세계의 실리콘 엘라스토머 시장 규모, 점유율 및 동향 분석 보고서 - 제품 유형별, 최종 용도별, 지역별 전망 및 예측(2024-2031년)

The Global Silicone Elastomer Market size is expected to reach $11.2 billion by 2031, rising at a market growth of 6.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 8,139.50 hundred tonnes experiencing a growth of 22.3% (2020-2023).

The growing healthcare sector worldwide presents a significant opportunity for the expansion of this elastomer usage across various medical applications. These elastomers offer unique properties that meet the stringent requirements of the healthcare industry. Consequently, the healthcare segment would acquire nearly, 13% of the total market share by 2030. Also, the Russian healthcare industry would consume 54.56 hundred tonnes of this Elastomer by 2031. These elastomers are extensively used in various medical devices and equipment across multiple healthcare specialties. Surgical implants, such as silicone breast implants and soft tissue fillers, leverage the biocompatibility and durability of these elastomers to achieve desirable aesthetic and functional outcomes.

Silicone elastomers exhibit exceptional temperature resistance, allowing them to withstand high and low temperatures without losing their mechanical properties or performance characteristics. In addition, as consumer preferences evolve, driven by lifestyle changes, health consciousness, and sustainability concerns, the demand for these elastomers in the consumer goods and appliances industry is expected to increase. Hence, these factors will boost the demand for these elastomers in the coming years. Additionally, these elastomers resist environmental elements, including sunlight, precipitation, wind, and temperature variations. This weather resistance ensures that silicone-based sealants, adhesives, and coatings maintain integrity and performance over extended periods, even in harsh outdoor conditions. In addition, these elastomers offer exceptional UV resistance, allowing them to withstand prolonged exposure to ultraviolet (UV) radiation without degradation or discoloration. Thus, owing to these factors, the market will witness enhanced growth in the upcoming years.

However, unlike other elastomers, such as natural or synthetic rubber, these elastomers necessitate specialized equipment and expertise throughout manufacturing. In addition, the complexity of these elastomer manufacturing translates into higher initial investment costs for producers, encompassing a spectrum of expenses that can strain financial resources. Hence, these factors will lead to reduced demand for these elastomers in the coming years.

By Product Type Analysis

Based on product type, the market is segmented into high temperature vulcanized, liquid silicone rubber, and room temperature vulcanized. In 2023, the high temperature vulcanized segment garnered a 30% revenue share in the market. In terms of volume, the high temperature vulcanized segment registered 2,785.28 hundred tonnes in 2023. High-temperature vulcanized elastomers are engineered to withstand elevated temperatures without sacrificing their mechanical properties or integrity. With a continuous operating temperature resistance of -50°C to over 300°C, these elastomers are ideally suited for automotive engine seals, gaskets, and insulation components frequently exposed to high temperatures.

By End-Use Analysis

On the basis of end-use, the market is divided into automotive, healthcare, electronics, apparel, medical devices, home repair & hardware, construction, and others. The automotive segment recorded a 20% revenue share in the market in 2023. In terms of volume, the automotive segment registered a volume of 1,513.78 hundred tonnes in 2023. These elastomers are widely used for sealing and gasketing applications in automotive engines, transmissions, and fluid systems. Their excellent sealing properties, including resistance to extreme temperatures, fluids, and environmental factors, make them ideal for critical sealing applications where reliability and durability are paramount.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured 47% revenue share in the market in 2023. The Asia Pacific region has undergone rapid industrialization and urbanization, increasing demand for these elastomers in various industries such as automotive, electronics, construction, healthcare, and consumer goods. The growing manufacturing sector and infrastructure development projects in nations like China and India drive the demand for these elastomers in applications such as seals, gaskets, insulation, and adhesives.

List of Key Companies Profiled

• CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
• Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
• STOCKWELL ELASTOMERICS, INC.
• The Dow Chemical Company
• HEXPOL AB (MESGO S.p.A.)
• Intek Adhesives Limited
• Reiss manufacturing, Inc. (Reiss Corporation)
• Shin-Etsu Chemical Co., Ltd.
• Specialty Silicone Products, Inc.(HEICO Corporation)
• Wacker Chemie AG

Global Silicone Elastomer Market Report Segmentation

By Product Type (Volume, Hundred Tonnes, USD Billion, 2020-31)

• Liquid Silicone Rubber
• High Temperature Vulcanized
• Room Temperature Vulcanized

By End-Use (Volume, Hundred Tonnes, USD Billion, 2020-31)

• Construction
• Automotive
• Apparel
• Home Repair & Hardware
• Healthcare
• Medical Devices
• Electronics
• Others

