Global Polyisobutylene Market 2017: Region Wise Analysis of Top Players in Market By Types and Application

The global polyisobutylene market has been witnessing a positive growth. This is due to the rising R&D investments along with the rapid increase in the demand of lubricants, tires and tubes across various nations.

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The latest report by IMARC Group, titled “Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global polyisobutylene market has reached a value of more than US$ 2 Billion in 2016. Polyisobutylene or butyl rubber is a polymer of isobutylene which is produced from monomer isobutylene by using cationic vinyl polymerization. It appears as an elastic rubbery viscous or semi-solid substance which is tasteless, odourless and colourless. Some of the other properties of polyisobutylene include ozone resistance, biocompatibility, high heat and damping, weathering resistance and flexibility. Apart from this, it is also gas impermeable as it can hold air for a longer period of time.

Highlights of the global polyisobutylene market:

• Increase in demand for tires and tubes globally acts as a major growth-inducing factor.
• Transportation represents the largest end-use industry.
• Europe dominates the market, holding the majority of the market share.

A strong growth in the transportation industry along with a rapid rise in the demand for tires and tubes across the globe acts as a major factor that is positively driving the growth of the global polyisobutylene market. The growth has also been influenced by increasing demand for lubricants on account of deposit control property of polyisobutylene. Moreover, other factors that are expected to contribute towards the growth include technological advancements, expanding R&D investments and increasing usage of polyisobutylene in the production of tubeless tires. However, strict rules and regulations by governments across nations along with rising consumer awareness about environment protection may act as a hindrance towards the growth of the market. Looking forward, the global polyisobutylene market is projected to reach a value of more than US$ 3 Billion during 2017-2022.

On the basis of product, the market has been segmented into conventional PIB and highly reactive PIB. Based on end-use, transportation represents the largest end-use industry. It is followed by industrial and food industries. The market has also been divided on the basis of application which includes tires, lube additives, fuel additives, 2-stroke engines, industrial lubes & others, and adhesives & sealants. Region-wise, Europe accounts for the majority of the total global share owing to rising attempts by governments in favour of environment-friendly polyisobutylene products. Other major markets include North America, Asia Pacific, Middle East and Africa, and Latin America. The market has also been segregated on the basis of imports which is led by France, followed by the United States, Singapore, Italy and China. Based on exports, Republic of Korea holds the largest share followed by Germany, Belgium, the United States and Japan. The competitive landscape of the market has also been analysed with some of the key players being Lanxess, BASF, Daelim Industrial Co., Ltd., Reliance Industries Limited and Lubrizol.

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The report by IMARC Group has examined the global polyisobutylene market on the basis of:

Product:

• Conventional PIB
• Highly Reactive PIB

End Use Industry:

• Transportation
• Industrial
• Food

Application:

• Tires
• Lube Additives
• Fuel Additives
• 2-Stroke Engines
• Industrial Lubes & Others
• Adhesives & Sealants

Region:

• Europe
• North America
• Asia Pacific
• Middle East and Africa
• Latin America

Import:

• France
• United States of America
• Singapore
• Italy
• China

Export:

• Republic of Korea
• Germany
• Belgium
• United States of America
• Japan

Key Players:

• Lanxess
• BASF
• Daelim Industrial Co., Ltd.
• Reliance Industries Limited
• Lubrizol

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Global Vinyl Flooring Market Driven by Changing Consumer Preferences

The global vinyl flooring market has witnessed a healthy growth over the past several years. The growing popularity of vinyl flooring, particularly in the commercial sector, and the availability of a variety in the product line have led to a rise in its demand.

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The latest report by IMARC Group titled, “Vinyl Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global vinyl flooring market reached a volume of 950 Million Sq. Metres in 2016, growing at a CAGR of 4% during 2009-2016. A new type of resilient flooring, vinyl flooring is a more durable and cost-effective system as compared to the other modes of flooring, such as wood, concrete, ceramic and marble. It is made of a combination of natural and synthetic polymer materials which are placed in repeating structural units. A vinyl flooring system is known to create a cushion-effect which makes the floor less slippery and helps in reducing the impact of heavy objects. Owing to its affordability, durability and aesthetics, vinyl flooring has gained immense popularity over the years.

Highlights of the global vinyl flooring market:

• Availability of different types of vinyl flooring and changing consumer preferences remain the major driving factors.
• The commercial sector represents the largest application segment.
• Asia Pacific is the largest market for vinyl flooring, driven by rising income levels and urbanization.

The steady growth of the global vinyl flooring market can be attributed to the availability of a diverse product variety. It is available in different sizes, colours, designs and shapes, making it attractive to the modern consumers. The manufacturers are also taking steps to make vinyl flooring more appealing by introducing innovative graphic film layers and design versatility. Additionally, an increase in the purchasing power of the consumers is facilitating the market growth. The emerging construction sector is also anticipated to fuel the global vinyl flooring market in the near future. Owing to these factors, the market is expected to reach a volume of 1,200 Million Sq. Metres by 2022.

The market has been segmented on the basis of product type which includes vinyl sheet, Luxury Vinyl Tile (LVT), and Vinyl Composition Tile (VCT). Sector-wise, the commercial sector represents the largest application segment owing to the increasing demand for vinyl flooring in hospitals, offices, hotels, and educational institutes. Regionally, the market has been segmented into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. As a result of rapid urbanization and rising income levels, Asia Pacific accounts for more than a half of the total market share. On analysing the competitive landscape, it is found that Mohawk Industries Inc., Tarkett, Armstrong World Industries Inc., Shaw Industries Inc., Mannington Mills Inc., Beaulieu International Group, Gerflor and Forbo are the major players operative in the market.

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The report by IMARC Group has examined the global vinyl flooring market on the basis of:

Type:

• Vinyl sheet
• Luxury Vinyl Tile (LVT)
• Vinyl Composition Tile (VCT)

Sector:

• Commercial sector
• Residential sector

Region:

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East and Africa

Key players:

• Mohawk Industries Inc.
• Tarkett
• Armstrong World Industries Inc.
• Shaw Industries Inc.
• Mannington Mills Inc.
• Beaulieu International Group
• Gerflor
• Forbo

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Global Toluene Market 2018: Region Wise Analysis of Top Players in Market By Types and Application

The global toluene market has been witnessing a positive growth. This can be highly attributed to the flourishing end-use industries along with a strong growth in the emerging markets.

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The latest report by IMARC group, title “Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global toluene market has reached a value of more than US$ 21 Billion in 2016. Toluene is a water-insoluble, colourless and organic liquid chemical compound which is produced during the procedure of gasoline production along with other fuels from crude oil. In addition to this, it can be found as a by-product of styrene production and through natural sources such as tolu tree. Owing to its properties, toluene is extensively used as a solvent which is present in nail paint remover, paint thinners, correction fluid, glues, etc.

Highlights of the global toluene market:

• One of the primary growth-inducing factors is the increasing usage of toluene and its derivatives across various industries.
• Reformate process is the leading technology in the market.
• Asia Pacific represents the largest market owing to strong GDP growth.

Thriving end-use industries particularly in emerging countries across the globe acts as a major factor inducing the growth of the global toluene market. The growth is also being driven by the expanding use of toluene in gasoline blends where it controls gasoline’s energy content by acting as octane booster. Moreover, aromatics are being increasingly used in the petrochemical industry for the production of agrochemicals, elastomers and nail paints, etc. This, in turn, is contributing to the market growth. As a result, the global toluene market is further projected to reach a value of nearly US$ 29 Billion, exhibiting a CAGR of 5% during 2017-2022.

