The Asia Pacific is a leading market for silicones where the market is being driven by growing sectors like construction, transportation, personal care, electronics, and healthcare industries, among others. The region was the leading silicones market in 2016 due to the greater availability of cheap labour, and raw materials, which led to the shifting of production facilities by the key players to Asia from North America and Europe. The shift by the major players in the global silicones market was also a result of the increasing penetration opportunities in sectors for end-use applications.
Get a free sample for this market study here - https://www.expertmarketresearch.com/request?type=report&id=134&flag=B
China and India are the key silicones market in the region with thriving infrastructure and automobiles industries. With growing pollution levels in both countries, their governments are implementing more environmentally conscious policies. Currently, China is a leading market for electric vehicles with a rising supply of and demand for electric vehicles. India is also emerging as a potentially attractive market for these vehicles with its goal to reach electric mobility by 2030. Thus, many of the major players in the Chinese e-vehicles market are eying expansion in India through a collaboration with local players. This development will aid the growth of the silicones market in the region in the coming years as silicones are used to manufacture components for adhesion, electrical insulation, and fire resistance, among others.
Japan, Korea, and Taiwan are also significant players in the Asia Pacific silicones market. With multiple plant shutdowns in China due to the Chinese government’s stringent environmental regulations combined with the detrimental effects of the trade war with the US, the key players in silicones market like Japan’s Shin-Etsu Chemical are expanding to meet the supply gap. Shin-Etsu is planning on increasing its production by 50%, with expansions of USD 991 million planned in Japan and Thailand along with the US. The company plans to take advantage of the supply scarcity from the Chinese players, with expansions in monomer plants in Japan and Thailand, and final product factories in South Korea, China, the U.S., Netherlands, and elsewhere.
To view the report summary and Table of Contents, click on - https://www.expertmarketresearch.com/reports/asia-pacific-silicones-market
Market Analysis According to Types, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The report by EMR identifies Elkem Silicones, Dow Chemical Company, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd, Momentive Performance Materials Inc., Evonik Industries AG, KCC (South Korea), Herrman (China), Dallan (China), Hubei Bluesky New (China), Supreme Silicones (India), and Elkay Silicones (India), among others, as the major players in the global and Asia Pacific silicones market. It provides up-to-date information regarding plant turnarounds, capacity expansions, and mergers and acquisitions of these key players within the context of the silicones market in Asia Pacific.
EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
EMR Business Solutions LLP
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
"Asia Pacific (APAC) Silicones Market: D5 and Emulsion; By Type: Elastomers; Fluids; Gels; Resins; By End Use: Industrial Process, Construction Materials, Home and Personal Care, Transportation, Energy, Healthcare, Electronics; By Region: China, India, South East Asia; Historical Supply and Demand (2015-2019); Supply and Demand Forecast (2020-2025); Feedstock: Methanol, Silicon Metal and Hydrochloric Acid; Regional Price Trends; Trade Analysis; Competitive Landscape; Consumer Analysis"
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
The global oleochemicals market is being aided by the growth of fatty alcohol and fatty acids markets. The fatty alcohols industry attained a production volume of 3.6 million metric tons in 2019. The ...
Global Tert-butanol Market Report and Forecast 2019-2024
Global Electrolytic Manganese Dioxide Market Report and Forecast 2019-2024
Aided by the growth in the global silicones market, which is projected to grow at a CAGR of about 5% during the forecast period of 2020-2025, the Latin America silicones market is expected to reach ...
The global silicones market grew at a CAGR of around 5% in the period 2015-2019. The healthy growth of the global silicones market has aided the Europe silicone market, which is expected to reach a ca...