Global Silicone Market

The automotive airbag silicone market consists of sales of automotive airbag silicone and related services by entities (organizations, sole traders and partnerships that manufacture automotive airbag silicone. Automotive airbags contain silicone which offers various properties such as thermal resistance, slip, and protection. If there is a car crash then airbags create heat and passengers in the car risk getting burnt, therefore applying a thin layer of silicone to the airbag will help protect the fabric from heat and prevent burn to passengers. Only goods and services traded between entities or sold to end consumers are included. The automotive airbag silicone market covered in the report is segmented by airbag type into cut-and-sewn seam-sealed (CSSS), one-piece-woven (OPW); by airbag position into the front, knee, curtain/side, and others; by vehicle type into passenger cars, LCV, HCV. The automotive airbag silicone market research report is one of a series of new reports from The Business Research Company that provides automotive airbag silicone market statistics, including automotive airbag silicone industry global market size, regional shares, competitors with a automotive airbag silicone market share, detailed automotive airbag silicone market segments, market trends and opportunities, and any further data you may need to thrive in the automotive airbag silicone industry. This automotive airbag silicone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive airbag silicone market is expected to grow from $191.20 million in 2020 to $235.89 million in 2021 at a compound annual growth rate (CAGR) of 23.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The automotive airbag silicone market is expected to reach $517.09 million in 2025 at a CAGR of 21.7%. Airbags are made mandatory in front seats for vehicles and this factor is expected to drive the automotive airbag silicone market during the forecast period. Airbags are complex devices that work with a vehicle’s metal body and seatbelts to protect occupants and therefore it is made mandatory for vehicles to have airbags at least in front seats as occupants and driver seating in the first seats are at high risk of injury when there is any collision or accident. For instance, in India, vehicles manufactured on and after the 1st Day of April 2021, in the case of new models, and the 1st day of June 2021, in the case of existing models, shall be fitted with airbags for the person occupying the front seat, other than the driver. Thus, making airbags compulsory for front seats in vehicles is driving the market. The increasing development of active safety systems is expected to limit the growth of the automotive airbag silicone market. The active safety system in a car works to prevent an accident. These systems are always active while the car is in driving mode and works continuously to keep the occupants safe from getting into an accident. The active safety systems include automatic emergency braking (AEB), forward collision warning (FCW), active cruise control (ACC), lane departure warning (LDW), lane-keeping assist (LKA), blind-spot monitoring, and rear cross-traffic alert (RCTA). According to Consumer Reports, in 2019, the survey covered around 72,000 vehicles, 81% of the car owners are satisfied with automatic emergency braking, 54% of the car owners said the active safety system helped them avoid a crash. The increasing development of active safety systems has a negative impact on the automotive airbag silicone market. Innovative airbag design with silicone rubber fabric coatings and seam sealants is an emerging trend in the automotive airbag silicone market. Silicone rubber fabric coatings and seam sealants help airbag design integrity to enhance occupant impact protection and safety. For instance, Dow’s SILASTIC™ silicone engineered elastomers are proven, effective solutions for advanced airbag design. This innovative product meets industry and regulatory requirements for use on cut-and-sewn, seam-sealed (CSSS) airbags and one-piece-woven (OPW) airbags. It can be included in side curtain airbags, front-centre airbags, knee-bolster airbags, frontal airbags (driver and passenger) and side airbags. Major players in the automotive airbag silicone market are Dow, Elkem Silicones, Shin-Etsu Chemical, Wacker Chemie AG, TORAY Industries, Toyobo, Zodiac, and Porcher Industries. The Asia Pacific was the largest region in the automotive airbag silicone market in 2020. The regions covered in the automotive airbag silicone market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive airbag silicone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global automotive airbags silicone market is segmented - 1) By Airbag Type: Cut-and-Sewn Seam-Sealed (CSSS), One-Piece-Woven (OPW) 2) By Airbag Position: Front, Knee, Curtain/Side, Others 3) By Vehicle Type: Passenger Cars, LCV, HCV

