MarketsandMarkets has released a new forecast report on the global silicone market from 2012 to 2017. The report categorizes the worldwide market for silicones on the basis of geography, type of silicone materials and applications.
In addition, it provides forecast on volumes, revenue and trends. Additionally, the report includes profiles of major manufacturers in the industry, including Rhodia, Bostik, Momentive Performance Materials and The Dow Corning.
Silicone materials are largely utilized in consumer products, such as toiletries and cosmetics, and also in medical products. Silicone gels are growing rapidly due to increasing demand for gel encapsulants in photovoltaic and LED applications. Silicones are increasingly utilized in medical applications due to their water-resistant, chemical and thermal stability and biocompatibility features. The materials’ inert and stable properties make them ideal for applications in sectors, such as automotive, paints and coatings, electronics, restoration, chemicals, paper and film, healthcare and construction. In addition, improvements in silicone properties, including bacterial resistance, high performance, biocompatibility and stability have contributed to the rising market of silicone materials in both developing and developed regions globally.
The report also includes answers for key questions about the market. They include:
- How is the competitive outlook?
- What are the key selling products; what are their strategic directives and operational strengths?
- What are market forecasts and estimates; which markets are performing well and which are not?
- Where are the gaps and opportunities; what is driving the market?
- Which are the high-growth segments and how is the market divided in terms of technology and applications?
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