Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) — The “United States Silicone Additives Market, By Region, Competition, Forecast and Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering.
The United States Silicone Additives Market was valued at USD 147.32 Million in 2023, and is expected to reach USD 184.60 Million by 2029, rising at a CAGR of 4.03%..
Silicone additives, known for their outstanding physical and material attributes such as flame retardancy and resilience, are witnessing a steady increase in utilization across diverse applications. Construction stands out as a prominent industry heavily reliant on silicone sealants, leveraging their unparalleled resistance to weathering and flexibility. In the paints and coatings sector, silicone additives play a vital role in enhancing surface properties, boosting gloss levels, and mitigating foam formation. The cosmetics industry harnesses the distinctive sensory qualities and formulation flexibility offered by silicone additives.
The persistent growth in research and development activities serves as a driving force behind the remarkable advancements observed in the silicone additives market. Ongoing innovations in silicone technology have paved the way for the emergence of novel additives with enhanced performance and broader application potential. These continuous R&D endeavors not only broaden the scope of silicone additives but also enhance their attractiveness to various end-use…