Global High Temperature Silicon Market – Drivers, Opportunities, Trends & Forecasts up to 2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
High Temperature Silicon Market – Drivers, Opportunities, Trends &
Forecasts up to 2022" report has been added to Research
and Markets' offering.

Silicone elastomers quickly grabbed the market when they were introduced
in the mid-20th century. The properties such as fuel & oil resistance,
higher temperature stability, and lower smoke within affordable price
range attracted the customers.

Silicone elastomers are the major contributors to the high-temperature
silicone market followed by silicone coatings. Silicone elastomers,
being premium products, are preferred over thermoplastic elastomers due
to silicone's high thermal resistance, which are used in the high
temperature change areas. Automotive and construction industries are the
major contributors to the high-temperature silicone market owing to high
demand from developing countries and increased investments by the
companies. This trend is expected to continue during the forecast period
as well. China, which contributed the majority of the revenue in 2016 is
estimated to continue to lead the market until 2022.

The expected economic stability in Europe will boost its industrial and
automotive industry, thereby increasing opportunities for the
high-temperature silicone market. Supportive government regulations to
increase the chemical production and higher disposable income will drive
the market growth.

The production market is very competitive in the high-temperature
silicone market with the presence of many big multinational companies
competing among each other. All the companies are making huge
investments in R&D to innovate novel products with the objective of
attaining more customers and thus increasing their market share.

Some of the prominent companies operating in the high-temperature
silicone market are BASF SE, Momentive Performance Materials Inc., Dow
Corning Corporation, Elkem AS, and Wacker Chemie AG, among many others.

Report Scope:

• Products
  • High-Temperature Elastomers
  • High-Temperature Coatings
  • High-Temperature Sealants & Adhesives
  • High-Temperature Industrial Plastics
• End-Use Applications
  • Automotive
  • Construction
  • Industrial
  • Electrical & Electronics
  • Others
• Regions
  • Asia Pacific
  • Europe
  • North America
  • Rest of the World
• Industry outlook: market trends and drivers, restraints, and
  opportunities

Companies Mentioned

• 3M
• BASF SE
• Dow Corning Corporation
• Elkem AS
• Evonik Industries AG
• Huntsman Corporation
• Merger of DuPont and Dow Chemical Company
• Milliken & Company
• Momentive Performance Materials Inc.
• Shin-Etsu Chemical Co., Ltd.
• Wacker Chemie AG

For more information about this report visit https://www.researchandmarkets.com/research/gk3wbz/global_high

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