The Future of Silicone Elastomers to 2026

The global market for silicone elastomers is expected to grow to 555.9 thousand tonnes in 2026, at a CAGR of 5.1%. Transportation is forecast to slightly gain market share from 27.7% of the market in 2020 to 28.1% in 2026. This expert report will examine in-depth the global market for silicone elastomers; by product, by end-use and by geographical regions and major countries.

Table of Contents Key Facts and Figures

The silicone elastomers global market was 415,000 tonnes in 2016, and increased at a CAGR of 6.15% to 496,000 tonnes in 2019. Due to COVID-19, the global market is estimated to have fallen to 421,000 tonnes in 2020, but expected to grow to 556,000 tonnes in 2026, at a CAGR of 5.1%.

Transportation is the largest end-use sector, with 27.7% of the market in 2020; and forecast to increase to 28.1% in 2026.

With global demand for silicone elastomers rising in many key applications as end users’ needs evolve in response to new stimuli and performance requirements, this latest market report from Smithers will examine in depth the global market for silicone elastomers; by product, by end-use and by geographical region and major country.

The report also identifies key growth prospects and technical challenges to wider adoption of silicone elastomer grades.

Our exclusive content:

Similarly to all global elastomer markets, that of silicone elastomers has also suffered a serious setback since the beginning of 2020. However, the major difference compared to other elastomers is that silicone elastomers are rebounding rapidly, despite (or more important because of) the COVID-19 pandemic. The growth in silicone elastomers has, to a large extent, been due to increased demand for use in medical applications, such as masks, tubing and coating hospital fabrics.

What will you discover?

The principal drivers for the growth of silicone elastomers:
  • The advent of COVID-19 has seriously challenged the market for silicone elastomers, presenting positive opportunities in medical and automotive applications, but a reduction in other markets
  • HTV products are currently the most important in silicone elastomers, however, LSR is increasing faster and will shortly overtake HTV
  • The need for combination of high temperature and high chemical resistance for automotive under-the-bonnet applications
  • The need for controlled electric vehicle battery management.
The Smithers Methodology

This report is based on extensive primary and secondary research. Primary research consisted of interviews with companies along the silicone elastomer supply chain, including materials suppliers, producers and users. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.

Who should buy the report?
  • Synthetic rubber and polymer suppliers
  • Elastomer producers and users
  • Elastomer processing and testing equipment suppliers
  • Rubber and polymer additive suppliers
About the author:

Patrick Ellis has spent over 50 years working in the European plastics industry, in a variety of technical, marketing and management roles. He has worked for a number of multi-national organisations, including Shell, Borg-Warner, Monsanto, Hercules, Himont, Neste and the RTP Company. He has also written a number of articles on a wide range of subjects, including PP metallocene catalysts and technologies and alternative sources of lower-alpha olefins.
 
The Future of Silicone Elastomers to 2026

Name The Future of Silicone Elastomers to 2026

Date 10/31/2021

Price $6500.00

Download Brochure

Cancel
Show Policy

Get in touch

Latest Resources

See all resources