Global Silicone Resins

Global Silicone Resins

Global demand for silicone resins is expected to rise 3.5% per year to 246,900 metric tons in 2028, with value demand approaching $2.8 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:

• paint and coatings
• sealants and caulks
• other functions, such as pressure-sensitive adhesives, and protective coatings for LEDs and other electronic products

Markets include:

• construction
• transportation equipment
• electrical products
• chemicals and plastics
• personal care products
• electronic products
• medical and healthcare
• other (textile production and paper production)

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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