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Silicone Trends Analysis The global silicone market size was approximately USD 4.8 billion in 2021

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According to a study, the size of the global silicone resin market is estimated to be around USD 4.8 billion and will reach USD 6.3 billion by 2026.
Silicone resin has good heat resistance and is widely used. For example, in the field of construction engineering, silicone resin as the base material component of building fire retardant coating, can react with the appropriate filler, significantly improve the fire performance of steel structure, plastic, fabric, fiber, wood and other base materials, prolong the fire resistance time, so as to win more escape time.
In addition, silicone resin is also widely used in the oil and gas industry, automobile manufacturing, transportation, large-scale engineering facilities and other fields. With the strict implementation of VOC regulations, silicone resin is more and more used in waterborne coatings.
It is worth noting that most countries and regions are implementing more and more strict environmental regulations and ecological policies, such as the provisions of the EU REACH regulation on silicone based products; The CLP regulations address the safety classification of chemicals, including silicone; RoHS II regulations on the application of hazardous substances in the electronic and electrical industry; Annex II of Directive 2011/65 / EU3 on the heavy metal content of organosilicon, etc. These will have a certain impact on the silicone market.
To this end, resin manufacturers are stepping up efforts to develop and produce environmentally friendly products to achieve sustainable development. For example, the raw materials of environment-friendly building sealant products are recyclable and biodegradable materials, which significantly reduce the risk of human health hazards.
The analysis points out that the Asia-Pacific region is the largest market for silicone resins, and the silicone market in China is the fastest growing. In terms of varieties, methyl silicone resin market accounted for the largest proportion, followed by methyl phenyl silicone resin; In terms of its application field, coating is the largest application field of silicone resin.

Reprinted from an article by Ms ye
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