Industry Background:
Silicone is an important polymer that is used as a raw material to manufacture adhesives, sealants, lubricants, electrical and thermal insulation. The electronics, construction, automotive, medical and personal care industries are the core end users of silicone-based products. Silicone monomers have high purity and are suitable for use in the manufacture of ophthalmic devices, and a contact lens produced from the silicone monomer as a polymerizable component.This growth is primarily driven by High Usage Of Silicone Monomer In Wide Range Of Applications as Compared to Other Substitutive Chemicals
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Key Companies in Study | Dow Corning (United States), Momentive (United States), Wacker Chemie AG (Germany), Elkem Silicones (France), Shin Etsu Chemical Co., Ltd. (Japan), KCC Corporation (South Korea), Dongyue Group Ltd. (China), Zhejiang Xinan Chemical Industrial Group Co. Ltd. (China), Zhejiang Sucon Silicone Co. Ltd.(China), Hoshine Silicon Industry Co Ltd. (China) and Tangshan Sanyou Chemical Industries Co. Ltd (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Chemicals sector in the China region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Dow Corning (United States), Momentive (United States), Wacker Chemie AG (Germany), Elkem Silicones (France), Shin Etsu Chemical Co., Ltd. (Japan), KCC Corporation (South Korea), Dongyue Group Ltd. (China), Zhejiang Xinan Chemical Industrial Group Co. Ltd. (China), Zhejiang Sucon Silicone Co. Ltd.(China), Hoshine Silicon Industry Co Ltd. (China) and Tangshan Sanyou Chemical Industries Co. Ltd (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 11th March 2022, Minnesota Rubber and Plastics (MRP), a provider of elastomer and thermoplastic solutions for the medical, water, and specialty industrial end markets, has acquired Primasil Silicones, a custom silicone rubber compounder, mixer, and manufacturer based in Weobley, U.K., that specialises in the medical, HVAC, and specialty industrial end markets.
On 13 April 2022, Momentive Performance Materials, Inc. (Momentive), a premier global high-performance silicones and specialties company, announced plans to relocate its current Tarrytown, New York location and open a Global Innovation Center (GIC).The market is highly fragmented due to numerous players who are involved in product innovation. The capital investment associated with R & D is creating a strong exit barrier for the new players which are propelling the Global Silicone Monomer market.
Regulatory Insights:
The first regulation that silicone must follow in Europe is REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals). More information is available at, regulations that aim to protect human health and the environment while encouraging the substitution of hazardous chemicals currently in use. Commercial silicones are polymers derived from substances; our formulations may contain various additives to provide the final formulation with properties. And here the challenge begins: determining which components must be registered in accordance with REACH regulations and which do not. Similarly, it is necessary to determine which position in the logistics chain is occupied in order to determine which obligations must be met.
Silicone Monomer Market Dynamics:
Attributes | Details |
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Growth Drivers | - High Usage Of Silicone Monomer In Wide Range Of Applications as Compared to Other Substitutive Chemicals
- Increasing Raw Material and Easy Availability To The Manufacturers
- Rising Investments and R & D in Silicone Monomer Product Line.
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Influencing Trends | - Rising awareness Regarding Favourable Properties Of Silicone Such as Chemical Stability, Ozone And UV Resistance, and Consistent Performance over A Wide Temperature Range Is One Of the Key Trends Stimulating the Market Growth Rate.
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Restraints | - Supply Of Silicone Monomer has been difficult to Keep Steady, as Plant Shutdowns In recent years have impacted Raw Silicone Availability Which In turn may hamper the Market.
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Road Blocks / Challenges | - Increasing cost of raw materials used for silicone monomers is posing a challenge for the market.
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Gaps & Opportunities | - Growing Demand for Silicone Products is expected to increase at a Rate Surpassing That Of the average increase in the World’s GDP.
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Silicone Monomer Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the medium utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Silicone Monomer Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, SEC filings of Silicone Monomer players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Silicone Monomer Study Sheds Light on
The Silicone Monomer Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Silicone Monomer industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Silicone Monomer industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.