Silicones Market
Silicones Market Forecasts to 2028 - Global Analysis By Product (Fluids, Gels, Resins and Elastomers), End User (Aerospace, Automotive, Construction, Electronics, Energy and Other End Users) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $17.83 BN |
|
Projected Year Value (2028) |
US $30.57 BN |
|
CAGR (2022 - 2028) |
9.4% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Silicones Market is accounted for $17.83 billion in 2022 and is expected to reach $30.57 billion by 2028 growing at a CAGR of 9.4% during the forecast period. The term "silicone" refers to a polymer made from siloxane that is employed in the production of synthetic rubber and lubricants. They are distinguished by their hydrophobicity, thermal stability, and physiological inertness. Dental impression materials and surgical implants are both made with silicone, which is used extensively in the medical sector. This expansion can be primarily attributed to the rise in automotive vehicle demand across numerous global industries. According to statistics, in the upcoming years, increased demand from the healthcare sector is predicted to become the most popular growth interest globally.
According to ZVEI Dia Elektroindustrie, China's electronics industry was valued at about USD 2,430 million in 2020, and it is forecasted to register 11% and 8% Y-o-Y in 2021 and 2022, thus providing immense opportunities for the silicone market.
Market Dynamics:
Driver:
The electronics industry is driving the demand for silicone
Due to its excellent thermal conductivity, capacity to withstand both high and low temperatures, and flame-retardant characteristics, silicone is becoming more and more useful in a range of electronic applications. Silicone is primarily used in electronics, semiconductor applications, heater wires, refrigerator wires, ignition wires, highly sensitive circuits, and electronics parts. Silicone's use in electrical circuits gives surfaces that protect screens for computers, televisions, aircraft displays, and other electronic devices from heat, dust, and other contaminants strong insulation properties.
Restraint:
Fluctuating of raw material prices
The price volatility of energy and raw materials is the main issue facing the global silicone market. The energy costs in European nations have increased as a result of the Russia-Ukraine conflict, which has further increased the cost of producing silicones. The profit margins of manufacturers of silicone are decreased by the sharp rise in the cost of raw materials like silicon metal and methyl chloride. The cost of all silicone products ultimately rises as a result.
Opportunity:
Growing automobile sector
Silicone is used in the rapidly expanding automotive industry as a lubricant for brake components and in the insulation of spark plug wires to stop sparks and misfires. Engine gaskets for automobiles are made from silicone sheets, and air bag sealants are made from silicone rubber. Automotive silicones contribute to lighter overall vehicles, which improve fuel economy and reduce harmful emissions. The demand for automotive silicones may be driven by rising auto production combined with strict environmental regulations for harmful emissions.
Threat:
Stringent government regulations
Regulatory agencies in nations like the UK, Canada, the US, and many European countries regulate the use of a select few silicone products, particularly in the personal care & consumer product and medical & healthcare industries. Two silicone products, cyclosiloxanes D4 and D5, have their use restricted by the European Chemicals Agency (ECHA) and the UK Competent Authorities. Before going on sale, all medical-grade silicones must receive regulatory body approval. Only silicones that have received USP Class V and VI approval are regarded as being of medical grade in the medical and healthcare sectors. The expansion of the silicone market will be constrained as a result of these strict regulatory policies.
Covid-19 Impact
The supply chain for the global silicones market has been impacted by COVID-19. The automotive industry's production declined significantly as a result of lockdowns and the closing of international borders, which had an impact on consumer demand for silicone. The global closure of numerous businesses and industries had an impact on the demand for silicone. Additionally, it is anticipated that suppliers of airbag fabrics and automobiles will reduce their financial investments in automotive silicone R&D. However, a further increase in demand from the healthcare, personal care, and consumer products sectors has boosted the demand for silicones during this time due to rising awareness of health and hygiene.
The industrial processes segment is expected to be the largest during the forecast period
The industrial processes segment dominated the market and accounted for over 25.0% of total revenue, and it is anticipated to remain dominant throughout the forecast period. Silicones are widely used in many industrial processes for a variety of purposes, including as lubricants and antifoaming agents in offshore drilling and paper production, industrial coatings, and paint additives by providing various components with improved durability, thermal resistance, and resistance to corrosion and chemicals. Furthermore, silicone is used in paints and coatings to boost performance and lower maintenance costs for industrial infrastructure and machinery.
The elastomers segment is expected to have the highest CAGR during the forecast period
During the forecast period, the elastomers segment is anticipated to experience the highest growth rate. With a market share of 36% in 2021, the elastomer segment dominated the industry. The market is anticipated to expand as silicone elastomers are used more frequently in various industrial applications. Undergarments, athletic equipment, food storage containers, footwear, medical devices, and implants are just a few of the countless products made with silicone elastomers. Silicone elastomers are also used to make sealants.
Region with largest share:
Over the projection period, it is anticipated that the Asia Pacific region will hold the largest market share due to the expanding demand for electronics in China, India, Japan, and South Korea. In 2022, the Asia Pacific region dominated the market and generated more than 44.0% of global market revenue. Silicone production in the region is expected to increase as a result of market players moving their manufacturing operations from North America and Europe to Asia Pacific due to factors like affordable labor, simple access to raw materials, and increased market penetration opportunities in sectors like construction, electronics, transportation, industrial processes, personal care and consumer products, energy, and healthcare.
Region with highest CAGR:
Owing to the growing construction industry and projects in several economies, including the UK and Germany, the European region is expected to witness the highest growth rate. Germany is the center of Europe's automotive manufacturing industry. France, Italy, and the UK will increase market demand. The market is also expected to grow as a result of silicone's expanding use in cosmetic implants in the healthcare industry. Additionally, Europe is one of the biggest markets for personal care and cosmetics in the world. Cosmetics Europe estimates that the retail sales of cosmetics and personal care products in Europe were around USD 83 billion in 2021 and are increasing rapidly. This factor offers new opportunities for silicone business expansion in this area in the near future.
Key players in the market
Some of the key players profiled in the Silicones Market include AbbVie Inc., BRB International B.V., CHT Group, Dow Chemical Company, DyStar Singapore Pte Ltd, Elkem ASA, Evonik Industries AG, Hoshine Silicon Industry Co. Ltd, Hutchinson, Illinois Tool Works Inc., Jiangsu Mingzhu Silicone Rubber Material Co. Ltd, Kaneka Corporation, KCC Corporation, Kemira Oyj, Mitsubishi Chemical Holdings Corporation, Momentive Performance Materials Inc., Shin-Etsu Chemical Co.LTD., Wacker Chemie AG, Wynca Group and Zhejiang Sucon Silicone Co. Ltd.
Key Developments:
In February 2023, BRB Silicones launches specialty silicones BRB SF 1802 for Car Care. BRB SF 1802 is a low viscosity amino alkyl functional polydimethylsiloxane. It is a curable and non-reactive amino silicone which, compared to its reactive counterparts, exhibits increased storage stability. BRB SF 1802 is designed for use in Car Care applications; however, it can also be used in Home Care formulations.
In October 2022, Elkem ASA announced the opening of their new specialized facility located on Timberland court. The new facility is spread over 18,000 sq. ft. and will produce high-purity medical silicone materials to meet the MedTech and Pharma market requirements.
In April 2022, Shin-Etsu Chemical Co., Ltd., announced the development of a new thermal interface silicone rubber sheet series for applications in components of electric vehicles (EV). These thermal interface silicone materials can be used as heat dissipation measures for component parts of electric cars for which high voltage requirements are increasing.
