Report Synopsis
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 also forecast to lead the growth of global silicones market at a 2019-2026 CAGR of 4.7% to reach 1.7 million metric tons by 2026. Overall Silicones market is estimated to reach 2.2 million metric tons in 2020.

Research Findings &Coverage
  • Worldwide market for Silicones is analyzed in this report with respect to product types and applications
  • Silicones’ market size is reported in this study by silicone product types and applications across all major countries
  • European Silicone Industry to be Subject to Impending Regulations
  • Silicones Proving Highly Reliable for Clean Energy Applications
  • Silicone Biocompatibility a Boon for the Healthcare Industry
  • Automotive Applications of Silicones Gain Traction
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled – 69
  • The industry guide includes the contact details for 140 companies 

Product Outline
The report analyzes the market for the following key product types of Silicones:
  • Silicone Elastomers
  • Silicone Fluids
  • Silicone Resins
  • Other Silicones

The market for major applications of Silicones explored in this report comprise the following:
  • Construction
  • Electricals & Electronics
  • Energy    
  • Transportation
  • Personal Care & Consumer
  • Healthcare    
  •  Chemicals & Plastics
  •  Oil & Gas    
  • Industrial Machinery
  • Paper & Textiles
  • Other Applications

Analysis Period, Units and Growth Rates
  • The report reviews, analyzes and projects the global Silicones market for the period 2017-2026 in terms of volume in metric tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2019 through 2026

Geographic Coverage
  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, Russia, Spain, the United Kingdom and Rest of Europe)
  • Asia-Pacific (China, India, Indonesia, Japan, South Korea, Taiwan and Rest of Asia-Pacific)
  • South America (Brazil and Rest of South America)
  • Rest of World (Turkey, UAE and Other Rest of World)