Press Releases
 
Global Silicones Market at a Projected CAGR of more than 5% over the Forecast Period 2018-2023

united states, 6 July 2018 -- The global silicones market has witnessed a positive growth on account of a significant shift in the preferences of consumers towards the use of eco-friendly products along with increasing applications of silicones across the electronics, paints, construction and food industries.

Silicones, or polydialkylsiloxanes, belong to a modern class of synthetic materials which are made by reacting silicon first with methyl chloride and then with water. They are odourless, have a rubber-like texture and are available in different forms. Some of the characteristics of silicones include flexibility, stability, permeability to gases, low glass transition temperature, as well as a high resistance to moisture, chemicals, heat, cold and ultraviolet radiation. A new research report by IMARC Group, titled “Silicones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global silicones market reached a volume of around 2.05 Million Metric Tons in 2017. The report further anticipates the market to reach a volume of 3 Million Metric Tons by 2023, at a projected CAGR of more than 5% over the forecast period.

Get free sample report: https://www.imarcgroup.com/request?type=report&id=878&flag=B

Global Silicones Market Drivers/Constraints:

There has been an increase in the usage of silicones for the production of sealants, thermal and electrical insulation, and adhesives owing to their rubber-like quality and heat resistant nature. This has created new opportunities for the growth of the silicones market.

As compared to petrochemicals, products manufactured using silicones generate less carbon dioxide as well as other greenhouse gas emissions. This has, in turn, contributed towards an augmented demand for silicones in numerous end-use industries such as electronics, paints, construction and food.

Some of the factors which have been positively influencing the growth of the market include an increase in infrastructure development along with the expansion of production facilities in emerging nations.

There has been a continuous rise in the prices of key raw materials used for the production of silicones including methyl chloride and silicon metal. This acts as a major hindrance which is impeding the growth of the global silicones market.

Source: https://www.imarcgroup.com/global-silicones-market

# # #


Media Contacts:
IMARC Group
USA: +1-631-791-1145
Email:
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal

Image Attached Image Attached Download file at: https://www.imarcgroup.com/files/images/silicones-market-report-2018.png
(Right click and save file to download.)

Document Attached Image Attached Download file at: https://www.imarcgroup.com/silicones-market
(Right click and save file to download.)

Submitted by Imarc Group, IMARC Group on Friday, 6 July 2018 at 4:57 PM
Category: Science & Research
 
Related News

Global Pharmaceutical Grade Lactose Market: Global Analysis and Opportunity Assessment 2023
Saturday, 14 Jul 2018

Global Haircare Market: Sales, Consumption, Demand and Forecast 2023
Saturday, 14 Jul 2018

Global Electric Propulsion System Market : Cost Analysis, Strategy and Growth Factor 2023
Saturday, 14 Jul 2018

Global Molecular Microbiology Market : Industry Size, Share, Analysis, Trend & Forecast 2023
Saturday, 14 Jul 2018

2018-2025 Global Blood Bags Market: Environment Development Trend & Forecast Report
Friday, 13 Jul 2018

Related Events

Disruptive Sustainability Technologies Conference
Thursday, 23 Aug 2018

International SAP Conference for Building Materials, Prague, 2018
Tuesday, 16 Oct 2018

Future Armoured Vehicles Survivability 2018
Tuesday, 13 Nov 2018

Latest News

Benefits of Ostarine MK2866
Monday, 16 Jul 2018

What Would be the Standard Video Game Tester Requirements?
Monday, 16 Jul 2018

TCXhub Crypto Exchange Platform To Launch
Sunday, 15 Jul 2018

Invest in Premium Soundproofing Floors
Sunday, 15 Jul 2018

Cork Flooring Tiles-Useful Tips
Sunday, 15 Jul 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Monday, 16 July 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Investment Properties for Sale
  • Success With Failure: Strategies for the Evaluation and Treatment of Heart
  • Mountain Adventure Summer Camp Verbier Switzerland
  • Best Summer Camp Switzerland
  • World Congress on Prevention of Diabetes And its Complications Edinburgh 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.