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Asia-Pacific Polysiloxane Market 2023 Driving Factors Forecast Research 2029

09-18-2023 08:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific Polysiloxane Market 2023 Driving Factors

The Asia-Pacific polysiloxane market is anticipated to showcase a considerable growth rate of 4.8% during the forecast period. The growing utility of polysiloxane in healthcare, transportation, electronics, and food & beverages among other industries owing to its offered benefits such as heat resistance, dielectric properties, and weatherability is a key factor contributing towards the growth of the polysiloxane market across the Asia-Pacific region. However, the cost of the material is a major factor that may restrain the growth of the polysiloxane market in the region. The increasing construction activities and growing automobile industry are the key promoters of the polysiloxane market in the region. 

The Asia-Pacific polysiloxane market is segmented based on the application and end-user industry. Based on application, the market is segmented into medical, paints & coatings, adhesives and sealants, elastomers, organic electronic materials, fabrics, and others. Based on the end-user industry, the polysiloxane market is segmented into healthcare, oil & gas, power, infrastructure, transportation, electronics, food & beverage, textile, and others. The food & beverage industry of the region is anticipated to grow significantly due to the growing demand for food with the increasing population. According to India Brand Equity Foundation, the retail food sector in India is likely to grow from around $70 billion in 2008 to $150 billion by 2025. The ability of polysiloxane to repel water and form watertight seals is a key characteristic of polysiloxane which makes it suitable for use in food & beverage packaging applications. 

To Request a Sample of our Report on Asia-Pacific Polysiloxane Market:  https://www.omrglobal.com/request-sample/asia-pacific-polysiloxane-market

Asia-Pacific Polysiloxane Market Segmentation

By Application

Medical
Paints & Coatings
Adhesives and Sealants
Elastomers
Organic Electronic Materials
Fabrics
Others

By End-User Industry

Healthcare
Oil & Gas
Power
Infrastructure
Transportation
Electronics
Food & Beverage
Textile
Other 

A full Report of Asia-Pacific Polysiloxane Market is Available @  https://www.omrglobal.com/industry-reports/asia-pacific-polysiloxane-market

Regional Analysis

China
India
Japan

Rest of Asia-Pacific

Company Profiles

3M Co. 
Akzo Nobel N.V.
ALTANA
Elkay Chemicals Pvt. Ltd.
Elkem ASA
Evonik Industries AG
Huntsman International, LLC 
Merck KGaA
Mitsubishi Chemical Corp.
Shin-Etsu Chemical Co., Ltd.
The Dow Chemical Company
Wacker Chemie AG

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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