Demand from End-User Industry Drive the Asia-Pacific Polysiloxane Market

The Asia-Pacific polysiloxane market is estimated to exhibit a modest CAGR of 4.8% during the forecast period (2020-2026). The increasing use of polysiloxane in a wide range of end-user industries including automotive, coating, building and construction, and personal care & cosmetics among others is one of the major factors to drive the growth of the regional market. Enhanced thermal stability, weathering resistance, low surface tension, maintaining elasticity at low temperatures, hydrophobicity, surface activity, release, and lubricating properties are some of the key characteristics of polysiloxane that makes them suitable for use in different industrial application. 

Browse the full report description Asia-Pacific Polysiloxane Market Size, Share & Trends Analysis Report by application (Medical, Paints & Coatings, Adhesives, and Sealants, Elastomers, Organic Electronic Materials, Fabrics, Others) by End-User Industry (Healthcare, Oil & Gas, Power, Infrastructure, Transportation, Electronics, Food & Beverage, Textile, Others) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/asia-pacific-polysiloxane-market

The chemical properties of polysiloxane including high thermal stability in the range 300 to 500°C, mechanical strength, and adhesion to the metals make them a suitable fit for the coating of automotive parts. The coating of the polysiloxane facilitates the protection of automobile parts from corrosion and other damages, hence, doubles the lifetime of the automobile. The growing automobile industry across the globe is creating the demand for polysiloxane for coating purposes, thereby contributing towards the growth of the regional market growth. 

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Application, By End-User
• Regions Covered- Asia-Pacific
• Competitive Landscape- Wacker Chemie AG, 3M Co., Evonik Industries AG, Mitsubishi Chemical Corp., Shin-Etsu Chemical Co., Ltd., and The Dow Chemical Company

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Polysiloxane Market Report Segment

Application 

• Medical
• Paints & Coatings
• Adhesives and Sealants
• Elastomers
• Organic Electronic Materials
• Fabrics 
• Others

End-User Industry 

• Healthcare
• Oil & Gas
• Power
• Infrastructure
• Transportation
• Electronics
• Food & Beverage
• Textile
• Other

Asia-Pacific Polysiloxane Market Report Segment by Region

• China
• Japan
• India
• Rest of Asia-Pacific