MQ Resin Market Overview
Product Overview and Scope of MQ Resin
MQ resin is a type of silicone resin that is made up of a broad range of hydrolytic condensation products of monofunctional silane (M) and tetra-functional silane (Q). MQ resins are very useful in use as pressure-sensitive adhesives,1-6 silicone rubbers, coatings, and additives. Furthermore, MQ resin is appropriate for use as a coating or adhesive agent due to its high adherence characteristics. It may form a strong and long-lasting bind with a variety of substrates, such as metals, polymers, glass, ceramics, and fabrics. It also offers exceptional chemical resistance, including resistance to acids, bases, solvents, and oils, and stability at high temperatures. This makes it suitable for applications that require exposure to harsh environments or extreme temperatures. MQ resin is used in packaging materials, such as films and coatings, to enhance their barrier properties against moisture, gases, and contaminants. It helps in preserving the freshness and quality of packaged products. Furthermore, cosmetic and personal care items often contain MQ resin, it is utilized in formulations for skincare, cosmetics, and hair care products to improve texture, offer film-forming qualities, and increase product stability.
MQ resin has the capacity to develop a thin, shielding film on surfaces, providing barrier qualities against pollutants, gases, and moisture. This quality makes it beneficial for uses including sealing, encapsulating, and protective coatings. Additionally, MQ resin has strong weathering resistance, including resistance to UV rays, oxidation, and environmental degradation. This enables it for outdoor applications where long exposure to sunshine and adverse conditions is anticipated.
Global MQ Resin Market Scope
Type
- Me Silicone MQ resin
- Vi Silicone MQ resin
- Methyl hydrogen MQ resin
- Methyl phenyl MQ resin
- Other
Application
- Silicon Rubber
- Personal Care
- Modifying Agents
Global MQ Resin Market Player List
- Dow Inc.
- Wacker Chemie AG
- Milliken & Company
- Siltech Corporation
- Grant Industries Inc.
- Momentive Performance Materials Inc.
- Shandong Dayi Chemical Co., Ltd.
- Guangzhou Xibo Chemical Technology Co., Ltd
- Hubei Jiayun Chemical Technology Co., Ltd.
- Shin-Etsu Chemical Co., Ltd.
- Jiaxing United Chemical Co., Ltd.
- KCC Silicone Corporation
- Genesee Polymers Corporation
- Shanghai Youlong Industry Development Co., Ltd. (ASDA)
- Chengdu Chenguang Boda Rubber & Plastic
MQ Resin Market – Global Industry Analysis
Market Drivers
- Growing demand for coatings and adhesives
The rising demand for high-performance coatings and adhesives in industries such as automotive, construction, and industrial applications is driving the growth of the MQ Resin market. MQ Resin offers excellent adhesion, heat resistance, weather condition, and chemical resistance, making it a popular choice in these applications. In the transportation sector, adhesives, and coatings demand is growing for lightweight and low-carbon-emitting vehicles.
Coatings and adhesives require high-performance materials that offer durability, and chemical resistance. MQ Resin possesses these desirable properties making it a perfect component for formulating high-performance coatings and adhesives. It improves the performance and longevity of the final product. Coatings and adhesives need to withstand harsh environmental conditions, including high temperatures and exposure to chemicals. This resin exhibits exceptional thermal stability and resistance to chemicals, offering protection and durability to coated surfaces or bonded joints. This makes it well-suited for applications that require resistance to heat, moisture, and corrosive substances.
| Commercial vehicle production volume worldwide (2018-2022) |
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Source: Cognitive Market Research |
- Increasing adoption of personal care products
- Rapid industrialization across worldwide
Global MQ Resin Manufacturers Profiles/Analysis
Dow Inc.
Dow Inc. Company Basic Information, and Sales Area
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Description |
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1 |
Company Name |
Dow Inc. |
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Website |
www.dow.com |
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Established Date |
1897 |
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Headquartered |
United States |
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Market Position/History |
Dow was founded in 1897 by chemist Herbert Henry Dow and is headquartered in Midland, Michigan, U.S. In the 1930s, Dow began producing plastic resins and from 1940 to 1941, Dow built its first plant in Freeport, Texas to produce magnesium extracted from seawater rather than underground brine.
In the course of time, the company acquired several companies such as Rohm & Haas, Nuvosun, Clean Filtration Technology, EniChem S.p.A., and others. In 2016, Dow completed a strategic ownership restructure of Dow Corning and it became a 100% owner Dow Corning’s silicones business. The company operates 214 manufacturing sites in 37 countries and employs around 35,800 people. |
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Sales Area |
Worldwide |
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Manufacturing Location |
Americas, Asia Pacific, Europe, Middle East & Africa |
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8 |
Ticker |
NYSE: DOW |
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9 |
No. of Employees |
Around 35,800 employees |
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10 |
Competitors |
Arkema, BASF, Huntsman, PPG Industries, Sealed Air, Westlake, Bayer, Monsanto |
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11 |
CEO |
Jim Fitterling |
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Ownership Type |
Public |
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Contact Address |
2211 H.H. Dow Way, Midland, Michigan 48674, United States Tel: (989) 636-1000 |
Business Segment/ Overview:
Dow Inc. is a US-based chemical company. It conducts its operations through six global business operating segments including Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings.
The Packaging & Specialty Plastics operating segment consists of two businesses such as Hydrocarbons & Energy and Packaging and Specialty Plastics. Ethylene, propylene, benzene, Butadiene, Acrylics, bio-based plasticizers, copolymer, elastomers, ethylene copolymer resins, and others.
Investment in Research and Development
Research and development costs incurred and charged to income for the fiscal years ended December 31, 2021, and 2020 were $857 million and $768 million respectively.
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Dow R&D Investment (USD Million) (2020-2021) |
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Source: Cognitive Market Research |
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Dow Net Sales, By Region (2020-2021) |
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Source: Cognitive Market Research |
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Business Strategy
Dow has done significant investments in R&D to enhance its product portfolio. For instance, it has launched the next generation of Fast Flow Light Resin Transfer Molding to deliver innovative Light RTM for the transportation industry. The company has planned to make investments over the next several years to enhance competitiveness in the company’s polyurethanes & construction chemicals and industrial solutions businesses.
