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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
The report analyses the following key players in the global and Asia Pacific silicones market, looking into their market share, capacity and latest developments like plant turnarounds, expansions of capacity, and mergers and acquisitions:
- Elkem Silicones
- Wacker Chemie AG
- Dow Chemical Company
- Evonik Industries AG
- Momentive Performance Materials Inc.
- Siltech Corporation
- Others
EMR’s comprehensive report gives an in-depth insight into the price trends, trade data and the various components of the value chain. It also analyses the market according to Porter’s five forces.
Asia Pacific Silicones Market Report Snapshots
Asia Pacific Silicones Market Size
Asia Pacific Silicones Market Analysis
Asia Pacific Silicones Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Asia Pacific silicones market is projected to grow at a CAGR of nearly 4.7% in the forecast period of 2024-2032.
The market is estimated to reach a volume of nearly 2.07 million metric tons by 2032.
The major drivers of the market include the rising disposable incomes, increasing population, rising electronics industry, and the increasing standards of living.
The rising investments by the government in infrastructure programs is expected to be a key trend guiding the growth of the market.
China, India, and South East Asia are the leading regions in the market, with China accounting for the largest market share in the Asia Pacific.
The major types of silicones include resins, fluids, gels, and elastomers.
The significant application segments in the market are industrial process, home and personal care, construction materials, transportation, energy, healthcare, and electronics, among others.
The major segments in the market are D5 and emulsion.
The leading players in the market are Elkem Silicones, Dow Chemical Company, Wacker Chemie AG, Momentive Performance Materials Inc., Siltech Corporation, and Evonik Industries AG, among others.
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