(EMAILWIRE.COM, October 20, 2021 ) The report "Silicone Resins Market by Type (Methyl, Methyl Phenyl), Application, End-Use Industry (Automotive & Transportation, Building & Construction, Electrical & Electronics, Healthcare, Industrial) and Region - Global Forecast to 2026", size is expected to grow from USD 4.8 billion in 2021 to USD 6.3 billion by 2026, at a CAGR of 5.5% during the forecast period. The driving factors for the silicone resins market is increased involvement of silicone resins in the industrial segment, and the building & construction, automotive & transportation, and electronic industries in emerging economies. This driving factor is boosting the demand for silicone resins industries.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95422194

Elastomers is expected to be the fastest-growing application in the silicone resins market during the forecast period.

Paints & Coatings is the fastest-growing application segment in the Silicone resins market. Rising demand from Industiral, Automotive & transportation, building & construction, among other end-use industries will drive the demand for silicone resins in the paints & coatings application. It accounted for a share of about 40.4% of the silicone resins market, in terms of value, in 2020.

Don't miss out on business opportunities in Silicone Resins Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=95422194

Browse in-depth TOC on "Silicone Resins Market”
215 - Market Data Tables
43 - Figures
220 - Pages

APAC is expected to hold the largest market share in the global silicone resins market during the forecast period.

APAC accounted for the largest share of the silicone resins market in 2020. The market in the region is growing because of growing demand from industrial, automobile and construction industry. The market is also driven by foreign investments, supported by cheap labor and economical and accessible raw materials.

The Dow Chemical Company (US), Evonik Industry AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Kaneka Corporation (Japan) and Wacker Chemie AG (Germany) are the leading silicone resins manufacturers, globally.

Get This Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=95422194

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.