iCrowdNewswire Jan 14, 2021 9:00 AM ET
Methyl silicone resin is a polymeric compound with low molecular weight and 3-D branched structure. With outstanding hydrophobic nature and properties like superior thermal stability, the methyl silicone resin market is gaining momentum. Due to its exceptional thermal properties, it is widely used in several paints and coatings applications for improving the overall compounded products’ performance. The global market for methyl silicone resin has been foreseen to register a significant revenue, growing at an impressive CAGR over the projected period.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Methyl Silicone Resin market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Methyl Silicone Resin business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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Methyl silicone resin exhibits distinct properties like surface hardness, release properties, and superior water repellence. All these outstanding characteristics are augmenting the demand for the market. Additionally, this polymeric compound has been crucial to the paints & coatings industry, especially in the sectors of interior floor coating and automotive coating. Methyl silicone resin possesses superior thermal stability, due to which it finds widespread applications in different fields, requiring high-temperature resistance as well as compatibility to the UV radiation. Soaring demand for methyl silicone resin in distinct industrial applications is a crucial factor fostering the market growth. Furthermore, some of the methyl silicone resins are also extensively utilized in surface treatment like epoxy adhesive surface and silicone-based pressure-sensitive adhesives. Moreover, this inorganic compound is in high demand in the electronics and electrical industry, owing to its superior temperature stability. These factors are also propelling the market.
APAC has been anticipated to dominate the market for being the key producer in the industry of methyl silicone resin. Other regions like Europe are speculated to be the second-largest consumer in the market, followed by North America. Additionally, regions like the Middle East & Africa and Latin America are also registering significant growth, due to fast urbanization and rapid development of the automotive sector.
The global Methyl Silicone Resin market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Methyl Silicone Resin market are listed below:
Dow Chemical Company, Evonik, Wacker Chemie AG, KANTO, Elkem (a Bluestar company), Momentive, Siltech Corporation, SiSiB Silicones (PCC Group), Jiang Xi Xin Jia Yi New Materials Co. Ltd., Lota Silicone Oil (Anhui) Co. Ltd., Hubei Jia Yun chemical technology Co. Ltd., Genesee Polymers Corporation.
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Flakes, Powder, Liquid.
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Paints and Coatings, Industrial, Electrical and Electronics, Automotive, Consumer goods.
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Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Methyl Silicone Resin Market Segmentation & Impact Analysis
Chapter 5. Methyl Silicone Resin Market, By Type Insights & Trends
Chapter 6. Methyl Silicone Resin Market, By Application Insights & Trends
Chapter 7. Methyl Silicone Resin Market, By End Use Insights & Trends
Chapter 8. Methyl Silicone Resin Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
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