Silicone Resin Market
Silicone Resin Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Silicone Resin Market Size and Growth
The Silicone Resin market research report indicates a steady growth trajectory driven by increased demand in construction, automotive, and electronics industries. The market size is projected to reach USD 5.2 billion by 2026, with Asia-Pacific emerging as the largest consumer due to rapid industrialization and urbanization.
Companies Covered (Covid 19 Impact Covered)
◍ Dow Corning
◍ Evonik
◍ PCC Group
◍ Shin-Etsu
◍ Momentive
◍ Siltech
◍ KANTO
The competitive landscape of the silicone resin market includes major players like Dow Corning, Evonik, PCC Group, Shin-Etsu, Momentive, Siltech, and KANTO. These companies offer a wide range of silicone resin products for various applications such as coatings, adhesives, and sealants. They contribute to the growth of the market through continuous research and development efforts.
- Dow Corning: $11.51 billion
- Evonik: €13.1 billion
- Shin-Etsu: $9.19 billion
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Market Segmentation
By Application
◍ Electronics Industry
◍ Electrical Industry
◍ National Defense
◍ Other
By Product
◍ Methyl Silicone Resins
◍ Phenyl-Methyl Silicone Resins
◍ Other
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