Dublin, June 14, 2022 (GLOBE NEWSWIRE) — The “Silicone Elastomers Market by Type (HTV, RTV, LSR), by Process (Extrusion, Liquid Injection Molding, Injection Molding), End-Use Industry ( Building & Construction, Electrical & Electronics, Automotive & Transportation) & Region – Global Forecast to 2027″ report has been added to from ResearchAndMarkets.com offer.
The silicone elastomers market is expected to reach USD 13.5 billion by 2027 with a CAGR of 7.4% during the forecast period.
Silicone elastomers are mainly used in the manufacture of electrical insulation materials. They are also used in the aeronautical industry for the production of insulating layers and high temperature air ducts. Some silicone elastomers are also used in the manufacture of sealants. Their physiological inertness makes them suitable for use in healthcare, particularly for blood transfusions and artificial heart valves and various prosthetic devices.
By type, medical grade LSR is expected to be the fastest growing segment for the silicone elastomers market over the forecast period.
Silicone rubber is a preferred material in the pharmaceutical industry due to its inherent properties such as non-reactivity, stability and resistance to extreme environments, compression and bacterial growth, and extreme temperature ranges. Silicone can operate in temperature ranges from -150oF to 482oF. It is typically used for static sealing applications. LSR material is widely used by medical device manufacturers due to its excellent properties such as biocompatibility, better part quality, and its potential to reduce the risk of contamination during the manufacturing process.
Liquid injection molding is expected to be the second fastest growing process for the silicone elastomers market over the forecast period, in terms of value.
Liquid injection molding involves extruding unvulcanized preform rubber through a cylinder into a closed, heated mold. The process requires short molding cycles and does not require any preparation or trimming with the proper mold design. It is ideal for products requiring close dimensional tolerances and uniformity and is used with HCR and FSR. All these factors are driving the demand for liquid injection molding in various applications.
Healthcare is expected to be the fastest growing end-use industry for the silicone elastomers market over the forecast period, in terms of value.
Silicone elastomers are widely used in the healthcare industry due to their versatility, biocompatibility, low surface tension, high permeability and pressure sensitive properties. They are also used as seals, valves, catheters, hearing aid microphone stands, tubing connectors, surgical instrument handles, breathing tubes, syringe seals, chemotherapy cooling caps, ventilation masks and ventilation bags.
Based on regions, Asia-Pacific was the largest silicone elastomers market in 2021, by volume.
Asia-Pacific was the largest market for silicone elastomers in 2021, in terms of volume. Strong demand in the region is attributed to increased demand from automotive, consumer goods, packaging, medical, electrical and electronics industries, as well as improved the economic situation of the region. Industrial growth in the Asia-Pacific region is driven by increasing urbanization, which has led to increased demand for injection molding processes in various end-use industries.
Main topics covered:
2 Research methodology
3 Executive summary
4 premium previews
4.1 Attractive Opportunities in the Silicone Elastomers Market
4.2 Silicone Elastomers Market Size, by Region
4.3 Asia-Pacific Silicone Elastomers Market, by End-Use Industry and Country (2021)
4.4 Silicone Elastomers Market Size, by Process
4.5 Silicone Elastomers Market Size by Type and Region
4.6 Silicone Elastomers Market, by Key Countries
5 Market Overview
5.2 Market Dynamics
22.214.171.124 Superior properties of silicone elastomers
126.96.36.199 The aging population is fueling demand from the health sector
188.8.131.52 High Demand for Silicone Elastomers in Electrical and Electronic Industry
184.108.40.206 Stagnant growth in developed countries
220.127.116.11 Antimicrobial Silicone Elastomers for the Healthcare Industry
18.104.22.168 Conductive elastomers for electrical applications
22.214.171.124 Highly transparent silicone elastomers for optical applications
126.96.36.199 Increase in demand for automobiles
188.8.131.52 Fluctuation in commodity prices
5.3 Porter’s Five Forces Analysis
5.4 Key Players and Purchase Criteria
5.4.1 Main players in the purchasing process
5.4.2 Purchase criteria
5.5 Macroeconomic indicators
5.5.1 GDP Trends and Forecasts for Major Economies
5.6 Impact of COVID-19
5.6.2 COVID-19 Health Assessment
5.6.3 Economic assessment of COVID-19
5.7 Impact of COVID-19: Customer Analysis
6 industry trends
6.1 Supply Chain Analysis
6.1.1 Raw materials
6.1.2 Silicone Elastomeric Manufacturers
6.1.3 Distribution network
