Market Overview:
MQ resins are a type of silicone resin that is used in a variety of applications. The global MQ resin market is segmented by type, application, and region. By type, the market is divided into me-silicone MQ resin, vi-silicone MQ resin, methyl hydrogen MQ resin, methyl phenyl MQ resin and other types. The me-silicone MQ resins segment is expected to dominate the global market during the forecast period owing to its properties such as low viscosity and good compatibility with other silicones. By application, the market is classified into silicon rubber industry; personal care products industry; modifying agents for polymers; coatings & sealants industry; adhesives & sealants industry and others. Silicon rubber accounts for the largest share of the global MQ resin market due to its growing demand from end-use industries such as automotive and construction.
Product Definition:
MQ resin is a thermoset polymer. It is used as a binder in adhesives, sealants, coatings, and composites.
Me- Silicone MQ resin:
It is a kind of high-performance silicone resin, which has the ability to replace metal and plastic parts in various devices. It can be used for manufacturing consumer electronic products such as smartphones, laptops, smartwatches and other wearable devices. The market size was estimated at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2025 due to its increasing demand from smartphone manufacturers including Samsung Electronics Co., Ltd., LG Electronics Inc.
Vi- Silicone MQ resin:
Vi-Silicone MQ resin is a unique crosslinkable silicone elastomer developed by Evonik. It has the ability to form flexible and tough crosslinks when exposed to moisture, which gives it a high resistance against thermal cycling and UV degradation.
Application Insights:
Silicon rubber was the largest application segment in 2017 and is projected to continue its dominance over the forecast period. Silicon rubber is used as a raw material for producing various products such as tires, adhesives, sealants, and gaskets. The global silicon rubber market has been witnessing significant growth on account of increasing demand from automotive industry for manufacturing tires with improved performance characteristics.
MQ resins are also widely utilized in personal care products to provide flexibility to lotions & creams while maintaining their shape and properties. Personal care product manufacturers use MQ resins due to their excellent softening ability which enables them perform better than other types of waxes & oils when it comes to melting point and viscosity at low temperatures (below 25oC). This property also helps prevent hardening or crystallization of ingredients during storage or transit resulting in an unappealing appearance of the end-product which is likelyto attract consumers towards it.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as automotive, electronics, and construction. China is one of the largest producers of MQ resins globally and this trend is expected to continue over the next eight years due to low raw material cost coupled with easy availability of land for expansion purposes.
The personal care industry in Asia Pacific has witnessed exponential growth since past few years on account rising disposable income among consumers coupled with changing lifestyles resulting into increased spending on grooming products such as hair care formulations which includes skin care creams, lotions, sun tanning products etc., thereby driving product demand across various application segments including lubricants & greases and adhesives & sealants. This will further drive regional market development over next eight years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Rising demand for composites in lightweight vehicles to reduce fuel consumption
- Growing popularity of MQ resin in wind energy applications for rotor blades and nacelles
- Increasing use of MQ resin in marine applications for boat hulls and decks
- Development of new grades of MQ resin with improved properties
Scope Of The Report
Report Attributes
Report Details
Report Title
MQ Resin Market Research Report
By Type
Me- Silicone MQ resin, Vi- Silicone MQ resin, Methyl hydrogen MQ resin, Methyl phenyl MQ resin, Other
By Application
Silicon Rubber, Personal Care, Modifying Agents
By Companies
Dow (US), Wacker(Germany), Milliken(US), Siltech(Canada), Grant Industries(US), Momentive(US), Shandong Dayi Chemical(China), Shin-Etsu Silicones(Japan), Hubei Jiayun Chemical(China), KCC(South Korea), Jiaxing United Chemical(China), Power Chemical Corporation(China), Genesee Polymers Corporation(China)
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global MQ Resin Market Report Segments:
The global MQ Resin market is segmented on the basis of:
Types
Me- Silicone MQ resin, Vi- Silicone MQ resin, Methyl hydrogen MQ resin, Methyl phenyl MQ resin, Other
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
Silicon Rubber, Personal Care, Modifying Agents
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 (US)
- Wacker(Germany)
- Milliken(US)
- Siltech(Canada)
- Grant Industries(US)
- Momentive(US)
- Shandong Dayi Chemical(China)
- Shin-Etsu Silicones(Japan)
- Hubei Jiayun Chemical(China)
- KCC(South Korea)
- Jiaxing United Chemical(China)
- Power Chemical Corporation(China)
- Genesee Polymers Corporation(China)
Highlights of The MQ Resin 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:
- Me- Silicone MQ resin
- Vi- Silicone MQ resin
- Methyl hydrogen MQ resin
- Methyl phenyl MQ resin
- Other
- By Application:
- Silicon Rubber
- Personal Care
- Modifying Agents
- 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 MQ Resin 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
MQ resin is a type of thermoplastic resin that is used in the manufacturing of products such as plastic parts, toys, and other consumer goods. It is also used in the production of medical devices and prosthetic components. MQ resin can be heat-treated to improve its durability and performance.
