Specialty Silicone Market by Applications over 2018-2025
The latest Specialty Silicone Market analysis and research report talks about major applications of Specialty Silicone, growth of these segments as well as offers insights into company’s active in this industry and their information.
The latest Specialty Silicone Market analysis and research report talks about major applications of Specialty Silicone, growth of these segments as well as offers insights into company’s active in this industry and their information.
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The specialty silicone market has been segregated based on type, end-user and<br />
region. Antifoam/ defoaming agents, greases, polish/shinning agent, water repellants,<br />
elastomers, surfactants, textile softeners, and thin membranes are the various types<br />
of products available in the market. Among all these types, specialty silicone elastomer<br />
is likely to be a key segment capturing a significant market share. This product type is<br />
used in medical implants, automotive, dental, aerospace, etc. <strong>Silicone</strong> elastomers are<br />
adaptable, has low flammability, durable and has high dielectric strength which make<br />
this product type more popular among others.<br />
Some of the key market participants in the global specialty silicone market includes<br />
Siltech, Momentive Performance Materials, KCC Basildon, Evonik Industries, AB<br />
<strong>Specialty</strong> <strong>Silicone</strong>s, Wynca Group, Trelleborg Sealing, <strong>Specialty</strong> <strong>Silicone</strong> Products<br />
Inc., NUSIL, Quantum <strong>Silicone</strong>s LLC and Dow Corning Corp. Capacity expansions are<br />
a key strategy that market players use to strengthen their positions. For example, in<br />
September 2017, Evonik Industries AG completed its construction of the Shangai plant<br />
which would produce specialty silicones. AB <strong>Specialty</strong> <strong>Silicone</strong> also expanded the<br />
capacity of its plant and would make more developments in upcoming years in the<br />
Waukegan III plant.<br />
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