Global Silicone Elastomer Market Size & Outlook, 2022-2030
Global silicone elastomer market, 2019-2030 (US$M)
Related Markets
Global silicone elastomer market highlights
- The global silicone elastomer market generated a revenue of USD 5,697.9 million in 2022 and is expected to reach USD 11,157.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.8% by 2030.
- In terms of segment, lsr accounted for a revenue of USD 3,488.5 million in 2022.
- RTV is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 5,697.9 million |
| Market revenue in 2030 | USD 11,157.3 million |
| Growth rate | 8.8% (CAGR from 2022 to 2030) |
| Largest segment | Lsr |
| Fastest growing segment | RTV |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HTV, RTV, LSR |
Other key industry trends
- In terms of revenue, the North America accounted for 15.9% of the global silicone elastomer market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 379.4 million by 2030.
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Silicone Elastomer Market Scope
Silicone Elastomer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global silicone elastomer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicone elastomer market will help companies and investors design strategic landscapes.
Lsr was the largest segment with a revenue share of 61.22% in 2022. Horizon Databook has segmented the Global silicone elastomer market based on htv, rtv, lsr covering the revenue growth of each sub-segment from 2019 to 2030.
- Global Silicone Elastomer Product Outlook (Revenue, USD Million, 2019-2030)
- HTV
- RTV
- LSR
- Global Silicone Elastomer Application Outlook (Revenue, USD Million, 2019-2030)
- Electrical & Electronics
- Automotive & Transportation
- Industrial Machinery
- Consumer Goods
- Construction
- Others
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Target buyers of Global silicone elastomer market databook
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Our clientele includes a mix of silicone elastomer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global silicone elastomer market , including forecasts for subscribers. This global databook contains high-level insights into Global silicone elastomer market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global silicone elastomer market size, by regions, 2019-2030 (US$M)
Top 10 countries: Silicone elastomer market size, 2022 (US$M)
Global silicone elastomer market share, by product, 2022 & 2030 (%, US$M)
Silicone elastomer market: Opportunity assessment by country
Global silicone elastomer market, by region, 2022 (US$M)
Related regional statistics
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