The ethyl alcohol and other basic organic chemicals market consists of the sales of ethyl alcohol and other basic organic chemicals by entities (organizations, sole traders, or partnerships) that distil wood or gum into products, such as tall oil and wood distillates, distil coal tars, produce wood or gum chemicals, such as naval stores, natural tanning materials, charcoal briquettes, and charcoal (except activated), produce cyclic crudes or cyclic intermediates (i.e., hydrocarbons, except aromatic petrochemicals) from refined petroleum or natural gas, and/or produce basic organic chemical products (except aromatic petrochemicals), aromatic petrochemicals, industrial gases, synthetic organic dyes and pigments, and ethyl alcohol). The main types of ethyl alcohol and other basic organic chemicals are synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals. Ethyl alcohol is a colorless, volatile, flammable liquid C2H5OH that is the intoxicating agent in liquors and is used as a solvent and in fuel. The grades are food grade, industrial grade, and cosmetics grade. The end-user industries are the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, and other end-user industries. The ethyl alcohol and other basic organic chemicals market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol and other basic organic chemicals market statistics, including ethyl alcohol and other basic organic chemicals industry global market size, regional shares, competitors with an ethyl alcohol and other basic organic chemicals market share, detailed ethyl alcohol and other basic organic chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol and other basic organic chemicals industry. This ethyl alcohol and other basic organic chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ethyl alcohol and other basic organic chemical market grew from $1087.27 billion in 2021 to $1181.99 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The ethyl alcohol and other basic organic chemicals market is expected to grow to $1523.19 billion in 2026 at a CAGR of 6.5%. Ethyl alcohol or ethanol is being used as a combination with motor fuel in some countries. Ethyl alcohol used for fuel is being blended into gasoline at concentrations of 5% to 10%. Mostly, sugar cane and corn are used to produce ethanol. For example, ethanol has replaced methyl tertiary butyl ether as a gasoline component, and 50% of cars in Brazil are using 100% ethanol as fuel. Ethanol-only engines and flex-fuel engines are also adding to the growth of this market. Furthermore, many state and local governments in emerging markets such as China and India are passing laws for the mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, China announced a nationwide ethanol mandate, which expanded the mandatory use of E10 fuel (gasoline containing 10% ethanol) from 11 trial provinces to the entire country by 2020, thus driving the growth of the ethyl alcohol market. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period. This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, US interest rates are expected to rise by up to 3.5% by 2021. These factors are expected to have a negative impact on the ethyl as borrowing money will become expensive, thereby affecting market growth. Chemical companies are increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help to improve operational efficiency in manufacturing facilities. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations. Major companies in the ethyl alcohol and other basic organic chemical market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, and Atul Limited. Asia Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2021. North America was the second-largest region in the ethyl alcohol and other basic organic chemical market. The regions covered in the ethyl alcohol and other basic organic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethyl alcohol and other basic organic chemical market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global ethyl alcohol and other basic organic chemical market is segmented - 1) By Type: Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals 2) By Grade: Food Grade, Industrial Grade, Cosmetics Grade 3) By End Userr Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries

The intraocular lens market consists of sales of intraocular lenses (ILOs) by entities (organizations, sole traders, and partnerships) that refer to the medical devices that are implanted inside the eye to replace the eye's natural lens when it is being removed during cataract surgery. An intraocular lens is an artificial replacement for the lens of the eye. The two types of lenses are anterior chamber lenses and posterior chamber lenses. ILOs are used for a type of vision correction surgery called refractive lens exchange. The main types of intraocular lenses are monofical intraocular lenses, multifocal intraocular lenses, toric intraocular lenses, and accommodating intraocular lenses. Monofocal lenses are the most common type of IOL used in cataract surgery because of the consistent visual outcomes they produce and their relative affordability compared to premium alternatives. By material, the market is segmented into polymethylmethacrylate, silicone, and hydrophobic acrylic. Major end users of intraocular lenses include hospitals, ophthalmic