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Silicone Oil Market by Type (Straight Silicone Oil and Modified Silicone Oil), Application (Sealant, Skin &Hair Care, Textile Coating, Detergent, Chemical Intermediate, Anti-foam Agent, Release Agent, and Others), End-Use Industry (Chemical, Construction, Personal Care, Textile, Electronics, Automotive, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

A01410
Pages: 376
May 2020 | 16274 Views
 
Author(s) : Amit Narune , Eswara Prasad
Tables: 210
Charts: 64
 

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Silicone Oil Market Outlook - 2027

The global silicone oil market was valued at $3.6 billion in 2019, and is projected to reach $6.1 billion by 2027, growing at a CAGR of 6.8% from 2020 to 2027.

The silicone oil market is anticipated to witness significant growth due to numerous factors such as rise in demand from personal care sector from emerging economies and rapid increase in application areas across automotive, medical, and construction industries. However, fluctuating cost of raw materials is one of the major factors hindering the market growth. On the contrary, rise in demand from various types of end users is increasing the consumer base of silicone oil, providing lucrative growth opportunities for the market. Asia-Pacific was the largest importer of silicone oil in 2019; however, the COVID-19 outbreak has negatively impacted the demand for silicone, owing to decrease in the industrial activities in countries such as China, India, and others. China was the highest importer of silicone-based products.

Silicone Oil Market	 

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The silicone oil market is segmented on the basis of type, application, end-use industry, and region. By type, the market is bifurcated into straight silicone oil and modified silicone oil. On the basis of application, it is divided into sealant, skin &hair care, textile coating, detergent, chemical intermediate, anti-foam agent, release agent, and others. The end-use industries covered in the study includes chemical, construction, personal care, textile, electronics, automotive, medical, and others. Region wise, the silicone oil market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Silicone oil market share is analyzed is for above mentioned regions.

The silicone oil market analysis covers in-depth information of the major industry participants. Some of the major players in the market include Wacker Chemie AG, Evonik Industries AG, Shin-Etsu Chemical Co., Ltd., Momentive Performance Materials, Inc., Dow Inc., Elkem ASA (Elkem), Siltech Corporation (Siltech), BRB International BV (BRB), CHT Group, and Iota Silicone Oil (Anhui) Co., Ltd (Iota Silicone Oil)
Other players in the value chain of the silicone oil market include Clearco Products Co., Inc., CES Silicones, Anhui Youcheng Siliconeoil Co., Ltd., Haynes Manufacturing Company, KB RollerTech Kopierwalzen GmbH, Fisher Scientific International, Inc., SYNCO Chemical Corporation, Elkay Chemicals Pvt. Ltd., MR Silicone Industries, KCC Silicone Corporation, Lubriplate Lubricants Co., Santa Cruz Biotechnology, Inc., Spectrum Laboratory Products Inc., Terra Silicon & Chemical Industry, Zhejiang Sucon Silicone Co., Ltd., Chem Cycle Bitterfeld GmbH, Guangzhou Yinghui Trading Co., Ltd, H. N. K. Silicone Enterprise, Iota Silicone Oil (Anhui) Co.,Ltd., and Esco Products, Inc.

The key players are adopting numerous strategies such as partnership; business expansion, acquisition, partnership, collaboration, and agreement to stay competitive in the silicone oil market.
For instance, Evonik planned to establish a new silicone plant in Geesthacht. The planned investment at the Geesthacht site is an important strategic move by strengthening focus on innovative specialty chemical product portfolio. The new plant has started operations in 2019 and includes silicone and silane-terminated polymers. This expansion has reinforced its silicone business.

Silicone Oil Market
By Type

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Modified Silicone Oil is projected as the most lucrative segment.

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By type, modified silicone oil has garnered highest share in the market in 2019. It is widely used across different sectors such as construction, textiles, and others. Sustainable growth of abovementioned end-use industries in developing regions is one of the major factors that boost the market growth. The additional functional properties of modified silicone include its use in different types of product formulations.

