Global Silicone Oil Market Research Report 2022

A silicone oil is any liquid polymerized siloxane with organic side chains. The most important member is polydimethylsiloxane. These polymers are of commercial interest because of their relatively high thermal stability and their lubricating properties.
Market Analysis and Insights: Global Silicone Oil Market
Due to the COVID-19 pandemic, the global Silicone Oil market size is estimated to be worth US$ 1528.3 million in 2022 and is forecast to a readjusted size of US$ 1793.2 million by 2028 with a CAGR of 2.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Straight Silicon Oil accounting for % of the Silicone Oil global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Personal Care & Home Care segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific held the largest share of the global silicone oil market in 2017 and is expected to continue doing so during the forecast period. Asia-Pacific is also the fastest-growing market during the forecast period. Wide-scale industrialization, growing economy, and growing population are the main reasons for this high growth rate. Many global players are entering into the region due to cheap labor, easily availability of raw material, and favorable governmental rules and regulations. Among the various countries in this region, China is expected to lead the market of silicone oil, growing at the highest CAGR. The high demand for silicone oil in the country is attributed to rapid industrialization witnessed over the past few decades.
Global Silicone Oil Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Silicone Oil Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Straight Silicon Oil
Modified Silicon Oil
Segment by Application
Personal Care & Home Care
Textile
Energy
Automotive & Transportation
Agriculture
Others
By Company
Dow Corning
Wacker Chemie
Shin-Etsu Chemical
Momentive Performance Materials
Elkem Silicones
ACC Silicones
M.R. Silicone
Iota Silicone Oil
KCC Basildon Chemical
Clearco Products
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina