MARKET INTRODUCTION
The silicones can function at a consistently higher temperature (usually around and above 150 degrees C) are termed as high-temperature silicones. Steadily rising industrialization, improving high-temperature technologies, and increasing miniaturization are giving rise to increasing in high-temperature materials, thus providing rigorous opportunities for high-temperature silicone products. Few new high performance chemicals have been developed in the past few years, and have proven themselves valuable in major application parts of automotive and industrial, yet the appropriate price range and oil-resistant properties of silicones give them an advantage over competing chemicals.
MARKET DYNAMICS
The development in electronic devices and rising concern over the electrical and thermal resistance of products are driving the market demand of high-temperature silicones. The growing application of high-temperature silicone in the construction, coupled with the rising construction sector, has increased the demand. Premium prices limit the market of high-temperature silicone in developing countries; however, the situation is expected to change, and the market is expected to showcase a high growth rate during the forecast period. For example, over the last few years, the lightweight materials market for the automobile industry has increased drastically, which resulted in decreasing the overall fuel consumption.
MARKET SCOPE
The "Global High Temperature Silicone Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the High temperature silicone with detailed market segmentation by product and end-use. The global High temperature silicone market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading High temperature silicone market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global High temperature silicone market is segmented on the basis of product into high-temperature elastomers, high-temperature coatings, high-temperature sealants and adhesives, and high-temperature industrial plastics. On the basis of end-use the High temperature silicone market is segmented into automotive, construction, industrial, electrical and electronics, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global High temperature silicone market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The High temperature silicone market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the High temperature silicone market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the High temperature silicone market in these regions.
MARKET PLAYERS
The reports cover key developments in the High temperature silicone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from High temperature silicone market are anticipated to lucrative growth opportunities in the future with the rising demand for High temperature silicone in the global market. Below mentioned is the list of few companies engaged in the High temperature silicone market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the High temperature silicone market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Shin-Etsu Chemical
- Momentive Performance Materials
- Dow Corning
- Wacker Chemie
- BASF SE
- Elkem AS
- Gelest Inc.
- Specialty Silicone Products, Inc.
- Evonik Industries AG
- Innospec Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.