Silicone Elastomers Market Research Report -Forecast to 2027

Silicone Elastomers Market Global Information: by Type (High Temperature Vulcanized [HTV], Liquid Silicone Rubber [LSR], Room Temperature Vulcanized [RTV]), Application (Automotive, Electrical & Electronics, Healthcare, and Others) and Region Forecast till 2027

ID: MRFR/CnM/1229-HCR | February 2021 | Region: Global | 143 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Silicone elastomers (polysiloxane), also known as vulcanized silicone-based polymers, can be found in various forms such as solids, open cell foams, closed cell sponges, thermally conductive, and electrically conductive. The superior properties of silicone elastomers such as extreme temperature resistance, excellent environmental resistance, and low compression set make them suitable for application in various end-use industries such as transportation, electrical and electronics, and healthcare. By type, the silicone elastomers market has been categorized as high temperature vulcanized, liquid silicone rubber, room temperature vulcanized, and others. The high temperature vulcanized silicone elastomers segment accounted for the largest market share in 2017 on account of the excellent mechanical and chemical properties of the product.


The growth of the global silicone elastomers market is expected to be driven by the rapidly expanding automotive industry across the globe. The product is being increasingly used in automobiles in gaskets, hoses, connector seals, fuel system valves, diaphragms, and others. Increasing automobile production, especially in developing economies such as China, India, and Thailand, is fuelling product demand. Furthermore, an increasing middle-class population coupled with rising disposable income has led to a growing number of car owners in developing markets, which, in turn, is expected to boost product demand during the forecast period.


Product consumption is growing in the electronics industry due to its increasing use in LEDs, gaskets, rollers, and other consumer electronics. The growing electrical and electronics industry, with the surging demand for consumer electronics such as mobiles phones, TVs, home appliances, and wearable electronic devices, is expected to result in lucrative opportunities for players in the silicone elastomers market during the review period.


Silicone elastomers also find application in the healthcare industry in medical tubing, surgical devices, catheters, sterilization mats, and medical equipment keypads due to their high physiological inertness. The growing healthcare industry in both developed and developing nations with an increase in healthcare spending as a result of rising health awareness is likely to fuel product demand.


However, the poor abrasion and oil and petroleum resistance properties of silicone elastomers limit their use which is likely to hamper market growth.


Global Silicone Elastomers Market Share, by Type, 2017 (%)


Silicone Elastomers Market Share


Regional Analysis


Asia-Pacific accounted for the largest share of the silicone elastomers markets in 2017 as a result of the presence of a wide industrial base in developing economies such as India, China, and Thailand. Market growth is heavily influenced by increasing automotive production as a result of the surging demand for automobiles coupled with the rising per capita income of consumers.


North America is a prominent region for the silicone elastomers market owing to the burgeoning electrical and electronics industry with the rising demand for consumer electronic devices such as wireless speakers and wearable devices.


In terms of market share, North America is followed by Europe, on account of the reviving automotive industry with a surge in demand for high energy-efficient and lightweight vehicles. Additionally, the expanding healthcare industry as a result of increased spending on healthcare coupled with the growing geriatric population and high per capita income is propelling market growth.


The Latin American market is expected to grow at a significant rate during the review period with the burgeoning automotive industry in Brazil and Mexico. The market in the Middle East & Africa is likely to grow at a considerable CAGR in the coming years due to the growing industrial base in the region.


Segmentation


The global silicone elastomers market has been segmented by type, application, and region.


On the basis of type, the market has been segmented into high temperature vulcanized (HTV), liquid silicone rubber (LSR), room temperature vulcanized (RTV), and others.


Based on application, the market has been segmented into automotive, electrical and electronics, healthcare, energy, aerospace, and others.


Based on region, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players in the global silicone elastomers market are Momentive (US), Wacker Chemie AG (Germany), DowDuPont (US), Shin-Etsu Chemical Co., Ltd. (Japan), KCC CORPORATION (South Korea), China National Bluestar (Group) Co., Ltd. (China), Reiss Manufacturing, Inc. (US), MESGO S.p.A. (Italy), ALLERGAN (Ireland), Bentec Medical (US), Rogers Corporation (US), and Specialty Silicone Products, Inc. (US).



Frequently Asked Questions (FAQ) :


Poor abrasion and resistance for oil & petroleum can deter the silicone elastomers market growth.

The Asia Pacific silicone elastomers market is the largest one.

Automotive, healthcare, electrical & electronics, aerospace, energy, and others are applications that have been studied for the assessment.

The silicone elastomers market players are Wacker Chemie AG (Germany), Momentive (US), Shin-Etsu Chemical Co., Ltd. (Japan), DowDuPont (US), China National Bluestar (Group) Co., Ltd. (China), KCC CORPORATION (South Korea), MESGO S.p.A. (Italy), Reiss Manufacturing, Inc. (US), Bentec Medical (US), Rogers Corporation (US), ALLERGAN (Ireland), and Specialty Silicone Products, Inc. (US).

The booming automotive industry can trigger better growth in the region.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain of Global Silicone Elastomers Market

5 Industry Overview of Global Silicone Elastomers Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Silicone Elastomers Market, by Type

7.1 Introduction

7.2 High Temperature Vulcanized (HTV)

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Liquid Silicone Rubber (LSR)

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Room Temperature Vulcanized (RTV)

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Silicone Elastomers Market, by Application

8.1 Introduction

8.2 Automotive

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Electrical & Electronics

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Healthcare

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.5 Energy

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Region, 2020–2027

8.6 Aerospace

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Region, 2020–2027

8.7 Others

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Silicone Elastomers Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Application, 2020–2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2020–2027

9.2.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020–2027

9.3.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020–2027

9.4.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.4.5 India

9.4.4.1 Market Estimates & Forecast, 2020–2027

9.4.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.4.6 Japan

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, by Application, 2020–2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.3 Market Estimates & Forecast, by Application, 2020–2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020–2027

9.5.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020–2027

9.5.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

9.5.8 Rest of the Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020–2027

9.5.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.3 Market Estimates & Forecast, by Application, 2020–2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020–2027

9.6.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.4.3 Market Estimates & Forecast, by Application, 2020–2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020–2027

9.6.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020–2027

9.6.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020–2027

9.6.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

10. Company Landscape

11. Company Profiles

11.1 Momentive

11.1.1 Company Overview

11.1.2 Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Wacker Chemie AG

11.2.1 Company Overview

11.2.2 Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 DowDuPont

11.3.1 Company Overview

11.3.2 Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Shin-Etsu Chemical Co., Ltd.

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 KCC CORPORATION

11.5.1 Company Overview

11.5.2 Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 China National Bluestar (Group) Co., Ltd.

11.6.1 Company Overview

11.6.2 Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Reiss Manufacturing, Inc.

11.7.1 Company Overview

11.7.2 Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 MESGO S.p.A.

11.8.1 Company Overview

11.8.2 Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 ALLERGAN

11.9.1 Company Overview

11.9.2 Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Bentec Medical

11.10.1 Company Overview

11.10.2 Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Rogers Corporation

11.11.1 Company Overview

11.11.2 Type/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 Specialty Silicone Products, Inc.

11.12.1 Company Overview

11.12.2 Type/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

12. Conclusion

LIST OF TABLES

Table 1 World Population in Major Regions (2020–2027)

Table 2 Global Silicone Elastomers Market, by Region, 2020–2027

Table 3 North America: Silicone Elastomers Market, by Country, 2020–2027

Table 4 Europe: Silicone Elastomers Market, by Country, 2020–2027

Table 5 Asia-Pacific: Silicone Elastomers Market, by Country, 2020–2027

Table 7 Middle East & Africa: Silicone Elastomers Market, by Country, 2020–2027

Table 6 Latin America: Silicone Elastomers Market, by Country, 2020–2027

Table 8 Global Silicone Elastomers Type Market, by Regions, 2020–2027

Table 9 North America: Silicone Elastomers Type Market, by Country, 2020–2027

Table 10 Europe Silicone: Elastomers Type Market, by Country, 2020–2027

Table11 Asia-Pacific: Silicone Elastomers Type Market, by Country, 2020–2027

Table13 Middle East & Africa: Silicone Elastomers Type Market, by Country, 2020–2027

Table12 Latin America: Silicone Elastomers Type Market, by Country, 2020–2027

Table14 North America: Silicone Elastomers Application Market, by Country, 2020–2027

Table13 Europe: Silicone Elastomers Application Market, by Country, 2020–2027

Table14 Asia-Pacific: Silicone Elastomers Application Market, by Country, 2020–2027

Table16 Middle East & Africa: Silicone Elastomers Application Market, by Country, 2020–2027

Table15 Latin America: Silicone Elastomers Application Market, by Country, 2020–2027

Table23 Global Type Market, by Region, 2020–2027

Table24 Global Application Market, by Region, 2020–2027

Table25 North America: Silicone Elastomers Market, by Country, 2020–2027

Table26 North America: Silicone Elastomers Market, by Type, 2020–2027

Table27 North America: Silicone Elastomers Market, by Application, 2020–2027

Table28 Europe: Silicone Elastomers Market, by Country, 2020–2027

Table29 Europe: Silicone Elastomers Market, by Type, 2020–2027

Table30 Europe: Silicone Elastomers Market, by Application, 2020–2027

Table31 Asia-Pacific: Silicone Elastomers Market, by Country, 2020–2027

Table32 Asia-Pacific: Silicone Elastomers Market, by Type, 2020–2027

Table33 Asia-Pacific: Silicone Elastomers Market, by Application, 2020–2027

Table36 Middle East & Africa: Silicone Elastomers Market, by Country, 2020–2027

Table37 Middle East & Africa: Silicone Elastomers Market, by Type, 2020–2027

Table33 Middle East & Africa: Silicone Elastomers Market, by Application, 2020–2027

Table34 Latin America: Silicone Elastomers Market, by Country, 2020–2027

Table35 Latin America Silicone Elastomers Market, by Type, 2020–2027

Table33 Latin America: Silicone Elastomers Market, by Application, 2020–2027

LIST OF FIGURES

FIGURE 1 Global Silicone Elastomers Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Silicone Elastomers Market

FIGURE 4 Value Chain of Global Silicone Elastomers Market

FIGURE 5 Share of Global Silicone Elastomers Market in 2020, by Country (%)

FIGURE 6 Global Silicone Elastomers Market, 2020–2027,

FIGURE 7 Sub-Segments of Type, 2020

FIGURE 8 Global Silicone Elastomers Market Size, by Type, 2020

FIGURE 9 Share of Global Silicone Elastomers Market, by Type, 2020–2027

FIGURE 10 Sub-Segments of Application

FIGURE 11 Global Silicone Elastomers Market Size, by Application, 2020

FIGURE 12 Share of Global Silicone Elastomers Market, by Application, 2020–2027