Global Polysiloxane Market - Segmented by Application, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4542911
  • Report
  • Region: Global
  • 130 pages
  • Mordor Intelligence
until Mar 31st 2019
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  • 3M
  • Asian Paints
  • Evonik Industries
  • Huntsman Corporation
  • Reltek LLC
  • MORE
The global polysiloxane market is expected to register a steady growth rate during the forecasted period of 2018-2023. The market is driven by several factors, such as increasing use of protective and industrial coatings, vast applications in the healthcare industry, and augmenting usage in optoelectronic applications.

Growing Usage of Polysiloxane as Protective and Industrial Coatings Driving the Market

Owing to their unique chemistry and robust chemical structure, which results in superior long-term color retention, glossy effect, resistance against chalking, fading, and corrosion, polysiloxane coatings has been prominent among other coating materials and are increasingly being preferred as viable protective and industrial coating solutions. They are being used in various applications, including industrial, military, recreational, and other infrastructure applications, such as marine vessels, roller coasters, oil platforms, water tanks, bridges, smokestacks, etc. As these industrial applications are expected to continue to grow, the market studied is also poised to grow over the forecast period.

The paints & coatings segment is expected to register the fastest growth through the forecast period.

Organoelectronic Materials to Hold a Significant Position in the Market by 2023

Owing to their good solubility, film-forming ability, fair adhesion to various substrates, excellent heat radiation, non-toxic characteristics, low dielectric constants, and superior thermal and chemical resistivity, polysiloxanes are widely used to manufacture organic light-emitting diodes (OLEDs), solar cells, electrical memories, and liquid crystalline materials, among others. OLED materials are registering an exceptional growth of more than 15% in the market. Such positive growth trends are expected to increase the consumption of polysiloxane in organoelectronic materials, during the forecast period.

Asia-Pacific Projected to Register the Fastest Growth

Asia-Pacific accounted for the largest share of the market studied, mainly driven by countries, such as China, India, Japan, and South Korea. Owing to its large production base of medical devices, adhesives & sealants, elastomers, electronics, etc., China dominated the Asia-Pacific segment. The growth in various end-user industries, continuous investments, and support from the regional governments are expected to drive the Asia-Pacific segment of the market studied, during the forecast period.

Major Players: 3M, AkzoNobel, Evonik Industries, Merck KGaA, The Sherwin-Williams Company, and Wacker Chemie AG, among others.

Reason to Purchase this Report
  • Analyzing various perspectives of the market, with the help of Porter’s five forces analysis.
  • To understand the dominating application and end-user industry in the market.
The countries that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares, and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel).

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Note: Product cover images may vary from those shown
2 of 5


  • 3M
  • Asian Paints
  • Evonik Industries
  • Huntsman Corporation
  • Reltek LLC
  • MORE
1.1 Scope of the Report
1.2 Market Definition
1.3 Study Assumptions
1.4 Study Deliverables
1.5 Research Phases

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Intensity of Competitive Rivalry
3.3 Patent Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Usage as Protective and Industrial Coatings
4.1.2 Vast Applications in the Healthcare Industry
4.1.3 Augmenting Usage in Optoelectronic Applications
4.2 Restraints
4.2.1 Technological Drawbacks and Incompatibility with a Few Other Materials or Additives
4.2.2 Other Restraints
4.3 Opportunities
4.3.1 Continuous R&D of Polysiloxane Technologies for the Development of Newer Applications
4.3.2 Other Opportunities

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Application
5.1.1 Medical
5.1.2 Paints & Coatings Inorganic Polysiloxanes Epoxy-polysiloxane Hybrids Acrylic-polysiloxane Hybrids
5.1.3 Adhesives & Sealants
5.1.4 Elastomers
5.1.5 Organo-electronic Materials
5.1.6 Fabrics
5.1.7 Others
5.2 By End-user Industry
5.2.1 Healthcare
5.2.2 Oil & Gas
5.2.3 Power
5.2.4 Commercial Infrastructure
5.2.5 Transportation
5.2.6 Electronics
5.2.7 Food & Beverage
5.2.8 Textile
5.2.9 Others

6. Regional Analysis (Market Size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 France
6.3.4 Italy
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa

7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 3M
8.2 AkzoNobel
8.3 Asian Paints
8.4 Biro Technology Inc.
8.6 Dampney Company Inc.
8.7 Evonik Industries
8.8 Gelest Inc.
8.9 Huntsman Corporation
8.10 Merck KGaA
8.11 Reltek LLC
8.12 Restek Corporation
8.13 Sherwin-Williams Company
8.14 Wacker Chemie AG

*List not exhaustive

9. Disclaimer
**Subject to Feasibility and Availability on the Public Domain
Note: Product cover images may vary from those shown
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4 of 5
  • 3M
  • AkzoNobel
  • Asian Paints
  • Biro Technology Inc.
  • Dampney Company Inc.
  • Evonik Industries
  • Gelest Inc.
  • Huntsman Corporation
  • Merck KGaA
  • Reltek LLC
  • Restek Corporation
  • Sherwin-Williams Company
  • Wacker Chemie AG
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown