Italy Silicone Elastomer Market Size & Outlook, 2022-2030
Italy silicone elastomer market, 2019-2030 (US$M)
Related Markets
Italy silicone elastomer market highlights
- The Italy silicone elastomer market generated a revenue of USD 159.8 million in 2022 and is expected to reach USD 301.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, lsr was the largest revenue generating product in 2022.
- RTV is the most lucrative product segment registering the fastest growth during the forecast period.
Silicone elastomer market data book summary
| Market revenue in 2022 | USD 159.8 million |
| Market revenue in 2030 | USD 301.2 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Lsr |
| Fastest growing segment | RTV |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HTV, RTV, LSR |
| Key market players worldwide | China National Bluestar Group, Dow Inc, MicroAlgo Inc, Momentive, Shin-Etsu Chemical Co Ltd, Wacker Chemie AG |
Other key industry trends
- In terms of revenue, Italy accounted for 2.8% of the global silicone elastomer market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany silicone elastomer market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,101.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Silicone Elastomer Market Scope
Silicone Elastomer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 57.32% in 2022. Horizon Databook has segmented the Italy silicone elastomer market based on htv, rtv, lsr covering the revenue growth of each sub-segment from 2019 to 2030.
According to the International Trade Administration, Italy is the second-largest manufacturer in Europe. It is a leading producer of machine tools, automobiles, food products, and pharmaceuticals in the region.
Despite the pandemic impacting the economy, industrial production and export data of Italy showed clear signs of recovery from the impact of the pandemic in the first quarter of 2021 with increased imports and exports.
Since hoses and rubber-molded goods such as seals and O-rings are commonly used in the manufacturing sector for various applications, growth of the manufacturing sector is expected to drive the demand for hoses and rubber-molded goods. This is expected to positively impact the growth of the silicone elastomers market in Italy from 2022 to 2030.
Reasons to subscribe to Italy silicone elastomer market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Italy silicone elastomer market databook
-
Our clientele includes a mix of silicone elastomer market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy silicone elastomer market , including forecasts for subscribers. This country databook contains high-level insights into Italy silicone elastomer market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy silicone elastomer market size, by product, 2019-2030 (US$M)
Italy Silicone Elastomer Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
