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COVID-19 Impacts: Silicones Market will Accelerate at a CAGR of almost 6% through 2020-2024 | Growing Demand for Silicone Elastomers to Boost Growth | Technavio

Technavio has been monitoring the silicones market and it is poised to grow by USD 5.46 bn during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Silicones Market 2020-2024  (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Silicones Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. China National Bluestar (Group) Co. Ltd., CHT Group, CRI-SIL Silicone Technologies LLC, Dow Inc., DuPont de Nemours Inc., KC Co. Ltd., Momentive Performance Materials Inc., Rogers Corp., Shin-Etsu Chemical Co. Ltd., Siltech Corp., and Wacker Chemie AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing demand for silicone elastomers has been instrumental in driving the growth of the market. 

Silicones Market 2020-2024 : Segmentation

Silicones Market is segmented as below:

  • Product
    • Elastomers
    • Fluids
    • Resins
    • Gels And Others
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40523

Silicones Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our silicones market report covers the following areas:

  • Silicones Market size
  • Silicones Market trends
  • Silicones Market industry analysis

This study identifies the growing demand for medical-grade silicones as one of the prime reasons driving the silicones market growth during the next few years.

Silicones Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the silicones market, including some of the vendors such as China National Bluestar (Group) Co. Ltd., CHT Group, CRI-SIL Silicone Technologies LLC, Dow Inc., DuPont de Nemours Inc., KC Co. Ltd., Momentive Performance Materials Inc., Rogers Corp., Shin-Etsu Chemical Co. Ltd., Siltech Corp., and Wacker Chemie AG. Backed with competitive intelligence and benchmarking, our research reports on the silicones market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Silicones Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist silicones market growth during the next five years
  • Estimation of the silicones market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the silicones market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of silicones market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Elastomers - Market size and forecast 2019-2024
  • Fluids - Market size and forecast 2019-2024
  • Resins - Market size and forecast 2019-2024
  • Gels and others - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Industrial process - Market size and forecast 2019-2024
  • Construction - Market size and forecast 2019-2024
  • Personal care and consumer products - Market size and forecast 2019-2024
  • Transportation - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increasing adoption in electrical and electronics industry
  • Growing demand for medical-grade silicones
  • Increase in preference for bio-based products

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • China National Bluestar (Group) Co. Ltd.
  • CHT Group
  • CRI-SIL Silicone Technologies LLC
  • Dow Inc.
  • DuPont de Nemours Inc.
  • KC Co. Ltd.
  • Momentive Performance Materials, Inc.
  • Rogers Corp.
  • Shin-Etsu Chemical Co. Ltd.
  • Siltech Corp.
  • Wacker Chemie AG

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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