Silicone is a high-performance material used in various heavy machinery in the form of resin, elastomers (adhesives, sealants), gels, and fluids. Silicone elastomer is classified into liquid silicone, high temperature silicone, and room temperature silicone rubber. Silicone rubber consists of alternating oxygen and silicon atoms, and based on the bonding between oxygen and silicon atoms, it can be found in various shapes.
Most of the silicone elastomers possess thermoset properties whereas other elastomers possess thermoplastic properties. Silicone elastomer and fluid silicone used in high voltage applications can operate at temperature up to 350°–400° F. In addition, silicone fluids are widely used as transformer oil and circuit breaker oil in power stations.
This report contains market size and forecasts of Silicone in Heavy Machinery in global, including the following market information:
Global Silicone in Heavy Machinery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Silicone in Heavy Machinery Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Silicone in Heavy Machinery companies in 2021 (%)
The global Silicone in Heavy Machinery market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Elastomer Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Silicone in Heavy Machinery include Wacker Chemie AG, Elkem Silicones, Dow inc., Shin-Etsu Silicone, KCC Silicon, Zhejiang XinAn Chemical Industrial Group Co Ltd., Avantor, Stockwell Elastomerics and Momentive Performance Materials Inc.. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Silicone in Heavy Machinery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Silicone in Heavy Machinery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Silicone in Heavy Machinery Market Segment Percentages, by Type, 2021 (%)
Elastomer
Liquid Silicone Rubber
Others
Global Silicone in Heavy Machinery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Silicone in Heavy Machinery Market Segment Percentages, by Application, 2021 (%)
Transformer
Switchgears
Others
Global Silicone in Heavy Machinery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Silicone in Heavy Machinery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Silicone in Heavy Machinery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Silicone in Heavy Machinery revenues share in global market, 2021 (%)
Key companies Silicone in Heavy Machinery sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Silicone in Heavy Machinery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Wacker Chemie AG
Elkem Silicones
Dow inc.
Shin-Etsu Silicone
KCC Silicon
Zhejiang XinAn Chemical Industrial Group Co Ltd.
Avantor
Stockwell Elastomerics
Momentive Performance Materials Inc.