Products Covered:
• Electronic Intelligence (ELINT)
• Communications Intelligence (COMINT)
End Users Covered:
• Aerospace
• Automotive
• Construction
• Electronics
• Energy
• Industrial Processes
• Medical & Healthcare
• Personal Care & Consumer goods
• Transportation
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Silicones Market, By Product
5.1 Introduction
5.2 Fluids
5.2.1 Straight Silicone Fluids
5.2.2 Modified Silicone Fluids
5.3 Gels
5.4 Resins
5.4.1 Methyl silicone resins
5.4.2 Phenyl silicone resins
5.4.3 Other Resins
5.5 Elastomers
5.5.1 High-Temperature Vulcanized (HTV)
5.5.2 Liquid Silicone Rubber (LSR)
5.5.3 Room Temperature Vulcanized (RTV)
6 Global Silicones Market, By End User
6.1 Introduction
6.2 Aerospace
6.3 Automotive
6.4 Construction
6.5 Electronics
6.6 Energy
6.7 Industrial Processes
6.8 Medical & Healthcare
6.9 Personal Care & Consumer goods
6.10 Transportation
6.11 Other End Users
7 Global Silicones Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 AbbVie Inc.
9.2 BRB International B.V.
9.3 CHT Group
9.4 Dow Chemical Company
9.5 DyStar Singapore Pte Ltd
9.6 Elkem ASA
9.7 Evonik Industries AG
9.8 Hoshine Silicon Industry Co. Ltd
9.9 Hutchinson
9.10 Illinois Tool Works Inc.
9.11 Jiangsu Mingzhu Silicone Rubber Material Co. Ltd
9.12 Kaneka Corporation
9.13 KCC Corporation
9.14 Kemira Oyj
9.15 Mitsubishi Chemical Holdings Corporation
9.16 Momentive Performance Materials Inc.
9.17 Shin-Etsu Chemical Co.LTD.
9.18 Wacker Chemie AG
9.19 Wynca Group
9.20 Zhejiang Sucon Silicone Co. Ltd.
List of Tables
1 Global Silicones Market Outlook, By Region (2020-2028) ($MN)
2 Global Silicones Market Outlook, By Product (2020-2028) ($MN)
3 Global Silicones Market Outlook, By Fluids (2020-2028) ($MN)
4 Global Silicones Market Outlook, By Straight Silicone Fluids (2020-2028) ($MN)
5 Global Silicones Market Outlook, By Modified Silicone Fluids (2020-2028) ($MN)
6 Global Silicones Market Outlook, By Gels (2020-2028) ($MN)
7 Global Silicones Market Outlook, By Resins (2020-2028) ($MN)
8 Global Silicones Market Outlook, By Methyl silicone resins (2020-2028) ($MN)
9 Global Silicones Market Outlook, By Phenyl silicone resins (2020-2028) ($MN)
10 Global Silicones Market Outlook, By Other Resins (2020-2028) ($MN)
11 Global Silicones Market Outlook, By Elastomers (2020-2028) ($MN)
12 Global Silicones Market Outlook, By High-Temperature Vulcanized (HTV) (2020-2028) ($MN)
13 Global Silicones Market Outlook, By Liquid Silicone Rubber (LSR) (2020-2028) ($MN)
14 Global Silicones Market Outlook, By Room Temperature Vulcanized (RTV) (2020-2028) ($MN)
15 Global Silicones Market Outlook, By End User (2020-2028) ($MN)
16 Global Silicones Market Outlook, By Aerospace (2020-2028) ($MN)
17 Global Silicones Market Outlook, By Automotive (2020-2028) ($MN)
18 Global Silicones Market Outlook, By Construction (2020-2028) ($MN)
19 Global Silicones Market Outlook, By Electronics (2020-2028) ($MN)
20 Global Silicones Market Outlook, By Energy (2020-2028) ($MN)
21 Global Silicones Market Outlook, By Industrial Processes (2020-2028) ($MN)
22 Global Silicones Market Outlook, By Medical & Healthcare (2020-2028) ($MN)
23 Global Silicones Market Outlook, By Personal Care & Consumer goods (2020-2028) ($MN)
24 Global Silicones Market Outlook, By Transportation (2020-2028) ($MN)
25 Global Silicones Market Outlook, By Other End Users (2020-2028) ($MN)
26 North America Silicones Market Outlook, By Country (2020-2028) ($MN)
27 North America Silicones Market Outlook, By Product (2020-2028) ($MN)
28 North America Silicones Market Outlook, By Fluids (2020-2028) ($MN)
29 North America Silicones Market Outlook, By Straight Silicone Fluids (2020-2028) ($MN)
30 North America Silicones Market Outlook, By Modified Silicone Fluids (2020-2028) ($MN)
31 North America Silicones Market Outlook, By Gels (2020-2028) ($MN)
32 North America Silicones Market Outlook, By Resins (2020-2028) ($MN)
33 North America Silicones Market Outlook, By Methyl silicone resins (2020-2028) ($MN)
34 North America Silicones Market Outlook, By Phenyl silicone resins (2020-2028) ($MN)
35 North America Silicones Market Outlook, By Other Resins (2020-2028) ($MN)
36 North America Silicones Market Outlook, By Elastomers (2020-2028) ($MN)
37 North America Silicones Market Outlook, By High-Temperature Vulcanized (HTV) (2020-2028) ($MN)
38 North America Silicones Market Outlook, By Liquid Silicone Rubber (LSR) (2020-2028) ($MN)
39 North America Silicones Market Outlook, By Room Temperature Vulcanized (RTV) (2020-2028) ($MN)
40 North America Silicones Market Outlook, By End User (2020-2028) ($MN)
41 North America Silicones Market Outlook, By Aerospace (2020-2028) ($MN)
42 North America Silicones Market Outlook, By Automotive (2020-2028) ($MN)
43 North America Silicones Market Outlook, By Construction (2020-2028) ($MN)
44 North America Silicones Market Outlook, By Electronics (2020-2028) ($MN)
45 North America Silicones Market Outlook, By Energy (2020-2028) ($MN)
46 North America Silicones Market Outlook, By Industrial Processes (2020-2028) ($MN)
47 North America Silicones Market Outlook, By Medical & Healthcare (2020-2028) ($MN)
48 North America Silicones Market Outlook, By Personal Care & Consumer goods (2020-2028) ($MN)
49 North America Silicones Market Outlook, By Transportation (2020-2028) ($MN)
50 North America Silicones Market Outlook, By Other End Users (2020-2028) ($MN)
51 Europe Silicones Market Outlook, By Country (2020-2028) ($MN)
52 Europe Silicones Market Outlook, By Product (2020-2028) ($MN)
53 Europe Silicones Market Outlook, By Fluids (2020-2028) ($MN)
54 Europe Silicones Market Outlook, By Straight Silicone Fluids (2020-2028) ($MN)
55 Europe Silicones Market Outlook, By Modified Silicone Fluids (2020-2028) ($MN)
56 Europe Silicones Market Outlook, By Gels (2020-2028) ($MN)
57 Europe Silicones Market Outlook, By Resins (2020-2028) ($MN)
58 Europe Silicones Market Outlook, By Methyl silicone resins (2020-2028) ($MN)
59 Europe Silicones Market Outlook, By Phenyl silicone resins (2020-2028) ($MN)
60 Europe Silicones Market Outlook, By Other Resins (2020-2028) ($MN)
61 Europe Silicones Market Outlook, By Elastomers (2020-2028) ($MN)
62 Europe Silicones Market Outlook, By High-Temperature Vulcanized (HTV) (2020-2028) ($MN)
63 Europe Silicones Market Outlook, By Liquid Silicone Rubber (LSR) (2020-2028) ($MN)
64 Europe Silicones Market Outlook, By Room Temperature Vulcanized (RTV) (2020-2028) ($MN)
65 Europe Silicones Market Outlook, By End User (2020-2028) ($MN)
66 Europe Silicones Market Outlook, By Aerospace (2020-2028) ($MN)
67 Europe Silicones Market Outlook, By Automotive (2020-2028) ($MN)
68 Europe Silicones Market Outlook, By Construction (2020-2028) ($MN)
69 Europe Silicones Market Outlook, By Electronics (2020-2028) ($MN)
