Lucintel Forecasts The Global Silicone Coating Market To Reach $8 Billion By 2030

By Author: Lucintel LLC
Total Articles: 5866
Comment this article

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
Explore Our Latest Publications
Coatings In Aerospace Market
Fungicides Market
Gold Mining Market
CMOS Image Sensor Market
Adhesives In Global Wind Energy Market
Adhesive Market