Silicone Oil Market
By Application

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Skin and Hair Care is projected as the most lucrative segment.

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By application, the skin &hair care segment has garnered the second highest share in the market in 2019, and is anticipated to grow at highest in terms of volume as well as revenue. This is attributed to rise in demand from emerging economies such as China, India, and others.

Silicone Oil Market
By End-Use Industry

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Personal Care is projected as the most lucrative segment.

On the basis of end-use industry, the personal care industry has garnered highest market share in 2019, in terms of volume and revenue. Silicone oil is used in various personal care products such as shaving products, shampoos, hair care products, and others. Growth in population and increase in demand for high-quality personal care products drive the growth of the silicone oil market in regions such as Asia-Pacific.

Silicone Oil Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Region wise, Asia-Pacific is the fastest growing region, and garnered highest share in the market in 2019, in terms of volume. This is owing to presence of countries such as China, India, Japan, and others. China is largest consumer of silicone oil. The high demand for silicone oil in the country is because of rapid industrialization witnessed over the past few years. Many key players operating in the silicone oil market are expanding their silicone products business in the region, owing to factors such as rise in demand, easily availability of raw materials, cheap labor, favorable governmental regulations, and others. 

Key Benefits for Stakeholders:

  • The silicone oil market forecast is studied from 2020 to 2027.
  • The report provides an in-depth analysis of the market along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the silicone oil industry for strategy building.
  • The qualitative data in this report aims on market dynamics, silicone oil market trends, and developments.
  • A comprehensive analysis of the factors that drive and restrain the silicone oil market growth is provided.
  • The silicone oil market size is provided in terms of revenue and volume.

Key Market Segments:

By Type

  • Straight Silicone Oil
  • Modified Silicone Oil

By application

  • Sealant
  • Skin &Hair Care
  • Textile Coating
  • Detergent
  • Chemical Intermediate
  • Anti-foam Agent
  • Release Agent
  • Others

By End-Use Industry

  • Chemical
  • Construction
  • Personal Care
  • Textile
  • Electronics
  • Automotive
  • Medical
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Turkey
    • Rest of LAMEA

 

 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. Key findings

2.2.1. Top investment pockets

2.3. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key forces shaping global silicone oil market

3.2.1. Bargaining power of the supplier
3.2.2. Bargaining power of the buyer
3.2.3. Threat of Substitutes
3.2.4. Threat of new entrant
3.2.5. Competitive rivalry

3.3. Market dynamics

3.3.1. Drivers

3.3.1.1. Rapidly increasing application areas across automotive, medical and construction industry
3.3.1.2. Biocompatible and biodegradable material

3.3.2. Restraint

3.3.2.1. Availability and fluctuating cost of raw materials

3.3.3. Opportunity

3.3.3.1. Rising demand for personal care products in developing countries

3.4. Value chain analysis
3.5. Patent analysis
3.6. Impact of COVID-19 outbreak on the market  

CHAPTER 4: SILICONE OIL MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Straight Silicone Oil

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Modified silicone oil

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

CHAPTER 5: SILICONE OIL MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast

5.2. Sealant

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. Skin and Hair Care

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. Textile Coating

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

5.5. Detergent

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country

5.6. Chemical Intermediate

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country

5.7. Anti-Foam Agent

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis, by country

5.8. Release Agent

5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis, by country

5.9. Others

5.9.1. Key market trends, growth factors, and opportunities
5.9.2. Market size and forecast, by region
5.9.3. Market analysis, by country

CHAPTER 6: SILICONE OIL MARKET, BY END-USE INDUSTRY

6.1. Overview

6.1.1. Market size and forecast

6.2. Chemical

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country

6.3. Construction

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country

6.4. Personal Care

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis, by country

6.5. Textile

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis, by country

6.6. Electronics

6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market analysis, by country