On the basis of technology, reformate process clearly exhibits a clear dominance in the market, followed by pygas process, coke/coal process and styrene process. Based on application, benzene represents the largest application of toluene, followed by solvents, xylene and TDI. Region-wise, Asia-Pacific currently accounts for the majority of the total global share. This is due to the rapid growth in GDPs of various countries in the region. Other major markets include North America, Europe, Middle East and Africa, and Latin America. The market has also been segregated on the basis of imports which is led by China, followed by Republic of Korea, India, the United States and the Netherlands. On the basis of export, Republic of Korea holds the largest share in the market. It is followed by Japan, the United States, the Netherlands and Singapore. Further, the competitive landscape of the market has also been analysed with some of the key players being BASF, Covestro, BP PLC, Sk Innovation Co., Ltd and Royal Dutch Shell Plc.

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The report by IMARC Group has examined the global toluene market on the basis of:

Technology:

• Reformate Process
• Pygas Process
• Coke/Coal Process
• Styrene Process

Application:

• Benzene
• Solvents
• Xylene
• TDI

Region:

• Asia-Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Import:

• China
• Republic of Korea
• India
• United States of America
• Netherlands

Export:

• Republic of Korea
• Japan
• United States of America
• Netherlands
• Singapore

Key Players:

• BASF
• Covestro
• BP PLC
• Sk Innovation Co., Ltd.
• Royal Dutch Shell Plc

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Global Gas Analyzer Market 2018: Region Wise Analysis of Top Players in Market By Types and Application

The global gas analyzer market has been witnessing a positive growth. This is due to the increasing consumer awareness about the health hazards of the gas emissions and leakage, as well as various advancements being made in technology.

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The latest report by IMARC Group, titled “Gas Analyzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global gas analyzer market has reached a value of nearly US$ 4 Billion in 2016. Gas analyzers are stationary or portable units which are used for analysing gas; and for measuring the qualitative and quantitative composition of gas mixtures. They are generally fitted with low power consuming and high responsive semiconductor gas sensors. Gas analysers offer various advantages which include safety, accuracy, efficiency and compliance with environment. Currently, they are available in different types such as residual gas analyzer, infrared gas analyzer and orsat gas analyzer.

Highlights of the global gas analyzer market:

• Stringent regulations by various governments remain one of the major factors driving the market growth.
• Oil and gas holds the majority of the market share, representing the leading application segment.
• Asia-Pacific currently represents the largest market for gas analyzer.

One of the major factors catalysing the growth of the global gas analyzer market is the strict legislations and enforcement of health and safety regulations by various governments across the nations. This has resulted in rising consumer awareness about the safety risks of gas emissions and leaks. Apart from this, technological advancements like integration with wireless devices for offering remote-control, real-time monitoring and backing up data logs have also contributed to the growth of the market. Moreover, an expand in explorations of shale gas and tight oil have further strengthened the demand for gas analyzers across the globe. As a result, the global gas analyzer market is expected to reach a value of more than US$ 4 Billion, exhibiting a CAGR of 4% during 2017-2022.

On the basis of application, oil and gas exhibit a clear dominance in the market, followed by power, chemical, food and beverage, and pharmaceuticals. Region-wise, Asia-Pacific is currently the biggest market for gas analysers owing to the expansion in building and construction applications. Other major markets include North America, Europe, Middle East and Africa and Latin America. Based on imports, China accounts for the majority of the share, followed by the United States, Germany, Republic of Korea, Japan and Chinese Taipei. On the basis of export, Germany holds the largest global share. It is followed by the United States, Japan, China, Republic of Korea, and the United Kingdom. The competitive landscape of the market has also been analysed with some of the key players being ABB, Emersion Electric, General Electric, Figaro Engineering Inc. and Thermo Fishers Scientific.

