Silicone Resins Market Developments by 2031
Silicone resins are polymers with a three-dimensional branched-chain structure and a low molecular weight. There are two types of silicone resins: methyl resins and methyl phenyl resins. The characteristics of silicone resin are also influenced by two of the most common types of non-reactive groups found in the siloxane chain namely methyl groups and phenyl groups. Methyl groups impart water repellency, release properties, and enhances surface hardness, whereas phenyl groups impart temperature and weathering resistance, especially by UV-radiation, flexibility at high temperatures, and compatibility with organic products. Silicone resins are available in liquid and powdered formats and have applications in paints and coatings industry, adhesive industry, and electrical and electronics industry, among others.
MARKET DYNAMICS
Rising demand for silicone resins from various industries owing to their binding, heat insulation, temperature and weather resistance, among other properties is crucially driving the market growth. Silicone resins have great thermal stability which make them ideal binders in paints, coatings, and varnishes. Moreover, owing to their heat insulation properties, silicone resins are also used for electrical impregnating and insulation. All these factors are potentially boosting the demand for silicone resins, propelling the market growth.
MARKET SCOPE
The "Global Silicone Resins Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the silicone resins market with detailed market segmentation based on type, form, and application. The global silicone resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading silicone resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global silicone resins market is segmented into type, form, and application. By type, the silicone resins market is classified into methyl resins and methyl phenyl resins. By form, the silicone resins market is classified into liquid and powder. By application, the silicone resins market is classified into paints and coatings, adhesives, electrical impregnating & insulation, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global silicone resins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The silicone resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the silicone resins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the silicone resins in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global silicone resins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The silicone resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the silicone resins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the silicone resins in these regions.
MARKET PLAYERS
The report covers vital developments in the silicone resins as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the silicone resins market are anticipated to witness lucrative growth opportunities in the future with the rising demand for silicone resins in the global market. Below mentioned is the list of few companies engaged in the silicone resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicone resins market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- The Dow Chemical Company
- Evonik Industry AG
- Shin-Etsu Chemical Co. Ltd.
- Kaneka Corporation
- Wacker Chemie AG
- Elkem ASA
- Genesee Polymers Corporation
- Supreme Silicones India Pvt Ltd
- Alchemie Ltd.
- Primasil
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Silicone Resins Market - By Type
1.3.2 Silicone Resins Market - By Form
1.3.3 Silicone Resins Market - By Application
1.3.4 Silicone Resins Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SILICONE RESINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SILICONE RESINS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SILICONE RESINS MARKET - GLOBAL MARKET ANALYSIS
6.1. SILICONE RESINS - GLOBAL MARKET OVERVIEW
6.2. SILICONE RESINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SILICONE RESINS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. METHYL RESINS
7.3.1. Overview
7.3.2. Methyl Resins Market Forecast and Analysis
7.4. METHYL PHENYL RESINS
7.4.1. Overview
7.4.2. Methyl Phenyl Resins Market Forecast and Analysis
8. SILICONE RESINS MARKET - REVENUE AND FORECASTS TO 2028 - FORM