70 Europe Silicones Market Outlook, By Energy (2020-2028) ($MN)
71 Europe Silicones Market Outlook, By Industrial Processes (2020-2028) ($MN)
72 Europe Silicones Market Outlook, By Medical & Healthcare (2020-2028) ($MN)
73 Europe Silicones Market Outlook, By Personal Care & Consumer goods (2020-2028) ($MN)
74 Europe Silicones Market Outlook, By Transportation (2020-2028) ($MN)
75 Europe Silicones Market Outlook, By Other End Users (2020-2028) ($MN)
76 Asia Pacific Silicones Market Outlook, By Country (2020-2028) ($MN)
77 Asia Pacific Silicones Market Outlook, By Product (2020-2028) ($MN)
78 Asia Pacific Silicones Market Outlook, By Fluids (2020-2028) ($MN)
79 Asia Pacific Silicones Market Outlook, By Straight Silicone Fluids (2020-2028) ($MN)
80 Asia Pacific Silicones Market Outlook, By Modified Silicone Fluids (2020-2028) ($MN)
81 Asia Pacific Silicones Market Outlook, By Gels (2020-2028) ($MN)
82 Asia Pacific Silicones Market Outlook, By Resins (2020-2028) ($MN)
83 Asia Pacific Silicones Market Outlook, By Methyl silicone resins (2020-2028) ($MN)
84 Asia Pacific Silicones Market Outlook, By Phenyl silicone resins (2020-2028) ($MN)
85 Asia Pacific Silicones Market Outlook, By Other Resins (2020-2028) ($MN)
86 Asia Pacific Silicones Market Outlook, By Elastomers (2020-2028) ($MN)
87 Asia Pacific Silicones Market Outlook, By High-Temperature Vulcanized (HTV) (2020-2028) ($MN)
88 Asia Pacific Silicones Market Outlook, By Liquid Silicone Rubber (LSR) (2020-2028) ($MN)
89 Asia Pacific Silicones Market Outlook, By Room Temperature Vulcanized (RTV) (2020-2028) ($MN)
90 Asia Pacific Silicones Market Outlook, By End User (2020-2028) ($MN)
91 Asia Pacific Silicones Market Outlook, By Aerospace (2020-2028) ($MN)
92 Asia Pacific Silicones Market Outlook, By Automotive (2020-2028) ($MN)
93 Asia Pacific Silicones Market Outlook, By Construction (2020-2028) ($MN)
94 Asia Pacific Silicones Market Outlook, By Electronics (2020-2028) ($MN)
95 Asia Pacific Silicones Market Outlook, By Energy (2020-2028) ($MN)
96 Asia Pacific Silicones Market Outlook, By Industrial Processes (2020-2028) ($MN)
97 Asia Pacific Silicones Market Outlook, By Medical & Healthcare (2020-2028) ($MN)
98 Asia Pacific Silicones Market Outlook, By Personal Care & Consumer goods (2020-2028) ($MN)
99 Asia Pacific Silicones Market Outlook, By Transportation (2020-2028) ($MN)
100 Asia Pacific Silicones Market Outlook, By Other End Users (2020-2028) ($MN)
101 South America Silicones Market Outlook, By Country (2020-2028) ($MN)
102 South America Silicones Market Outlook, By Product (2020-2028) ($MN)
103 South America Silicones Market Outlook, By Fluids (2020-2028) ($MN)
104 South America Silicones Market Outlook, By Straight Silicone Fluids (2020-2028) ($MN)
105 South America Silicones Market Outlook, By Modified Silicone Fluids (2020-2028) ($MN)
106 South America Silicones Market Outlook, By Gels (2020-2028) ($MN)
107 South America Silicones Market Outlook, By Resins (2020-2028) ($MN)
108 South America Silicones Market Outlook, By Methyl silicone resins (2020-2028) ($MN)
109 South America Silicones Market Outlook, By Phenyl silicone resins (2020-2028) ($MN)
110 South America Silicones Market Outlook, By Other Resins (2020-2028) ($MN)
111 South America Silicones Market Outlook, By Elastomers (2020-2028) ($MN)
112 South America Silicones Market Outlook, By High-Temperature Vulcanized (HTV) (2020-2028) ($MN)
