Global Silicone Elastomer Market Analysis, Market Size, Application
Analysis,
Regional
Outlook,
Competitive
Strategies and Forecasts, 2014 To 2020
Growing major end-use industries such as automotive, construction, electrical and electronics industry is expected to have direct positive impact on the global silicone elastomer market. Superior technical properties over conventional rubber are expected to drive the silicone elastomer market over the forecast period. Major application markets include adhesives, coatings and insulation. Increasing niche applications such as abrasion resistance, adhesion, ageing, easy coloring, hydrophobicity, and stain resistance is expected to bolster the market demand over next six years.
For More Information on "Silicone Elastomer Market Research Reports" visit http://www.grandviewresearch.com/industry-analysis/silicone-elastomers-market Growing industrialization & urbanization in emerging economies such as Brazil, India, Thailand, Indonesia and Vietnam is presumed to increase the silicone elastomers demand in regional markets. Asia Pacific was the largest regional market in 2013. Increasing population and rising disposable income of consumers is expected to have positive influence on the market.