Middle East & Africa Liquid Silicone Rubber Market Forecast to 2028

Report Code : BMIRE00027419 | Region : LAMEA | Industry : Chemicals and Materials | Published Date : 11/Nov/2022
Middle East & Africa Liquid Silicone Rubber Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Grade (Food, Medical, and Industrial) and End Users (Healthcare, Automotive, Consumer Goods, Electricals and Electronics, and Others)

The liquid silicone rubber market in MEA is expected to grow from US$ 28.85 million in 2022 to US$ 39.95 million by 2028. It is estimated to grow at a CAGR of 5.6% from 2022 to 2028.

Surging Application in Consumer Electronics Industry Favors the Liquid Silicone Rubber

Increasing penetration of electronic devices in wide range of technical consumer goods in households is surging the demand of liquid silicone rubber in consumer electronics, owing to its application in production of rubber which is widely used in smartphones, headsets, smart wrist bands and other gadgets owing to its high durability, and cost effectiveness, is propelling the demand for liquid silicone rubbers. Further companies are focusing on developing high-performing and convenient to use devices owing to increasing consumer demand. The consumer electronics demand is highly driven by consumers desire for more innovative and advance in technology electronics those helps in fulfilling daily life requirements in hassle-free ways. This factor has played a significant role in stepping up innovation and increasing the demand of liquid silicone rubber in consumer electronics. The availability of devices that manage the automation of daily tasks has fundamentally changed consumer preferences from standard electronics to multifunctional smart devices and this also supported the demand of liquid silicone rubber market. As a result, consumer electronics manufacturers have prospered due to high demand for a variety of wearable smart home devices and other consumer electronics, which has also directly influenced the demand of liquid silicone rubber.

Market Overview

The Middle East & Africa liquid silicone rubber market consists of South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The production of food-grade lubricants and gaskets, as well as the application of liquid silicone rubber in manufacturing home appliances and consumer goods, are all common uses in the food industry. The medical-grade liquid silicon rubber is widely used in this region in manufacturing the devices such as heart pumps, tubing, and surgical reconstructive components. Hence, the emerging healthcare sector in the Middle East and Africa driving the demand for medical-grade liquid silicone rubber market. The cosmetics and personal care industry especially, the cosmetics and fragrances industry is developing at a fast pace in the gulf countries. As the liquid silicon rubber possesses the properties of stability, flexibility, flame & high-temperature resistance, the Middle East region is widely applying it in the textile, footwear, and electronics industry. Also, it is used in the manufacturing of gas water heaters, furnaces, and smoke & carbon dioxide detectors. Hence, the emergence of the electronics and building industry in the Middle East and Africa further drove the liquid silicone rubber market.

MEA Liquid Silicone Rubber Market Revenue and Forecast to 2028 (US$ Million)

MEA Liquid Silicone Rubber Market Segmentation

The MEA liquid silicone rubber market is segmented into grade, end users, and country. Based on grade, the market is segmented into food, medical, and industrial. The industrial segment registered the largest market share in 2022.

Based on end users the MEA liquid silicone rubber market is segmented into healthcare, automotive, consumer goods, electricals and electronics, and others. The healthcare segment registered the largest market share in 2022. Based on country, the market is segmented into South Africa, Saudi Arabia, UAE, and Rest of MEA. UAE dominated the market share in 2022.

Avantor, Inc., CHT Germany GmbH, Dow Inc., Elkem Asa, KCC Silicone Corporation, Momentive, Shin Etsu Chemical Co. Ltd., and Wacker Chemie AG are the leading companies operating in the liquid silicone rubber market in the region.

The List of Companies - Middle East & Africa Liquid Silicone Rubber Market

● Avantor, Inc.

● CHT Germany GmbH

● Dow Inc.

● Elkem Asa

● KCC Silicone Corporation

● Momentive

● Shin Etsu Chemical Co. Ltd.

