Global Silicone market to reach US$ 22.44B in 2025

reogma|Global Silicone market to reach US$ 22.44B in 2025

The global Silicone market size is estimated to be USD 15.07 Billion in 2018 and is expected to grow at a CAGR of 5.85% to reach a market size of USD 22.44 Billion in 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Silicones also known as polysiloxanes, are polymers that include synthetic compound made up of repeating units of siloxane, which is a chain of alternating silicon atoms and oxygen atoms, in combination with carbon, hydrogen and sometimes other elements.

They come in the form of either liquid-like or rubber-like and are heat-resistant. Silicones are used in sealants, adhesives, lubricants, medicine, cooking utensils, and thermal and electrical insulation. Silicones comes in the form of silicone oil, silicone grease, silicone rubber, silicone resin, and silicone caulk.

Silicones, or polysiloxanes are high-performance oligomers or polymers with an alternating silicon oxygen backbone, formed with aliphatic or aromatic side groups.

They are considered as a modern class of synthetic materials in which siloxane functional group forms the backbone and can take a variety of physical forms, such as solids, semi-viscous pastes, oils, and more.

They are produced by reacting silicon with methyl chloride and a further reaction with water. Silicones are resistant to high & low temperatures and find applications in several products used across a wide range of end-user industries. Silicones are beneficial owing to their heat resistance and rubber-like quality.

This is perhaps why they are used widely in the manufacture of sealants, adhesives, lubricants, medicine, thermal & electrical insulation, and cooking. The ability of silicones to withstand great stress and extreme temperatures makes it useful for aviation & aerospace industries.

In the construction industry, silicones are used in the building of high-performance structures. It is used as an energy-efficient and green material in the process of construction.

The emphasis on adoption of environmental friendly products reducing greenhouse gas emission has enhanced the use of silicones. The growing infrastructure activities in the developing countries will drive the market size expansion of silicones. Silicones are preferred in place of plastic, as they are more ocean-friendly and highly durable.

They are considered to be eco-friendly as they do not cause harm for aquatic and soil organisms. Silicones are odourless and stain-resistant hence they are considered to be hygienic and hypoallergenic. Silicones are mainly used as adhesives, sealants, and coatings in these sectors.

In addition, silicone rubbers are widely used as sculptor materials to make accurate reproductions of original sculpture. Silicone-based products contribute toward energy savings and greenhouse-gas emission reduction thereby increasing its popularity in the end-user segment.

Segmentation

The global silicone market is segmented based on the type, end-user and geography

  • Based on types the market is classified into categories including:
    • Elastomers
    • Fluids
    • Resins
    • Gels
  • Silicones find application in various industries including:
    • Building & Construction
    • Transportation
    • Electronics
    • Medical
    • Textile & Leather
    • Others (Paints & Coatings, Cosmetics, Paper)
  • Geographically the silicone market is segmented into
    • North America
    • Europe
    • Asia-Pacific
    • Middle East
    • South America
    • Africa

reogma|Global Silicone market to reach US$ 22.44B in 2025


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The global Silicone market size is estimated to be USD 15.07 Billion in 2018 and is expected to grow at a CAGR of 5.85% to reach a market size of USD 22.44 Billion in 2025. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Trends Industry Challenges Technology […]
reogma|Global Silicone market to reach US$ 22.44B in 2025reogma|Global Silicone market to reach US$ 22.44B in 2025

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