Silicone Coating Market Report: Trends, Forecast and Competitive Analysis to 2030

Silicone Coating Trends and Forecast

The future of the global silicone coating market looks promising with opportunities in the construction, automotive & transportation, consumer good, industrial, paper & film release, and marine applications. The global silicone coating market is expected to reach an estimated $7.7 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing application of this coating in the consumer goods and expanding construction sector.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Silicone Coating by Segment

The study includes a forecast for the global silicone coating by composition type, technology, application, and region.

Silicone Coating Market by Composition Type [Shipment Analysis by Value from 2018 to 2030]:

• Silicone Additives
• Silicone Polymers
• 100% Silicone
• Silicone Water Repellents

Silicone Coating Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Solvent-Based
• Solventless
• Water-Based
• Powder-Based

Silicone Coating Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Construction
• Automotive & Transportation
• Consumer Goods
• Industrial
• Paper & Film Release
• Marine
• Others

Silicone Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Silicone Coating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies silicone coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the silicone coating companies profiled in this report include-

• Wacker Chemie
• Momentive Performance Materials
• Shin-Etsu Chemical
• DOW Corning
• KCC Silicone
• Evonik Industries
• BASF
• Humiseal
• BYK-Chemie
• ACC Silicones

Silicone Coating Market Insights

Lucintel forecasts that 100% silicone will remain the largest segment over the forecast period due to its growing demand from developing nations and growing use in construction applications.

Within this market, consumer good will remain the largest segment due to substantial usage of silicon coating in this sector owing to its various advantages, such as superior weather resistance, stain resistance, and ease of cleaning.

APAC is expected to witness highest growth over the forecast period due to escalating demand for silicon coating from various end use industries, such as consumer goods, automotive, and construction in the region.

Features of the Global Silicone Coating Market

Market Size Estimates: Silicone coating market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Silicone coating market size by composition type, technology, application, and region in terms of value ($B).

Regional Analysis: Silicone coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different composition types, technologies, applications, and regions for the silicone coating market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the silicone coating market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the silicone coating market size?

Answer: The global silicone coating market is expected to reach an estimated $7.7 billion by 2030.

Q2. What is the growth forecast for silicone coating market?

Answer: The global silicone coating market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the silicone coating market?

Answer: The major drivers for this market are increasing application of this coating in the consumer goods and expanding construction sector.

Q4. What are the major segments for silicone coating market?

Answer: The future of the silicone coating market looks promising with opportunities in the construction, automotive & transportation, consumer good, industrial, paper & film release, and marine applications.

Q5. Who are the key silicone coating market companies?

Answer: Some of the key silicone coating companies are as follows:

• Wacker Chemie
• Momentive Performance Materials
• Shin-Etsu Chemical
• DOW Corning
• KCC Silicone
• Evonik Industries
• BASF
• Humiseal
• BYK-Chemie
• ACC Silicones

Q6. Which silicone coating market segment will be the largest in future?

Answer: Lucintel forecasts that 100% silicone will remain the largest segment over the forecast period due to its growing demand from developing nations and growing use in construction applications.

Q7. In silicone coating market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to escalating demand for silicon coating from various end use industries, such as consumer goods, automotive, and construction in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the silicone coating market by composition type (silicone additives, silicone polymers, 100% silicone, and silicone water repellents), technology (solvent-based, solventless, water-based, and powder-based), application (construction, automotive & transportation, consumer goods, industrial, paper & film release, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?