Pune, India, April 3, 2018 /press release/- Market Research Future Published a Half Cooked Research Report on Global Silicone Additives Market Research Report.
Market Overview
Silicone additives market are used in various industries such as plastic & composites, paints & coating and textile industries due to their superior properties such as low surface tension, chemical inertness, and enhanced softness. It is majorly used in plastics & composites industry owing to chemical resistance, mold release, and wear resistance. Increasing demand from the automotive, aerospace & defense and marine industries is driving the market growth due to growing use of lightweight components to impart efficiency. Growing use in the furniture and packaging industry is likely to fuel the product demand. Silicone additives usage is increasing in paints & coatings industry due to various properties such as leveling and dispersing properties. Since they offer high-temperature resistance, ultraviolet resistance, durability, and adhesion, construction, and architectural industry is the major end user of the products. These additives perform various functions such as anti-foaming, rheology modifiers, leveling, and lubricating agents. Due to its anti-foaming property, it is preferred in various industries including paints & coatings, food & beverages, and paper industry. Silicone additives are being increasingly used in the automotive industry as lubricant agents for polishing and dressing.
Market Segmentation
The global silicone additives market is segmented into a function, applications, and region.
On the basis of the function, the market is sub-segmented into defoamers, rheology modifiers, wetting & dispersing agent, a lubricating agent, and others.
Based on the end-use industry, the global silicone additives market is segmented into plastic & composites, paints & coatings, construction, food & beverages, paper &pulp, personal & home care, chemical and oil & gas, agriculture, and others.
Geographically, the market is divided into five key regions namely, Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Regional Analysis
The Asia Pacific region is dominating the global silicone additives market on account of growing industrial base in the developing economies such as India, China, Thailand, and South Korea. Furthermore, the automobile industry is witness a rapid growth due to rising vehicle sale by the middle-income group people in India and China. Increasing use in the textile industry coupled with the prevalence of good demographic and supportive government policies is fuelling the product demand.
North American and European regions are witnessing a significant growth in the global silicone additives market. Increasing use in automotive, defense, and aerospace industry due to its lightweight.is propelling the market growth in this region. Furthermore, regulations laid down for environment protection from hazardous substances is stimulating the demand for fuel-efficient products.
Competitive Analysis
Some of the prominent players in the global silicone additives market are DowDuPont (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemical Co., Ltd (Japan), Elkem (Norway), Momentive (U.S.), KCC Corporation (South Korea), Wacker Chemie AG (Germany), BYK additives (Germany), Siltech Corporation (Canada), and BRB International (the Netherlands).
Read More About This Report: Silicone additives market share
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Companies Covered | 15 |
| Pages | 100 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