● Wacker Chemie AG

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Liquid Silicone Rubber Market, by Grade

1.3.2 MEA Liquid Silicone Rubber Market, by End Users

1.3.3 MEA Liquid Silicone Rubber Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

4. MEA Liquid Silicone Rubber Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers

4.3.2 Manufacturers

4.3.3 Distributors/Suppliers

4.3.4 End Users

4.4 Expert Opinion

5. MEA Liquid Silicone Rubber Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Demand for Silicone Rubber in Automotive Industry

5.1.2 Fueling Application of Liquid Silicone Rubber in Medical Implants and Devices

5.2 Market Restraint

5.2.1 High Cost Associated with Manufacturing and Processing

5.3 Market Opportunities

5.3.1 Surging Application in Consumer Electronics Industry Favors the Liquid Silicone Rubber

5.4 Market Future Trends

5.4.1 Increasing Investment in New Product launch from Market Players

5.5 Impact Analysis

6. Liquid Silicone Rubber – MEA Market Analysis

6.1 MEA Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

6.2 MEA Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

7. MEA Liquid Silicone Rubber Market Analysis – By Grade

7.1 Overview

7.2 MEA Liquid Silicone Rubber Market, By Grade (2021 and 2028)

7.3 Food

7.3.1 Overview

7.3.2 Food: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

7.3.3 Food: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)

7.4 Medical

7.4.1 Overview

7.4.2 Medical: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

7.4.3 Medical: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)

7.5 Industrial

7.5.1 Overview

7.5.2 Industrial: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

7.5.3 Industrial: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)

8. MEA Liquid Silicone Rubber Market Analysis – By End User

8.1 Overview

8.2 MEA Liquid Silicone Rubber Market, By End User (2021 and 2028)

8.3 Healthcare

8.3.1 Overview

8.3.2 Healthcare: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Automotive

8.4.1 Overview

8.4.2 Automotive: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Consumer Goods

8.5.1 Overview

8.5.2 Consumer Goods: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.6 Electrical and Electronics

8.6.1 Overview

8.6.2 Electrical and Electronics: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.7 Others

8.7.1 Overview

8.7.2 Others: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

9. MEA Liquid Silicone Rubber Market – Country Analysis

9.1 Overview

9.1.1 Middle East and Africa: Liquid Silicone Rubber Market, by Key Country

9.1.1.1 South Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2 South Africa: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

9.1.1.2.1 South Africa: Liquid Silicone Rubber Market, by Grade

9.1.1.2.2 South Africa: Liquid Silicone Rubber Market, by Grade

9.1.1.2.3 South Africa: Liquid Silicone Rubber Market, by End User

9.1.1.3 Saudi Arabia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4 Saudi Arabia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

9.1.1.4.1 Saudi Arabia: Liquid Silicone Rubber Market, by Grade

9.1.1.4.2 Saudi Arabia: Liquid Silicone Rubber Market, by Grade

9.1.1.4.3 Saudi Arabia: Liquid Silicone Rubber Market, by End User

9.1.1.5 UAE: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6 UAE: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

9.1.1.6.1 UAE: Liquid Silicone Rubber Market, by Grade

9.1.1.6.2 UAE: Liquid Silicone Rubber Market, by Grade

9.1.1.6.3 UAE: Liquid Silicone Rubber Market, by End User

9.1.1.7 Rest of the Middle East & Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.7.1 Rest of the Middle East & Africa: Liquid Silicone Rubber Market, by Grade

9.1.1.7.2 Rest of the Middle East & Africa: Liquid Silicone Rubber Market, by Grade

9.1.1.7.3 Rest of the Middle East & Africa: Liquid Silicone Rubber Market, by End User

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

10.4 Merger and Acquisition

11. Company Profiles

11.1 Avantor, Inc.

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Dow Inc.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Momentive

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Wacker Chemie AG

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 CHT Germany GmbH

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Elkem Asa

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 KCC Silicone Corporation

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Shin Etsu Chemical Co. Ltd.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1. MEA Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

Table 2. MEA Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

Table 3. South Africa Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 4. South Africa Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 5. South Africa Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 6. Saudi Arabia Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 7. Saudi Arabia Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 8. Saudi Arabia Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 9. UAE Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 10. UAE Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 11. UAE Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 12. Rest of Middle East and Africa Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 13. Rest of Middle East and Africa Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 14. Rest of Middle East and Africa Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 15. Glossary of Terms, MEA Liquid Silicone Rubber Market

The List of Companies - Middle East & Africa Liquid Silicone Rubber Market

● Avantor, Inc.

● CHT Germany GmbH

● Dow Inc.

● Elkem Asa

● KCC Silicone Corporation

● Momentive

● Shin Etsu Chemical Co. Ltd.

● Wacker Chemie AG

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA liquid silicone rubber market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the MEA liquid silicone rubber market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the liquid silicone rubber market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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