Increasing Focus On: Silicone Market Size/Share To Surpass USD 33.24 billion by 2030: Exactitude Consultancy
Expanding Horizons: Exploring Versatile Applications and Sustainable Innovations in the Dynamic Silicone Market Globally
LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 23, 2024 /EINPresswire.com/ -- ๐๐๐ญ๐๐ฉ๐ฎ๐ฅ๐ญ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐จ ๐ ๐จ๐ซ๐, ๐๐๐ข๐ง ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐
The Latest Research report on โglobal Silicone Market Report 2023 โ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ, ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐จ ๐๐๐๐โ offers strategic visions into the global Silicone market along with the market size (๐๐จ๐ฅ๐ฎ๐ฆ๐ โ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ง๐ข๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ง๐ฎ๐ โ ๐๐$ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง) and estimates for the duration 2023 to 2029. Growing demand for silicone in various end-use industries including personal care, consumer goods, industrial processes, and construction is expected to drive market growth. The U.S. silicone industry is expected to perform moderately owing to limited opportunities by market maturity of both manufacturing industries in general and use of silicones. However, continuous product innovation and ongoing technological developments are expected to promote application of silicone in emerging markets.
ย The global silicone market is projected to reach USD 33.24 billion by 2030 from USD 19.18 billion in 2023, at a CAGR of 7.3 % from 2024 to 2030.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ
https://exactitudeconsultancy.com/reports/16821/silicone-market/#request-a-sample
Some of the important players in Silicone market are:
Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Illinois Tool Works Inc., Evonik Industries AG, Hutchinson, Kemira Oyj, Dow Inc., AbbVie Inc., KCC Corporation, Elkem ASA, Ashland, Momentive, Kemira, Wacker Chemie, Amul Polymers, Specialty Silicone Products, Inc., Supreme Silicones, Silchem Inc., BASF SE and other.
In July 2022, Wacker Chemie AG built a new silicone production complex at its Charleston site in the US state of Tennessee. This production plant will produce high-consistency silicone rubber and silicone sealants used in construction applications. A total of more than USD 200 million was invested in the new plant.
In February 2022, Shin-Etsu Chemical planned to make an over USD 0.59 billion capacity-expansion investment mainly for its silicones advanced functional products line in Japan. The company aims to complete the capacity expansion project and begin operations by 2025.
In October 2021, Wacker Chemie AG acquired 60% stake in specialty silane manufacturer SICO Performance Material Co., Ltd. (China) at a value of USD 139.66 million.
Key insights
Key Emerging Trends โ For Major Countries
Key Developments: Mergers, Acquisition, Partnership, etc.
Latest Technological Advancement
Insights on Regulatory Scenario
Porters Five Forces Analysis
Silicone Market Segmentation:ย
This research report categorizes the Silicone market into the following segments and subsegments:
Silicone Market By Product Type, 2020-2030, (Usd Billion) (Kilotons)
Elastomers
Fluids
Resins
Gels
Other
Silicone Market By Application, 2020-2030, (Usd Billion) (Kilotons)
Industrial Process
Building & Construction
Transportation
Personal Care & Consumer Products
Medical & Healthcare
Electronics
Energy
Others
๐๐ก๐ ๐ฉ๐ซ๐๐ฌ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐๐ง๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ญ๐ข๐ฅ๐ฅ ๐๐๐๐ ๐๐จ๐ซ ๐๐ฅ๐ฅ ๐ญ๐ก๐ ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐ฌ๐ฎ๐-๐ซ๐๐ ๐ข๐จ๐ง๐ฌ ๐ก๐๐ฏ๐ ๐๐ฅ๐ฌ๐จ ๐๐๐๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ.
๐๐๐ ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐จ๐ฌ๐๐ ๐๐ซ๐: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ ๐๐ซ๐๐๐ค-๐๐ฉ: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.
๐๐ ๐ฒ๐จ๐ฎ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐ค๐ง๐จ๐ฐ ๐ฆ๐จ๐ซ๐: https://exactitudeconsultancy.com/reports/16821/silicone-market/
๐๐ง๐๐ฅ๐ฎ๐๐ง๐๐ ๐จ๐ ๐ญ๐ก๐ Silicone ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โ Comprehensive assessment of all opportunities and risk in the Silicone market.
โ Silicone market recent innovations and major events.
โ Detailed study of business approaches for the growth of the market-leading players.
โ Conclusive study about the expansion plot of the market for forthcoming years.
โ In-depth understanding of market-specific drivers, constraints and major mini-markets.
โ Favorable impression inside vital technological and market latest trends striking the Silicone market.
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ข๐ง๐ญ๐ฌ ๐ฅ๐ข๐ง๐๐ ๐ข๐ง ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ ๐จ๐ Silicone ๐๐๐ซ๐ค๐๐ญ:
๐๐ก๐๐ฉ๐ญ๐๐ซ 1: Introduction, market actuation product Objective of Study and analysis Scope market (2023-2029).
๐๐ก๐๐ฉ๐ญ๐๐ซ 2: Exclusive outline โ the fundamental info of the world Silicone Market.
๐๐ก๐๐ฉ๐ญ๐๐ซ 3: ever-changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the market; Post COVID Analysis.
๐๐ก๐๐ฉ๐ญ๐๐ซ 4: Presenting the world Market correlational analysis, Post COVID Impact Analysis, Porters 5 Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
๐๐ก๐๐ฉ๐ญ๐๐ซ 5: Displaying the by kind, user and Region/Country 2018-2024.
๐๐ก๐๐ฉ๐ญ๐๐ซ 6: Evaluating the leading makers of the world Market that consists of its Competitive Landscape, generation Analysis, Company Profile.
๐๐ก๐๐ฉ๐ญ๐๐ซ 7: to guage the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these numerous regions (2024-2030).
โฆ ๐๐จ ๐๐ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐๐
๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ
(1) What was the size of the global Silicone market in 2022?
(2) What is the expected growth rate of the global Silicone market during 2023-2028?
(3) What are the key factors driving the global Silicone market?
(4) What has been the impact of COVID-19 on the global Silicone market?
(5) What are the key regions in the global Silicone market?
(6) Who are the key players/companies in the global Silicone market?
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฉ๐-
Free report customization (equivalent up to 4 analysts working days) with Silicone Report purchase. Addition or alteration to country, regional & segment scope.
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๐๐จ ๐๐จ๐ฎ ๐๐๐ฏ๐ ๐๐ง๐ฒ ๐๐ฎ๐๐ซ๐ฒ ๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก:
https://exactitudeconsultancy.com/primary-research/
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๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ง๐ค๐ฌ:
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https://exactitudeconsultancy.com/ko/reports/16821/silicone-market/
https://exactitudeconsultancy.com/ja/reports/16821/silicone-market/
https://exactitudeconsultancy.com/fr/reports/16821/silicone-market/
https://exactitudeconsultancy.com/iw/reports/16821/silicone-market/
๐๐ง๐ช๐ฎ๐ข๐ซ๐:
Irfan T
Exactitude Consultancy
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