Silicone Market – Global Forecast To 2030
실리콘 시장 – 유형(엘라스토머, 유체, 수지, 젤 및 기타), 최종 사용 산업(산업 공정, 건축 및 건설, 운송, 개인 관리 및 소비자, 전자, 의료 및 건강 관리, 에너지) 및 지역 – 2030년까지의 세계 예측
Silicone Market by Type (Elastomer, Fluid, Resin, Gel, & Other), End-use Industry (Industrial Process, Building & Construction, Transportation, Personal Care & Consumer, Electronic, Medical & Healthcare, Energy), and Region – Global Forecast to 2030
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2025년9월 |
| 페이지 수 | 333 |
| 도표 수 | 437 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
실리콘 시장은 2024년에 24,502.4백만 달러로 평가되었으며, 2030년까지 33,246.3백만 달러에 도달할 것으로 예상되며, 예측 기간 동안 5.2%의 CAGR로 성장할 것입니다.
실리콘에 대한 수요는 유연성, 강도 및 다양한 산업에서의 응용 분야로 인해 증가하고 있습니다. 실리콘은 점점 더 많은 도시화와 기반 시설을 견뎌내기 위해 건설 분야에서 실란트 및 접착제와 코팅에 사용됩니다. 자동차 산업은 전기 자동차 제조용 경량 부품, 개스킷 및 절연체에 실리콘을 포함하고 있습니다. 화장품 및 개인 관리 분야에서 실리콘은 제품에 부드럽고 끈적임 없는 질감과 매끄러운 느낌을 부여하여 소비자에게 인기를 얻고 있습니다. 실리콘은 전자 및 의료 산업의 열 관리, 단열 및 의료 응용 분야에 사용됩니다. 실리콘은 내구성이 뛰어나고 분해에 강하며 유지 관리가 필요 없기 때문에 지속 가능성 추세도 영향을 미칩니다. 일반적으로 빠른 산업화, 급속한 기술 개발, 그리고 고성능 및 신뢰할 수 있는 소재를 원하는 최종 사용자의 요구가 잠재적인 성장 동력입니다.
본 시장 조사는 다양한 부문에 걸쳐 실리콘 시장을 분석합니다. 유형, 최종 사용 산업 및 지역을 기준으로 각 부문의 시장 규모와 성장 잠재력을 예측하는 것을 목표로 합니다. 또한 주요 시장 참여 기업에 대한 심층적인 경쟁 분석을 통해 기업 프로필, 제품 및 사업 제안에 대한 통찰력, 최근 동향, 그리고 시장 지위 강화를 위한 주요 성장 전략을 제시합니다.
본 보고서는 시장 선도 기업과 신규 진입 기업이 전체 실리콘 시장과 그 세그먼트 및 하위 세그먼트의 매출 규모를 대략적으로 파악할 수 있도록 설계되었습니다. 이해관계자들이 경쟁 환경을 이해하고, 사업 입지를 강화하기 위한 통찰력을 확보하며, 효과적인 시장 진출 전략을 수립할 수 있도록 지원합니다. 또한, 주요 성장 동력, 과제, 그리고 기회에 대한 정보를 제공하여 이해관계자들에게 시장 동향을 파악하고자 합니다.
The silicone market was valued at USD 24,502.4 million in 2024 and is projected to reach USD 33,246.3 million by 2030, growing at a CAGR of 5.2% during the forecast period. Demand in silicones is increasing due to their flexibility, strength, and applications in the various industries. They are increasingly used in construction in sealants & adhesives and coatings to withstand increasing urbanization and infrastructure. The automotive industry is including silicones in lightweight parts, gaskets, and insulators for the manufacture of electric vehicles. In cosmetics and personal care, silicones can impart a soft, non-tacky texture and smooth feeling to a product, which contributes to their popularity with consumers. Silicones are used in thermal management, insulation, and medical applications in the electronics and healthcare industries. Sustainability trends also come into play since silicones are durable, degradation-resistant, and eliminate the need to engage in maintenance. In general, fast industrialization, rapid technological development, and the demands of end users who want high-performance and reliable materials are the potential growth drivers.
By type, fluid segment to account for second-largest market share during forecast period
The fluid segment of the silicone market is expected to hold second-largest share due to the extent to which it has been adopted in various industries. Silicone fluids, e.g., polydimethylsiloxane (PDMS) oils, are prized because of their low surface tensions combined with excellent lubricity and their high thermal stability. Silicone fluids are commonly used in the personal care and cosmetics industry as skin creams, deodorants, and hair care, to improve spread ability, sensory feel, and smoothness. Silicone fluids are used as lubricants in the industrial sector, as release agents and hydraulic fluids, as well as anti-foaming agents to ensure the efficiency of machinery used and the quality of their products. Silicone fluids are also used in the electronics industry as cooling and insulating air gaps on sensitive electronics, particularly high-performance parts. There is also increasing demand for the medical-grade silicones such as fluid-based formulations in tubing, coatings, and drug delivery systems that also drive the market. Stability and long lifespan also add to their attractiveness since silicone fluids perform well in extreme heat and are not affected by most chemicals. On the whole, the fluid segment is one of the key contributors to the global silicone market during the forecast period, due to its versatility, functional efficiency, and applications across industries.
By end-use industry, industrial process segment to account for second-largest market share during the forecast period
By end-use industry, the industrial process segment is expected to hold the second-largest share in the silicone market during the forecast period, owing to the wide applicability of this material and the operational benefits that it offers due to its use in industrial processes. Silicones have superior thermal stability, chemical resistance, and good lubrication properties in manufacturing processes. They find applications in the automotive and aerospace industries as sealants, coatings, and fluids to optimize the effectiveness of machinery and increase component life. In the electronics and electrical sector, silicones are used as insulators, thermal interface compounds and provide protective coatings, guaranteeing dependability in high heat and in stress environments. The construction/building industry also uses silicones to make sealants, adhesives, and anti-foaming products in construction processes related to the durability of infrastructure. Moreover, the current focus on environmental sustainability and operational efficiency in industrial firms has led to an augmented integration of silicones in operational optimization, maintenance operations, as well as in terms of the productivity of products. The industrial process segment is expected to support silicone growth over the forecast period due to its versatility across a variety of process environments, and regulatory approvals in key applications where their performance is critical to the process.
Asia Pacific to account for largest market share during forecast period
Asia Pacific is expected to command the largest share of the silicone industry over the forecast period with industrialization, urbanization, and consumer demand in various industries increasing at a rapid rate. Countries like China, Japan, South Korea, and India have been the main contributors and the growth in automotive, electronics, personal care, and construction business is also expanding. In the automotive industry, there has been an increase in the use of silicone sealants, gaskets, and fluids because of the trend toward adopting electric vehicles and lightweight parts. Silicone is also used extensively in the electronics industry in thermal management of heat sensitive hardware, to insulate and protect sensitive electronics. In personal care and cosmetics, increasing disposable income and changing customer trends are promoting the use of silicone-based formulations, such as hair and skin care products. Also, silicone sealants, adhesives, and coatings are assisted by government infrastructure projects and initiatives along with construction in the region. Silicones also substantiate their dominance in the region based on the availability of raw materials, cost advantages, and major custom silicone production companies in the region. Hence, robust industrial growth, technology usage, and a wide array of end-use applications are expected to make the Asia Pacific region the largest and the fastest-growing silicone market during the forecast period.
