Polysiloxane Market
Global Polysiloxane Market Size, Share & Trends Analysis Report by Application (Medical, Paints & Coatings, Adhesives, and Sealants, Elastomers, Organic Electronic Materials, Fabrics, Others) by End-User Industry (Healthcare, Oil & Gas, Power, Infrastructure, Transportation, Electronics, Food & Beverage, Textile, Others) Forecast Period (2020-2026) Update Available - Forecast 2024-2030
The global polysiloxane market is projected to grow at a considerable CAGR of 4.2% during the forecast period (2020-2026). Polysiloxane is a chemical material that is chemically inert, resistant to water and oxidation, and are perfectly stable at both high and low temperatures. These characteristics of the polysiloxane make them suitable for use in a wide range of commercial applications ranging from lubricating greases to electrical-wire insulation and biomedical implants (such as breast implants or leg implants). Polysiloxanes can be manufactured as fluids, resins, or elastomers, depending on the molecular weight of the polymers and the degree to which the polymer chains are interlinked.
Polysiloxane is highly used in the coating of such structures owing to its capability to provide corrosion protection, high-temperature protection, and fire protection that ensure the durability and aesthetics of the building structures. In addition, the good solubility, excellent heat radiation, fair adhesion to various substrates, film-forming ability, and superior thermal & chemical resistivity of these chemicals makes them suitable for manufacturing of organic light-emitting diodes (OLEDs), electrical memories, and solar cells among others. Technological drawbacks and incompatibility with some other additives are a major restrain for the growth of the global polysiloxane market. However, the ongoing R&D to explore new application sectors for polysiloxane is likely to create growth opportunities for the polysiloxance industry during the forecast period.
Segmental Outlook
The polysiloxane market is segmented based on the application and end-user industry. Based on application, the market is segmented into medical, paints & coatings, adhesives and sealants, elastomers, organic electronic materials, fabrics, and others. Based on the end-user industry, the market is segmented into healthcare, oil & gas, power, infrastructure, transportation, electronics, food & beverage, textile, and others.
Electronics Industry to be considerable segment based on End-User Industry
The electronics industry is anticipated to hold a major market share based on the end-user industry segment. The growing use of polysiloxane in encapsulation applications in the electronics industry due to its nature to perform perfect encapsulation is a key factor contributing to the high share of the market segment. The growing electronics industry across the globe along with the demand for polysiloxanes in the coating of electronic parts to make them shock-resistant is anticipated to drive the growth of the market segment.
Global Polysiloxane Market Share by End-User Industry, 2019 (%)
Regional Outlook
The global polysiloxane market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is anticipated to hold a major market share in the global polysiloxane market during the forecast period. According to the India Brand Equity Foundation, India became the fifth-largest automobile market in 2019, with sales reaching 3.8 million units. India was the seventh-largest manufacturer of commercial vehicles in 2019. The significant presence of end-user industries such as healthcare, oil & gas, power, infrastructure, transportation, electronics, food & beverage, a textile that makes intensive use of polysiloxanes is fuelling the demand for Polysiloxanes in the region, thereby making a huge contribution towards the high share of the market in the region. Moreover, the presence of stringent regulation in the US related to the use of VOC compounds in the region may restrain the growth of the polysiloxane market in the North American region.
Global Polysiloxane Market Growth, by Region 2020-2026
North America will be a considerable market for the Polysiloxane
The growing adoption of polysiloxane by the major end-user industries operating in the region owing to its offered benefits is a key factor contributing to the growth of the polysiloxane market across the globe. The region has a well-established pharmaceutical industry, the growing adoption of polysiloxane in the packaging of pharma products is anticipated to create polysiloxane in the regional market.
Market Players Outlook
The key players in the polysiloxane market include Wacker Chemie AG, 3M Co., Akzo Nobel N.V., Evonik Industries AG, The Dow Chemical Company, Huntsman International LLC, Merck KGaA, and so on. The key players of the market are involved in making innovations in their products offering to suit the industrial application to remain competitive in the marketplace. Moreover, some players are adopting different growth strategies such as mergers & acquisitions, and product launches to thrive in the global market. For instance, in October 2019, Hexion Inc. announced to launch a new high-performance epoxy dispersion, EPI-REZ Resin 7720-W-50, and a hybrid epoxy/polysiloxane resin, EPOSIL Resin 5550, in the Latin American market at the ABRAFATI trade show.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global polysiloxane market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. 3M Co.
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. The Dow Chemical Company
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Wacker Chemie AG
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Evonik Industries AG
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. Akzo Nobel N.V.
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Polysiloxane Market by Application
5.1.1. Medical
5.1.2. Paints & Coatings
5.1.3. Adhesives and Sealants
5.1.4. Elastomers
5.1.5. Organic Electronic Materials
5.1.6. Fabrics
5.1.7. Others
5.2. Global Polysiloxane Market by End-User Industry
5.2.1. Healthcare
5.2.2. Oil & Gas
5.2.3. Power
5.2.4. Infrastructure
5.2.5. Transportation
5.2.6. Electronics
5.2.7. Food & Beverage
5.2.8. Textile
5.2.9. Other
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Akzo Nobel N.V.
7.3. ALTANA
7.4. Biro Technology, Inc.
7.5. Elkay Chemicals Pvt. Ltd.
7.6. Elkem ASA
7.7. Evonik Industries AG
7.8. Gelest, Inc.
7.9. Huntsman International, LLC
7.10. Merck KGaA
7.11. Mitsubishi Chemical Corp.
7.12. Reltek, LLC
7.13. Restek Corp.
7.14. Shin-Etsu Chemical Co., Ltd.
7.15. Silchem, Inc.
7.16. Specialty Silicone Products, Inc.
7.17. Supreme Silicones
7.18. Tempo Aerospace, Inc.
7.19. The Dow Chemical Company
7.20. The Sherwin-Williams Company
7.21. Wacker Chemie AG
1. GLOBAL POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
2. GLOBAL MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL PAINTS & COATINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL ADHESIVES AND SEALANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL ELASTOMERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL ORGANIC ELECTRONIC MATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL FABRICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
10. GLOBAL HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL POWER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL INFRASTRUCTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. GLOBAL FOOD & BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
17. GLOBAL TEXTILE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
18. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
19. NORTH AMERICAN POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
20. NORTH AMERICAN POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
21. NORTH AMERICAN POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
22. EUROPEAN POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
23. EUROPEAN POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
24. EUROPEAN POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
27. ASIA-PACIFIC POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
28. REST OF THE WORLD POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
29. REST OF THE WORLD POLYSILOXANE MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
1. GLOBAL POLYSILOXANEMARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
2. GLOBAL POLYSILOXANEMARKET SHARE BY END-USER INDUSTRY, 2019 VS 2026 (%)
3. GLOBAL POLYSILOXANEMARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
4. THE US POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
5. CANADA POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
6. UK POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
7. FRANCE POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
8. GERMANY POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
9. ITALY POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
10. SPAIN POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
11. ROE POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
12. INDIA POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
14. JAPAN POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
15. REST OF ASIA-PACIFIC POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF THE WORLD POLYSILOXANE MARKET SIZE, 2019-2026 ($ MILLION)
