Published : 3 years ago, on 30/07/2021

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Siloxane Resins. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Siloxane Resins Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Siloxane Resins market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Siloxane Resins

This newly published and insightful report sheds light on Market Insights of Siloxane Resins, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Siloxane Resins Market. The report also comprises the study of current issues with end users and opportunities for siloxane market. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews.

The dashboard included in the report provides a detailed comparison of siloxane manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key competitors operating in the siloxane market provided in the report adds to the credibility of this exhaustive research study.

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The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates.

Siloxane, usually referred to as a ‘behind-the-curtain ingredient, has witnessed a dramatic turnaround in the way it is perceived. Its unparalleled properties of enhanced spreadability, antifoaming capabilities and its use as a specialty additive to plastics, has given sizable traction to siloxanes over the past half of a decade. Fact.MR, in its in-depth research report on the topic, states that bundled benefits such as flexibility, abrasion resistance and heat resistance would contribute to the growth of global siloxane market to surpass US$ 25 Bn mark by 2027. The chemical industry outperformed the world equity market over the last couple of years, which creates a positive backdrop for growth of the siloxane market.

Key Takeaways of the Global Siloxane Market

• Siloxane elastomer’s preference over natural rubber for high-performance fluoroelastomers makes it a dominant product form, accounting for three fourth market share
• Research on the use of siloxane copolymers as a surface modifying agent are underway, and is likely to be commercialized over mid-term forecast
• Personal care and cosmetics are established verticals for siloxane, which are poised to reflect moderate growth of under 5% till 2027
• With an anticipated three-fold increase in demand, the electronic industry is poised to be the next growth epicenter for siloxane
• Asia Pacific is expected to maintain its lead in terms of supply, accounting for a near half of the global siloxane supply. China positioned as key consumer, given the high concentration of end-use industries such as personal care and cosmetic product manufacturers, food processing industries, plastic processing and pharmaceuticals industries
• The siloxane market is consolidated in nature, with Dow Chemical and Wacker, among a few others being the notable names. Wacker, in a bid to fulfill the heightened demand of siloxane and leverage the opportunity, has commenced work on developing a new siloxane production facility in South Korea to produce siloxane elastomers and sealants

“Positioned at a maturity curve of PLC, and established application of siloxanes leaves little room for growth to siloxane producers. Producers are now looking to explore new application areas in red ocean as well as blue ocean application categories”, says the Fact.MR analyst.

Short-term Pricing Strategy by Manufacturers to Ease out Production Cost Imbalance

Siloxane manufacturers are hiking prices in the short term to meet an upswing in the cost of raw materials and energy. Siloxane producers are also avoiding long-term supply contract with customers.  Buyers are aware of the current supply situation of siloxane and are closely monitoring inventory levels to avoid short-term supply disruptions.  2018 saw price hikes up to 15%. While siloxane users are able to pass on this price hike to consumers, suppliers are not likely to roll back on the increases. Stakeholders across the supply chain purport that communication with consumers and better planning could help ease pain points of the siloxane market.

Global Siloxane Market: In-Depth Assessment on Key Segments

The global siloxane market is segmented on the basis of type, application and region.

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Key Question answered in the survey of Siloxane Resins market report:

• Sales and Demand of Siloxane Resins
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• Key Drivers Impacting the Siloxane Resins market
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More Valuable Insights on Siloxane Resins Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Siloxane Resins, Sales and Demand of Siloxane Resins, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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