- By Company Type: Tier 1: 40%, Tier 2: 25%, Tier 3: 35%
- By Designation: C Level: 35%, Director Level: 30%, Others: 35%
- By Region: North America: 25%, Europe: 20%, Asia Pacific: 45%, Middle East & Africa: 5%, and South America: 5%
Companies Covered:
Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Elkem ASA (Norway), DOW (US), Momentive Performance Materials, Inc. (US), Gelest Inc. (US), Evonik Industries AG (Germany), Innospec Inc. (US), Specialty Silicone Products, Inc. (US), and Hesheng Silicon Industry Co., Ltd. (China) are some of the key players in the silicone market.
Research Coverage
The market study examines the silicone market across various segments. It aims to estimate the market size and growth potential in different segments based on type, end-use industry, and region. The study also features an in-depth competitive analysis of key market players, including their company profiles, product and business offering insights, recent developments, and key growth strategies to enhance their market positions.
Key Benefits of Buying the Report
The report is designed to help market leaders and new entrants approximate the revenue figures of the overall silicone market, along with its segments and subsegments. It aims to assist stakeholders in understanding the competitive landscape, gaining insights to strengthen their business positions, and developing effective go-to-market strategies. Additionally, the report seeks to provide stakeholders with a pulse on the market by offering information on key drivers, challenges, and opportunities.
The report provides insights into the following pointers:
- Analysis of key drivers (Rapid Adoption in E-Mobility and High-Voltage Components & Sustainability Push in Construction and Green Building Materials), restraints (Price Volatility of Silicon Metal and Methanol & Technical Barriers in High-Purity Silicone Production), opportunities (Development of Silicone-Based Thermal Management Materials for EV Fast-Charging & Additive Manufacturing of Silicone Components), and challenges (Meeting Stricter VOC and Emission Standards & Supply Chain Localization Pressure) influencing the growth of the silicone market.
- Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the silicone market.
- Market Development: Comprehensive information about profitable markets – the report analyzes the silicone market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the silicone market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like as Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Elkem ASA (Norway), DOW (US), Momentive Performance Materials, Inc. (US), Gelest Inc. (US), Evonik Industries AG (Germany), Innospec Inc. (US), Specialty Silicone Products, Inc. (US), Hesheng Silicon Industry Co., Ltd. (China), and Others in the silicone market. The report also helps stakeholders understand the pulse of the silicone market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 27
1.3.1 MARKET SEGMENTATION 27
1.3.2 INCLUSIONS AND EXCLUSIONS 28
1.3.3 YEARS CONSIDERED 28
1.3.4 CURRENCY CONSIDERED 29
1.3.5 UNITS CONSIDERED 29
1.4 LIMITATIONS 29
1.5 STAKEHOLDERS 29
1.6 SUMMARY OF CHANGES 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Key data from secondary sources 32
2.1.1.2 List of secondary sources 32
2.1.2 PRIMARY DATA 33
2.1.2.1 Key primary participants 33
2.1.2.2 Key data from primary sources 33
2.1.2.3 Breakdown of interviews with experts 34
2.1.2.4 Key industry insights 34
2.2 MARKET SIZE ESTIMATION 34
2.2.1 TOP-DOWN APPROACH 35
2.2.2 BOTTOM-UP APPROACH 35
2.3 BASE NUMBER CALCULATION 35
2.3.1 SUPPLY-SIDE APPROACH 36
2.4 GROWTH FORECAST 37
2.5 DATA TRIANGULATION 37
2.6 RESEARCH ASSUMPTIONS 38
2.7 FACTOR ANALYSIS 38
2.8 RESEARCH LIMITATIONS 39
2.9 RISK ASSESSMENT 39
3 EXECUTIVE SUMMARY 40
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SILICONE MARKET 43
4.2 SILICONE MARKET, BY TYPE 43
4.3 SILICONE MARKET, BY END-USE INDUSTRY 44
4.4 ASIA PACIFIC: SILICONE MARKET, BY TYPE AND COUNTRY 44
4.5 SILICONE MARKET, BY KEY COUNTRY 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
5.2.1 DRIVERS 47
5.2.1.1 Rapid adoption in E-mobility and high-voltage components 47
5.2.1.2 Sustainability push in construction and green building materials 48
5.2.1.3 Miniaturization of consumer electronics and wearables 49
5.2.1.4 Growing market for high-performance lubricants 49
5.2.2 RESTRAINTS 50
5.2.2.1 Price volatility of silicon metal and methanol 50
5.2.2.2 Technical barriers in high-purity silicone production 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Development of silicone-based thermal management materials for EV fast-charging 51
5.2.3.2 Additive manufacturing of silicone components 51
5.2.3.3 Medical-grade silicones for next-generation implantable and wearable health devices 52
5.2.4 CHALLENGES 53
5.2.4.1 Meeting stricter VOC and emission standards 53
5.2.4.2 Supply chain localization pressure 53
6 INDUSTRY TRENDS 55
6.1 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 55
6.2 PRICING ANALYSIS 56
6.2.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE 57
6.2.2 AVERAGE SELLING PRICE TREND, BY REGION 57
6.3 VALUE CHAIN ANALYSIS 58
6.4 ECOSYSTEM ANALYSIS 60
6.5 TECHNOLOGY ANALYSIS 61
6.5.1 KEY TECHNOLOGIES 62
6.5.1.1 Direct process (Rochow/Müller Process) 62
6.5.1.2 Addition curing (platinum-catalyzed) 62
6.5.2 COMPLEMENTARY TECHNOLOGIES 63
6.5.2.1 Silicone coating technology 63
6.5.3 ADJACENT TECHNOLOGIES 64
6.5.3.1 Fluoropolymer technologies 64
6.5.3.2 3D printing of elastomers 64
6.6 IMPACT OF GEN AI ON SILICONE MARKET 65
6.7 PATENT ANALYSIS 66
6.7.1 INTRODUCTION 66
6.7.2 APPROACH 66
6.7.3 TOP APPLICANTS 67
6.8 TRADE ANALYSIS 69
6.8.1 IMPORT DATA RELATED TO HS CODE 3910, BY COUNTRY 69
6.8.2 EXPORT DATA RELATED TO HS CODE 3910, BY COUNTRY 70
6.9 KEY CONFERENCES AND EVENTS 71
6.10 REGULATORY LANDSCAPE 72
6.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
6.10.2 REGULATORY FRAMEWORK 76
6.11 PORTER’S FIVE FORCES’ ANALYSIS 77
6.11.1 THREAT OF NEW ENTRANTS 78
6.11.2 THREAT OF SUBSTITUTES 78
6.11.3 BARGAINING POWER OF SUPPLIERS 78
6.11.4 BARGAINING POWER OF BUYERS 78
6.11.5 INTENSITY OF COMPETITIVE RIVALRY 78
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 79
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 79
6.12.2 BUYING CRITERIA 80
6.13 CASE STUDY ANALYSIS 81
6.13.1 DOW – FIRST CARBON-NEUTRAL SILICONE FAÇADE PROJECT 81
6.13.2 ELKEM – MEDICAL-GRADE SILICONE UNDER TIGHTENING REGULATIONS 81
6.13.3 WACKER – 20-YEAR EXPOSURE OF SILICONE RESIN EMULSION PAINT (SILRES®) 82
6.14 MACROECONOMIC ANALYSIS 82
6.14.1 INTRODUCTION 82
6.14.2 GDP TRENDS AND FORECASTS 82
6.14.3 INFRASTRUCTURE DEVELOPMENT AND URBANIZATION 83
6.14.4 EXPANSION OF ELECTRIC VEHICLE (EV) ADOPTION 84
6.15 INVESTMENT AND FUNDING SCENARIO 85
