What's Special About The Specialty Silicones In Itself ?
MARKET INTRODUCTION
Silicones, commonly known as polysilicones are polymers that constitute synthetic compound made up of some units of siloxane. Siloxane is a chain of alternating silicon and oxygen atoms combined with hydrogen, carbon and other elements. Silicones are available in liquid or rubber-like appearances and are heat resistant. Specialty silicones are versatile products that enhance the performance of other products by improving their durability and effectiveness. Specialty silicones possess attributes like thermal stability, low toxicity & chemical reactivity together with heat and water resistance. These attributes of specialty silicones make it suitable for various end-use industries like electronics, personal care, health care, building and construction, etc.
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Market Dynamics
The use of specialty silicones in construction and other industries due to its insulation properties drives the growth of the specialty silicone market. Along with this, the incrementing application of specialty silicones in skin lightening and skin care products also fuels the growth of the market. However, the harmful effects caused on the skin by specialty silicones restricts the fruitful growth of the specialty silicones market. Increase in the government's spending for the production of defence equipments and solar panels is anticipated to bolster the growth of the specialty silicones market in the near future.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the specialty silicones market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- AB Specialty Silicones, LLC
- Dow Corning Corporation
- Elkem ASA
- Evonik Industries AG
- KCC Basildon Chemicals
- Momentive Performance Materials Inc.
- Shin-Etsu Chemical Company
- Siltech Corporation Inc.
- Sivance, LLC
- Wacker Chemie AG
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