8.1. OVERVIEW
8.2. FORM MARKET FORECASTS AND ANALYSIS
8.3. LIQUID
8.3.1. Overview
8.3.2. Liquid Market Forecast and Analysis
8.4. POWDER
8.4.1. Overview
8.4.2. Powder Market Forecast and Analysis
9. SILICONE RESINS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PAINTS AND COATINGS
9.3.1. Overview
9.3.2. Paints and Coatings Market Forecast and Analysis
9.4. ADHESIVES
9.4.1. Overview
9.4.2. Adhesives Market Forecast and Analysis
9.5. ELECTRICAL IMPREGNATING AND INSULATION
9.5.1. Overview
9.5.2. Electrical Impregnating and Insulation Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. SILICONE RESINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Silicone Resins Market Overview
10.1.2 North America Silicone Resins Market Forecasts and Analysis
10.1.3 North America Silicone Resins Market Forecasts and Analysis - By Type
10.1.4 North America Silicone Resins Market Forecasts and Analysis - By Form
10.1.5 North America Silicone Resins Market Forecasts and Analysis - By Application
10.1.6 North America Silicone Resins Market Forecasts and Analysis - By Countries
10.1.6.1 United States Silicone Resins Market
10.1.6.1.1 United States Silicone Resins Market by Type
10.1.6.1.2 United States Silicone Resins Market by Form
10.1.6.1.3 United States Silicone Resins Market by Application
10.1.6.2 Canada Silicone Resins Market
10.1.6.2.1 Canada Silicone Resins Market by Type
10.1.6.2.2 Canada Silicone Resins Market by Form
10.1.6.2.3 Canada Silicone Resins Market by Application
10.1.6.3 Mexico Silicone Resins Market
10.1.6.3.1 Mexico Silicone Resins Market by Type
10.1.6.3.2 Mexico Silicone Resins Market by Form
10.1.6.3.3 Mexico Silicone Resins Market by Application
10.2. EUROPE
10.2.1 Europe Silicone Resins Market Overview
10.2.2 Europe Silicone Resins Market Forecasts and Analysis
10.2.3 Europe Silicone Resins Market Forecasts and Analysis - By Type
10.2.4 Europe Silicone Resins Market Forecasts and Analysis - By Form
10.2.5 Europe Silicone Resins Market Forecasts and Analysis - By Application
10.2.6 Europe Silicone Resins Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Silicone Resins Market
10.2.6.1.1 Germany Silicone Resins Market by Type
10.2.6.1.2 Germany Silicone Resins Market by Form
10.2.6.1.3 Germany Silicone Resins Market by Application
10.2.6.2 France Silicone Resins Market
10.2.6.2.1 France Silicone Resins Market by Type
10.2.6.2.2 France Silicone Resins Market by Form
10.2.6.2.3 France Silicone Resins Market by Application
10.2.6.3 Italy Silicone Resins Market
10.2.6.3.1 Italy Silicone Resins Market by Type
10.2.6.3.2 Italy Silicone Resins Market by Form
10.2.6.3.3 Italy Silicone Resins Market by Application
10.2.6.4 United Kingdom Silicone Resins Market
10.2.6.4.1 United Kingdom Silicone Resins Market by Type
10.2.6.4.2 United Kingdom Silicone Resins Market by Form
10.2.6.4.3 United Kingdom Silicone Resins Market by Application
10.2.6.5 Russia Silicone Resins Market
10.2.6.5.1 Russia Silicone Resins Market by Type
10.2.6.5.2 Russia Silicone Resins Market by Form
10.2.6.5.3 Russia Silicone Resins Market by Application
10.2.6.6 Rest of Europe Silicone Resins Market
10.2.6.6.1 Rest of Europe Silicone Resins Market by Type
10.2.6.6.2 Rest of Europe Silicone Resins Market by Form
10.2.6.6.3 Rest of Europe Silicone Resins Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Silicone Resins Market Overview
10.3.2 Asia-Pacific Silicone Resins Market Forecasts and Analysis
10.3.3 Asia-Pacific Silicone Resins Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Silicone Resins Market Forecasts and Analysis - By Form
10.3.5 Asia-Pacific Silicone Resins Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Silicone Resins Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Silicone Resins Market
10.3.6.1.1 Australia Silicone Resins Market by Type
10.3.6.1.2 Australia Silicone Resins Market by Form
10.3.6.1.3 Australia Silicone Resins Market by Application
10.3.6.2 China Silicone Resins Market
10.3.6.2.1 China Silicone Resins Market by Type
10.3.6.2.2 China Silicone Resins Market by Form
10.3.6.2.3 China Silicone Resins Market by Application
10.3.6.3 India Silicone Resins Market
10.3.6.3.1 India Silicone Resins Market by Type
10.3.6.3.2 India Silicone Resins Market by Form
10.3.6.3.3 India Silicone Resins Market by Application