6.16 IMPACT OF 2025 US TARIFF ON SILICONE MARKET 85
6.16.1 INTRODUCTION 85
6.16.2 KEY TARIFF RATES 86
6.17 PRICE IMPACT ANALYSIS 86
6.17.1 KEY IMPACT ON VARIOUS REGIONS 86
6.17.1.1 US 86
6.17.1.2 Europe 87
6.17.1.3 Asia Pacific 87
6.17.2 END-USE INDUSTRY IMPACT 87
7 SILICONE MARKET, BY TYPE 89
7.1 INTRODUCTION 90
7.2 ELASTOMERS 92
7.2.1 SUPERIOR STABILITY THROUGH ADVANCED CROSSLINKING AND MOLECULAR DESIGN TO DRIVE DEMAND 92
7.3 FLUIDS 93
7.3.1 HIGH STABILITY THROUGH ADVANCED MOLECULAR DESIGN AND INNOVATION TO DRIVE ADOPTION 93
7.4 RESINS 94
7.4.1 SUPERIOR THERMAL ENDURANCE THROUGH HIGHLY CROSSLINKED MOLECULAR STRUCTURES TO FUEL SEGMENT GROWTH 94
7.5 GELS & OTHER PRODUCTS 94
7.5.1 FLEXIBILITY AND THERMAL STABILITY THROUGH ADVANCED CROSSLINKING TECHNIQUES TO DRIVE DEMAND 94
8 SILICONE MARKET, BY END-USE INDUSTRY 96
8.1 INTRODUCTION 97
8.2 INDUSTRIAL PROCESS 99
8.2.1 ADVANCED THERMAL AND CHEMICAL PERFORMANCE IN INDUSTRIAL APPLICATIONS TO FUEL DEMAND 99
8.3 BUILDING & CONSTRUCTION 100
8.3.1 ENHANCED WEATHERABILITY AND STRUCTURAL INTEGRITY IN BUILDING & CONSTRUCTION APPLICATIONS TO DRIVE DEMAND 100
8.4 TRANSPORTATION 101
8.4.1 HIGH-PERFORMANCE THERMAL AND MECHANICAL SOLUTIONS IN TRANSPORTATION APPLICATIONS TO SUPPORT SEGMENT GROWTH 101
8.5 PERSONAL CARE AND CONSUMER PRODUCTS 101
8.5.1 ADVANCED SENSORY AND PERFORMANCE ENHANCEMENTS IN PERSONAL CARE APPLICATIONS TO DRIVE DEMAND 101
8.6 ELECTRONICS 102
8.6.1 ADVANCED THERMAL AND ELECTRICAL PROTECTION SOLUTIONS IN ELECTRONICS APPLICATIONS TO PROPEL DEMAND 102
8.7 MEDICAL & HEALTHCARE 103
8.7.1 BIOCOMPATIBLE AND DURABLE MATERIAL SOLUTIONS IN HEALTHCARE APPLICATIONS TO DRIVE GROWTH 103
8.8 ENERGY 103
8.8.1 HIGH-PERFORMANCE INSULATION AND THERMAL SOLUTIONS IN ENERGY APPLICATIONS TO PROPEL SEGMENT 103
8.9 OTHER END-USE INDUSTRIES 104
9 SILICONE MARKET, BY REGION 105
9.1 INTRODUCTION 106
9.2 NORTH AMERICA 108
9.2.1 US 112
9.2.1.1 Largest global healthcare sector and growth in shift toward EVs to drive demand 112
9.2.2 CANADA 116
9.2.2.1 Demand for safe, durable, and flexible solutions for high-value medical technologies in Canada to propel market 116
9.2.3 MEXICO 119
9.2.3.1 Automotive, healthcare, electronics, and cosmetics expansion in Mexico to drive growth 119
9.3 ASIA PACIFIC 123
9.3.1 CHINA 128
9.3.1.1 Rise in EV sales, medical exports, and electronics growth in China to propel demand 128
9.3.2 JAPAN 132
9.3.2.1 Robust automotive base, combined with Japan’s accelerated shift toward hybrid and electric vehicles, to support demand 132
9.3.3 INDIA 135
9.3.3.1 Rapid economic transformation and growth of construction, automotive, electronics, energy, and beauty sectors to propel Indian market 135
9.3.4 SOUTH KOREA 138
9.3.4.1 Rapid EV adoption, semiconductor expansion, and urban redevelopment to fuel market growth 138
9.3.5 AUSTRALIA 141
9.3.5.1 Massive infrastructure, housing, energy, and automotive investments in Australia to drive adoption 141
9.3.6 REST OF ASIA PACIFIC 144
9.4 EUROPE 147
9.4.1 GERMANY 153
9.4.1.1 Automotive industry remaining key growth engine and strong focus on energy efficiency renovations in Germany to drive market 153
9.4.2 UK 156
9.4.2.1 Infrastructure renewal, healthcare expansion, and advanced electronics and automotive manufacturing to propel demand 156
9.4.3 FRANCE 159
9.4.3.1 Rise in housing construction, medical instruments trade, and cosmetics expansion in France to propel growth 159
9.4.4 ITALY 163
9.4.4.1 Investment in electronics, construction, automotive, and cosmetics industries in Italy to drive demand 163
9.4.5 TURKEY 166
9.4.5.1 Strong construction growth, expanding automotive production, and increasing electronics exports in Turkey to drive adoption 166
9.4.6 RUSSIA 169
9.4.6.1 Automotive resurgence, housing development, and infrastructure upgrades, accelerating domestic electronics manufacturing in Russia to propel growth 169
9.4.7 REST OF EUROPE 172
9.5 SOUTH AMERICA 175
9.5.1 BRAZIL 179
9.5.1.1 Growth of demand in construction, automotive, electronics, and healthcare industries in Brazil to drive market 179
9.5.2 ARGENTINA 183
9.5.2.1 Infrastructure investments, EV growth, and healthcare advancements in Argentina to propel demand 183
9.5.3 REST OF SOUTH AMERICA 186
9.6 MIDDLE EAST & AFRICA 189
9.6.1 GCC COUNTRIES 194
9.6.1.1 Saudi Arabia 197
9.6.1.1.1 Massive infrastructure investments and industrial diversification in Saudi Arabia to drive demand 197
9.6.1.2 UAE 200
9.6.1.2.1 UAE’s real estate expansion and sustainable mobility transition to fuel growth 200
9.6.1.3 Rest of GCC Countries 203
9.6.2 SOUTH AFRICA 206
9.6.2.1 Expansion of real estate, healthcare, automotive, and beauty industries in South Africa to drive steady demand 206
9.6.3 REST OF MIDDLE EAST & AFRICA 209
10 COMPETITIVE LANDSCAPE 213
10.1 OVERVIEW 213
10.2 KEY PLAYERS STRATEGIES/RIGHT TO WIN 213
10.3 REVENUE ANALYSIS 215
10.4 MARKET SHARE ANALYSIS 216
10.5 COMPANY VALUATION AND FINANCIAL METRICS 218
10.5.1 COMPANY VALUATION 218
10.5.2 FINANCIAL METRICS 219
10.5.3 BRAND/PRODUCT COMPARISON 221
10.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 222
10.6.1 STARS 222
10.6.2 EMERGING LEADERS 222
10.6.3 PERVASIVE PLAYERS 222
10.6.4 PARTICIPANTS 222
10.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 224
10.6.5.1 Company footprint 224
10.6.5.2 Regional footprint 225
10.6.5.3 Type footprint 226
10.6.5.4 End-use industry footprint 227
10.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 228
10.7.1 PROGRESSIVE COMPANIES 228
10.7.2 RESPONSIVE COMPANIES 228
10.7.3 DYNAMIC COMPANIES 228
10.7.4 STARTING BLOCKS 228
10.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 230
10.7.5.1 Detailed list of key startups/SMEs 230
10.7.5.2 Competitive benchmarking of key startups/SMEs 231
10.8 COMPETITIVE SCENARIO 232
10.8.1 PRODUCT LAUNCHES 232
10.8.2 DEALS 239
10.8.3 EXPANSIONS 243
11 COMPANY PROFILES 249
11.1 KEY PLAYERS 249
11.1.1 WACKER CHEMIE AG 249
11.1.1.1 Business overview 249
11.1.1.2 Products/Solutions/Services offered 250
11.1.1.3 Recent developments 252
11.1.1.3.1 Product launches 252
11.1.1.3.2 Deals 255
11.1.1.3.3 Expansions 256
11.1.1.3.4 Other developments 258
11.1.1.4 MnM view 258
11.1.1.4.1 Key strengths/Right to win 258
11.1.1.4.2 Strategic choices 259
11.1.1.4.3 Weaknesses and competitive threats 259
11.1.2 SHIN-ETSU CHEMICAL CO., LTD. 260
11.1.2.1 Business overview 260
11.1.2.2 Products/Solutions/Services offered 261
11.1.2.3 Recent developments 262
11.1.2.3.1 Product launches 262
11.1.2.3.2 Expansions 264
11.1.2.4 MnM view 265
11.1.2.4.1 Key strengths/Right to win 265
11.1.2.4.2 Strategic choices 265
11.1.2.4.3 Weaknesses and competitive threats 265
11.1.3 ELKEM ASA 266
11.1.3.1 Business overview 266
11.1.3.2 Products/Solutions/Services offered 267
11.1.3.3 Recent developments 269
11.1.3.3.1 Product launches 269
11.1.3.3.2 Deals 271
