Market Overview:
The global spherical silicone resin powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for spherical silicone resin powder in optical industry, coating, and cosmetic applications. In terms of volume, the global spherical silicone resin powder market is projected to reach 1,362 kilotons by 2030. Based on type, the global spherical silicone resin powder market can be segmented into average particle size: 1µm, average particle size: 2µm, average particle size: 5µm, average particle size: 15 µm and other types. Among these types, the average particle size: 1 µm segment is expected to account for a major share of the global market in terms of value and volume during the forecast period. This can be attributed to its growing demand from optical industry applications across different regions worldwide. .
Product Definition:
A spherical silicone resin powder is a type of silicone resin that is ground into small, round particles. This type of silicone resin powder is often used in adhesives, sealants, and coatings. It can also be used as a reinforcing filler in plastics and rubber products.
Average Particle Size: 1µm:
The average particle size of spherical silicone resin powder is 1 µm. It has a significant usage in the production of medical devices and implants such as hip and knee replacements, artificial ligaments, etc. The growth factor for this market is the growing demand from orthopedic surgeries due to increasing geriatric population across the globe coupled with rising incidences of joint disorders & obesity among consumers.
Average Particle Size: 2µm:
The average particle size of spherical silicone resins powder is 2εm. It has an important role in the production process of silicone rubber. The selection of raw materials for manufacturing depends on the desired quality and quantity of final products.
The global market for industrial machinery, automotive & transportation, consumer goods, and electronics is expected to witness significant growth over the forecast period owing to increasing demand from emerging economies such as China.
Application Insights:
Optical industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The product has excellent properties such as low refractive index, high brightness, and high thermal resistance which make it suitable for use in optical products. Moreover, increasing demand for smart glasses is expected to propel growth over the coming years.
The coating sector accounted for a significant share of 11% in terms of revenue on account of excellent powder coatings offered by these products. They are used as an additive during manufacturing process due to their superior characteristics including abrasion resistance, wear & tear resistance and chemical stability which enhance overall performance of paints & coatings thereby boosting market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The regional market is mainly driven by rising product demand from end-use industries, such as coating, optics, and cosmetics. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the next eight years.
The growing manufacturing sector in emerging economies of Asia Pacific including China and India has led to an increased production of optical components which in turn has fueled product demand across this region. Furthermore, rapid industrialization along with a high population density results in a huge consumer base for coatings which are extensively used for packaging among other applications thereby driving industry growth across this region.
Europe accounted for more than 25% share of global revenue on account of high optic fiber production that took place owing to technological advancements coupled with research activities undertaken by major players operating within this industry resulting into increased powder consumption levels compared to other regions globally over the past few years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Rising awareness about the benefits of spherical silicone resin powder over other conventional fillers
- Growing investments by key players in research and development to develop new applications for spherical silicone resin powder
- Rising demand from emerging economies due to growing industrialization and urbanization
- Technological advancements that have led to the development of superior quality spherical silicone resin powders
Scope Of The Report
Report Attributes
Report Details
Report Title
Spherical Silicone Resin Powder Market Research Report
By Type
Average Particle Size: 1µm, Average Particle Size: 2µm, Average Particle Size: 5µm, Average Particle Size: 15µm, Other
By Application
Optical Industry, Coating, Cosmetic
By Companies
EastHill, Active Concepts, Grant Industries, Wacker, ABC Nanotech, Shin-Etsu, The Innovation Company, Momentive Performance Materials, Guangzhou Batai Chemical, Jiangxi XinJiaYi New Materials, Kobo Products, Elkem Silicones
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Spherical Silicone Resin Powder Market Report Segments:
The global Spherical Silicone Resin Powder market is segmented on the basis of:
Types
Average Particle Size: 1µm, Average Particle Size: 2µm, Average Particle Size: 5µm, Average Particle Size: 15µm, 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
Optical Industry, Coating, Cosmetic
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:
- EastHill
- Active Concepts
- Grant Industries
- Wacker
- ABC Nanotech
- Shin-Etsu
- The Innovation Company
- Momentive Performance Materials
- Guangzhou Batai Chemical
- Jiangxi XinJiaYi New Materials
- Kobo Products
- Elkem Silicones
Highlights of The Spherical Silicone Resin Powder 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:
- Average Particle Size: 1µm
- Average Particle Size: 2µm
- Average Particle Size: 5µm
- Average Particle Size: 15µm
- Other
- By Application:
- Optical Industry
- Coating
- Cosmetic
- 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 Spherical Silicone Resin Powder 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?