clinics, ambulatory surgery centers, and eye research institutes. The intraocular lens research report is one of a series of new reports from The Business Research Company that provides intraocular lens statistics, including intraocular lens industry global market size, regional shares, competitors with intraocular lens share, detailed intraocular lens segments, market trends and opportunities, and any further data you may need to thrive in the intraocular lens industry. This intraocular lens research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global intraocular lens market is expected to grow from $4.14 billion in 2021 to $4.39 billion in 2022 at a compound annual growth rate (CAGR) of 6.06%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The intraocular lens market is expected to reach $5.47 billion in 2026 at a CAGR of 5.64%. The rising prevalence of eye diseases is contributing to the growth of the intraocular lens market. Eye diseases such as macular degeneration, glaucoma, and cataracts lead to vision problems. An intraocular lens is an artificial lens related to the eye. It replaces the eye's natural lens that has been removed during cataract surgery. According to a 2020 survey, about 27.5 crore (275 million) Indians damaged their eyes due to excessive screen time in the COVID-19 lockdown. By 2030, dry eye disease in India will affect nearly 40% of the urban population. Due to hectic lifestyles, cases of vision loss have been increasing globally. The rising prevalence of eye diseases will drive the intraocular lens market. Technological advancements in intraocular lenses are a key trend gaining popularity in the intraocular lens market. For example, in January 2022, Alcon, a global leader in eye care, announced the commercial launch of the first presbyopia-correcting intraocular lens with wavefront-shaping technology, AcrySof® IQ Vivity® IOL (Vivity®). This new lens is being made available to Indian ophthalmologists for patients undergoing cataract surgery. In March 2019, Alcon, a Switzerland-based medical company specialising in eye care products, acquired Power Vision for a deal amount of $285 million. This acquisition will drive growth and innovation in advanced technology intraocular lenses to meet the needs of cataract surgery patients who desire spectacle independence. Power Vision is a US-based manufacturer of optical devices. Major players in the intraocular lens market are Bausch + Lomb, Alcon, Johnson & Johnson, Carl Zeiss Meditec, Hoya Corporation, Staar Surgical Company, Rayner Intraocular Lenses, Physiol, Ophtec, Oculentis, EyeKon Medical Inc., Lenstec INC, SAV IOL, Hanita Lenses, SIFI S.p.A, Biotech, Abbott Medical Optics Inc, Valeant, Aurolab, and Nidek CO. Ltd . North America was the largest region in the intraocular lens market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intraocular lens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Intraocular Lens market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global intraocular lens market is segmented - 1) By Type: Monofocal Intraocular Lens, Multifocal Intraocular Lens, Toric intraocular lens, Accommodating Intraocular Lens 2) By Material: Polymethylmethacrylate (PMMA), Silicone, Hydrophobic Acrylic 3) By End User: Hospitals, Ambulatory Surgery Centres, Ophthalmology Clinics, Eye Research Institutes

The polymer biomaterial market consists of sales of polymer biomaterial and related services by entities (organizations, sole traders, and partnerships) that produce polymer biomaterial used for enhancing the functionality of tissues and organs that are damaged in various disease therapies. Polymer biomaterials are inert pharmacological substances made up of natural and synthetic origin. The main types in the polymer biomaterial are silicone rubber, polyester, polymethyl methacrylate (PMMA), polyethylene (PE), polyvinyl chloride, and others. The silicon rubber in polymer biomaterials refers to the rubber matrix that is lightly cross-linked with a polyacrylamide hydrogel and is used for biological and medical purposes. The various nature includes natural and synthetic. The polymer biomaterials are used in cardiovascular, ophthalmology, dental, plastic surgery, wound healing, tissue engineering, orthopedics, neurological disorders / central nervous systems, and others. The polymer biomaterial market research report is one of a series of new reports from The Business Research Company that provides polymer biomaterial market statistics, including polymer biomaterial industry global market size, regional shares, competitors with a polymer biomaterial market share, detailed polymer biomaterial market segments, market trends and opportunities, and any further data you may need to thrive in the polymer biomaterial industry. This polymer biomaterial market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global polymer biomaterial market is expected to grow from $47.27 billion in 2021 to $55.96 billion in 2022 at a compound annual growth rate (CAGR) of 18.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The polymer biomaterial market is expected to grow to $109.73 billion in 2026 at a CAGR of 18.3%. Increasing applications of polymeric biomaterials in tissue engineering are driving the global polymer biomaterials market. Polymers are extensively used in regenerative medicine and tissue engineering due to their flexibility and versatile properties such as tailoring the damaged tissue's physical, chemical, and mechanical properties by modification of functional groups during synthesis, according to the regeneration capability of tissues of the organs. Besides being biodegradable, they offer different geometry and structures, thus meeting the needs of specific tissue engineering applications. These growing applications of polymer biomaterial in tissue engineering are expected to drive the market in the forecast period. Stringent regulatory systems concerning the biocompatibility of polymer biomaterials are expected to limit the global polymer biomaterials market. Although biomaterials undergo rigorous premarket evaluations, considerable adverse events and complications are reported regarding the biocompatibility of polymer biomaterials. Biomaterial implantation may result in immunological and inflammatory reactions due to the induction of cellular and molecular events in the host, which may lead to excessive inflammation, impairment of healing, fibrotic encapsulation, tissue destruction, or even isolation and rejection of the implant. To overcome such adverse immune reactions, stringent regulations are imposed by the regulatory authorities, restricting the market growth. Companies in the polymer biomaterial market are increasingly investing in bioresorbable copolymers for medical devices for better performance and long-term stability. Companies such as Evonik have invested in bioresorbable polymers for use in implantable medical devices. The company's copolymer possesses hydrophobic properties of polylactide and hydrophilic properties of polyethylene glycol enabling the degradation rates up to six times faster with added mechanical strength. This innovation enhances biocompatibility, safety, and performance of implantable products, and is applied in the areas of pediatrics and wound closure to accelerate and ease the healing process and provide long-term stability. In January 2020, Mitsubishi Chemical Corporation completed the acquisition of AdvanSource Biomaterials Corporation for $7.25 million. This acquisition is expected to strengthen Mitsubishi’s position within the medical sector and drive its revenues. AdvanSource Biomaterials is a US-based company that manufactures polymer materials that provide critical characteristics in the design and development of medical devices. These polymer biomaterials are used in devices that are designed for treating a broad range of anatomical sites and disease states. Major players in the polymer biomaterials market are BASF, Corbion, Zimmer Biomet, Royal DSM, Koninklijke DSM, Covestro, Evonik Industries, Starch Medical, Victrex, and W. L. Gore and Associate. The regions covered in polymer biomaterial market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the polymer biomaterials market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and USA. The global polymer biomaterial market is segmented - 1) By Type: Nylon, Silicone Rubber, Polyester, Polymethyl Methacrylate (PMMA), Polyethylene (PE), Polyvinyl Chloride, Other Types 2) By Application: Cardiovascular, Ophthalmology, Dental, Plastic Surgery, Wound Healing, Tissue Engineering, Orthopedics, Neurological Disorders / Central Nervous System, Other Applications 3) By Nature: Natural, Synthetic

The silicon carbide market consists of sales of silicon carbide products by entities (organizations, sole traders, and partnerships) that are hard and insoluble substances used as an abrasive and electrical resistor in high-temperature devices. Silicon carbide is a crystalline chemical compound of silicon and carbon produced synthetically in the form of SiC powder. It is suitable for high power applications as it offers extreme chemical inertness, hardness, relatively low thermal expansion, high thermal conductivity, resistance to corrosion, and high force-to-weight radius. The main types of silicon carbide are black silicon carbide and green silicon carbide. Black silicon carbides are black, crisper, hard, and not as pure as Green SiC containing more than 95% SiC. It is more economic as well as easy to availability. The different types of devices include SiC discrete devices, and SiC bare die and are used in various applications such as steel, automotive, aerospace, military and defense, electrical and electronics, healthcare, and others. The silicon carbide market research report is one of a series of new reports from The Business Research Company that provides silicon carbide market statistics, including silicon carbide industry global market size, regional shares, competitors with a silicon carbide market share, detailed silicon carbide market segments, market trends and opportunities, and any further data you may need to thrive in the silicon carbide industry. This silicon carbide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global silicon carbide market is expected to grow from $1.62 billion in 2021 to $1.93 billion in 2022 at a compound annual growth rate (CAGR) of 19.