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Silicone Additives Market Report Says Current Industry Capacity, Production, Revenue, Price, Cost, Gross Margin Analysis to 2022
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The silicone additives market is estimated to be US$ 1.20 billion in 2017 and is expected to reach US$ 1.70 billion by 2022, at a CAGR of 7.2% between 2017 and 2022. Silicone additives improve plastic processing by increasing heat stability, melting point, and lubrication, which, in turn, enable plastic manufacturers to achieve high output rates, increased efficiency, and qualitative end products.The demand for silicone additives is growing in emerging economies, such as India, China, and Brazil.
Top Key Players in the “Silicone Additives Market” include are
• Dow Corning (US)
• Evonik (Germany)
• Shin-Etsu (Japan)
• Momentive Performance Materials (US)
• Elkem (Norway)
• BYK Additives (Germany)
Access Complete report on Silicone Additives Market spread across 116 pages, profiling 11 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1308640 .
Based on application, the paints & coatings segment is projected to grow at the highest CAGR from 2017 to 2022. Silicone additives are the most widely used type of additive in coatings. These additives help reduce the surface tension of liquid coatings and provide protection to substrates without increasing the cost of the overall formulation.
The silicone additives market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period.This growth can be attributed to the easy availability of raw materials used for manufacturing silicone additives. The expansion of the plastic industry in Asia Pacific countries provides lucrative growth opportunities to manufacturers of silicone additives.The rising demand for high-quality coating products in end-use industries is contributing to the growth of the silicone additives market.
The Study Objectives of this report are:
• To provide detailed information regarding key factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the silicone additives market
• To analyze opportunities in the silicone additives market for stakeholders and provide a competitive landscape for market leaders
• To define, describe, and forecast the silicone additives market on the basis of function, and application
• To analyze and forecast the size of the silicone additives market, in terms of value and volume
• To forecast the size of market segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
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Target Audience:
• Silicone Suppliers
• Silicone Additives Manufacturers
• Silicone Additives Traders, Distributors, and Suppliers
• Industry Associations
• Raw Material Suppliers
• Government and Research Organizations
List of Tables
• Silicone Additives Market Size, By Function, 2015–2022 (USD Million)
• Silicone Additives Market Size, By Function, 2015–2022 (Kiloton)
• Defoamer Segment is Expected to Dominate the Silicone Additives Market During Forecast Period
• Silicone Additives Market Size, By Application, 2015–2022 (USD Million)
• Silicone Additives Market Size, By Application, 2015–2022 (Kiloton)
• Silicone Additives Market Size, By Region, 2015–2022 (USD Million)
• ….and more
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