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The report by IMARC Group has examined the global gas analyzer market on the basis of:

Application:

• Oil and Gas
• Power
• Chemical
• Food and Beverages
• Pharmaceutical

Import:

• China
• United State of America
• Germany
• Republic of Korea
• Japan
• Chinese Taipei

Export:

• Germany
• United State of America
• Japan
• China
• Republic of Korea
• United Kingdom

Region:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Key Players:

• ABB
• Emersion Electric
• General Electric
• Figaro Engineering Inc.
• Thermo Fishers Scientific      

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Global Chelating Agents Market 2018: Region Wise Analysis of Top Players in Market By Types and Application

The global chelating agents market has been witnessing a positive growth. This can be attributed to rapid urbanisation and industrialisation, technological advancements, strict government policies and thriving end-use industries.

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The latest report by IMARC Group, titled “Chelating Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global chelating agents market has reached a value of more than US$ 5 Billion in 2016. Chelating agents or chelators, are chemical compounds that form a water-soluble and stable complex by reacting with metal ions. These agents are eco-friendly and cost-effective in nature due to which they find numerous applications across various sectors. Chelating agents are used for rearranging chemical composition and improving general stability of a metal to bond with other substances. Apart from this, they help in decreasing the toxic effects which are produced by metals and in controlling heavy metal poisoning in the human body.

Highlights of the global chelating agents market:

• A strong growth in the end-use industries remain a major factor driving the market.
• Aminopolycarboxylic acid represents the largest type segment.
• Pulp and paper dominates the application segment, accounting for the biggest market share.
• Asia-Pacific holds the largest share owing to the augmenting demand for processed food.

The major factor driving the growth of the global chelating agents market is the escalating demand for pulp and paper industry where chelating agents are extensively used in mechanical pulp bleaching, chemical pulping and reduction of brightness reversion. Additionally, rapid urbanisation and industrialisation have led the governments across various nations to implement strict policies and regulations for fresh and clean water. This has, in turn, broadened the growth prospects for the chelating agents market. Some of the other factors that have been proactive in maintaining the growth include increasing disposable incomes, technological advancements and continuous product innovations being made by the manufacturers. However, the usage of nonbiodegradable chelating agents including EDTA acts as a major hinderance for the growth of the market. Further, the market is projected to reach a value of nearly US$ 7 Billion, exhibiting a CAGR of more than 4% during 2017-2022.

On the basis of type, aminopolycarboxylic acid (APCA) exhibits a clear dominance in the market, followed by sodium gluconate and organophosphonate. Based on application, pulp and paper represent the largest application segment of chelating agents owing to the rising demand for tissue and graphic papers. It is followed by household and industrial cleaning, water treatment, agrochemicals and personal care. Region-wise Asia-Pacific currently accounts for the majority of the total global share. This is due to the expansion of competitive manufacturing costs and production capacity along with the increasing demand for processed food, and clean and treated water. Other major markets include North America, Europe, Middle East and Africa, and Latin America. The competitive landscape of the market has also been analysed with some of the key players operating in the market being AkzoNobel NA, Archer Daniels Midland Company, BASF, Kemira Oyj and DOW Chemical Company.

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The report by IMARC Group has examined the global chelating agents market on the basis of:

Type:

• Aminopolycarboxylic acid (APCA)
• Sodium
• gluconate
• Organophosphonate

Application:

• Pulp and Paper
• Household and Industrial Cleaning 
• Water Treatment
• Agrochemicals
• Personal Care

Region:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Key Players:

• AkzoNobel NA
• Archer Daniels Midland Company
• BASF
• Kemira Oyj
• DOW Chemical Company

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Lithium Compound Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global lithium compound market has witnessed a positive growth in the past several years. This can be accredited to the augmented demand for lithium-ion batteries on account of increased use for portable electronic devices. Some of the other factors include huge investments for infrastructural developments and growth of end-use industries.

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According to IMARC Group’s latest report, titled “Lithium Compound Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global lithium compound market reached a volume of 260,500 Tons in 2016. Lithium is a soft, silvery-white alkali metal, generally extracted from ores and mineral springs where it is found in small amounts. It is a highly reactive and flammable metal and burns with a brilliant white flame. It reacts with oxygen to form monoxide and peroxide and its reaction with water is known to be extremely vigorous. Lithium and its compounds find several industrial applications in the cooling systems for nuclear reactors, rechargeable batteries, special glasses, glass ceramics, aircrafts, armour plating, bicycle frames, etc.

