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Global Small Satellite Market Size, Development, Growth and Demand Forecast to 2023
Silicone Gel Market
(
Shopping-NewsWire.com
, June 22, 2018 ) GLOBAL
SILICONE GEL MARKET
was valued at USD 1.26 Billion in the year 2017. Global Silicone Gel Market is further estimated to grow at a CAGR of 6.72% from 2018 to reach USD 1.87 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and it is also considered as the fastest growing market in the forecast period. At a country level, developed markets like China holds a notable market share in 2017 and it is also projected to grow at a gradual pace in the coming years.
Shin-Etsu Chemical Co., Ltd. (Japan), Wacker Chemie AG (Germany), Nusil Technology LLC (U.S.), Dow Corning Corporation (U.S.), KCC Corporation (South Korea), Momentive Performance Materials Inc. (U.S.) are some of the key players in the Silicone Gel market with Dow Corning Corporation holding considerable market share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
Get Discount at
https://www.prominentmarketresearch.com/discount-report/34291
Drivers:
Increasing ageing population across the globe
People becoming health conscious
Restraints:
Rising production cost
Opportunities:
Developments in the medical industry pertaining to new product launches
Challenges:
Country/ Region specific government regulations
Segmentation on the basis of final use industry is Medical and Healthcare Industry, Electrical & Electronic Industry, Cosmetics & Personal Care of which the Electrical & Electronic Industry segment is expected to hold the highest market share during the forecast period.
Medical and Healthcare Industry segment for this market is also expected to grow at the highest CAGR of during the year 2018-2023.
Key Benefits for Stakeholders
Silicone Gel Manufacturers & Distributors
Raw Material Suppliers
FDA and other Regulatory Bodies
End use industries
Request for Sample Report at
https://www.prominentmarketresearch.com/sample-report/34291
By Final Use Industry
Medical and Healthcare Industry
Electrical & Electronic Industry
Cosmetics & Personal Care
Others
By Region
North America
Europe
Asia-Pacific
ROW
Key Market Players
Shin-Etsu Chemical Co., Ltd.
Wacker Chemie AG
Nusil Technology LLC
Dow Corning Corporation
KCC Corporation
Momentive Performance Materials Inc.
ACC Silicones Ltd.
North Cost Medical Inc.
Flexsteel Pipeline Technologies Inc.
Siltech Corporation
Purchase Report Now at
https://www.prominentmarketresearch.com/checkout/34291
About Prominent Market Research:
At Prominent Market Research, we are committed to provide the best possible service and recommendations to all our customers. You will be able to speak to seasoned analyst who will understand your research needs accurately. We make it our business to look after yours, with an efficient and friendly team always available to help you.
Prominent Market Research
Robin
+1-815-957-4373
sales@prominentmarketresearch.com
Source:
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