Silicone Coatings Market Trends by Key Players: Dow Corning, and Wacker Chemie AG. Other prominent companies include Shin-Etsu Chemical, China National Bluestar, Milliken, and Evonik Industries
Global Silicone Coatings Market size may grow significantly over the projected period owing to strong application scope in automotive and construction industries
(EMAILWIRE.COM, August 03, 2018 ) Asia Pacific, led by Japan, South Korea, India, and China silicone coatings market size should grow significantly over the foreseeable timeframe. Increasing application outlook in construction and automotive industries, mainly in China, India, Japan, and Malaysia, should drive the regional growth. Strong R&D spending in personal care products and healthcare sector, mainly in China, will influence industry growth.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1204
Global Silicone Coatings Market size may grow significantly over the projected period owing to strong application scope in automotive and construction industries. It is widely used as primers, marine, industrial maintenance, hygienic architectural, anti-fouling, biocidal abrasion-resistant, and automotive clear coatings.
U.S. silicone coatings market size should witness steady gains owing to the rise in construction spending. Favorable government initiatives to increase infrastructural spending along with growth in automotive sales should drive regional product demand.
Europe silicone coatings market size with growth in the automotive manufacturing industry should witness an increase in demand. Major automobile companies are based in Germany, France, and the UK, which should influence regional product demand.
Global paint & coatings market was valued at USD 125 billion in 2015 and may surpass USD 180 billion by 2024 with gains at over 5.5%. Growing automobile and consumer goods industry may stimulate industry growth demand. They are usually applied on exterior and interior of house walls, vehicles body, and corporate buildings. They are formulated with silicones that improve product durability, resistant to corrosion, moisture, weathering, climatic dynamics, enhance gloss, and color retention.
In industrial processing, tire manufacturers use silicone coatings through the molding process, which ensures product quality. In the shipping industry, it increases vessel efficiency and avoid using antifouling paints, which are toxic in nature. Silicone coatings market size from consumer goods should witness significant gains as they are used in airbags, leather goods & textiles, and this coating provides aesthetic quality to products.
Global healthcare market size may generate over USD 9 trillion by 2024.
Silicone coatings are used in medical devices and pharmaceutical applications owing to high-quality chemical and biochemical characteristics. These are used for applications related to heart pacemakers and surgical drains & catheters. Gels, foams, and adhesives are used in wound dressings to improve therapy and comfort.
Request for customization of this report @ https://www.gminsights.com/roc/1204
Global silicone coatings market share is consolidated with key manufacturers including Momentive Performance Materials, BASF, Dow Corning, and Wacker Chemie AG. Other prominent companies include Shin-Etsu Chemical, China National Bluestar, Milliken, and Evonik Industries. Most of the manufacturing companies are focusing on enhancing the product portfolio and strengthening the regional presence.
Evonik offers a wide range of aromatic silicone polyester resin SILIKOFTAL brand. It is particularly used for both outer and inner coatings for bakeware and cooking utensils, which comply with FDA regulations. It has good heat resistance, low surface tension, and weathering resistance.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1204
Global Silicone Coatings Market size may grow significantly over the projected period owing to strong application scope in automotive and construction industries. It is widely used as primers, marine, industrial maintenance, hygienic architectural, anti-fouling, biocidal abrasion-resistant, and automotive clear coatings.
U.S. silicone coatings market size should witness steady gains owing to the rise in construction spending. Favorable government initiatives to increase infrastructural spending along with growth in automotive sales should drive regional product demand.
Europe silicone coatings market size with growth in the automotive manufacturing industry should witness an increase in demand. Major automobile companies are based in Germany, France, and the UK, which should influence regional product demand.
Global paint & coatings market was valued at USD 125 billion in 2015 and may surpass USD 180 billion by 2024 with gains at over 5.5%. Growing automobile and consumer goods industry may stimulate industry growth demand. They are usually applied on exterior and interior of house walls, vehicles body, and corporate buildings. They are formulated with silicones that improve product durability, resistant to corrosion, moisture, weathering, climatic dynamics, enhance gloss, and color retention.
In industrial processing, tire manufacturers use silicone coatings through the molding process, which ensures product quality. In the shipping industry, it increases vessel efficiency and avoid using antifouling paints, which are toxic in nature. Silicone coatings market size from consumer goods should witness significant gains as they are used in airbags, leather goods & textiles, and this coating provides aesthetic quality to products.
Global healthcare market size may generate over USD 9 trillion by 2024.
Silicone coatings are used in medical devices and pharmaceutical applications owing to high-quality chemical and biochemical characteristics. These are used for applications related to heart pacemakers and surgical drains & catheters. Gels, foams, and adhesives are used in wound dressings to improve therapy and comfort.
Request for customization of this report @ https://www.gminsights.com/roc/1204
Global silicone coatings market share is consolidated with key manufacturers including Momentive Performance Materials, BASF, Dow Corning, and Wacker Chemie AG. Other prominent companies include Shin-Etsu Chemical, China National Bluestar, Milliken, and Evonik Industries. Most of the manufacturing companies are focusing on enhancing the product portfolio and strengthening the regional presence.
Evonik offers a wide range of aromatic silicone polyester resin SILIKOFTAL brand. It is particularly used for both outer and inner coatings for bakeware and cooking utensils, which comply with FDA regulations. It has good heat resistance, low surface tension, and weathering resistance.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results