Global Silicone Additives Market
Posted by geeta on December 12th, 2020
Global Silicone Additives Market is expected to reach USD XX Billion by 2027 from USD XX Billion in 2019 at a CAGR of 7.4%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global demand for silicone additives is increasing in cosmetic application. Its usage in creams, lotions, hydrating creams, sun protection creams, tanning lotions, hair sprays & styling sprays, hair shines others are making additives market interesting for the investors. Silicone additives are recognized for providing special properties to inks, plastics and coatings such as improved slip, leveling and foam control.
Rising disposal income in emerging economies are driving the market of additives to northwards. Region wise spending on beauty products has been studied in the report to give indication of the market in forecast period.
Silicone additives market based on application has been segmented into plastics & composites, paints & coatings, paper & pulp, personal & homecare, food & beverages, chemical manufacturing and oil & gas, agriculture and others. Report has analysed the largest segment by revenue in the total market by product type as well as most promising regions in forecast period. Plastics and Composites segment is expected to be major contributor to the market however paints and coatings segment is expected to grow at fastest CAGR.
Based on function the market has been divided in to defoamer, wetting and dispersing agents, rheology modifier, surfactants, lubricating agents and others.
Regional analysis of market is done on the basis of demand, availability of raw material, cost of manufacturing, supply chain. APAC region looks promising thanks to low cost of manufacturing, raw material availability and growing demand.
For More Information Visit :https://www.maximizemarketresearch.com/market-report/silicone-additives-market/2021/
Global Silicone Additives Market, by Function:
• Plastics & Composites
• North America
• Dow Corning (US)
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About the Authorgeeta
Joined: July 28th, 2020
Articles Posted: 57
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