Silicone Resins Market
                     Silicone Resins Market to Witness Steady Expansion During 2018 – 2026
Silicone resins is a type of silicone material that is formed by cage-like oligosiloxanes and 
branched with the formula RnSiXmOy. The Silicone resins produce films which has properties
include heat resistance, dielectric properties and weatherability. It is used in end use industry
include paints and coatings, construction where Silicone resins is used to improve safety, 
reliability, and durability.
Silicone Resins Market Key Players
Key players operating in the global silicone resins market include, Wacker Chemie AGThe
Dow Chemical Company, Shin-etsu Chemical Co. Ltd., Evonik Tego Chemie, GmbH, Bluestar
Silicones, Kaneka Corporations, Momentive performance materials holdings Inc., Adhis S.A.S,
BRB International BV, and Siltech Corportion.
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Market Outlook
•Among end-use industry, paint and coating segment held a significant market share in
the global silicone resins market in 2017, owing to increasing demand for Silicone
resins in coating industry. Physical properties of silicon resin such as heat resistance,
flexibility, anti-corrosion, and electrical insulation propel demand for silicon resins in
the  paint  and  coating  industry.  For  instance,  according  to  the  Coherent  Market
Insights’ analysis, the global paints and coatings market was valued at US$ 137.25
billion and 46,686.09 kilo tons in 2016, and is expected to expand at a CAGR of 5.6%
in terms of revenue and 4.8% in terms of volume during 2017 – 2025.
•North America held a significant position in the global silicone resins market in 2017
and this trend is expected to continue over the forecast period due to demand of
silicon resin from end-use industry. In North America, demand for Silicone resins
increased owing to benefits offered by silicone resins include heat resistance, thermal
stability, increased weathering, electrical insulation binder driving the Silicone resins
market in North America. Furthermore, key players are focusing on capacity expansion
to build business in Silicone resins market at global level. For instance, In September
2018, The Dow Chemical Company announced the construction of new silicon resin
plant to expand its global capacity and meet the increasing demand of the silicone in
end use industries worldwide.
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Market Taxonomy
On the basis of product type the global silicone resins market is segmented into:
•Pure Silicone
•Polyester Resin
•Methyl-Silicone
•Methyl/Phenyl-Silicone
•Alkyd Resins
•Epoxy Resins
•Others (Polyacrylate Resins and Waterborne Silicone)
On the basis of end-use industry, the global silicone resins market is segmented into:
•Building & Construction
•Chemical
•Paints and Coating
•Personal Care
•Electrical and Electronics
•Automotive
•Others (Healthcare, etc.)
On the basis of region, the global silicone resins market is segmented into:
•North America
•U.S.
•Canada
•Europe
•U.K.
•Germany
•Italy
•France
•Russia
•Spain
•Rest of Europe
•Asia Pacific
•China
•India
•Japan
•ASEAN
•Australia
•South Korea
•Rest of Asia Pacific
•Latin America
•Brazil
•Mexico
•Argentina
•Rest of Latin America
•Middle East
•GCC
•Israel
•Rest of Middle East
•Africa
•Northern Africa
•Central Africa
•South Africa
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