DALLAS, February 3, 2015 /PRNewswire/ --
ReportsnReports.com adds Global Silicones Market 2015-2019 research report of 87 pages providing analysis of silicones market segments based on product type, application and geography covering APAC, the Americas, Europe, and the MEA.
One major upcoming trend in silicones market is the use of silicones in medical applications. Silicone is used in catheters and tubing, implants, transdermal drug delivery, skin adhesives, and other equipment. Silicones used in making medical products show superior performance properties and are more reliable.
Analysts forecast the Global Silicones market to grow at a CAGR of 7.60% over the period 2014-2019. According to the report, the rapid growth of the end-user markets is one of the factors contributing to the growth of the Global Silicones market. The Construction and Automotive sectors are growing rapidly in emerging economies such as China and India, where silicones are used for various applications such as sealants and adhesives.
The Global Silicones market has been segmented based on the following criteria:
- Product Type (Elastomers, Fluids, Resins, and Others)
- Application (Energy, Electrical and Electronics, Building and Construction, Automotive and Transportation, Pharmaceutical and Healthcare, Chemicals, Aviation and Aerospace, and Others)
- Geography (the APAC, the Americas, Europe, and the MEA)
Silicones are synthetic polymers that exist in various forms such as elastomers, fluids, resins, and gels. They possess the properties of low thermal conductivity, low toxicity, stability, low chemical reactivity, and high strength. Silicones are used in many sectors such as Energy, Electrical and Electronics, Building and Construction, Automotive and Transportation, Pharmaceutical and Healthcare, Chemicals, Aviation and Aerospace, and Others.
The "Global Silicones Market 2015-2019" report recognizes the following companies as the key players in the Global Silicones Market are Bluestar Silicones, Dow Corning Corp., Momentive Specialty Chemicals Inc., Shin-Etsu Chemical Co. Ltd. and Wacker Chemie AG.
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Other Prominent Vendors in the market are 3M, Allergan, Amber Chemical, Ashland, BASF, Bostik, Chase, China National Bluestar, Clariant International, CSL Silicones, Dongyue Group, Emerald Performance Materials, Evonik Industries, Gelest, Handy & Harman, Henkel, Jiangsu Hongda New Material, Kaneka, KCC, Kemira Oyj, Lubrizol, NuSil Technology, Rhodia, Rogers, Saint-Gobain, Silchem Silicone Chemicals, SiVance, Specialty Silicone Products, The Sherwin-Williams, Total, Zhejiang Wynca Chemical and Zhejiang Xinan Chemical Industry Group.
Global Silicones Market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas the APAC region, Europe, and the MEA region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Further, the report states that one of the major challenges confronting the market is an increase in raw material prices. Price volatility of essential raw materials directly impacts the revenues and profits of manufacturers. Price is a major determining factor for many end-users because of their budget constraints.
There is another report on synthetic polymers -"Global Phenolic Resins Market 2015-2019". According to this report technological advancements and the incorporation of nanotechnology into the production of phenolic resins enlarge the scope and areas of application of phenolic resins. This advancement improves the functionality and the performance standards of phenolic resins, making them more efficient and temperature tolerant. This enhances the scope of phenolic resins, making them viable for use in a variety of end-use applications.
Analysts forecast the Global Phenolic Resins market to grow at a CAGR of 5.85 percent over the period 2014-2019. According to the report, the global demand for phenolic resins is expected to rise because of the growing demand from the automotive sector. The steady growth in the Global Automotive market is a major driver for the growing demand. The changing consumer preferences and the growing demand for fuel-efficient, lightweight, and high-performance automobiles are the factors that are fueling the adoption of phenolic resins by the automotive sector.
Order a copy of this report at (Prices start at US $ 2500 for a single user PDF) http://www.reportsnreports.com/purchase.aspx?name=320594.
The report recognizes the following companies as the key players in the Global Phenolic Resins Market: BASF SE, Momentive Specialty Chemicals, SI Group and Sumitomo Bakelite.
Other Prominent Vendors in the market are: Aica Kogyo, Allnex, Changshu South-East Plastic, Chemiplastica, DIC, Dujodwala Paper Chemicals, Dynea AS, ERCROS, Fenolit D.D., Georgia-Pacific, Hitachi Chemical, Jinan Shengquan Group, Kolon Industries, LERG, Mitsui Chemicals, Prefere Resins, Shandong Laiwu Runda New Material and UCP Chemicals.
Further, the report states that one of the major challenges faced by the market is the fluctuation in crude oil prices. Phenolic resin products closely follow the pricing pattern of crude oil, as crude oil is a major component in the making of phenolic resins and the volatility in the pricing of crude oil can hurt the profit margins of the market players.
Key Questions Answered in these Reports:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Browse other reports on Advanced Materials Market at http://www.reportsnreports.com/market-research/advanced-material/ .
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