Silicone Additives Industry Analysis, Size, Share, Updated Top Manufacturers, Regional Study by Forecast to 2025


Posted November 19, 2019 by ankitabelsare

The factors attributed to the silicone additives market growth are significant growth of personal & homecare in developing countries, increasing automotive production and sales, and expanding construction sector
 
Industry/ Innovation/ Related News:

November 2017- DowDupont, a leading manufacturer of specialty chemicals launched silicon additive named as Dow Corning 904H coating additive for architectural façade coatings which offers improved aesthetics for building exteriors. This product also enhance water resistance, repellency, and beading in coatings by rising their surface hydrophobicity. This product launch enhanced company’s status among the silicon additives providers.

Get Free Sample Now@ https://www.marketresearchfuture.com/sample_request/5800

September 2017- Shin-Etsu Chemical Co., Ltd., announced to expand their manufacturing capacity of their Akron, Ohio plant which is already involved in the production and sales of silicones. The construction work is estimated to be complete by the end of 2019. With this expansion, the company will strengthen their position among the silicone additives manufacturer.

November 2017- Spherix Mineral Products signed an agreement with ChemSpec to distribute Dispersix brand of HCR silicone processing additives. This distribution agreement will help company to strengthen their presence in Mexico and U.S.

Market Overview:

Silicone Additives are widely used in some of the end use application such as food & beverage, personal & homecare, paints & coatings, construction, plastic & composites, paper & pulp, and others. The silicone additives market is estimated to witness significant growth due to their unique properties along with excellent usage in numerous end use industries specifically in cosmetics & personal care, construction, and automotive.

Global Key Player:

KCC Corporation
Wacker Chemie AG
BYK Additives
Siltech Corporation
BRB International
DowDuPont, Evonik Industries AG
Shin-Etsu Chemical Co., Ltd
Elkem, and Momentive

Among the application segment, in 2016, plastic & composites holds for the largest application segment and is projected to retain their dominance due to continuous growth of paints & coatings, and food & beverage industry in emerging economies. The factors attributed to the silicone additives market growth are significant growth of personal & homecare in developing countries, increasing automotive production and sales, and expanding construction sector. Moreover, expanding population coupled with burgeoning demand for good quality cosmetics has raised the consumption of silicone additives based personal care products which is likely to propel the growth of the market over the assessment period.

Competitive Landscape

The Silicone Additives report has examined the level of competition amid the major manufacturers in Silicone Additives as well as industry growth and market scenario. The global silicone additives market composed of wide range of producers operating in the market which involves medium level and large scale suppliers. Some of the key operating producers of silicone additives which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as moderate level and high level suppliers belongs to this province specifically from the Philippines, Malaysia, Taiwan, Japan, Australia, China, South Korea, India, and Thailand. Moreover, the key manufacturers of silicone additives are observed to follow various strategic plans to enhance their product portfolio such as product launches, strategic acquisition, distribution agreements, joint ventures, and mergers, and exclusive agreements. Some of the key producers in this market are estimated to improve their production capacity of silicone additives to meet the rising demand for silicone additives across the globe.

Regional Analysis:

Geographically, Asia Pacific is estimated to hold the largest silicone additives market share in 2016 which is followed by North America and further trailed by Europe. North American silicone additives market is anticipated to exhibit moderate growth during the review period due to growing awareness regarding the benefits associated with product along with raised consumption in end use application in this region. Asia Pacific is estimated to witness tremendous growth over the assessment period in silicone additives market due to increasing application of silicone additives in numerous end use application segment. In Asia Pacific, the demand for silicone additives is estimated to improve in numerous countries such as Japan, South Korea, Indonesia, the Philippines, Taiwan, India, and China owing to rising population along with shifting of production units for most of the key operating players in this region. In Europe, silicone additives market is predicted to register above average growth owing to shifting consumer preference towards the silicone additives along with high adoption rate in automotive, plastic & composites, and paper & pulp specifically in France, Italy, Belgium, Germany, Poland, Spain, UK, and Russia.

Access Complete Research Report Here@ https://www.marketresearchfuture.com/reports/silicone-additives-market-5800

About Market Research Future:


At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

Contact:


Market Research Future

Maharashtra, India

+1 646 845 9312

Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Ankita
Phone 09607196888
Business Address Office No. 528, Amanora Chambers
Pune - 411028
Country India
Categories Biotech , Business , Construction
Tags silicone additives , silicone additives industry , silicone additives market , silicone additives market growth , silicone additives market opportunities , silicone additives market share , silicone additives market size , silicone additives market trends
Last Updated November 19, 2019