The ‘Polyhedral Oligomeric Silsesquioxane market’ study ,developed by Persistence Market Research, encompasses valuable information relating to the profitability prospects, growth dynamics, market size, market share forecast, and revenue estimations. The study descriptively charts out the competitive dashboard comprising of eminent players commanding a hefty chunk of the global market share, in consort with their portfolios & business strategies.
Polyhedral oligomeric silsesquioxane (POSS) which acts as a building block for nanocomposites owing to their nano size, high symmetry, and three dimensional figure. POSS, unlike other nanoparticles are easily dispersed in a wide range of polymer matrices which can be done by modifying chemical structure of POSS molecule for their compatibility with the specific polymer resin. POSS compounds give better mechanical stability, electrical and optical properties with an organic matrix. They are widely used in the production of electronic products, LEDs and antimicrobial coatings.
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The market for POSS is experiencing noticeable growth as transparent, conductive engineering thermoplastic nanocomposites are finding immediate applications in a wide range of high-tech products. These applications include antistatic and shielding plastics for displays, computers, electronic packaging, business equipment products, and aircraft canopies.
Growth of the electronic industry has been one of the major factors driving POSS market, with their increasing use as organic light emitting diodes (OLED). In addition, growing consumption of coatings has also contributed to the demand of POSS as antimicrobial coating. Moreover, growing demand for nanocomposites as filler nano materials in films and coatings is expected to fuel the demand for POSS over the next few years. Increasing application scope of POSS in building & construction has also been one of the major factors contributing to growth of the market. However, growing concerns over several health hazards associated with the production of POSS is expected to hinder the market growth. Increasing use of POSS as silica coatings for application in environmental protection, and for application as an interlayer dielectric for integrated circuits is expected to open new avenues for the growth of the market. North America was the largest consumer for POSS majorly due to the presence of the telecommunication, computer and electronic industry.
Hybrid Plastics Inc., Reade Advanced Materials, SimagChem Corp, Sigma-Aldrch Corporation, Wuhan Vanz Pharm Inc. are some of the manufacturers of POSS present in the industry.
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