Silicones are synthetic compound with polymer chain of alternatively connected atoms of silicon and oxygen. Due to the similar inorganic structure as silicate minerals like quartz, glass, and sand; silicone often has high-temperature properties same as silicate minerals. Silicone additives have features such as excellent heat resistance, hardness, and weather ability, and others. Silicones additives are also used as defoamers, foam stabilizers, and free-flowing agents due to their low surface tension properties. Silicone additives are also used as a leveling agent in paints and coatings which avoid uneven dyeing of substrates. Apart from this, functions such as dispersion agent, rheology modifiers, lubricating agent, etc. are being performed by these silicone additives. Applications such as paints and coatings, paper & pulp, personal & home care, food & beverage, chemical, oil & gas, etc. have different usage of silicone additives.
MARKET DYNAMICS
Rising demand for silicone additives from paints and coatings industry will drive the growth of silicone additives market. Growing consumer awareness towards personal care and extensive usage of silicone additives in these personal care products will further boost the demand for silicone additives market. Predominantly, increasing prices of raw materials may hamper the growth of silicone additives market. However, growing demand for silicone additives for construction and textile applications will create an opportunity for the silicone additives market.
MARKET SCOPE
The "Silicone Additives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the silicone additives market with detailed market segmentation by function, application, and region. The silicone additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading silicone additives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The silicone additives market is segmented on the basis of function, application. On the basis of function, the silicone additives market is segmented into, defoamers, rheology modifiers, surfactants, wetting and dispersing agents, lubricating agent, leveling agen, others. On the basis of application, the silicone additives market is segmented into plastics & composites, paints & coatings, paper & pulp, personal & home care, food & beverage, chemical and oil & gas, agriculture, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the silicone additives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The silicone additives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the silicone additives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the silicone additives market in these regions.
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MARKET PLAYERSThe reports cover key developments in the silicone additives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from silicone additives market are anticipated to lucrative growth opportunities in the future with the rising demand for silicone additives in the global market. Below mentioned is the list of few companies engaged in the silicone additives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicone additives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-BRB International
-BYK Additives
-Dow Corning
-Elkem
-Evonik
-KCC Corporation
-Momentive Performance Materials
-Shin-Etsu
-Siltech
-Wacker Chemie
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