Silicone Global Market Report 2022 – By Product Type (Elastomers, Fluids, Gels, Other Product Types), By Application (Construction, Transportation, Electrical & Electronics, Textiles, Personal Care & Pharmaceuticals, Other Applications), By End-User (Industrial, Electronics, Machinery, Aerospace, Medical) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : 7316 | Delivery Time: 2-3 business days | Format :


The silicone market consists of sales of silicone and related services for usage in the manufacturing of lubricants and synthetic rubber. They are characterized by thermal stability, hydrophobic nature, and physiological inertness. Silicone (except resins) is widely used in the medical industry to manufacture surgical implants and dental impression materials.

The main product types of silicone are elastomers, fluids, gels, and other products. Elastomers are polymers that are having viscosity and elasticity and therefore are known as viscoelasticity. The silicone products are applied in construction, transportation, electrical and electronics, textiles, personal care and pharmaceuticals, and other applications that are used by industrial, electronics, machinery, aerospace, and medical sectors.

The global silicone market is expected to grow from $15.88 billion in 2021 to $18.31 billion in 2022 at a compound annual growth rate (CAGR) of 15.3%. The silicone market is expected to grow to $33.74 billion in 2026 at a CAGR of 16.5%.

Increase in demand for silicone in different industries is expected to propel the silicone market. Silicone materials are being extensively used in industries such as construction, transportation, electrical & electronics, textiles and personal care, and pharmaceuticals. Silicone materials such as silicone sealants, adhesives, and coatings have major applications in construction. Also, in the electronics sector, silicon is used to provide high thermal stability and resistance to weathering, ozone, moisture, and UV radiation in electronic products.

Increasing prices of raw materials adding to the manufacturing costs are expected to restraint the growth of the silicone market. The low availability of raw silicone resulting from the shutting down of the manufacturing facilities is considered to be an important factor affecting the prices of silicone materials. The shutdown of silicone production facilities in Germany, the USA, and China due to different environmental factors and government sustainable policies disrupted the supply of silicone in recent years. This has increased pressure on the manufacturers to raise the prices of silicone materials. For instance, companies such as Wacker Chemie AG, Elkem Silicones, Shin-Etsu Chemical Co., and Momentive Performance Materials Inc. increased silicone elastomers prices by 10% to 30% due to an increase in raw material and energy costs. Therefore, fluctuations in the prices of raw materials are expected to hamper the silicone market growth.

The increasing demand for green chemicals is driving the growth of the silicone market. The increasing stress on the use of environmentally friendly materials is positively affecting the silicone market. Silicone products are regarded as environmentally friendly and more durable than that of plastic products. For instance, in 2019, The Canadian Health Department reported on its website, stated that there are no health risks associated with the use of silicone cookware instead of plastic cookware.

In 2019, Elkem ASA, a Norway-based leading silicone manufacturer, acquired Basel Chemie Co., Ltd for an undisclosed amount. Acquisition of Basel Chemie Co., Ltd was aimed to strengthen Elkem ASA’s silicone gel manufacturing capabilities. Basel Chemie Co., Ltd. is a South Korea-based company that specializes in manufacturing silicone gels for its use in cosmetics and water repellents.

Major players in the silicone market are Wacker-Chemie GmbH, CSL Silicones, Specialty Silicone Products Incorporated, Evonik Industries AG, Kaneka Corporation, Dow Corning Corporation, Momentive, Elkem ASA, and Gelest Inc.

Asia Pacific was the largest region in the silicone market. The regions covered in the silicone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the silicone market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The global silicone market is segmented -

1) By Product Type: Elastomers, Fluids, Gels, Others

2) By Application: Construction, Transportation, Electrical and Electronics, Textiles, Personal Care and Pharmaceuticals, Others

3) By End-User: Industrial, Electronics, Machinery, Aerospace, Medical

    Table Of Contents

    1. Executive Summary

    2. Silicone market Characteristics

    3. Silicone market Size And Growth

    3.1. Global Silicone Historic Market, 2016 - 2021, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Silicone Forecast Market, 2021- 2026F, 2031F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Silicone market Segmentation

    4.1. Global Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    Elastomers

    Fluids

    Gels

    Other Product Types

    4.2. Global Silicone market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    Construction

    Transportation

    Electrical & Electronics

    Textiles

    Personal Care & Pharmaceuticals

    Other Applications

    4.3. Global Silicone market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    Industrial

    Electronics

    Machinery

    Aerospace

    Medical

    5. Silicone market Regional And Country Analysis

    5.1. Global Silicone market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    5.2. Global Silicone market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    6. Asia-Pacific Silicone market

    6.1. Asia-Pacific Silicone market Overview

    6.2. Asia-Pacific Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    7. China Silicone market

    7.1. China Silicone market Overview

    7.2. China Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F,$ Billion

    8. India Silicone market

    8.1. India Silicone market Overview

    8.2. India Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    9. Japan Silicone market

    9.1. Japan Silicone market Overview

    9.2. Japan Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    10. Australia Silicone market

    10.1. Australia Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    11. Indonesia Silicone market

    11.1. Indonesia Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    12. South Korea Silicone market

    12.1. South Korea Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    13. Western Europe Silicone market

    13.1. Western Europe Silicone market Overview

    13.2. Western Europe Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    14. UK Silicone market

    14.1. UK Silicone market Overview

    14.2. UK Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    15. Germany Silicone market

    15.1. Germany Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    16. France Silicone market

    16.3. France Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    17. Eastern Europe Silicone market

    17.1. Eastern Europe Silicone market Overview

    17.2. Eastern Europe Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    18. Russia Silicone market

    18.1. Russia Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    19. North America Silicone market

    19.1. North America Silicone market Overview

    19.2. North America Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    20. USA Silicone market

    20.1. USA Silicone market Overview

    20.2. USA Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    21. South America Silicone market

    21.1. South America Silicone market Overview

    21.2. South America Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    22. Brazil Silicone market

    22.1. Brazil Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    23. Middle East Silicone market

    23.1. Middle East Silicone market Overview

    23.2. Middle East Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    24. Africa Silicone market

    24.1. Africa Silicone market Overview

    24.2. Africa Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    25. Silicone market Competitive Landscape And Company Profiles

    25.1. Silicone market Competitive Landscape

    25.2. Silicone market Company Profiles

    25.2.1. Wacker-Chemie GmbH

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. CSL Silicones

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Specialty Silicone Products Incorporated

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Evonik Industries AG

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Kaneka Corporation

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Silicone market

    27. Silicone market Trends And Strategies

    28. Silicone market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2016-2021, 2026F, 2031F, $ Billion
  • Table 3: Global Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 4: Global Silicone market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 5: Global Silicone market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 6: Global Silicone market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 7: Global Silicone market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 9: China, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 10: India, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 11: Japan, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 12: Australia, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 13: Indonesia, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 14: South Korea, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 15: Western Europe, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 16: UK, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 17: Germany, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 18: France, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 20: Russia, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 21: North America, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 22: USA, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 23: South America, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 24: Brazil, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 25: Middle East, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 26: Africa, Silicone market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 27: Wacker-Chemie GmbH Financial Performance
  • Table 28: CSL Silicones Financial Performance
  • Table 29: Specialty Silicone Products Incorporated Financial Performance
  • Table 30: Evonik Industries AG Financial Performance
  • Table 31: Kaneka Corporation Financial Performance

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