According to a market report by Lucintel, the future of the global silicone coating market looks promising with opportunities in the construction, automotive & transportation, consumer good, industrial, paper & film release, and marine applications. The global silicone coating market is expected to reach an estimated $8 billion by 2030 from $6 billion in 2024 at a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing application of this coating in the consumer goods and expanding construction sector.
A more than 150-page report to
understand trends, opportunity and
forecast in silicone coating market to 2030 by composition type (silicone additives, silicone
polymers, 100% silicone, and silicone water repellents), technology
(solvent-based, solventless, water-based, and powder-based), application (construction,
automotive & transportation, consumer goods, industrial, paper & film
release, marine, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel
forecasts that 100% silicone will remain the largest segment over the forecast
period due to its growing demand from developing nations and growing use in
construction applications.
Within
this market, consumer good will remain the largest segment due to substantial
usage of silicon coating in this sector owing to its various advantages, such
as superior weather resistance, stain resistance, and ease of cleaning.
Download
sample by clicking on silicone coating
market.
APAC is
expected to witness highest growth over the forecast period due to escalating
demand for silicon coating from various end use industries, such as consumer
goods, automotive, and construction in the region.
Wacker
Chemie, Momentive Performance Materials, Shin-Etsu Chemical, DOW Corning, KCC
Silicone, Evonik Industries, BASF, Humiseal, BYK-Chemie, ACC Silicones are the
major suppliers in the silicone
coating market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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