11.1.3.3.3 Expansions 272
11.1.3.4 MnM view 273
11.1.3.4.1 Key strengths/Right to win 273
11.1.3.4.2 Strategic choices 273
11.1.3.4.3 Weaknesses and competitive threats 273
11.1.4 DOW 274
11.1.4.1 Business overview 274
11.1.4.2 Products/Solutions/Services offered 275
11.1.4.3 Recent developments 276
11.1.4.3.1 Product launches 276
11.1.4.3.2 Expansions 278
11.1.4.4 MnM view 279
11.1.4.4.1 Key strengths/Right to win 279
11.1.4.4.2 Strategic choices 279
11.1.4.4.3 Weaknesses and competitive threats 279
11.1.5 MOMENTIVE PERFORMANCE MATERIALS, INC. 280
11.1.5.1 Business overview 280
11.1.5.2 Products/Solutions/Services offered 280
11.1.5.3 Recent developments 281
11.1.5.3.1 Product launches 281
11.1.5.3.2 Deals 282
11.1.5.3.3 Expansions 283
11.1.5.4 MnM view 283
11.1.5.4.1 Key strengths/Right to win 283
11.1.5.4.2 Strategic choices 284
11.1.5.4.3 Weaknesses and competitive threats 284
11.1.6 EVONIK INDUSTRIES AG 285
11.1.6.1 Business overview 285
11.1.6.2 Products/Solutions/Services offered 286
11.1.6.3 Recent developments 287
11.1.6.3.1 Product launches 287
11.1.6.3.2 Deals 287
11.1.6.3.3 Expansions 288
11.1.6.4 MnM view 289
11.1.7 GELEST INC. 290
11.1.7.1 Business overview 290
11.1.7.2 Products/Solutions/Services offered 290
11.1.7.3 Recent developments 291
11.1.7.3.1 Deals 291
11.1.7.3.2 Expansions 291
11.1.7.4 MnM view 292
11.1.8 INNOSPEC INC. 293
11.1.8.1 Business overview 293
11.1.8.2 Products/Solutions/Services offered 294
11.1.8.3 Recent developments 295
11.1.8.3.1 Expansions 295
11.1.8.4 MnM view 295
11.1.9 SPECIALTY SILICONE PRODUCTS, INC. 295
11.1.9.1 Business overview 295
11.1.9.2 Products/Solutions/Services offered 296
11.1.9.3 MnM view 297
11.1.10 HOSHINE SILICON INDUSTRY CO., LTD. 298
11.1.10.1 Business overview 298
11.1.10.2 Products/Solutions/Services offered 299
11.1.10.3 Recent developments 301
11.1.10.3.1 Deals 301
11.1.10.3.2 Expansions 301
11.1.10.4 MnM view 302
11.2 OTHER PLAYERS 303
11.2.1 ZHEJIANG XIN’AN CHEMICAL INDUSTRY GROUP CO., LTD. 303
11.2.2 REISS MANUFACTURING, INC. 304
11.2.3 SILTECH CORPORATION 305
11.2.4 KANEKA CORPORATION 306
11.2.5 CHT GROUP 307
11.2.6 GENESEE POLYMERS CORPORATION 308
11.2.7 SILICONE SOLUTIONS, INC. 309
11.2.8 SILICONE ENGINEERING LTD 310
11.2.9 ZHEJIANG SUCON SILICONE CO., LTD. 311
11.2.10 SILTEQ LTD 312
11.2.11 KONARK SILICONE TECHNOLOGIES 313
11.2.12 SUPREME SILICONES INDIA PVT. LTD. 314
11.2.13 SHENZHEN SQUARE SILICONE CO., LTD. 315
11.2.14 GUANGZHOU OTT NEW MATERIALS CO., LTD. 316
11.2.15 CSL SILICONES INC. 317
12 ADJACENT & RELATED MARKET 318
12.1 INTRODUCTION 318
12.2 LIMITATIONS 318
12.3 SILICONE ELASTOMERS MARKET 318
12.3.1 MARKET DEFINITION 318
12.3.2 MARKET OVERVIEW 319
12.3.3 SILICONE ELASTOMERS MARKET, BY TYPE 319
12.3.4 SILICONE ELASTOMERS MARKET, BY PROCESS 321
12.3.5 SILICONE ELASTOMERS MARKET, BY END-USE INDUSTRY 322
12.3.6 SILICONE ELASTOMERS MARKET, BY REGION 324
13 APPENDIX 326
13.1 DISCUSSION GUIDE 326
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 329
13.3 CUSTOMIZATION OPTIONS 331
13.4 RELATED REPORTS 331
13.5 AUTHOR DETAILS 332
LIST OF TABLES
TABLE 1 INCLUSIONS AND EXCLUSIONS 28
TABLE 2 LIST OF SECONDARY SOURCES 32
TABLE 3 KEY PRIMARY PARTICIPANTS 33
TABLE 4 AVERAGE SELLING PRICE OF SILICONE OFFERED BY KEY PLAYERS, BY TYPE,
2024 (USD/KG) 57
TABLE 5 AVERAGE SELLING PRICE TREND FOR SILICONE, BY REGION,
2024–2030 (USD/KG) 58
TABLE 6 ROLE OF COMPANIES IN SILICONE MARKET ECOSYSTEM 61
TABLE 7 LIST OF PATENTS RELATED TO SILICONE 68
TABLE 8 IMPORT DATA RELATED TO HS CODE 3910, BY COUNTRY,
2020–2024 (USD THOUSAND) 70
TABLE 9 EXPORT DATA RELATED TO HS CODE 3910, BY COUNTRY,
2020–2024 (USD THOUSAND) 71
TABLE 10 KEY CONFERENCES AND EVENTS RELATED TO SILICONE MARKET, 2025–2026 71
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 14 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 15 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 16 KEY REGULATIONS AND STANDARDS IN SILICONE MARKET 76
TABLE 17 PORTER’S FIVE FORCES ANALYSIS 77
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS AMONG TOP THREE END-USE INDUSTRIES 79
TABLE 19 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 80
TABLE 20 GLOBAL GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION) 83
TABLE 21 US: KEY TARIFF RATES ON SILICONE IMPORTS, 2025 86
TABLE 22 SILICONE MARKET, BY TYPE, 2021–2023 (KT) 90
TABLE 23 SILICONE MARKET, BY TYPE, 2024–2030 (KT) 91
TABLE 24 SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 91
TABLE 25 SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 91
TABLE 26 COMPARATIVE TABLE: SILICONE MARKET, BY TYPE 92
TABLE 27 SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 98
TABLE 28 SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 98
TABLE 29 SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 99
TABLE 30 SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 99
TABLE 31 SILICONE MARKET, BY REGION, 2021–2023 (KT) 107
TABLE 32 SILICONE MARKET, BY REGION, 2024–2030 (KT) 107
TABLE 33 SILICONE MARKET, BY REGION, 2021–2023 (USD MILLION) 108
TABLE 34 SILICONE MARKET, BY REGION, 2024–2030 (USD MILLION) 108
TABLE 35 NORTH AMERICA: SILICONE MARKET, BY COUNTRY, 2021–2023 (KT) 109
TABLE 36 NORTH AMERICA: SILICONE MARKET, BY COUNTRY, 2024–2030 (KT) 109
TABLE 37 NORTH AMERICA: SILICONE MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 109
TABLE 38 NORTH AMERICA: SILICONE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 109
TABLE 39 NORTH AMERICA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 110
TABLE 40 NORTH AMERICA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 110
TABLE 41 NORTH AMERICA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 110
TABLE 42 NORTH AMERICA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 110
TABLE 43 NORTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 111
TABLE 44 NORTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 111
TABLE 45 NORTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 112
TABLE 46 NORTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 112
TABLE 47 US: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 113
TABLE 48 US: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 113
TABLE 49 US: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 114
TABLE 50 US: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 114
TABLE 51 US: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 114
TABLE 52 US: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 115
TABLE 53 US: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 115
TABLE 54 US: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 116
TABLE 55 CANADA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 117
TABLE 56 CANADA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 117
TABLE 57 CANADA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 117
TABLE 58 CANADA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 118
TABLE 59 CANADA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 118
TABLE 60 CANADA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 118
TABLE 61 CANADA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 119
TABLE 62 CANADA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 119
TABLE 63 MEXICO: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 120
TABLE 64 MEXICO: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 121
TABLE 65 MEXICO: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 121
TABLE 66 MEXICO: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 121
TABLE 67 MEXICO: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 122
TABLE 68 MEXICO: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 122
TABLE 69 MEXICO: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 123
TABLE 70 MEXICO: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 123
TABLE 71 ASIA PACIFIC: SILICONE MARKET, BY COUNTRY, 2021–2023 (KT) 124
TABLE 72 ASIA PACIFIC: SILICONE MARKET, BY COUNTRY, 2024–2030 (KT) 125
TABLE 73 ASIA PACIFIC: SILICONE MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 125
TABLE 74 ASIA PACIFIC: SILICONE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 125
TABLE 75 ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 126
TABLE 76 ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 126
TABLE 77 ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 126
TABLE 78 ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 126
TABLE 79 ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 127
TABLE 80 ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 127
TABLE 81 ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 128
TABLE 82 ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 128
TABLE 83 CHINA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 129
TABLE 84 CHINA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 129
TABLE 85 CHINA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 130
TABLE 86 CHINA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 130
TABLE 87 CHINA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 130
TABLE 88 CHINA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 131
TABLE 89 CHINA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 131
TABLE 90 CHINA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 132
TABLE 91 JAPAN: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 133
TABLE 92 JAPAN: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 133
TABLE 93 JAPAN: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 133
TABLE 94 JAPAN: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 133
TABLE 95 JAPAN: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 134
TABLE 96 JAPAN: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 134
TABLE 97 JAPAN: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 134
TABLE 98 JAPAN: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 135
TABLE 99 INDIA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 136
TABLE 100 INDIA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 136
TABLE 101 INDIA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 136
TABLE 102 INDIA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 137
TABLE 103 INDIA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 137
TABLE 104 INDIA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 137
TABLE 105 INDIA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 138
TABLE 106 INDIA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 138
TABLE 107 SOUTH KOREA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 139
TABLE 108 SOUTH KOREA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 139
TABLE 109 SOUTH KOREA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 139
TABLE 110 SOUTH KOREA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 140
TABLE 111 SOUTH KOREA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 140
TABLE 112 SOUTH KOREA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 140
TABLE 113 SOUTH KOREA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 141
TABLE 114 SOUTH KOREA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 141
TABLE 115 AUSTRALIA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 142
TABLE 116 AUSTRALIA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 142
TABLE 117 AUSTRALIA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 142
TABLE 118 AUSTRALIA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 143
TABLE 119 AUSTRALIA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 143
TABLE 120 AUSTRALIA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 143
TABLE 121 AUSTRALIA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 144
TABLE 122 AUSTRALIA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 144
TABLE 123 REST OF ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 145
TABLE 124 REST OF ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 145
TABLE 125 REST OF ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 145
TABLE 126 REST OF ASIA PACIFIC: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 146
TABLE 127 REST OF ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (KT) 146
TABLE 128 REST OF ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (KT) 146
TABLE 129 REST OF ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 147
TABLE 130 REST OF ASIA PACIFIC: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 147
TABLE 131 EUROPE: SILICONE MARKET, BY COUNTRY, 2021–2023 (KT) 149
TABLE 132 EUROPE: SILICONE MARKET, BY COUNTRY, 2024–2030 (KT) 149
TABLE 133 EUROPE: SILICONE MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 149
TABLE 134 EUROPE: SILICONE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 150
TABLE 135 EUROPE: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 150
TABLE 136 EUROPE: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 150
TABLE 137 EUROPE: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 151
TABLE 138 EUROPE: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 151
TABLE 139 EUROPE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 151
TABLE 140 EUROPE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 152
TABLE 141 EUROPE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 152
TABLE 142 EUROPE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 153
TABLE 143 GERMANY: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 154
TABLE 144 GERMANY: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 154
TABLE 145 GERMANY: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 154
TABLE 146 GERMANY: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 154
TABLE 147 GERMANY: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 155
TABLE 148 GERMANY: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 155
