Silicone Elastomers Market
is anticipated to grow at a high rate during the forecast period. Silicone elastomer is a synthetic rubber, inorganic in nature, made via cross-linking of silicone-based polymers in presence of certain catalysts. Silicone elastomer is referred as a silicone-based polymer, also known as silicone rubber.
Silicone Elastomers are available in the market in various forms such as solids, closed cell sponges, open cell foams, electrically conductive, and thermally conductive materials. They are considered a as bridge between inorganic & organic polymers due to its unique combination of mechanical and chemical properties. They are used in wide range of applications including construction, automotive, food storage, electronics, medical devices, consumer goods and others.
Automotive vehicles segment is the key application that drives high demand and growth for the Silicone Elastomers Market, followed by health-care industry. Growing demand from end-users such as construction, automotive, medical, electronics, the consumption of silicone elastomers is increasing as they provide excellent properties like heat stable, flexible at low temperatures and high dielectric strength. This factor is also considered as a key growth driver for this market.
Asia-Pacific accounts the largest share of the Silicone Elastomers Market and is expected to dominate the market till the end of forecast period. The key factor for the robust growth in Asia-Pacific is due to high production and consumption in India and China and rapid industrialization in other countries. North America is leading to the next position due to significant growth in the automotive industry, followed by Europe. Rest of the World is also projected to witness significant growth during the forecast period.
Browse Related Reports:
- Cast Polymers Market: By Material (Alumina Trihydrate, Calcium Carbonate, Resins, Others); By Type (Engineered Composites, Solid Surface Materials, Engineered Stone); By Application (Residential, Non Residential, Repairs & Re-modelling); By Geography - (2015-2021)
is a research and consulting firm that publishes more than 500 reports
annually in various industries, such as Agriculture, Automotive,
Automation & Instrumentation, Chemicals and Materials, Energy and
Power, Electronics, Food & Beverages, Information Technology, Life
sciences & Healthcare.
primarily focuses on Cutting Edge Technologies and Newer Applications
of the Market. Our Custom Research Services are designed to provide
insights on the constant flux in the global demand-supply gap of
markets. Our strong analyst team enables us to meet the client research
needs at a very quick speed with a variety of options for your business.
look forward to support the client to be able to better address
customer needs; stay ahead in the market; become the top competitor and
get real-time recommendations on business strategies and deals. Contact
us to find out how we can help you today.
Mr. Venkateshwar Reddy
Business Development Manager
Contact Sales: 1-614-588-8538 (Ext-101)