Silicone elastomers are essentially silicone polymers that may contain fillers that improve properties. Due to its properties such as UV radiation, heat stable, flexible at low temperatures, high dielectric strength and good mechanical properties there is huge demand from end users such as construction, automotive, medical, electronics, the consumption is increasing.
Silicone elastomers are wealthy in purity compared to other elastomers so these are suitable for using in food and medical industries.
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The Silicone Elastomers Market is estimated to grow at during the forecast period of 2015-2020.
Market Driving Factors:
The top most contributing driving factors of the Silicone Elastomers Market, as surveyed by IndustryARC’s research analysts are:
• The growth of the electricals & electronics and healthcare segments is also driving the growth for this market.
• Huge demand from end users such as construction, automotive, medical, electronics, the consumption is increasing.
Geographical Study of the Market:
Due to increasing environmental regulations and law enforcements, North America, Europe and APAC are showing high growth rates in the Silicone Elastomers Market. The top contributing countries of this market are noted to be Asia-pacific (China), the U.K., Brazil and few more. (Report contains the detailed list of the same).
The Silicone Elastomers Market is broadly segmented into 3 types based on the later given factors below. The broad segmentation is further led to a narrower stream of divisions made by experts of IndustryARC and mentioned in this research report.
1. By Type: High Consistency Rubber, Fluorosilicone Rubber, Liquid Silicone Rubber, Room Temperature Vulcanize and Others.
2. By End User: Construction, Automotive, Electronics, Medical...