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Silicone Coating Trends and Forecast
The future of the global silicone coating market looks promising with opportunities in the construction, automotive & transportation, consumer good, industrial, paper & film release, and marine applications. The global silicone coating market is expected to reach an estimated $7.7 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing application of this coating in the consumer goods and expanding construction sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Silicone Coating by Segment
The study includes a forecast for the global silicone coating by composition type, technology, application, and region.
Silicone Coating Market by Composition Type [Shipment Analysis by Value from 2018 to 2030]:
• Silicone Additives
• Silicone Polymers
• 100% Silicone
• Silicone Water Repellents
Silicone Coating Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Solvent-Based
• Solventless
• Water-Based
• Powder-Based
Silicone Coating Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Construction
• Automotive & Transportation
• Consumer Goods
• Industrial
• Paper & Film Release
• Marine
• Others
Silicone Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Silicone Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies silicone coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the silicone coating companies profiled in this report include-
• Wacker Chemie
• Momentive Performance Materials
• Shin-Etsu Chemical
• DOW Corning
• KCC Silicone
• Evonik Industries
• BASF
• Humiseal
• BYK-Chemie
• ACC Silicones
Silicone Coating Market Insights
Lucintel forecasts that 100% silicone will remain the largest segment over the forecast period due to its growing demand from developing nations and growing use in construction applications.
Within this market, consumer good will remain the largest segment due to substantial usage of silicon coating in this sector owing to its various advantages, such as superior weather resistance, stain resistance, and ease of cleaning.
APAC is expected to witness highest growth over the forecast period due to escalating demand for silicon coating from various end use industries, such as consumer goods, automotive, and construction in the region.
Features of the Global Silicone Coating Market
Market Size Estimates: Silicone coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Silicone coating market size by composition type, technology, application, and region in terms of value ($B).
Regional Analysis: Silicone coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different composition types, technologies, applications, and regions for the silicone coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the silicone coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the silicone coating market size?
Answer: The global silicone coating market is expected to reach an estimated $7.7 billion by 2030.
Q2. What is the growth forecast for silicone coating market?
Answer: The global silicone coating market is expected to grow with a CAGR of 4.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the silicone coating market?
Answer: The major drivers for this market are increasing application of this coating in the consumer goods and expanding construction sector.
Q4. What are the major segments for silicone coating market?
Answer: The future of the silicone coating market looks promising with opportunities in the construction, automotive & transportation, consumer good, industrial, paper & film release, and marine applications.
Q5. Who are the key silicone coating market companies?
Answer: Some of the key silicone coating companies are as follows:
• Wacker Chemie
• Momentive Performance Materials
• Shin-Etsu Chemical
• DOW Corning
• KCC Silicone
• Evonik Industries
• BASF
• Humiseal
• BYK-Chemie
• ACC Silicones
Q6. Which silicone coating market segment will be the largest in future?
Answer: Lucintel forecasts that 100% silicone will remain the largest segment over the forecast period due to its growing demand from developing nations and growing use in construction applications.
Q7. In silicone coating market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to escalating demand for silicon coating from various end use industries, such as consumer goods, automotive, and construction in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the silicone coating market by composition type (silicone additives, silicone polymers, 100% silicone, and silicone water repellents), technology (solvent-based, solventless, water-based, and powder-based), application (construction, automotive & transportation, consumer goods, industrial, paper & film release, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Silicone Coating Market, Silicone Coating Market Size, Silicone Coating Market Growth, Silicone Coating Market Analysis, Silicone Coating Market Report, Silicone Coating Market Share, Silicone Coating Market Trends, Silicone Coating Market Forecast, Silicone Coating Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Silicone Coating Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Silicone Coating Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Silicone Coating Market by Composition Type
3.3.1: Silicone Additives
3.3.2: Silicone Polymers
3.3.3: 100% Silicone
3.3.4: Silicone Water Repellents
3.4: Global Silicone Coating Market by Technology
3.4.1: Solvent-Based
3.4.2: Solventless
3.4.3: Water-Based
3.4.4: Powder-Based
3.5: Global Silicone Coating Market by Application
3.5.1: Construction
3.5.2: Automotive & Transportation
3.5.3: Consumer Goods
3.5.4: Industrial
3.5.5: Paper & Film Release
3.5.6: Marine
3.5.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Silicone Coating Market by Region
4.2: North American Silicone Coating Market
4.2.2: North American Silicone Coating Market by Application: Construction, Automotive & Transportation, Consumer Goods, Industrial, Paper & Film Release, Marine, and Others
4.3: European Silicone Coating Market
4.3.1: European Silicone Coating Market by Composition Type: Silicone Additives, Silicone Polymers, 100% Silicone, and Silicone Water Repellents
4.3.2: European Silicone Coating Market by Application: Construction, Automotive & Transportation, Consumer Goods, Industrial, Paper & Film Release, Marine, and Others
4.4: APAC Silicone Coating Market
4.4.1: APAC Silicone Coating Market by Composition Type: Silicone Additives, Silicone Polymers, 100% Silicone, and Silicone Water Repellents
4.4.2: APAC Silicone Coating Market by Application: Construction, Automotive & Transportation, Consumer Goods, Industrial, Paper & Film Release, Marine, and Others
4.5: ROW Silicone Coating Market
4.5.1: ROW Silicone Coating Market by Composition Type: Silicone Additives, Silicone Polymers, 100% Silicone, and Silicone Water Repellents
4.5.2: ROW Silicone Coating Market by Application: Construction, Automotive & Transportation, Consumer Goods, Industrial, Paper & Film Release, Marine, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Silicone Coating Market by Composition Type
6.1.2: Growth Opportunities for the Global Silicone Coating Market by Technology
6.1.3: Growth Opportunities for the Global Silicone Coating Market by Application
6.1.4: Growth Opportunities for the Global Silicone Coating Market by Region
6.2: Emerging Trends in the Global Silicone Coating Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Silicone Coating Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Silicone Coating Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Wacker Chemie
7.2: Momentive Performance Materials
7.3: Shin-Etsu Chemical
7.4: DOW Corning
7.5: KCC Silicone
7.6: Evonik Industries
7.7: BASF
7.8: Humiseal
7.9: BYK-Chemie
7.10: ACC Silicones
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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