis, By End-use Industry              

                                5.3.8  Market Attractiveness Analysis, By End-use Industry           

                                5.3.9 Market Share Analysis, By End-use Industry             

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Process

                                                6.1.3.4 By End-use Industry

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Process

                                                6.1.4.4 By End-use Industry

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Process

                                                6.1.5.4 By End-use Industry

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 China National Bluestar Silicones                      

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 KCC Corporation                      

                8.3 Reiss Manufacturing                               

                8.4 Mesgo SpA                 

                8.5 Specialty Silicone Products                   

                8.6 Zhejiang Xinan Chemical Industrial Group Co., Ltd.                    

                8.7 Dow Corning                              

                8.8 Wacker Chemie                        

                8.9 Momentive Performance Materials                 

                8.10 Shin-Etsu                   

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Silicone Elastomers Market Market By Region, From 2020-2025 ( USD Billion )

  2. Global Silicone Elastomers Market Market By Type , From 2020-2025 ( USD Billion )

  3. Global HTV Market By Region, From 2020-2025 ( USD Billion )

  4. Global LSR Market By Region, From 2020-2025 ( USD Billion )

  5. Global RTV Market By Region, From 2020-2025 ( USD Billion )

  6. Global Silicone Elastomers Market Market By Process , From 2020-2025 ( USD Billion )

  7. Global Extrusion Market By Region, From 2020-2025 ( USD Billion )

  8. Global Liquid Injection Market By Region, From 2020-2025 ( USD Billion )

  9. Global Injection Market By Region, From 2020-2025 ( USD Billion )

  10. Global Compression Market By Region, From 2020-2025 ( USD Billion )

  11. Global Silicone Elastomers Market Market By End-use Industry , From 2020-2025 ( USD Billion )

  12. Global Transportation Market By Region, From 2020-2025 ( USD Billion )

  13. Global Electronics Market By Region, From 2020-2025 ( USD Billion )

  14. Global Healthcare Market By Region, From 2020-2025 ( USD Billion )

  15. Global Consumer Goods Market By Region, From 2020-2025 ( USD Billion )

  16. Global Industrial Machinery Market By Region, From 2020-2025 ( USD Billion )

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