TABLE 149 GERMANY: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 155
TABLE 150 GERMANY: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 156
TABLE 151 UK: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 157
TABLE 152 UK: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 157
TABLE 153 UK: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 157
TABLE 154 UK: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 158
TABLE 155 UK: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 158
TABLE 156 UK: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 158
TABLE 157 UK: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 159
TABLE 158 UK: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 159
TABLE 159 FRANCE: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 160
TABLE 160 FRANCE: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 160
TABLE 161 FRANCE: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 161
TABLE 162 FRANCE: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 161
TABLE 163 FRANCE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 161
TABLE 164 FRANCE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 162
TABLE 165 FRANCE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 162
TABLE 166 FRANCE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 163
TABLE 167 ITALY: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 164
TABLE 168 ITALY: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 164
TABLE 169 ITALY: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 164
TABLE 170 ITALY: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 164
TABLE 171 ITALY: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 165
TABLE 172 ITALY: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 165
TABLE 173 ITALY: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 165
TABLE 174 ITALY: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 166
TABLE 175 TURKEY: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 167
TABLE 176 TURKEY: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 167
TABLE 177 TURKEY: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 167
TABLE 178 TURKEY: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 167
TABLE 179 TURKEY: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 168
TABLE 180 TURKEY: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 168
TABLE 181 TURKEY: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 168
TABLE 182 TURKEY: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 169
TABLE 183 RUSSIA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 170
TABLE 184 RUSSIA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 170
TABLE 185 RUSSIA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 170
TABLE 186 RUSSIA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 171
TABLE 187 RUSSIA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 171
TABLE 188 RUSSIA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 171
TABLE 189 RUSSIA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 172
TABLE 190 RUSSIA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 172
TABLE 191 REST OF EUROPE: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 173
TABLE 192 REST OF EUROPE: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 173
TABLE 193 REST OF EUROPE: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 173
TABLE 194 REST OF EUROPE: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 173
TABLE 195 REST OF EUROPE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 174
TABLE 196 REST OF EUROPE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 174
TABLE 197 REST OF EUROPE: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 175
TABLE 198 REST OF EUROPE: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 175
TABLE 199 SOUTH AMERICA: SILICONE MARKET, BY COUNTRY, 2021–2023 (KT) 176
TABLE 200 SOUTH AMERICA: SILICONE MARKET, BY COUNTRY, 2024–2030 (KT) 176
TABLE 201 SOUTH AMERICA: SILICONE MARKET, BY COUNTRY, 2021–2023 (USD MILLION) 176
TABLE 202 SOUTH AMERICA: SILICONE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 177
TABLE 203 SOUTH AMERICA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 177
TABLE 204 SOUTH AMERICA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 177
TABLE 205 SOUTH AMERICA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 177
TABLE 206 SOUTH AMERICA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 178
TABLE 207 SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 178
TABLE 208 SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 178
TABLE 209 SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 179
TABLE 210 SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 179
TABLE 211 BRAZIL: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 180
TABLE 212 BRAZIL: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 180
TABLE 213 BRAZIL: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 181
TABLE 214 BRAZIL: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 181
TABLE 215 BRAZIL: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 181
TABLE 216 BRAZIL: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 182
TABLE 217 BRAZIL: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 182
TABLE 218 BRAZIL: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 183
TABLE 219 ARGENTINA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 184
TABLE 220 ARGENTINA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 184
TABLE 221 ARGENTINA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 184
TABLE 222 ARGENTINA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 184
TABLE 223 ARGENTINA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 185
TABLE 224 ARGENTINA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 185
TABLE 225 ARGENTINA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 186
TABLE 226 ARGENTINA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 186
TABLE 227 REST OF SOUTH AMERICA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 187
TABLE 228 REST OF SOUTH AMERICA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 187
TABLE 229 REST OF SOUTH AMERICA: SILICONE MARKET, BY TYPE,
2021–2023 (USD MILLION) 187
TABLE 230 REST OF SOUTH AMERICA: SILICONE MARKET, BY TYPE,
2024–2030 (USD MILLION) 187
TABLE 231 REST OF SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (KT) 188
TABLE 232 REST OF SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (KT) 188
TABLE 233 REST OF SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 189
TABLE 234 REST OF SOUTH AMERICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 189
TABLE 235 MIDDLE EAST & AFRICA: SILICONE MARKET, BY COUNTRY, 2021–2023 (KT) 190
TABLE 236 MIDDLE EAST & AFRICA: SILICONE MARKET, BY COUNTRY, 2024–2030 (KT) 190
TABLE 237 MIDDLE EAST & AFRICA: SILICONE MARKET, BY COUNTRY,
