Silicones Market Size, Share, Price, Trends, Growth, Analysis, Key Players ExpertMarketResearch.Com

SHERIDAN, Wyo. - Dec. 18, 2020 - PRLog -- The new report by Expert Market Research titled, 'Global Silicones Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026', gives an in-depth analysis of the global silicones market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

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The key highlights of the report include:

Market Overview (2015-2025)

• Historical Market Size (2019): 6.7 Million Metric Tons (Production Volume)
• Forecast CAGR (2020-2025): 5% (Demand)
• Forecast Market Size (2025): 4 Million Metric Tons (Demand)

The rising demand for cosmetics globally is enabling the silicones market to expand. Because silicone-based materials, such as sealants, adhesives, and protective coatings, are solid, durable, and resistant to weather, they are widely used in construction activities.

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Industry Definition and Major Segments

On the basis of types, the industry is divided into:

• Elastomers
• Fluids
• Gels
• Resins

Based on applications, the market is segmented into:

• Industrial Process
• Construction Materials
• Home and Personal Care
• Transportation
• Energy
• Healthcare
• Electronics
• Others

Key Market Players

The major players in the market are Elkem Silicones, Dow Chemical Company, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., and Ferroglobe PLC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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