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The silicon carbide market is expected to reach $3.45 billion in 2026 at a CAGR of 15.6%. Emerging demand for electric vehicles is significantly driving the growth of the silicon carbide market. Electric vehicles (EVs) use rechargeable batteries that produce very little noise and no exhaust, making them environmentally friendly. SiC is a semiconductor material used in electric vehicles because it has a higher thermal conductivity, can handle high voltages up to 1200V, and increases efficiency while lowering the vehicle's weight and cost. For instance, according to International Energy Agency (IEA), the global number of electric cars on the road in 2020 was more than 10 million, up 43% from 2019. Therefore, the emerging demand for electric vehicles is projected to propel the growth of the silicon carbide market going forward. Strategic partnership and collaboration are shaping the silicon carbide market. Key players operating in the silicon carbide market are focusing on partnerships and collaborations to improve efficiency, and cost savings, expand value propositions, and extend their growth in new areas to be a leader in the industry. For instance, in June 2020, Vitesco Technologies, a Germany-based company offering electric vehicles signed a development partnership with ROHM Semiconductor, a Japan-based company that manufactures and designs semiconductors, integrated circuits (ICs), and other electronic components. Through this partnership, Vitesco Technologies increase the energy efficiency of electric vehicles using silicon carbide components from ROHM Semiconductor. Additionally, in November 2021, Qorvo, a US-based semiconductor company acquired UnitedSiC, a US-based manufacturer of silicon carbide power semiconductors. The deal broadens Qorvo's presence into fast-growing areas such as circuit protection, electric vehicles (EVs), renewables, industrial power, and data center power. In August 2021, ON Semiconductor, a US-based semiconductor manufacturing company acquired GT Advanced Technologies Inc., for $415 million. The acquisition is intended to strengthen on semi's presence in the sustainable ecosystem, including power switching devices for boosting system performance in electric vehicles (EVs), EV charging, and energy infrastructure, as well as fulfill significantly increasing consumer demand for SiC-based solutions. GT Advanced Technologies Inc is a US-based company engaged in manufacturing silicon carbide and sapphire crystal materials. Major players in the silicon carbide market are Infineon Technologies, Wolfspeed Inc, Rohm, ESK-SiC GmbH, ESD-SIC BV, Grindwell Norton Ltd., Entegris Inc., Saint Gobain Ceramic Materials GmbH, AGSCO Corporation, Carborundum Universal Limited, The Dow Chemical Company, Fuji Electric Co. Ltd., General Electric Company, Microchip Technology Incorporated, Snam Abrasives Pvt. Ltd., and STMicroelectronics. Asia Pacific was the largest region in the silicon carbide market in 2021. The regions covered in the silicon carbide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the silicon carbide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global silicon carbide market is segmented - 1) By Product: Black Silicon Carbide, Green Silicon Carbide 2) By Device Type: SiC Discrete Device, SiC Bare Die 3) By Application: Steel, Automotive, Aerospace, Military And Defense, Electrical And Electronics, Healthcare, Others

The silicon photonics market consists of sales of silicon photonics products and related services by entities (organizations, sole traders, and partnerships) that refer to a new technology in which data is transferred among computer chips by optical rays. Optical rays can carry huge amounts of data in less time than electrical conductors. Semiconductor-grade silicon is used in silicon photonics for the integration of active and passive integrated photonic circuits with electronic components. Silicon photonics is the new study and application of photonic systems for generating, processing, manipulating, and also using for faster data transfer both between and within microchips. The main product types of silicon photonics are transceivers, variable optical attenuators, switches, cables, and sensors. The transceivers in silicon photonics are used to gain high-bandwidth, software-configurable access to computing and storage. When compared to traditional electronics, this eliminates networking bottlenecks that result in stranded computation capacity and allows for considerably faster data transport over larger distances. The components of silicon photonics include a laser, modulator, photodetector, filter, and wave guide. Various applications of silicon photonics include data centres and high-performance computing; telecommunication; military, defence and aerospace; medical and life science; and others. The Silicon Photonics market research report is one of a series of new reports from The Business Research Company that