Press release
Silicone Additives Market Analysis, Size, Share and Industry Report 2023-2030
Silicone Additives Market - DataM Intelligence
Silicone, a synthetic material composed of silicon and oxygen atoms, possesses various properties such as waterproofing, excellent heat reduction, and utility as a conditioning and emulsifying agent. Silicone additives, derived from silicone, are commonly employed as coating additives due to their ability to reduce surface tension in liquid coatings. The versatile applications of silicone extend across various industries, including personal and home care, chemical and petroleum production, food, and beverage.
In the realm of coatings, silicone copolymer is prominently used in solvent-based formulations to address issues like cratering reduction, increased slip, anti-blocking, and improved flow. These additives also contribute to mar resistance and prevent problems such as pigment floating, flooding, and silking, ensuring uniform pigment dispersion. Silicone resins play a key role in specialized paints and coatings by enhancing heat resistance and providing water resistance. The silicone additives market is further segmented based on function and application, reflecting the diverse roles they play in various coating formulations.
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Market Dynamics
The increasing demand from the personal care and cosmetic industry is a key driver for the growth of the silicone additives market. The growing awareness of personal care and a rising demand for high-quality cosmetics that incorporate silicone additives are significant factors contributing to market expansion. Silicone additives find wide applications in various personal care products, including creams, lotions, sunblock, hair sprays, styling sprays, and more. The heightened awareness of hygiene, especially among teenagers, has led to an increased demand for products like shampoo, hair foams, gels, toothpaste gels, and similar items.
Moreover, the strong desire of the aging population to maintain a youthful appearance is driving the development of the personal care industry, thereby boosting the silicone additives market. Silicone additives contribute to enhancing the properties of personal care products in terms of appearance, performance, texture, durability, and protection. Consequently, the personal care industry is witnessing a surge in demand for silicone additives alongside the production of personal care products. The advantageous properties of silicone additives make them a valuable component in the personal care industry, fostering market growth.
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Market Segmentation
By Function
Surfactants
Defoamers
Rheology Modifiers
Surfactants
Wetting and Dispersing Agents
Lubricating Agents
Adhesive
Others
By Application
Plastics & Composites
Paints & Coatings
Paper & Pulp
Personal & Home Care
Food & Beverage
Chemical Oil & Gas
Agriculture
Others
Market Key Players
Major players are Dow Corning, Evonik Industries AG, Shin-Etsu Chemical Co., Ltd., Elkem AS, Momentive Performance Materials Inc., KCC Corporation, Wacker Chemie AG, Siltech Corporation, BRB International and BYK Additives.
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DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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