Market Overview:
The global silicone coating material market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for silicone coatings from various end-use industries, such as energy, electronics, and transportation. In terms of type, the global silicone coating material market is segmented into single component and two-component coatings. Single component coatings are further sub-segmented into solvent-based and waterborne coatings. Two-component coatings are further sub-segmented into reactive and nonreactive systems. In terms of application, the global silicone coating material market is segmented into energy application, electronic application, transportation application, and other applications (including construction & infrastructure). The energy application segment is expected to account for the largest share of the global silicone coating material market in 2018 owing to increasing demand for these products from various end users in this sector such as oil & gas refineries and power generation plants.
Product Definition:
A silicone coating is a polymer that is derived from silica, one of the most abundant minerals on Earth. It can be used to coat other materials to improve their properties. Silicone coatings are often used in industrial applications because they are resistant to heat, chemicals, and weathering. They can also be applied as a sealant to protect surfaces from water and moisture.
Single Conponent:
Single Conponent (1C) silicone coating material is a type of silicone-based elastomer that has high resistance to solvents, acids and bases. It offers excellent adhesion to substrates such as metal, glass, plastic and fiber. Single conponent coating materials are widely used in food & beverage packaging applications owing to their low volatile organic compound (VOC) content which makes them suitable for use in the food industry.
Two-Conponent:
The two-conponent technology is used in silicone coating material to provide an anti-slip surface. The product is widely used in the food packaging industry owing to its excellent water repellent and high gloss properties.
Increasing demand for sustainable materials with low VOC content has been a major factor driving the global silicone coatings market over the past few years.
Application Insights:
The energy application segment accounted for the largest revenue share of over 30% in 2017. The rising demand for silicones in various end-use industries including automotive, construction and electronics is expected to drive the product demand over the forecast period. In addition, increasing government initiatives regarding renewable energy are further anticipated to propel market growth during the study period.
Electronic application is estimated to be one of the fastest growing segments at a CAGR of XX% from 2018 to 2030 owing to properties such as high heat resistance and electrical insulation offered by these coatings which make them suitable for use in electronic products such as mobile phones, laptops and refrigerators among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising industrialization, rapid urbanization, increasing per capita income levels coupled with government initiatives for infrastructure development. China is projected to remain a key consumer owing to its large-scale production of electronic products and automotive components.
Europe accounted for a significant share in terms of volume as well as revenue in 2017 owing mainly to high demand from Germany, France and U.K., which are among the major automobile producers across Europe. North America also contributed significantly towards market growth due primarily by growing automotive industry along with energy sector recovery post Covid-19 pandemic situation in U.S., Mexico & Canada countries since 2016/2017 winter season till now (2 years).
Growth Factors:
- Increasing demand from end-use industries: The global silicone coating material market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, construction, and electrical & electronics.
- Rising awareness about the benefits of silicone coatings: There is a growing awareness among consumers about the benefits of using silicone coatings, which is propelling the growth of this market.
- Technological advancements in silicone coating materials: The technological advancements in silicone coating materials are helping manufacturers to offer better quality products with improved performance and durability. This is resulting in an increase in their adoption across various applications.
- Growing investments by key players for R&D activities: Key players are investing heavily in R&D activities to develop new and innovative products that can cater to the changing needs of consumers worldwide. This is helping them stay ahead of their competitors and expand their market share globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Coating Material Market Research Report
By Type
Single Conponent, Two-Conponent
By Application
Energy Application, Electronic Application, Transportation Application
By Companies
Shinetsu, Momentive, Trelleborg Engineered Coated Fabrics, SKF, Freudenberg, KCC Corporation, Dow Chemical Company, Gelest, Jamak, Wacker Chemie
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Coating Material Market Report Segments:
The global Silicone Coating Material market is segmented on the basis of:
Types
Single Conponent, Two-Conponent
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
Energy Application, Electronic Application, Transportation Application
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:
- Shinetsu
- Momentive
- Trelleborg Engineered Coated Fabrics
- SKF
- Freudenberg
- KCC Corporation
- Dow Chemical Company
- Gelest
- Jamak
- Wacker Chemie
Highlights of The Silicone Coating Material 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:
- Single Conponent
- Two-Conponent
- By Application:
- Energy Application
- Electronic Application
- Transportation Application
- 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 Silicone Coating Material 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Silicone coating material is a type of coating that is made from silicone. It is used to protect objects from moisture and other elements.
Some of the major companies in the silicone coating material market are Shinetsu, Momentive, Trelleborg Engineered Coated Fabrics, SKF, Freudenberg, KCC Corporation, Dow Chemical Company, Gelest, Jamak, Wacker Chemie.
The silicone coating material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicone Coating Material 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 Silicone Coating Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicone Coating Material 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 Silicone Coating Material 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 Silicone Coating Material Market Size & Forecast, 2020-2028
4.5.1 Silicone Coating Material Market Size and Y-o-Y Growth
4.5.2 Silicone Coating Material Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Single Conponent
5.2.2 Two-Conponent
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Energy Application
6.2.2 Electronic Application
6.2.3 Transportation Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Coating Material 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 Silicone Coating Material 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Single Conponent
9.6.2 Two-Conponent
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 Market Size Forecast by Applications
9.10.1 Energy Application
9.10.2 Electronic Application
9.10.3 Transportation Application
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Single Conponent
10.6.2 Two-Conponent
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 Market Size Forecast by Applications
10.10.1 Energy Application
10.10.2 Electronic Application
10.10.3 Transportation Application
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Single Conponent
11.6.2 Two-Conponent
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 Market Size Forecast by Applications
11.10.1 Energy Application
11.10.2 Electronic Application
11.10.3 Transportation Application
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Single Conponent
12.6.2 Two-Conponent
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 Market Size Forecast by Applications
12.10.1 Energy Application
12.10.2 Electronic Application
12.10.3 Transportation Application
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Single Conponent
13.6.2 Two-Conponent
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) Market Size Forecast by Applications
13.10.1 Energy Application
13.10.2 Electronic Application
13.10.3 Transportation Application
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 Silicone Coating Material Market: Competitive Dashboard
14.2 Global Silicone Coating Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shinetsu
14.3.2 Momentive
14.3.3 Trelleborg Engineered Coated Fabrics
14.3.4 SKF
14.3.5 Freudenberg
14.3.6 KCC Corporation
14.3.7 Dow Chemical Company
14.3.8 Gelest
14.3.9 Jamak
14.3.10 Wacker Chemie
