Silicon Additives Market,by Function (Defoamer, Rheology Modifier, Surfactants, Wetting and Dispersing Agents, Lubricating Agent, and others), Application (Plastics & Composites, Paints & Coatings, Pulp & Paper, Food & Beverage, and others), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, South Korea, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
Silicon Additives Market, by Function (Defoamer, Rheology Modifier, Surfactants, Wetting and Dispersing Agents, Lubricating Agent, and others), Application (Plastics & Composites, Paints & Coatings, Pulp & Paper, Food & Beverage, and others), and Region...
"The global silicon additives market is likely to grow at a promising CAGR of 7.9% during the forecast year."
Silicon additives are substances that are added to silicone materials to improve their properties. They can be used to change the physical, chemical, or electrical properties of the silicon, or to make it more resistant to certain environmental conditions.
Silicon additives are used in paints and coatings to reduce the surface tension of the liquid coating. This makes the coating more wetting and helps to prevent surface defects such as cracking and poor wet. Silicone additives also improve the scratch resistance of the coating.
The silicon additives market is driven by increasing demand for silicone-based products. The automotive industry is another major end-user of silicone additives. The increasing demand for fuel-efficient and environmentally friendly vehicles is driving the demand for silicone additives in the automotive industry.
Silicon additives are used in many automotive applications including as lubricants, coatings and sealants. The increase in the use of electric vehicles and the quest for better fuel economy are the factors that are influencing the growth of this market.
Silicon additives are applied in the construction industry in products such as concrete, mortar, and grout to enhance their strength, endurance, and resistance to environmental conditions. The construction industry is gradually expanding more so in the emerging markets and this is putting pressure on manufacturers to incorporate these additives.
Coatings and paints contain silicon additives because they enhance the product’s performance, longevity, and aesthetics. The increased application of high-performance coatings and paints in different sectors like aerospace and automotive are also fuelling the demand for these additives.
Segments' Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Function Analysis
Defoamer, Rheology Modifier, Surfactants, Wetting and Dispersing Agents, Lubricating Agents, and Others
Defoamer is likely to remain the dominant as well as the fastest-growing segment during 2023-2028.
Paint & coatings are likely to account for the majority of market share as well as remain the fastest-growing segment in the coming years.
Regional Analysis
North America, Europe, Asia-Pacific, and The Rest of the World
Asia Pacific accounted for the largest market share and is projected to grow at a significant CAGR during the forecast period.
Function Insights
"The defoamersegment accounted for the largest market share."
The silicon additives market is segmented into defoamer, rheology modifier, surfactants, wetting and dispersing agents, lubricating agents, and others. The defoamer is anticipated to achieve the highest CAGR throughout the forecast period. Defoamers are used to prevent the formation of foam in silicone-based products. They do this by breaking down the surface tension of the liquid, making it more difficult for bubbles to form.
Application Insights
"Paints and coatingssegment accounted for the largest market share."
The market is segmented into plastics & composites, paints & coatings, pulp & paper, food & beverage, and others. Paints and coatings are anticipated to remain the dominant as well as the fastest-growing application in the market during the forecast period. This is due to the increasing demand for high-performance paints and coatings that can provide better protection against the elements and improve the appearance of buildings and other structures.
Regional Trends
"Asia-Pacificaccounted for the largest market share."
Asia-Pacific is expected to remain the largest market for silicon additives market during the forecast period. The demand for bio-acrylic acid has surged due to expanding industrial activities. The increasing use of plastic components as a substitute for metal in various industries is expected to be a major driver of growth in the regional market. Additionally, it is predicted that the region's growing cosmetics and personal care market will make it easier to use silicone compounds in skin and hair care products.
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the silicon additives market. Most of the major players are providing complete profile systems including profile seals. (Alphabetically Arranged)
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
The silicon additives market is segmented into the following categories:
By Function
Defoamers
Rheology Modifiers
Surfactants
Wetting and Dispersing Agents
Lubricating Agent
Others
By Application
Plastics & Composites
Paints & Coatings
Paper & Pulp
Personal & Home Care
Food & Beverage
Chemical and Oil & Gas
Agriculture
Others
By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s silicon additives market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process. This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights. This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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Silicone additives are substances that are added to silicone materials to improve their properties. They can be used to change the physical, chemical, or electrical properties of the silicone, or to make it more resistant to certain environmental conditions.
The silicone additives market is likely to grow at a promising CAGR of 7.9% during the forecast year. The silicon additives market is driven by increasing demand for silicone-based products. The increasing demand for fuel-efficient and environmentally friendly vehicles is driving the demand for silicone additives in the automotive industry.
Asia Pacific is estimated to remain dominant in the silicone additives market in the foreseeable future. A significant development driver for the regional marketplace is anticipated to be the increasing usage of plastic components as a substitute for metal in a variety of sectors.
Paints and coatings are anticipated to remain the dominant as well as the fastest-growing application in the market. This is due to the increasing demand for high-performance paints and coatings that can provide better protection against the elements and improve the appearance of buildings and other structures.
BRB International, BYK Additives, Dow Corning, Elkem, Evonik, Shin-Etsu, KCC Corporation, Momentive Performance Materials, Siltech, Supreme Silicones, and Wacker Chemie are the leading players in the Silicone Additives market.
