Press release
Antimicrobial Coatings Market Technology, Future Trends and Opportunities 2031
Transparency Market Research delivers key insights on theย silicone masterbatches marketย in Europe. In terms of revenue, the silicone masterbatches market in Europe is estimated to expand at a CAGR ofย 6.3%ย during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the silicone masterbatches in Europe.
The silicone masterbatches market in Europe is broadly affected by several factors including rise in the usage of silicone masterbatches in energy products such as wire & cables, and transportation products such as auto interior PP parts, and packaging products such as BOPP films.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:ย https://www.transparencymarketresearch.com/anti-microbial-coating-market.html
Silicone masterbatches possess several beneficial properties such as high slip, mar resistance, and leveling & foam. Hence, they are widely used in coatings, paints, and ink applications.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง๐ ๐๐๐ฌ๐ญ๐๐ซ๐๐๐ญ๐๐ก๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The regulatory focus on reducing vehicle emissions has been increasing worldwide since the last few decades, especially of carbon dioxide, NOX, hydrocarbons, and particulate matter. There is a threat of penalties for failing to meet emission standards for light duty vehicles and trucks. This has prompted OEMs to focus on research efforts for the reduction of emissions as an integral part of new models and platform development. The usage of lightweight and sustainable materials in automotive production has been increasing since the last few years, as these materials help comply with regulatory criteria.
Several manufacturers in Europe are involved in the production of silicone masterbatches. Consistent expansion of packaging and automotive industries; and increase in investments in research and development activities are boosting the silicone masterbatches market in the region.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84549ย
The demand for electric cars has been rising significantly in Europe. The global automobile market contracted 16% in 2020 due to the coronavirus pandemic and economic recession; however, demand for electric vehicles has not been affected significantly. In 2020, Europe bagged the leading position in the global electric cars market with 137% year-on-year increase in electric car sales. Thus, rise in demand for electric cars in Europe is expected to fuel the silicone masterbatches market, as silicone masterbatches are widely used in the manufacture of auto interior polypropylene parts.
The share held by Europe in the global wire and cable market is expected to rise considerably due to an increase in investments in conventional grid networks. Furthermore, economic growth as well as rise in demand for stable power supply are estimated to boost the wire and cables market in Europe. This, in turn, is projected to boost the silicone masterbatches market in the region.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง๐ ๐๐๐ฌ๐ญ๐๐ซ๐๐๐ญ๐๐ก๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
The silicone masterbatches market in Europe can be segmented into Germany, France, Italy, the U.K., Spain, Russia, CIS, and Rest of Europe. Germany dominated the silicone masterbatches market in Europe in 2020. It is expected to maintain its dominance during the forecast period. Increase in the usage of fireproof wires, and rise in demand for automotive parts and packaging products such as BOPP films in Germany are anticipated to play a crucial role in the expansion of the silicone masterbatches market in Europe.
๐๐๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84549ย
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง๐ ๐๐๐ฌ๐ญ๐๐ซ๐๐๐ญ๐๐ก๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The silicone masterbatches market is fragmented, with the presence of large numbers of players. Key players operating in the silicone masterbatches market in Europe are DuPont, Momentive Performance Materials, Wacker Chemie AG, SILCOLORS, Chengdu Silike Technology Co., Ltd, Dow Corning, ACSIC Ingredients, Silteq Ltd, Avient, and AB Specialty Silicones.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง๐ ๐๐๐ฌ๐ญ๐๐ซ๐๐๐ญ๐๐ก๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ข๐ฅ๐ข๐๐จ๐ง๐ ๐๐๐ฌ๐ญ๐๐ซ๐๐๐ญ๐๐ก๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Wires & Cables
Auto Interior PP Parts
BOPP Films
PC/ABS Parts
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84549ย
๐๐ข๐ฅ๐ข๐๐จ๐ง๐ ๐๐๐ฌ๐ญ๐๐ซ๐๐๐ญ๐๐ก๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Energy
Transportation
Packaging
Electronics
Telecommunications
Others (including Industrial)
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
๐๐จ๐ก๐ข๐ญ ๐๐ก๐ข๐ฌ๐๐ฒ
Transparency Market Research Inc.
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