Silicone Resins Market Size, Share, Opportunities, And Trends By Type (Methyl Silicone Resins, Methyl phenyl Silicone Resins, Others), By Application (Paints & Coatings, Adhesives & Sealants, Elastomers, Others), By End-user (Automotive & Transportation, Building & Construction, Electrical & Electronics, Healthcare, Industrial, Others), And By Geography - Forecasts From 2025 To 2030

The silicone resins market is valued at USD1,319.74 million in 2025 and is projected to grow at a CAGR of 6.14% over the forecast period.

Silicone resins are a group of organosilicon compounds. These materials are derived from silicic acid and are composed of silicon, oxygen, carbon, and hydrogen. They have properties of hardness, flexibility, water, chemical and weather resistance, and dielectric properties. These properties made it suitable to be applied in several industries. With the growth of automotive production worldwide the need for the materials needed for the production will increase including the silicone resins. The building and construction needed silicone resins for the manufacturing of their products as well as for the paint and coating industry. 

• According to the World Integrated Trade Solution (WITS) in 2023, the top importers of Silicones in primary forms were the European Union, China, the United States, Germany, and the Netherlands. The Top exporters were the United States, China, Japan, the European Union, and the United Kingdom.

What are the drivers of the Silicone resins market?

• Growing construction sector industry

The construction and building industry all across the world is showing significant growth. One of the major reasons for the expansion of this industry is due to the growing urbanization around the world. Urbanization causes the rapid industrialization of the country and region. 

According to Eurostat, annual average production in construction for the year 2023, compared with 2022, increased slightly in both the euro area and the EU. However, in the European Union, building construction increased by 1.1% compared from 2022 to 2023 and civil engineering increased by 4.1%. Countries with significant increases are Romania, Poland, and Belgium, which are the top countries showing significant growth in the region. 

• The growing demand from the paint and coating industry

The paint and coating industry around the world has been growing due to several factors. The major drivers are the development and growth of new housing projects, rising infrastructural projects, growth in the automotive industry, rising aerospace industry, and growing awareness around the use of environmentally friendly and sustainable materials. The paints and coatings have multiple applications in diverse industries. 

The silicone resins market is segmented into five regions worldwide:

By geography, the silicone resins market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region such as ASEAN countries. 

The Asia Pacific region is expected to see notable growth in the silicone resins market due to increasing applications in consumer electronics and the aerospace industry here. According to the International Trade Administration, China continues is the the world’s largest vehicle market by both annual sales and manufacturing output, with domestic production expected to reach 35 million vehicles by 2025. 

North America is expected to have a significant market share in the silicone resins market due to the major utilization of graphene for electrical, electronics, healthcare, and industrial applications. In 2022, manufacturing contributed $2.3 trillion to U.S. GDP amounting to 11.4 % of total U.S. GDP. In 2023, the USA manufactured 8,866,384 commercial vehicles which is a 6% increase from the previous year, according to the International Organization of Motor Vehicle Manufacturers.

Product Offerings-

• SILRES– WACKER produces silicone resins under the brand name SILRES. These are classified as organopolysiloxanes. They consist of irregular three-dimensional networks composed of mainly tri- or tetra-functional units. These are very stable due to the strength of the Si-O bond. SILRES silicone resins are available in three forms such as resin emulsions, resin solutions, and resin copolymers.
• Silicone resins by BRB International B.V. -  Silicone resins by BRB International B.V. BRB offers a range of silicone resins and oligomer portfolios. BRB heat and corrosion-resistant resins offer benefits such as temperature resistance, compatibility with other organic-based resins, and room-temperature curing.
• Silicone and Hybrid Resins by EVONIK- EVONIK offers a portfolio of organomodified silicone resins. Depending on the application the Silikophen, Silikoftal, Silikotop, Silikopon, and Silikopur products have different features. Silikophen P40/W is applied in the coatings for industrial plants and muffler systems, fireplaces, and combustion chambers. 

