Posts

Showing posts with the label silicone elastomers

Global Silicones Market to Reach 3.1 Million Metric Tons by 2026 - COVID-19 Impact Analysis (2019-2025) by Industry Experts, Inc.

Image
Industry Experts, Inc. published an updated 2020 version of the market research report on Silicones. The new report entitled " Global Silicones Market – Products and Applications " discusses how the COVID-19 Pandemic influences the market for Silicones. The impact of COVID-19 pandemic on silicones demand is expected to differ in intensity depending on their end-use application. Sharpest declines would be expected in silicones for transportation, paper & textiles and energy sectors. Demand for silicones in construction and personal care & consumer applications, although declining year over year, is expected to be somewhat better compared to other applications. On the other hand, demand for silicones is expected to be robust in medical & healthcare applications. Asia-Pacific is the largest region for the global silicones market, cornering an estimate share of 52.3% in 2019, followed by North America with 510 thousand metric tons in the same year. Asia-Pacific is ...

Asia-Pacific Spearheads Silicones Market and Accounts for Over Half of Global Market that is Projected to Exceed 3 Million Metric Tons by 2025 - Market Report (2019-2025) by Industry Experts, Inc.

Image
The new global market research report on Silicones is published by one of the prominent market research companies, Industry Experts Inc. The new report entitled " Global Silicones Market – Products and Applications " estimates the past and current market along with future demand forecast for global and major regional markets. Versatile features of silicones make them ideal materials for the use in number of diverse applications including construction, electrical & electronics, energy, transportation, personal care, paper & textiles and others comprising healthcare. Silicones demand growth is primarily attributed by their increasing usage in construction applications globally, also the high demand for applications in transportation, healthcare and new energy sectors. Construction sector leads the global volume market for silicones, forecast to be 639 thousand metric tons valued at US$3.4 billion in 2019, which is projected to reach 823 thousand metric tons by 2025...