Advertising Driven Press Release Distribution
Advertising Driven Press Release Distribution
According to the new market research report “Silicone Resins Market by Type (Methyl, Methyl Phenyl), Application, End-Use Industry (Automotive & Transportation, Building & Construction, Electrical & Electronics, Healthcare, Industrial) and Region – Global Forecast to 2026″, size is expected 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 increased involvement of silicone resins in the industrial segment, and the building & construction, automotive & transportation, and electronic industries in emerging economies. This driving factor is boosting the demand for silicone resins industries.
Don’t miss out on business opportunities in Silicone Resins Market
Speak to our analyst and gain crucial industry insights that will help your business grow:
Paints & Coatings is the fastest-growing application segment in the Silicone resins market. Rising demand from Industiral, Automotive & transportation, building & construction, among other end-use industries will drive the demand for silicone resins in the paints & coatings application. It accounted for a share of about 40.4% of the silicone resins market, in terms of value, in 2020.
APAC accounted for the largest share of the silicone resins market in 2020. The market in the region is growing because of growing demand from industrial, automobile and construction industry. The market is also driven by foreign investments, supported by cheap labor and economical and accessible raw materials.
Browse and in-depth TOC on “Silicone Resins Market – Global Forecast to 2026”
215 – Tables
43 – Figures
220 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/silicone-resin-market-95422194.html
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. Thedriving factors for the silicone resins market is growing demand from industiral, 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.
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.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95422194
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.
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
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 painpoints 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 MicroQuadrants (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.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/silicone-resin-market.asp
Thermal Imaging Market will Reach $4.7 billion by 2026
Industrial Control Transformer Market to Reach $1039.8 Million by 2023
Social Media Analytics Market projected to reach $9.3 billion by 2026, with a remarkable CAGR of 24.0%
Neuromorphic Computing Market worth $550,593 thousand by 2026
What is the Future Scope of the Food & Beverage Metal Cans Market amidst COVID-19