Key developments in the Silicone resins market:

The market leaders in the silicone resins market are BRB International, EVONIK INDUSTRIES AG, Elkem ASA, Momentive, Shin-Etsu Chemical Co., Ltd, and DOW INC among others. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc. to gain a competitive advantage over their competitors. For Instance,

• In November 2024, SiO New Material introduced SIOResin SIO-513. It is a self-crosslinking nano silicone resin topcoat that delivers protection across surfaces. The product is designed for use on materials such as stone, plastic, metal, and glass. It particularly has applications in the automotive, aerospace, and consumer electronics sectors. SIOResin SIO-513 stands out for its key features, such as being glossy for decorative parts, high durability, and strong adhesion. Guards against oxidation and yellowing and functions effectively as an anti-graffiti and self-cleaning coating.
• In May 2024, WACKER presented silicone resins for the impregnation of electric motors. This product is for trickle impregnation. ELASTOSIL N 2076 is a curing silicone rubber, that allows electrical coil windings to be protected against moisture and environmental influences. Two silicone resins presented by WACKER such as SILRES H60 A/B and SILRES H62 C. SILRES H60 A/B are fast-curing two-component phenyl silicone resins formulated without inhibitor. 
• In March 2024, Shin-Etsu Chemical Co., Ltd. developed the industry's first silicone resin that does not use emulsifiers. These are the water-based, fast-curing silicone resin “KRW-6000 Series.” It can be used in such applications as paints and coatings, with weather and heat resistance. The demand for water-based silicone resins has been increasing. Conventional waterborne silicone resins use emulsifiers. KRW-6000 Series does not use emulsifiers, thus it is suitable as a binder for weather-resistant paints and additives. Further, these are VOC (Volatile Organic Compounds)-free products. This fast-curing at low temperatures in a short time contributes to the reduction of greenhouse gas emissions.
• In September 2023, Formlabs announced the launch of additive manufacturing with two cutting-edge materials, Silicone 40A, and Alumina 4N Resin. Silicone 40A Resin combines the material properties of cast silicone with the flexibility of 3D printing. With this patent-pending Pure Silicone Technology users can print 100% silicone parts. Silicone 40A Resin can be used for soft, pliable, and durable parts. These parts have high chemical and thermal resistance. It can be applied to the automotive and industrial applications. 

Silicone Resins Market is segmented and analyzed as below:

• By Type
  • Methyl Silicone Resins
  • Methyl phenyl Silicone Resins
  • Others
• By Application
  • Paints & Coatings
  • Adhesives & Sealants
  • Elastomers
  • Others
• By End-user
  • Automotive & Transportation
  • Building & Construction
  • Electrical & Electronics
  • Healthcare
  • Industrial
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East and Africa
  • Saudi Arabia
    • UAE
    • Rest of the Middle East and Africa
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Rest of Asia-Pacific

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Growing construction sector industry

4.1.2. The growing demand from the paint and coating industry

4.1.3. Expanding automotive demand

4.2. Market Restraints

4.2.1. Government regulatory compliance

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. SILICONE RESINS MARKET BY TYPE 

5.1. Introduction

5.2. Methyl Silicone Resins

5.3. Methyl phenyl Silicone Resins

5.4. Others

6. SILICONE RESINS MARKET BY APPLICATION

6.1. Introduction

6.2. Paints & Coatings

6.3. Adhesives & Sealants

6.4. Elastomers

6.5. Others

7. SILICONE RESINS MARKET BY END-USER

7.1. Introduction

7.2. Automotive & Transportation

7.3. Building & Construction

7.4. Electrical & Electronics

7.5. Healthcare

7.6. Industrial

7.7. Others

8. SILICONE RESINS MARKET BY GEOGRAPHY

8.1. Global Overview

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Rest of South America

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Rest of Europe

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. United Arab Emirates

8.5.3. Rest of Middle East and Africa

8.6. Asia-Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Rest of Asia-Pacific

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. BRB International

10.2. DOW INC

10.3. Elkay Chemicals Private Limited

10.4. Elkem ASA

10.5. EVONIK INDUSTRIES AG

10.6. Genesee Polymers Corporation

10.7. Kaneka Corporation

10.8. Momentive

10.9. Shin-Etsu Chemical Co., Ltd

10.10. Siltech Corporation

10.11. Supreme Silicones India Pvt Ltd

10.12. Wacker Chemie AG

BRB International

DOW INC

Elkay Chemicals Private Limited

Elkem ASA

EVONIK INDUSTRIES AG

Genesee Polymers Corporation

Kaneka Corporation

Momentive

Shin-Etsu Chemical Co., Ltd

Siltech Corporation

Supreme Silicones India Pvt Ltd

Wacker Chemie AG