Report overview
The global Silicone Gel market was valued at 147.19 Million USD in 2021 and will grow with a CAGR of 13.41% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
This report studies the Silicone Gel market, Silicone Gel are mainly used in encapsulation of electronic components for the automotive and power electronics industries and medical.In global market, the consumption of Silicone Gel increases from 62076 MT in 2013 to 84659 MT in 2016, at a CAGR of 8.93% from 2017 to 2024. In 2016, the global Silicone Gel market is led by United States, capturing about 30.11% of global Silicone Gel consumption. Europe is the second-largest region-wise market with 25.34% global production share. At present, the major manufacturers of Silicone Gel are Dow Corning, Shin-Etsu Chemical, Wacker, Momentive Performance Materials, Bluestar Silicones (Elkem Group), ACC Silicones, Gelest, KCC Corporation, etc. . Dow Corning is the world leader, holding 14.72% production market share in 2017. In application, Silicone Gel downstream is wide and recently Silicone Gel has acquired increasing significance in various fields of Electrical & Electronics, Medical & Pharmaceuticals, Cosmetics & Personal Care and others. The Silicone Gel market is mainly driven by growing demand for Electrical & Electronics which accounts for nearly 67.15% of total downstream consumption of Silicone Gel in global.
By Market Verdors:
Dow Corning
Shin-Etsu Chemical
Wacker
Momentive Performance Materials
Bluestar Silicones (Elkem Group)
ACC Silicones
Gelest
KCC Corporation
Nusil Technology
Siltech Corporation
Applied Silicone Corporation
Henkel
North Coast Medical
Novagard Solutions
Silicone Solutions
By Types:
Industrial Silicone Gel
Medical Silicone Gel
By Applications:
Electrical & Electronics
Medical & Pharmaceuticals
Cosmetics & Personal Care
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
