The global silicones market reached a volume of more than 2 Million Metric Tons in 2017. The market is further projected to reach a volume of 3 Million Metric Tons by 2023, at a CAGR of 5% during 2018-2023. Silicones, also known as polysiloxanes, refer to polymeric synthetic materials which are formulated from inorganic-organic monomers. Due to their molecular structure, silicones can be manufactured in several forms such as oil, solid, rubber, liquid, grease or semi-viscous paste. They are generally manufactured by first reacting silicon with methyl chloride and then with water. This reaction results in the production of polymers with advantageous properties such as flexibility, and resistance to moisture, chemicals, UV rays, and both high and low temperatures. As a result, silicones find diverse applications ranging from use in pressure sensitive adhesives to protection of electronic devices from extreme temperatures and contamination.
Global Silicones Market Drivers:
Silicone does not cause skin irritations and has a smooth feel, low surface tension and anti-foaming properties. On account of this, silicone polymers are incorporated in personal care products, deodorants, and make-up items. Increasing demand for cosmetics across the globe is fostering the growth of the silicones market.
As silicone-based materials, such as sealants, adhesives and protective coatings, are strong, durable, and weather resistant, they are widely used in construction activities. Apart from this, they are also used in the manufacturing of polyurethane foam which provides insulation and increases the energy-efficiency of buildings. With rising infrastructural development and growing construction industry, the demand for silicones is augmenting at a rapid pace.
Earlier, the consumption of silicone products was largely confined to the Western countries. However, the Asia Pacific region now consumes more than a half of the silicones in the world with China being the dominant consumer. The increasing production of silicones in the Asian and Middle Eastern countries along with economic growth, expanding middle class population, rapid urbanization and rising consumption of end-products containing silicones, are expected to catalyze the market growth.
Breakup by Product Type:
On the basis of product types, the global silicones market is divided into elastomers, fluids, gels and resins. At present, elastomers represent the most popular type of silicones as they are generally stable and non-reactive in nature. They find diverse applications in cooking, baking and footwear manufacturing.
Breakup by Application:
Based on applications, the market is segregated into industrial processes, construction materials, home and personal care products, transportation, energy, healthcare, electronics, and others. As silicones are resistant to high pressure, temperature and chemicals, they majorly find applications in industrial processes.
On a geographical front, Asia Pacific enjoys the leading position in the global silicones market. Rising construction and automotive industries are propelling the demand for silicones in the region. Other regions include North America, Europe, Latin America, and Middle East and Africa.
The market is concentrated in nature with the presence of a few manufacturers who compete against one another in terms of prices and quality. Some of these key players include:
This report provides a deep insight into the global silicones market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the silicones market in any manner.
Key Questions Answered in This Report:
How has the global silicones market performed so far and how will it perform in the coming years?
What are the key regions in the global silicones market?
Which are the popular product types in the global silicones market?
What are the key application segments in the global silicones market?
What are the price trends of silicones?
What are the various stages in the value chain of the global silicones market?
What are the key driving factors and challenges in the global silicones market?
What is the structure of the global silicones market and who are the key players?
What is the degree of competition in the global silicones market?
