New York, March 04, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Middle East and North Africa Silicone Market Report: Trend, Outlook and Competitive Analysis” – https: / /www.reportlinker.com/ p06030341 /? utm_source = GNW
The future of the Middle East and North Africa silicone market looks promising with opportunities in the business processes, construction and building, personal care and consumer products, transportation, electronics, healthcare, and energy industries. The silicone market in the Middle East and North Africa is expected to decline in 2020 due to the global economic downturn led by COVID-19. However, the market will see a recovery in the year 2021, and is expected to grow with a CAGR of 3% -5% from 2019 to 2025. The key drivers for this market are increased construction activity and growth in it. the production of cars.
An emerging trend, which has a direct impact on the dynamics of the industry, includes the development of an antimicrobial silicone elastomer for the medical and food and beverage sector.
The study includes trends and forecasts for the Middle East and North Africa silicone market by end-use industry and product type as follows:
With end-use business [Value ($ Million) for 2014 – 2025]:
Business ProcessesBuilding and ConstructionPersonal Care and Consumer ProductsTransportationElectronicsMedical and HealthcareEnergyOthers
Depending on product type [Value ($ Million) for 2014 – 2025]:
ElastomersFluidsResins
Gels
Some of the silicone companies in this report include Dow Inc., Momentive, Wacker Chemie AG, Elkem, and Evonik Industries.
The analyst predicts that construction and building will remain the largest sector over the planned period as a result of growing construction activity in the sector.
Within this market, elastomers remain the largest product type segment over the expected period, due to the growing number of products including line insulators voltage, cooking and baking, food storage products, sportswear and footwear, electronics, and medical devices and implants.
Middle East and North Africa Silicone Market Features
Market Size Measurements: Estimate the size of the Middle East and North African silicone market in terms of value ($ M).
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by different sectors.
Separation analysis: the size of the Middle East and North African silicone market by different sectors, such as end-use industry and product type in terms of value.
Country analysis: Middle East and North Africa silicone market breakdown with Saudi Arabia.
Growth Opportunities: Analysis of growth opportunities in end-use industry and product type for the Middle East and North Africa silicone market.
Strategic Analysis: This includes M&A, new product development, and the competitive landscape of the Middle East and North African silicone market.
An analysis of the competitive intensity of the industry based on the Porter Five Forces model.
This report answers 11 key questions
Q.1 What are some of the promising, high growth opportunities for the Middle East and North African silicone market with end-use industry (industrial processes, construction and building, personal care and consumer products, transportation, electronics , medical and health care, energy, and others) and type of product (elastomers, fluids, resins, and gels)?
Q.2 Which regions grow faster and why?
Q.3 Which country grows faster and why?
Q.4 What are the key factors influencing market dynamics? What are the challenges and challenges of the Middle East and North Africa silicone market?
Q.5 What are the industry and industrial risks in the Middle East and North Africa silicone market?
Q.6 What trends are emerging in this silicone market and the reasons behind it?
Q.7 What are the changing demands of customers in this silicone market?
Q.8 What are the new developments in this silicone market? Which companies are leading these developments?
Q.9 Who are the key players in this silicone market? What are the strategic initiatives implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this silicone market, and what is the risk of them losing market share through the use of a product or product?
Q.11 What M&A activities have been undertaken in the last five years in the Middle East and North African silicone market?
Read the full report: https://www.reportlinker.com/p06030341/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest business data so you can get all the market research you need – instantly, in one place.
__________________________
Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001