Polysiloxane Market - Forecast(2024 - 2030)

Report Code: CMR 67429 Report Format: PDF + Excel

Polysiloxane Market Overview

Polysiloxane Market is forecast to reach $1.97 billion by 2025, after growing at a CAGR of 4.5% during 2020-2025. Polysiloxane, also known as silicon polymer is an inorganic polymer that does not include carbon atoms in the backbone. Inorganic silicon-based polymers are inherently resistant to temperature, ultraviolet light and oxidation and are used as coating binders in polymer coatings.  The market for polysiloxane is driven by several factors, such as increasing the use of protective and industrial coatings, vast applications in the healthcare industry, and augmenting usage in optoelectronic applications. The report covers Polysiloxane Market size by type and applications, Polysiloxane Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Polysiloxane Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polysiloxane Market.

Key Takeaways

  • Because of superior UV-resistance characteristics of polysiloxane, polymer coatings have been increasingly used on bridges in recent years.
  • Nanostructured superhydrophobic polysiloxane coatings are used for high barrier and anticorrosion applications in marine environment.
  • Nanotechnology in polysiloxane coatings is likely to act as an opportunity during the forecast period.

By Application - Segment Analysis

Paints & Coatings segment held the largest share of the polysiloxane market in 2019. Owing to their unique chemistry and robust chemical structure, which results in superior long-term color retention, glossy effect, resistance against chalking, fading, and corrosion, polysiloxane paints, and coatings have been prominent among other coating materials and are increasingly favored as viable protective and industrial coating solutions. They are being used in various applications, including industrial, military, recreational, and other infrastructure applications, such as roller coasters, marine vessels, water tanks, oil platforms, bridges, smokestacks, and others. As these industrial applications are expected to continue to grow, the market is also expected to grow during the forecast period.

By End-User - Segment Analysis

Organo-electronic Materials segment held a significant share in the polysiloxane market in 2019. Polysiloxane are used in the manufacturing of organic light-emitting diodes (OLEDs), electrical memories, liquid crystalline materials and solar cells owing to their good solubility, film-forming ability, and excellent heat radiation, fair adhesion to various substrates, non-toxic characteristics, superior thermal and chemical resistivity and low dielectric constants. Such positive growth trends are expected to increase the consumption of polysiloxane in organoelectronic materials, during the forecast period.

Geography - Segment Analysis

Asia Pacific dominated the polysiloxane market with a share of more than 36% during the forecast period. In various countries such as China and India, high investments are being made for industrial growth and development. Owing to its large production base of adhesives & sealants, medical devices, electronics and elastomers, China dominated the Asia-Pacific segment. The growth in various end-user industries, continuous investments, and support from the regional governments are expected to drive the Asia-Pacific segment of the polysiloxane market during the forecast period.

Drivers – Polysiloxane Market

  • Increasing usage of polysiloxane in paints and coatings application

Rail, roads, bridges, public parks, etc., are all subjected to continuous extreme conditions. Polysiloxane coatings provide corrosion protection, high-temperature protection, and fire protection to ensure the durability and aesthetics of the building structures. In railways, mild steel remains the first choice of metal for constructional purposes, due to its relatively low cost, mechanical strength, and ease of fabrication. The main drawback of the use of this metal is that it corrodes easily in extreme weather conditions. Unless adequately protected it rapidly loses strength, which may result in structural failure. Thus, polysiloxane coatings (which have anti-corrosive properties) are applied to the exterior of the rails.

Challenges – Polysiloxane Market

  • Toxicity of polysiloxane

Assertion about non-toxic behavior cannot be generalized for several of the poly-siloxanes, including the polydimethylsiloxane (PDMS). Structure and size of the molecule affects the ionic migration, toxicity and absorption in the animal and human body. The issue of the safety of the silicones is more crucial, especially when related to contact with adults, children and newborns. The toxicity of polysiloxane is expected to hinder the market growth during the forecast period.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the polysiloxane market. In 2019, the market of polysiloxane has been consolidated by the top five players accounting for xx% of the polysiloxane market share. Major top 10 companies of polysiloxane market are 3M, Akzonobel, Biro Technology Inc., Byk-Chemie Gmbh, Dampney Company Inc., Evonik Industry, Gelest Inc., Huntsman Corporation, Merck Kgaa, Reltek Llc, Restek Corporation, Sherwin-Williams Company and Wacker Chemie Ag among others.

Expansions/Product Launch

  • In December 2018, Wacker Chemie A.G. planned to expand several sites in an effort to raise its global silicone rubber capacities, gradually adding about 44,000 metric tons by 2021.
  • In August 2018, Evonik Industries and the Chinese company Wynca formed a joint venture. The new company, in which Evonik will hold 60 percent, will produce fumed silica marketed under the name AEROSIL®. The product is used in transparent silicones, coatings and paints, modern adhesives as well as non-combustible high-performance insulation materials.
  • In September 2016, Sherwin-Williams launched high-solids, high-gloss polysiloxane for highly corrosive environments. 

1. Polysiloxane Market - Overview
        1.1 Definitions and Scope
2. Polysiloxane Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Polysiloxane Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Polysiloxane Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Polysiloxane Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Polysiloxane Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Polysiloxane Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Polysiloxane - By Application Type(Market Size -$Million / $Billion)
8.1 Segment type Size and Market Share Analysis
8.2 Application Revenue and Trends by type of Application
8.3 Application Segment Analysis by Type
8.3.1 Medical
8.3.2 Paints & Coatings Inorganic Polysiloxanes Epoxy-polysiloxane Hybrids Acrylic-polysiloxane Hybrids
8.3.3 Adhesives & Sealants
8.3.4 Elastomers
8.3.5 Organo-electronic Materials
8.3.6 Fabrics
8.3.7 Others
9. Polysiloxane Market - By Type(Market Size -$Million / $Billion)
10. Polysiloxane Market – By End Use Industry(Market Size -$Million / $Billion)
10.1 Healthcare
10.2 Oil & Gas
10.3 Power
10.4 Commercial Infrastructure
10.5 Transportation
10.6 Electronics
10.7 Food & Beverage
10.8 Textile
10.9 Personal Care & Cosmetics
10.10 Others
11. Polysiloxane- By Geography (Market Size -$Million / $Billion)
        11.1 Polysiloxane Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3 Polysiloxane- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5 Polysiloxane- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7 Polysiloxane - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9 Polysiloxane - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12. Polysiloxane Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Polysiloxane Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Polysiloxane Market - Key Company List by Country Premium
15. Polysiloxane Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 3M
        15.3 Akzonobel
        15.4 Biro Technology Inc
        15.5 Byk-Chemie Gmbh
        15.6 Dampney Company Inc
        15.7 Evonik Industry
        15.8 Gelest Inc
        15.9 Huntsman Corporation
        15.10 Merck Kgaa
        15.11 Paint
        15.12 Reltek Llc
        15.13 Restek Corporation
        15.14 Sherwin-Williams Company
        15.15 Wacker Chemie Ag
        15.16 Company 15
        15.17 Company 16 & More
*Financials would be provided on a best efforts basis for private companies
16. Polysiloxane Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Polysiloxane Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends