Silicone coatings market forecast with a CAGR of 6 percent through 2032

Revenue from the global silicone coatings market currently stands at US$ 6.64 billion. Worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032, as per a new analysis by Fact.MR, a market research and competitive intelligence provider.
The silicone coatings market will be primarily driven by trends of industrialization and urbanization across the world. Rising construction activities, increasing use of silicone coatings in automotive manufacturing, and growing popularity of the features of silicone coatings are expected to favor market growth. However, high costs of production and increased availability of low-cost alternatives are anticipated to have a hindering effect on the demand growth of silicone coatings over the coming years.

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Dow launches recyclable silicone self-sealing tire solution

Dow announced its launch of the world’s first recyclable silicone self-sealing tire solution. The solution has been successfully utilized in Bridgestone’s newly released B-SEALS, a recyclable tire sealant technology. With its new SiLASTIC™ SST-2650 Self-sealing Silicone, Dow is meeting self-sealing tire manufacturers’ demands for high performance and sustainability, while providing drivers and passengers with a lighter-weight, safer, and more durable solution.

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Elkem celebrates grand opening of new medical grade silicones facility

Elkem Silicones celebrated the grand opening of its new specialized facility for producing high purity medical silicones on Wednesday, September 28, in York, S.C. Customers and local, state, and federal officials, attended the event which included a ribbon-cutting ceremony, facility tours and a reception.
Designed to produce high purity silicone materials that meet the MedTech and Pharma market requirements, this new 18,000 sq.ft. site features state-of-the-art ISO-certified Class 7 and Class 8 clean rooms

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ExxonMobil expands product portfolio to Advance Healthcare Solutions

ExxonMobil has expanded its portfolio of healthcare solutions to meet changing medical market needs for healthy, safe material options. Adhering to industry requirements for testing, quality assurance and traceability, the portfolio unites a wide range of high-performance products that are produced using Good Manufacturing Practices (GMP) for batch-to-batch product consistency that customers can rely on.
The portfolio provides the building blocks to engineer a range of applications including medical supplies, infection protection products, and pharmaceutical and laboratory supplies. The portfolio includes Achieve™ Advanced PP, ExxonMobil™ PP, Vistamaxx™ performance polymers, Exact™ polyolefin elastomers, ExxonMobil™ butyl polymers, Exxpro™ specialty elastomers and ExxonMobil™ Isopropyl Alcohol (IPA).

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Silicone rubber from plant based materials

Industrial grade silicone rubber compounds whose precursors are derived from plant based raw materials will be introduced by Wacker at K 2022, the international trade fair for plastics and rubber taking place in Düsseldorf, Germany, October 19- 26. Wacker will unveil several biomethanol based product lines under the Elastosil eco umbrella, including one liquid and six solid silicone rubber grades, as well as selected Silmix silicone rubber compounds.

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Wacker announces expansion of silicone production facilities in Charleston, Tennessee

Wacker Chemie AG is preparing to build a new silicone production complex at its Charleston site in the US state of Tennessee. The Munich-based chemical group has already started a feasibility study. In a first step, it is planned to build production plants for high-consistency silicone rubber and silicone sealants, used, for example, in construction applications. In addition, plants are to be built for the manufacture of intermediates

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