Ethyl Polysilicate Market is projected to grow at a steady CAGR of over 4% and is estimated to reach a valuation from Margo Trobbie's blog
Ethyl Polysilicate
Market to see Upward Growth, as Cross Linking Applications Capture 1/3rd
Share.global ethyl polysilicate market along with the historical data of 2013,
estimated data 2019 and forecast data up to 2027 in terms of revenue (US$ Mn)
The global
ethyl polysilicate market is projected to grow at a steady CAGR
of over 4% and is estimated to reach a valuation of over US$ 450 Mn by the end
of the forecast period (2019-2027).
Ethyl polysilicate is significantly used as a cross linking
component in cold-curing silicone rubber systems. The use of crosslinking
agents in the application of paints & coatings has increased due to the
high demand for crosslinking agents in water-based coating solutions.
Crosslinking in coatings enhances chemical resistance,
mechanical toughness and appearance. Industrial coatings with cross-linking
agents also enhance color and resistance to corrosion. This has led to
increased consumption of ethyl polysilicate thus maximizing margins of key
players in the ethyl polysilicate market.
For more insights
into the Market, Request a Sample of this Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=4482
Key Takeaways of
Ethyl Polysilicate Market Study
According to Fact.MR, APAC is projected to hold one third
share in global ethyl polysilicate market and will continue to maintain its
reign in the long term forecast period
Europe is projected to consume more than 1/4th of global
ethyl polysilicate demand while China is anticipated to remain the key regional
cluster for manufacturers and accounts for more than 20% of global production
thus witnessing new growth avenues with emerging Chinese manufacturers in
Southeast Asia.
Ethyl polysilicate is highly used as a binder in paint and
emulsions manufacturing and is expected to grow at a CAGR of more than 3% owing
to its fast curing, high adhesion and high resistance towards UV radiations.
Further, it’s used as a hardening component in the foundry industry and
dentistry as an impression material.
Paints & coatings will drive the demand for ethyl
polysilicate , accounting for nearly half of the demand till 2027 and is set to
gain 1.2X value by the end of 2027
“Growing demand for high performance and protective coatings
across high potential markets is set to create substantial opportunities for
players and will escalate the demand for global ethyl polysilicate in paints
& coatings sector” says the Fact.MR analyst
Contact Information
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United States
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