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Modified Silicone Market: Competitive Dynamics & Global Outlook 2023
Modified silicone fluids are silicone fluids with additional functionality beyond the already fine properties of common dimethyl silicone fluid. This is achieved through the introduction of various organic groups. Depending on the organic group, silicone fluids can be given properties of water-solubility, compatibility or reactivity with various organic materials, paintability, and greater lubricity.
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Global Modified Silicone Market: Forecast by Type / Application / Region
Modified silicone fluids are silicone fluids with additional functionality beyond the already fine properties of common dimethyl silicone fluid. It can be divide into reactive silicone fluid and non-reactive silicone fluid according to types. Reactive silicone fluid is the main type and in 2016 it takes about 80% of global sale volume. And according to application, it can be used into coating, performance additive, construction and consumer care. Now performance additive is the main application, which owns 40.23% of all application.
North America and Europe are the main consumption regions, which take 32.58% and 28.00% in 2016, respectively. Although the share in China is relatively small compared to North America and Europe, the demand in China will be huge in the furture for there is largest population country in the world.
The market concentrate is very huge. The main manufacturers in the world are Dow Corning, WACKER, Momentive, Shin Etsu, Bluestar Silicones, BRB International BV, Evonik, BASF and Siltech. The top 3 take 63.69% of global sale volume in 2016.
Over the next five years, LPI(LP Information) projects that Modified Silicone will register a 4.5% CAGR in terms of revenue, reach US$ 690 million by 2023, from US$ 550 million in 2017.
Global Modified Silicone Market: Key Players
Dow Corning
WACKER
Momentive
Shin Etsu
Bluestar Silicones
BRB International BV
Evonik
BASF
Siltech
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Related Information:
United States Modified Silicone Market Research Report 2018
Europe Modified Silicone Market Research Report 2018
North America Modified Silicone Market Research Report 2018
Asia-Pacific Modified Silicone Market Research Report 2018
China Modified Silicone Market Research Report 2018
EMEA Modified Silicone Market Research Report 2018
Global Modified Silicone Market Research Report 2018
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