Silicone Gel Market – Opportunities & Forecast 2016-2021


Posted September 17, 2020 by shaqibakram

Asia-Pacific holds the largest market share in the global silicone gel market. The key factor fuelling the growth of silicone gel market in the region include presence....

 
The global silicone gel market has witnessed a substantial growth in recent years. The superior properties of the silicone gel such as their ability to absorb heat and shock as well as increased demand by the various end-use industries worldwide especially the emerging economies are the key factors fuelling the growth of the said market. Electrical & Electronic Industry is the largest end-user segment for silicone gel in 2016 and is expected to dominate the market during the forecast period.

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Asia-Pacific holds the largest market share in the global silicone gel market. The key factor fuelling the growth of silicone gel market in the region include presence of large number of end-use industries in the region. Apart from this, the high GDP growth rate coupled with rising disposable income of people in the major economies such as India, China, Japan, South Korea is further fuelling the growth of the market in the region. North America is the second most dominant region in the global silicone gel market. The increased demand for new technologically advanced products by the end-users is major factor fuelling the growth of the market in the region.

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This research report on silicone gel market provides in-depth analysis of the global silicone gel market based on end-user industry and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for silicone gel market. The report also analyses the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.

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The report also profiles the major companies active in this field, including DOW Corning Corporation, Shin-Etsu Chemical Company Limited, Wacker Chemie AG, Momentive Performance Materials Inc., Elkem Silicones, CHT Group, Nusil, KCC Corporation, Siltech Corporation,Gelest Inc. (New Mountain Capital).

Key questions this research would answer:

Is the silicone gel market growing? How long will it continue to grow and at what rate?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the silicone gel market?
What are the various end-use industries and how they are poised to grow?

About GMI Research

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Last Updated September 17, 2020