The global silicone resins market size is estimated to grow from USD 4.8 billion in 2021 to USD 6.3 billion by 2026, at a CAGR of 5.5% during the forecast period. The driving factors for the silicone resins market is growing demand from industrial, automotive & transportation and building & construction is boosting the demand for silicone resins industries. Increasing demand from APAC will further drive the growth of the global silicone resins market.
Get PDF Brochure for Research Insights at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95422194
Silicone resins manufacturers are the most important players in the value chain as they produce and provide various product types of silicone resins based on their required properties for specific end-use applications. The end-user applications such as automotive & transportation, building & construction, electrical & electronics, healthcare, industrial, and others. This provides additional value to the chain.
Paints & coatings system is the largest market of silicone resins with a 40.4% share, globally. Silicone resin products are used in the exterior and interior parts of construction, in chemical and other manufacturing plants, automotive paints and parts, and display and equipment of electrical and electronic units.
Share Your Requirements & Get Customized Reports at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=95422194
The Dow Chemical Company (US), Evonik Industry AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Kaneka Corporation (Japan) and Wacker Chemie AG (Germany), among others, are the leading silicone resins manufacturers, globally. These companies adopted new product launch, expansion, agreements & contracts and merger & acquisition, as their key growth strategies between 2016 and 2021 to earn a competitive advantage in the silicone resins market.
The Dow Chemical Company is the largest player in the market. The Dow Chemical Company is one of the leading names in chemical market and provides extensive range of products in Silicone resins market for automotive & transportation, building & construction, electronics, industrial and healthcare sector especially. The company has good financial backgrounds and geographical presence with 113 manufacturing sites in 31 countries.
Evonik Industry AG is the second-largest player of the silicone resins market, globally. The company is one of the leading chemical company and manufactures products in the field of Silicone, polymer, life sciences and polySilicone markets for all key global industries. In March 2018, the company opened a new laboratory in the Moscow Technical Center, for adhesives and sealants, in Russia to increase its research and development capacity as well as have more innovations in silicone resins market.
If You Want To Know More About Report Before Buying at https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=95422194
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States