Silicone Market Growing at 6% CAGR to 2020 With Asia-Pacific Leading Global Silicone Growth

PUNE, India, October 7, 2015 /PRNewswire/ --

Global silicone market is dominated by Asia-Pacific and forecasts till 2020 say APAC along with Europe and South America are the fastest-growing regions in the coming decade as end-use industry in silicone market.

Complete report on silicone market spread across 207 pages, profiling 24 companies and supported with 130 tables and 65 figures is now available at http://www.reportsnreports.com/reports/192520-global-silicone-market-by-type-application-geography-forecasts-up-to-2017.html

The building & construction application is the fastest-growing end-use industry of silicones. Asia-Pacific and Europe are currently the largest silicone markets for the building & construction application that accounted for a share of about 40.2% and 29.5% of the total silicone market size in 2014. To meet this growing demand, key manufacturers from Asia-pacific and Europe are now focusing on the North American silicone market. The demand for silicone in this region is projected to register a CAGR of 6.8% by volume between 2015 and 2020.

An increase in the demand for silicones in composite applications has been observed in the Asia-Pacific region due to its low prices and wide variety of applications. Also, production facilities of silicones are majorly concentrated in Asia-Pacific which is driving the continuous growth and innovation in the silicone market, this market is projected to ascertain a significant growth in the coming years. The report estimates the market size of silicone for 2015 and projects the demand of the same by 2020. The market research study provides a detailed qualitative and quantitative analysis of the silicone market. Various secondary sources have been used, such as encyclopedia, directories, and databases to identify and assemble information useful for this extensive commercial study of the silicone market. The primary sources including experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the silicone market. Order a copy of Silicone Market by Type (Elastomers, Fluids, Resins, Gels & Other Products) by Application (Building & Construction, Chemical Industry, Medical & Personal Care, Automotive & Transportation, Plastics, Electrical & Electronics, Textile, Paper, Others) & by Region - Global Trends & Forecasts to 2020 market research report at http://www.reportsnreports.com/purchase.aspx?name=192520 .

The key companies of silicone market discussed in this research include 3M Company, Ashland Inc., BASF SE, Bluestar Silicones, Arkema SA., Chase Corporation, ICM Products, Emerald Performance Materials Llc, Evonik Industries AG, Gelest Inc., Jiangsu Hongda New Material Co. Ltd, Jiangxi Xing Huo Organic Silicon Factory, Kaneka Corporation, KCC Corporation, Momentive Performance Materials Inc., Nusil Technology, Rogers Corporation, Saint-Gobain, Shin-Etsu Chemical Company, Specialty Silicone Products Inc, The DOW Corning Corporation, The Sherwin-Williams Company, Wacker Chemie AG and Zhejiang Xinan Chemical Industry Group Co. Ltd. Ask for discount on this report priced US $ 4650 for a single user PDF at http://www.reportsnreports.com/contacts/discount.aspx?name=192520 .

On a related noted Silicone Fluid Market by Type (Straight Silicone, and Modified Silicone), and by End-Use Industry (Agriculture, Energy, Home Care, Personal Care, Textiles, and Others) - Global Forecast to 2020 research report says global market size by value of silicone fluid was estimated to be $5.2 billion in 2015 and is projected to grow at a CAGR of about 5.62% between 2015 and 2020. The data mentioned in the report are based on the global demand for silicone fluid. The key companies in Silicone Fluid market are Momentive Performance Materials Inc., Wacker Chemie Ag, Dow Corning Corporation, Shin-Etsu Corporation, KCC Basildon, Gelest Inc., ACC Silicones. And Siltech Corporation. This is a premium research report is available at http://www.reportsnreports.com/reports/344780-silicone-fluid-market-by-type-straight-silicone-and-modified-silicone-and-by-end-use-industry-agriculture-energy-home-care-personal-care-textiles-and-others-global-forecast-to-2020.html .

Explore more reports on chemicals market at http://www.reportsnreports.com/market-research/chemicals/ .

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