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Silicone Rubber Insulation Coating Market Share

Report ID: GMI6768
Published Date: Sep 2023
Report Format: PDF

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Silicone rubber insulation coating Market Share

Some of the major industry players operating in the silicone rubber insulation coating market are

Dow Corning Corporation (Now part of Dow Inc.)
Momentive Performance Materials Inc.
Shin-Etsu Chemical Co., Ltd.
Wacker Chemie AG
Evonik Industries AG
Elkem Silicones
KCC Corporation
Henkel AG & Co. KGaA
MG Chemicals
ACC Silicones Ltd.
Nusil Technology LLC (Now part of Avantor)
MPM Silicones, LLC
Silchem Silicone Chemicals
NuSil Technology Europe (Now part of Avantor)
Reiss Manufacturing, Inc.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for silicone rubber insulation coating was USD 3.5 billion in 2022 and will reach USD 5.9 billion by 2032 due to widespread usage in the electrical sector, particularly for high-voltage applications worldwide.

Silicone rubber insulation coating industry from the room temperature vulcanizing type segment recorded USD 2.4 billion in 2022 on account of their ease of application and the reduced need for special curing processes.

U.S. industry size for silicone rubber insulation coating reached USD 1.8 billion in 2022 owing to the need for weather resistance and building protection from harsh climates, including extreme temperatures and UV exposure.

Dow Corning Corporation (Now part of Dow Inc.), Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries AG, and Elkem Silicones are some of the major silicone rubber insulation coating companies worldwide.