6.7. Automotive

6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast, by region
6.7.3. Market analysis, by country

6.8. Medical

6.8.1. Key market trends, growth factors, and opportunities
6.8.2. Market size and forecast, by region
6.8.3. Market analysis, by country

6.9. Others

6.9.1. Key market trends, growth factors, and opportunities
6.9.2. Market size and forecast, by region
6.9.3. Market analysis, by country

CHAPTER 7: SILICONE OIL MARKET, BY REGION

7.1. Overview

7.1.1. Market size and forecast

7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by type
7.2.3. Market size and forecast, by application
7.2.4. Market size and forecast, by end-use industry
7.2.5. Market size and forecast, by country
7.2.6. U.S.

7.2.6.1. Market size and forecast, by type
7.2.6.2. Market size and forecast, by application
7.2.6.3. Market size and forecast, by end-use industry

7.2.7. Canada

7.2.7.1. Market size and forecast, by type
7.2.7.2. Market size and forecast, by application
7.2.7.3. Market size and forecast, by end-use industry

7.2.8. Mexico

7.2.8.1. Market size and forecast, by type
7.2.8.2. Market size and forecast, by application
7.2.8.3. Market size and forecast, by end-use industry

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by type
7.3.3. Market size and forecast, by application
7.3.4. Market size and forecast, by end-use industry
7.3.5. Market size and forecast, by country
7.3.6. Germany

7.3.6.1. Market size and forecast, by type
7.3.6.2. Market size and forecast, by application
7.3.6.3. Market size and forecast, by end-use industry

7.3.7. UK

7.3.7.1. Market size and forecast, by type
7.3.7.2. Market size and forecast, by application
7.3.7.3.Market size and forecast, by end-use industry

7.3.8.France

7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by application
7.3.8.3.Market size and forecast, by end-use industry

7.3.9.Italy

7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by application
7.3.9.3.Market size and forecast, by end-use industry

7.3.10.Rest of Europe

7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by application
7.3.10.3.Market size and forecast, by end-use industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by application
7.4.4.Market size and forecast, by end-use industry
7.4.5.Market size and forecast, by country
7.4.6.China

7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by application
7.4.6.3.Market size and forecast, by end-use industry

7.4.7.Japan

7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by application
7.4.7.3.Market size and forecast, by end-use industry

7.4.8.India

7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by application
7.4.8.3.Market size and forecast, by end-use industry

7.4.9.Rest of Asia-Pacific

7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by application
7.4.9.3.Market size and forecast, by end-use industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by application
7.5.4.Market size and forecast, by end-use industry
7.5.5.Market size and forecast, by country
7.5.6.Brazil

7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by application
7.5.6.3.Market size and forecast, by end-use industry

7.5.7.South Africa

7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by application
7.5.7.3.Market size and forecast, by end-use industry

7.5.8.Turkey

7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by application
7.5.8.3.Market size and forecast, by end-use industry

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by application
7.5.9.3.Market size and forecast, by end-use industry

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2019

8.2.Product mapping of top 10 player
8.3.Key developments

8.3.1.New product launches
8.3.2.Expansions

CHAPTER 9:COMPANY PROFILES

9.1.Wacker Chemie AG

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance
9.1.6.Key strategic moves and developments

9.2.Evonik Industries AG

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.R&D Expenditure
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.Shin-Etsu Chemical CO. LTD.

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product portfolio
9.3.5.Business performance
9.3.6.Key strategic moves and developments

9.4.Momentive Performance Materials, Inc.

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio

9.5.Dow, Inc.