Highlights of the global lithium compound market:

• Increasing use of portable electronic devices such as electric vehicles, camera, pacemakers, smartphones and watches represents the key growth inducing factor. 
• Lithium carbonate represents the most popular type of lithium compound.
• Asia Pacific dominates the market, accounting for the majority of the global share.

The increasing demand-supply gap in the electricity sector has resulted in an augmented demand for lithium-ion batteries. The market is also driven by the increased popularity of portable electronic devices such as electric vehicles, camera, pacemakers, smartphones and watches. Moreover, huge investments in infrastructure developments, renovation of buildings and new housing projects are increasing the demand for glasses and ceramics, thereby providing a thrust to the global lithium compound market. Additionally, increased focus on reducing carbon footprint and the increasing number of power outages particularly in the Asia Pacific region has facilitated the market growth. Owing to the aforementioned factors, the market is expected to reach a volume of 399,800 Tons by 2022, exhibiting a CAGR of more than 7% during 2017-2022.

The market has been segmented on the basis of type, wherein lithium carbonate represents the most popular type of lithium compound. It is followed by lithium hydroxide, lithium concentrate, lithium metal, lithium chloride and butyllithium. The market is also segregated on the basis of end-use into batteries, glass and glass ceramics, automotive parts, greases, metallurgy, polymer and air treatment. Amongst these, batteries account for the majority of the total share. Region-wise, Asia Pacific dominates the market, accounting for the majority of the global share. Other major regions include North America, Europe, Middle East and Africa, and Latin America. On analyzing the competitive landscape, it is found that SQM, FMC Corporation, Orocobre Limited, Lithium Americas Corp. and Neometals Ltd. are some of the key players operative in the market. 

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The report by IMARC Group has examined the global lithium compound market on the basis of:

Type:

• Lithium Carbonate
• Lithium Hydroxide
• Lithium Concentrate
• Lithium Metal
• Lithium Chloride
• Butyllithium
• Other Lithium Compound

End-use:

• Batteries
• Glass and Glass Ceramics
• Automotive Parts
• Greases
• Metallurgy
• Polymer
• Air Treatment
• Others

Region:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Key Players:

• SQM
• FMC Corporation
• Orocobre Limited
• Lithium Americas Corp.
• Neometals Ltd.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Naphtha Market - Industry Analysis, Share, Price Trends, Outlook and Forecast 2017-2022

The global naphtha market has been witnessing a significant growth over the past few years. This can be attributed to the rising demand for naphtha based petrochemicals in developing countries coupled with surging gasoline consumption across the globe.

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The latest report by IMARC Group, titled “Naphtha Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global naphtha market reached a value of more than US$ 144 Billion in 2016. Naphtha is a colourless or pale-yellow hydrocarbon mixture with an acrid odour. It is a highly volatile and flammable liquid which exhibits superior heat resistant properties. Naphtha is produced by the distillation of organic substances, and is known by different names, such as petroleum naphtha, coal-tar naphtha, or wood naphtha, depending on the source. It is mainly used as a solvent, paint thinner, and feedstock in the petrochemical and plastic industries. Moreover, it helps in the refinement and distillation of crude oil into more efficient products, as well as forms a major component of several types of gasoline.

Highlights of the global naphtha market:

• Rising demand for gasoline is the major driving force for the market growth.
• Based on application, petrochemical feedstock holds for the majority of the total market.
• Asia Pacific represent the leading market, accounting for the largest share globally.

