Market Overview:
The global condensation-cure silicone mold rubber market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for condensation-cure silicone mold rubber from various end-use industries such as casting wax, gypsum, polymer modified gypsum, and others. Based on type, the global condensation-cure silicone mold rubber market has been segmented into urethane, epoxy, polyester resins and others. Urethane is expected to account for a major share of the global market during the forecast period owing to its properties such as high thermal stability and resistance against chemicals. Epoxy resin is also anticipated to witness significant growth during the forecast period due its properties such as excellent adhesion with substrates and good mechanical strength. On basis of application, the global condensation cure silicone mold rubber market has been segmented into casting waxes,, gypsums,, polymer modified gypsums,, sealants & coatings,, adhesive tapes,. Casting waxes are projected ot hold a dominant share of thge overall application segment duringthe forecast period owingto their wide usage in die casting processes across various end use industries.
Product Definition:
"Condensation-Cure Silicone Mold Rubber is a two-part silicone rubber that cures by the release of heat from the reaction of two components, platinum catalyst and silicone base. The cured rubber is tough, flexible and has good tear resistance. It can be used for making molds for casting urethane, epoxy or polyester resins, waxes and low melting point metals.
The importance of Condensation-Cure Silicone Mold Rubber is that it is tough, flexible and has good tear resistance. This makes it perfect for making molds for casting urethane, epoxy or polyester resins which will then produce high quality finished products.
Urethane:
Urethane is a polymer with the chemical formula CH2OH. It is produced by treating ethylene with phosgene. Urethanes are used in various end-use industries such as automotive, construction, and consumer goods owing to their high strength and impact resistance properties. Increasing demand for lightweight vehicles along with stringent government regulations regarding CO2 emissions has resulted in an increased usage of urethane foams which are further expected to drive market growth over the forecast period.
Epoxy:
Epoxy is a thermosetting polymer, which contains carbon, oxygen and hydrogen. It is manufactured by the reaction of epichlorohydrin with polyols or ketones. The most commonly used epoxy resins are Polyether Ether Ketone (PEEK) and Polyurethane (PU). PEEK has high strength & stiffness, excellent fatigue resistance & dimensional stability under extreme temperatures and pressures along with being an outstanding electrical conductor.
Application Insights:
The casting wax application segment led the global condensation-cure silicone mold rubber market in 2017. This is attributed to its rising demand from various industries including automotive, construction and electronics. The segment is expected to register a CAGR of XX% over the forecast period owing to its properties such as high temperature resistance and ease of processing.
Casting wax applications include metal casting, foundry operations and investment castings among others. Foundry sand molds are used for making sandcast ironfounders or unsanded cast iron founders depending on the level of impurities in them which determine their grade/quality before they are used in foundry operations.
Regional Analysis:
Asia Pacific dominated the global condensation-cure silicone mold rubber market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from various application industries in countries such as China, India, Japan, and South Korea. Rapid industrialization coupled with favorable government policies aimed at promoting domestic manufacturing activities is anticipated to drive industry expansion over the next eight years.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization and urbanization that has resulted in an increasing population across key economies including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam Bangladesh Pakistan Sri Lanka Myanmar (Burma) Nigeria Egypt Iran Iraq Kuwait Oman Qatar Saudi Arabia United Arab Emirates (UAE). This factor is projected to boost product demand during the forecast period.
Growth Factors:
- Increasing demand for silicone rubber products in the automotive and medical industries
- Growing popularity of silicone-based sealants and adhesives in construction and manufacturing sectors
- Rising demand for high-performance elastomers with superior thermal, electrical, and chemical resistance properties
- Proliferation of new applications for silicone rubber across a wide range of industries
- Technological advancements that are making it possible to produce more sophisticated silicone rubber products
Scope Of The Report
Report Attributes
Report Details
Report Title
Condensation-Cure Silicone Mold Rubber Market Research Report
By Type
Urethane, Epoxy, Polyester Resins, Others
By Application
Casting Wax, Gypsum, Polymer Modified Gypsum, Others
By Companies
Smooth-On, Applied Rapid Technologies Corp., Bulk Apothecary, Mark V Laboratory, Star Technology, Next Generation Molds Inc., GT Products, LSR Engineering, Elastomer Technologies, Minnesota Rubber & Plastics, Smooth-On, Goodwin Bradley, Wacker Chemical Corp., WRH Industries, Polytek Development Corp.
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Condensation-Cure Silicone Mold Rubber Market Report Segments:
The global Condensation-Cure Silicone Mold Rubber market is segmented on the basis of:
Types
Urethane, Epoxy, Polyester Resins, 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
Casting Wax, Gypsum, Polymer Modified Gypsum, 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:
- Smooth-On
- Applied Rapid Technologies Corp.
