Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
Latin America silicones market size attained a value of USD 262.26 Million in 2023. The market is further expected to grow at a CAGR of 3.80% between 2024 and 2032, to reach a value of USD 366.87 Million by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Latin America Silicones Market Analysis
Swift development of principal end-use industries like automotive, electrical, electronics and construction are expected to drive the growth in Latin America. Further, the presence of electronic producers should offer new opportunities for silicone producers in Latin America. Also, a broad crude oil production establishment in Brazil, Venezuela and Chile may stimulate the use of silicone polymers and fluids during the forecast period.
Rising demand for liquid silicone rubber is also likely to drive the market in Latin America. Expansion of the auto industry in Latin American markets, along with Asia Pacific and Africa, are projected to drive the high-temperature elastomer market growth. High-temperature elastomers are employed in the production of tyres, speciality rubber and seat cover. Silicones in Mexico might benefit from a robust increase in manufacturing activity.
The market for sealants and adhesives in Latin America should be driven by development in end-user segments such as construction and automobiles where adhesives and sealants are employed in panel laminating, flooring, insulation, facades, coating and lamination, etc. Chile, Colombia, Brazil, Peru and Argentina have witnessed rapid growth in their industrial sectors which has increased the demand for sealants and adhesives. While ecological concerns and volatility in prices of raw material may hinder market growth, bio-based sealants and adhesives may see greater demand in future. Among all types of sealants, silicone-based sealants should grow most rapidly during the forecast period owing to rising innovation in product development.
The report by EMR provides a detailed analysis of the silicones market in Brazil, Argentina and Chile. The report also analyses the types of feedstock for Latin America silicones market.
Latin America Silicones Market Report Snapshots
Latin America Silicones Market Size
Latin America Silicones Market Analysis
Latin America 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.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The Latin America silicones market is expected to grow at a CAGR of nearly 3.80% in the forecast period of 2024-2032.
The Latin America silicones market is likely to reach a value of USD 366.87 Million by 2032.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising construction and automobile industries.
The increased crude oil production establishment in Brazil, Venezuela as well as Chile may lead to an increased use of silicone polymers and fluids during the forecast period.
Brazil, Argentina, and Mexico, among others, are the major regional markets for silicone in Latin America.
Resins, fluids, gels, and elastomers are the leading types of silicones in the industry.
The significant application segments in the market are industrial process, construction materials, home and personal care, transportation, energy, healthcare, and electronics, among others.
The leading segments in the market are D5 and emulsion.
The leading players in the market are Elkem Silicones, Wacker Chemie AG, Dow Chemical Company, Evonik Industries AG, Momentive Performance Materials Inc., and Siltech Corporation, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124