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$1.7 Billion Silicone Additives Market 2018-2022 by Function, Application, and Region -

DUBLIN, Feb 12, 2018 (BUSINESS WIRE) --

The "Silicone Additives Market by Function (Defoamer, Rheology Modifier, Surfactants, Wetting and Dispersing Agents), Application (Plastics & Composites, Paints & Coatings, Pulp & Paper, Food & Beverage), and Region - Global Forecast to 2022" report has been added to's offering.

The Silicone Additives Market is Estimated to Be USD 1.20 Billion in 2017 And is Expected to Reach USD 1.70 Billion By 2022, at a CAGR of 7.2% Between 2017 and 2022.

Silicone additives improve plastic processing by increasing heat stability, melting point, and lubrication, which, in turn, enable plastic manufacturers to achieve high output rates, increased efficiency, and qualitative end products. The demand for silicone additives is growing in emerging economies, such as India, China, and Brazil. Increased demand for high-quality products with improved performance is another significant factor fueling the growth of the silicone additives market. However, the silicone additives market is subjected to stringent regulations, especially in the European and North American regions.

Based on application, the paints & coatings segment is projected to grow at the highest CAGR from 2017 to 2022. Silicone additives are the most widely used type of additive in coatings. These additives help reduce the surface tension of liquid coatings and provide protection to substrates without increasing the cost of the overall formulation. Thus, the increasing demand for additives such as defoamers, surfactants, and rheology modifiers is expected to drive the growth of the silicone additives market in paints & coatings application.

The silicone additives market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the easy availability of raw materials used for manufacturing silicone additives. The expansion of the plastic industry in Asia Pacific countries provides lucrative growth opportunities to manufacturers of silicone additives. The rising demand for high-quality coating products in end-use industries is contributing to the growth of the silicone additives market. Key manufacturers of silicone additives are focused on expanding their base in the Asia Pacific region to increase their market share and enhance profit margins.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Silicone Additives Market, By Function

7 Silicone Additives Market, By Application

8 Silicone Additives Market, By Region

9 Competitive Landscape

10 Company Profiles

Acc Silicones Add Additives Bv Afcona Additives Akrochem Corporation Allnex BRB International BYK Additives Dow Corning Elkay Chemicals Elkem Evonik Graf Chemie Harmony Additives JAS Technologies KCC Corporation Mccoy Momentive Performance Materials Shin-Etsu Silchem Siltech Struktol Supreme Silicones Tri-Chem Industries Wacker Chemie Wynca

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SOURCE: Research and Markets 
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Related Topics: Silicones

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