United States silicone additives market is projected to grow at a single digit CAGR during 2023-2027. Growth in demand for silicone sealants, rising demand for paints & coating in automotive sector and growing requirement of properties such as heat resistance and rubber like compound is aiding United States silicone additives market. Moreover, implementation and formulation of various government regulations regarding the use of silicone, rising demand for silicone in construction industry, constant growth in economy and rise in living standards are some of the other factors, which are expected to propel the demand for silicone additives over the next five years.
Some of the major players operating in the United States silicone additives market are Dow Corning, Evonik, Shin-Etsu, Momentive Performance Materials, BYK Additives Elkem etc.
Objective of the Study:
- To analyze and forecast market size of the United States silicone additives market, in terms of value & volume.
- To define, classify and forecast the United States Silicone Additives market on the basis of function, application & region.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of function by segmenting United States silicone additives market into, types namely, defoamers, wetting & dispersing agents, rheology modifiers, surfactants, lubricating agents & others.
- To identify tailwinds and headwinds for the United States silicone additives market.
- To examine competitive developments such as expansions, new launches, supply contracts, and mergers & acquisitions in the United States silicone additives market.
- To strategically profile the leading players, which are providing silicone additives in United States.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of silicone additives manufacturers in United States. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed function, application, and regional presence of all major silicone additives manufacturers across the country.
TechSci Research calculated the market size for the United States silicone additives market using a bottom-up approach, where manufacturers’ value sales data for different applications of (plastics & composites, paintings & coating, paper & pulp, personal & healthcare, food & beverages, chemical manufacturing and oil & gas, agriculture, construction and textile), silicone additives was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as all United States silicone additives manufacturers, Suppliers, association, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
- United States silicone additives manufacturers
- Research organizations and consulting companies
- Associations, organizations and alliances related to silicone additives
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as silicone additives manufacturers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
Mr. Ken Mathews
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