DALLAS, January 14, 2015 /PRNewswire/ --
The research report "Silicone Elastomers Market by Type (HTV, RTV, & LSR), by Process (Extrusion, Injection Molding, Compression Molding, & Others), & by Application (Automotive, E&E, Industrial Machinery, Consumer Goods & Others) - Global Forecast to 2019" report analyzes the global Silicone Elastomers Market with respect to market drivers, restraints, and opportunities in different regions.
Browse 88 Market Data Tables and 37 Figures spread through 180 Pages and in-depth TOC on "Silicone Elastomers Market".
Early buyers will receive 10% customization on this report.
The global silicone elastomers market is successfully penetrating the end-user industries. The end products are tailor-made as per the requirements of the end-user industries. The Asia-Pacific region is the fastest-growing segment of the global Silicone Elastomers Market. This growth is mainly attributed by heavy investment across industries, such as automotive, electrical & electronics, healthcare, and consumer goods. The Asia-Pacific and ROW markets are estimated to grow in the next five years while the allied industries are projected to stabilize the overall business need in the respective regions.
R&D is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of silicone elastomers applications to replace natural rubber and other rubbers substitute and match the new demands coming from various types of applications.
Asia-Pacific is the largest market, both in terms of volume and value, followed by Europe. China, India, South Korea, Brazil, and Middle-East are projected to continue being successful Silicone elastomers markets. The key players in this market are Dow Corning Corporation (U.S.), Wacker Chemie A.G. (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co., Ltd (Japan), China National Bluestar Group (China), Wynca Group (China), Mesgo S.p.A. (Italy), and Speciality Silicone Products Inc.(U.S.).
The Asia-Pacific (China, India, Japan and South Korea) and ROW regions such as Middle East and Brazil, will host the future global events would supplement the growth of silicone elastomers in different applications.
For Further Inquiries:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=6310524
The silicone elastomers demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, new products launch, expansions, agreements & collaboration and research and developments of the leading global companies.
The current market size of the silicone elastomers in terms of value was estimated to be about $6,500.60 million in 2013 and is projected to reach $11,014.26 million by 2019, growing at a CAGR of 9.28% between 2014 and 2019. The high demand across the industries, such as automotive, electrical & electronics, healthcare and others will increase the overall silicone elastomers consumption.
Browse Related Reports:
Thermoplastic Elastomers Market By Types (SBC, TPO, TPV, TPU, COPE, PEBA), Applications & Geography - Trends & Forecasts To 2018
Global Silicone Market by Type, Application & Geography - Forecasts up to 2017
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets