The Worldwide Silicone Industry is Expected to Reach $24.9 Billion by 2027 - Benzinga

2022-09-17 17:35:31 By : Ms. Grace Wu

Dublin, Sept. 14, 2022 (GLOBE NEWSWIRE) -- The "Global Silicone Market (2022-2027) by Type, End-Use Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Silicone Market is estimated to be USD 16.9 Bn in 2022 and is expected to reach USD 24.95 Bn by 2027, growing at a CAGR of 8.1%. Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Silicone Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks. Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Wacker Chemie, Shin-Etsu Chemical, Elkem, Dow Chemical Company, Momentive, Gelest, KCC, Evonik Industries, Innospec, Specialty Silicone Products, Reiss Manufacturing, Siltech, etc. Countries Studied

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Silicone Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth. Why buy this report?

Key Topics Covered: 1 Report Description 2 Research Methodology 3 Executive Summary 4 Market Dynamics 4.1 Drivers 4.1.1 Superior Properties of Silicone 4.1.2 High Demand for Silicone in the Electronics Industry 4.2 Restraints 4.2.1 Stringent Regulatory Policies for Silicone 4.3 Opportunities 4.3.1 Development of Antimicrobial Silicone Elastomers for the Healthcare Industry 4.3.2 High Market Potential in Structural Silicone Glazing 4.4 Challenges 4.4.1 Fluctuating Raw Material Prices 5 Market Analysis 5.1 Regulatory Scenario 5.2 Porter's Five Forces Analysis 5.3 Impact of COVID-19 5.4 Ansoff Matrix Analysis 6 Global Silicone Market, By Type 6.1 Introduction 6.2 Elastomers 6.3 Fluids 6.4 Resins 6.5 Gels & Other Products 7 Global Silicone Market, By End-Use Industry 7.1 Introduction 7.2 Industrial Process 7.3 Building & Construction 7.4 Transportation 7.5 Personal Care & Consumer Products 7.6 Electronics 7.7 Medical & Healthcare 7.8 Energy 7.9 Other End-Use Industry 8 Americas' Silicone Market 8.1 Introduction 8.2 Argentina 8.3 Brazil 8.4 Canada 8.5 Chile 8.6 Colombia 8.7 Mexico 8.8 Peru 8.9 United States 8.10 Rest of Americas 9 Europe's Silicone Market 9.1 Introduction 9.2 Austria 9.3 Belgium 9.4 Denmark 9.5 Finland 9.6 France 9.7 Germany 9.8 Italy 9.9 Netherlands 9.10 Norway 9.11 Poland 9.12 Russia 9.13 Spain 9.14 Sweden 9.15 Switzerland 9.16 United Kingdom 9.17 Rest of Europe 10 Middle East and Africa's Silicone Market 10.1 Introduction 10.2 Egypt 10.3 Israel 10.4 Qatar 10.5 Saudi Arabia 10.6 South Africa 10.7 United Arab Emirates 10.8 Rest of MEA 11 APAC's Silicone Market 11.1 Introduction 11.2 Australia 11.3 Bangladesh 11.4 China 11.5 India 11.6 Indonesia 11.7 Japan 11.8 Malaysia 11.9 Philippines 11.10 Singapore 11.11 South Korea 11.12 Sri Lanka 11.13 Thailand 11.14 Taiwan 11.15 Rest of Asia-Pacific 12 Competitive Landscape 12.1 Competitive Quadrant 12.2 Market Share Analysis 12.3 Strategic Initiatives 12.3.1 M&A and Investments 12.3.2 Partnerships and Collaborations 12.3.3 Product Developments and Improvements 13 Company Profiles 13.1 Wacker Chemie 13.2 Shin-Etsu Chemical 13.3 Elkem 13.4 Dow Chemical Company 13.5 Momentive 13.6 Gelest 13.7 KCC 13.8 Evonik Industries 13.9 Innospec 13.10 Specialty Silicone Products 13.11 Reiss Manufacturing 13.12 Siltech 13.13 Kaneka 13.14 CHT Germany 13.15 Primasil Silicones 13.16 Sivance (Milken) 13.17 Silicone Solutions 13.18 Silicone Engineering 13.19 Cri-Sil Silicone Technologies 13.20 ITW Performance Polymers 13.21 Silteq 13.22 Konark Silicone Technologies 14 Appendix For more information about this report visit https://www.researchandmarkets.com/r/lku9f0

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