Silicone is the high performing material that comprises silicone fluids, reactive silanes, and the silicone polymers. This material is extensively used in wide range of industrial and consumer products. Silicone offers essential advantages is major end use segments in the key industries of any economy, such as electronics, construction, transportation, healthcare, personal care, and more. This material also imparts several other benefits, such as resistance to ultraviolet radiation and cold, moisture, heat, improved flexibility, and others. More commonly, silicone is used in paints and coating industry. Silicone is used to create the automobile parts, sealants and adhesives, and coatings for airbags. They are also used in tubs, floor joints, and showers to prevent leakage of water. The improved silicone included paints that maintain newer look to the exterior walls of the house.
Major Key Players of the Silicone Market are:Shin-Etsu Chemical Co. Ltd., Kemira Oyj, Ashland Incorporated, Silchem, Inc., Wacker Chemie AG, Dow Chemical Company, Elkem ASA, ICM Products, Inc., Hutchinson, and Evonik Industries AG, among others.
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