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.R&D Expenditure
9.5.6.Business performance

9.6.Elkem ASA

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio
9.6.5.Business performance

9.7.Siltech Corporation

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Product portfolio

9.8.BRB International BV

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio

9.9.CHT Group

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio

9.10.Iota Silicone Oil (Anhui) Co., Ltd

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 02.GLOBAL SILICONE OIL MARKET, BY TYPE, 2019–2027($MILLION)
TABLE 03.STRAIGHT SILICONE OIL MARKET, BY REGION, 2019-2027 (TONS)
TABLE 04.STRAIGHT SILICONE OIL MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 05.MODIFIED SILICONE OIL MARKET, BY REGION, 2019-2027 (TONS)
TABLE 06.MODIFIED SILICONE OIL MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 07.GLOBAL SILICONE OIL MARKET, BY APPLICATION, 2019–2027 (TONS)
TABLE 08.GLOBAL SILICONE OIL MARKET, BY APPLICATION, 2019–2027($MILLION)
TABLE 09.SILICONE OIL MARKET, FOR SEALANT, BY REGION, 2019-2027 (TONS)
TABLE 10.SILICONE OIL MARKET,FOR SEALANT, BY REGION, 2019-2027 ($MILLION)
TABLE 11.SILICONE OIL MARKET, FOR SKIN AND HAIR CARE, BY REGION, 2019-2027 (TONS)
TABLE 12.SILICONE OIL MARKET,FOR SKIN AND HAIR CARE, BY REGION, 2019-2027 ($MILLION)
TABLE 13.SILICONE OIL MARKET, FOR TEXTILE COATING, BY REGION, 2019-2027 (TONS)
TABLE 14.SILICONE OIL MARKET,FOR TEXTILE COATING, BY REGION, 2019-2027 ($MILLION)
TABLE 15.SILICONE OIL MARKET, FOR DETERGENT, BY REGION, 2019-2027 (TONS)
TABLE 16.SILICONE OIL MARKET,FOR DETERGENT, BY REGION, 2019-2027 ($MILLION)
TABLE 17.SILICONE OIL MARKET, FOR CHEMICAL INTERMEDIATE, BY REGION, 2019-2027 (TONS)
TABLE 18.SILICONE OIL MARKET,FOR CHEMICAL INTERMEDIATE, BY REGION, 2019-2027 ($MILLION)
TABLE 19.SILICONE OIL MARKET, FOR ANTI-FOAM AGENT, BY REGION, 2019-2027 (TONS)
TABLE 20.SILICONE OIL MARKET,FOR ANTI-FOAM AGENT, BY REGION, 2019-2027 ($MILLION)
TABLE 21.SILICONE OIL MARKET, FOR RELEASE AGENT, BY REGION, 2019-2027 (TONS)
TABLE 22.SILICONE OIL MARKET,FOR RELEASE AGENT, BY REGION, 2019-2027 ($MILLION)
TABLE 23.SILICONE OIL MARKET, FOR OTHERS, BY REGION, 2019-2027 (TONS)
TABLE 24.SILICONE OIL MARKET,FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 25.GLOBAL SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 (TONS)
TABLE 26.GLOBAL SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 27.SILICONE OIL MARKET, FOR CHEMICAL, BY REGION, 2019-2027 (TONS)
TABLE 28.SILICONE OIL MARKET,FOR CHEMICAL, BY REGION, 2019-2027 ($MILLION)
TABLE 29.SILICONE OIL MARKET, FOR CONSTRUCTION, BY REGION, 2019-2027 (TONS)
TABLE 30.SILICONE OIL MARKET,FOR CONSTRUCTION, BY REGION, 2019-2027 ($MILLION)
TABLE 31.SILICONE OIL MARKET, FOR PERSONAL CARE, BY REGION, 2019-2027 (TONS)
TABLE 32.SILICONE OIL MARKET,FOR PERSONAL CARE, BY REGION, 2019-2027 ($MILLION)
TABLE 33.SILICONE OIL MARKET, FOR TEXTILE, BY REGION, 2019-2027 (TONS)
TABLE 34.SILICONE OIL MARKET,FOR TEXTILE, BY REGION, 2019-2027 ($MILLION)
TABLE 35.SILICONE OIL MARKET, FOR ELECTRONICS, BY REGION, 2019-2027 (TONS)
TABLE 36.SILICONE OIL MARKET,FOR ELECTRONICS, BY REGION, 2019-2027 ($MILLION)
TABLE 37.SILICONE OIL MARKET, FOR AUTOMOTIVE, BY REGION, 2019-2027 (TONS)
TABLE 38.SILICONE OIL MARKET,FOR AUTOMOTIVE, BY REGION, 2019-2027 ($MILLION)
TABLE 39.SILICONE OIL MARKET, FOR MEDICAL, BY REGION, 2019-2027 (TONS)
TABLE 40.SILICONE OIL MARKET,FOR MEDICAL, BY REGION, 2019-2027 ($MILLION)
TABLE 41.SILICONE OIL MARKET, FOR OTHERS, BY REGION, 2019-2027 (TONS)
TABLE 42.SILICONE OIL MARKET,FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 43.SILICONE OIL MARKET, BY REGION, 2019-2027 (TONS)
TABLE 44.SILICONE OIL MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 45.NORTH AMERICA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 46.NORTH AMERICA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 47.NORTH AMERICA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 48.NORTH AMERICA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 49.NORTH AMERICA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 50.NORTH AMERICA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 51.NORTH AMERICA SILICONE OIL MARKET, BY COUNTRY, 2019–2027(TONS)
TABLE 52.NORTH AMERICA SILICONE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 53.U.S. SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 54.U.S. SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 55.U.S. SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 56.U.S. SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 57.U.S. SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 58.U.S. SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 59.CANADA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 60.CANADA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 61.CANADA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 62.CANADA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 63.CANADA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 64.CANADA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 65.MEXICO SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 66.MEXICO SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 67.MEXICO SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 68.MEXICO SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 69.MEXICO SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 70.MEXICO SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 71.EUROPE SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 72.EUROPE SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 73.EUROPE SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 74.EUROPE SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 75.EUROPE SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 76.EUROPE SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 77.EUROPE SILICONE OIL MARKET, BY COUNTRY, 2019–2027(TONS)
TABLE 78.EUROPE SILICONE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 79.GERMANY SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 80.GERMANY SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 81.GERMANY SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 82.GERMANY SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 83.GERMANY SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 84.GERMANY SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 85.UK SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 86.UK SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 87.UK SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 88.UK SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 89.UK SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 90.UK SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 91.FRANCE SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 92.FRANCE SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 93.FRANCE SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 94.FRANCE SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 95.FRANCE SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 96.FRANCE SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 97.ITALY SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 98.ITALY SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 99.ITALY SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 100.ITALY SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 101.ITALY SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 102.ITALY SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 103.REST OF EUROPE SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 104.REST OF EUROPE SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 105.REST OF EUROPE SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 106.REST OF EUROPE SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 107.REST OF EUROPE SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 108.REST OF EUROPE SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 109.ASIA-PACIFIC SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 110.ASIA-PACIFIC SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 111.ASIA-PACIFIC SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 112.ASIA-PACIFIC SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 113.ASIA-PACIFIC SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 114.ASIA-PACIFIC SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 115.ASIA-PACIFIC SILICONE OIL MARKET, BY COUNTRY, 2019–2027(TONS)
TABLE 116.ASIA-PACIFIC SILICONE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 117.CHINA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 118.CHINA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 119.CHINA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 120.CHINA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 121.CHINA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 122.CHINA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 123.JAPAN SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 124.JAPAN SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 125.JAPAN SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 126.JAPAN SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 127.JAPAN SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 128.JAPAN SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 129.INDIA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 130.INDIA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 131.INDIA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 132.INDIA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 133.INDIA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 134.INDIA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 135.REST OF ASIA-PACIFIC SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 136.REST OF ASIA-PACIFIC SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 137.REST OF ASIA-PACIFIC SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 138.REST OF ASIA-PACIFIC SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 139.REST OF ASIA-PACIFIC SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 140.REST OF ASIA-PACIFIC SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 141.LAMEA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 142.LAMEA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 143.LAMEA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS
TABLE 144.LAMEA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 145.LAMEA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 146.LAMEA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 147.LAMEA SILICONE OIL MARKET, BY COUNTRY, 2019–2027(TONS)
TABLE 148.LAMEA SILICONE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 149.BRAZIL SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 150.BRAZIL SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 151.BRAZIL SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 152.BRAZIL SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 153.BRAZIL SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 154.BRAZIL SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 155.SOUTH AFRICA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 156.SOUTH AFRICA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 157.SOUTH AFRICA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 158.SOUTH AFRICA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 159.SOUTH AFRICA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 160.SOUTH AFRICA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 161.TURKEY SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 162.TURKEY SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 163.TURKEY SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 164.TURKEY SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 165.TURKEY SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 166.TURKEY SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 167.REST OF LAMEA SILICONE OIL MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 168.REST OF LAMEA SILICONE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 169.REST OF LAMEA SILICONE OIL MARKET, BY APPLICATION, 2019–2027(TONS)
