Global Silicone Gel Market to See 6.51% CAGR to 2021, According to Azoth Analytics Research Report Now Available at MarketPublishers.com10 Mar 2017 • by Natalie Aster
LONDON – Significantly rising demand for silicone gel products in industries like medical, electronics, automotive and personal care makes a considerable contribution to robust growth of the silicone gel market globally. This marketplace is likely to follow an upward trend during 2016-2021, posting a CAGR of little over than 6.51%.
Application-wise, the electrical and electronic industry is slated to grow at the fastest pace in the five coming years given the lucrative advantages of silicone gel (mainly its abilities to absorb shock and heat).
Region-wise, the North American and European silicone markets are likely to demonstrate steady growth through 2021 due to considerable expenditures in the automotive and medical industries. Meanwhile, the APAC silicone gel market is anticipated to see the fastest demand growth in the wake of positive economic growth along with rapid development of the key end-use sectors.
Insightful research study “Global Silicone Gel Market: Trends, Opportunities and Forecasts (2016-2021),– By End-User Industries, By Sub-Sector, By Region and By Country” prepared by Azoth Analytics is an unrivaled source of relevant data on the current landscape in the global market for silicone gel. The publication comprises a detailed market outlook and offers an all-round product overview. The report gives a holistic analysis of the marketplace on the basis of end-use markets, sub-sectors, regions and countries. Moreover, the publication sheds light on the market dynamics, examines the market growth driving and limiting factors, discusses trends and opportunities in the years ahead. Porter’s five forces and SWOT analyses are also included. Apart from that, this in-demand research report provides a reader with insights into regulative environment and competitive scenario. Also, 10 top market participants are thoroughly profiled in the report. Additionally, future forecasts for the market up till 2021 are available in the study.
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