Authored By: Sarah
11 Jul 2024

 Silicone Fluid Market Size to grow by USD 1136.1 million between 2024-2028

According to a research report “ Silicone Fluid Market” by End-user (Personal and home care, Energy, Agriculture, Textile, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1136.1 million, at a CAGR of  4.5% during the forecast period. The silicone fluid market is experiencing significant growth in the personal care sector due to the unique properties of these fluids. Their low viscosity and temperature responsiveness enable excellent spreading, glossiness, and improved texture in various personal care products. Silicone fluids' solubility in anhydrous alcohols and solvents commonly used in personal care formulations further enhances their utility. Notably, silicone fluids are extensively employed in skincare and hair care applications, including shampoos, deodorants, cleansing creams, antiperspirants, lotions, and bath oils. The increasing demographic trends and rising beauty consciousness among consumers are expected to fuel the market expansion for personal care products, thereby driving the demand for silicone fluids.

Browse market data tables, figures, and in-depth TOC on “Silicone Fluid Market” by End-user (Personal and home care, Energy, Agriculture, Textile, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By End-user, the Personal and home care segment is projected to dominate the market size in 2024

ai_market_segmentation_by

By Geography, APAC  segment is expected to hold the largest market size for the year 2024

The Silicone Fluid Market represents a significant business opportunity, driven by its diverse applications in various industries. This high-performance fluid offers excellent temperature resistance, chemical stability, and broad viscosity range, making it an essential component in sectors such as automotive, electronics, and healthcare. Market growth is anticipated due to increasing demand for silicone fluids in high-tech applications and the expanding automotive industry. Businesses looking to capitalize on this trend should closely monitor market developments and potential regulatory changes.

APAC is forecasted to hold the largest market size by region in 2024

The Silicone Fluid Market represents a significant business opportunity, driven by its diverse applications in various industries, including automotive, electronics, and healthcare. This high-performance fluid offers advantages such as excellent temperature resistance, chemical stability, and lubricity. Market growth is expected due to increasing demand for silicone fluids in automotive engine cooling systems and renewable energy applications. Businesses seeking to capitalize on this trend should consider strategic partnerships and investments in research and development to stay competitive.

The Silicone Fluid Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Avantor Inc.
  • BRB International BV
  • CHT Germany GmbH
  • Clearco Products Co. Inc.
  • Genesee Polymers Corp.
  • Innospec Inc.
  • KCC Co. Ltd.
  • Mitsubishi Chemical Group Corp.
  • Momentive Performance Materials Inc.
  • Ningbo Runhe High tech Materials Co. Ltd.
  • Om Tex Chem Pvt. Ltd.
  • Orkla ASA
  • PCC SE
  • Polytek Development Corp.
  • Schill Seilacher Struktol GmbH
  • Shin Etsu Chemical Co. Ltd.
  • Silicone Solutions Ltd.
  • Siltech Corp.
  • Dow Chemical Co.
  • Wacker Chemie AG
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The global silicone fluids market is witnessing significant growth due to the unique properties of silicones, including thermo aerobic resistance, temperature resistance, and lubricating qualities. These chemical compounds, made up of polydiorganosiloxanes, offer excellent temperature stability and compatibility with organic resins. Silicones are widely used in various end use industries, including personal care, healthcare, and technology. The personal care industry utilizes silicone fluids for their ability to improve the texture and feel of cosmetics and skincare products. In healthcare applications, they are used as lubricants in medical devices and as coatings for implants. Technological advancements in the production of silicones, such as the use of low cost labor in countries like China and the availability of raw materials like silicon metal and methyl chloride, have contributed to the growth of the market. Modified silicone fluids, with improved properties, are also gaining popularity. The supply chain of silicone fluids involves the extraction and refining of raw materials, followed by polymerization and processing. The market for silicone fluids is expected to continue growing due to increasing urbanization and the demand for high-performance materials in various industries.

Market Research Overview

The global silicone fluids market is witnessing significant growth due to its diverse applications in various industries such as electronics, construction, energy, transportation, medical equipment, and entertainment. In the electronics industry, silicone fluids are used as dielectric fluids in capacitors and transformers due to their excellent electrical insulation properties. In the construction industry, they are used as sealants, adhesives, and lubricants. In the energy industry, silicone fluids play a crucial role in solar power cells and windmill shafts, enhancing their performance and durability. The transportation industry uses silicone fluids for car safety regulations, fuel efficiency, and automobile sector due to their high heat resistance, low compression set, and excellent discharge safety. In the medical industry, silicone fluids are used in cardiac implants and cosmetic implants due to their biocompatibility and flexibility. The entertainment industry uses silicone fluids for foam control and adhesion in special effects. The rapid urbanization and building projects require customized silicone fluid solutions for various applications. Regulatory agencies ensure the safety and performance of automobiles, leading to the increased demand for silicone fluids with high electrical resistance, radiation resistance, and temperature resistance. The silicone fluids market caters to various end-user industries, including pharmaceuticals, toiletries, cosmetics, textiles, and personal care. The market's growth is driven by technological advancements, investment in production facilities, and the availability of raw materials such as silicon metal, methyl chloride, and polydiorganosiloxanes. Silicone fluids offer adaptable materials with excellent properties such as transparency, glossiness, UV stability, hydrophobicity, and thermal stability. They are tasteless, odorless, and have excellent lubricating qualities, making them ideal for various applications. However, the market's growth is influenced by factors such as consistency change, surface activity, spreading power, solubility, thermal stability, and heat resistance property. The silicone fluids market is expected to grow significantly due to the increasing demand from various industries, regulatory requirements, and technological advancements. The market's future growth is also influenced by factors such as gamma radiation, beta radiation, alpha radiation, electromagnetic characteristics, and compatibility with various chemical compound backbones.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio