Methyl Phenyl Silicone Resin Market: Introduction
Methyl phenyl silicone resins are synthesized with a converse hydrolysis-polycondensation method from methyl phenyl dichlorosilane, methyl trichlorosilane, and dimethyldichlorosilane. These resins have low molecular weight and high heat stability compared to other traditional resins. The presence of methyl and phenyl group on methyl phenyl silicone resin offers surface hardness, release properties, superior water repellency, improved impact resistance, and high dimensional stability. Owing to its excellent properties which include fast-spreading, weathering resistance and high thermal stability, methyl phenyl silicone resins are broadly used in paint & coating industry, and electrical industry. As a result, methyl phenyl silicone resin market is anticipated to rise just over the global GDP growth during the forecast period. Further, increasing product offerings by the key players coupled with strong demand from the end use industries are some of the factors propelling the methyl phenyl silicone resin market growth till 2029.
Methyl Phenyl Silicone Resin Market: Dynamics
The global consumption of methyl phenyl silicone resins are mainly associated with the growth in electrical, automobile and paint & coating industries. Methyl phenyl silicone resins offer very good adhesion, good flexibility and better compatibility with organic components. Thus, gives the formulator a great deal of freedom, as very low amount of solvent need to be added during coating formulation. On the back of its highly specialized application in coating, demand for methyl phenyl resins in coating industry is expected to be on higher side.
With the newer advancements in methyl-phenyl siloxane resin, consisting methoxy content between 15 and 20% w/w and active substance content of 90%, have opened newer opportunities for global methyl phenyl silicone manufacturers. Further, high application of methyl phenyl resins in heat-curing of polyurethane has fueled its global consumption. However, high prices of methyl phenyl silicone resins have been the major barricade in growth of global methyl phenyl silicone resins market.
Methyl Phenyl Silicone Resin Market: Segmentation
Based on product form, the methyl phenyl silicone resin market is segmented as
Based on end use-industries, the methyl phenyl silicone resin market is segmented into
- Consumer goods
- Paints and Coatings
- Automobile Industry
- Electrical and Electronics
Based on curing systems, the methyl phenyl silicone resin market is segmented into
- Classic heat-curing systems
- Ambient-curing systems
Based on geographic regions, the market for methyl phenyl silicone resin is segmented into
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
Methyl Phenyl Silicone Resin Market: Regional Outlook
The global methyl phenyl silicone resin market is divided into six regions including Latin America, North America, South Asia & Oceania, Europe, East Asia, and MEA. Amongst the above mentioned regions, South Asia & Oceania along with East Asia are responsible for holding over 40% of the methyl phenyl silicone resin market share in terms of consumption. Wide use of methyl phenyl silicone resins across automotive and paints & coatings industry sets the tone for Asia’s increasing market share. In addition, presence of local Chinese players striving towards increasing their hold within the market also tend to drive the regional markets. India would be amongst the key countries in methyl phenyl silicone resin market on the back of growing consumer goods along with paints & coatings industries. Furthermore, Europe is expected to follow East Asia in 2018 due to presence of key players coupled with steadily rising paints & coatings and automotive industries. Moreover, Latin America along with Middle East & Africa are accounted to capture nominal shares under methyl phenyl silicone resin consumption in 2019.
Methyl Phenyl Silicone Resin Market: Stakeholders
Key market stakeholders in the global methyl phenyl silicone resin market are Evonik, Wacker Chemie AG, Dow Chemical Company, Momentive, Elkem (A Bluestar Company), SiSiB SILICONES (PCC Group), Genesee Polymers Corporation, Hubei Xinsihai Chemical Engineering Co. Ltd., Iota Silicone Oil (Anhui) Co. Ltd, Jiang Xi Xin Jia Yi New Materials Co. Ltd., Shin-ETSU, Siltech. The methyl phenyl silicone resin market consists of well-diversified global and regional players with the global vendors dominating the market.
The research report presents a comprehensive assessment of the Methyl Phenyl Silicone resin market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Methyl Phenyl Silicone Resin market report provides analysis and information, according to market segments such as geographies, form, and end-use industries.
The Methyl Phenyl Silicone Resin Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Methyl Phenyl Silicone Resin Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, RoE)
- East Asia (China, Japan, South Korea)
- South Asia (India, ASEAN)
- Oceania (ANZ, Rest of Oceania)
- MEA (GCC Countries, South Africa, Turkey, Rest of MEA)
The methyl phenyl silicone resin report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The methyl phenyl silicone resin report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The methyl phenyl silicone resin report also maps the qualitative impact of various market factors on market segments and geographies.
The Methyl Phenyl Silicone Resin Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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