6.1.4 End-use industry
6.2 Silicone Elastomers Market: Realistic, Pessimistic, Optimistic and Non-COVID-19 Scenarios
6.2.1 Non-COVID-19 scenario
6.2.2 Optimistic scenario
6.2.3 Pessimistic scenario
6.2.4 Realistic scenario
6.3 Trends/disruptions affecting customer business
6.3.1 Revenue Shift and Revenue Pockets for Silicone Elastomers
6.4 Connected markets: ecosystem
6.5 Technology Analysis
6.5.1 Advantages of silicone elastomers
6.5.2 Disadvantages of silicone elastomers
6.5.3 Silicone Elastomers Benchmarking
6.6 Analysis of case studies
6.6.1 Case study on the use of silicone elastomers to seal, bond and protect sensitive electronic parts in hybrid and electric vehicles
6.7 Trade data statistics
6.7.1 Silicone Elastomers Import Scenario
6.7.2 Silicone Elastomers Export Scenario
6.8 Price Analysis
6.8.1 Key Players Average Selling Price, by End-Use Industry
6.8.2 Average selling price trend
6.9 Key Conferences and Events in 2022-2023
6.10 Pricing and regulatory landscape
6.10.1 Regulatory bodies, government agencies and other organizations
6.11.3 European Union
6.12 Patent Analysis
6.12.2 Document type
6.12.3 Jurisdictional analysis
6.12.4 Main candidates
7 Silicone Elastomers Market, by Type
7.2 High temperature/high consistency (Htv) vulcanized rubber
7.2.1 Asia Pacific is the fastest growing market for Htv Silicone Elastomers
7.3 Vulcanization at room temperature
7.3.1 Flexibility in Molding, Easy Handling and Stability to Propel Segment Growth
7.4 Liquid silicone rubber
7.4.1 Biocompatibility, Ease of Processing and Flexibility Drive Demand for Lsr
7.4.2 Industrial grade liquid silicone rubber
184.108.40.206 Population growth and purchasing power drive demand
7.4.3 Medical grade liquid silicone rubber
220.127.116.11 Health and Safety Regulations for Medical Grade Liquid Silicone Rubber Pipe
7.4.4 Food grade liquid silicone rubber
18.104.22.168 Growing Industrial Base for Food and Rapid Urbanization to Propel Demand for Food Grade Lsr
8 Silicone Elastomers Market, By Process
8.2.1 Construction Industry Will Drive Demand for Silicone Elastomer Products
8.3 Liquid injection molding
8.3.1 Low Production Price per Piece to Fuel Liquid Injection Molding Demand
8.4 Injection molding
8.4.1 Automotive, Electronics and Packaging Industries Driver Market for This Segment
8.5 Compression molding
8.5.1 Low Wastage and Ability to Mold Large Parts Fuel Demand for Compression Molding
9 Silicone Elastomers Market, By End-Use Industry
9.2 Automotive and transportation
9.2.1 Shift to electric mobility to drive demand
9.3 Electricity and electronics
9.3.1 Superior properties of silicone elastomers to boost use in electrical and electronics industry
9.4.1 Increased Awareness of Hygiene and Safety to Drive Demand in Healthcare Sector
9.5 Consumer Goods
9.5.1 Rising Demand for Consumer Products to Propel Market Growth
9.6 Building and Construction
9.6.1 Resumption of construction activities to boost demand during the forecast period
9.7.1 Asia Pacific is the Largest Market for Silicone Elastomers in Foam
10 Silicone Elastomers Market, by Region
11 Competitive landscape
11.2 Strategies Adopted by Key Players
11.3 Market Share Analysis
11.3.1 Major Market Players Ranking, 2021
11.3.2 Market Share of Key Players
22.214.171.124 Dow Inc.
126.96.36.199 Wacker Chemistry Ag
188.8.131.52 Momentive Performance Materials Inc.
184.108.40.206 Shin-Etsu Chemical Co., Ltd.
220.127.116.11 China National Bluestar (Group) Co., Ltd.
11.3.3 Top Five Players Revenue Analysis
11.4 Company Product Footprint Analysis
11.5 Business Rating Quadrant (Level 1)
11.5.2 Emerging Leaders
11.6 Competitive Benchmarking
11.7 Quadrant for assessment of start-ups/SMEs
11.7.1 Sensitive companies
11.7.2 Starting Blocks
11.8 Competitive Situations and Trends
11.8.1 New Product Launches
11.8.3 Other developments
12 company profiles
12.1 Key Players
12.1.1 Dow Inc.
12.1.2 Wacker Chemicals AG
12.1.3 Momentive Performance Materials Inc.
12.1.4 Shin-Etsu Chemical Co., Ltd.
12.1.5 China National Bluestar (Group) Co, Ltd.
12.1.6 Rogers Corporation
12.1.7 Cabot Company
12.1.8 Reiss Manufacturing Inc.
12.1.9 Mesgo SPA
12.1.10 Cht Germany GmbH
12.1.11 Belloframe silicones
12.1.12 Ab Specialty Silicones, LLC
12.1.13 Specialty Silicone Products, Inc.
12.2 Actors of start-ups/SMEs
12.2.1 Dupont De Nemours, Inc.
12.2.2 Avantor, Inc.
12.2.3 Silicone Solutions, Inc.
12.2.4 Zhejiang Xinan Chemical Industrial Group Co., Ltd.
12.2.5 Ravago Petrokimiya Uretim AS
12.2.6 Shenzhen Hong Je Yi Technology
12.2.7 Jiangshan Sunoit Performance Material Science Co.,Ltd
12.2.8 Polysil silicone material
12.2.9 Shanghai Rich Chemical New Material Co., Ltd
12.2.10 Nano Tech Chemical Brothers
12.2.11 Shenzhen Yijiasan Silicone Co., Ltd.
12.2.12 Shenzhen Genvan Silicone Materials Co.,Ltd
13 adjacent and related markets
For more information about this report visit https://www.researchandmarkets.com/r/psnilh
silicone elastomers market