Latin America Silicone Film Market Report Description:
Latin America market report gives comprehensive outlook on silicone film market across the regions with special emphasis on key countries of Latin America such as Brazil, Mexico, Argentina, Chile, and rest of Latin America. The report on Latin America market gives historical, current, and future market sizes (US$ Mn) on the basis of type, by end use industry type, and countries. This report studies Latin America market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Latin America market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the Latin America market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in Latin America market activities.
The Latin America market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Market for Latin America silicone film projected to reach US$ XX Mn by 2025 due to increased application of silicone film in various industry.
Development and Launch of New Hot Melt Adhesives
Development and launch of innovative silicone film by the market players enables surge
in the silicone film market demand over the forecast years. For instance. In 2018, Mitsubishi Chemical Corporation (Japan) launched the new silicone film which has a wide range of application. Moreover, launch of newer products in various countries enables the growth of silicone film market over the forecast years.
Silicone Release Liners Segment Expected to Dominate the Market
Based on type, the Latin America market is segmented into silicone release liners, silicone coated film and silicone film. Silicone release liners is expected to dominate the market due to its extraordinary characteristics such as ultra-low surface energy, silicon-oxygen bond and high gas permeability.
Brazil Accounts for Larger Market Revenue Share in Latin America Silicone Film Market
Latin America market report analyses the market in different countries of Latin America. Brazil accounted for major revenue share in Latin America market owing to increased demand for construction designs. End user industries such as construction, electrical, automotive, and packaging are rapidly expanding in countries of Latin America such as Brazil.
- Wacker Chemie (Germany)
- Mitsubishi Chemical Corporation (Japan)
- Elkem (Norway)
- DowDuPont (US)
- Momentive Performance Materials (US)
- Loparex (US)
- Toray Advanced Film (Japan)
- Siliconature (Italy)
- Polyplex (India),
- Sappi Limited (South Africa)
Latin America market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, on 22 March 2018 Elkem completed the acquisition of two Chinese plants, Yongdeng Silicon and Xinghuo Silicones Materials from its principal shareholder Bluestar.
Key Findings of the Report:
Latin America market expanding at significant CAGR over 2019 to 2025 to reach market value of US$ XX Mn by 2025 owing to increase launch of newer products.
- Based on type silicone release liners accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on mergers and acquisitions strategies to retain market position in Latin America Hot Melt Adhesives market
- Silicone Film
- Silicone Coated Film
- Silicone Release Liners
By End Use Industry Type
- Rest of Latin America
Key Features of the Report:
- The report provides granular level information about the market size, country market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market