Silicone Additives Market Overview and Product Scope over 2019 - 2025

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Silicone Additives Market Global Industry
Forecast Analysis over 2019 - 2025
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• 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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• 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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• Regional Analysis

• 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.

• Competitive Analysis

• 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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