London, United Kingdom, September 29, 2017 --(PR.com
)-- Global ICT market research and consulting oraganiation, Infoholic Research, has recently released an in-demand research report featuring the Global High Temperature Silicon Market; this report has been added to the company’s catalogue at MarketPublishers.com and is available at https://marketpublishers.com/report/chemicals_petrochemicals/global-high-temperature-silicon-market-drivers-opportunities-trends-forecasts-up-to-2022.html.
Silicone elastomers quickly grabbed the market share after their introduction in the mid-20th century due to their beneficial properties like oil and fuel resistance, lower smoke, higher temperature, etc. as well as due to affordable price.
Robust urbanisation, increasing trend towards minituarisation, ongoing improvements in high-temperature technologies are giving a boost to the demand for high-temperature materials, thus, opening opportunities for high temperature silicones (usually operating at temperature around and above 150°C).
The key end-use applications of high-temperature silicon are the automotive and construction industries.
Basing on products, the largest market chunk is held by the silicone elastomers sector, followed by the silicone coatings sector.
The expected economic stability in the European region is likely to fuel the region’s industrial sector and automotive industry, thereby opening lucrative growth opportunities for the high-temperature silicone market. supportive government measures to boost the chemical production and rising disposable incomes are also expected to drive the market growth.
The high temperature silicone market is very competitive with the presence of numerous big multinational companies. All market participants are making huge investments in R&D to introduce new products and attract more customers, thus, expanding their market shares. some of the prominent participants in the high temperature silicon market comprise BASF SE, Momentive Performance Materials, Elkem AS, Dow Corning Corporation and Wacker Chemie AG, amid many others.
The new report on the Global High Temperature Silicone Market by Infoholic Research provides an all-round overview of the market historical and current performance at different geographical levels, features the market dynamics, covers the major growth influencing forces and presents a detailed analysis of the market segmentation and competitive landscape. Besides, this study highlights the prevailing and emerging trends as well as outlines growth opportunities and challenges, and gives a comprehensive future outlook through 2022.
Many other market research studies can be found at MarketPublishers.com.
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