- Bulk Apothecary
- Mark V Laboratory
- Star Technology
- Next Generation Molds Inc.
- GT Products
- LSR Engineering
- Elastomer Technologies
- Minnesota Rubber & Plastics
- Smooth-On
- Goodwin Bradley
- Wacker Chemical Corp.
- WRH Industries
- Polytek Development Corp.
Highlights of The Condensation-Cure Silicone Mold Rubber 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:
- Urethane
- Epoxy
- Polyester Resins
- Others
- By Application:
- Casting Wax
- Gypsum
- Polymer Modified Gypsum
- 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 Condensation-Cure Silicone Mold Rubber 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?
Condensation-Cure Silicone Mold Rubber is a type of silicone mold rubber that cures through the process of condensation. This type of silicone mold rubber is used to create molds for products such as figurines, toys, and other small objects.
Some of the key players operating in the condensation-cure silicone mold rubber market are Smooth-On, Applied Rapid Technologies Corp., Bulk Apothecary, Mark V Laboratory, Star Technology, Next Generation Molds Inc., GT Products, LSR Engineering, Elastomer Technologies, Minnesota Rubber & Plastics, Smooth-On, Goodwin Bradley, Wacker Chemical Corp., WRH Industries, Polytek Development Corp..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size & Forecast, 2018-2028
4.5.1 Condensation-Cure Silicone Mold Rubber Market Size and Y-o-Y Growth
4.5.2 Condensation-Cure Silicone Mold Rubber Market Absolute $ Opportunity
Chapter 5 Global Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Type
5.2.1 Urethane
5.2.2 Epoxy
5.2.3 Polyester Resins
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Applications
6.2.1 Casting Wax
6.2.2 Gypsum
6.2.3 Polymer Modified Gypsum
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Analysis and Forecast
9.1 Introduction
9.2 North America Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Type
9.6.1 Urethane
9.6.2 Epoxy
9.6.3 Polyester Resins
9.6.4 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Applications
9.10.1 Casting Wax
9.10.2 Gypsum
9.10.3 Polymer Modified Gypsum
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 Condensation-Cure Silicone Mold Rubber Analysis and Forecast
10.1 Introduction
10.2 Europe Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Type
10.6.1 Urethane
10.6.2 Epoxy
10.6.3 Polyester Resins
10.6.4 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Applications
10.10.1 Casting Wax
10.10.2 Gypsum
10.10.3 Polymer Modified Gypsum
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 Condensation-Cure Silicone Mold Rubber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Type
11.6.1 Urethane
11.6.2 Epoxy
11.6.3 Polyester Resins
11.6.4 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Applications
11.10.1 Casting Wax
11.10.2 Gypsum
11.10.3 Polymer Modified Gypsum
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 Condensation-Cure Silicone Mold Rubber Analysis and Forecast
12.1 Introduction
12.2 Latin America Condensation-Cure Silicone Mold Rubber 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Type
12.6.1 Urethane
12.6.2 Epoxy
12.6.3 Polyester Resins
12.6.4 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 Condensation-Cure Silicone Mold Rubber Market Size Forecast by Applications
12.10.1 Casting Wax
12.10.2 Gypsum
12.10.3 Polymer Modified Gypsum
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) Condensation-Cure Silicone Mold Rubber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Condensation-Cure Silicone Mold Rubber 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) Condensation-Cure Silicone Mold Rubber Market Size Forecast by Type
13.6.1 Urethane
13.6.2 Epoxy
13.6.3 Polyester Resins
13.6.4 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) Condensation-Cure Silicone Mold Rubber Market Size Forecast by Applications
13.10.1 Casting Wax
13.10.2 Gypsum
13.10.3 Polymer Modified Gypsum
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 Condensation-Cure Silicone Mold Rubber Market: Competitive Dashboard
14.2 Global Condensation-Cure Silicone Mold Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smooth-On
14.3.2 Applied Rapid Technologies Corp.
14.3.3 Bulk Apothecary
14.3.4 Mark V Laboratory
14.3.5 Star Technology
14.3.6 Next Generation Molds Inc.
14.3.7 GT Products
14.3.8 LSR Engineering
14.3.9 Elastomer Technologies
14.3.10 Minnesota Rubber & Plastics
14.3.11 Smooth-On
14.3.12 Goodwin Bradley
14.3.13 Wacker Chemical Corp.
14.3.14 WRH Industries
14.3.15 Polytek Development Corp.
