$ 8.8 billion Silicone Elastomers (HTV, LSR, RTV) Market – Global forecast up to 2023 – ResearchAndMarkets.com – Press release



DUBLIN – (Business Wire) – The "Silicone
Elastomers Market according to type (HTV, LSR, RTV), process (extrusion, liquid
Injection, injection, compression), end-use industry (transport,
Electronics, healthcare, consumer goods, industrial machinery), and
Region – Global forecast up to 2023 "
report has been added to ResearchAndMarkets.com & # 39; s
offer.

The market for silicone elastomers is expected to grow from USD 6.38
billion in 2018 to USD 8.81 billion in 2023, at a CAGR of 6.7% between
2018 and 2023.

The superior properties of silicone elastomers, the refueling of aging populations
the demand from the healthcare sector and the high demand for silicone
elastomers from the electrical and electronic industries drive the
silicone elastomers market around the world. Stagnant growth, however
The developed countries are expected to exercise restraint towards the
silicone elastomer market during the forecast period.

The growth of global health care plays an important role in this
controlling the market for silicone elastomers. In this industry, silicone
elastomers are used to make snakes for food, electrosurgical
handpieces, test chambers and infusion chambers, insert tips and flexible
sleeves, shunts & septum, earplugs & hearing aids, and for the
production of various types of seals, valves, stoppers and clips.
The global aging of the population is an important engine for the silicone
elastomeric market in health care. Pacemaker and others
devices are made by silicone elastomers.

The aging population is prone to organ failure, cardiovascular disease,
and hearing disorders, which indirectly demand
healthcare and medical equipment, where silicone elastomers are used
the productionproces. Most of these products are manufactured using
medical silicone elastomers. So, the medical application of
silicone elastomers are directly affected by the increasing demand for
silicone elastomer-based products in health care.

Important topics covered:

1 Introduction

2 Research methodology

3 Summary

4 Premium Insights

5 Market overview

6 Silicone elastomers market, by type

7 Silicone Elastomers Market, per process

8 Silicone elastomer market, per end-use industry

9 Silicone elastomers market, by region

10 Competitive landscape

11 Company profiles

  • Dow Corning Corporation

  • Wacker Chemie AG

  • Momentive Performance Materials Inc.

  • Shin-Etsu Chemical Co., Ltd.

  • KCC Corporation

  • China National Bluestar (Group) Co., Ltd.

  • Reiss Manufacturing Inc.

  • Mesgo S.P.A.

  • Zhejiang Xinan Chemical Industrial Group Co., Ltd.

  • Specialty Silicone Products Inc.

For more information about this report, please visit https://www.researchandmarkets.com/research/72hvnc/8_8_billion?w=4

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