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Silicone Market Size is Expected to total US$ 24.4 billion by 2030

According to the Market Statsville Group, the global silicone market size is expected to grow from USD 16.4 billion in 2021 to USD 24.4 billion by 2030, at a CAGR of 5.1% from 2022 to 2030. The growing demand for silicone in various end-user industries, including construction, industrial process, personal care, and consumer goods, is expected to drive market growth. Properties like versatility, chemical stability, and high resistance to temperature are expected to drive the demand for silicone in the aforementioned end-user industries. Moreover, expanding use of silicone-based products in the

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Silicone Market Size is Expected to total US$ 24.4 billion by 2030

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  1. Market Research Report EXCLUSIVE EDITION Global Silicone Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  2. Silicone Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  5. Silicone Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Silicone Market by Product (Fluids, Gels, Resins, Elastomers), by End-use Electronics, Construction, Healthcare, Transportation, Personal Care and Consumer goods, Energy, Industrial Process), by Application, by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group, the global silicone market size is expected to grow from USD 16.4 billion in 2021 to USD 24.4 billion by 2030, at a CAGR of 5.1% from 2022 to 2030. The growing demand for silicone in various end-user industries, including construction, industrial process, personal care, and consumer goods, is expected to drive market growth. Properties like versatility, chemical stability, and high resistance to temperature are expected to drive the demand for silicone in the aforementioned end-user industries. Moreover, expanding use of silicone-based products in the evolving market such as electronics, renewable energy, and electric vehicles is probable to boost the demand for silicone over the forecast period. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  6. The rising demand for specialized products across end-use industries, coupled with the increasing intervention of government regulatory bodies across the value chain, i.e., raw material, manufacturing process, distribution of various grades of silicone products to their end-use applications, is expected to impact variation in the prices of silicone in various end-use industries in the over the forecast period. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/silicone- market Global Silicone Market Dynamics The increasing demand for lightweight automobile parts and growing research and development activities to develop new and innovative products are expected to propel overall industrial growth over the forecast period. Lightweight materials are progressively being used to reduce automobile weight, which results in decreasing the overall fuel consumption. High thermal stability associated with silicone fluids is estimated to boost industrial growth in the years to come. The growing application of silicone in paper, labels, leather packaging, textiles, and airbags is expected to propel the demand for silicone over the forecast period. Silicone is used as an adhesive, wetting agent, solvent, and anti-foaming agent in the applications mentioned above. Silicones in the textiles industry are used in numerous processes during fabric manufacturing, including the production of yarns and the finished product. Silicones provide lubrication, foam control, and softening to the yarn or fabric. Furthermore, they are used as hydrophobic coatings on the finished product. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

  7. Scope of the Global Silicone Market The study categorizes the silicone market based on product and end-use at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/silicone- market?opt=2950 By Product Outlook •Fluids Straight Silicone Fluids Modified Silicone Fluids • • •Gels •Resins •Elastomers • • • •Others • • High-Temperature Vulcanized (HTV) Liquid Silicone Rubber (LSR) Room Temperature Vulcanized (RTV) Adhesives Emulsions © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

  8. By End-use Outlook •Electronics •Transportation •Construction •Healthcare •Personal Care and Consumer goods •Energy •Industrial Process •Others By Region Outlook •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/silicone-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

  9. By Airport Size Outlook (Sales/Revenue, USD Million, 2017-2030) •Large Airport •Medium Airport •Small Airport By Distribution Channel Outlook (Sales/Revenue, USD Million, 2017-2030) •Direct Retailer •Convenience Store •Specialty Retailer •Departmental store By Region Outlook (Sales/Revenue, USD Million, 2017-2030) •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

  10. The elastomers segment is projected to account for the largest market share, by product Based on product, the global silicone market is divided into fluids, gels, resins, elastomers, and others. In 2021, the elastomers accounted for the largest market share. Silicone elastomers are vulcanized silicone-based polymers that are made with a combination of linear polymers, crosslinker, reinforcing agents, and a catalyst. Based on the type of basic straight-chain molecule and the processing temperature, these elastomers have been further characterized as Liquid Silicone Rubber (LSR), Room Temperature Vulcanization (RTV), and High-Temperature Vulcanizing (HTV). The growing demand for lightweight automobile parts as they help to improve fuel efficiency and reduce emissions is expected to drive the demand for elastomers in the market over the forecast period. Asia Pacific accounts for the highest CAGR during the forecast period Based on the regions, the global silicone market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR in the global silicone market during the forecast period. The region includes the countries such as China, India, Japan, South Korea, Australia, Southeast Asia, and Rest of Asia-Pacific. The growth of the region is primarily due to strong economic growth in the domestic emerging countries such as China, Indonesia, Malaysia, and India. Request For Report Description: https://www.marketstatsville.com/silicone-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

  11. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com

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