Silicone Gel Market by Product (Inorganic Silicone Gel and Organic Silicone Gel), By End-Use Industry (Electrical & Electronics, Medical & Pharmaceuticals, Cosmetics & Personal Care, and Others), and By Region – Global Opportunities & Forecast, 2020-2027
Silicone gel is a synthetic gel made from repeating units of siloxane. The chain of alternating oxygen atoms and silicon atoms are integrated with hydrogen or carbon. Silicone gels are composed of reactive silicone cross-linkers and reactive silicone polymers. It is used to fill breast implants and is useful in removing various types of scars, such as hypertrophic scars, keloids, and superficial scars. It has a wide range of applications in medical & pharmaceuticals, electrical & electronics, and cosmetics & personal care.
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The growing usage of silicone gel in the electrical & electronics industry for several applications, such as LED lighting and automotive electronics, is significantly driving the growth of the global silicone gel market. The usage of silicone gel in medical applications is also high due to the presence of soft as well as very sticky gels, which enables it to be used for implant and prosthetic applications and for transdermal and topical wound care applications. The demand for silicone gel is increasing in wastewater treatment applications as it helps in the removal of toxic components to provide enhanced water quality. These factors play a crucial role in surging the growth of the global silicone gel market. Moreover, silicone gels are highly efficient and less toxic, which makes it a safe component to be used in various applications. The solar energy and LED lighting sectors are expanding rapidly, which raises the demand for silicone gel. Silicone gels are highly resistant to water, humidity, and low and high temperatures. These features are expected to boost the growth of the global silicone gel market.
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Based on the product, the market is segmented into inorganic silicone gel and organic silicone gel. The organic silicone gel segment is anticipated to grow at a faster CAGR over the forecast period. This is mainly due to the growing awareness regarding the benefits of organic silicone gel as compared to inorganic silicone gel. Manufacturers are focussing on cost reduction and the easy availability of organic silicone gel. It is highly preferred in wastewater treatment applications to provide pure and improved quality water. All these factors are providing substantial growth to the organic silicone gel segment in the global silicone gel market.
Based on the end-use industry, the market is segmented into electrical & electronics, medical & pharmaceuticals, cosmetics & personal care, and others. The electrical & electronics segment is expected to grow at a higher CAGR over the forecast period. This is attributed to the excellent characteristics of silicone gels, which includes elevated dielectric breakdown, confrontation to low and high temperatures, and hydrophobicity, enabling these gels to be used for severe and extreme circumstances in the electrical & electronics industry. Silicone gel is used electrical & electronics sector for a wide range of applications, such as highly sensitive circuits, semiconductors, and other electronic assemblies and components. It is highly used in high voltage applications as it efficiently insulates the above ground and underground cable lines. These factors are significantly contributing to the growth of the electrical & electronics segment in the global silicone gel market.
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Based on the region, Asia-Pacific is projected to grow at a higher CAGR during the forecast period owing to the increasing demand for silicone gel in the emerging markets. There is high economic growth in this region, which is further growing the end-use industries. Manufacturers are focusing on the reduction of manufacturing costs, which is inclining the industries towards the adoption of silicone gel. The increasing demand for low cost, advanced, and small electronics components in countries such as India, China, Japan, among others, which is raising the demand for silicone gel in the photovoltaic sector. All these factors are likely to bolster the growth of the silicone gel market in Asia-Pacific.
Various notable players operating in the market include Dow, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Elkem Silicones, Momentive, CHT UK Bridgwater Ltd, KCC Corporation, Gelest Inc., Siltech Corporation, and Avantor, Inc., among others.
Key Developments:
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- In 2020, Dow launched a new thermal gel, DOWSIL TC-3065, for 5G technology. It promotes environmental sustainability and efficient assembly. It is designed to eliminate massive amounts of heat from sensitive electronic components.
- In 2020, Elkem Silicones launched PURESIL, its new brand, to offer specialized personal care. This product is created to deliver the formulation texture, optical wrinkle masking, specific sensory cues, SFP boosting, and many other benefits.
- In 2019, Wacker launched SILIGEL 601 CN, which is a two-component silicone gel. It is specifically created for the optical bonding of large-sized screens. It offers superior weather resistance and inherent tackiness and has the ability to cure itself rapidly when heated.
The global silicone gel market has been segmented on the basis of product, end-use industry, and regions. Based on product, the market is segmented into inorganic silicone gel and organic silicone gel. Based on end-use industry, the market is segmented into electrical & electronics, medical & pharmaceuticals, cosmetics & personal care, and others. The electrical & electronics segment is further segmented into automotive electronics, LED lighting, HV insulation, and photovoltaic (PV). The medical & pharmaceuticals segment is further segmented into prosthetic & implant, scar treatment & wound care, pharmaceuticals, and others. Based on region, the global Silicone Gel market is segmented into North America, Europe, Asia-Pacific, and roW.
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Key questions answered in this research report:
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- At what pace is global silicone gel market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in silicone gel market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global silicone gel market?
- Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
- What are the various end-use industry areas of global silicone gel market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues Currency |
USD Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Product, By End-Use Industry, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Dow, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Elkem Silicones, Momentive, CHT UK Bridgwater Ltd, KCC Corporation, Gelest Inc., Siltech Corporation, Avantor, Inc., among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Silicone Gel Market by Product
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- Inorganic Silicone Gel
- Organic Silicone Gel
Global Silicone Gel Market by End-Use Industry
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- Electrical & Electronics
- Automotive Electronics
- LED lighting
- HV insulation
- Photovoltaic (PV)
- Medical & Pharmaceuticals
- Prosthetic and Implant
- Scar treatment and wound care
- Pharmaceuticals
- Others
- Cosmetics & Personal Care
- Others
- Electrical & Electronics
Global Silicone Gel Market by Region
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- North America Silicone Gel Market (Option 1: As a part of the free 25% customization)
- By Product
- By End-Use Industry
- US Market All-Up
- Canada Market All-Up
- Europe Silicone Gel Market (Option 2: As a part of the free 25% customization)
- By Product
- By End-Use Industry
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
- Asia-Pacific Silicone Gel Market (Option 3: As a part of the free 25% customization)
- By Product
- By End-Use Industry
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
- RoW Silicone Gel Market (Option 4: As a part of the free 25% customization)
- By Product
- By End-Use Industry
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
- North America Silicone Gel Market (Option 1: As a part of the free 25% customization)
Major Players Operating the Silicone Gel (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Dow
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- Elkem Silicones
- Momentive
- CHT UK Bridgwater Ltd
- KCC Corporation
- Gelest Inc.
- Siltech Corporation
- Avantor, Inc.
- Published Date: Jan - 2021
- Report Format: Excel/PPT
- Report Code: CF18A-00-0719
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Silicone Gel Market by Product (Inorganic Silicone Gel and Organic Silicone Gel), By End-Use Industry (Electrical & Electronics, Medical & Pharmaceuticals, Cosmetics & Personal Care, and Others), and By Region – Global Opportunities & Forecast, 2020-2027
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