Silicone Release Coating Market Scope
Silicone release coatings are applied at low weights onto a wide range of substrates using many different techniques. The coatings form a cross-linked non-stick surface useful in protecting pressure-sensitive adhesives until the moment of use and many other sticky materials like bituminous compounds, composite prepregs, and food. Rising demand for silicon release coating among various industries such as healthcare, adhesives, cosmetics, and others are the major factors driving the market growth. Increasing demand for reliable product labels is boosting the market during the forecast period.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Dow Inc. (United States), Shin-Etsu Chemical Co., Ltd. (Japan), Elkem (Norway), Champion Tape (United States), Sherwin-Williams (United States), Hempel Group (Denmark), Evonik Industries (Germany), AkzoNobel (Netherlands), PPG Industries (United States) and Wacker Chemie (Germany) |
CAGR | % |
Global Silicone Release Coating is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Dow Inc. (United States), Shin-Etsu Chemical Co., Ltd. (Japan), Elkem (Norway), Champion Tape (United States), Sherwin-Williams (United States), Hempel Group (Denmark), Evonik Industries (Germany), AkzoNobel (Netherlands), PPG Industries (United States) and Wacker Chemie (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Ellsworth Adhesives (United States), Griff Paper & Film (United States), ChemPoint.com Inc. (United States) and MTI Polyexe (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Silicone Release Coating market by Type (UV-Cured, Heat-Cured and Thermally-Cured), by Application (Tapes, Labels, Specialty Release Liners and Others) and Region with country level break-up.
On the basis of application, segment is dominating the market in the year 2021
On the basis of geography, the market of Silicone Release Coating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
On 15th November 2021, Dow Inc. launched solvent-free SYL-OFF SL 184 Coating, an energy-efficient alternative that overcomes misting at very high product label production line speeds. The new product launch is helping to meet the increasing demand for reliable product labels, increase production rates, and lower costs. and On 13th December 2021, Champion Tape launched TEGO RC 1442 release coating. It delivers all the same release performance benefits customers are used to. The product provides excellent anchorage to the substrate and delivers stable release value over time, even under humid storage conditions, as per the Evonik.
Market Trend
- Consumer Awareness towards Silicon Release Coatings for Hygiene Application
- Popularity and Adoption of High-Quality Coatings and Liners
Market Drivers
- Growing Demand for Tapes, Labels, and Specialty Release Liners
- Advancement in the Polydimethylsiloxane (PDMS) Coatings
Opportunities
- Increasing Application of Silicone Release Coatings in Industrial, Food-Contact Manufacturing, and Film and Paper Coating Industry can create Opportunities for the Market Growth
Restraints
- Concerns Related with Develop Robust Silicone Release Coating Systems for General Grades of Film
Challenges
- Development of Cost-effective Products under Stringent Environmental Regulations
Key Target Audience
Silicone Release Coating Manufacturers, Silicone Release Coating Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others