The silicone release coating market refers to the market for coatings used to impart non-stick and release properties to various surfaces. These coatings are widely used in various industries such as automotive, aerospace, construction, packaging and labeling. The market for silicone release coatings is driven by various factors such as increasing demand for non-stick coatings in various end-use industries, increasing use of release coatings in pressure sensitive label manufacturing, and development of new and advanced products. increase. Release coating with improved properties.
The global silicone release coating market is valued at approximately USD 2.2 billion in 2020 and is expected to grow at a CAGR of approximately 5% during the forecast period from 2021 to 2028. Based on substrate type, the market is segmented into paper and film. Paper is expected to dominate the market during the forecast period owing to increasing demand for release coatings in the production of pressure sensitive labels and other paper-based products.
Based on application method, the market is segmented into solvent-based, solvent-free, emulsion, and others. Solvent-based coatings are expected to dominate the market during the forecast period due to their superior release properties and ease of application. Geographically, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia-Pacific is expected to be the largest market during the forecast period due to increasing demand for release coatings in various end-use industries and rising investment in the region.
Major players in the silicone release coating market include Dow Inc., Wacker Chemie AG, Elkem ASA, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., and Evonik Industries AG.
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Key Findings of Silicone Release Coatings Market Research:
Competitive landscape analysis
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Some of the key players operating in the market are:
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Key Segments of Silicone Release Coatings Industry Research
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