Global Silicone Gel Industry

Global Silicone Gel Industry

  • October 2019 •
  • 99 pages •
  • Report ID: 5799614 •
  • Format: PDF
Silicone Gel market worldwide is projected to grow by US$627 Million, driven by a compounded growth of 6.6%. Electrical & Electronics, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$826 Million by the year 2025, Electrical & Electronics will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 7.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$28.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$29.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Electrical & Electronics will reach a market size of US$68.5 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.3% over the next couple of years and add approximately US$107.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, ACC Silicones Ltd.; Applied Silicone Corporation; DowDupont Inc.; Elkem Silicones; Gelest, Inc.; Henkel AG & Co. KGaA; KCC Corporation; Momentive Performance Materials, Inc.; North Coast Medical Inc.; Novagard Solutions; NuSil Technology LLC; Shin-Etsu Chemical Co., Ltd.; Silicone Solutions; Siltech Corporation; Wacker Chemie AG