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Silicone Elastomers Market Share

Report ID: GMI361
Published Date: Sep 2024
Report Format: PDF

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Silicone Elastomers Market Share

Companies are actively engaged in investing in research and development, expanding their product portfolios, and forming strategic partnerships to strengthen their market position.

Silicone Elastomers Market Companies

The global silicone elastomer industry includes key players such as

China National BlueStar (Group) Co., Ltd.
The Dow Chemical Company
KCC Corporation
Mesgo S.P.A.
Momentive Performance Materials Inc.
Shin-Etsu Chemical Co., Ltd.
Reiss Manufacturing Inc.
Wacker Chemie AG
Zhejiang Xinan Chemical Industrial Group Co., Ltd.
Stockwell Elastomerics
Specialty Silicone Products, Inc.
Elkem ASA
Avantor, Inc.
Nano Tech Chemical Brothers Pvt. Ltd.
Silicone Engineering Ltd.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global market size for silicone elastomers accounted for USD 12.8 billion in 2023 and will register 6.40% CAGR from 2024 to 2032, driven by the increasing demand across various end-use industries, including automotive, electronics, healthcare, and construction.

The liquid silicone rubber (LSR) segment of silicone elastomers industry is expected to reach over USD 8 billion by 2032, driven by its versatility and ease of processing.

North America silicone elastomers market size will exceed USD 4.2 billion by 2032, owing to well-established automotive, healthcare, and electronics industries, along with ongoing technological advancements.

Momentive Performance Materials Inc., Shin-Etsu Chemical Co., KCC Corporation, Ltd., Reiss Manufacturing Inc., Stockwell Elastomerics, Dow Corning Corporation, China National BlueStar (Group) Co., Ltd., and Mesgo S.P.A.