| Product Code: ETC7207573 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Finland`s silicone elastomers import market continued to show strong growth with a Compound Annual Growth Rate (CAGR) of 7.08% from 2020 to 2024. The top exporting countries to Finland in this sector were Germany, Metropolitan France, USA, Belgium, and the UK. Despite the presence of multiple exporters, the market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The growth rate from 2023 to 2024 stood at 4.54%, reflecting sustained momentum in the industry.
![]()
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Silicone Elastomers Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Silicone Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Silicone Elastomers Market - Industry Life Cycle |
3.4 Finland Silicone Elastomers Market - Porter's Five Forces |
3.5 Finland Silicone Elastomers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Finland Silicone Elastomers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Finland Silicone Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for silicone elastomers in the healthcare industry due to their biocompatibility and resistance to bacteria. |
4.2.2 Increasing usage of silicone elastomers in automotive applications for sealing, gasketing, and vibration damping. |
4.2.3 Rising demand for silicone elastomers in electrical and electronics industries for insulation and protection purposes. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of silicone elastomers. |
4.3.2 Stringent regulations related to the use of silicone elastomers in certain applications, affecting market growth. |
4.3.3 Competition from alternative materials like polyurethane and rubber limiting the market expansion. |
5 Finland Silicone Elastomers Market Trends |
6 Finland Silicone Elastomers Market, By Types |
6.1 Finland Silicone Elastomers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Finland Silicone Elastomers Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Finland Silicone Elastomers Market Revenues & Volume, By High Temperature Vulcanize (HTV), 2021- 2031F |
6.1.4 Finland Silicone Elastomers Market Revenues & Volume, By Room Temperature Vulcanize (RTV), 2021- 2031F |
6.1.5 Finland Silicone Elastomers Market Revenues & Volume, By Liquid Silicone Rubber (LSR), 2021- 2031F |
6.2 Finland Silicone Elastomers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Finland Silicone Elastomers Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.3 Finland Silicone Elastomers Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Finland Silicone Elastomers Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.2.5 Finland Silicone Elastomers Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.6 Finland Silicone Elastomers Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.7 Finland Silicone Elastomers Market Revenues & Volume, By Others, 2021- 2031F |
7 Finland Silicone Elastomers Market Import-Export Trade Statistics |
7.1 Finland Silicone Elastomers Market Export to Major Countries |
7.2 Finland Silicone Elastomers Market Imports from Major Countries |
8 Finland Silicone Elastomers Market Key Performance Indicators |
8.1 Research and development investment in new silicone elastomer formulations. |
8.2 Number of new product launches or applications utilizing silicone elastomers. |
8.3 Adoption rate of silicone elastomers in emerging industries like 3D printing and renewable energy. |
9 Finland Silicone Elastomers Market - Opportunity Assessment |
9.1 Finland Silicone Elastomers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Finland Silicone Elastomers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Finland Silicone Elastomers Market - Competitive Landscape |
10.1 Finland Silicone Elastomers Market Revenue Share, By Companies, 2024 |
10.2 Finland Silicone Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here