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Silicone additives are a very widely used type of additive in coatings. Their main feature is the reduction of the surface tension of the liquid coating. Due to this very specific property they are successfully used to overcome surface defects like cratering, poor wetting and others.The silicone additives market in the Asia Pacific region is projected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to the easy availability of raw materials used for manufacturing silicone additives. The Asia Pacific region provides expansion opportunities to silicone additive manufacturers, owing to low-cost manufacturing in China, South Korea, and India. Limited regulations related to the use and manufacturing of silicone additives in the Asia Pacific are further influencing the growth of the silicone additives market in this region.
Global Silicone Additives market size will increase to 1740 Million US$ by 2025, from 960 Million US$ in 2018, at a CAGR of 7.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Silicone Additives.
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The objectives of this report are to focus on the key Silicone Additives companies and study the capacity, production, value, market share and development plans for next few years. This report also analyses global and regions market potential, advantage, opportunities, challenge, restraints and risks. It helps to identify current trends and factors driving or inhibiting the market growth and to find high growth opportunities in the market for stakeholders. Later this report also talks about the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Various companies like Dow Corning , Evonik, Shin-Etsu, Momentive Performance Materials, Elkem, Kcc Corporation, Wacker Chemie, Byk Additives, Siltech, Brb International and more are profiled in this report in the terms of capacity, production, value, price, market share, etc. Market has been segmented on the basis of product types and provides the information related to growth rate for each product type, revenue, price, production, revenue forecasts, etc. It has been also segmented by applications which includes growth rate for each application, regional consumption analysis, consumption forecasts, etc.
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Silicone Additives Production Breakdown Data by Region
• United States
• Europe
• China
• Japan
• Other Regions
Silicone Additives Consumption Breakdown Data by Region
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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Release ID: 471943
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