Market Overview:
The global silicone spray 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 silicone spray in various applications such as industrial, automotive and transportation, furniture, and others. Silicone spray is used as a lubricant for various purposes such as reducing friction between two surfaces, protecting metal parts from corrosion, and others. It is also used as a water resistant coating for protection against water damage. Additionally, it helps in improving the appearance of objects by providing a glossy finish. These factors are expected to drive the growth of the global silicone spray market during the forecast period.
Product Definition:
silicone spray is a product that is used to help protect metal from corrosion, and to help lubricate moving parts.
Lubricant:
Lubricant is a substance introduced to reduce friction between two surfaces. It can be natural or synthetic in nature, however, the most commonly used ones are mineral oil and petroleum based. Lubricants are widely used in industries such as automotive, construction equipment manufacturing and material handling where there is heavy physical movement involved.
Water Resistant:
Water-resistant silicone is a type of high-performance silicones that are manufactured to have higher resistance towards water than other types. It has applications in various industries including construction, automotive and electrical & electronics. The product finds its major application in the form of sealants, gaskets and O-rings due to its excellent sealing properties under extreme conditions.
The global water resistant silicone market size was valued at USD 557 million in 2016.
Application Insights:
The automotive and transportation segment accounted for the largest revenue share of over 30% in 2017. The global silicone spray market is witnessing significant growth owing to its rising demand from various industries including automotive, aerospace, marine and transport. Automotive sector emerged as a dominant application segment in 2017 with a market share of over 30%. Various applications such as engine oil, transmission fluids, brake fluid and lubricants are boosting the product demand globally.
Industrial machinery is expected to be one of the fastest growing segments at an estimated CAGR of XX% from 2018 to 2030 on account of increasing product penetration in industrial lubrication applications such as metal working machinery components that require resistance against oils & greases during long hours of operation without any signoff or shutdowns caused due to contamination or failure will drive industry expansion further driving Silicone Spray market growth across various end-use industries worldwide.
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 various end-use industries, such as industrial, automotive and transportation, construction. China is one of the largest markets for silicone sprays across Asia Pacific due to rapid industrialization coupled with large-scale investments in infrastructural development by Chinese government.
The growing manufacturing sector in India has led to an increase in production activities across different industry verticals such as chemicals and petrochemicals among others which has resulted into high product consumption by application areas such as lubricants and greases.
North America accounted for a significant share owing to strong presence of major manufacturers coupled with developed economies like U.S.
Growth Factors:
- Increasing demand from the automotive industry for silicone spray as a lubricant and sealant is expected to drive the market growth.
- Rising demand for silicone spray in construction and manufacturing industries is also anticipated to fuel the market growth over the forecast period.
- Growing popularity of silicone-based products among consumers owing to their properties such as heat resistance, non-toxicity, and durability is projected to boost the market growth.
- Technological advancements in production processes are likely to provide opportunities for Silicone Spray manufacturers over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Spray Market Research Report
By Type
Lubricant, Water Resistant, Others
By Application
Industrial, Automotive and Transportation, Furniture, Others
By Companies
3M, Zettex, DuPont, Liquid Wrench, B'laster, WD-40, CRC, Permatex, Tstar Aerosol, Bans Aerosol, 3M
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Spray Market Report Segments:
The global Silicone Spray market is segmented on the basis of:
Types
Lubricant, Water Resistant, Others
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
Industrial, Automotive and Transportation, Furniture, 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:
- 3M
- Zettex
- DuPont
- Liquid Wrench
- B'laster
- WD-40
- CRC
- Permatex
- Tstar Aerosol
- Bans Aerosol
- 3M
Highlights of The Silicone Spray 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:
- Lubricant
- Water Resistant
- Others
- By Application:
- Industrial
- Automotive and Transportation
- Furniture
- 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 Silicone Spray 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 spray is a type of aerosol that is made up of silicone and compressed air. It is used to coat surfaces to make them waterproof or resistant to water, oil, or other substances.
Some of the major companies in the silicone spray market are 3M, Zettex, DuPont, Liquid Wrench, B'laster, WD-40, CRC, Permatex, Tstar Aerosol, Bans Aerosol, 3M.
The silicone spray 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 Spray 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 Spray Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicone Spray 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 Spray 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 Spray Market Size & Forecast, 2018-2028
4.5.1 Silicone Spray Market Size and Y-o-Y Growth
4.5.2 Silicone Spray Market Absolute $ Opportunity
Chapter 5 Global Silicone Spray 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 Silicone Spray Market Size Forecast by Type
5.2.1 Lubricant
5.2.2 Water Resistant
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Silicone Spray 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 Silicone Spray Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Automotive and Transportation
6.2.3 Furniture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Spray 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 Spray 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 Silicone Spray Analysis and Forecast
9.1 Introduction
9.2 North America Silicone Spray 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 Silicone Spray Market Size Forecast by Type
9.6.1 Lubricant
9.6.2 Water Resistant
9.6.3 Others
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 Silicone Spray Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Automotive and Transportation
9.10.3 Furniture
9.10.4 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 Silicone Spray Analysis and Forecast
10.1 Introduction
10.2 Europe Silicone Spray 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 Silicone Spray Market Size Forecast by Type
10.6.1 Lubricant
10.6.2 Water Resistant
10.6.3 Others
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 Silicone Spray Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Automotive and Transportation
10.10.3 Furniture
10.10.4 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 Silicone Spray Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Silicone Spray 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 Silicone Spray Market Size Forecast by Type
11.6.1 Lubricant
11.6.2 Water Resistant
11.6.3 Others
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 Silicone Spray Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Automotive and Transportation
11.10.3 Furniture
11.10.4 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 Silicone Spray Analysis and Forecast
12.1 Introduction
12.2 Latin America Silicone Spray 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 Silicone Spray Market Size Forecast by Type
12.6.1 Lubricant
12.6.2 Water Resistant
12.6.3 Others
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 Silicone Spray Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Automotive and Transportation
12.10.3 Furniture
12.10.4 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) Silicone Spray Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Silicone Spray 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) Silicone Spray Market Size Forecast by Type
13.6.1 Lubricant
13.6.2 Water Resistant
13.6.3 Others
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) Silicone Spray Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Automotive and Transportation
13.10.3 Furniture
13.10.4 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 Silicone Spray Market: Competitive Dashboard
14.2 Global Silicone Spray Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Zettex
14.3.3 DuPont
14.3.4 Liquid Wrench
14.3.5 B'laster
14.3.6 WD-40
14.3.7 CRC
14.3.8 Permatex
14.3.9 Tstar Aerosol
14.3.10 Bans Aerosol
14.3.11 3M
