Global Silicone Film Market to 2023 - High Growth Opportunities in Emerging Economies of APAC
DUBLIN, Jan. 11, 2019 /PRNewswire/ --
The "Silicone Film Market by Type (Silicone Film, Silicone Coated Film, and Silicone Release Liners), End-Use Industry, and Region (APAC, Europe, North America, Middle East & Africa, and South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The market size of silicone film is estimated to be USD 794 million in 2018 and is projected to reach USD 1,087 million by 2023, at a CAGR of 6.5% from 2018 to 2023.
The growth of the market is attributed to the high growth of end-use industries consuming silicone film. Another factor driving the market is the superior properties of silicone films. However, the high manufacturing cost is restraining the growth of the market. Also, stringent regulatory policies related to manufacturing and use of silicone film especially in medical devices is the major challenge, which, in turn, has affected the growth of the market.
The silicone release liners type segment is projected to register the higher CAGR during the forecast period.
Silicone release liners are expected to be the fastest-growing type of silicone film owing to their increasing demand in several end-use industries. Silicone is the most commonly used release coating material due to its ability to offer a number of desirable performance characteristics, such as a distinct silicon-oxygen bond, ultra-low surface energy, and high gas permeability. Silicone is used in release liners as it helps provide resistance to slip, moisture, and abrasion, improved adhesion, gloss, foam control, and anti-blocking properties. The use of silicone-based materials also increases the durability of release liners such as LDPE liners and HDPE liners.
Electronics to be the largest end-use industry of silicone film in terms of volume and value.
The key properties of silicone films, such as hydrophobicity, high dielectric breakdown, resistance to high and low temperatures enable them to be used in critical and harsh environments in the electronics end-use industry. Silicone films are used in various applications such as smart sensors, automotive electronics, actuators, photovoltaics, and generators.
APAC is projected to be the largest silicone film market, in terms of volume, during the forecast period.
APAC is projected to register rapid growth in the silicone film market due to the increasing demand from end-use industries, namely, electronics, medical, packaging, and others. It is also the fastest-growing silicone film market in terms of both production and demand. Higher domestic demand along with easy availability of raw materials and low-cost labor make APAC the most preferred destination for the silicone film manufacturers.
Manufacturers focus on this region to gain a significant market share and increase profitability. These factors are attracting companies to adopt expansions and R&D in this region. China and India are among the fastest-growing economies, globally. The presence of developing manufacturing sector in these economies is projected to boost the silicone film market in the region.
The report profiles several leading players of the silicone film market that include Wacker Chemie (Germany), Mitsubishi Chemical Corporation (Japan), Elkem (Norway), DowDuPont (US), Momentive Performance Materials (US), Loparex (US), Toray Advanced Film (Japan), Siliconature (Italy), Polyplex (India), Sappi Limited (South Africa).
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Silicone Film Market
4.2 Silicone Film Market, By End-Use Industry
4.3 APAC Silicone Film Market, By Type
4.4 APAC Silicone Film Market, By End-Use and Country
4.5 Silicone Film Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Superior Properties of the Silicone Film
5.2.1.2 High Growth of End-Use Industries Consuming Silicone Film
5.2.2 Restraints
5.2.2.1 High Manufacturing Cost
5.2.3 Opportunities
5.2.3.1 High Growth Opportunities in Emerging Economies of APAC
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Policies
5.3 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of Substitutes
5.3.4 Threat of New Entrants
5.3.5 Intensity of Competitive Rivalry
6 Silicone Film, By Type
6.1 Introduction
6.2 Silicone Film
6.2.1.1 Use of Silicone Film as A Masking Material, Cushion Material, and Sheets for Heat Press to Propel the Growth of the Market
6.3 Silicone Coated Film
6.3.1 Pet Siliconized Film
6.3.1.1 High Temperature Resistance and Excellent Barrier Properties are Expected to Drive the Pet Siliconized Film Market
6.3.2 Pe Siliconized Film
6.3.2.1 Excellent Flexibility & Elongation Coupled With Smoothness, and Visual Optical Clarity are the Noteworthy Properties of Siliconized Pe Film
6.3.3 Pp Siliconized Film
6.3.3.1 Major Application Areas of Pp Siliconized Film Consists of Label Stock and Tapes
6.3.4 Others
6.4 Silicone Release Liners
6.4.1 Low-Density Polyethylene (LDPE)
6.4.1.1 Medical, Packaging and Electronics are the Major End-Use Industries for LDPE Silicone Release Liners
6.4.2 High-Density Polyethylene (HDPE)
6.4.2.1 Low Coefficient of Friction, Excellent Slip Resistance, and Release Properties to Drive the Market of HDPE Silicone Release Liner
6.4.3 Others
7 Silicone Film Market, By End-Use Industry
7.1 Introduction
7.2 Electronics
7.2.1 Silicone Film are in High Demand in Smart Sensors, Automotive Electronics, Actuators, Photovoltaics, and Other Electronic Components
7.3 Medical
7.3.1 Properties of Silicone Film Such as Biocompatibility, Chemical Stability, and Flexibility Promotes Its Use in the Medical Industry
7.4 Industrial
7.4.1 High Tensile Strength, Flexibility, Transparency,And Electrical Insulation of Silicone Film Promotes Its Use in the Industrial Sector
7.5 Packaging
7.5.1 Use of Silicone as Protective Film in Food Packaging is Expected to Fuel the Demand
7.6 Others
7.6.1 Automotive
7.6.2 Consumer Industry
8 Silicone Film Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 Silicone Film has A High Demand in the US Due to the Expanding End-Use Industries
8.2.2 Canada
8.2.2.1 High R&D Activities in the Healthcare Industry are Expected to Drive the Consumption of Silicone Film Subsequently
8.2.3 Mexico
8.2.3.1 Rapid Economic Expansion in Mexico is Expected to Drive the Market
8.3 Europe
8.3.1 Germany
8.3.1.1 The Market Growth is Primarily Attributed to the Rising Demand for Silicone Film in the Electronics, Medical, and Packaging Industries
8.3.2 France
8.3.2.1 The Electronics End-Use Industry Segment Dominated the French Silicone Film Products Market
8.3.3 UK
8.3.3.1 R&D Initiatives are Being Undertaken in the UK to Study the Use of Silicone Film in the Electronics End-Use Industry
8.3.4 Italy
8.3.4.1 Increasing Demand for Silicone Film in the Medical Devices is Expected to Drive the Market
8.3.5 Spain
8.3.5.1 Spain is Expected to Register the Highest Growth Rate in the Silicone Film Market in Europe
8.3.6 Rest of Europe
8.4 APAC
8.4.1 China
8.4.1.1 Low-Cost Raw Material, Labor, and Land Coupled With A Moderately Stringent Regulatory Framework are Expected to Drive the Market
8.4.2 Japan
8.4.2.1 Demand for Healthcare-Related Services has Increased Significantly in Japan Due to Its Growing Aging Population
8.4.3 India
8.4.3.1 Growing Medical and Electronics End-Use Industries are Expected to Drive the Market for Silicone Film
8.4.4 South Korea
8.4.4.1 Government Investments and Research Activities are Expected to Drive the Silicone Film Market
8.4.5 Rest of APAC
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Current Government Fiscal Policies and the Growth of the Industrial Sector Have Increased the Consumption of Silicone Film
8.5.2 South Africa
8.5.2.1 Strong Manufacturing Base is Expected to Boost the Market for Silicone Film
8.5.3 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.1.1 Growing Electronics Industry in the Country has Resulted in an Increased Demand for Silicone Film
8.6.2 Argentina
8.6.2.1 Silicone Film is Expected to Have High Demand in the Electronics Industry
8.6.3 Rest of South America
9 Competitive Landscape
9.1 Overview
9.2 Ranking of Key Players
9.3 Competitive Scenario
9.3.1 New Product Launch, 2014-2018
9.3.2 Expansion, 2014-2018
9.3.3 Merger & Acquisition, 2014-2018
10 Company Profiles
10.1 Wacker Chemie
10.2 Mitsubishi Chemical Corporation
10.3 Elkem
10.4 Dowdupont
10.5 Momentive Performance Materials
10.6 Loparex
10.7 Toray Advanced Film
10.8 Siliconature
10.9 Polyplex
10.10 Sappi Limited
10.11 Other Players
10.11.1 Cheever Specialty Paper & Film
10.11.2 Tee Group Film
10.11.3 The Rubber Company
10.11.4 Garware Polyester Ltd.
10.11.5 Gascogne Group
10.11.6 Itasa
10.11.7 Rossella
10.11.8 SKC, Inc.
10.11.9 Rayven, Inc.
10.11.10 Infiana
10.11.11 SJA Film Technologies
10.11.12 Mitsui Chemicals Tohcello, Inc.
10.11.13 Deku
10.11.14 Saint-Gobain Performance Plastics
10.11.15 3m Company
For more information about this report visit https://www.researchandmarkets.com/research/v52s22/global_silicone?w=5
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