Asia Pacific Silicon Elastomer Market, By Product Type (Liquid Silicone Rubber, High Temperature Vulcanized and Room Temperature Vulcanized), By Application, By Country - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Asia Pacific Silicon Elastomer Market size was valued at USD 3,234.56 Million in 2023, expanding at a CAGR of 6.5% from 2024 to 2032.
Silicone elastomers are synthetic rubber-like materials derived from silicone polymers, renowned for their exceptional elasticity, durability, and heat resistance. These properties make them highly versatile and widely used across various industries, including automotive, electronics, healthcare, and construction. Silicone elastomers are particularly valued for their superior thermal stability across a broad temperature range, making them ideal for applications that require resistance to extreme heat or cold. Additionally, they offer excellent electrical insulation, biocompatibility, and resistance to weathering, UV radiation, and chemicals, making them indispensable in products such as seals, gaskets, O-rings, medical devices, adhesives, and encapsulants, where flexibility, reliability, and longevity are essential.
Asia Pacific Silicone Elastomer Market Dynamics
Increasing Utilization Across Various Industries to Drive Market Demand
The outstanding properties of silicone elastomers, combined with their growing use in the medical industry and increasing demand from the electrical and electronics sectors, highlight their dominance in the elastomers industry. Silicone elastomers offer superior performance compared to other elastomers, meeting the stringent requirements of various end-use industries. These properties include extended lifespan, efficient performance across a wide temperature range, low toxicity, low flammability, low smoke density, chemical inertness, resistance to oils and fuels, and high productivity.
In the medical and healthcare sectors, silicone elastomers are extensively used due to their inertness, high permeability, ease of processing, and low toxicity. These materials are crucial in applications ranging from medical equipment to drug delivery systems. Similarly, in the electrical and electronics industry, silicone elastomers are vital for applications such as electrical insulation, potting, cables, automotive electronics, and telecommunications. Their heat resistance, nonreactivity, flame resistance, durability, and stress-relieving properties make them ideal for these purposes.
As new applications emerge and industry demands evolve, silicone elastomers continue to lead innovation and address diverse market needs, ensuring their ongoing prominence in various sectors.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC SILICON ELASTOMER MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
STOCKWELL ELASTOMERICS, INC.
The Dow Chemical Company
HEXPOL AB (MESGO S.p.A.)
Intek Adhesives Limited
Reiss Manufacturing, Inc. (Reiss Corporation)
Shin-Etsu Chemical Co., Ltd.
Specialty Silicone Products, Inc.(HEICO Corporation)
Wacker Chemie AG
Others
ASIA PACIFIC SILICON ELASTOMER MARKET, BY PRODUCT TYPE - MARKET ANALYSIS, 2019 - 2032
Liquid Silicone Rubber
High Temperature Vulcanized
Room Temperature Vulcanized
ASIA PACIFIC SILICON ELASTOMER MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Construction
Automotive
Apparel
Home Repair & Hardware
Healthcare
Medical Devices
Electronics
Others
ASIA PACIFIC SILICON ELASTOMER MARKET, BY COUNTRY- MARKET ANALYSIS, 2019 - 2032
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
TABLE OF CONTENT
1. Asia Pacific Silicon Elastomer Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Asia Pacific Silicon Elastomer Market Snippet by Product Type
2.1.2. Asia Pacific Silicon Elastomer Market Snippet by Application
2.1.3. Asia Pacific Silicon Elastomer Market Snippet by Country
2.2. Competitive Insights
3. Asia Pacific Silicon Elastomer Key Market Trends
3.1. Asia Pacific Silicon Elastomer Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Asia Pacific Silicon Elastomer Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Asia Pacific Silicon Elastomer Market Opportunities
3.4. Asia Pacific Silicon Elastomer Market Future Trends
4. Asia Pacific Silicon Elastomer Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Asia Pacific Silicon Elastomer Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Asia Pacific Silicon Elastomer Market Landscape
6.1. Asia Pacific Silicon Elastomer Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Asia Pacific Silicon Elastomer Market – By Product Type
7.1. Overview
7.1.1. Segment Share Analysis, By Product Type, 2023 & 2032 (%)
7.1.2. Liquid Silicone Rubber
7.1.3. High Temperature Vulcanized
7.1.4. Room Temperature Vulcanized.
8. Asia Pacific Silicon Elastomer Market – By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
8.1.2. Construction
8.1.3. Automotive
8.1.4. Apparel
8.1.5. Home Repair & Hardware
8.1.6. Healthcare
8.1.7. Medical Devices
8.1.8. Electronics
8.1.9. Others
9. Asia Pacific Silicon Elastomer Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
9.2. Asia Pacific (APAC)
9.2.1. Overview
9.2.2. Asia Pacific Silicon Elastomer Key Manufacturers in Asia Pacific
9.2.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.2.4. Asia Pacific Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.5. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.6. India
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.6.3. India Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.6.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.7. China
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.7.3. China Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.7.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.8. Japan
9.2.8.1. Overview
9.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.8.3. Japan Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.8.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.9. South Korea
9.2.9.1. Overview
9.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.9.3. South Korea Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.9.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.10. Australia
9.2.10.1. Overview
9.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.10.3. Australia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.10.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.11. Thailand
9.2.11.1. Overview
9.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.11.3. Thailand Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.11.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.12. Indonesia
9.2.12.1. Overview
9.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.12.3. Indonesia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.12.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.13. Philippines
9.2.13.1. Overview
9.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.13.3. Philippines Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.13.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
9.2.14. Rest of APAC
9.2.14.1. Overview
9.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.14.3. Rest of APAC Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
9.2.14.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10. Key Vendor Analysis- Asia Pacific Silicon Elastomer Industry
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
10.2.2. Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
10.2.3. STOCKWELL ELASTOMERICS, INC.
10.2.4. The Dow Chemical Company
10.2.5. HEXPOL AB (MESGO S.p.A.)
10.2.6. Intek Adhesives Limited
10.2.7. Reiss Manufacturing, Inc. (Reiss Corporation)
10.2.8. Shin-Etsu Chemical Co., Ltd.
10.2.9. Specialty Silicone Products, Inc.(HEICO Corporation)
10.2.10. Wacker Chemie AG
10.2.11. Others
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
