Report Ocean has recently published the “Silicone in Electrical and Electronics Market“ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
The market for silicone in electrical and electronics industry has witnessed a rapid growth in the past due to growth of electronics industry and increase in usage of silicone products by end use, such as automotive, consumer electronics, and telecommunication. The global silicone in electrical and electronics market was valued at $1,708 million in 2016, and is projected to reach $2,644 million by 2023, growing at a CAGR of 6.4% from 2017 to 2023. This is due to rapid growth of end use industries, increase in demand for silicone in electrical and electronics industry, and rapid consumption of silicone products.
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Silicones are durable materials that resist decay caused due to several adverse conditions, such as electromagnetic disturbances, moisture, and sunlight. Silicones bond with multiple materials, such as aluminum, steel, and plastics. Moreover, they have effectively proven to prevent humidity and hot & cold air in temperature-sensitive electronics, such as air conditioners and refrigerators. In addition, silicon rubbers are used in electronics industry, owing to its application of sealing, gasketing, and affixing components.
Currently, the global silicone in electrical and electronics market witnesses a wide range of opportunities, owing to the increase in demand for silicone products among consumers. Moreover, increase in the use of silicone sealants & adhesives in consumer electronics enhances the weathering, radiation, and chemical resistance. Furthermore, rise in expenditure toward improvement of automotive & telecommunication structures in emerging markets, such as China, India, and Korea, augments the use of silicone in the form of gaskets, sealants, and waterproofing materials in electronic applications. In addition, shear stability, low volatility, and lesser surface tension properties make silicone fluids and elastomers ideal for electronics industry.
The global silicon in electronics market is segmented based on type, end use, and geography. Based on type, it is classified into fluids, elastomers, resins, and gels. The fluids segment dominated the global market in 2016, and is anticipated to maintain its dominance throughout the forecast period. Based on end use, the market is categorized into automotive, consumer electronics, telecommunications and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for nearly one-third share of the total revenue in 2016, followed by Europe and Asia-Pacific.
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KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis and qualitative & quantitative analysis of the current and emerging market trends, estimations, and opportunities in the global silicone in electrical and electronics industry during the forecast period.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided in the report.
Comprehensive regional analysis of the market based on primary & secondary sources is provided.
Extensive analysis of the market is conducted by following key product benchmarking, positioning, and by monitoring the top competitors.
The report provides extensive qualitative insights on the significant segments or regions.
It provides key insights on strategic analysis of various companies and value chain analysis of the market.
Key market players have invested largely in R&D activities to develop advanced products to cater to the demand for end users. The major players in the silicon in electronics market include:
Silchem, Inc.
ICM Products, Inc.
Speciality Silicone Products Incorporated
Wacker-Chemie GmbH
Evonik Industries AG
Hutchinson
Kemira Oyj
Quantum Silicones
Kaneka Corporation
The Dow Corning Corporation
Other players in the value chain (profiles not included in the report) include:
Mesgo S.P.A.
Zhejiang Xinan Chemical Industrial Group Co., Ltd.
Reiss Manufacturing Inc.
KCC Corporation
Shin-Etsu Chemical Co., Ltd.
Momentive Performance Materials Inc.
Ashland Incorporated
CRI-SIL Silicone Technologies, LLC.
CSL Silicones Incorporated
Elkay SIlicones
CHS incorporation
Silicone in Electrical and Electronics Market Key Segments:
By Type
Fluids
Elastomers
Resins
Gels
By End Use Industry
Automotive
Consumer Electronics
Telecommunications
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Korea
Rest of Asia-Pacific
LAMEA
Brazil
KSA
South Africa
Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
What Are the Key Data Covered in This Market Report?
- The report may provide data on the current market size, historical data for previous years, and projections for future growth.
- This data may be presented in terms of revenue, market share, or other relevant metrics.
- The report may include data on the segmentation of the market based on various factors such as product type, application, end-user industry, and geography.
- This data helps to understand the market dynamics within different segments
- The report may highlight key trends and drivers that are shaping the market. This can include technological advancements, regulatory changes, consumer behavior, and industry developments.
- Data on these trends and drivers can provide insights into the factors influencing market growth.
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- This data helps to assess the competitive intensity and market positioning of different companies operating in the market.
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- Data on these challenges and opportunities can inform business decisions and strategies.
- The report may provide data on the market performance and trends in different regions or countries. This can include data on market size, growth rate, and key players in each region.
- Regional data helps to understand market dynamics at a local level.
- The report may include data on consumer behavior, preferences, and buying patterns related to patient engagement solutions.
- This data can provide insights into customer needs and expectations, helping businesses tailor their offerings accordingly.
- The report may provide forecasts for the future of the market based on historical data, market trends, and other factors.
- This data helps stakeholders understand the potential growth and opportunities in the market.
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
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