Silicone Film Market by Type (Silicone Film, Silicone Coated Film, and Silicone Release Liners), End-Use Industry, and Region (APAC, Europe, North America, Middle East & Africa, and South America) - Global Forecast to 2023
[110 Pages Report] The market size of silicone film is to be USD 794 million in 2018 and is projected to reach USD 1,087 million by 2023, at a CAGR of 6.5%, from 2018 to 2023. The high growth of end-use industries consuming silicone film across the world coupled with efficient and superior properties of these silicone films is driving the market.
Silicone release liners type is expected to be the fastest-growing segment, in terms of value and volume, in the silicone film market, during the forecast period.
On the basis of type, the silicone film market has been categorized into silicone film, silicone coated film, and silicone release liners. Silicone release liners is projected to be the fastest-growing type segment of the silicone film market during the forecast period, whereas silicone coated film is the second-fastest growing type. Silicone is the most commonly used release coating material due to its ability to offer a number of desirable performance characteristics, such as a distinct silicon-oxygen bond, ultra-low surface energy, and high gas permeability.
By end-use industry, the electronics is expected to be the largest segment, in terms of value and volume, in the silicone film market during the forecast period.
On the basis of end-use industry, the silicone film market has been segmented into electronics, medical, industrial, packaging, and others. Electronics is the largest and fastest-growing end-use industry of silicone film. Silicone films are widely used in the electronics industry due to their key properties, such as hydrophobicity, high dielectric breakdown, resistance to high and low temperatures, which enable them to be used in critical and harsh environments in the electronics end-use industry.
APAC is projected to be the largest and fastest-growing market, in terms of value and volume, during the forecast period.
On the basis of region, the silicone film market has been segmented into APAC, Europe, North America, Middle East & Africa, and South America. The market in APAC is more dynamic and competitive than its western counterparts owing to the high demand from end-use industries, namely, electronics, medical, packaging, and others. It is also the fastest-growing silicone film market in terms of both production and demand. The key end-use industries, especially electronics and medical are expected to witness significant growth during the next five years in the region.
Key Market Players
The key players profiled in this market are 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), and Sappi Limited (South Africa).
These companies have adopted various organic as well as inorganic growth strategies between 2015 and 2018 to strengthen their position in the market. Expansion was among the key growth strategies adopted by these leading players to enhance their regional presence and meet the growing demand for silicone film from emerging economies.
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Scope of the Report
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Report Metric |
Details |
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Years considered for the study |
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Base year |
2017 |
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Forecast period |
20182023 |
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Units considered |
Value (USD million) and Volume (Ton) |
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Segments |
Type, End-use Industry, and Region |
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Regions |
North America, APAC, Europe, the Middle East & Africa, and South America |
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Companies |
Total 10 major players covered: |
This research report categorizes the silicone film market based on type, end-use industry, and region.
On the basis of Type, the silicone film market has been segmented as follows:
- Silicone Film
- Silicone Coated Film
- Silicone Release Liners
On the basis of End-use Industry, the silicone film market has been segmented as follows:
- Electronics
- Medical
- Industrial
- Packaging
- Others (Automotive and Consumer Industry)
On the basis of Region, the silicone film market has been segmented as follows:
- Europe
- North America
- APAC
- Middle East & Africa
- South America
Recent Developments
- In November 2018, Loparex expanded its European operation for release liner production. The Apeldoorn production facility in the Netherlands will be installing a new extruder to enhance Loparex capability further and to serve the global release liner market. The new extruder is expected to be operational by the first half of 2020. The new capacity will help the company to serve its customers with poly-coated release liners.
- In September 2018, Elkem expanded its silicone release liner offering by introducing new products and adding capacities, to support the growing needs of the label and packaging markets. The company has expanded global capacity for its Silcolease Optima systems by 15% to maintain its strong position in the release coatings market.
- In April 2017, Siliconature set up a manufacturing plant in Michigan, US. The company spent around USD 19 million to set up a factory in Grand Rapids, Michigan that employed about 26 employees. This expansion strengthened its position in the US silicone coated films and silicone release liners markets.
Critical questions the report answers:
- Are there any upcoming hot bets for the silicone film market?
- How are the market dynamics for different types of silicone films?
- What are the upcoming opportunities for different types of silicone film in emerging economies?
- What are the significant trends in end-use industries influencing the silicone film market?
- Who are the major manufacturers of silicone film?
- What are the factors governing the silicone film market in each region?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regions Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 18)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary (Page No. - 25)
4 Premium Insights (Page No. - 28)
4.1 Attractive Opportunities in the Silicone Film Market
4.2 Silicone Film Market, By End-Use Industry
4.3 APAC Silicone Film Market, By Type
4.4 APAC Silicone Film Market, By End-Use and Country
4.5 Silicone Film Market Attractiveness
5 Market Overview (Page No. - 31)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Superior Properties of the Silicone Film
5.2.1.2 High Growth of End-Use Industries Consuming Silicone Film
5.2.2 Restraints
5.2.2.1 High Manufacturing Cost
5.2.3 Opportunities
5.2.3.1 High Growth Opportunities in Emerging Economies of APAC
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Policies
5.3 Porters Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of Substitutes
5.3.4 Threat of New Entrants
5.3.5 Intensity of Competitive Rivalry
6 Silicone Film, By Type (Page No. - 36)
6.1 Introduction
6.2 Silicone Film
6.2.1.1 Use of Silicone Film as A Masking Material, Cushion Material, and Sheets for Heat Press to Propel the Growth of the Market
6.3 Silicone Coated Film
6.3.1 Pet Siliconized Film
6.3.1.1 High Temperature Resistance and Excellent Barrier Properties are Expected to Drive the Pet Siliconized Film Market
6.3.2 Pe Siliconized Film
6.3.2.1 Excellent Flexibility & Elongation Coupled With Smoothness, and Visual Optical Clarity are the Noteworthy Properties of Siliconized Pe Film
6.3.3 Pp Siliconized Film
6.3.3.1 Major Application Areas of Pp Siliconized Film Consists of Label Stock and Tapes
6.3.4 Others
6.4 Silicone Release Liners
6.4.1 Low-Density Polyethylene (LDPE)
6.4.1.1 Medical, Packaging, and Electronics are the Major End-Use Industries for LDPE Silicone Release Liners
6.4.2 High-Density Polyethylene (HDPE)
6.4.2.1 Low Coefficient of Friction, Excellent Slip Resistance, and Release Properties to Drive the Market of HDPE Silicone Release Liner
6.4.3 Others
7 Silicone Film Market, By End-Use Industry (Page No. - 41)
7.1 Introduction
7.2 Electronics
7.2.1 Silicone Film are in High Demand in Smart Sensors, Automotive Electronics, Actuators, Photovoltaics, and Other Electronic Components
7.3 Medical
7.3.1 Properties of Silicone Film Such as Biocompatibility, Chemical Stability, and Flexibility Promotes Its Use in the Medical Industry
7.4 Industrial
7.4.1 High Tensile Strength, Flexibility, Transparency,And Electrical Insulation of Silicone Film Promotes Its Use in the Industrial Sector
7.5 Packaging
7.5.1 Use of Silicone as Protective Film in Food Packaging is Expected to Fuel the Demand
7.6 Others
7.6.1 Automotive
7.6.2 Consumer Industry
8 Silicone Film Market, By Region (Page No. - 46)
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 Silicone Film has A High Demand in the US Due to the Expanding End-Use Industries
8.2.2 Canada
8.2.2.1 High R&D Activities in the Healthcare Industry are Expected to Drive the Consumption of Silicone Film Subsequently
8.2.3 Mexico
8.2.3.1 Rapid Economic Expansion in Mexico is Expected to Drive the Market
8.3 Europe
8.3.1 Germany
8.3.1.1 The Market Growth is Primarily Attributed to the Rising Demand for Silicone Film in the Electronics, Medical, and Packaging Industries
8.3.2 France
8.3.2.1 The Electronics End-Use Industry Segment Dominated the French Silicone Film Products Market
8.3.3 UK
8.3.3.1 R&D Initiatives are Being Undertaken in the UK to Study the Use of Silicone Film in the Electronics End-Use Industry
8.3.4 Italy
8.3.4.1 Increasing Demand for Silicone Film in the Medical Devices is Expected to Drive the Market
8.3.5 Spain
8.3.5.1 Spain is Expected to Register the Highest Growth Rate in the Silicone Film Market in Europe
8.3.6 Rest of Europe
8.4 APAC
8.4.1 China
8.4.1.1 Low-Cost Raw Material, Labor, and Land Coupled With A Moderately Stringent Regulatory Framework are Expected to Drive the Market
8.4.2 Japan
8.4.2.1 Demand for Healthcare-Related Services has Increased Significantly in Japan Due to Its Growing Aging Population
8.4.3 India
8.4.3.1 Growing Medical and Electronics End-Use Industries are Expected to Drive the Market for Silicone Film
8.4.4 South Korea
8.4.4.1 Government Investments and Research Activities are Expected to Drive the Silicone Film Market
8.4.5 Rest of APAC
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Current Government Fiscal Policies and the Growth of the Industrial Sector Have Increased the Consumption of Silicone Film
8.5.2 South Africa
8.5.2.1 Strong Manufacturing Base is Expected to Boost the Market for Silicone Film
8.5.3 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.1.1 Growing Electronics Industry in the Country has Resulted in an Increased Demand for Silicone Film
8.6.2 Argentina
8.6.2.1 Silicone Film is Expected to Have High Demand in the Electronics Industry
8.6.3 Rest of South America
9 Competitive Landscape (Page No. - 80)
9.1 Overview
9.2 Ranking of Key Players
9.3 Competitive Scenario
9.3.1 New Product Launch, 20142018
9.3.2 Expansion, 20142018
9.3.3 Merger & Acquisition, 20142018
10 Company Profiles (Page No. - 84)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
10.1 Wacker Chemie
10.2 Mitsubishi Chemical Corporation
10.3 Elkem
10.4 Dowdupont
10.5 Momentive Performance Materials
10.6 Loparex
10.7 Toray Advanced Film
10.8 Siliconature
10.9 Polyplex
10.10 Sappi Limited
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
10.11 Other Players
10.11.1 Cheever Specialty Paper & Film
10.11.2 Tee Group Film
10.11.3 The Rubber Company
10.11.4 Garware Polyester Ltd.
10.11.5 Gascogne Group
10.11.6 Itasa
10.11.7 Rossella
10.11.8 SKC, Inc.
10.11.9 Rayven, Inc.
10.11.10 Infiana
10.11.11 SJA Film Technologies
10.11.12 Mitsui Chemicals Tohcello, Inc.
10.11.13 Deku
10.11.14 Saint-Gobain Performance Plastics
10.11.15 3m Company
11 Appendix (Page No. - 104)
11.1 Industry Experts Insights
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets Subscription Portal
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details
List of Tables (66 Tables)
Table 1 Silicone Film Market Size, By Type, 20162023 (USD Million)
Table 2 Silicone Film Market Size, By Type, 20162023 (Ton)
Table 3 Silicone Film Market Size, By End-Use Industry, 20162023 (USD Million)
Table 4 Silicone Film Market Size, By End-Use Industry, 20162023 (Ton)
Table 5 Silicone Film Market Size, By Region, 20162023 (USD Million)
Table 6 Silicone Film Market Size, By Region, 20162023 (Ton)
Table 7 North America: By Market Size, By Country, 20162023 (USD Million)
Table 8 North America: By Market Size, By Country, 20162023 (Ton)
Table 9 North America: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 10 North America: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 11 US: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 12 US: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 13 Canada: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 14 Canada: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 15 Mexico: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 16 Mexico: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 17 Europe: By Market Size, By Country, 20162023 (USD Million)
Table 18 Europe: By Market Size, By Country, 20162023 (Ton)
Table 19 Europe: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 20 Europe: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 21 Germany: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 22 Germany: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 23 France: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 24 France: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 25 UK: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 26 UK: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 27 Italy: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 28 Italy: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 29 Spain: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 30 Spain: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 31 Rest of Europe: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 32 Rest of Europe: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 33 APAC: By Market Size, By Country, 20162023 (USD Million)
Table 34 APAC: By Market Size, By Country, 20162023 (Ton)
Table 35 APAC: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 36 APAC: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 37 China: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 38 China: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 39 Japan: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 40 Japan: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 41 India: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 42 India: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 43 South Korea: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 44 South Korea: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 45 Rest of APAC: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 46 Rest of APAC: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 47 Middle East & Africa: By Market Size, By Country, 20162023 (USD Million)
Table 48 Middle East & Africa: By Market Size, By Country, 20162023 (Ton)
Table 49 Middle East & Africa: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 50 Middle East & Africa: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 51 Saudi Arabia: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 52 Saudi Arabia: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 53 South Africa: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 54 South Africa: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 55 Rest of Middle East & Africa: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 56 Rest of Middle East & Africa: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 57 South America: By Market Size, By Country, 20162023 (USD Million)
Table 58 South America: By Market Size, By Country, 20162023 (Ton)
Table 59 South America: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 60 South America: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 61 Brazil: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 62 Brazil: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 63 Argentina: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 64 Argentina: By Market Size, By End-Use Industry, 20162023 (Ton)
Table 65 Rest of South America: By Market Size, By End-Use Industry, 20162023 (USD Million)
Table 66 Rest of South America: By Market Size, By End-Use Industry, 20162023 (Ton)
List of Figures (36 Figures)
Figure 1 Silicone Film Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Silicone Film Market: Data Triangulation
Figure 5 Electronics to Be the Largest End-Use Industry in the Market
Figure 6 Silicone Release Liners to Be the Largest Type of Silicone Film Between 2018 and 2023
Figure 7 APAC Was the Largest Silicone Film Market in 2017
Figure 8 Increasing Use of Silicone Film in Electronics and Medical Industries to Drive the Market
Figure 9 Electronics to Be the Fastest-Growing End-Use Industry of Silicone Film
Figure 10 Silicone Release Liners to Be the Largest Type in the Market
Figure 11 China Accounted for the Largest Share of the APAC Silicone Film Market in 2017
Figure 12 India to Be the Fastest-Growing Market During the Forecast Period
Figure 13 Overview of the Factors Governing the Silicone Film Market
Figure 14 Silicone Film Market: Porters Five Forces Analysis
Figure 15 Silicone Release Liners to Dominate the Market During the Forecast Period
Figure 16 Electronics to Be the Largest End-Use Industry in the Market During the Forecast Period
Figure 17 India to Register Highest CAGR, in Terms of Value, in the Global Silicone Film Market
Figure 18 North America: Silicone Film Market
Figure 19 Europe: Silicone Film Market Snapshot
Figure 20 APAC: Silicone Film Market Snapshot
Figure 21 Middle East & Africa: Silicone Film Market
Figure 22 South America: Silicone Film Market
Figure 23 Companies Adopted Expansion as the Key Strategy Between 2014 and 2018
Figure 24 Wacker Chemie Accounted for the Largest Market Share in 2017
Figure 25 Wacker Chemie: Company Snapshot
Figure 26 Wacker Chemie: SWOT Analysis
Figure 27 Mitsubishi Chemical Corporation: Company Snapshot
Figure 28 Mitsubishi Chemical Corporation: SWOT Analysis
Figure 29 Elkem: Company Snapshot
Figure 30 Elkem: SWOT Analysis
Figure 31 Dowdupont: Company Snapshot
Figure 32 Dowdupont: SWOT Analysis
Figure 33 Momentive Performance Materials: Company Snapshot
Figure 34 Momentive Performance Materials: SWOT Analysis
Figure 35 Polyplex: Company Snapshot
Figure 36 Sappi Limited: Company Snapshot
The study has involved four major activities in estimating the current market size of silicone film. Exhaustive secondary research was carried out to collect information on the market, the peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers and Bloomberg BusinessWeek, were referred to, to identify and collect information for this study. Secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, silicone organizations, regulatory bodies, and databases were also referred.
Primary Research
The silicone film market comprises several stakeholders, such as raw material suppliers, distributors of silicone film, silicone associations, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market consists of medical industry, electronics industry, packaging industry, and others. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary interviews
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the silicone film market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value and volume, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained abovethe market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the electronics, medical, industrial, packaging, and other industries.
Objectives of the Study:
- To define, describe, and forecast the silicone film market in terms of value and volume
- To provide detailed information about the key factors (drivers, restraints, challenges, and opportunities) influencing the growth of the market
- To analyze and forecast the market by type and end-use industry
- To forecast the size of the market with respect to five regions, namely, North America, Europe, APAC, Middle East & Africa, and South America along with their key countries
- To strategically analyze micromarkets1 with respect to individual growth trends, growth prospects, and contribution to the total market
- To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
- To analyze competitive developments, such as new product launch, expansion, and merger & acquisition in the market
- To strategically profile key players and comprehensively analyze their market shares and core competencies2
Notes: Micromarkets are the subsegments of the silicone film market included in the report.
Core competencies of companies are determined in terms of the key developments, SWOT analysis, and key strategies adopted by them to sustain in the market.
Available Customizations
MarketsandMarkets offers customizations according to the specific needs of the companies along with the market data. The following customization options are available for this report:
Product Analysis
- A product matrix that provides a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the Rest of APAC and Rest of Europe silicone film market
Company Information
- Detailed analysis and profiles of additional market players.
Growth opportunities and latent adjacency in Silicone Film Market