Asia-Pacific Spearheads Silicones Market and Accounts for Over Half of Global Market that is Projected to Exceed 3 Million Metric Tons by 2025 – Market Report (2019-2025) by Industry Experts, Inc.
Wednesday 02 Oct 2019
The new global market research report on Silicones is published by one of the prominent market research companies, Industry Experts Inc. The new report entitled "Global Silicones Market – Products and Applications" estimates the past and current market along with future demand forecast for global and major regional markets.
Versatile features of silicones make them ideal materials for the use in number of diverse applications including construction, electrical & electronics, energy, transportation, personal care, paper & textiles and others comprising healthcare. Silicones demand growth is primarily attributed by their increasing usage in construction applications globally, also the high demand for applications in transportation, healthcare and new energy sectors.
Construction sector leads the global volume market for silicones, forecast to be 639 thousand metric tons valued at US$3.4 billion in 2019, which is projected to reach 823 thousand metric tons by 2025 at a fastest CAGR of 4.3% between 2019 and 2025. Overall Silicones market is estimated to reach 2.4 million metric tons in 2019.
Silicone products analyzed in this report include silicone elastomers/rubbers, silicone fluids, silicone resins, and other silicones including gels, wax etc. The study also analyzes global silicones market by applications consisting of construction, electrical & electronics, energy, transportation, personal care & consumer products, healthcare, chemicals & plastics, oil & gas, industrial machinery, paper & textiles, and other applications.
The report reviews, analyses and projects the Silicones market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2016-2025 in terms of volume in metric tons and value in USD. The regional markets further analyzed for 16 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Indonesia, Japan, South Korea and Taiwan; and South America – Brazil.
This 534 page global silicones market report includes 316 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. This report profiles 14 key global players and 68 major players across the North America – 21; Europe – 10; Asia-Pacific – 31; South America – 3; and Rest of World – 3. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of silicone monomers, intermediates and silicone products. The global list of companies covers addresses, contact numbers and the website addresses of 140 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/global-silicones-market-products-and-applications