Silicones to Witness a Robust Growth in Medical & Healthcare Sectors during the Pandemic and to Drive Global Market to Reach 3.1 Million Metric Tons by 2026 – Market Report (2019-2025) by Industry Experts, Inc.
Wednesday 16 Sep 2020
Industry Experts, Inc. published an updated 2020 version of the market research report on Silicones. The new report entitled "Global Silicones Market – Products and Applications" discusses how the COVID-19 Pandemic influences the market for Silicones.
The impact of COVID-19 pandemic on silicones demand is expected to differ in intensity depending on their end-use application. Sharpest declines would be expected in silicones for transportation, paper & textiles and energy sectors. Demand for silicones in construction and personal care & consumer applications, although declining year over year, is expected to be somewhat better compared to other applications. On the other hand, demand for silicones is expected to be robust in medical & healthcare applications.
Asia-Pacific is the largest region for the global silicones market, cornering an estimate share of 52.3% in 2019, followed by North America with 510 thousand metric tons in the same year. Asia-Pacific is also forecast to lead the growth of global silicones market at a 2019-2026 CAGR of 4.7% to reach 1.7 million metric tons by 2026. Overall Silicones market is estimated to reach 2.2 million metric tons in 2020.
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 2017-2026 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 530 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 69 major players across the North America – 21; Europe – 10; Asia-Pacific – 32; 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 142 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
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