Global Silicone Rubber Market 2024-2030

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    SILICONE RUBBER MARKET

     

    INTRODUCTION

    Silicone rubber is an elastomer that resembles rubber and is made of silicon, a silicon-containing polymer that also contains carbon, hydrogen, and oxygen.

     

    There are several formulas of silicone rubbers, and they are widely employed in industry. One- or two-part polymers, silicone rubbers may add fillers to enhance characteristics or lower cost. From 55 to 300 °C, silicone rubber is typically non-reactive, stable, and resistant to harsh environments without losing its useful qualities.

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    Silicone rubber is used in many different products because of these qualities as well as how simple it is to manufacture and shape.

     

    Some examples include voltage line insulators, automotive applications, baking, cooking, and food storage items, clothing such as undergarments, sportswear, and footwear, electronics, medical devices, and implants, as well as home repair. 

     

    SILICONE RUBBER MARKET SIZE AND FORECAST

     

    The Global Silicone rubber market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    NEW PRODUCT LAUNCH

    For today’s demanding markets, BLUESIL Heat Cure Rubber, also known as High Consistency Rubber, offers exceptional properties: From -50° to 200°C, there is a wide range of heat stability. stable characteristics at high voltage, low and high temperatures (-50°C to 300°C).

     

    In general, silicone rubbers outperform organic rubbers in those areas. due to the inorganic Si-O-Si chain’s innocence.  Chemical inertness, photo-oxidative stability, and the absence of uncured reactive groups. 

     

    When employ the correct halogen-free additives or reinforcing fillers, we can get very strong flame retardancy or even fire resistance; however, when silicone is burned, ceramification takes place. 

     

    For adaptive driving beam (ADB) light guides in automobiles, Dow has introduced a new mouldable silicone material. A specialised liquid silicone rubber (LSR) with very little mould fouling for quick cycle times and high-quality optics is Silastic MS-5002.

     

    The substance was created especially for creating injection-molded components with less complex geometries that demand high output. Additionally, it has a large processing window, excellent transparency, and is non-yellowing to maximise LED light output.

     

    Momentive Performance Materials Inc. will introduce the Silopren LSR 27×9 liquid silicone rubber family. With fewer assembly stages, this novel self-bonding material can meet the rising demand for hard-soft designs. Additionally, it permits the bonding of silicone and thermoplastics and satisfies a number of intricate design criteria.

     

    MARKET DYNAMICS

    In response to rising demand, Wacker Chemie AG has launched a number of investment initiatives meant to increase its silicone rubber production capacity globally. By the end of the year, Wacker anticipates having finished “multiple extensions” at its Burghausen, Germany, manufacturing facility, adding new LSR capacity.

     

    At the group’s US production facility in Adrian, Michigan, more capacity will be constructed in order to better serve the regional North and Central American markets. 

     

    The Munich-based company also intends to “substantially expand capacity” for HCR grades, beginning with its brand-new manufacturing facility in Panagarh, India. The company’s locations in Tsukuba, Japan, and Pilzen, the Czech Republic, will both have additional HCR capacities available. 

     

    RECENT PARTNERSHIP

     

    Human Horizons and Dow will collaborate on a world-first mobility and transportation use of silicone leather in HiPhi X. Human Horizons, the world’s leading innovative mobility and intelligent technology firm, has presented their latest discovery in collaboration with internationally recognised materials science company Dow Inc. to be utilized in the world’s first evolvable super SUV, HiPhi X.

     

    Through the collaboration of the two firms, a new silicone leather for the demanding automotive interior environment has been developed and will be used to upholster the seats on the HiPhi X, offering customers a more comfortable and environmentally responsible experience.

     

    Dow, a global pioneer in silicone leather technology, discovered that the unique molecular structure of silicone fulfills the customer demands for leather in terms of softness, moisture permeability, stability, and environmental friendliness following years of exploration and study.

     

    Dow has decided to produce a breakthrough new synthetic leather product using a unique liquid silicone rubber technology based on a deep understanding of silicone technology and extensive research into the leather business.

     

    Dow uses innovative liquid silicone rubber technology to give stain resistance, gentle touch feeling, and strong weatherability. The safer materials utilized, which have no odor and low volatile organic compounds (VOC), will protect consumers’ health and contribute to sustainability.

     

    This breakthrough silicone leather product can be used in industries with more rigorous material requirements, such as automotive, yachts, aviation, medical science, décor, and children’s rooms.

     

    They recognise that electrification alone is insufficient; sustainability is at the heart of their business and drives their strategy. Their mission is to rethink sustainability and use technology-driven and cruelty-free materials in order to develop better automobiles that can serve clients holistically.

     

    Future success is dependent on a commitment to the preservation of the environment, its users, and its communities. The cooperation with Dow is founded on the principle of innovation, and as a result, they will continue to engage on important, technologically advanced advances in order to refine a new, sustainable luxury.

     

    Human Horizons collaborated with Dow on this cross-value-chain collaboration strategy. Prior to the new silicone leather, the two firms collaborated on the introduction of 12 previous items, six of which were used in the HiPhi X.

     

    Other developments include all-new BETAFOAM Acoustic Foams for the vehicle interior to provide excellent Noise, Vibrations, and Harshness (NVH) in the cabin, and TC thermal-conductive interface material, which is a game-changing solution for battery pack safety, longevity, and sustainability.

     

    SILICONE RUBBER MARKET COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Silicone Rubbers are manufactured per annum in Europe ? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Silicone Rubber and key vendor selection criteria
    3. Where isSilicone Rubber manufactured? What is the average margin per unit?
    4. Market share of Silicone Rubber manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Silicone Rubber in-house
    6. key predictions for next 5 years in Cement  
    7. Average B-2-Bl Silicone Rubber  price in all segments
    8. Latest trends in Silicone Rubber,by every market segment
    9. The market size (both volume and value) of the Cement market in 2024-2030 and every year in between?
    10. Production Silicone Rubber,by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use,2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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