Silicone Elastomer Market: Increase In Aviation Sector Will Drive Aerospace Applications Fueling The Need For Elastomer Silicone
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The Silicone Elastomer Market produces silicone elastomer which is referred to as a silicone-based polymer that is vulcanized. It is seen in different forms like closed cell sponges, solids, thermally conductive and open cell foams.
The silicone products have an ability to retain mechanical properties over wide range of temperature.
The material silicone is one of the most versatile polymer in the Silicone Elastomer Market consisting of an alternating silicon oxygen backbone with an aromatic side group.
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Scope & Regional Forecast of the Silicone Elastomer Market
The Silicone Elastomer Market produces silicone products which have the properties of fuel and oil resistance, good performance at different temperatures, and low smoke density. The flourishing automotive industry in economies like India and South Korea and automotive industries in German, China, and France will strengthen the demand for the silicone polymer.
The elastomer silicone is used as an adhesive in electronics and electrical products due to its property of extended lifetime. The electronics and electrical industry is seeing a surge due to the technological advancements and consumer awareness regarding these products.
Hence, the Silicone Elastomer Market is expected to have a healthy growth in the coming years in the construction and electrical industry.
The silicone elastomer sheeting is used in ornaments, furniture, restoration, prototyping, and mould making. The increase in the global population, rise in disposable income, increase in power purchase parity of people has led to the demand for consumer goods.
This factors cause the growth of the Silicone Elastomer Market.
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Segmentations & Key Players Involved in the Silicone Elastomer Market
The Silicone Elastomer Market can be broken down into various segmentations on the basis of –
- Types- Liquid Silicone Rubber, High Consistency Rubber, Fluorosilicone Rubber, and Others.
- Application- Automotive, Healthcare, Electronics, Apparel, Medical Devices, Home Repair & Hardware, Construction, and Others.
- Region- North America, China, Europe, Southeast Asia, Japan, and India.
Some of the key players involved in the Silicone Elastomer Market are as follows:
- ICM Products
- The Dow Chemical
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