TABLE 170.REST OF LAMEA SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 171.REST OF LAMEA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027(TONS)
TABLE 172.REST OF LAMEA SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 173.KEY NEW PRODUCT LAUNCHES (2016-2019)
TABLE 174.KEY EXPANSIONS (2016-2019)
TABLE 175.WACKER: COMPANY SNAPSHOT
TABLE 176.WACKER CHEMIE AG: OPERATING SEGMENTS
TABLE 177.WACKER CHEMIE AG: PRODUCT PORTFOLIO
TABLE 178.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 179.WACKER CHEMIE AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 180.EVONIK: COMPANY SNAPSHOT
TABLE 181.EVONIK: OPERATING SEGMENTS
TABLE 182.EVONIK: PRODUCT PORTFOLIO
TABLE 183.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 184.EVONIK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 185.SHIN-ETSU: COMPANY SNAPSHOT
TABLE 186.SHIN-ETSU: OPERATING SEGMENTS
TABLE 187.SHIN-ETSU: PRODUCT PORTFOLIO
TABLE 188.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 189.SHIN-ETSU: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 190.MOMENTIVE: COMPANY SNAPSHOT
TABLE 191.MOMENTIVE: OPERATING SEGMENTS
TABLE 192.MOMENTIVE: PRODUCT PORTFOLIO
TABLE 193.DOW: COMPANY SNAPSHOT
TABLE 194.DOW: OPERATING SEGMENTS
TABLE 195.DOW: PRODUCT PORTFOLIO
TABLE 196.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 197.ELKEM: COMPANY SNAPSHOT
TABLE 198.ELKEM: OPERATING SEGMENTS
TABLE 199.ELKEM: PRODUCT PORTFOLIO
TABLE 200.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 201.SILTECH: COMPANY SNAPSHOT
TABLE 202.SILTECH: PRODUCT PORTFOLIO
TABLE 203.BRB: COMPANY SNAPSHOT
TABLE 204.BRB: OPERATING SEGMENTS
TABLE 205.BRB:PRODUCT PORTFOLIO
TABLE 206.CHT: COMPANY SNAPSHOT
TABLE 207.CHT: OPERATING SEGMENTS
TABLE 208.CHT: PRODUCT PORTFOLIO
TABLE 209.IOTA SILICONE OIL: COMPANY SNAPSHOT
TABLE 210.IOTA SILICONE OIL: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.TOP INVESTMENT POCKETS, BY APPLICATION
FIGURE 03.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 04.HIGH BARGAINING POWER OF BUYERS
FIGURE 05.HIGH THREAT OF SUBSTITUTES
FIGURE 06.HIGH THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE INTENSITY OF RIVALRY
FIGURE 08.GLOBAL SILICONE OIL MARKET DYNAMICS
FIGURE 09.SILICONE OIL MARKET: VALUE CHAIN
FIGURE 10.PATENT ANALYSIS, BY COUNTRY
FIGURE 11.GLOBAL SILICONE OIL MARKET, BY TYPE, 2019–2027 ($MILLION)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF STRAIGHT SILICONE OIL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF MODIFIED SILICONE OIL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 14.GLOBAL SILICONE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR SEALANT , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR SKIN AND HAIR CARE , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR TEXTILE COATING , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR DETERGENT , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR CHEMICAL INTERMEDIATE , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR ANTI-FOAM AGENT , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR RELEASE AGENT , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR OTHERS , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.GLOBAL SILICONE OIL MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR CHEMICAL , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR CONSTRUCTION , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR PERSONAL CARE , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR TEXTILE , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR ELECTRONICS , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR AUTOMOTIVE , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR MEDICAL , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF SILICONE OIL MARKET, FOR OTHERS , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 32.U.S. SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.CANADA SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.MEXICO SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.GERMANY SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.UK SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.FRANCE SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.ITALY SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.REST OF EUROPE SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.CHINA SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 41.JAPAN SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 42.INDIA SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 43.REST OF ASIA-PACIFIC SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 44.BRAZIL SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 45.SOUTH AFRICA SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 46.TURKEY SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 47.REST OF LAMEA SILICONE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 48.MARKET PLAYER POSITIONING, 2019
FIGURE 49.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 50.WACKER: NET SALES, 2017–2019 ($MILLION)
FIGURE 51.WACKER: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 52.WACKER: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 53.R&D EXPENDITURE, 2016 –2019 ($MILLION)
FIGURE 54.EVONIK: REVENUE, 2016–2018 ($MILLION)
FIGURE 55.EVONIK: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56.EVONIK: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 57.SHIN-ETSU: REVENUE, 2016–2018 ($MILLION)
FIGURE 58.R&D EXPENDITURE, 2016 –2019 ($MILLION)
FIGURE 59.DOW: REVENUE, 2017–2019 ($MILLION)
FIGURE 60.DOW: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 61.DOW: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 62.ELKEM: NET SALES, 2017–2019 ($MILLION)
FIGURE 63.ELKEM: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 64.ELKEM: REVENUE SHARE BY REGION, 2019 (%)