By Geography (Volume, Hundred Tonnes, USD Billion, 2020-31)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

• 1.1Market Definition
• 1.2Objectives
• 1.3Market Scope
• 1.4Segmentation
  • 1.4.1Global Silicone Elastomer Market, by Product Type
  • 1.4.2Global Silicone Elastomer Market, by End-Use
  • 1.4.3Global Silicone Elastomer Market, by Geography
• 1.5Methodology for the research

Chapter 2.Market at a Glance

• 2.1Key Highlights

Chapter 3.Market Overview

• 3.1Introduction
  • 3.1.1Overview
    • 3.1.1.1Market Composition and Scenario
• 3.2Key Factors Impacting the Market
  • 3.2.1Market Drivers
  • 3.2.2Market Opportunities
  • 3.2.3Market Restraints
  • 3.2.4Market Challenges
• 3.3Porter Five Forces Analysis

Chapter 4.Global Silicone Elastomer Market, by Product Type

• 4.1Global Liquid Silicone Rubber Market, by Region
• 4.2Global High Temperature Vulcanized Market, by Region
• 4.3Global Room Temperature Vulcanized Market, by Region

Chapter 5.Global Silicone Elastomer Market, by End-Use

• 5.1Global Construction Market, by Region
• 5.2Global Automotive Market, by Region
• 5.3Global Apparel Market, by Region
• 5.4Global Home Repair & Hardware Market, by Region
• 5.5Global Healthcare Market, by Region
• 5.6Global Medical Devices Market, by Region
• 5.7Global Electronics Market, by Region
• 5.8Global Others Market, by Region

