“According to the Food Contact Status and FDA Regulations tube, supplied are manufactured with silicone elastomer which is formulated to meet applicable food contact regulations and recommendations & are in compliance with FDA 21 CFR 177.2600. This includes compliance with subsections 177.2600 (d – h). There are also limitations described in these subsections such as rubber articles intended for use with dry food are so formulated and cured under conditions of good manufacturing practice as to be suitable for repeated use.”
The article cited AMA's "Global Silicone Elastomers Market Study" explored CAGR of 6.1%. According to the report, Increasing Application of Antimicrobial Silicone Elastomers in the Healthcare Industry
is one of the primary growth factors for the market. Rise in Scope in Medical Device and Healthcare Applications
is also expected to contribute significantly to the Silicone Elastomers market. Overall, applications of Silicone Elastomers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Process, such as Extrusion, is boosting the Silicone Elastomers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-use Industry, such as Automotive & Transportation, is boosting the Silicone Elastomers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Silicone Elastomers market identified that the demand is rising in many different parts of the world as "Increasing Demand Form Automotive Industry
". Furthermore, some recent industry insights like "10th June 2019, Wacker Chemie AG Company engaged in the chemical business expanded silicone production line in China for increasing the global production capacity of high consistency silicone elastomers." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Silicone Elastomers market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Silicone Elastomers market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.