Silicones Market by Material Type, End-User Industry - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

List of Tables

The Global Silicones Market is forecasted to grow significantly, with a projected USD 19.54 billion in 2023 at a CAGR of 8.23% and expected to reach a staggering USD 34.15 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Silicones Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Silicones Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Material Type, market is studied across Adhesives, Elastomers, Emulsions, Fluids, Gels, Resins, and Silicone Greases. The Elastomers is further studied across High Temperature Vulcanized (HTV), Liquid Silicone Rubber (LSR), and Room Temperature Vulcanized (RTV). The Fluids is further studied across Modified Silicone Fluids and Straight Silicone Fluids. The Resins is further studied across Methyl silicone resins and Phenyl silicone resins. The Adhesives commanded largest market share of 21.69% in 2022, followed by Emulsions.

Based on End-User Industry, market is studied across Building & Construction, Electronics, Energy, Healthcare, Manufacturing, Personal Care & Consumer Products, and Transportation. The Transportation commanded largest market share of 19.59% in 2022, followed by Building & Construction.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.56% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Silicones Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Silicones Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Silicones Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Silicones Market?

4. What is the competitive strategic window for opportunities in the Global Silicones Market?

5. What are the technology trends and regulatory frameworks in the Global Silicones Market?

6. What is the market share of the leading vendors in the Global Silicones Market?

7. What modes and strategic moves are considered suitable for entering the Global Silicones Market?

Product Code: MRR-434CCDA047A5

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Silicones Market, by Material Type, 2022 vs 2030
4.3. Silicones Market, by End-User Industry, 2022 vs 2030
4.4. Silicones Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increased use of silicones in building & construction and transportation industries
  - 5.1.1.2. Rising adoption of silicone in the electrical & electronic industry and the growing renewable sector
  - 5.1.1.3. Growing demand for silicones in RTV adhesives and as an antifoaming agent in industrial processess
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with silicones
- 5.1.3. Opportunities
  - 5.1.3.1. Rising awareness and use of liquid silicone rubber in manufacturing
  - 5.1.3.2. Emerging utilization of antimicrobial silicones elastomers in healthcare industry
- 5.1.4. Challenges
  - 5.1.4.1. Adverse health impact related to silicones
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Silicones Market, by Material Type

6.1. Introduction
6.2. Adhesives
6.3. Elastomers
- 6.3.1. High Temperature Vulcanized (HTV)
- 6.3.2. Liquid Silicone Rubber (LSR)
- 6.3.3. Room Temperature Vulcanized (RTV)
6.4. Emulsions
6.5. Fluids
- 6.5.1. Modified Silicone Fluids
- 6.5.2. Straight Silicone Fluids
6.6. Gels
6.7. Resins
- 6.7.1. Methyl silicone resins
- 6.7.2. Phenyl silicone resins
6.8. Silicone Greases

7. Silicones Market, by End-User Industry

7.1. Introduction
7.2. Building & Construction
7.3. Electronics
7.4. Energy
7.5. Healthcare
7.6. Manufacturing
7.7. Personal Care & Consumer Products
7.8. Transportation

8. Americas Silicones Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Silicones Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Silicones Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. Semperit Group announces the acquisition of Austrian Rico Group GmbH
  - 11.3.1.2. Minnesota Rubber and Plastics acquires Primasil Silicones
- 11.3.2. New Product Launch & Enhancement
  - 11.3.2.1. Dow expands portfolio of silicone-based products for photovoltaic assembly
  - 11.3.2.2. Shin-Etsu Silicones unveils anhydrous silicone emulsion system
  - 11.3.2.3. Dow launches selective adhesion liquid silicone rubber series
- 11.3.3. Investment & Funding
  - 11.3.3.1. Elkem receives funding for silicone expansion
  - 11.3.3.2. Shin-Etsu Chemical to make an over USD 0.69 billion capacity-expansion investment mainly for its silicones advanced functional products line
- 11.3.4. Award, Recognition, & Expansion
  - 11.3.4.1. Elkem Celebrates Grand Opening of New Medical Grade Silicones Facility
  - 11.3.4.2. Wacker opens new production site for silicones in India

12. List of Company Mentioned

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing