DUBLIN–(BUSINESS WIRE)–The “Silicone Elastomers – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Silicone Elastomers Market to Reach $14.1 Billion by 2030

The global market for Silicone Elastomers estimated at US$7.8 Billion in the year 2022, is projected to reach a revised size of US$14.1 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030. Liquid Silicone Rubber (LSR), one of the segments analyzed in the report, is projected to record a 8.7% CAGR and reach US$5.7 Billion by the end of the analysis period. Growth in the High-Temperature Vulcanized (htv) segment is estimated at 7.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 9.1% CAGR

The Silicone Elastomers market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2030.

Key Attributes:

Report Attribute Details
No. of Pages 442
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $7.8 Billion
Forecasted Market Value (USD) by 2030 $14.1 Billion
Compound Annual Growth Rate 7.7%
Regions Covered Global


  • Pandemic Hinders Silicone Market Growth: Vendors See New Growth Opportunities Emerging
  • Competitive Scenario
  • Players Bet on Organic & Inorganic Strategies to Cement Position in Silicone Elastomers Market
  • Select Innovations & Advancements
  • Competitive Market Presence – Strong/Active/Niche/Trivial for 64 Players Worldwide in 2023 (E)
  • Global Market Prospects & Outlook
  • Stringent Regulatory and Clinical Policies Pose the Risk of Restricting Market Growth
  • Analysis by Type
  • Analysis by End-Use
  • Regional Analysis
  • An Insight into Silicone Elastomers
  • Silicone Rubber: An Elastomer of Choice for Myriad Applications
  • Silicone: A Complimentary Review
  • Properties of Silicone
  • Key Silicone Features & Main Applications
  • Recent Market Activity
  • Select Global Brands


  • Technological Advances Expanding Usage of Silicone Elastomers Across Industries
  • Silicone Elastomers Display Amazing Radiance for Fluorescence Applications
  • Promising Synthesis Approach for Fluorescent Silicone Elastomers
  • UV-Curable Silicone Extrusion: Future Prospects
  • Nanotechnology Integration Enabling Businesses in Addressing Evolving Industry Requirements
  • Additive Manufacturing Aiding in Expanding Silicone Elastomer Applications
  • Smart Manufacturing and Industry 4.0 Transforming Production Landscape
  • A Recovering Construction Industry Bodes Well for the Silicone Elastomers Market
  • Silicone Elastomers Market Moves Forward with Expansion of Construction Sector
  • Construction Industry Dynamics Shape Demand Trends in Silicone Elastomers Market
  • Encouraging Outlook for Automobile Production Despite Disruptions, Bodes Well for the Growth of Automotive Grade Silicone Elastomers
  • Rubber, the Unsung Hero of Automotive Innovation
  • Silicone Rubber for the Automotive Industry Rises in Prominence
  • Stricter Emission & Safety Regulations and Standards Shift Focus Onto Silicone Elastomer Components
  • Growing EV Adoption & Production to Benefit the Popularity of Silicone Elastomer Components in EVs
  • Silicone Elastomers Gaining Popularity in Several Electric Vehicle Applications
  • How Silicone Elastomers are Assisting Sprint to New Era of E-Mobility?
  • Silicone Elastomer Technology for E-Mobility
  • 3D Printing of Rubber Parts Rises in Prominence
  • Self-Healing Elastomers: Adding Momentum to Sustainable Rubber Trend
  • Increasing White Goods and Electronic Components Manufacture Spurs Demand in the Electronics Sector
  • Consumer Goods Industry Drives Demand for Silicone
  • Silicone Elastomers Market in Healthy Shape with Government Spending in Medical & Healthcare Sector
  • Consistent Rise in Healthcare Spending Worldwide to Drive Market Opportunities
  • Silicone as Drug-Eluting Matrix-Pros and Cons
  • Rising Demand for Antimicrobial Silicone Elastomers to Drive Market Growth
  • Repercussions of Government Regulations for Silicone Elastomers Market


  • China National BlueStar (Group) Co., Ltd.
  • KCC Corporation
  • Mesgo S.p.A.
  • Momentive Performance Materials, Inc.
  • Reiss Manufacturing Inc.
  • Shin-Etsu Chemical Co., Ltd.
  • Specialty Silicone Products, Inc.
  • Wacker Chemie AG

For more information about this report visit https://www.researchandmarkets.com/r/acg28m

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