DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ss56mm/global_speciality) has announced the addition of the "Global Speciality Silicones Market - Segmented by Product Type, Application, and Geography - Trends and Forecasts (2015 to 2020)" report to their offering.
Products made from Specialty Silicones are gaining an indefinite momentum in the industry. Although the industry is very mature, the industry is still capable of coming up with innovative products with the export market growing. Most of the established companies are focusing on expanding production capacities and serving more clients and industries.
The silicone elastomers market alone is forecasted to reach nearly $11 million by 2019 signifying a CAGR of over 8.3% between 2014 and 2019. They are used in dental, medical implants, aerospace and automotive applications. According to our survey, the fastest growing region is the Asia-Pacific with enormous opportunities and potential.
The Asia-Pacific region is expected to become the largest market for the specialty silicones market.
The most important driving force of this market is the growing demand for its application base. To meet the requirement most factories have expansion plans. Another very important factor is research and development. The excellent manipulative properties of specialty silicones makes it affordable to come up with new products and specialized applications.
The increasing manufacturing costs of specialty silicones is a deterrent for end-user industries. Stringent regulatory issues with respect to usage of silicones in beauty and personal care products and more are discussed in this section.
Key Topics Covered:
2. Specialty Silicone Market
3. Market Dynamics
4. Market Analysis
5. Regional Market Analysis (Market size, growth and forecast)
6. Competitive Landscape
7. Company Profiles
- DOW Corning Corporation.
- KCC Corporation
- Mesgo S.P.A.
- Momentive Performance Materials Inc.
- Reiss Manufacturing Inc.
- Shin-Etsu Chemical Co., Ltd.
- Specialty Silicone Products Inc.
- Wacker Chemie AG
- Zhejiang Xinan Chemical Industrial Group Co., Ltd.
- SiVance, LLC
- Milliken & Company
- K. K. CHEMPRO INDIA PVT. LTD
- Evonik Industries
- AB Specialty Silicones
- Elkay Chemicals Pvt. Ltd.
- Supreme Silicones
- QSI Quantam silicones
- Modern Silicone
For more information visit http://www.researchandmarkets.com/research/ss56mm/global_speciality