Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

Growing at a CAGR of 6.7%

admin by admin
February 21, 2022
in Press
Share on FacebookShare on Twitter


(EMAILWIRE.COM, February 21, 2022 ) The Silicone Elastomers Market size is projected to grow from USD 6.4 billion in 2018 to USD 8.8 billion by 2023, at a CAGR of 6.7%. The demand for silicone elastomers is driven mainly by the high demand from the transportation and electrical & electronics industries. Silicone elastomer is also used in various other industries such as automotive & transportation, healthcare, consumer goods, and industrial machinery.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6310524

The HTV segment is leading the market for silicone elastomers.

HTV (high temperature vulcanized) silicone elastomers accounted for more than 50% of the overall silicone elastomers in 2017. They are used in a wide range of industries due to their properties such as electrical conductivity, radiation resistance, steam resistance, flame retardance, and extreme temperature resistance. These elastomers are used mostly in automotive & transportation, electrical & electronics, and healthcare industries.

The healthcare industry is projected to be the fastest-growing end-user of silicone elastomers.

Silicone elastomers are used extensively in the healthcare industry due to their properties such as biocompatibility, low surface tension, high permeability, and pressure-sensitive properties. The growing aging population and rising awareness about healthcare are fueling the demand for silicone elastomers in the healthcare industry. Silicone elastomers are used in dental and surgical devices, diagnostics and imaging, fluid and drug delivery devices, scar management, laboratory accessories, wound drains, dialysis O-rings, and sterilization mats in this end-use industry.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=6310524

APAC is the largest market for silicone elastomers.

APAC is the largest and the fastest-growing market for silicone elastomers, globally. The easy availability of cheap labor and raw materials has led to significant foreign investments in the region, especially in emerging economies such as China, Indonesia, Taiwan, and India. These investments have led to the growth of various end-use industries, thereby fueling the demand for silicone elastomers.

The key companies operating in the silicone elastomers market are Dow Corning (US), Wacker Chemie (Germany), Momentive Performance Materials (US), Shin-Etsu (Japan), China National Bluestar Silicones (China), KCC Corporation (South Korea), Reiss Manufacturing (US), Mesgo SpA (Italy), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China), and Specialty Silicone Products (US).

Get 10% Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=6310524



Source link

Previous Post

GOFA INTERNATIONAL Virtual Product Launch Event in the Gulf Region

Next Post

MBMV invests in international bio-tech startup Arcensus from Rostock

RelatedPosts

Press

Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

(EMAILWIRE.COM, June 17, 2025 ) Bearing Industry OverviewAccording to a comprehensive research report by Market Research Future (MRFR),...

by admin
June 17, 2025
Press

Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

(EMAILWIRE.COM, June 17, 2025 ) Contract Research Organization (CRO) Market Overview:The Contract Research Organization (CRO) market has evolved...

by admin
June 17, 2025
Press

Radiology Services Market Share Projected To Reach 65 Billion USD By 2035 | Technology, Trends and Outlook

(EMAILWIRE.COM, June 17, 2025 ) Radiology Services Market OverviewAs per MRFR analysis, the Radiology Services Market Size was...

by admin
June 17, 2025
Press

Trending Telemedicine Market to Surpass USD 200 Billion by 2035, Registering a CAGR of 9.77% 

(EMAILWIRE.COM, June 17, 2025 ) Telemedicine Market: A Comprehensive Analysis of Growth, Players, and Global TrendsThe telemedicine market...

by admin
June 17, 2025
Load More

Advertize

Latest Post

تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

by admin
June 20, 2025

HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

by admin
June 19, 2025

Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

by admin
June 18, 2025

Four Investment Ideas to Grow Your Wealth in UAE

Maternity Coverage in Health Insurance

by admin
June 18, 2025

Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

by admin
June 17, 2025

Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

by admin
June 17, 2025

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2025 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™