Market Overview:
The global methyl silicone resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for methyl silicone resins from various end-use industries, such as automotive, paints and coatings, industrial, electrical and electronics, consumer goods and others. In terms of volume, Asia Pacific is expected to lead the global methyl silicone resin market during the forecast period.
Product Definition:
Methyl silicone resins are a type of synthetic resin that is made from methyl siliconates. They are important because they can be used to make coatings, sealants, and adhesives that are resistant to high temperatures and chemicals.
Flakes:
Flakes, also known as silica flake is a type of precipitated silicon dioxide used in the manufacturing of methyl silicone resins. It has high thermal stability and low volatility which makes it suitable for use in various applications such as adhesives, sealants and coating industries. The growth factor for flakes is estimated to be around 1.5 times higher than that of other sources such as gels or liquids owing to its unique mechanism involving rapid solidification during the reaction time.
Powder:
Powder is a fine, dry, and tasteless solid material made up of organic compounds. It can be used as an additive to enhance the properties of resins in molding or powder coating processes. Powder form has better flow characteristics than liquid resin which makes it ideal for high production rates.
Methyl silicone resin (MSR) market is expected to grow at a significant rate owing to its increasing demand from various end-use industries such as automotive & transportation.
Application Insights:
The global methyl silicone resins market is segmented on the basis of application into automotive, paints and coatings, industrial, electrical and electronics, consumer goods, and others. In terms of volume applications in other industries include adhesives/sealants/bonders as well as lubricants. The automotive sector was the largest revenue generating segment for Methyl Silicone Resins in 2017 owing to increasing demand for silicones from various markets such as interior trim components (trim rings/button cells), body exterior parts (bumper plates), powertrain components (pistons & liner kits), suspension bushings & mounts along with engine componentry such as intake manifolds & gaskets.
Paints and coatings emerged as a significant sub-segment within the automotive industry due to growing demand from various markets including architectural designs that utilize these products for coating or laminating purposes.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a significant growth owing to rising product demand from various end-use industries, including automotive, paints and coatings, consumer goods, construction materials and others. China emerged as one of the largest consumers of GM silicone resins across the globe on account of easy availability at low cost coupled with high domestic consumption levels.
The growing manufacturing sector in India has resulted in increased consumption levels for industrial applications such as glazing systems used for electrical appliances assembly or packaging machinery within companies. In addition, rising foreign investments coupled with favorable government policies are likely to boost industrial development across several sectors such as textiles and fabrics; food processing; pharmaceuticals; chemicals; automobile components etc., which will further propel industry growth over the coming years.
Growth Factors:
- Increasing demand for methyl silicone resins from the automotive and construction industries as a result of their superior properties such as heat resistance, weathering resistance, and electrical insulation.
- Growing demand for methyl silicone resins in Asia Pacific due to the expanding manufacturing sector and rising disposable income levels of consumers.
- Rising use of methyl silicone resins in medical applications owing to their biocompatibility and non-toxicity properties.
- Increasing research and development activities by manufacturers to develop new products with better performance characteristics than traditional ones.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Silicone Resins Market Research Report
By Type
Flakes, Powder, Liquid
By Application
Automotive, Paints and Coatings, Industrial, Electrical and Electronics, Consumer Goods, Others
By Companies
Dow Chemical Company, Evonik, Wacker Chemie, Elkem, Momentive, Siltech Corporation, SiSiB SILICONES (PCC Group), Jiang Xi Xin Jia Yi New Materials, Iota Silicone Oil (Anhui), Hubei Jia Yun Chemical Technology, Genesee Polymers Corporation, Hubei Xinsihai Chemical Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Silicone Resins Market Report Segments:
The global Methyl Silicone Resins market is segmented on the basis of:
Types
Flakes, Powder, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Paints and Coatings, Industrial, Electrical and Electronics, Consumer Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow Chemical Company
- Evonik
- Wacker Chemie
- Elkem
- Momentive
- Siltech Corporation
- SiSiB SILICONES (PCC Group)
- Jiang Xi Xin Jia Yi New Materials
- Iota Silicone Oil (Anhui)
- Hubei Jia Yun Chemical Technology
- Genesee Polymers Corporation
- Hubei Xinsihai Chemical Engineering
Highlights of The Methyl Silicone Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flakes
- Powder
- Liquid
- By Application:
- Automotive
- Paints and Coatings
- Industrial
- Electrical and Electronics
- Consumer Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methyl Silicone Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methyl silicone resins are a type of silicone that is derived from methylsiloxane. They are used in a variety of products, including cosmetics and personal care items. Methyl silicone resins are resistant to water and oil, which makes them ideal for products that need to be resistant to both moisture and grease.
Some of the major companies in the methyl silicone resins market are Dow Chemical Company, Evonik, Wacker Chemie, Elkem, Momentive, Siltech Corporation, SiSiB SILICONES (PCC Group), Jiang Xi Xin Jia Yi New Materials, Iota Silicone Oil (Anhui), Hubei Jia Yun Chemical Technology, Genesee Polymers Corporation, Hubei Xinsihai Chemical Engineering.
The methyl silicone resins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methyl Silicone Resins Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Methyl Silicone Resins Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Methyl Silicone Resins Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Methyl Silicone Resins Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Methyl Silicone Resins Market Size & Forecast, 2018-2028 4.5.1 Methyl Silicone Resins Market Size and Y-o-Y Growth 4.5.2 Methyl Silicone Resins Market Absolute $ Opportunity
Chapter 5 Global Methyl Silicone Resins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Methyl Silicone Resins Market Size Forecast by Type
5.2.1 Flakes
5.2.2 Powder
5.2.3 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Methyl Silicone Resins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Methyl Silicone Resins Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Paints and Coatings
6.2.3 Industrial
6.2.4 Electrical and Electronics
6.2.5 Consumer Goods
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methyl Silicone Resins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Methyl Silicone Resins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Methyl Silicone Resins Analysis and Forecast
9.1 Introduction
9.2 North America Methyl Silicone Resins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Methyl Silicone Resins Market Size Forecast by Type
9.6.1 Flakes
9.6.2 Powder
9.6.3 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Methyl Silicone Resins Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Paints and Coatings
9.10.3 Industrial
9.10.4 Electrical and Electronics
9.10.5 Consumer Goods
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Methyl Silicone Resins Analysis and Forecast
10.1 Introduction
10.2 Europe Methyl Silicone Resins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Methyl Silicone Resins Market Size Forecast by Type
10.6.1 Flakes
10.6.2 Powder
10.6.3 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Methyl Silicone Resins Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Paints and Coatings
10.10.3 Industrial
10.10.4 Electrical and Electronics
10.10.5 Consumer Goods
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Methyl Silicone Resins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Methyl Silicone Resins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Methyl Silicone Resins Market Size Forecast by Type
11.6.1 Flakes
11.6.2 Powder
11.6.3 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Methyl Silicone Resins Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Paints and Coatings
11.10.3 Industrial
11.10.4 Electrical and Electronics
11.10.5 Consumer Goods
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Methyl Silicone Resins Analysis and Forecast
12.1 Introduction
12.2 Latin America Methyl Silicone Resins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Methyl Silicone Resins Market Size Forecast by Type
12.6.1 Flakes
12.6.2 Powder
12.6.3 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Methyl Silicone Resins Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Paints and Coatings
12.10.3 Industrial
12.10.4 Electrical and Electronics
12.10.5 Consumer Goods
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Methyl Silicone Resins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Methyl Silicone Resins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Methyl Silicone Resins Market Size Forecast by Type
13.6.1 Flakes
13.6.2 Powder
13.6.3 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Methyl Silicone Resins Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Paints and Coatings
13.10.3 Industrial
13.10.4 Electrical and Electronics
13.10.5 Consumer Goods
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Methyl Silicone Resins Market: Competitive Dashboard
14.2 Global Methyl Silicone Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow Chemical Company
14.3.2 Evonik
14.3.3 Wacker Chemie
14.3.4 Elkem
14.3.5 Momentive
14.3.6 Siltech Corporation
14.3.7 SiSiB SILICONES (PCC Group)
14.3.8 Jiang Xi Xin Jia Yi New Materials
14.3.9 Iota Silicone Oil (Anhui)
14.3.10 Hubei Jia Yun Chemical Technology
14.3.11 Genesee Polymers Corporation
14.3.12 Hubei Xinsihai Chemical Engineering