The global demand for Silicone Oil Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Silicone oil is the non-toxic, non-reactive, transparent and odourless liquid based siloxane having organic side chains with superior properties such as lubrication, mechanical strength, wettability, and temperature resistance. It plays vital role in hair-care products, thermic fluid, electric insulator, anti-foaming products, transformers, retinal drops, and many more application. Owing to greasing and lubricant property, it is used for making various skin care products such as sunscreen creams, facial cleansers.
The market is mainly growing owing to increasing demand for lubricant in personal care products, automotive fluids, pharmaceutical products, and others. Increasing concerns regarding hair and skin issues owing to poor dietary habits, pollution, and stressful life, drives demand for the personal care products, which in turn, propels the market growth. Increasing prevalence of diabetic retinopathy especially in the aged population further creates huge demand for silicone oil for lubrication purpose. On the flip side, high manufacturing cost hinders the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of silicone oil.
The entire silicone oil market has been sub-categorized into type, application and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Straight Silicone Oil
- Modified Silicone Oil
By End-Use Industry
- Skin &Hair Care
- Textile Coating
- Chemical Intermediate
- Anti-foam Agent
- Release Agent
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for silicone oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Silicone Oil Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the silicone oil market include Wacker Chemie AG, Evonik Industries AG, Shin-Etsu Chemical CO. LTD., Momentive Performance Materials, Inc., Dow, Inc., Elkem ASA, Siltech Corporation, BRB International BV, CHT Group, Iota Silicone Oil (Anhui) Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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