How are silicones manufactured?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology 3 Executive Summary
4.3 Key Industry Trends 5 Global Silicones Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Type
5.4 Market Breakup by End Use
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.9 Porters Five Forces Analysis
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Price Analysis
5.10.1 Price Trends
5.10.2 Price Indicators
5.10.3 Margins Analysis 6 Market Breakup by Type
6.4 Resins 7 Market Breakup by Application
7.1 Industrial Processes
7.2 Construction Materials
7.3 Home and Personal Care
7.8 Others 8 Market Breakup by Region
8.1 North America
8.3 Asia Pacific
8.4 Latin America
8.5 Middle East and Africa 9 Feedstock Analysis
9.1 Supply and Demand of Key Feedstock
9.1.1 Global Silicon Metal Market
126.96.36.199 Market Performance
188.8.131.52 Price Trend
184.108.40.206 Market Forecast
220.127.116.11 Market Breakup by Region
18.104.22.168 Market Breakup by End Use
22.214.171.124 Key Suppliers 10 Silicones Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors 11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 SWOT Analysis
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 SWOT Analysis
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 SWOT Analysis
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
List of Figures
Figure 1: Global: Silicones Market: Major Drivers and Challenges
Figure 2: Global: Silicones Market: Sales Volume (in Million Tons), 2010-2017
Figure 3: Global: Silicones Market: Sales Value (in Million US$), 2010-2017
Figure 4: Global: Silicones Market: Breakup by Type (in %), 2017
Figure 5: Global: Silicones Market: Breakup by End Use (in %), 2017
Figure 6: Global: Silicones Market: Breakup by Region (in %), 2017
Figure 7: Global: Silicones Market Forecast: Sales Volume (in Million Tons), 2018-2023
Figure 8: Global: Silicones Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 9: Global: Silicones Industry: SWOT Analysis
Figure 10: Global: Silicones Industry: Value Chain Analysis
Figure 11: Global: Silicones Industry: Porter’s Five Forces Analysis
Figure 12: Silicones Average Prices: D5 Price Trends (in US$/MT)
Figure 13: Silicones Average Prices: Emulsion Price Trends (in US$/MT)
Figure 14: Silicones Price Structure Analysis (in US$/Ton)
Figure 15: Silicones Price Structure Analysis (in %)
Figure 16: Global: Elastomers Market: Sales Volume (in Million Tons), 2017 & 2023
Figure 17: Global: Fluids Market: Sales Volume (in Million Tons), 2017 & 2023
Figure 18:Global: Gels Market: Sales Volume (in Million Tons), 2017 & 2023
Figure 19:Global: Resins Market: Sales Volume (in Million Tons), 2017 & 2023
Figure 20: Global: Silicones Market (Applications in Industrial Processes): Sales Volume (in Million Tons), 2017 & 2023
Figure 21: Global: Silicones Market (Applications in Construction Materials) Sales Volume (in Million Tons), 2017 & 2023
Figure 22: Global: Silicones Market (Applications in Home and Personal Care) Sales Volume (in Million Tons), 2017 & 2023
Figure 23: Global: Silicones Market (Applications in Transportation) Sales Volume (in Million Tons), 2016 & 2023
Figure 24: Global: Silicones Market (Applications in Energy) Sales Volume (in Million Tons), 2017 & 2022
Figure 25: North America: Silicones Market: Sales Volume (in Million Tons), 2010, 2017 & 2023
Figure 26: Europe: Silicones Market: Sales Volume (in Million Tons), 2010, 2017 & 2023
Figure 27: Asia Pacific: Silicones Market: Sales Volume (in Million Tons), 2010, 2017 & 2023
Figure 28: Latin America: Silicones Market: Sales Volume (in Million Tons), 2010, 2017 & 2023
Figure 29: Middle East and Africa: Silicones Market: Sales Volume (in Million Tons), 2010, 2017 & 2023
Figure 30: Global: Silicon Metal Market: Consumption Volume (in Million Tons), 2010-2017
Figure 31: Global: Silicon Metal Market: (in US$/Ton), 2010-2017
Figure 32: Silicon Metal Market Forecast: Consumption Volume Trends (in Million Tons), 2018-2023
Figure 33: Global: Silicon Metal Market: Breakup by Region (in %)
Figure 34: Global: Silicon Metal Market: Breakup by End-Use (in %)
Figure 35: Silicones Manufacturing: Process Flow
List of Tables
Table 1: Silicones: General Properties
Table 2: Global: Silicones Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Silicones Market Forecast: Breakup by Type (in Million Tons), 2018-2023
Table 4: Global: Silicones Market Forecast: Breakup by Application (in Million Tons), 2018-2023
Table 5: Global: Silicones Market Forecast: Breakup by Region (in Million Tons), 2018-2023
Table 6: Silicones: Raw Material Requirements
Table 7: Global: Silicones Market Structure
Table 8: Global: Silicones Market: Key Players