 

 
 

Rise in demand from end-use industries, especially from developing countries is driving the market growth. Furthermore, some of the factors that fuel the growth of the market are biocompatibility and eco-friendly nature of silicone oil. However, availability and fluctuating cost of raw materials, granuloma formation during retinal tamponade, and silicone oil contamination in aerospace industry are expected to hinder the market growth. In terms of demand, Asia-Pacific is projected to register a significant growth as compared to North America and Europe. In addition, because of COVID-19 outbreak there is lockdown across the globe; therefore, the demand for silicone oil is anticipated to decrease from few industries such as automotive, electronics, textile, and others. Some of the industries that are not majorly hampered because of COVID-19 outbreak are personal and home care sectors.

 

 

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A. In terms of volume and revenue the CAGR of silicone oil market is 4.9% and 6.8% respectively.

A. Increasing application of silicone oil across numerous sectors such as automotive, medical, growing personal care industry in emerging economies are some of the factors anticipated to drive the silicone oil market.

A. Potential customers of silicone oil are hair care products manufacturing companies, skin care products manufacturing companies, and others.

A. On the basis of end-use industry, in terms of volume personal care segment will propel the silicone oil market growth.

A. Applications of silicone oils are sealant, skin and hair care, textile coating, chemical intermediate and others

A. Wacker Chemie AG, Elkem, Dow Inc, CHT Group, is some of the key players in the silicone oil market.

A. In terms of revenue the silicone oil market size is $3.6 billion in 2019.

 

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