Spain Silicone Market Size & Outlook, 2022-2030
Related Markets
Spain silicone market highlights
- The Spain silicone market generated a revenue of USD 251.1 millions in 2022 and is expected to reach USD 386.0 millions by 2030.
- The Spain market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, elastomers was the largest revenue generating product in 2022.
- Gels is the most lucrative product segment registering the fastest growth during the forecast period.
Silicone market data book summary
| Market revenue in 2022 | USD 251.1 millions |
| Market revenue in 2030 | USD 386.0 millions |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Elastomers |
| Fastest growing segment | Gels |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Fluids, Gels, Resins, Elastomers |
| Key market players worldwide | Shin-Etsu Chemical Co Ltd, Wacker Chemie AG, Illinois Tool Works Inc, Evonik Industries AG, CK Hutchison Holdings Ltd, Kemira Oyj, Dow Inc, Elkem ASA Ordinary Shares |
Other key industry trends
- In terms of revenue, Spain accounted for 1.3% of the global silicone market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany silicone market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 864.1 millions 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 Market Scope
Silicone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CK Hutchison Holdings Ltd | View profile | 300000 | 2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, Hong Kong | https://www.ckh.com.hk |
| Kemira Oyj | View profile | 4690 | Energiakatu 4, P.O. Box 330, Helsinki, Finland, FI-00180 | https://www.kemira.com |
| Elkem ASA Ordinary Shares | View profile | 7436 | Drammensveien 169, Oslo, Norway, 0277 | https://www.elkem.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Illinois Tool Works Inc | View profile | 45000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | https://www.itw.com |
| Wacker Chemie AG | View profile | 16378 | Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 | https://www.wacker.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
Spain silicone 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 market will help companies and investors design strategic landscapes.
Elastomers was the largest segment with a revenue share of 42.45% in 2022. Horizon Databook has segmented the Spain silicone market based on fluids, gels, resins, elastomers covering the revenue growth of each sub-segment from 2019 to 2030.
The Spain silicone market is expected to witness significant growth over the forecast period owing to the expanding energy, transportation, and construction end-use segments. Several government initiatives and policies to reduce the dependency on fossil fuels and to meet the rising power demand using renewable energy sources are expected to act as significant growth contributors for silicone market.
As silicone is increasingly being used in several applications such as solar as well as wind energy generation, over the forecast period. Moreover, the expanding automotive industry, especially electric vehicle segment, is further anticipated to offer lucrative growth opportunities for silicone market in the coming years.
Reasons to subscribe to Spain silicone 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 Spain silicone market databook
-
Our clientele includes a mix of silicone 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 Spain silicone market , including forecasts for subscribers. This country databook contains high-level insights into Spain silicone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain silicone market size, by product, 2019-2030 (US$Ms)
Spain Silicone Market Outlook Share, 2022 & 2030 (US$Ms)
Related 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