provides Silicon Photonics market statistics, including Silicon Photonics industry global market size, regional shares, competitors with a Silicon Photonics market share, detailed Silicon Photonics market segments, market trends and opportunities, and any further data you may need to thrive in the Silicon Photonics industry. This Silicon Photonics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global silicon photonics market is expected to grow from $1.20 billion in 2021 to $1.49 billion in 2022 at a compound annual growth rate (CAGR) of 24.13%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The global silicon photonics market is expected to reach $3.44 billion in 2026 at a CAGR of 23.23%. Growing demand for high-speed broadband services is expected to propel the growth of the silicon photonics market. High-speed broadband services are widely used in mobiles and laptops, smart home applications, online education, virtual private LAN services, interactive gaming, and others. Silicon photonics technology uses a sub-micrometer SOI (silicon on insulator) platform, which is widespread in the field of fibre optic interconnects, which helps for better data transmission both between and within microchips. According to the Organisation for Economic Co-operation and Development, Austria, Belgium, Chile, Ireland, Israel, and the United Kingdom all increased their fibre connections by more than 50% in 2020. Additionally, during the COVID-19 pandemic in 2020, in 38 OECD (Organisation for Economic Co-operation and Development) countries, the number of new broadband connections stood at a massive 21.15 million. Therefore, the growing demand for high-speed broadband services is driving the growth of the silicon photonics market. Technological advancements are a key trend gaining popularity in the silicon photonics market, with companies launching new products with advanced technologies such as high power and optical filtering tolerance. For instance, in September 2021, NeoPhotonics Corp, a US-based designer and manufacturer of silicon photonics, launched a CFP2-DCO module with 0dBm output power for ROADM-based metro, regional, and long-haul networks. This product has a transmission speed of 400 Gbps over a range of 1,500 km. This system contains an ultra-pure Nano tunable laser, as well as a Class 40 coherent receiver and coherent driver modulator that can transmit data at up to 67 Gbaud. This allows for longer-distance transmission while also improving the receiver optical signal-to-noise ratio (rOSNR). In November 2021, Lumentum, a US-based manufacturer of innovative optical and photonic products, acquired NeoPhotonics for a deal amount of $918 million. Through this acquisition, Lumentum is expected to expand its opportunity in the optical components market, particularly for cloud and telecom network infrastructure. NeoPhotonics is a US-based designer and manufacturer of silicon photonics and hybrid photonic integrated circuit (PIC)-based lasers, subsystems, and modules for high-speed communications. Major players in the silicon photonics market are Acacia Communications, Broadcom Ltd., Cisco Systems, MACOM Technology, Finisar Corporation, Globalfoundries Inc., IBM Corporation, Ii-Vi Incorporated, Inphi, Intel Corporation, Juniper Networks, Mellanox Technologies, NeoPhotonics, Ranovus, Rockley Photonics Ltd., Sicoya, Luxtera, and Reflex Photonics Inc. Asia-Pacific was the largest region in the silicon photonics market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the silicon photonics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Silicon Photonics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global silicon photonics market is segmented - 1) By Product: Transceivers, Variable Optical Attenuators, Switches, Cables, Sensors 2) By Component: Laser, Modulator, Photodetector, Filter, Wave Guide 3) By Application: Data Centers And High-Performance Computing, Telecommunication, Military, Defense And Aerospace, Medical And Life Science, Others

The adhesive tapes market consists of sales of adhesive tapes by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing and selling the adhesive tapes. Adhesive tapes are a combination of a material and an adhesive layer that can be used to join two objects or materials together. It consists of a pressure-sensitive adhesive, which is coated onto a backing material like paper, plastic film, cloth, or metal foil and has removable release liners protecting the adhesive before usage. The main types of resins used for manufacturing adhesive tapes are acrylic, rubber, silicone, others. The various types of material used include polypropylene (PP), paper, polyvinyl chloride (PVC), others. The technologies for production consists of solvent-based, hot-melt based, water-based. Adhesive tapes are used in various sectors including packaging, consumer and office, healthcare, automotive, electrical and electronics, building and construction, others. The adhesive tapes market research report is one of a series of new reports from The Business Research Company that provides adhesive tapes market statistics, including adhesive tapes