Global demand for silicone gels, foams, and pastes is expected to rise 3.6% per year to 60,100 metric tons in 2028, with value demand reaching $1.6 billion in that year. After a period of decelerating or declining demand, this increase in demand is generally supported by accelerating construction and manufacturing activity, improved motor vehicle production, and normalizing prices after a period of restraint due to pandemic-related issues.
This report presents silicone resins demand on the global, regional, and country level, as well as providing demand by market and function. Information on key suppliers is also included.
Functions include:
adhesives, sealants, and caulks
paint and coatings
emollients and conditioning agents
other functions, such as use in electrical and electronic product manufacturing
Markets include:
construction
electronic products
transportation equipment
chemicals and plastics
electrical products
medical and healthcare
personal care products
other (such as solar cell manufacturing)
This report analyzes the scope, size, and growth of the global silicone resins market, including key trends in market segmentation. Historical data are provided for 2013, 2018, and 2023 with forecasts for 2028 and 2033. Data are provided in US dollars and metric tons. Also included is an analysis of the key industry players.
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