FEATURED COMPANIES
- BYK Additives
- Dow Corning
- Elkem
- Evonik Industries AG
- Shin-Etsu
- Siltech
Increasing consumption of silicone additives in various end-use industries including paper, paints & coatings, adhesives & sealants, petroleum, personal care products, home care products, etc. is a key factor driving market revenue growth.
Market Size - USD 1,527.1 Million in 2020, Market Growth - CAGR of 6.5%, Market Trends - Increasing focus on R&D of advanced and innovative products to strengthen product portfolio, and expand customer base.
The global silicone additives market size is expected to reach USD 2,539.9 Million in 2028, and register a CAGR of 6.5% during the forecast period. Market growth can be attributable to growing demand for silicone additives from industries such as paints & coatings, adhesives, and plastic composites.
Silicone additives offer resistance to water, and curb degradation of the product or surface caused due to UV-rays, among other characteristics. These properties, coupled with availability of product in various forms such as liquid or solid rubbers, resins, crystals, etc., make these additives ideal for using as one of the raw material in adhesives, paints & coatings, and plastic composites, among others.
Silicone-based additives could possibly affect humans as well as environment including genotoxicity, teratogenicity, carcinogenicity, modifications of protein conformation, degradation of immune system, skin rashes and irritation, and intraocular pressure increase. These factors could hamper market growth to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global silicone additives market has been segmented on the basis of the function, performance, end-use, and region:
Function Outlook
Performance Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 1,527.1 Million in 2020, Market Growth - CAGR of 6.5%, Market Trends - Increasing focus on R&D of advanced and innovative products to strengthen product portfolio, and expand customer base.
The global silicone additives market size is expected to reach USD 2,539.9 Million in 2028, and register a CAGR of 6.5% during the forecast period. Market growth can be attributable to growing demand for silicone additives from industries such as paints & coatings, adhesives, and plastic composites.
Silicone additives offer resistance to water, and curb degradation of the product or surface caused due to UV-rays, among other characteristics. These properties, coupled with availability of product in various forms such as liquid or solid rubbers, resins, crystals, etc., make these additives ideal for using as one of the raw material in adhesives, paints & coatings, and plastic composites, among others.
Silicone-based additives could possibly affect humans as well as environment including genotoxicity, teratogenicity, carcinogenicity, modifications of protein conformation, degradation of immune system, skin rashes and irritation, and intraocular pressure increase. These factors could hamper market growth to some extent.
Some Key Findings From the Report:
- Among the end-use segments, the plastic composite segment is expected to register a robust revenue CAGR over the forecast period.
- Among the fu nction segments, the dissolving additive segment accounted for considerably high revenue share in 2020.
- Among the performance segments, the neutral cure segment accounted for the largest revenue share in 2020.
- The North America silicone additives market accounted for major revenue share in 2020. The Asia Pacific silicone additives market accounted for second-largest revenue share in 2020, and is expected to register a robust revenue CAGR during the forecast period, due to increasing consumption from rapidly-growing end-use industries, and growing demand for the product for application in home-care and personal-care products.
- Companies profiled in the report include Evonik Industries AG, Wacker Chemie AG, Shin-Etsu, Dow Corning, BYK Additives, Siltech, Supreme Silicones, Momentive Performance Materials Inc., Wacker Chemie AG, and Elkem. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global silicone additives market has been segmented on the basis of the function, performance, end-use, and region:
Function Outlook
- Rheology Modifiers
- Dissolving Additives
- Adhesive Additives
- Lubricating Agents
- Water and Abrasion Resistance
- Defoaming Agents
- Others
Performance Outlook
- High Temperature Resistant
- Glazing & Transparent
- Neutral Cure
- Food Safe
- Sanitary & Skin Safe
- Frame Sealant
- Other Specialty
End-Use Outlook
- Plastic Composites
- Paper Industries
- Paints & Coatings
- Foods & Beverages
- Adhesives & Sealants
- Petroleum Industries
- Home & Personal Care
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Silicone Additives Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Silicone Additives Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
FEATURED COMPANIES
- BYK Additives
- Dow Corning
- Elkem
- Evonik Industries AG
- Shin-Etsu
- Siltech
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Silicone Additives Market Segmentation & Impact Analysis
Chapter 5. Silicone Additives Market By Function Insights & Trends
Chapter 6. Silicone Additives Market By Performance Insights & Trends
Chapter 7. Silicone Additives Market By End-Use Insights & Trends
Chapter 8. Silicone Additives Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
- Evonik Industries AG
- Wacker Chemie AG
- Shin-Etsu
- Dow Corning
- BYK Additives
- Siltech
- Supreme Silicones
- Momentive Performance Materials Inc.
- Wacker Chemie AG
- Elkem
