Global Silicone Resin Market is expected to grow at a. CAGR of 5.0% from 2015 to 2019

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1 Global Silicone Resin Market is expected to grow at a CAGR of 5.0% from 2015 to 2019 Silicone resin is the lesser known of the three main silicone product subgroups which include silicone rubbers and fluids. Silicone resins are complex, heavily branched oligosiloxanes produced by exposing various silicone precursors to a hydrolytic condensation process. The end product is available in the form of flake resins and solvent based or solvent free liquids. Silicone resin is an extremely versatile and safe product which has numerous uses in a wide range of industries where it is used as a binder, sealant, insulation agent, or weatherproofing additive. Silicone resins exhibit excellent electrical insulation, ultraviolet (UV) protection, water repelling, and heat resistant qualities. Types of silicone resin mainly include methylphenyl silicone resin, methyl silicone resin, low phenyl methyl silicone resin, silicone resin emulsion, self-drying silicone resin, high temperature silicone resin, epoxy-modified silicone resin, organic silicone polyester modified resin, self-dry environmental silicone resin, eco-friendly silicone resin, high-gloss silicone resin, benzyl transparent silicone resin, methyl transparent silicone resin, mica bonding silicon resin, poly methyl silicone resin, amino silicone resin, fluorine silicone resin, silicone resin solution, silicone - epoxy resin, silicone polyester resin, solvent resistance silicone resin, silicone resin adhesive, high temperature resistant methyl silicon resin, self-drying silicone insulating paint, methyl MQ silicone resin, vinyl MQ silicone resin, silicone-acrylic resin coating etc.. Silicone resins are widely used in building & construction, chemical, personal care, electrical & electronics, automotive, coating application in other industry and other applications. According to the survey, the output of global silicone resin reached about 0.20 million tons in 2014, and is projected to reach nearly 0.26 million tons by 2019, growing at a CAGR of 5.0% from 2015 to In terms of region, the United States is the world's largest silicone resin producer, the annual output accounted for about 45% of global total output in 2014, and it is estimated that there will be a steady growth in the coming years. The demand in the United States accounts for only about 17% of its production, others are all used for export. Output in Japan and Western Europe is basically the same, the average occupied about 20% of world production, and most of the output is used by itself. Currently some of the major manufacturers actived in the market are the following Region Country Company For More Information Asia-Pacific Japan Shin-etsu Chemical Japan Kaneka China National Bluestar (Group) North U.S. Dow Corning America U.S. Momentive Canada Siltech Europe Germany Wacker Germany Evonik Tego Netherlands BRB International BV

2 Source: 9Dimen Report Research Center, August 2016