Global Silicone Gel Market 2022-2026

Global Silicone Gel Market 2022-2026

Technavio has been monitoring the silicone gel market and it is poised to grow by $ 461.88 mn during 2022-2026, accelerating at a CAGR of 5.1% during the forecast period. Our report on the silicone gel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing demand from the personal care industry, superior properties of silicone gel, and increasing demand from developing countries.

The silicone gel market analysis includes the end-user segment and geographic landscape.

Technavio's silicone gel market is segmented as below:

By End-user

• Electrical and electronics
• Medical and pharmaceuticals
• Cosmetics and personal care
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the increasing adoption in the electrical and electronics industry as one of the prime reasons driving the silicone gel market growth during the next few years. Also, an increase in preference for bio-based products and growing solar energy and led lighting sector will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the silicone gel market covers the following areas:

• Silicone gel market sizing
• Silicone gel market forecast
• Silicone gel market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silicone gel market vendors that include CRI SIL Silicone Technologies LLC, DuPont de Nemours Inc., Elkem ASA, Evonik Industries AG, Fuji Silysia Chemical Ltd., Henkel AG and Co. KGaA, KCC Co. Ltd., Merck KGaA, Momentive Performance Materials Inc., Nissan Chemical Corp., North Coast Medical Inc., Novagard Solutions Inc., Shin Etsu Chemical Co. Ltd., Siltech Corp., Solvay SA, Specialty Silicone Products Inc., The Dow Chemical Co., Thermo Fisher Scientific Inc., Wacker Chemie AG, and Mitsubishi Chemical Holdings Corp. Also, the silicone gel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.