Silicone Film (Silicone Film, Silicone Coated Film, and Silicone Release Liners) Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 11, 2019--The “Silicone Film Market by Type (Silicone Film, Silicone Coated Film, and Silicone Release Liners), End-Use Industry, and Region (APAC, Europe, North America, Middle East & Africa, and South America) - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The market size of silicone film was USD 750.5 million in 2017. Electronics is the fastest-growing end-use industry, in terms of value and volume owing to the growing demand for electronic components.
The overall electronics market in APAC is projected to register a CAGR of 8.5% between 2018 and 2023, in terms of value, with the highest demand coming from emerging countries such as China, India, and Japan. Innovations, cost-effective processes, value-chain optimization, advancements in current applications, and potential emerging applications of silicone film in the electronics industry are the key drivers of the silicone film market.
The global silicone film market is moderately organized with the presence of major dominating players. The key players in this market are DowDupont (US), Wacker (Germany), Elkem (Norway), and Momentive Performance Materials (US). Currently, several big players in the silicone film market are focusing on organic and inorganic growth strategies. They are shifting their focus toward developing economies (such as India and China) to gain significant market share.
Electronics is the largest industry in the overall silicones. The growing trend of miniaturization in the electronics industry has forced electronics component manufacturers to produce smaller components that require higher heat resistance to reduce the probability of failure and ensure reliability.
Thus, the demand for silicone film in the electronics industry is witnessing the rapid growth, as it provides adequate protection at component interfaces that is a critical requirement in higher power electronics. Medical is the second-largest end-use industry in the silicone film market. Silicone film is used in the medical application as it possesses characteristics such as chemical stability, biocompatibility, and resistance to high temperature.
It is estimated to grow from USD 221.4 million in 2018 and reach USD 304.9 million by 2023 at CAGR of 6.6% during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Silicone Film, By Type
7 Silicone Film Market, By End-Use Industry
8 Silicone Film Market, By Region
9 Competitive Landscape
10 Company Profiles3m Company Cheever Specialty Paper & Film Deku Dowdupont Elkem Garware Polyester Ltd. Gascogne Group Infiana Itasa Loparex Mitsubishi Chemical Corporation Mitsui Chemicals Tohcello, Inc. Momentive Performance Materials Polyplex Rayven, Inc. Rossella Saint-Gobain Performance Plastics Sappi Limited Siliconature SJA Film Technologies SKC, Inc. Tee Group Film The Rubber Company Toray Advanced Film Wacker Chemie
For more information about this report visit https://www.researchandmarkets.com/research/pbt8sg/silicone_film?w=4
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SOURCE: Research and Markets
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PUB: 01/11/2019 05:36 AM/DISC: 01/11/2019 05:36 AM