(MENAFN- Ameliorate Digital Consultancy)
Silicone release coatings are coatings applied to paper, film, and other substrates to provide a non-stick surface for pressure-sensitive adhesives. The global silicone release coatings market is expected to grow significantly in the coming years, driven by increasing demand from various end-use industries. The market for silicone release coatings is primarily driven by the growing demand for pressure-sensitive adhesives (PSAs) in various applications, such as labels, tapes, and medical devices. As PSAs are widely used in various end-use industries, including automotive, electronics, packaging, and healthcare, the demand for silicone release coatings is also increasing.
The global silicone release coatings market is expected to reach $5.6 billion by 2028, growing at a cagr of 5.6% from 2021 to 2028 . The Asia-Pacific region is expected to be the fastest-growing market for silicone release coatings, driven by increasing industrialization and urbanization in countries such as China and India. The market for silicone release coatings includes solvent-based, solventless, and emulsion-based coatings. Solvent-based coatings have been traditionally used in the market, but with growing environmental concerns and regulations, there is a shift towards solventless and emulsion-based coatings.
The key players in the silicone release coatings market include Dow Corning Corporation, Momentive Performance Materials Inc., Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., and Elkem ASA. These companies are investing in research and development to develop new and more efficient coatings, as well as expanding their production capacities to meet the growing demand for silicone release coatings. In addition, there is also a growing trend towards the development of bio-based silicone release coatings, which are made from renewable raw materials and are environmentally friendly. These bio-based coatings are expected to become more popular in the coming years as environmental concerns continue to grow.
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Key findings of the Silicone Release Coatings market study:
The report provides a present market outlook on Silicone Release Coatings. Additionally, the Silicone Release Coatings market share is anticipated to grow with a CAGR of 7.7% in the forecast period. Regional breakdown of the Silicone Release Coatings market based on predefined taxonomy. Innovative manufacturing processes implemented by Silicone Release Coatings vendors in detail. Region-wise and country-wise fragmentation of the Silicone Release Coatings market to grasp the revenue, and growth outlook in these areas. Changing preferences among consumers across various regions and countries. Factors (Positive and Negative) impacting the growth of the global Silicone Release Coatings market. Silicone Release Coatings price, market share, and Trends forecast for assessment period 2022-2032
Will Consumption of Solventless Silicone-based Release Coatings Increase at a Fast Pace?
Consumption of solventless silicone-based release coatings is expected to increase at a fast pace in the coming years. This trend is being driven by several factors, including:
Environmental concerns: Solvent-based coatings release volatile organic compounds (VOCs) into the environment, which can contribute to air pollution and pose health risks. As a result, there is a growing trend towards more environmentally friendly coatings, including solventless silicone-based release coatings. Government regulations: Many governments around the world are implementing regulations aimed at reducing VOC emissions. For example, the US Environmental Protection Agency (EPA) has implemented regulations under the Clean Air Act that restrict the use of solvent-based coatings. This is driving the adoption of solventless coatings, including silicone-based release coatings. Performance benefits: Solventless silicone-based release coatings offer several performance benefits over solvent-based coatings. They provide better adhesion, improved release properties, and enhanced durability. This is driving demand from end-use industries such as automotive, electronics, and healthcare. Innovation and development: The development of new and innovative solventless silicone-based release coatings is also driving demand. Companies are investing in research and development to create new coatings that offer better performance and are more environmentally friendly. Overall, the demand for solventless silicone-based release coatings is expected to increase at a fast pace in the coming years, driven by environmental concerns, government regulations, performance benefits, and innovation and development.
Competitive landscape analysis
In addition to detailed overviews of silicone release coating sales analysis, top silicone release coating manufacturers, top solvent-based / solventless silicone release coatings, top SWOT analysis, and sales generated by top silicone release coatings manufacturers positioned across geographies, Fact.MR has provided detailed information about the overall strategies adopted by players in the silicone release coatings market.
Some of the leading companies operating in the market are :
Dow Corning Corporation Shin-Etsu Chemical Co. Ltd. (Japan) Wacker Chemie AG Momentive Performance Materials Evonik Industries AG KCC Silicone Elkem Silicones Silibase Solv Inc. PPG
What insights does the Silicone Release Coatings report provide to the readers?
Silicone Release Coatings fragmentation on the basis of product type, end use, and region. Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape. Collaborations, R&D projects, acquisitions, and product launches of each Silicone Release Coatings Various regulations imposed by the governments on the consumption of Silicone Release Coatings in detail.
Key Segments of Silicone Release Coatings Industry Survey
Silicone Release Coatings Market by Release Force : Low Silicone Release Coatings Medium Silicone Release Coatings High Silicone Release Coatings
Silicone Release Coatings Market by Type : Solvent-based Silicone Release Coatings Solventless Silicone Release Coatings
Silicone Release Coatings Market by End Use : Packaging Industry Medical Industry Adhesive Bandages Wound Dressings ECG Others
Hygienic Release Liners Baby Diapers Sanitary napkins
Cooking & Baking Bakery Items Other Food Products
Advertising Industry Graphic Arts Outdoor Advertising
Others
Silicone Release Coatings Market by Region : North America Latin America Europe East Asia South-East Asia & Oceania Middle East & Africa
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