London, UK (PRWEB) April 03, 2015
The value of the global market for silicone elastomers was over USD 6.500 billion in 2013 and is expected to post a CAGR of close to 9.28% through to 2019. The unequalled quality of silicone elastomers, high demand from the end-user industries like automotive, electrical and electronics, health care, among others, are driving the market expansion. The higher production costs leading to the hike in silicone elastomer prices are acting as hindrance for the end-user sectors.
Dow Corning Corporation, Momentive Performance Materials Inc., Wacker Chemie A.G., Shin-Etsu Chemical Co., Ltd., Speciality Silicone Products Inc., Wynca Group, Mesgo S.p.A., and China National Bluestar Group are the dominant companies operating in the market. These firms are focusing on increasing their production capacities to gain a competitive edge to serve the clients more effectively. The key strategies most frequently chosen by these players during 2010-2014 were new product development and launches, which were driving the silicone elastomer demand.
Topical research study Silicone Elastomers Market by Type (HTV, RTV, & LSR), by Process (Extrusion, Injection Molding, Compression Molding, & Others), & by Application (Automotive, E&E, Industrial Machinery, Consumer Goods & Others) – Global Forecast to 2019 elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com
Title: Silicone Elastomers Market by Type (HTV, RTV, & LSR), by Process (Extrusion, Injection Molding, Compression Molding, & Others), & by Application (Automotive, E&E, Industrial Machinery, Consumer Goods & Others) – Global Forecast to 2019
Published: January, 2015
Price: US$ 4,650.00
The report provides a comprehensive, unbiased analysis of the worlds silicone elastomers market, segmenting it based on type, process, application, and geography; presenting accurate estimates of the market size (value and volume) plus forecasts for each of the segments. The study sheds light on the key restraints, drivers, opportunities and challenges, along with the impact of these different factors on the marketplace. The research publication discusses key trends in the industry, including a detailed value chain analysis, Porters five forces analysis, insights into the regulatory framework, and strategic benchmarking. The report provides a deep examination of the competitive scene, and profiles the ten leading market players. The outlook for the market including granular market size forecasts through 2019 is provided as well.
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Oversee how the world silicone elastomers market is poised to evolve through to 2019.
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