Silicone Additives Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Silicone additives are long recognised for providing special properties to inks and coatings, including improved slip, mar resistance, levelling and foam control. Furthermore, because silicones are effective at very low concentrations, they are widely used to optimise both product properties and processes.

Global Silicone Additives Market Segments Size & Growth:

Global Silicone Additives Market is accounted as USD 1.21 billion in 2017 and expected to grow at a CAGR of 7.35% reach 1.98 billion by 2024 during the forecast period 2018-2024.

Global Silicone Additives Market Segments Share:

The market is segmented as North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among all the regions, Asia Pacific has the largest market share for this market. This growth can be said due to the easy availability of raw materials used for manufacturing silicone additives. The Asia Pacific region has expanded opportunities for silicone additive manufacturers, owing to low-cost manufacturing in China, South Korea, and India. Fewer regulations related to the use and manufacturing of silicone additives in the Asia Pacific are further fueling the growth of the silicone additives market in this region.

By function, the market is segmented as, Defoamers, Rheological Modifiers, Surfactants, wetting and dispersing agents, Lubricating Agents, levelling, adhesion, water resistance, abrasion & mar resistance.

Regarding the application, the market is segmented as Plastics & Composites, Paper & Pulp, Personal & Home Care, Food & Beverage, Chemicals and Oil & Gas, Agriculture and others. Personal & Homecare segmented as personal care, home care. Others consist of construction, textile.

Global Silicone Additives Market Trends

• September 7, 2017, Evonik has again been included in the prestigious Dow Jones Sustainability Indices (DJSI) Europe and DJSI World, achieving maximum results in the criteria innovation management, climate strategy, and customer relationship management.
• June 29, 2017, Essen. Evonik Industries AG has today successfully issued for the first time a hybrid bond with a nominal value of €500 million in the debt capital market.

 Global Silicone Additives Market Research Report:

 An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and Global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market

Major Key players are as follows.

• Evonik
• Dow Corning
• Shin-Etsu
• Elkem
• KCC Corporation
• Siltech
• Wacker

Along with these companies, there were many other companies considered/cited in the report while analyzing the  Silicone Additives market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.