This report forecasts to 2023 global demand for silicone by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: elastomers, fluids, resins, and gels and other products such as foams and pastes. Reported markets encompass: construction; transportation; electrical equipment; personal care; chemical; and other markets such as electronic products, medical and healthcare, and machinery. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2008, 2013, and 2018.
For the purposes of this report, silicones are defined as polymers of silicon and oxygen. To avoid double counting, silicone demand is determined at the producer level and includes only basic products such as elastomers, fluids, resins, and gels.
Siloxanes used as silicone products themselves (as in personal care product formulations) are also included. Foam control agents used in foam insulation are included in the chemicals – rather than the construction – market.
Excluded are: downstream silicone products such as adhesives, sealants, lubricants, defoamers, and molded rubber goods; siloxanes used as raw materials for silicones, although siloxanes used as silicone products themselves (as in personal care product formulations) are included; silanes, including chlorosilane intermediates and silane coupling agents, which are not defined as silicone polymers; and fluids used as intermediates in the production of other silicone product types, including gels, elastomers, and resins.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate at that prevailing in 2018.
Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
Related NAICS Codes:
325199 Silicone (except resins) manufacturing
325211 Silicone resins manufacturing
325212 Silicone rubber manufacturing
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