Silicone Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026


Posted February 21, 2019 by dmTMR1

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. .

 
Due to the combination of silicone properties such as backbone flexibility, low intermolecular interactions, low surface tension and thermal stability, silicone additives are highly effective. Silicone additive improves the surface properties of the substratum, while reducing friction. They are commercially available in the form of powder, since liquid silicone additives require special equipment for their incorporation and the molecular weight of silicone in the form of liquid can be migrated.
The key driving factor in the market for silicone additives is their role in improving the shelf life of coatings. In 2016, Paints & Coatings was the dominant application segment of the global market for silicone additives and this trend is expected to continue in the forecast period. The expansion of the decorative coating industry has led to an increase in the demand for environmentally friendly additives due to the introduction of legislation on volatile organic compounds (VOCs) in major parts of the world. The use of costly platinum catalysts in the production of silicone additives in the paint and coating industry is a major restriction that increases the total cost of the silicone additive.
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Last Updated February 21, 2019