The 2023-2028 World Outlook for Silicone Gels

The 2023-2028 World Outlook for Silicone Gels

This study covers the world outlook for silicone gels across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of silicone gels as including all commonly understood products and/or services falling within this broad category, such as interactive electronic toys and games for specific developmental stages that use computer technology to promote learning and cognitive skills in children, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include ACC Silicones, Anand Biotech, Apple Rubber Products, Applied Silicone, Armacell, B.P. Chemicals, BASF, Benien-Aerospace, Bluestar Silicones International, BP Chemicals, ChemChina, CHT Germany, Clariant, Dow, Elkem Silicones, Gelest, Henkel Adhesives Technologies, Inoac, KCC Corporation, LABORATOIRES ARION, LANXESS, McCoy Group of Companies, Momentive, North Coast Medical, Novagard Solutions, Novaguard Solutions, Nusil, Palziv Group, PAR Group, Rhira Industries, SABIC, Sealed Air Corporation, Shin-Etsu Chemical Company, Silicone Solutions, Siltech, The DOW Chemical Company, Trecolan, Wacker Chemie, Wisconsin Foam Products, and Zotefoams. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).