• 1
  • 2
  • 3
  • 4
  • 5
 
NEWS

C: Roy / Senior Sales

T: 86-760-22796068

M: 86-13544218002

F:86-760-22796088

E:[email protected]

A:Shangnan Industrial Park, Fusha Town, Zhongshan City, Guangdong Province, China


Silicone Oil Market to Reach $2,557 Million, Globally
2017-3-29
点击数:  721        作者:Allied Market Research
  • According to Allied Market Research,  Silicone Oil Market to Reach $2,557 Million, Globally, by 2022.


    Silicone Oil Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $2,557 million by 2022, registering a CAGR of 4.6% during the period 2016-2022.Automotive and medical segments are expected to be the fastest growing end users in terms of revenue; whereas personal care and electronics segments are projected to be fastest growing segment in terms of volume.


    Biocompatibility, alternative usage to hydrocarbon-based products and topical applications are anticipated to propel the silicone oil demand worldwide. Since, silicone oil market growth is driven by various factors such as increased usage in manufacturing of various lubricants and fluids across industries, it has replaced hydrocarbon-based products in various industrial applications due to its superior thermal stability. In addition, its biocompatibility property has led to an increase in its adoption in the medical industry. Furthermore, it is also used in skin topical and personal care applications owing to its non-sensitizing and non-irritating nature.

    Chemical industry accounted for around one-fourth of the global silicone oil market revenue in 2015. This can be attributed to its properties that include heat & cold resistance, viscosity stability, chemical stability, and low surface tension that make it ideal for chemical industry. Moreover, construction and personal care are other important end users of silicone oil. It is used as coatings, sealants, and water repellents in construction industry, owing to its ability to cross-link into films in presence of catalysts and form waterproof membranes on the surface of various materials; while in personal care industry, it is used in anti-aging creams and sunscreens as it offers volatility control, a smooth feel, improved water repellency, excellent spread-ability, and enhanced gloss. In addition, it is used in hair care products for hair conditioning, increased shine, color protection, and frizz control.

    In the year 2015, the skin & hair applications, sealants, and chemical intermediate application segments together accounted for more than three-fifths share of the silicone oil market revenue. Asia-Pacific has witnessed a rise in market share of these applications owing to an increase in individual expenditure on skin & hair care products as well as rapid growth of infrastructure activities in the region.

    Key Findings of the Silicone Oil Market 

    Though U.S. will continue to dominate the North America silicone oil market, Canada will grow at a higher CAGR of 5.9% during forecast period.


    Asia-Pacific is the major and fastest growing region with the CAGR of 5.0% in terms of volume for silicone oil market.


    France dominated the European market with around one-fourth revenue share in 2015.
    Chemical and construction end user segments together accounted for around half of the revenue share and dominated the market in 2015.


    North America and Europe together accounted for over half of the market revenues in 2015. However, Asia-Pacific is major market for silicone oil and is also estimated to witness the fastest growth owing to the rise in income and spending power of consumers in the emerging economies. Asia-Pacific contributed to around two-fifths of the market revenue in 2015 followed by Europe and North America. China alone accounted for one-fourth share from the overall Asia-Pacific revenue in 2015.

    The key players have adopted product launch and expansion as their key strategies to develop innovative products, reduce competition and capture additional market share. The prominent players profiled in this report include Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Bluestar Silicones International Co., Ltd (Elkem), Dow Corning Corporation, Wacker Chemie AG, Evonik Industries AG, Sigma-Aldrich Corporation (Merck), BRB International B.V., ACC Silicones Ltd., and Siltech Corporation.

相关文章
  • 暂无信息
热门评论
  • 暂无信息

验证码: 验证码,看不清楚?请点击刷新验证码

TEL:86-760-22796068    FAX86-760-22796088

ADD:Shangnan Industrial Park, Fusha Town, Zhongshan City, Guangdong Province, 528434 China

Copyright (c)2016-2017 YOUNG THAI GIFT  粤ICP备16118097号-2  All Rights Reserved