2021–2023 (USD MILLION) 191
TABLE 238 MIDDLE EAST & AFRICA: SILICONE MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 191
TABLE 239 MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 191
TABLE 240 MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 192
TABLE 241 MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 192
TABLE 242 MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 192
TABLE 243 MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (KT) 193
TABLE 244 MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (KT) 193
TABLE 245 MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 194
TABLE 246 MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 194
TABLE 247 GCC COUNTRIES: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 195
TABLE 248 GCC COUNTRIES: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 195
TABLE 249 GCC COUNTRIES: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 195
TABLE 250 GCC COUNTRIES: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 196
TABLE 251 GCC COUNTRIES: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 196
TABLE 252 GCC COUNTRIES: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 196
TABLE 253 GCC COUNTRIES: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 197
TABLE 254 GCC COUNTRIES: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 197
TABLE 255 SAUDI ARABIA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 198
TABLE 256 SAUDI ARABIA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 198
TABLE 257 SAUDI ARABIA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 198
TABLE 258 SAUDI ARABIA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 199
TABLE 259 SAUDI ARABIA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 199
TABLE 260 SAUDI ARABIA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 199
TABLE 261 SAUDI ARABIA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 200
TABLE 262 SAUDI ARABIA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 200
TABLE 263 UAE: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 201
TABLE 264 UAE: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 201
TABLE 265 UAE: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 201
TABLE 266 UAE: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 202
TABLE 267 UAE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 202
TABLE 268 UAE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 202
TABLE 269 UAE: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 203
TABLE 270 UAE: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 203
TABLE 271 REST OF GCC: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 204
TABLE 272 REST OF GCC: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 204
TABLE 273 REST OF GCC: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 204
TABLE 274 REST OF GCC: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 205
TABLE 275 REST OF GCC: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 205
TABLE 276 REST OF GCC: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 205
TABLE 277 REST OF GCC: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 206
TABLE 278 REST OF GCC: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 206
TABLE 279 SOUTH AFRICA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 207
TABLE 280 SOUTH AFRICA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 207
TABLE 281 SOUTH AFRICA: SILICONE MARKET, BY TYPE, 2021–2023 (USD MILLION) 207
TABLE 282 SOUTH AFRICA: SILICONE MARKET, BY TYPE, 2024–2030 (USD MILLION) 208
TABLE 283 SOUTH AFRICA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 208
TABLE 284 SOUTH AFRICA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 208
TABLE 285 SOUTH AFRICA: SILICONE MARKET, BY END-USE INDUSTRY,
2021–2023 (USD MILLION) 209
TABLE 286 SOUTH AFRICA: SILICONE MARKET, BY END-USE INDUSTRY,
2024–2030 (USD MILLION) 209
TABLE 287 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE, 2021–2023 (KT) 210
TABLE 288 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE, 2024–2030 (KT) 210
TABLE 289 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE,
2021–2023 (USD MILLION) 210
TABLE 290 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY TYPE,
2024–2030 (USD MILLION) 211
TABLE 291 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (KT) 211
TABLE 292 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (KT) 211
TABLE 293 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 212
TABLE 294 REST OF MIDDLE EAST & AFRICA: SILICONE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 212
TABLE 295 SILICONE MARKET: OVERVIEW OF STRATEGIES ADOPTED BY MARKET PLAYERS BETWEEN JANUARY 2021 AND JULY 2025 213
TABLE 296 SILICONE MARKET: DEGREE OF COMPETITION 217
TABLE 297 SILICONE MARKET: REGIONAL FOOTPRINT, 2024 225
TABLE 298 SILICONE MARKET: TYPE FOOTPRINT, 2024 226
TABLE 299 SILICONE MARKET: END-USE INDUSTRY FOOTPRINT, 2024 227
TABLE 300 SILICONE MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2024 230
TABLE 301 SILICONE MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES, 2024 231
TABLE 302 SILICONE MARKET: PRODUCT LAUNCHES, JANUARY 2021–JULY 2025 232
TABLE 303 SILICONE MARKET: DEALS, JANUARY 2021–JULY 2025 239
TABLE 304 SILICONE MARKET: EXPANSIONS, JANUARY 2021–JULY 2025 243
TABLE 305 WACKER CHEMIE AG: COMPANY OVERVIEW 249
TABLE 306 WACKER CHEMIE AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 250
TABLE 307 WACKER CHEMIE AG: PRODUCT LAUNCHES 252
TABLE 308 WACKER CHEMIE AG: DEALS 255
TABLE 309 WACKER CHEMIE AG: EXPANSIONS 256
TABLE 310 WACKER CHEMIE AG: OTHER DEVELOPMENTS 258
TABLE 311 SHIN-ETSU CHEMICAL CO., LTD.: COMPANY OVERVIEW 260
TABLE 312 SHIN-ETSU CHEMICAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 261
TABLE 313 SHIN-ETSU CHEMICAL CO., LTD.: PRODUCT LAUNCHES 262
TABLE 314 SHIN-ETSU CHEMICAL CO., LTD.: EXPANSIONS 264
TABLE 315 ELKEM ASA: COMPANY OVERVIEW 266
TABLE 316 ELKEM ASA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 267
TABLE 317 ELKEM ASA: PRODUCT LAUNCHES 269
TABLE 318 ELKEM ASA: DEALS 271
TABLE 319 ELKEM ASA: EXPANSIONS 272
TABLE 320 DOW: COMPANY OVERVIEW 274
TABLE 321 DOW: PRODUCTS/SOLUTIONS/SERVICES OFFERED 275
TABLE 322 DOW: PRODUCTS LAUNCHES 276
TABLE 323 DOW: EXPANSIONS 278
TABLE 324 MOMENTIVE PERFORMANCE MATERIALS, INC.: COMPANY OVERVIEW 280
TABLE 325 MOMENTIVE PERFORMANCE MATERIALS, INC.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 280
TABLE 326 MOMENTIVE PERFORMANCE MATERIALS INC.: PRODUCT LAUNCHES 281
TABLE 327 MOMENTIVE PERFORMANCE MATERIALS, INC.: DEALS 282
TABLE 328 MOMENTIVE PERFORMANCE MATERIALS, INC.: EXPANSIONS 283
TABLE 329 EVONIK INDUSTRIES AG: COMPANY OVERVIEW 285
TABLE 330 EVONIK INDUSTRIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 331 EVONIK INDUSTRIES AG: PRODUCT LAUNCHES 287
TABLE 332 EVONIK INDUSTRIES AG: DEALS 287
