Market Overview:
The global silicone sponge market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for silicone sponge in various applications such as transport, petrochemical, electronic and others. Silicone sponge is also used as a sealant and gasket material in various industries owing to its properties such as thermal stability, chemical resistance and low compression set. In addition, rising demand for lightweight materials across different end-use industries is also projected to fuel the growth of the global silicone sponge market over the forecast period. Some of the key players operating in this market are Momentive Performance Materials Inc., Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd.
Product Definition:
A silicone sponge is a porous, spongy material made from silicone rubber. It is often used as a sealant or gasket between two surfaces to prevent leakage.
Sheet:
Sheet is a thin, flat piece of material. It can be made from any material including glass, plastic and metal. The most commonly used sheet in the world is silicone rubber which is produced by the polymerization of silicon dioxide or silica. Other materials that are used to produce sheets include polyimide, nylon and PVC among others.
Tube:
The tube is a hollow cylindrical container made from silica, also known as silicon dioxide. It is the most important raw material used in the production of silicone sponges. The other two primary raw materials include polyethylene and tetraethylene glycol. Silicon dioxide (SiO2) forms into a thin layer upon itself, which acts as an excellent barrier to water vapor and gases; thus making it highly resistant to water absorption and gas permeability.
Application Insights:
Petrochemical application dominated the global silicone sponge market in terms of revenue share in 2017. The product is widely used for oil & gas processing and refining due to its properties such as non-porous, chemical inertness, high tensile strength and flexibility. These sponges are used for a variety of applications including emulsification, foaming, corrosion prevention & control among others.
Electronic application segment is expected to witness the fastest growth over the forecast period owing to increasing demand from various end-use industries such as consumer electronics and IT industry which includes smartphones/tablets etc., automotive electronics where silicones are utilized in capacitors production or circuit boards assembly line along with other polymers like PVC or PE among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as electronics, automotive, construction and others. China is one of the largest producers of silicone products owing to low manufacturing costs coupled with large land area available for farming purpose. These factors have contributed significantly toward regional growth over the past few years.
The growing automobile industry in Brazil has boosted product consumption across several applications such as engine oil seals, gaskets and sealants for tires among others. In addition, increasing foreign investments coupled with government support are anticipated to boost industrialization in Latin America which will further propel silicone product demand over the next eight years.
Growth Factors:
- Increasing demand for silicone sponge in medical and healthcare industry for various applications such as wound care, surgery, and others
- Rising demand from end-use industries such as automotive, construction, electrical & electronics, and others
- Growing awareness about the benefits of silicone sponge among consumers
- Technological advancements in manufacturing process of silicone sponge
- Expansion of distribution network by key players
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Sponge Market Research Report
By Type
Sheet, Tube, Others
By Application
Transport, Petrochemical, Electronic, Others
By Companies
Stockwell Elastomerics, Bellofram, Elkem Silicones, Rogers Corp, Saint-Gobain Tape Solutions, Shin-Etsu Silicone, Dow Corning, Polymax, Waker, Suzhou Aoke Rubber, Hanna Rubber, PREMSIL, The Rubber Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Sponge Market Report Segments:
The global Silicone Sponge market is segmented on the basis of:
Types
Sheet, Tube, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transport, Petrochemical, Electronic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stockwell Elastomerics
- Bellofram
- Elkem Silicones
- Rogers Corp
- Saint-Gobain Tape Solutions
- Shin-Etsu Silicone
- Dow Corning
- Polymax
- Waker
- Suzhou Aoke Rubber
- Hanna Rubber
- PREMSIL
- The Rubber Company
Highlights of The Silicone Sponge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sheet
- Tube
- Others
- By Application:
- Transport
- Petrochemical
- Electronic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicone Sponge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silicone sponge is a type of silicone rubber that is made from a blend of silicone and other materials. It has a soft, spongy texture and can be used for many different purposes, including cleaning.
Some of the key players operating in the silicone sponge market are Stockwell Elastomerics, Bellofram, Elkem Silicones, Rogers Corp, Saint-Gobain Tape Solutions, Shin-Etsu Silicone, Dow Corning, Polymax, Waker, Suzhou Aoke Rubber, Hanna Rubber, PREMSIL, The Rubber Company.
The silicone sponge market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicone Sponge Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Silicone Sponge Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Silicone Sponge Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Silicone Sponge Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Silicone Sponge Market Size & Forecast, 2020-2028 4.5.1 Silicone Sponge Market Size and Y-o-Y Growth 4.5.2 Silicone Sponge Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sheet
5.2.2 Tube
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transport
6.2.2 Petrochemical
6.2.3 Electronic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Sponge Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silicone Sponge Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sheet
9.6.2 Tube
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transport
9.10.2 Petrochemical
9.10.3 Electronic
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sheet
10.6.2 Tube
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transport
10.10.2 Petrochemical
10.10.3 Electronic
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sheet
11.6.2 Tube
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transport
11.10.2 Petrochemical
11.10.3 Electronic
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sheet
12.6.2 Tube
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transport
12.10.2 Petrochemical
12.10.3 Electronic
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sheet
13.6.2 Tube
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transport
13.10.2 Petrochemical
13.10.3 Electronic
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silicone Sponge Market: Competitive Dashboard
14.2 Global Silicone Sponge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stockwell Elastomerics
14.3.2 Bellofram
14.3.3 Elkem Silicones
14.3.4 Rogers Corp
14.3.5 Saint-Gobain Tape Solutions
14.3.6 Shin-Etsu Silicone
14.3.7 Dow Corning
14.3.8 Polymax
14.3.9 Waker
14.3.10 Suzhou Aoke Rubber
14.3.11 Hanna Rubber
14.3.12 PREMSIL
14.3.13 The Rubber Company