Chapter 6.Global Silicone Elastomer Market, by Region

• 6.1North America Silicone Elastomer Market
  • 6.1.1North America Silicone Elastomer Market, by Product Type
    • 6.1.1.1North America Liquid Silicone Rubber Market, by Country
    • 6.1.1.2North America High Temperature Vulcanized Market, by Country
    • 6.1.1.3North America Room Temperature Vulcanized Market, by Country
  • 6.1.2North America Silicone Elastomer Market, by End-Use
    • 6.1.2.1North America Construction Market, by Country
    • 6.1.2.2North America Automotive Market, by Country
    • 6.1.2.3North America Apparel Market, by Country
    • 6.1.2.4North America Home Repair & Hardware Market, by Country
    • 6.1.2.5North America Healthcare Market, by Country
    • 6.1.2.6North America Medical Devices Market, by Country
    • 6.1.2.7North America Electronics Market, by Country
    • 6.1.2.8North America Others Market, by Country
  • 6.1.3North America Silicone Elastomer Market, by Country
    • 6.1.3.1US Silicone Elastomer Market
      • 6.1.3.1.1US Silicone Elastomer Market, by Product Type
      • 6.1.3.1.2US Silicone Elastomer Market, by End-Use
    • 6.1.3.2Canada Silicone Elastomer Market
      • 6.1.3.2.1Canada Silicone Elastomer Market, by Product Type
      • 6.1.3.2.2Canada Silicone Elastomer Market, by End-Use
    • 6.1.3.3Mexico Silicone Elastomer Market
      • 6.1.3.3.1Mexico Silicone Elastomer Market, by Product Type
      • 6.1.3.3.2Mexico Silicone Elastomer Market, by End-Use
    • 6.1.3.4Rest of North America Silicone Elastomer Market
      • 6.1.3.4.1Rest of North America Silicone Elastomer Market, by Product Type
      • 6.1.3.4.2Rest of North America Silicone Elastomer Market, by End-Use
• 6.2Europe Silicone Elastomer Market
  • 6.2.1Europe Silicone Elastomer Market, by Product Type
    • 6.2.1.1Europe Liquid Silicone Rubber Market, by Country
    • 6.2.1.2Europe High Temperature Vulcanized Market, by Country
    • 6.2.1.3Europe Room Temperature Vulcanized Market, by Country
  • 6.2.2Europe Silicone Elastomer Market, by End-Use
    • 6.2.2.1Europe Construction Market, by Country
    • 6.2.2.2Europe Automotive Market, by Country
    • 6.2.2.3Europe Apparel Market, by Country
    • 6.2.2.4Europe Home Repair & Hardware Market, by Country
    • 6.2.2.5Europe Healthcare Market, by Country
    • 6.2.2.6Europe Medical Devices Market, by Country
    • 6.2.2.7Europe Electronics Market, by Country
    • 6.2.2.8Europe Others Market, by Country
  • 6.2.3Europe Silicone Elastomer Market, by Country
    • 6.2.3.1Germany Silicone Elastomer Market
      • 6.2.3.1.1Germany Silicone Elastomer Market, by Product Type
      • 6.2.3.1.2Germany Silicone Elastomer Market, by End-Use
    • 6.2.3.2UK Silicone Elastomer Market
      • 6.2.3.2.1UK Silicone Elastomer Market, by Product Type
      • 6.2.3.2.2UK Silicone Elastomer Market, by End-Use
    • 6.2.3.3France Silicone Elastomer Market
      • 6.2.3.3.1France Silicone Elastomer Market, by Product Type
      • 6.2.3.3.2France Silicone Elastomer Market, by End-Use
    • 6.2.3.4Russia Silicone Elastomer Market
      • 6.2.3.4.1Russia Silicone Elastomer Market, by Product Type
      • 6.2.3.4.2Russia Silicone Elastomer Market, by End-Use
    • 6.2.3.5Spain Silicone Elastomer Market
      • 6.2.3.5.1Spain Silicone Elastomer Market, by Product Type
      • 6.2.3.5.2Spain Silicone Elastomer Market, by End-Use
    • 6.2.3.6Italy Silicone Elastomer Market
      • 6.2.3.6.1Italy Silicone Elastomer Market, by Product Type
      • 6.2.3.6.2Italy Silicone Elastomer Market, by End-Use
    • 6.2.3.7Rest of Europe Silicone Elastomer Market
      • 6.2.3.7.1Rest of Europe Silicone Elastomer Market, by Product Type
      • 6.2.3.7.2Rest of Europe Silicone Elastomer Market, by End-Use
• 6.3Asia Pacific Silicone Elastomer Market
  • 6.3.1Asia Pacific Silicone Elastomer Market, by Product Type
    • 6.3.1.1Asia Pacific Liquid Silicone Rubber Market, by Country
    • 6.3.1.2Asia Pacific High Temperature Vulcanized Market, by Country
    • 6.3.1.3Asia Pacific Room Temperature Vulcanized Market, by Country
  • 6.3.2Asia Pacific Silicone Elastomer Market, by End-Use
    • 6.3.2.1Asia Pacific Construction Market, by Country
    • 6.3.2.2Asia Pacific Automotive Market, by Country
    • 6.3.2.3Asia Pacific Apparel Market, by Country
    • 6.3.2.4Asia Pacific Home Repair & Hardware Market, by Country
    • 6.3.2.5Asia Pacific Healthcare Market, by Country
    • 6.3.2.6Asia Pacific Medical Devices Market, by Country
    • 6.3.2.7Asia Pacific Electronics Market, by Country
    • 6.3.2.8Asia Pacific Others Market, by Country
  • 6.3.3Asia Pacific Silicone Elastomer Market, by Country
    • 6.3.3.1China Silicone Elastomer Market
      • 6.3.3.1.1China Silicone Elastomer Market, by Product Type
      • 6.3.3.1.2China Silicone Elastomer Market, by End-Use
    • 6.3.3.2Japan Silicone Elastomer Market
      • 6.3.3.2.1Japan Silicone Elastomer Market, by Product Type
      • 6.3.3.2.2Japan Silicone Elastomer Market, by End-Use
    • 6.3.3.3India Silicone Elastomer Market
      • 6.3.3.3.1India Silicone Elastomer Market, by Product Type
      • 6.3.3.3.2India Silicone Elastomer Market, by End-Use
    • 6.3.3.4South Korea Silicone Elastomer Market
      • 6.3.3.4.1South Korea Silicone Elastomer Market, by Product Type
      • 6.3.3.4.2South Korea Silicone Elastomer Market, by End-Use
    • 6.3.3.5Singapore Silicone Elastomer Market
      • 6.3.3.5.1Singapore Silicone Elastomer Market, by Product Type
      • 6.3.3.5.2Singapore Silicone Elastomer Market, by End-Use
    • 6.3.3.6Malaysia Silicone Elastomer Market
      • 6.3.3.6.1Malaysia Silicone Elastomer Market, by Product Type
      • 6.3.3.6.2Malaysia Silicone Elastomer Market, by End-Use
    • 6.3.3.7Rest of Asia Pacific Silicone Elastomer Market
      • 6.3.3.7.1Rest of Asia Pacific Silicone Elastomer Market, by Product Type
      • 6.3.3.7.2Rest of Asia Pacific Silicone Elastomer Market, by End-Use
• 6.4LAMEA Silicone Elastomer Market
  • 6.4.1LAMEA Silicone Elastomer Market, by Product Type
    • 6.4.1.1LAMEA Liquid Silicone Rubber Market, by Country
    • 6.4.1.2LAMEA High Temperature Vulcanized Market, by Country
    • 6.4.1.3LAMEA Room Temperature Vulcanized Market, by Country
  • 6.4.2LAMEA Silicone Elastomer Market, by End-Use
    • 6.4.2.1LAMEA Construction Market, by Country
    • 6.4.2.2LAMEA Automotive Market, by Country
    • 6.4.2.3LAMEA Apparel Market, by Country
    • 6.4.2.4LAMEA Home Repair & Hardware Market, by Country
    • 6.4.2.5LAMEA Healthcare Market, by Country
    • 6.4.2.6LAMEA Medical Devices Market, by Country
    • 6.4.2.7LAMEA Electronics Market, by Country
    • 6.4.2.8LAMEA Others Market, by Country
  • 6.4.3LAMEA Silicone Elastomer Market, by Country
    • 6.4.3.1Brazil Silicone Elastomer Market
      • 6.4.3.1.1Brazil Silicone Elastomer Market, by Product Type
      • 6.4.3.1.2Brazil Silicone Elastomer Market, by End-Use
    • 6.4.3.2Argentina Silicone Elastomer Market
      • 6.4.3.2.1Argentina Silicone Elastomer Market, by Product Type
      • 6.4.3.2.2Argentina Silicone Elastomer Market, by End-Use
    • 6.4.3.3UAE Silicone Elastomer Market
      • 6.4.3.3.1UAE Silicone Elastomer Market, by Product Type
      • 6.4.3.3.2UAE Silicone Elastomer Market, by End-Use
    • 6.4.3.4Saudi Arabia Silicone Elastomer Market
      • 6.4.3.4.1Saudi Arabia Silicone Elastomer Market, by Product Type
      • 6.4.3.4.2Saudi Arabia Silicone Elastomer Market, by End-Use
    • 6.4.3.5South Africa Silicone Elastomer Market
      • 6.4.3.5.1South Africa Silicone Elastomer Market, by Product Type
      • 6.4.3.5.2South Africa Silicone Elastomer Market, by End-Use
    • 6.4.3.6Nigeria Silicone Elastomer Market
      • 6.4.3.6.1Nigeria Silicone Elastomer Market, by Product Type
      • 6.4.3.6.2Nigeria Silicone Elastomer Market, by End-Use
    • 6.4.3.7Rest of LAMEA Silicone Elastomer Market
      • 6.4.3.7.1Rest of LAMEA Silicone Elastomer Market, by Product Type
      • 6.4.3.7.2Rest of LAMEA Silicone Elastomer Market, by End-Use

