Global Silicone Gel market will reach 3870 million US$ by the end of 2025
The global Silicone Gel market is valued at 1490 million US$ in 2017 and will reach 3870 million US$ by the end of 2025, growing at a CAGR of 12.7% during 2018-2025. https://www.qyresearch.com/index/detail/292288/global-silicone-gel-market
The global Silicone Gel market is valued at 1490 million US$ in 2017 and will reach 3870 million US$ by the end of 2025, growing at a CAGR of 12.7% during 2018-2025. https://www.qyresearch.com/index/detail/292288/global-silicone-gel-market
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<strong>Global</strong> <strong>Silicone</strong> <strong>Gel</strong> <strong>market</strong> <strong>will</strong><br />
<strong>reach</strong> <strong>3870</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong><br />
<strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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QYResearch<br />
• <strong>Global</strong> <strong>Silicone</strong> <strong>Gel</strong> Market Research Report 2018 <strong>the</strong> <strong>Silicone</strong><br />
<strong>Gel</strong> <strong>market</strong>, <strong>Silicone</strong> <strong>Gel</strong> are mainly used in encapsulation <strong>of</strong><br />
electronic components for <strong>the</strong> automotive and power<br />
electronics industries and medical.<br />
• In global <strong>market</strong>, <strong>the</strong> consumption <strong>of</strong> <strong>Silicone</strong> <strong>Gel</strong> increases<br />
from 62076 MT in 2013 to 84659 MT in 2016, at a CAGR <strong>of</strong><br />
8.93% from 2017 to 2024. In 2016, <strong>the</strong> global <strong>Silicone</strong> <strong>Gel</strong><br />
<strong>market</strong> is led <strong>by</strong> United States, capturing about 30.11% <strong>of</strong><br />
global <strong>Silicone</strong> <strong>Gel</strong> consumption. Europe is <strong>the</strong> second-largest<br />
region-wise <strong>market</strong> with 25.34% global production share.
QYR<br />
• At present, <strong>the</strong> major manufacturers <strong>of</strong> <strong>Silicone</strong> <strong>Gel</strong><br />
are Dow Corning, Shin-Etsu Chemical, Wacker,<br />
Momentive Performance Materials, Bluestar<br />
<strong>Silicone</strong>s (Elkem Group), ACC <strong>Silicone</strong>s, <strong>Gel</strong>est, KCC<br />
Corporation, etc. . Dow Corning is <strong>the</strong> world leader,<br />
holding 14.72% production <strong>market</strong> share in 2017.
QYR<br />
• In application, <strong>Silicone</strong> <strong>Gel</strong> downstream is wide and recently<br />
<strong>Silicone</strong> <strong>Gel</strong> has acquired increasing significance in various<br />
fields <strong>of</strong> Electrical & Electronics, Medical &<br />
Pharmaceuticals, Cosmetics & Personal Care and o<strong>the</strong>rs. The<br />
<strong>Silicone</strong> <strong>Gel</strong> <strong>market</strong> is mainly driven <strong>by</strong> growing demand for<br />
Electrical & Electronics which accounts for nearly 67.15%<br />
<strong>of</strong> total downstream consumption <strong>of</strong> <strong>Silicone</strong> <strong>Gel</strong> in global.
QYR<br />
The global <strong>Silicone</strong> <strong>Gel</strong> <strong>market</strong> is valued at 1490 <strong>million</strong> <strong>US$</strong><br />
in 2017 and <strong>will</strong> <strong>reach</strong> <strong>3870</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong>,<br />
growing at a CAGR <strong>of</strong> 12.7% during 2018-<strong>2025</strong>.<br />
Click to view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/292288/<br />
global-silicone-gel-<strong>market</strong>
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