10.3.6.4 Japan Silicone Resins Market
10.3.6.4.1 Japan Silicone Resins Market by Type
10.3.6.4.2 Japan Silicone Resins Market by Form
10.3.6.4.3 Japan Silicone Resins Market by Application
10.3.6.5 South Korea Silicone Resins Market
10.3.6.5.1 South Korea Silicone Resins Market by Type
10.3.6.5.2 South Korea Silicone Resins Market by Form
10.3.6.5.3 South Korea Silicone Resins Market by Application
10.3.6.6 Rest of Asia-Pacific Silicone Resins Market
10.3.6.6.1 Rest of Asia-Pacific Silicone Resins Market by Type
10.3.6.6.2 Rest of Asia-Pacific Silicone Resins Market by Form
10.3.6.6.3 Rest of Asia-Pacific Silicone Resins Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Silicone Resins Market Overview
10.4.2 Middle East and Africa Silicone Resins Market Forecasts and Analysis
10.4.3 Middle East and Africa Silicone Resins Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Silicone Resins Market Forecasts and Analysis - By Form
10.4.5 Middle East and Africa Silicone Resins Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Silicone Resins Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Silicone Resins Market
10.4.6.1.1 South Africa Silicone Resins Market by Type
10.4.6.1.2 South Africa Silicone Resins Market by Form
10.4.6.1.3 South Africa Silicone Resins Market by Application
10.4.6.2 Saudi Arabia Silicone Resins Market
10.4.6.2.1 Saudi Arabia Silicone Resins Market by Type
10.4.6.2.2 Saudi Arabia Silicone Resins Market by Form
10.4.6.2.3 Saudi Arabia Silicone Resins Market by Application
10.4.6.3 U.A.E Silicone Resins Market
10.4.6.3.1 U.A.E Silicone Resins Market by Type
10.4.6.3.2 U.A.E Silicone Resins Market by Form
10.4.6.3.3 U.A.E Silicone Resins Market by Application
10.4.6.4 Rest of Middle East and Africa Silicone Resins Market
10.4.6.4.1 Rest of Middle East and Africa Silicone Resins Market by Type
10.4.6.4.2 Rest of Middle East and Africa Silicone Resins Market by Form
10.4.6.4.3 Rest of Middle East and Africa Silicone Resins Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Silicone Resins Market Overview
10.5.2 South and Central America Silicone Resins Market Forecasts and Analysis
10.5.3 South and Central America Silicone Resins Market Forecasts and Analysis - By Type
10.5.4 South and Central America Silicone Resins Market Forecasts and Analysis - By Form
10.5.5 South and Central America Silicone Resins Market Forecasts and Analysis - By Application
10.5.6 South and Central America Silicone Resins Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Silicone Resins Market
10.5.6.1.1 Brazil Silicone Resins Market by Type
10.5.6.1.2 Brazil Silicone Resins Market by Form
10.5.6.1.3 Brazil Silicone Resins Market by Application
10.5.6.2 Argentina Silicone Resins Market
10.5.6.2.1 Argentina Silicone Resins Market by Type
10.5.6.2.2 Argentina Silicone Resins Market by Form
10.5.6.2.3 Argentina Silicone Resins Market by Application
10.5.6.3 Rest of South and Central America Silicone Resins Market
10.5.6.3.1 Rest of South and Central America Silicone Resins Market by Type
10.5.6.3.2 Rest of South and Central America Silicone Resins Market by Form
10.5.6.3.3 Rest of South and Central America Silicone Resins Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. SILICONE RESINS MARKET, KEY COMPANY PROFILES
12.1. THE DOW CHEMICAL COMPANY
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. EVONIK INDUSTRY AG
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. SHIN-ETSU CHEMICAL CO. LTD.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. KANEKA CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. WACKER CHEMIE AG
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ELKEM ASA
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. GENESEE POLYMERS CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SUPREME SILICONES INDIA PVT LTD
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. ALCHEMIE LTD.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. PRIMASIL
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.The Dow Chemical Company
2.Evonik Industry AG
3.Shin-Etsu Chemical Co. Ltd.
4.Kaneka Corporation
5.Wacker Chemie AG
6.Elkem ASA
7.Genesee Polymers Corporation
8.Supreme Silicones India Pvt Ltd
9.Alchemie Ltd.
10.Primasil
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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