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Silicone Coatings Market to Reach USD6 Bn by 2020: MarketsandMarkets

Published on 2015-03-04. Author : SpecialChem

The report “Silicone Coatings Market by Type (Additives, Polymers, 100% Silicone, Water Repellents Silicone), by End-User Industry (Construction, Automotive, Consumer Electronics, Plastic Processing & Manufacturing) - Global Forecast to 2020”, report analyzes the global silicone Coating market with respect to market drivers, restraints, and opportunities in different regions.

The global silicone Coating market is successfully penetrating the end-user industries. The end products are tailor-made as per the requirements of the end-user industries. The Asia-Pacific region is the fastest-growing segment of the global silicone Coating market. This growth is mainly attributed by heavy investment across construction industries, and increasing population and per capita income. The Asia-Pacific and RoW markets are estimated to grow in the next five years while the allied industries are projected to stabilize the overall business need in the respective region.
Asia-Pacific is the largest market, both in terms of volume and value, followed by Europe. China, India, South Korea, Brazil, and Middle-East are projected to continue being successful Silicone Coating markets. The key players in this market are Dow Corning Corporation (U.S.), Wacker Chemie A.G. (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co.,Ltd  (Japan), and China National Bluestar (Group) Co., Ltd (China).
The Asia-Pacific (China, India, Japan, and South Korea) and RoW regions such as Middle East and Brazil, will host the future global events would supplement the growth of silicone Coating in different applications.
The silicone Coating demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, new products launch, expansions, agreements & collaboration and research and developments of the leading global companies.
The current market size of the silicone Coating in terms of value was projected to reach $6 billion by 2020, growing at a CAGR of 8.2% between 2015 and 2020.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. 

Source: MarketsandMarkets

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