Market Overview:
The global silicone modified polyester resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for coil coating, industry, building, metal appliances, non-stick pans and screen printing applications are some of the major factors driving the growth of this market. In terms of volume, the North America region is expected to lead the global silicone modified polyester resin market during the forecast period.
Product Definition:
A silicone modified polyester resin is a type of plastic that has been chemically modified to include silicon. This makes the resin more durable and resistant to heat and chemicals. It is often used in manufacturing products such as car parts, pipes, and electrical insulation.
50% Silicone:
It has similar properties as that of normal silicone, but at low cost and high efficiency. 50% silicone is used in applications such as gaskets, seals, O-rings & other rubber products where resistance to extreme temperatures or chemicals are required.
80% Silicone:
80% silicone is a type of polyethersiloxane. It has similar properties as that of polyethylene but with higher heat resistance and lower density. 80% silicone is used in the production of high-quality flexible Silicone Modified Polyester Resin (SMR). The resin finds application in various industries such as construction, automotive, electrical & electronics and consumer goods among others.
The global market for SMR was estimated at USD 3,853 million in 2015.
Application Insights:
The industry application segment led the global silicone modified polyester resin market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing product demand from various industries including automotive, construction, electronics, and packaging among others.
Silicone resins are used as an alternative for TPO rubber in manufacturing non-stick coatings owing to their superior properties such as low oil absorption, high hardness & toughness ratio along with excellent adhesion & flexibility which makes them a popular choice for industrial coating applications. The growing popularity of coated products such as cookware has been driving the industry demand over recent years.
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 product demand from industries including automotive, construction, packaging, and manufacturing. China is one of the largest markets for industrial silicone modified polyester resin owing to low labor cost coupled with easy availability of raw materials.
The Asia Pacific was followed by Europe in terms of revenue as well as volume consumption in 2017 due to growing automobile industry especially Germany’s automotive industry which has led Europe's silicone modified polyester resin market growth over the forecast period. North America emerged as a significant consumer due to high demand from screen printing application segment on account off high quality standards set by U.S.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising demand for lightweight and durable materials in automotive sector
- Growing popularity of silicone modified polyester resin in wind energy sector
- Increasing investments in research and development activities to develop new applications for silicone modified polyester resin
- Growing number of partnerships and collaborations between manufacturers and research institutes to develop innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Modified Polyester Resin Market Research Report
By Type
50% Silicone, 80% Silicone, 30% Silicone
By Application
Coil Coating, Industry, Building, Metal Appliances, Non-Stick Pans, Screen Printing, Glass
By Companies
Vicwest Building Products, Dura Coat Products, Eternal Materials, GEO Specialty Chemicals, Metal Coaters, Evonik Industries, The Valspar, Royal Gent Industrial, GrandTek Materials, PPG Industries, Vicwest Building Products
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Modified Polyester Resin Market Report Segments:
The global Silicone Modified Polyester Resin market is segmented on the basis of:
Types
50% Silicone, 80% Silicone, 30% Silicone
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
Coil Coating, Industry, Building, Metal Appliances, Non-Stick Pans, Screen Printing, Glass
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:
- Vicwest Building Products
- Dura Coat Products
- Eternal Materials
- GEO Specialty Chemicals
- Metal Coaters
- Evonik Industries
- The Valspar
- Royal Gent Industrial
- GrandTek Materials
- PPG Industries
- Vicwest Building Products
Highlights of The Silicone Modified Polyester 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:
- 50% Silicone
- 80% Silicone
- 30% Silicone
- By Application:
- Coil Coating
- Industry
- Building
- Metal Appliances
- Non-Stick Pans
- Screen Printing
- Glass
- 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 Modified Polyester 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
- 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 Modified Polyester Resin is a type of resin that is made from silicone and polyester. It is often used in products that need to be resistant to water, oil, and other chemicals.
Some of the major companies in the silicone modified polyester resin market are Vicwest Building Products, Dura Coat Products, Eternal Materials, GEO Specialty Chemicals, Metal Coaters, Evonik Industries, The Valspar, Royal Gent Industrial, GrandTek Materials, PPG Industries, Vicwest Building Products.
The silicone modified polyester resin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicone Modified Polyester 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 Silicone Modified Polyester Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicone Modified Polyester 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 Silicone Modified Polyester 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 Silicone Modified Polyester Resin Market Size & Forecast, 2020-2028
4.5.1 Silicone Modified Polyester Resin Market Size and Y-o-Y Growth
4.5.2 Silicone Modified Polyester Resin 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 50% Silicone
5.2.2 80% Silicone
5.2.3 30% Silicone
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 Coil Coating
6.2.2 Industry
6.2.3 Building
6.2.4 Metal Appliances
6.2.5 Non-Stick Pans
6.2.6 Screen Printing
6.2.7 Glass
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Modified Polyester 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 Silicone Modified Polyester 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 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 50% Silicone
9.6.2 80% Silicone
9.6.3 30% Silicone
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 Coil Coating
9.10.2 Industry
9.10.3 Building
9.10.4 Metal Appliances
9.10.5 Non-Stick Pans
9.10.6 Screen Printing
9.10.7 Glass
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 50% Silicone
10.6.2 80% Silicone
10.6.3 30% Silicone
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 Coil Coating
10.10.2 Industry
10.10.3 Building
10.10.4 Metal Appliances
10.10.5 Non-Stick Pans
10.10.6 Screen Printing
10.10.7 Glass
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 50% Silicone
11.6.2 80% Silicone
11.6.3 30% Silicone
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 Coil Coating
11.10.2 Industry
11.10.3 Building
11.10.4 Metal Appliances
11.10.5 Non-Stick Pans
11.10.6 Screen Printing
11.10.7 Glass
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 50% Silicone
12.6.2 80% Silicone
12.6.3 30% Silicone
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 Coil Coating
12.10.2 Industry
12.10.3 Building
12.10.4 Metal Appliances
12.10.5 Non-Stick Pans
12.10.6 Screen Printing
12.10.7 Glass
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 50% Silicone
13.6.2 80% Silicone
13.6.3 30% Silicone
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 Coil Coating
13.10.2 Industry
13.10.3 Building
13.10.4 Metal Appliances
13.10.5 Non-Stick Pans
13.10.6 Screen Printing
13.10.7 Glass
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 Modified Polyester Resin Market: Competitive Dashboard
14.2 Global Silicone Modified Polyester Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vicwest Building Products
14.3.2 Dura Coat Products
14.3.3 Eternal Materials
14.3.4 GEO Specialty Chemicals
14.3.5 Metal Coaters
14.3.6 Evonik Industries
14.3.7 The Valspar
14.3.8 Royal Gent Industrial
14.3.9 GrandTek Materials
14.3.10 PPG Industries
14.3.11 Vicwest Building Products
