Global Silicone Elastomers

Global Silicone Elastomers

Global demand for silicone elastomers is expected to rise 3.3% per year to nearly 1.4 million metric tons in 2028, with value demand reaching $14.1 billion in that year. After a period of decelerating or declining demand, this increase in demand is generally supported by accelerating construction and manufacturing activity, improved motor vehicle production, and normalizing prices after a period of restraint due to pandemic-related issues.

This report presents silicone elastomer demand on the global, regional, and country level, as well as providing demand by type, market, and function. Information on key suppliers is also included.

The products included in this report are:

• high temperature, including traditional high consistency heat curable or high temperature vulcanizing (HCR/HTV) elastomers
• room temperature vulcanizing elastomers (RTV)
• liquid silicone rubber (LSR)

Functions include:

• elastomeric components
• adhesives, sealants, and caulks
• other functions, such as moldmaking and medical implants

Markets include:

• construction
• electrical products
• transportation equipment
• electronic products
• medical and healthcare
• chemicals and plastics
• personal care products
• other (textile production, and consumer products such as household cleaners, toys, and housewares)

This report analyzes the scope, size, and growth of the global silicone elastomers market, including key trends in product and market segmentation. Historical data are provided for 2013, 2018, and 2023 with forecast for 2028 and 2033. Data are provided in US dollars and metric tons. Also included is an analysis of the key industry players.

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