Nov 3, 2017   SOURCE: BusinessWire

Global Silicone Coating Market Analysis 2014-2017 & Forecasts to 2025 - Research and Markets

The "Silicone Coating Market Analysis By Product, And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.

The global silicone coating market is anticipated to reach USD 6.81 billion by 2025

Silicone coatings reduce the loss of heat in various equipment along with providing resistance from water, heat, moisture, and dust, thus improving their performance and reducing the overall maintenance cost.

Advancements in technology and manufacturing capabilities are expected to increase refined offerings for the industrial sector in the coming years. Manufacturing industries are using different types of high-performance equipment, which operate at severe temperatures. Silicone coatings provide excellent thermal, electromechanical and anti-corrosive properties that enable companies to maintain the compactness of a product with improved performance.

Along with wide applications in aircraft manufacturing industry, silicone coating is also used significantly in defense electronics equipment owing to its characteristics of providing high electrical & thermal resistance along with significant strength and protection from corrosion, moisture, dust and water. Countries are spending heavily towards arms, electronics, and defense related equipment to strengthen defense operations. In 2016, the U.S. defense budget was USD 611 billion and accounted for 36% of the global defense spending. Rise in global defense spending is anticipated to propel demand for this product in coming years.

Restructuring initiatives, acquisitions, cost-cutting programs, portfolio pruning and development in emerging economies will propel revenues and operating profit for consumer goods manufacturing companies. Products such as mobile phones, computers, textile, furniture and household appliances are attracting huge demand worldwide which is anticipated to drive this market.

Key players operating in the global silicon coatings market include Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, DOW Corning Corporation, and Momentive Performance Materials Inc.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Silicone Coating: Market Variables, Trends, and Scope

Chapter 4 Silicone Coating Market: Product Estimates & Trend Analysis

Chapter 5 Silicone coating Market: Application Estimates & Trend Analysis

Chapter 6 Silicone coating Market: Regional Estimates & Trend Analysis

Chapter 7 Competitive Landscape

Chapter 8 Company Profiles

  • Evonik Industries AG
  • Wacker Chemie AG
  • Carboline Company
  • OMG Borchers GmbH
  • Shin-Etsu Chemical Co., Ltd.
  • Momentive Performance Materials Inc.
  • DOW Corning Corporation
  • ACC Silicones Ltd.
  • MAPEI SpA
  • Sika AG

For more information about this report visit https://www.researchandmarkets.com/research/nppvkb/silicone_coating