TABLE 333 EVONIK INDUSTRIES AG: EXPANSIONS 288
TABLE 334 GELEST INC.: COMPANY OVERVIEW 290
TABLE 335 GELEST INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 290
TABLE 336 GELEST INC.: DEALS 291
TABLE 337 GELEST INC.: EXPANSIONS 291
TABLE 338 INNOSPEC INC.: COMPANY OVERVIEW 293
TABLE 339 INNOSPEC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 294
TABLE 340 INNOSPEC INC.: EXPANSIONS 295
TABLE 341 SPECIALTY SILICONE PRODUCTS, INC.: COMPANY OVERVIEW 296
TABLE 342 SPECIALTY SILICONE PRODUCTS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 296
TABLE 343 HOSHINE SILICON INDUSTRY CO., LTD.: COMPANY OVERVIEW 298
TABLE 344 HOSHINE SILICON INDUSTRY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 299
TABLE 345 HOSHINE SILICON INDUSTRY CO., LTD.: DEALS 301
TABLE 346 HOSHINE SILICON INDUSTRY CO., LTD.: EXPANSIONS 301
TABLE 347 ZHEJIANG XIN’AN CHEMICAL INDUSTRY GROUP CO., LTD.: COMPANY OVERVIEW 303
TABLE 348 REISS MANUFACTURING, INC.: COMPANY OVERVIEW 304
TABLE 349 SILTECH CORPORATION: COMPANY OVERVIEW 305
TABLE 350 KANEKA CORPORATION: COMPANY OVERVIEW 306
TABLE 351 CHT GROUP: COMPANY OVERVIEW 307
TABLE 352 GENESEE POLYMERS CORPORATION: COMPANY OVERVIEW 308
TABLE 353 SILICONE SOLUTIONS, INC.: COMPANY OVERVIEW 309
TABLE 354 SILICONE ENGINEERING LTD: COMPANY OVERVIEW 310
TABLE 355 ZHEJIANG SUCON SILICONE CO., LTD.: COMPANY OVERVIEW 311
TABLE 356 SILTEQ LTD: COMPANY OVERVIEW 312
TABLE 357 KONARK SILICONE TECHNOLOGIES: COMPANY OVERVIEW 313
TABLE 358 SUPREME SILICONES INDIA PVT. LTD.: COMPANY OVERVIEW 314
TABLE 359 SHENZHEN SQUARE SILICONE CO., LTD.: COMPANY OVERVIEW 315
TABLE 360 GUANGZHOU OTT NEW MATERIALS CO., LTD.: COMPANY OVERVIEW 316
TABLE 361 CSL SILICONES INC.: COMPANY OVERVIEW 317
TABLE 362 SILICONE ELASTOMERS MARKET, BY TYPE, 2017–2022 (USD MILLION) 319
TABLE 363 SILICONE ELASTOMERS MARKET, BY TYPE, 2023–2029 (USD MILLION) 320
TABLE 364 SILICONE ELASTOMERS MARKET, BY TYPE, 2017–2022 (KT) 320
TABLE 365 SILICONE ELASTOMERS MARKET, BY TYPE, 2023–2029 (KT) 320
TABLE 366 SILICONE ELASTOMERS MARKET, BY PROCESS, 2017–2022 (USD MILLION) 321
TABLE 367 SILICONE ELASTOMERS MARKET, BY PROCESS, 2023–2029 (USD MILLION) 321
TABLE 368 SILICONE ELASTOMERS MARKET, BY PROCESS, 2017–2022 (KT) 322
TABLE 369 SILICONE ELASTOMERS MARKET, BY PROCESS, 2023–2029 (KT) 322
TABLE 370 SILICONE ELASTOMERS MARKET, BY END-USE INDUSTRY,
2017–2022 (USD MILLION) 323
TABLE 371 SILICONE ELASTOMERS MARKET, BY END-USE INDUSTRY,
2023–2029 (USD MILLION) 323
TABLE 372 SILICONE ELASTOMERS MARKET, BY END-USE INDUSTRY, 2017–2022 (KT) 323
TABLE 373 SILICONE ELASTOMERS MARKET, BY END-USE INDUSTRY, 2023–2029 (KT) 324
TABLE 374 SILICONE ELASTOMERS MARKET, BY REGION, 2017–2022 (USD MILLION) 324
TABLE 375 SILICONE ELASTOMERS MARKET, BY REGION, 2023–2029 (USD MILLION) 324
TABLE 376 SILICONE ELASTOMERS MARKET, BY REGION, 2017–2022 (KT) 325
TABLE 377 SILICONE ELASTOMERS MARKET, BY REGION, 2023–2029 (KT) 325
LIST OF FIGURES
FIGURE 1 SILICONE MARKET SEGMENTATION 27
FIGURE 2 STUDY YEARS CONSIDERED 28
FIGURE 3 SILICONE MARKET: RESEARCH DESIGN 31
FIGURE 4 KEY DATA FROM SECONDARY SOURCES 32
FIGURE 5 KEY DATA FROM PRIMARY SOURCES 33
FIGURE 6 BREAKDOWN OF INTERVIEWS WITH EXPERTS, BY COMPANY TYPE,
DESIGNATION, AND REGION 34
FIGURE 7 KEY INDUSTRY INSIGHTS 34
FIGURE 8 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 35
FIGURE 9 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 35
FIGURE 10 SILICONE MARKET: APPROACH 1 36
FIGURE 11 SILICONE MARKET: DATA TRIANGULATION 37
FIGURE 12 RESEARCH ASSUMPTIONS 38
FIGURE 13 FACTOR ANALYSIS 38
FIGURE 14 ELASTOMER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 40
FIGURE 15 BUILDING & CONSTRUCTION END-USE INDUSTRY TO DOMINATE MARKET DURING FORECAST PERIOD 41
FIGURE 16 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 42
FIGURE 17 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN SILICONE MARKET DURING FORECAST PERIOD 43
FIGURE 18 SILICONE ELASTOMERS TO LEAD MARKET DURING FORECAST PERIOD 43
FIGURE 19 BUILDING & CONSTRUCTION SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 44
FIGURE 20 ELASTOMER SEGMENT ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC MARKET IN 2024 44
FIGURE 21 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 45
FIGURE 22 MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 46
FIGURE 23 GLOBAL ELECTRIC VEHICLE (EV) SALES SHARE OF PASSENGER CARS, 2017–2024 47
FIGURE 24 CO₂ EMISSIONS BY CONSTRUCTION INDUSTRY, 2015–2024 (GT) 48
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 56
FIGURE 26 AVERAGE SELLING PRICE OF SILICONE OFFERED BY KEY PLAYERS,
BY TYPE, 2024 (USD/KG) 57
FIGURE 27 AVERAGE SELLING PRICE TREND FOR SILICONE, BY REGION,
2024–2030 (USD/KG) 58
FIGURE 28 SILICONE MARKET: VALUE CHAIN ANALYSIS 59
FIGURE 29 SILICONE MARKET: ECOSYSTEM ANALYSIS 61
FIGURE 30 LIST OF MAJOR PATENTS FOR SILICONE MARKET, 2014–2024 67
FIGURE 31 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SILICONE MARKET, 2014–2024 67
FIGURE 32 IMPORT DATA RELATED TO HS CODE 3910, BY COUNTRY,
2020–2024 (USD THOUSAND) 69
FIGURE 33 EXPORT DATA RELATED TO HS CODE 3910, BY COUNTRY,
2020–2024 (USD THOUSAND) 70
FIGURE 34 SILICONE MARKET: PORTER’S FIVE FORCES ANALYSIS 77
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS AMONG
TOP THREE END-USE INDUSTRIES 79
FIGURE 36 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 80
FIGURE 37 ANNUAL GROWTH OF GLOBAL CONSTRUCTION INDUSTRY, 2018–2024 84
FIGURE 38 GLOBAL ELECTRIC CAR SALES, 2018–2024 (MILLION UNITS) 84
FIGURE 39 INVESTOR DEAL AND FUNDING TREND, 2020–2024 (USD MILLION) 85
FIGURE 40 SILICONE MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION) 90
FIGURE 41 SILICONE MARKET, BY END-USE INDUSTRY, 2025 VS. 2030 (USD MILLION) 97
FIGURE 42 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR SILICONE DURING FORECAST PERIOD 107
FIGURE 43 ASIA PACIFIC: SILICONE MARKET SNAPSHOT 124
FIGURE 44 EUROPE: SILICONE MARKET SNAPSHOT 148
FIGURE 45 SILICONE MARKET: REVENUE ANALYSIS OF KEY PLAYERS,
2020–2024 (USD BILLION) 215
FIGURE 46 SILICONE MARKET SHARE ANALYSIS, 2024 216
FIGURE 47 COMPANY VALUATION, 2024 (USD MILLION) 219
FIGURE 48 FINANCIAL MATRIX: EV/EBITDA RATIO 219
FIGURE 49 YEAR-TO-DATE PRICE AND FIVE-YEAR STOCK BETA, 2025 220
FIGURE 50 SILICONE MARKET: BRAND/PRODUCT COMPARISON 221
FIGURE 51 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 223
FIGURE 52 SILICONE MARKET: COMPANY FOOTPRINT, 2024 224
FIGURE 53 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 229
FIGURE 54 WACKER CHEMIE AG: COMPANY SNAPSHOT 250
FIGURE 55 SHIN-ETSU CHEMICAL CO., LTD.: COMPANY SNAPSHOT 261
FIGURE 56 ELKEM ASA: COMPANY SNAPSHOT 267
FIGURE 57 DOW: COMPANY SNAPSHOT 275
FIGURE 58 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT 286
FIGURE 59 INNOSPEC INC.: COMPANY SNAPSHOT 294
FIGURE 60 HOSHINE SILICON INDUSTRY CO., LTD.: COMPANY SNAPSHOT 299
