Silicone Coatings Market - Leading Market Definitions, Research, Trends & Challenges By 2016 - 2024

Silicones are polymers made up of repeating units of siloxane. Silicones have been widely used in the coatings industry for the latter’s protection and preservation. Two types of silicone products are used in the manufacture of silicone coatings: polymers as additives and resins as the binders. At a fundamental level, silicone polymers are used to ease the application of paints, as their surface properties enhance the latter’s wettability. Silicone resins are employed as binders or co-binders and chemical & physical enhancers for coatings.

Furthermore, the high energies of Si-C and Si-O bonds reduce or sometimes eliminate the aging of paints & coatings. And since these Si-C and Si-O bonds are not present in the natural organic world, their biocompatibility and resistance to degradation via biochemical and biophysical processes are significantly reduced. Moreover, silicone-based coatings provide physical scratch as well as chemical resistance, making them ideal for automotive and construction applications. Owing to their exceptional properties, industrial paints manufacturers use silicones to improve adherence, waterproofing, and resistance to extreme conditions.

GET FREE PDF BROCHURE FOR MORE PROFESSIONAL AND TECHNICAL INDUSTRY INSIGHTS:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18626

The silicones coatings market can be divided on the basis of formulation into three major segments: solvent-based, water-based, and powder coatings. Silicone coatings are available for a wide range of coating applications including primers, heat-resistant coatings, industrial maintenance coatings, hygienic coatings, marine coatings, biocidal coatings, anti-fouling coatings, abrasion-resistant coatings, automotive clear coats, and architectural coatings. In terms of application, the silicone market is segmented into the following categories: construction, automotive & transportation, consumer goods, industrial paper & film release, aerospace & marine, and others. The consumer goods segment is expected to dominate the market during the forecast period. It involves the usage of silicone coatings in airbags and technical textiles & leather goods as well as to provide an aesthetic quality to products.

Rising demand for silicone coatings is majorly driven by the burgeoning construction industry, along with the continuous need for high-performance paints & coatings from the automotive industry. Their superior properties including thermal stability, low chemical reactivity, low thermal conductivity, and low toxicity which induce strength, durability, and stability in the end-product are anticipated to propel the silicone coatings market during the forecast period. However, the high production costs of silicone coatings are likely to slightly hamper the market during the forecast period.

By geography, the global silicone coatings market has been distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. On account of rapid developments in the construction and automotive industries in China, India, and Japan, the silicone coatings market is estimated to expand during the forecast period. Thus, Asia Pacific is predicted to lead the market during the forecast period. North America and Europe are also fairly attractive markets. The market in Latin America & MEA are estimated to expand significantly during the forecast period owing to the developments in the end-use industries in these regions.

The silicone coatings market is a consolidated one; however, it comprises several manufacturers. Key players include Dow Corning Corporation, Momentive Performance Materials Inc., BASF SE, and Wacker Chemie AG.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us:-

Transparency Market Research

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

This release was published on openPR.