Global Silicone Gel Market to Reach $2.5 Billion by 2030
The global market for Silicone Gel estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Electrical & Electronics, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Medical & Pharmaceuticals segment is readjusted to a revised 5.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $480.4 Million, While China is Forecast to Grow at 4.9% CAGR
The Silicone Gel market in the U.S. is estimated at US$480.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$427.4 Million by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.Select Competitors (Total 44 Featured) -
- ACC Silicones Ltd.
- Applied Silicone Corporation
- Dow, Inc.
- DuPont de Nemours, Inc.
- Elkem Silicones
- Gelest, Inc.
- Henkel AG & Co. KGaA
- KCC Corporation
- Momentive Performance Materials, Inc.
- North Coast Medical Inc.
- Novagard Solutions
- NuSil Technology LLC
- Shin-Etsu Chemical Co., Ltd.
- Silicone Solutions
- Siltech Corporation
- Wacker Chemie AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ACC Silicones Ltd.
- Applied Silicone Corporation
- Dow, Inc.
- DuPont de Nemours, Inc.
- Elkem Silicones
- Gelest, Inc.
- Henkel AG & Co. KGaA
- KCC Corporation
- Momentive Performance Materials, Inc.
- North Coast Medical Inc.
- Novagard Solutions
- NuSil Technology LLC
- Shin-Etsu Chemical Co., Ltd.
- Silicone Solutions
- Siltech Corporation
- Wacker Chemie AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.6 Billion |
Forecasted Market Value ( USD | $ 2.5 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |