Silicone Rubber Market Research Report - Forecast till 2030

Silicone Rubber Market Information by Type (Liquid Silicone Rubber, High Consistency Rubber and Fluorosilicone Rubber), Application (Automotive, Medical, Electronics, Construction, Footwear, Consumer Goods and Sportswear) and Region - Forecast till 2030

ID: MRFR/CnM/5518-HCR | February 2021 | Region: Global | 140 pages

Silicone Rubber Market-Synopsis:


Silicone Rubber Market is estimated to grow at a CAGR 7.5% from 2022 to 2030.

Silicone rubber is an elastomeric material which consists silicone polymer along with the carbon, hydrogen, oxygen, and fillers. It is either a one-part or a two-part rubber in general. The silicone rubber is inert, stable, highly resistant to the extreme work environments. Some of the other substantial properties exhibited by the silicone rubbers includes the high withstand ability for a wider range of temperature (75°F to 500°F) as compared to nearly all other elastomers, high wear and tear strength, great elongation, high flexibility and a durometer range of 5 to 80 Shore A. Additionally, silicone rubbers are highly non-conductive and maintain greater di-electric strength and resists water, oxidation, various acids, solvents, oils and fuels. 


The global factors influencing the overall rubber market are bound to affect the market of silicone rubber equally. The silicone rubber products are widely used in almost all the rapidly growing industries such as automotive, construction and electronics. This is expected to fuel its demand during the forecast period. In past few years the global market for silicone rubber is growing at a robust CAGR on account of its greater adaptability and recyclability favor sustainability principle. Surging construction activities across the world is significantly driving the overall demand for the product during the forecast period. In addition, growing demand for the high water, chemical, oil, and fuel resistant rubber in automotive and electronics applications is likely be the key driver for silicone rubber market during the review period. However, the volatility in the prices of raw materials of silicone rubbers and rapid research in the field of development of ecofriendly and innovative products by leading players may hamper the market growth in coming years.


Key Players:


Some of the key players in the global silicone rubber market are CHT Group (Germany), KCC CORPORATION (South Korea), Elkem Silicones (Norway), MESGO S.p.A. (Italy), Momentive (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. (Japan), Reiss Manufacturing, Inc. (US), SIMTEC Silicone Parts (US), Shenzhen Inno Silica Co., Ltd. (China).


Global Silicone Rubber Market Share, by Application, 2017 (%)


Silicone Rubber Market_Image


Regional Analysis:


Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global silicone rubber market. Asia-Pacific is the largest in 2017 and fastest growing region in this market during the forecast period. This region has undertaken rapid expansion of its physical infrastructure projects and is incentivizing its footwear making industry, which is anticipated to boost demand for the product in this region during the forecast period. Additionally, rapid growth of both construction and automotive industry in this region is expected to drive the market growth for silicone rubber in this region.


North America is closely following Asia-Pacific and held the second largest market share in 2017. Surging reconstruction activities and growing demand for the product in the automotive industry are driving the growth of regional silicone rubber market.


Europe is another substantial regional market, wherein the demand for the product from in automobile industry has witnessed significant growth. The Middle East & African and Latin American markets held little shares in 2017, yet these regions are estimated to grow at a considerable CAGR of owing to high investment potential and raw material availability.


Market Segmentation:


The global silicone rubber market has been segmented on the basis of type, application, and region.


Based on type, the global silicone rubber market has been segregated into liquid silicone rubber, high consistency rubber, and fluorosilicone rubber, and others.


On the basis of application, the market is categorized into automotive, medical, construction, electronics, footwear, consumer goods, sportswear, and others.


The global silicone rubber market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Intended Audience:



  • Silicone Rubber manufacturers

  • Traders and distributors of Silicone Rubber

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   7.5% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   CHT Group (Germany), KCC CORPORATION (South Korea), Elkem Silicones (Norway), MESGO S.p.A. (Italy), Momentive (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. (Japan), Reiss Manufacturing, Inc. (US), SIMTEC Silicone Parts (US), Shenzhen Inno Silica Co., Ltd. (China)
  Key Market Opportunities   he volatility in the prices of raw materials of silicone rubbers and rapid research in the field of development of ecofriendly and innovative products
  Key Market Drivers

  • Surging construction activities across the world is significantly
  • growing demand for the high water, chemical, oil, and fuel resistant rubber in automotive and electronics applications

    		•


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    Frequently Asked Questions (FAQ) :

    Dwindling raw material prices, combined with investment to find eco-friendly alternatives, can prevent the silicone rubber market the expected growth.

    Industries like construction, automotive, and electronics are expected to impact the silicone rubber market growth.

    The Asia Pacific region would have a dominating impact on the silicone rubber market.

    The silicone rubber market would have impacts from companies like KCC CORPORATION (South Korea), CHT Group (Germany), MESGO S.p.A. (Italy), Elkem Silicones (Norway), Wacker Chemie AG (Germany), Momentive (US), Reiss Manufacturing, Inc. (US), Shin-Etsu Chemical Co. (Japan), Shenzhen Inno Silica Co., Ltd. (China), SIMTEC Silicone Parts (US), and others.

    The global market for silicone rubber would witness strategies like acquisition, merger, brand positioning, innovation, product launch, rising R&D investment, collaboration, and others from major companies.

