Silicone Resins Market Report 2026

The silicone resins market size has grown strongly in recent years. It will grow from $4.39 billion in 2025 to $4.7 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to expansion of industrial coating applications, rising demand for high-temperature resistant materials, growth of electrical and electronics manufacturing, increasing use of silicone resins in construction coatings, availability of advanced resin synthesis techniques.

The silicone resins market size is expected to see strong growth in the next few years. It will grow to $6.06 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing investments in sustainable coating technologies, rising adoption of silicone resins in electric vehicles, expansion of infrastructure development projects, growing demand for durable industrial coatings, increasing focus on low-voc resin formulations. Major trends in the forecast period include increasing adoption of heat-resistant coatings, rising demand for high-performance silicone-based binders, growing use in electrical insulation applications, expansion of mixed resin formulations, enhanced focus on corrosion-resistant coating systems.

An increase in construction-related projects is expected to drive the growth of the silicone resins market. Rapid industrialization and urbanization have led to a rise in construction activities, increasing the demand for construction materials such as silicone resins. In architecture and construction, silicone resins are essential for structural connections, expansion, building joints, and movement applications. For example, in July 2024, the US Census Bureau, a US-based government agency, reported that the value of construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the rise in construction activities is fueling the silicone resins market.

Prominent players in the silicone resins market are actively innovating by introducing new blends designed to address various skin conditions. In April 2023, DuPont de Nemours, Inc., a leading US-based chemical company, unveiled Liveo TE-9320 and TE-9330 Silicone Elastomer Blends. These blends offer non-occlusive rheology modification and deliver a smooth, silky skin feel. DuPont also introduced Liveo TE-9720 Resin Blend, known for its film-forming behavior that provides long-lasting protection. Specifically engineered to assist formulators in meeting the Substance of Very High Concern (SVHC) threshold proposed by the REACH regulation, these low-cyclosiloxane silicone elastomer blends exhibit unique sensory properties. They find applicability in various topical drug delivery formulations, including those designed for atopic dermatitis, psoriasis, scar and pain management, as well as acne applications. Moreover, the film-forming characteristics of these silicone resin blends contribute to their use in applications such as wound care, UV protection, and acne therapy.

In August 2024, Trelleborg AB, a Swedish engineering group specializing in polymer technology, acquired Baron Group Limited for an undisclosed amount. This acquisition is intended to bolster Trelleborg AB's market position, enhance its product offerings, and expand its technological capabilities. Baron Group Limited is a company based in Australia and China that manufactures silicone components.

Major companies operating in the silicone resins market are Dow Inc., Wacker Chemie AG, Momentive Performance Materials, Shin-Etsu Chemical Co. Ltd., Elkem ASA, Evonik Industries AG, KCC Corporation, Tokuyama Corporation, PCC Group, Hoshine Silicon Industry Co., Ltd., Dongyue Group, Zhejiang Xinan Chemical Industrial Group Co., Ltd., Jiangxi Xinghuo Organic Silicon Plant, Zhonghao Chenguang Research Institute of Chemical Industry, Supreme Silicones India Pvt. Ltd., ACC Silicones Ltd., Siltech Corporation, Bluestar Silicones International, Genesee Polymers Corporation, Jiangsu Hongda New Material Co., Ltd., Hubei BlueSky New Material Inc., CHT Group.

Asia-Pacific was the largest region in the silicon resins market in 2025. North America was the second largest region in the silicon resins market. The regions covered in the silicone resins market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the silicone resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The silicon resins market consists of sales of pure silicon resins and modified silicon resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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