The increase in the demand for gasoline is the key driver of the naphtha market as olefin rich naphtha is used for blending gasoline-grade fuel worldwide. Additionally, the usage of plastic in the construction and automotive sectors is growing on account of its lightweight, durability and longer life. This has created a huge demand for petrochemicals, especially ethylene and propylene, thereby boosting the naphtha market growth. Another important driver steering the demand for naphtha is its growing consumption as a feedstock in petrochemical industry. Moreover, the adoption of advanced technologies and the numerous applications of naphtha in hydrocarbon cracking, organic chemistry, laundry soaps, cleaning fluids, etc. are some of the other factors facilitating the global naphtha market. According to the report, the market is further expected to reach a value of US$ 176 Billion, exhibiting a CAGR of more than 3% during 2017-2022.

On the basis of application, the market is segmented into petrochemical feedstock and gasoline blending. Among these, petrochemical feedstock currently dominates the market, holding the majority of the total share. Region-wise, Asia Pacific represents the largest market globally. It is followed by Europe and North America. Other regions include Latin America, and Middle East and Africa. On evaluating the competitive landscape of the global naphtha market, it is found that the major players are BP P.L.C, Chevron Corporation, Mitsubishi Chemical, Reliance Industries Limited and Indian Oil Corporation.

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The report by IMARC Group has examined the global naphtha market on the basis of:

Application:

• Petrochemical Feedstock
• Gasoline Blending
• Others

Region:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Key Players:

• BP P.L.C
• Chevron Corporation
• Mitsubishi Chemical
• Mitsubishi Chemical

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Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Bioadhesive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Silicones Market 2017: Region Wise Analysis of Top Players in Market By Types and Application

The global silicones market has been witnessing a positive growth. A significant shift in the preferences of consumers towards the use of eco-friendly products represents the major factor bolstering the growth.

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The latest report by IMARC Group, titled “Silicones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2020”, finds that the global silicones market reached a volume of 2.2 Million Tons in 2016. Silicones belong to a modern class of synthetic materials which are made by reacting silicon with methyl chloride and a further reaction with water. Silicones are odour-less and come in different forms such as elastomers, fluids, resins and gels. Some of their characteristics include stability, durability, low thermal conductivity, stain-resistance, high strength, heat resistance, and low toxicity and chemical reactivity.

Highlights of the global silicones market:

• A surge in the infrastructural activities, particularly in developing regions, acts as a primary growth inducing driver.
• Industrial processes represent the largest application sector for silicones.
• Asia-Pacific exhibits a clear dominance in the market accounting for the majority of the share.

Over the past few years, there has been a shift in the preferences of consumers towards the use of environment-friendly products which save energy and generate fewer greenhouse gas emissions. This has highly contributed to the growth of the global silicones market. Another major factor which is strengthening the global demand for silicones is strong growth in the construction industry due to a surge in the infrastructural activities, particularly in developing countries. Additionally, the ability of silicones to withstand stress and extreme temperatures has augmented its demand across various end-use industries. However, rising prices of raw materials acts as a hindrance for the growth of the market. Further, the global silicones market is expected to reach a volume of around 3 Million Tons, exhibiting a CAGR of nearly 5% during 2017-2020.

On the basis of type, elastomers currently exhibit a clear dominance in the market followed by fluids, gels and resins. Based on application, industrial processes represent the most common application of silicones. They are followed by construction, home & personal care, transportation and energy. Region-wise, Asia-Pacific currently accounts for the majority of the total global share on account of various untapped opportunities in the region. Other major markets include Europe, North America, Latin America and Middle East. The competitive landscape of the market has also been analysed with some of the key players operating in the market being DOW, WACKER, ShinEtsu, Momentive and Elkem.

Read full report with TOC: https://www.imarcgroup.com/silicones-market

The report by IMARC Group has examined the global silicones market on the basis of:

Type:

• Elastomers
• Fluids
• Gels
• Resins

Application:

• Industrial Processes
• Construction
• Home & Personal Care
• Transportation
• Energy

Region:

• Asia-Pacific
• Europe
• North America
• Latin America
• Middle East

Key Players:

• DOW
• WACKER
• ShinEtsu
• Momentive
• Elkem

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