113 South America Silicones Market Outlook, By Liquid Silicone Rubber (LSR) (2020-2028) ($MN)
114 South America Silicones Market Outlook, By Room Temperature Vulcanized (RTV) (2020-2028) ($MN)
115 South America Silicones Market Outlook, By End User (2020-2028) ($MN)
116 South America Silicones Market Outlook, By Aerospace (2020-2028) ($MN)
117 South America Silicones Market Outlook, By Automotive (2020-2028) ($MN)
118 South America Silicones Market Outlook, By Construction (2020-2028) ($MN)
119 South America Silicones Market Outlook, By Electronics (2020-2028) ($MN)
120 South America Silicones Market Outlook, By Energy (2020-2028) ($MN)
121 South America Silicones Market Outlook, By Industrial Processes (2020-2028) ($MN)
122 South America Silicones Market Outlook, By Medical & Healthcare (2020-2028) ($MN)
123 South America Silicones Market Outlook, By Personal Care & Consumer goods (2020-2028) ($MN)
124 South America Silicones Market Outlook, By Transportation (2020-2028) ($MN)
125 South America Silicones Market Outlook, By Other End Users (2020-2028) ($MN)
126 Middle East & Africa Silicones Market Outlook, By Country (2020-2028) ($MN)
127 Middle East & Africa Silicones Market Outlook, By Product (2020-2028) ($MN)
128 Middle East & Africa Silicones Market Outlook, By Fluids (2020-2028) ($MN)
129 Middle East & Africa Silicones Market Outlook, By Straight Silicone Fluids (2020-2028) ($MN)
130 Middle East & Africa Silicones Market Outlook, By Modified Silicone Fluids (2020-2028) ($MN)
131 Middle East & Africa Silicones Market Outlook, By Gels (2020-2028) ($MN)
132 Middle East & Africa Silicones Market Outlook, By Resins (2020-2028) ($MN)
133 Middle East & Africa Silicones Market Outlook, By Methyl silicone resins (2020-2028) ($MN)
134 Middle East & Africa Silicones Market Outlook, By Phenyl silicone resins (2020-2028) ($MN)
135 Middle East & Africa Silicones Market Outlook, By Other Resins (2020-2028) ($MN)
136 Middle East & Africa Silicones Market Outlook, By Elastomers (2020-2028) ($MN)
137 Middle East & Africa Silicones Market Outlook, By High-Temperature Vulcanized (HTV) (2020-2028) ($MN)
138 Middle East & Africa Silicones Market Outlook, By Liquid Silicone Rubber (LSR) (2020-2028) ($MN)
139 Middle East & Africa Silicones Market Outlook, By Room Temperature Vulcanized (RTV) (2020-2028) ($MN)
140 Middle East & Africa Silicones Market Outlook, By End User (2020-2028) ($MN)
141 Middle East & Africa Silicones Market Outlook, By Aerospace (2020-2028) ($MN)
142 Middle East & Africa Silicones Market Outlook, By Automotive (2020-2028) ($MN)
143 Middle East & Africa Silicones Market Outlook, By Construction (2020-2028) ($MN)
144 Middle East & Africa Silicones Market Outlook, By Electronics (2020-2028) ($MN)
145 Middle East & Africa Silicones Market Outlook, By Energy (2020-2028) ($MN)
146 Middle East & Africa Silicones Market Outlook, By Industrial Processes (2020-2028) ($MN)
147 Middle East & Africa Silicones Market Outlook, By Medical & Healthcare (2020-2028) ($MN)
148 Middle East & Africa Silicones Market Outlook, By Personal Care & Consumer goods (2020-2028) ($MN)
149 Middle East & Africa Silicones Market Outlook, By Transportation (2020-2028) ($MN)
150 Middle East & Africa Silicones Market Outlook, By Other End Users (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
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Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