Chapter 7.Company Profiles

• 7.1HEXPOL AB (MESGO S.p.A.)
  • 7.1.1Company Overview
  • 7.1.2Financial Analysis
  • 7.1.3Segmental and Regional Analysis
  • 7.1.4Research & Development Expenses
• 7.2Intek Adhesives Limited
  • 7.2.1Company Overview
• 7.3Reiss manufacturing, Inc. (Reiss Corporation)
  • 7.3.1Company Overview
• 7.4Specialty Silicone Products, Inc. (HEICO Corporation)
  • 7.4.1Company Overview
  • 7.4.2Financial Analysis
  • 7.4.3Segmental and Regional Analysis
  • 7.4.4Research & Development Expenses
• 7.5CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
  • 7.5.1Company Overview
  • 7.5.2SWOT Analysis
• 7.6Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
  • 7.6.1Company Overview
  • 7.6.2Financial Analysis
  • 7.6.3Segmental and Regional Analysis
  • 7.6.4Research & Development Expenses
  • 7.6.5Recent strategies and developments:
    • 7.6.5.1Acquisition and Mergers:
  • 7.6.6SWOT Analysis
• 7.7Stockwell Elastomerics, Inc.
  • 7.7.1Company Overview
• 7.8The Dow Chemical Company
  • 7.8.1Company Overview
  • 7.8.2Financial Analysis
  • 7.8.3Segmental and Regional Analysis
  • 7.8.4Research & Development Expenses
  • 7.8.5SWOT Analysis
• 7.9Wacker Chemie AG
  • 7.9.1Company Overview
  • 7.9.2Financial Analysis
  • 7.9.3Segmental and Regional Analysis
  • 7.9.4Research & Development Expenses
  • 7.9.5SWOT Analysis
• 7.10.Shin-Etsu Chemical Co., Ltd.
  • 7.10.1Company Overview
  • 7.10.2Financial Analysis
  • 7.10.3Segmental and Regional Analysis
  • 7.10.4Research & Development Expenses
  • 7.10.5SWOT Analysis

Chapter 8.Winning Imperatives for Silicone Elastomer Market