Silicone Additives Market Worth 1.70 Billion USD by 2022

Global Silicone Additives Market Worth 1.70 Billion USD by 2022 – Exclusive Report By MarketsandMarkets The silicone additives market is estimated to be USD 1.20 Billion in 2017 and is projected to reach USD 1.70 Billion by 2022, at a CAGR of 7.2% during the forecast period. This growth can be attributed to the increased demand for silicone additives in the plastics & composites application. In addition, the demand for high-quality coating products in emerging economies is another significant factor contributing to the growth of the silicone additives market.

Download PDF - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=106886265 The strategy of new product launches was the most adopted strategy by companies in the Asia Pacific and European regions. Dow Corning (US), Evonik (Germany), Shin-Etsu (Japan), Momentive Performance Materials (US), and BYK Additives (Germany) are focused on expanding their customer base in various regions worldwide. These companies have adopted organic and inorganic growth strategies, such as expansions, mergers & acquisitions, and new product launches, to enhance their market positions.

Get 10% Discount for Customized Report https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=106886265 North America is the largest market for silicone additives; this region is considered to be a leading exporter of silicone additives. North America accounts for the largest share of the silicone additives market, globally. The silicone additives market in North America is projected to witness significant growth, owing to the increased demand for silicone additives in various applications, including plastics & composites, paints & coatings, paper & pulp, food & beverages, and chemical manufacturing.

Request for Sample Report https://www.marketsandmarkets.com/requestsampleNew.asp?id=106886265 The defoamers segment is the largest function segment of the silicone additives market. Defoamers are chemical additives that are used in various applications, such as paints & coatings and food & beverages. They prevent the formation of foam during pigment milling, paint manufacturing, and plastic & composite manufacturing processes, and avoid any resultant defects that might occur due to an air void.

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