industry global market size, regional shares, competitors with a adhesive tapes market share, detailed adhesive tapes market segments, market trends and opportunities, and any further data you may need to thrive in the adhesive tapes industry. This adhesive tapes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global adhesive tapes market is expected to grow from $57.04 billion in 2020 to $61.01 billion in 2021 at a compound annual growth rate (CAGR) of 6.96%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The adhesive tapes market is expected to reach $79.83 billion in 2025 at a CAGR of 7.0%. The growth of the automotive industry and the rapid rise in demand for adhesive tapes from the automotive sector worldwide are expected to propel the adhesive tapes market during the forecast period. Adhesive tapes are lightweight, compact, and smooth, making them ideal for use in car interiors for bonding of electronic products, parking sensor retainers, door cladding, spoiler and seals among others. The global passenger car market is expected to increase from $1321.7 billion in 2020 to $1988.7 billion by 2025. Due to an increased affinity for lightweight, metal fasteners are increasingly being replaced in cars with adhesive tapes, thus, the increased production of automobiles will lead to a rise in the demand for adhesive tapes and boost their sales. Adhesive products are potentially hazardous during the manufacturing stages, which negatively impacted the growth of the adhesive tapes market in the historic period. This is mainly because the manufacturing processes involves high temperatures and high-pressure reactions which can be dangerous unless controlled carefully. Due to this, regulations in the adhesives industry – in assessing and managing the risks involved in the manufacturing, transporting and disposing of chemicals – increased in the historic period. Adhesives have to be compliant with complex regulations that govern labeling, handling, manufacturing, and shipping and storage of the product. Additional compliance costs due to changing regulations, as different countries and geographies have different regulations, was a major restraint for adhesive tape companies. The launch of eco-friendly tapes is a key trend in the adhesive tapes market. Several countries around the world have banned the use of toxic materials used in the manufacture of adhesive goods. Increased demand for recyclable tapes has been driven by federal policies as well as a change in end-user emphasis toward environmentally sustainable goods. Many companies are shifting from plastic to bio-degradable materials like paper and cellulose for manufacturing tapes. In January 2020, Monta, a German-based manufacturer of self-adhesive tapes for packaging and consumer use, has introduced Monta Biopack, a modern self-adhesive tape. Monta Biopack is made up of about 90% renewable materials. This environmentally friendly adhesive tape biodegrades in a matter of months, closing the natural recycle circle. In another instance, in January 2021, Italy based IRPLAST launched its ECO+ tape which is made of 34% post-industrial recycled IRPLAST BOPP film. The cores are made from recycled cardboard and the tape reduces emissions with no loss in adhesion quality. In March 2021, ATP Adhesive Systems Group, a Switzerland-based company engaged in developing and manufacturing client-specific adhesive products announced the acquisition of BDK Industrial Products Ltd. for an undisclosed amount. The acquisition is expected to improve the market position of both the companies and helps them to provide a broader variety of customized products such as Medical adhesive tapes and customized adhesive tapes to their clients. BDK Industrial Products Ltd. is a UK-based specialized adhesive tape converter that has developed itself as a solution provider for healthcare and other industry customers. Major players in the adhesive tapes market are 3M, Nitto Denko Corporation, Tesa SE, Lintec Corporation, Avery Dennison Corporation, Intertape Polymer Group Inc, Henkel AG, Lohmann GmbH & Co., Scapa Group PLC, DuPont de Nemours Inc., H.B. Fuller Company, Shurtape Technologies LLC, Nichiban Co. Ltd., Advance Tapes International LTD, Ajit Industries Pvt. Ltd, Sekisui Chemical Co. Ltd, American Biltrite, Canadian Technical Tape Ltd, Berry Global Inc, Dewal Industries Inc, Industrias Tuk, Saint Gobain, CMS Group of Companies, and RPM International. Asia Pacific was the largest region in the adhesive tapes market in 2020. The region is predicted to record fastest growth over the forecast period. The regions covered in the adhesive tapes report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the adhesive tapes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global adhesive tapes market is segmented - 1) By Resin Type: Acrylic, Rubber, Silicone, Others 2) By Material Type: Polypropylene (PP), Paper, Polyvinyl Chloride (PVC), Others 3) By Technology Type: Solvent-Based, Hot-Melt Based, Water-Based 4) By End Use: Packaging, Consumer and Office, Healthcare, Automotive, Electrical and Electronics, Building and Construction, Others