The growth is due to the growing demand industrial, construction and automobile and other applications throughout the world. The silicone resins are widely used for paints & coatings, adhesives & sealnts and elastomers applications.
New York, July 05, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Silicone Resins Market by Type, Application, End-Use Industry and Region – Global Forecast to 2026” – https://www.reportlinker.com/p06102859/?utm_source=GNW
The increasing demand from industrial segments, automotive & transportation and building & construction is boosting the demand for silicone resins.
Methyl Silicone Resins is expected to be the fastest-growing type in the silicone resins market during the forecast period.
Methyl Silicone Resins is the fastest-growing type segment in the silicone resins market.Methyl Silicone Resins are widely used in topcoats to provide protection to the surface exposed to weather and high temprature.
It accounted for a share of about 42.4% of the silicone resins market, in terms of value, in 2020.
Elastomers is expected to…
