Silicone Resins Market
Silicone Resins Market Analysis By Type (Pure, Modified), By Form (Powder, Liquid, Flakes), By Function (Binding Agents, Impregnating Agents, Hydrophobic Agents, Release Agents, Modifiers), By Application, By Region - Global Forecast 2022 to 2032
Analysis of Silicone Resins market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Silicone Resins Market Outlook (2022 to 2032)
The global silicone resins market is estimated at US$ 906.8 million in 2022 and is forecast to surpass US$ 1.5 billion by 2032, progressing at a steady CAGR of 5.1% from 2022 to 2032.
Demand for liquid silicone resins is expected to increase a CAGR of 5.5% over the forecast period and reach a market size of US$ 783 million by the end of 2032.
| Report Attributes | Details |
|---|---|
| Silicone Resins Market Size (2021A) | US$ 873.6 Million |
| Estimated Market Size (2022E) | US$ 906.7 Million |
| Projected Market Size (2032F) | US$ 1.5 Billion |
| Global Market Growth Rate (2022 to 2032) | 5.1% CAGR |
| North America Market Share (2021) | 12.5% |
| North America Market Growth Rate (2022 to 2032) | 5.3% CAGR |
| East Asia Market Growth Rate (2022 to 2032) | 5% CAGR |
| Top 3 Companies’ Market Share (2021) | ~36.3% |
| Key Companies Profiled | Dow Chemicals; Elkem Silicones; Evonik; Innospec Inc.; Iota Silicone Oil (Anhui) Co. Ltd.; Kaneka; KCC Corporation; Shin-Etsu; Siltech Corporation; Wacker |
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Consumption Analysis of Silicone Resins (2017 to 2021) Vs. Market Outlook (2022 to 2032)
Silicone resins are the high silicone-oxygen bond energy made up of highly crosslinked networks, which makes them stable in rough environments. UV and thermal resistance make silicone resins useful for protective coatings in different environments.
Silicone resins offer several benefits such as ensuring good performance, and temperature, chemical, weather, and heat resistance. Their excellent thermal stability makes them well-suited for application in varnishes, paints, and other impregnating products. They are also used in release coatings as release force promoters, in water repellants for building & construction, and as adhesion promoters in sealing & bonding.
- Short Term (2022 to 2025): Augmenting utilization and integration of silicone resins in electronics industry to positively impact market growth.
- Medium Term (2025 to 2028): East Asia and Europe anticipated to witness high silicone resin demand on the back of abundant production and raw material availability in these regions, coupled with favourable government initiatives.
- Long Term (2028 to 2032): Increase in the use of silicone resins by the construction sector in paints & coatings will drive market expansion.
Over the 2017 to 2021 historical period, the global silicone resins market registered a CAGR of 1.6%, and according to Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.1% CAGR between 2022 and 2032.
Market share analysis of silicone resins based on form and type is provided in a nutshell in the above image. Under the form segment, liquid silicone resins dominate with 50.4% market share in 2022.
What’s Driving Worldwide Demand for Silicone Resins?
“Upsurge in Demand for Silicone-based Paints & Coatings for Industrial & Consumer Markets”
Silicone-based coatings are utilized widely in industrial operations to ensure quality through consistent release performance during the moulding process. Paints with silicone additives improve vessel efficiency for the shipping sector (faster speed and reduced fuel consumption) and do away with the need for conventional antifouling paints made of harmful ingredients.
Silicone resins are used by manufacturers of industrial paints to increase adhesion, waterproofing, and durability in harsh environments. In paints, silicone resins disperse pigments to improve the colour and flow, and levelling agents guarantee coverage and flawless finish, while it also gets rid of surface flaws brought on by bubbles. Silicone resins improve heat resistance and provide water resistance for specialized paints & varnishes.
As an element of the layer for building materials, construction elements and ceramics, they are being utilized consistently in the building and construction sector. Silicone resins used as binders in intumescent paints provide enough protection to steel and aluminium structures in the event of a building fire for a specific period. These coatings can be widely used in the oil & gas sector as well as in the automotive sector, particularly in passenger and cargo trucks.
From airbags to technical textiles and leather goods, silicone coatings are used in a wide range of consumer products and applications to give these products the necessary properties and desired look and feel.
“Silicone Resins Benefiting the Construction Sector”
Other types of resins are unable to match the outstanding property profile of silicone resins due to their chemical structures. These binders are employed as primary components in numerous industrial applications, ranging from high-temperature-resistant paints to weather- and chemical-resistant coatings for building conservation.
High-temperature-resistant coatings using silicone resins must maintain their weather resistance capabilities and corrosion protection, as well as meet extremely strict thermal stability requirements. These coatings are utilised in exhaust systems, industrial ovens, combustion chambers, and grills. These coatings are typically applied to steel between 20 and 25 microns thick at a dry film state.
Relying on their chemical structure, silicone resins can offer special properties such as thermal stability and low surface tension. These resins are weather-resistant, and hence, can be utilised in all applications exposed to weather, which also includes water repellence and surface slip characteristics. Silicone resins can retain elasticity even at low temperatures and are chemically resistant to aliphatic and aromatic solvents.
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Country-wise Insights
Why is the Market in China for Silicone Resins Growing Rapidly?
China has the largest electronics production base in the world and presents South Korea, Japan, and Taiwan with fierce competition. Consumer electronics is the fastest-growing market in terms of demand, with products such as smartphones, OLED TVs, and tablets, among others, seeing high demand.
Demand for electronic devices is anticipated to rise consistently in the future with an increase in middle-class consumers' disposable incomes, propelling the silicone resins industry. The industrial and construction sectors account for almost 50% of China's GDP. The market for paints and coatings used in construction is anticipated to grow as a result of the sector's expansion in China.
East Asia is itself the region that manufactures the highest amount of silicone resins in the world. To improve production efficiency and enhance their product offers, top silicone resin producers are presently employing cutting-edge production techniques.
Because of the low cost of labour and easy accessibility of raw materials, the market in the region is expanding rapidly. Government initiatives to boost manufacturing, rise in capital-intensive construction, and rise in demand from end uses in the industrial, automotive, and construction sectors all contribute to the growing demand for silicone resins in China.
In terms of value, East Asia holds a share of around 49.8% of the global silicone resins market in 2022.
How is the U.S. Silicone Resins Market Progressing?
In the United States, the market for silicone resins is anticipated to reach US$ 98.6 million by 2022.
The manufacturing process for the silicone resins is getting streamlined in the country and the North American region as well. A promise to achieve net-zero emissions by 2050 is codified in law by the U.S. Net-Zero Emissions Accountability Act. As the government strives to meet its goals, the Act ensures accountability and transparency. All of this could have an impact on chemical production, both now and in the future.
Silicone resins are neither poisonous nor bad for the environment. But the method used to create them is an entirely different matter. Environmental hazards abound when volatile organic compounds (VOCs) and chemicals such as styrene, isobutylene, and formaldehyde are used in the manufacture of resin.
A majority of casting resins used in resin art are chemical-based resins. Chemicals can pollute the soil and water by leaking into the environment. Fossil fuels, on the other hand, have contributed to the escalating climate problem and its impact on the entire world, affecting the production of silicone resins in the short run.
But considering the long-term scenario, this manufacturing process is going to be very beneficial for the environment and for the overall chemical industry as well.
Category-wise Insights
What Makes the Electronics & Electrical Sector a Huge Consumer of Silicone Resins?
In the electronics and electrical sectors, resins are widely used for potting and encapsulating. Depending on their chemistry, resins can be divided into three main categories: silicone, epoxy, and urethane.
Optical clear silicone resins exhibit high UV light resilience and have been demonstrated to hold their clarity after prolonged laboratory exposure testing procedures. They are ideal for LED applications, where resin colour stability is crucial to ensuring minimal colour temperature shift of the LED lighting unit itself, thanks to their well-documented UV resistance.
Depending on the potting deepness or specimen thickness and the shape of the circuit to be potted, silicone curing can take between 24 and 48 hours, in contrast to epoxy and polyurethane curing. A drawback is that silicones frequently require moisture to advance the reaction, and therefore, care must be taken with the curing conditions, especially with regard to humidity.
Additionally, silicone resins exhibit superb adherence to a variety of surfaces, including metals and plastics.
Why are High-temp Coatings & Protective Coating Silicone Resins So Popular?
Turbine blade coatings have some desirable qualities, such as the ability to withstand oxidation and heat corrosion while maintaining strength and cohesiveness.
Damage from high temperatures to the turbines or other machinery can be divided into three categories: high-temperature type II corrosion occurs between 600°C and 850°C, type I corrosion occurs between 750°C and 950°C, and oxidation occurs above 950°C. Three different kinds of high-temperature coatings exist: diffusional, overlay, and thermal barrier coatings (TBC). The third type is regarded as an overlay coating that is widely employed in high-temperature environments, such as rotating blades and combustion chambers.
To provide continuous temperature resistance to 1100 °F (593 °C) and intermittent resistance to 1400 °F (760 °C), these coatings are made utilising a sophisticated solvent-based silicone in combination with inorganic fillers, additives, and colours.
These coatings offer exceptional resistance to UV lights, weathering, oxidation, salt spray corrosion, and thermal shock. They are heat-curable systems that adhere to a variety of materials, including refractories, metals, glass, ceramics, and quartz.
Know thy Competitors
Competitive landscape highlights only certain players
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Competitive Landscape
Dow Chemicals, Elkem Silicones, Evonik, KCC Corporation, Shin Etsu, Kaneka, Wacker, Innospec Inc., Iota Silicone Oil (Anhui) Co. Ltd., and Siltech Corporation are key manufacturers of silicone resins.
Market players are opting for a mix of organic and inorganic growth strategies, such as innovation and collaborations, to increase their share in the market.
- Evonik, through its patent strategy, safeguards novel products and procedures. The patent portfolio's worth and calibre have progressively risen in recent years.
- Elkem Corporation, (1Q 2021) announced the acquisition of a new plant in Lyon, France, for specialized silicone production.
Fact.MR has provided detailed information about the overall strategies adopted by players in the silicone resins market, along with their detailed overviews, including SWOT analysis and revenue generated by silicone resin manufacturers positioned across geographies, in addition to providing silicone resin sales growth information, production capacity, and speculative production expansion, in the recently published report.
Segmentation of Silicone Resins Industry Survey
-
Silicone Resins Market by Type :
- Pure Silicone Resins
- Methyl
- Methyl Phenyl
- Propyl Phenyl
- Modified Silicone Resins
- Polyester
- Alkyd
- Epoxy
- Pure Silicone Resins
-
Silicone Resins Market by Function :
- Binding Agents
- Impregnating Agents
- Hydrophobic Agents
- Release Agents
- Modifiers
-
Silicone Resins Market by Form :
- Powder Silicone Resins
- Liquid/Solvent Silicone Resins
- Flaked Silicone Resins
-
Silicone Resins Market by Application :
- Coating Systems
- High Temperature Coatings
- Anti-Corrosion Coatings
- Other Industrial Coatings
- Fabric Processing
- Polymer Modification
- Semicon Chips Processing
- Flame Retardant Applications
- Others
- Coating Systems
-
Silicone Resins Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 5. Global Market - Pricing Analysis
- 6. Global Market Demand (in Value or Size in US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
- 7.1. Pure
- 7.1.1. Methyl
- 7.1.2. Methyl Phenyl
- 7.1.3. Propyl Phenyl
- 7.2. Modified
- 7.2.1. Polyester
- 7.2.2. Alkyd
- 7.2.3. Epoxy
- 7.1. Pure
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Function
- 8.1. Binding Agent
- 8.2. Impregnating Agent
- 8.3. Hydrophobic Agent
- 8.4. Release Agent
- 8.5. Modifier
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
- 9.1. Powder
- 9.2. Liquid / Solvent
- 9.3. Flakes
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 10.1. Coating Systems
- 10.1.1. High Temperature Coatings
- 10.1.2. Anti-corrosion Coatings
- 10.1.3. Other Industrial Coatings
- 10.2. Fabric Processing
- 10.3. Polymer Modification
- 10.4. Semicon Chips Processing
- 10.5. Flame Retardant Applications
- 10.6. Others
- 10.1. Coating Systems
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia & Oceania
- 11.6. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Country-level Market Analysis and Forecast
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Dow Chemicals
- 20.2. Elkem Silicones
- 20.3. Evonik
- 20.4. Innospec Inc.
- 20.5. Iota Silicone Oil (Anhui) Co., Ltd.
- 20.6. Kaneka Corporation
- 20.7. KCC Corporation
- 20.8. Shin-Etsu
- 20.9. Siltech Corporation
- 20.10. Wacker Chemie
- 21. Assumptions & Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01. Global Market Value (USD Million) and Forecast by Region, 2017 to 2021
Table 02. Global Market Value (USD Million) and Forecast by Region, 2022 to 2032
Table 03. Global Market Volume (Kilo Tons) and Forecast by Region, 2017 to 2021
Table 04. Global Market Volume (Kilo Tons) and Forecast by Region, 2022 to 2032
Table 05. Global Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 06. Global Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 07. Global Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 08. Global Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 09. Global Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 10. Global Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 11. Global Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 12. Global Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 13. Global Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 14. Global Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 15. Global Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 16. Global Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 17. Global Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 18. Global Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 19. Global Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 20. Global Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
Table 21. North America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 22. North America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 23. North America Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 24. North America Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 25. North America Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 26. North America Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 27. North America Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 28. North America Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 29. North America Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 30. North America Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 31. North America Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 32. North America Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 33. North America Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 34. North America Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 35. North America Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 36. North America Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 37. North America Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 38. North America Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 39. North America Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 40. North America Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
Table 41. Latin America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 42. Latin America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 43. Latin America Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 44. Latin America Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 45. Latin America Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 46. Latin America Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 47. Latin America Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 48. Latin America Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 49. Latin America Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 50. Latin America Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 51. Latin America Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 52. Latin America Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 53. Latin America Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 54. Latin America Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 55. Latin America Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 56. Latin America Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 57. Latin America Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 58. Latin America Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 59. Latin America Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 60. Latin America Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
