Global Silicones Market Growth 2023-2029

Global Silicones Market Growth 2023-2029

Silicones are synthetic polymers made up of repeated units of siloxane, which is a chain of altering oxygen and silicon atoms. They are typically rubber-like polymers with heat resistance and are commonly used in adhesives, sealants, lubricants, personal care, and thermal and electrical insulation.

LPI (LP Information)' newest research report, the “Silicones Industry Forecast” looks at past sales and reviews total world Silicones sales in 2022, providing a comprehensive analysis by region and market sector of projected Silicones sales for 2023 through 2029. With Silicones sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicones industry.

This Insight Report provides a comprehensive analysis of the global Silicones landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silicones portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Silicones market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicones and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silicones.

The global Silicones market size is projected to grow from US$ 16500 million in 2022 to US$ 54700 million in 2029; it is expected to grow at a CAGR of 54700 from 2023 to 2029.

The growth in infrastructure development and the rising urbanization in developing countries including China and India will drive the demand for silicones in the region during the next few years.

This report presents a comprehensive overview, market shares, and growth opportunities of Silicones market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Silicone Elastomer
Silicone Resin
Silicone Fluid
Silane Coupling Agent
Others

Segmentation by application
Construction
Electronic Appliances
Textile Industry
Processing and Manufacturing
Transportation
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dow
Wacker
Elkem Silicones
Shin Etsu
Momentive
KCC
Dongyue Group
Wynca Group
Sucon
Hoshine
Evonik
Jinling
Sanyou
Zhongtian
Xingfa
Luxi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Silicones market?

What factors are driving Silicones market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Silicones market opportunities vary by end market size?

How does Silicones break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.