Niche Applications are likely to Reap Potential Opportunities for PDMS Market – New Study by Fact.MR
250 Pages PDMS Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
Latest industry survey by Fact MR, predicts sales of PDMS to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The report offers actionable and valuable market insights of PDMS. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of PDMS Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of PDMS market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of PDMS
This newly published and insightful report sheds light on Market Insights of PDMS, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of PDMS Market.
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Key Segments Covered in the PDMS Market Report:
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New Product Developments and Acquisitions will set the Bar
Global PDMS market is relatively fragmented with numerous regional and local players active in production of PDMS. DowDupont Inc., Wacker Chemie AG, and Elkem ASA are frontrunners with the highest market share and collectively account for 50% – 55% of revenue share.
To leverage the immense potential in the global PDMS market, several organic and inorganic strategies have been undertaken by prominent players. Also, manufacturers have been engaged in the development of new PDMS based products.
For instance, in 2018, Wacker Chemie AG launched a silicone fluid for the cosmetics industry under the brand name BELSIL. Additionally, in 2017, DowDuPont material science division launched silicone-based home and personal care products under the brand name DOWSIL. Investments done by aforementioned companies will increase their market penetration and will meet the demand for PDMS over the forecast period.
Key Takeaways of PDMS Market Study
- Industrial Process is projected to represent around one-third of the overall incremental opportunity created over the forecast period
- Elastomers among other PDMS types are estimated to surpass US$ 3.7 Bn by 2029 end owing to high demand from various end-use industries, such as construction and industrial applications
- Emerging applications of PDMS such as personal care & cosmetics and healthcare are likely to expand value growth of global market by 1.5X by 2029 end
- Fact.MR reports that demand for industrial process and construction end use industry of PDMS collectively accounts for around two-third of the global consumption and is poised to create absolute $ opportunity of US$ 1.3 Bn by 2029
- Personal Care among other end-use industries is likely to witness a striking growth of ~4-5% throughout the assessment period (2019-2029)
- As compared to developed regions, the sales of PDMS are envisaged to be higher in countries of East Asia.
“With the growing demand for self-healing composite materials, PDMS manufacturers have expanded their production capacity and R&D facilities to meet the growing demand from end-use industries” says the Fact.MR analyst.
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Report Benefits & Key Questions Answered
- PDMS Company & brand share analysis: The report offers brand-share analysis on PDMS market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
- PDMS Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
- PDMS Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
- PDMS Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
- PDMS Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
- Post COVID consumer spending on PDMS: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on PDMS sales.
More Valuable Insights on PDMS Market
Fact.MR, in its new report, offers an unbiased Market Analysis of PDMS, Sales and Demand of PDMS, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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