    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 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining Power of Buyers

    4.1.3 Bargaining Power of Suppliers

    4.1.4 Threat of Substitutes

    4.1.5 Segment Rivalry

    4.2 Value Chain/Supply Chain of Global Silicone Rubber Market

    5 Industry Overview of Global Silicone rubber 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 rubber Market, by Type

    7.1 Introduction

    7.2 Liquid Silicone Rubber

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast by Region, 2020–2027

    7.3 High Consistency Rubber

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast by Region, 2020–2027

    7.4 Fluorosilicone Rubber

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 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 rubber 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 Medical

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast by Region, 2020–2027

    8.4 Construction

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast by Region, 2020–2027

    8.5 Electronics

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast by Region, 2020–2027

    8.6 Footwear

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast by Region, 2020–2027

    8.7 Consumer Goods

    8.7.1 Market Estimates & Forecast, 2020–2027

    8.7.2 Market Estimates & Forecast by Region, 2020–2027

    8.8 Sportswear

    8.8.1 Market Estimates & Forecast, 2020–2027

    8.8.2 Market Estimates & Forecast by Region, 2020–2027

    8.9 Others

    8.9.1 Market Estimates & Forecast, 2020–2027

    8.9.2 Market Estimates & Forecast by Region, 2020–2027

    9. Global Silicone rubber 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

    9.3.5.2 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

    9.3.6.2 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

    9.3.7.2 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

    9.4.6.1 Market Estimates & Forecast, 2020–2027

    9.4.6.2 Market Estimates & Forecast by Type, 2020–2027

    9.4.6.3 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

    9.4.9.2 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 CHT Group

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 KCC CORPORATION

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Elkem Silicones

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 MESGO S.p.A

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Momentive

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Wacker Chemie AG

    11.6.1 Company Overview

    11.6.2 Product/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 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Shin-Etsu Chemical Co.

    11.8.1 Company Overview

    11.8.2 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 SIMTEC Silicone Parts

    11.9.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Shenzhen Inno Silica Co., Ltd.

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12. Conclusion

    LIST OF TABLES

    Table 1 Silicone rubber Market, by Region, 2020–2027

    Table 2 North America: Silicone rubber Market, by Country, 2020–2027

    Table 3 Europe: Silicone rubber Market, by Country, 2020–2027

    Table 4 Asia-Pacific: Silicone rubber Market, by Country, 2020–2027

    Table 5 Middle East & Africa: Silicone rubber Market, by Country, 2020–2027

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

    Table 7 Silicone rubber for Type Market, by Region, 2020–2027

    Table 8 North America: Silicone rubber for Type Market, by Country, 2020–2027

    Table 9 Europe: Silicone rubber for Type Market, by Country, 2020–2027

    Table 10 Asia-Pacific: Silicone rubber for Type Market, by Country, 2020–2027

    Table 11 Middle East & Africa: Silicone rubber for Type Market, by Country, 2020–2027

    Table 12 Latin America: Silicone rubber for Type Market, by Country, 2020–2027

    Table 13 Silicone rubber Application Market, by Region, 2020–2027

    Table 14 North America: Silicone rubber Application Market, by Country, 2020–2027

    Table 15 Europe: Silicone rubber Application Market, by Country, 2020–2027

    Table 16 Asia-Pacific: Silicone rubber Application Market, by Country, 2020–2027

    Table 17 Middle East & Africa: Silicone rubber Application Market, by Country, 2020–2027

    Table 18 Latin America: Silicone rubber Application Market, by Country, 2020–2027

    Table 19 Global Type Market, by Region, 2020–2027

    Table 20 Global Application Market, by Region, 2020–2027

    Table 21 North America: Silicone rubber Market, by Country, 2020–2027

    Table 22 North America: Silicone rubber Market, by Type, 2020–2027

    Table 23 North America: Silicone rubber Market, by Application, 2020–2027

    Table 24 Europe: Silicone rubber Market, by Country, 2020–2027

    Table 25 Europe: Silicone rubber Market, by Type, 2020–2027

    Table 26 Europe: Silicone rubber Market, by Application, 2020–2027

    Table 27 Asia-Pacific: Silicone rubber Market, by Country, 2020–2027

    Table 28 Asia-Pacific: Silicone rubber Market, by Type, 2020–2027

    Table 29 Asia-Pacific: Silicone rubber Market, by Application, 2020–2027

    Table 30 Middle East & Africa: Silicone rubber Market, by Country, 2020–2027

    Table 31 Middle East & Africa: Silicone rubber Market, by Type, 2020–2027

    Table 32 Middle East & Africa: Silicone rubber Market, by Application, 2020–2027

    Table 33 Latin America: Silicone rubber Market, by Country, 2020–2027

    Table 34 Latin America: Silicone rubber Market, by Type, 2020–2027

    Table 35 Latin America: Silicone rubber Market, by Application, 2020–2027

    LIST OF FIGURES

    FIGURE 1 Silicone rubber Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Silicone rubber Market

    FIGURE 4 Value Chain of Silicone rubber Market

    FIGURE 5 Share of Silicone rubber Market, by Country, 2020 (%)

    FIGURE 6 Silicone rubber Market, 2020–2027

    FIGURE 7 Sub-Segments of Types

    FIGURE 8 Silicone rubber Market Size, by Type, 2020

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

    FIGURE 10 Sub-Segments of Application

    FIGURE 11 Silicone rubber Market Size, by Application, 2020

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