Title: Silicone Additives Market Overview and Product Scope over 2019 - 2025
1Silicone Additives Market Global Industry
Forecast Analysis over 2019 - 2025
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2- Silicone Additives Market Scenario
- Silicone additives market may show strong gains
owing to its extensive application in processing
plastic materials processing. The product
addition enhances productivity by increasing
throughput and reducing energy costs along with
reinforcing mechanical properties by
incorporating improve filling properties of the
mold and increasing polymer cross linking. - The product is used in cosmetic industry in order
to increase shelf life of eyeshadows, blushes,
lipsticks, foundation, and liquid and pencil
eyeliners, thereby driving silicone additives
market size. It also finds application in
haircare product including shampoos and
conditioners owing to its significant
contribution in repairing signs of damage, return
water resistance to damaged areas, fill in
cracks, crevices in hairs surfaces and prevent
new damage from occurring. Hair care market size
is poised to surpass USD 115 billion by 2024
which is anticipated to drive market size.
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3Continue-
- Paint coating industry is anticipated to drive
silicone additives market in the projected
timeline owing to its feature of enhancing
optical properties and protecting paint quality.
The product also used in substrate wetting,
surface slip, optimal flow, adhesion and
defoaming along with prevention of forming
craters. Growing application of paint and coating
in protective, aerospace, construction,
transportation, automotive, marine, packaging,
wood coatings, rail coatings, and general
industries would drive the paint and coatings
market. Paints and coatings market size is
projected to surpass USD 200 billion by 2025,
thus driving market. - High raw material cost, complex manufacturing
process and technical difficulties pertaining to
migration arising from high temperatures could
hamper market growth, thereby affecting industry
profitability.
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4- Asia Pacific led by Japan, India and China
silicone additives market is set to experience
significant growth owing to growing paints and
coatings industry. Rising construction activities
in the region will drive paint and coatings
demand for interior and exterior application. - Europe led by Spain, UK, France and Germany
market is anticipated to grow owing to its
application in personal care sector. Application
in hair care products is anticipated to drive
industry demand by 2025.
- Global silicone additives market is slightly
consolidated. Major players in the industry
includes Dow Corning, Siltech, Momentive
Performance Materials, Shin-Etsu, lkem, KCC
Corporation, BYK Additives, Wacker Chemie, BRB
International and Evonik. Manufacturer are
focusing on new product launches through research
and development in order to strengthen their
market reach.
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