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. MQ resin has good thermal stability and maintains its characteristics and functionality over a broad temperature range. High temperatures won't cause it to significantly degrade or lose functionality. Moreover, it is compatible with various organic and inorganic materials, including other polymers, resins, fillers, and additives. This compatibility enhances its versatility and allows it to be easily incorporated into formulations or used in combination with other materials. Due to its excellent electrical insulation properties, MQ resin is used in electrical and electronic applications. It can provide insulation and protection to components, circuit boards, and wires, preventing electrical short circuits or leakage.
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
Chapter 2 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.
MQ Resin is used in various applications across multiple industries that are heavily dependent on coatings and adhesives. For example, in the automotive industry, MQ Resin is used in automotive coatings to provide corrosion resistance, gloss, and scratch resistance. For example, according to the International Organization of Motor Vehicle Manufacturers (OICA) vehicle production in 2021 was valued at around 80 million units in 2019. All these factors contribute to the growth of the MQ Resin market.
- Increasing adoption of personal care products
- Rapid industrialization across worldwide
Global MQ Resin Revenue by Regions (2018-2023)
Global MQ Resin Revenue and Market Share (%) by regions (2018-2023)
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
|
North America |
XX |
XX |
XX |
XX |
XX |
XX |
|
Europe |
XX |
XX |
XX |
XX |
XX |
XX |
|
Asia Pacific |
XX |
XX |
XX |
XX |
XX |
XX |
|
Latin America |
XX |
XX |
XX |
XX |
XX |
XX |
|
Middle East & Africa |
XX |
XX |
XX |
XX |
XX |
XX |
|
Total |
XX |
XX |
XX |
XX |
XX |
XX |
Global MQ Resin Manufacturers Profiles/Analysis
Dow Inc.
Dow Inc. Company Basic Information, and Sales Area
|
|
Item |
Description |
|
1 |
Company Name |
Dow Inc. |
|
2 |
Website |
www.dow.com |
|
3 |
Established Date |
1897 |
|
4 |
Headquartered |
United States |
|
5 |
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. |
|
6 |
Sales Area |
Worldwide |
|
7 |
Manufacturing Location |
Americas, Asia Pacific, Europe, Middle East & Africa |
|
8 |
Ticker |
NYSE: DOW |
|
9 |
No. of Employees |
Around 35,800 employees |
|
10 |
Competitors |
Arkema, BASF, Huntsman, PPG Industries, Sealed Air, Westlake, Bayer, Monsanto |
|
11 |
CEO |
Jim Fitterling |
|
12 |
Ownership Type |
Public |
|
13 |
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.
The Industrial Intermediates & Infrastructure operating segment consists of Industrial Solutions, Polyurethanes & Construction Chemicals. These two segments provide Butyl glycol ethers, VERSENE, Chelants, UCAR Deicing Fluids, Aniline, caustic soda, ethylene dichloride ("EDC"), methylene diphenyl diisocyanate (“MDI”), many others.
The Performance Materials & Coatings operating segment consists of two global businesses such as Coatings & Performance Monomers and Consumer Solutions. This segment offers ACOUSTICRYL Liquid-Applied Sound, Damping Technology; acrylates; ACRYSOL Rheology Modifiers; Adhesives and sealants; antifoams and surfactants; coatings, and controlled release among others.
MQ Resin Product Types Specification
|
Product |
Product Description |
|
DOWSIL MQ-1600 Solid Resin |
100% trimethylsiloxysilicate resin. This silicone resin provides excellent transfer and wash-off resistance. In sunscreens it can enhance the SPF wash-off resistance. INCI Name: Trimethylsiloxysilicate Uses
Benefits
Application Benefits
|
|
DOWSIL MQ-1640 Flake Resin |
A unique combination of MQ and T propyl silicone resin. This combination of resin technologies has been especially developed to provide both excellent transfer and wash resistance combined with a flexible film and comfort of wear in skin and cosmetics applications. Even with stretching and washing the film formed by this product remained smooth and undamaged. In sunscreens it enhanced the SPF wash off resistance. INCI Name: Trimethylsiloxy silicate (and) Polypropyl silsesquioxane Uses
Benefits
Application Benefits
|
SWOT Analysis
Strength
Diversified product portfolio serving customers across the sectors
A broad range of technology-based products and solutions to customers in around 160 countries
Vertically integrated manufacturing operations across the globe
Engaged in strategic joint ventures helping Dow in enhancing its product portfolio
It offers wide product portfolio that includes Chemicals, plastics, performance chemicals, ca crop technology, crude oil and natural gas
Robust workforce over 40,000 people working worldwide
Weakness
Increased risk due to over reliance on suppliers
Opportunity
Growing end-use sectors worldwide
Growth prospects of coating industry
Threats
Intense competition can affect company’s operations.
