Silicone Rubber Sheet Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[155+ Pages Report] According to the report published by Facts Factors, the global silicone rubber sheet market size was worth around USD 3.8 billion in 2019 and is predicted to grow to around USD 5.2 billion by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global silicone rubber sheet market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the silicone rubber sheet market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the silicone rubber sheet industry. The report analyzes and declares the historical and current trends analysis of the silicone rubber sheet industry and subsequently recommends the projected trends anticipated to be observed in the silicone rubber sheet market during the upcoming years.

The silicone rubber sheet market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire silicone rubber sheet market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of volume (Kilotons), and value (USD billion) from FY 2016 – 2026.

Key Insights from Primary Research

• According to the primary CXOs of the global silicone rubber sheet market, the market is estimated to witness a substantial growth of nearly 5% over the forecast period.
• The market was valued at USD 3.8 billion, in 2019 and is expected to be valued at over USD 5.2 billion.
• By material type segmentation, the insulation silicone rubber sheet category is expected to contribute the largest market share in the global silicone rubber sheet market attributed to the excellent electric insulation property.
• On the basis of the application segment, the construction category led the market in 2019 and it is anticipated to grow use of silicon rubber sheets in the building and construction sector.
• By geography, in 2019, North America dominated the market and it is projected to witness the highest market share attributed to the increasing use of silicone rubber sheets in the construction and automotive industry.

Key Recommendations from Analysts

• Our analysts recommend that the European region will dominate the global market for the silicone rubber sheet over the forecast period and high adoption of the silicone rubber sheet in this region.
• Owing to the use of silicon rubber sheets in various industrial applications, the Asia Pacific region is anticipated to boost the market over the forecast period.
• Due to the use of silicon rubber in food processing, and packaging, the food and beverages category is anticipated to grow over the forecast period. 
• Owing to the growing demand for silicon rubber in the automotive industry, the automotive category is expected to expand the market during the upcoming years.
• Owing to the wide use of silicon rubber sheets in various applications and strategic development in the production of silicon rubber by the major manufacturers may create numerous opportunities in the market over the forecast period.

Market Attractiveness by Material Type Analysis

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the silicone rubber sheet industries are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the silicone rubber sheet industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the silicone rubber sheet market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the silicone rubber sheet industry. The silicone rubber sheet market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the silicone rubber sheet sector. Key strategic developments in the silicone rubber sheet market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the silicone rubber sheet market are appropriately highlighted in the report.

The silicone rubber sheet market research report delivers an acute valuation and taxonomy of the silicone rubber sheet industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the silicone rubber sheet industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the silicone rubber sheet industry is provided for the leading economies of the world.

Silicone rubber is a substance similar to rubber which is an inorganic synthetic elastomer. This is composed of a cross-link between carbon, silicon-based polymer, oxygen, and hydrogen. Silicone has the potential to stay elastic and is commonly used for various purposes in industry. This combines mechanical and chemical properties.

Increasing demand from various industries such as chemical, food, automotive, and construction is driving the market growth. The silicon rubber sheet is moisture resistant, resistant to low and high temperatures, chemical resistant, and compression resistant. Silicon rubber sheets provide excellent work-life in various weather conditions. They can be modified in different design specifications based on their industrial use such as physical parameters, chemical contact, budget requirements, etc. Owing to these factors, the silicon rubber sheet is expected to witness significant growth in the future years. However, the high cost of the material may restrain the market growth.

The silicone rubber sheet market is segmented based on type, application, and region. On the basis of type segmentation, the market is classified into insulation silicone rubber sheets, antistatic silicone rubber sheets, conductive silicone rubber sheets, and others. By application segmentation, the market is divided into food & beverage, medical, automotive, construction, and others.

Some of the essential players operating in the silicone rubber sheet market, but not restricted to include

• Kent & Yorkshire Gaskets
• Modus Advanced
• Silex
• Warco
• Fuji Polymer Industries
• Samco
• EREFSA
• Zenith
• Mosites Rubber
• Kiran Rubber
• 3A Rubber
• MER-Europe
• Jingdong Rubber
• Silicone Engineering
• White Cross Rubber

The taxonomy of the silicone rubber sheet industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Insulation Silicone Rubber Sheet
• Antistatic Silicone Rubber Sheet
• Conductive Silicone Rubber Sheet
• Others

By Application Segmentation Analysis

• Food & Beverage
• Medical
• Automotive
• Construction
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa