Silicone Resins - Global Strategic Business Report

Global Silicone Resins Market to Reach $8.9 Billion by 2030

The global market for Silicone Resins estimated at US$4.6 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030. Methyl Silicone Resins, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Methyl Phenyl Silicone Resins segment is readjusted to a revised 8.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 13.6% CAGR

The Silicone Resins market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 13.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.

Select Competitors (Total 43 Featured) -

• Adhis S.A.S
• Bluestar Silicones
• BRB International BV
• Evonik Tego Chemie
• Kaneka Corporations
• Momentive performance materials holdings Inc.
• Shin-etsu Chemical Co. Ltd.
• Siltech Corportion
• The Dow Chemical Company
• Wacker Chemie AG;

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
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• Complimentary updates for one year