Table 61. Europe Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 62. Europe Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 63. Europe Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 64. Europe Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 65. Europe Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 66. Europe Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 67. Europe Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 68. Europe Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 69. Europe Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 70. Europe Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 71. Europe Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 72. Europe Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 73. Europe Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 74. Europe Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 75. Europe Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 76. Europe Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 77. Europe Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 78. Europe Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 79. Europe Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 80. Europe Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
Table 81. East Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 82. East Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 83. East Asia Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 84. East Asia Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 85. East Asia Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 86. East Asia Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 87. East Asia Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 88. East Asia Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 89. East Asia Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 90. East Asia Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 91. East Asia Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 92. East Asia Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 93. East Asia Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 94. East Asia Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 95. East Asia Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 96. East Asia Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 97. East Asia Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 98. East Asia Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 99. East Asia Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 100. East Asia Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
Table 101. South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 102. South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 103. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 104. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 105. South Asia & Oceania Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 106. South Asia & Oceania Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 107. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 108. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 109. South Asia & Oceania Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 110. South Asia & Oceania Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 111. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 112. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 113. South Asia & Oceania Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 114. South Asia & Oceania Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 115. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 116. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 117. South Asia & Oceania Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 118. South Asia & Oceania Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 119. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 120. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
Table 121. MEA Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 122. MEA Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 123. MEA Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 124. MEA Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 125. MEA Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 126. MEA Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 127. MEA Market Volume (Kilo Tons) and Forecast by Type, 2017 to 2021
Table 128. MEA Market Volume (Kilo Tons) and Forecast by Type, 2022 to 2032
Table 129. MEA Market Value (USD Million) and Forecast by Function, 2017 to 2021
Table 130. MEA Market Value (USD Million) and Forecast by Function, 2022 to 2032
Table 131. MEA Market Volume (Kilo Tons) and Forecast by Function, 2017 to 2021
Table 132. MEA Market Volume (Kilo Tons) and Forecast by Function, 2022 to 2032
Table 133. MEA Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 134. MEA Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 135. MEA Market Volume (Kilo Tons) and Forecast by Form, 2017 to 2021
Table 136. MEA Market Volume (Kilo Tons) and Forecast by Form, 2022 to 2032
Table 137. MEA Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 138. MEA Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 139. MEA Market Volume (Kilo Tons) and Forecast by Application, 2017 to 2021
Table 140. MEA Market Volume (Kilo Tons) and Forecast by Application, 2022 to 2032
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List Of Figures
Figure 01. Global Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 02. Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 03. Global Market Value (USD Million) by Region, 2022 & 2032
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05. Global Market Value (USD Million) by Type, 2022 & 2032
Figure 06. Global Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 07. Global Market Value (USD Million) by Function, 2022 & 2032
Figure 08. Global Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 09. Global Market Value (USD Million) by Form, 2022 & 2032
Figure 10. Global Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 11. Global Market Value (USD Million) by Application, 2022 & 2032
Figure 12. Global Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 13. North America Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 14. North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 15. North America Market Value (USD Million) by Country, 2022 & 2032
Figure 16. North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 17. North America Market Value (USD Million) by Type, 2022 & 2032
Figure 18. North America Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 19. North America Market Value (USD Million) by Function, 2022 & 2032
Figure 20. North America Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 21. North America Market Value (USD Million) by Form, 2022 & 2032
Figure 22. North America Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 23. North America Market Value (USD Million) by Application, 2022 & 2032
Figure 24. North America Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 25. North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 26. North America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 27. North America Market Attractiveness Analysis by Function, 2022 to 2032
Figure 28. North America Market Attractiveness Analysis by Form, 2022 to 2032
Figure 29. North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 30. Latin America Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 31. Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 32. Latin America Market Value (USD Million) by Country, 2022 & 2032
Figure 33. Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 34. Latin America Market Value (USD Million) by Type, 2022 & 2032
Figure 35. Latin America Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 36. Latin America Market Value (USD Million) by Function, 2022 & 2032
Figure 37. Latin America Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 38. Latin America Market Value (USD Million) by Form, 2022 & 2032
Figure 39. Latin America Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 40. Latin America Market Value (USD Million) by Application, 2022 & 2032
Figure 41. Latin America Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 42. Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 43. Latin America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 44. Latin America Market Attractiveness Analysis by Function, 2022 to 2032
Figure 45. Latin America Market Attractiveness Analysis by Form, 2022 to 2032
Figure 46. Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 47. Europe Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 48. Europe Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 49. Europe Market Value (USD Million) by Country, 2022 & 2032
Figure 50. Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 51. Europe Market Value (USD Million) by Type, 2022 & 2032
Figure 52. Europe Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 53. Europe Market Value (USD Million) by Function, 2022 & 2032
Figure 54. Europe Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 55. Europe Market Value (USD Million) by Form, 2022 & 2032
Figure 56. Europe Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 57. Europe Market Value (USD Million) by Application, 2022 & 2032
Figure 58. Europe Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 59. Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 60. Europe Market Attractiveness Analysis by Type, 2022 to 2032
Figure 61. Europe Market Attractiveness Analysis by Function, 2022 to 2032
Figure 62. Europe Market Attractiveness Analysis by Form, 2022 to 2032
Figure 63. Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 64. East Asia Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 65. East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 66. East Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 67. East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 68. East Asia Market Value (USD Million) by Type, 2022 & 2032
Figure 69. East Asia Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 70. East Asia Market Value (USD Million) by Function, 2022 & 2032
Figure 71. East Asia Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 72. East Asia Market Value (USD Million) by Form, 2022 & 2032
Figure 73. East Asia Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 74. East Asia Market Value (USD Million) by Application, 2022 & 2032
Figure 75. East Asia Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 76. East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 77. East Asia Market Attractiveness Analysis by Type, 2022 to 2032
Figure 78. East Asia Market Attractiveness Analysis by Function, 2022 to 2032
Figure 79. East Asia Market Attractiveness Analysis by Form, 2022 to 2032
Figure 80. East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 81. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 82. South Asia & Oceania Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 83. South Asia & Oceania Market Value (USD Million) by Country, 2022 & 2032
Figure 84. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85. South Asia & Oceania Market Value (USD Million) by Type, 2022 & 2032
Figure 86. South Asia & Oceania Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 87. South Asia & Oceania Market Value (USD Million) by Function, 2022 & 2032
Figure 88. South Asia & Oceania Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 89. South Asia & Oceania Market Value (USD Million) by Form, 2022 & 2032
Figure 90. South Asia & Oceania Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 91. South Asia & Oceania Market Value (USD Million) by Application, 2022 & 2032
Figure 92. South Asia & Oceania Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 93. South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 94. South Asia & Oceania Market Attractiveness Analysis by Type, 2022 to 2032
Figure 95. South Asia & Oceania Market Attractiveness Analysis by Function, 2022 to 2032
Figure 96. South Asia & Oceania Market Attractiveness Analysis by Form, 2022 to 2032
Figure 97. South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 98. MEA Market Value (USD Million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 99. MEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 100. MEA Market Value (USD Million) by Country, 2022 & 2032
Figure 101. MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 102. MEA Market Value (USD Million) by Type, 2022 & 2032
Figure 103. MEA Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 104. MEA Market Value (USD Million) by Function, 2022 & 2032
Figure 105. MEA Market Y-o-Y Growth Rate by Function, 2022 to 2032
Figure 106. MEA Market Value (USD Million) by Form, 2022 & 2032
Figure 107. MEA Market Y-o-Y Growth Rate by Form, 2022 to 2032
Figure 108. MEA Market Value (USD Million) by Application, 2022 & 2032
Figure 109. MEA Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 110. MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 111. MEA Market Attractiveness Analysis by Type, 2022 to 2032
Figure 112. MEA Market Attractiveness Analysis by Function, 2022 to 2032
Figure 113. MEA Market Attractiveness Analysis by Form, 2022 to 2032
Figure 114. MEA Market Attractiveness Analysis by Application, 2022 to 2032
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- FAQs -
What is the global silicone resins market size?
The global silicone resins market is estimated at US$ 906.8 million in 2022.
What was the last 5-year CAGR for the demand for silicone resins?
During 2017-2021, global silicone resin sales increased at 1.6% CAGR.
Who are the prominent suppliers of silicone resins?
Key silicone resin manufacturers are Dow Chemicals, Elkem Silicones, Evonik, KCC Corporation, Shin Etsu, Kaneka, and Wacker.
Which region leads the global silicone resins market?
North America accounts for a leading market share of 12.7%.
Which form of silicone resin is most widely used?
Liquid silicone resins account for 52.3% global market share.
Silicone Resins Market