Some of the key players operating in the mq resin market are Dow (US), Wacker(Germany), Milliken(US), Siltech(Canada), Grant Industries(US), Momentive(US), Shandong Dayi Chemical(China), Shin-Etsu Silicones(Japan), Hubei Jiayun Chemical(China), KCC(South Korea), Jiaxing United Chemical(China), Power Chemical Corporation(China), Genesee Polymers Corporation(China).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MQ Resin 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 MQ Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MQ Resin 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 MQ Resin 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 MQ Resin Market Size & Forecast, 2018-2028
4.5.1 MQ Resin Market Size and Y-o-Y Growth
4.5.2 MQ Resin Market Absolute $ Opportunity
Chapter 5 Global MQ Resin 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 MQ Resin Market Size Forecast by Type
5.2.1 Me- Silicone MQ resin
5.2.2 Vi- Silicone MQ resin
5.2.3 Methyl hydrogen MQ resin
5.2.4 Methyl phenyl MQ resin
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MQ Resin 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 MQ Resin Market Size Forecast by Applications
6.2.1 Silicon Rubber
6.2.2 Personal Care
6.2.3 Modifying Agents
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MQ Resin 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 MQ Resin 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 MQ Resin Analysis and Forecast
9.1 Introduction
9.2 North America MQ Resin 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 MQ Resin Market Size Forecast by Type
9.6.1 Me- Silicone MQ resin
9.6.2 Vi- Silicone MQ resin
9.6.3 Methyl hydrogen MQ resin
9.6.4 Methyl phenyl MQ resin
9.6.5 Other
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 MQ Resin Market Size Forecast by Applications
9.10.1 Silicon Rubber
9.10.2 Personal Care
9.10.3 Modifying Agents
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 MQ Resin Analysis and Forecast
10.1 Introduction
10.2 Europe MQ Resin 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 MQ Resin Market Size Forecast by Type
10.6.1 Me- Silicone MQ resin
10.6.2 Vi- Silicone MQ resin
10.6.3 Methyl hydrogen MQ resin
10.6.4 Methyl phenyl MQ resin
10.6.5 Other
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 MQ Resin Market Size Forecast by Applications
10.10.1 Silicon Rubber
10.10.2 Personal Care
10.10.3 Modifying Agents
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 MQ Resin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MQ Resin 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 MQ Resin Market Size Forecast by Type
11.6.1 Me- Silicone MQ resin
11.6.2 Vi- Silicone MQ resin
11.6.3 Methyl hydrogen MQ resin
11.6.4 Methyl phenyl MQ resin
11.6.5 Other
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 MQ Resin Market Size Forecast by Applications
11.10.1 Silicon Rubber
11.10.2 Personal Care
11.10.3 Modifying Agents
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 MQ Resin Analysis and Forecast
12.1 Introduction
12.2 Latin America MQ Resin 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 MQ Resin Market Size Forecast by Type
12.6.1 Me- Silicone MQ resin
12.6.2 Vi- Silicone MQ resin
12.6.3 Methyl hydrogen MQ resin
12.6.4 Methyl phenyl MQ resin
12.6.5 Other
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 MQ Resin Market Size Forecast by Applications
12.10.1 Silicon Rubber
12.10.2 Personal Care
12.10.3 Modifying Agents
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) MQ Resin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MQ Resin 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) MQ Resin Market Size Forecast by Type
13.6.1 Me- Silicone MQ resin
13.6.2 Vi- Silicone MQ resin
13.6.3 Methyl hydrogen MQ resin
13.6.4 Methyl phenyl MQ resin
13.6.5 Other
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) MQ Resin Market Size Forecast by Applications
13.10.1 Silicon Rubber
13.10.2 Personal Care
13.10.3 Modifying Agents
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 MQ Resin Market: Competitive Dashboard
14.2 Global MQ Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow (US)
14.3.2 Wacker(Germany)
14.3.3 Milliken(US)
14.3.4 Siltech(Canada)
14.3.5 Grant Industries(US)
14.3.6 Momentive(US)
14.3.7 Shandong Dayi Chemical(China)
14.3.8 Shin-Etsu Silicones(Japan)
14.3.9 Hubei Jiayun Chemical(China)
14.3.10 KCC(South Korea)
14.3.11 Jiaxing United Chemical(China)
14.3.12 Power Chemical Corporation(China)
14.3.13 Genesee Polymers Corporation(China)
