Latin America Silicone Market Price, Share, Size 2023-2028

El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Siliconas, Informe y Pronóstico 2023-2028′, ofrece un examen en profundidad del panorama del mercado, sobre la base de la segmentación por tipo, uso final y regiones. El informe ofrece una evaluación detallada mediante la exploración de factores clave como las tendencias y los impulsores regionales, y el examen de las limitaciones y los retos del mercado a través del modelo de las cinco fuerzas de Porter y un análisis SWOT. Además, el mercado se analiza en función de las tendencias pasadas y futuras y su impacto en la dinámica y las perspectivas del mercado, con un estudio exhaustivo de los indicadores de precios y los agentes del mercado incluidos.

The new report by Informes de Expertos titled, ‘Latin America Silicone Market 2023-2028’ , offers an in-depth examination of the market landscape, on the basis of segmentation by type, end use, and region. The report provides details evaluation by exploring key factors such as regional trends and drivers and examining market limitations and challenges through Porter’s five forces model and a SWOT analysis. Additionally, the market is analyzed based on past and future trends and their impact on the market dynamics and prospects, with comprehensive research on price indicators and market players included.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 3,8%

La demanda de silicona surge de su uso en diversos sectores finales, como la automoción, la construcción, la electrónica, la sanidad y el cuidado personal. El crecimiento de estos sectores aumentará la demanda de silicona. Se utiliza en la fabricación de baterías para vehículos eléctricos, y la demanda de este tipo de vehículos está aumentando debido a la preocupación por el medio ambiente y a los incentivos gubernamentales. Se espera que esto impulse la demanda de silicona en la industria del automóvil. Así, el tamaño del mercado latinoamericano de siliconas alcanzó un valor de 229,98 millones de USD en 2021 y se espera que crezca a un valor de alrededor de 315,56 millones de USD para 2027.

Se espera que la demanda de silicona en el sector de la construcción aumente debido a la creciente urbanización y al desarrollo de infraestructuras en los países en desarrollo. La silicona se utiliza en diversos dispositivos médicos, como implantes, tubos y prótesis. Se espera que la creciente demanda de servicios sanitarios y los avances en tecnologías médicas impulsen la demanda de silicona. Por ejemplo, el desarrollo de hidrogeles de silicona ha revolucionado el sector de las lentes de contacto.

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Industry Definition and Major Segments

Silicone, a type of polymer, is a man-made compound consisting of silicon, oxygen, carbon, and hydrogen. It is used extensively in various industries like medical, automotive, and household products. Silicone is known for its distinctive features, including its heat resistance, water-repellent properties, and flexibility, making it a preferred material for producing items like cookware, bakeware, adhesives, sealants, and personal care products.

By type, the market is segmented into:

• Elastomer
• Fluids
• Gels
• Resins

On the basis of end use, the industry is categorised into:

• Industrial Process
• Construction Materials
• Home and Personal Care
• Transportation
• Energy
• Healthcare
• Electronics
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Colombia
• Others

Market Trends

The silicone market is witnessing several significant trends in recent years. One of the primary trends is the growing demand for silicone products in various industries such as construction, automotive, healthcare, electronics, and personal care. The construction industry, in particular, is a significant contributor to the demand for silicone due to its use in sealants, adhesives, and coatings. The automotive industry is another significant contributor, where silicone is used in gaskets, hoses, and other components.

Another trend in the silicone market is the increasing demand for sustainable and eco-friendly products. There is a growing consumer demand for products that are environmentally friendly, resulting in the development of eco-friendly silicone products is on the rise. Furthermore, there is a shift towards using bio-based raw materials in the production of silicone, which reduces the carbon footprint of the silicone manufacturing process. As the demand for sustainable and eco-friendly products continues to grow, the silicone industry

Key Market Players

The major players in the market are:

• Silicon Argentina SRL
• Evonik Industries AG
• The Dow Chemical Company
• Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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