Spherical silicone resin powder is a type of silicone that is made up of small, round particles. This type of powder can be used to create products that are resistant to water and oil, making it perfect for products that need to stay dry or protected from the elements. Additionally, spherical silicone resin powder can be used in products that require a high level of flexibility or resilience.
Some of the key players operating in the spherical silicone resin powder market are EastHill, Active Concepts, Grant Industries, Wacker, ABC Nanotech, Shin-Etsu, The Innovation Company, Momentive Performance Materials, Guangzhou Batai Chemical, Jiangxi XinJiaYi New Materials, Kobo Products, Elkem Silicones.
The spherical silicone resin powder 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 Spherical Silicone Resin Powder 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 Spherical Silicone Resin Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spherical Silicone Resin Powder 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 Spherical Silicone Resin Powder 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 Spherical Silicone Resin Powder Market Size & Forecast, 2020-2028
4.5.1 Spherical Silicone Resin Powder Market Size and Y-o-Y Growth
4.5.2 Spherical Silicone Resin Powder 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 Average Particle Size: 1µm
5.2.2 Average Particle Size: 2µm
5.2.3 Average Particle Size: 5µm
5.2.4 Average Particle Size: 15µm
5.2.5 Other
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 Optical Industry
6.2.2 Coating
6.2.3 Cosmetic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spherical Silicone Resin Powder 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 Spherical Silicone Resin Powder 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 Average Particle Size: 1µm
9.6.2 Average Particle Size: 2µm
9.6.3 Average Particle Size: 5µm
9.6.4 Average Particle Size: 15µm
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 Market Size Forecast by Applications
9.10.1 Optical Industry
9.10.2 Coating
9.10.3 Cosmetic
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 Average Particle Size: 1µm
10.6.2 Average Particle Size: 2µm
10.6.3 Average Particle Size: 5µm
10.6.4 Average Particle Size: 15µm
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 Market Size Forecast by Applications
10.10.1 Optical Industry
10.10.2 Coating
10.10.3 Cosmetic
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 Average Particle Size: 1µm
11.6.2 Average Particle Size: 2µm
11.6.3 Average Particle Size: 5µm
11.6.4 Average Particle Size: 15µm
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 Market Size Forecast by Applications
11.10.1 Optical Industry
11.10.2 Coating
11.10.3 Cosmetic
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 Average Particle Size: 1µm
12.6.2 Average Particle Size: 2µm
12.6.3 Average Particle Size: 5µm
12.6.4 Average Particle Size: 15µm
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 Market Size Forecast by Applications
12.10.1 Optical Industry
12.10.2 Coating
12.10.3 Cosmetic
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 Average Particle Size: 1µm
13.6.2 Average Particle Size: 2µm
13.6.3 Average Particle Size: 5µm
13.6.4 Average Particle Size: 15µm
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) Market Size Forecast by Applications
13.10.1 Optical Industry
13.10.2 Coating
13.10.3 Cosmetic
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 Spherical Silicone Resin Powder Market: Competitive Dashboard
14.2 Global Spherical Silicone Resin Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EastHill
14.3.2 Active Concepts
14.3.3 Grant Industries
14.3.4 Wacker
14.3.5 ABC Nanotech
14.3.6 Shin-Etsu
14.3.7 The Innovation Company
14.3.8 Momentive Performance Materials
14.3.9 Guangzhou Batai Chemical
14.3.10 Jiangxi XinJiaYi New Materials
14.3.11 Kobo Products
14.3.12 Elkem Silicones
