New report on Silicone elastomer is a rubber like material containing silicon, carbon, hydrogen and oxygen. Silicone elastomer is available in various forms such as open cell foams, solids, closed cell sponges, along with thermally & electrically conductive elastomers. Due to its elastic properties and ease in shaping and manufacturing, silicone elastomer is popularly used in cooking, baking and food storage products, undergarments, sportswear, and footwear. Due to high dielectric strength, heat stability and good mechanical strength, it is used in electronics, medical devices and hardware, in the making of spark plug boots, ignition cables, door seals, and hoses. It is also used in mould making, electro casting, pad printing, industrial bonding and sealing. Silicone elastomers can also be utilized as substitutes for organic rubbers. Increasing adoption in medical, automotive and healthcare industries are boosting the demand of silicon rubber in the global market. Developments in the construction industries would provide potential opportunities for the global silicone elastomer market.
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The silicone elastomer market is segmented on the basis of its product type, application, and geography. Further product type of silicone elastomer is segmented into liquid silicone rubber, high consistency rubber and fluorosilicone rubber. Applications market of silicone elastomer includes automotive, healthcare, electronic sector, apparel, medical devices, construction, home repair and hardware. Healthcare is the fastest growing segment in silicone elastomer market due to the aging population and a higher level of health care spending. Geographically, the global silicone market is segmented into North America, Asia Pacific, Europe, and LAMEA. Key players in the silicone elastomer market includes Allergan, Arlon silicon technologies ALMET, DOW corning, Cabot Corporation, Rogers corporation, Saint Gobain, and Marsh Bellofram.
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MARKET SEGMENTATION:
Silicone elastomers are segmented on the basis of its Product type, application, and geography.
Market – By Product Type
- Liquid silicone rubber
- High consistency rubber
- Fluorosilicone rubber
- Others
Market – By Application:
- Automotive
- Healthcare
- Electronic sector
- Apparel
- Medical devices
- Home repair and hardware
- Construction
- Others
Market – By Geography
- North America
- Asia Pacific
- Europe
- LAMEA
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