Silicone oils have been used in a wide range of textile processes, due to their various qualities impacting the final qualities of textile goods and the process of making fabric. The use of silicone oils as textile finishing agents is one important factor. They are used to enhance the characteristics of fabrics by incorporating specific desired qualities such as smoothness, softness, and resistance to wrinkling.
Textiles coated with silicone have better drape and hand feel, which appeals to consumers. This has increased the need for silicone oils in finishing treatments for a wide range of textiles, including technical textiles and textiles for the house and clothes. This supports the industry's increasing dedication to ecologically friendly operations, which increases the need for silicone oils. In conclusion, silicone oil's variety of uses in boosting fabric qualities, increasing production efficiency, and harmonizing with sustainable textile practices is driving its rising usage in the textile sector.
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The Global Silicone Oil Market is expected to reach USD 6,850,446,330.12 by 2031 from USD 3,848,092,820.00 in 2023, growing with a CAGR of 7.65% in the forecast period of 2024 to 2031.
Key Findings of the Study
Widespread Adoption of Silicone Oil across Diverse Industries, Including Cosmetics and Personal Care
The smooth and silky texture of silicone oils, combined with their non-greasy and lightweight feel, makes them a superior choice for formulations in skincare, hair care, and cosmetic goods. Silicone oils added to cosmetic formulas improve product performance by offering customers a rich sensory experience, better moisturization, and enhanced spreadability. The increasing demand for silicone oils as essential components of a wide range of cosmetic goods, from lotions and creams to hair serums and makeup, is a result of the general acceptance of these qualities.
Silicone oil is being adopted by various industries outside cosmetics, which is supporting its global market expansion. Silicone oils find use in the production of medical equipment, and the automotive and aerospace industries depend on them for high-performance sealants and lubricants due to their lubricating qualities. Silicone oils are essential to the manufacturing of solar cells and modules, therefore, the solar power industry also contributes to the growing market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD and Volume in Kilograms
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Segments Covered
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Type (Straight-Chained Silicone Oil and Modified-Chained Silicone Oil), Product Type (Polydimethylsiloxane (PDMS), Phenyl Methyl Silicone Oil, Polymethyl Hydrogen Siloxane, Amino Silicone Oil, Vinyl Silicone Oil, Hydrogen Silicone Oil, and Others), Function (Lubricants, Sealant, Formulations, Water Repellants, Anti-Foam Agents, Heat Carrier, Hydraulic Fluids, Release Agent, Working Media, Damping Fluid, Chemical Intermediate, Liquid Dielectrics, Additives, Thermal Bath Fluid, and Others), End-Use (Electrical & Electronics, Automotive/Transportation, Industrial, Building & Construction, Rubber and Plastic Industry, Oil and Gas, Pharmaceuticals and Medical, Home Care, Consumer Goods, Aerospace and Defence, Agriculture, Textile, Packaging, Energy, Paper and Pulp, Personal Care and Cosmetics, and Others)
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Countries Covered
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U.S., Canada, Mexico, France, Germany, U.K., Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland, Rest of Europe, China, India, Indonesia, Hong Kong, Taiwan, Thailand, Japan, Malaysia, Philippines, South Korea, Singapore, Australia & New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, and Rest of Middle East and Africa
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Market Players Covered
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Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd (China), Elkem ASA (Norway), Dow (U.S.), FUCHS (Germany), Evonik Industries AG (Germany), Hoshine Silicon Industry Co., Ltd (China), Hubei Xingfa Chemicals Group Co., Ltd (China), BRB International B.V. (A subsidiary of PETRONAS Chemicals Group Berhad) (Europe), Aurolab (India), Clearco Products Co, Inc. (U.S.), D R P Silicon (India), CHT Germany GmbH (Germany), Momentive (U.S.), Siltech Corporation (Canada), Electrolube (U.K.), SiSiB SILICONES (Subsidiary of PCC GROUP) (China), IOTA silicone (China), ARIHANT SOLVENTS AND CHEMICALS (India), and ALSTONE INDUSTRIES PVT. LTD. (India) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The global silicone oil market is segmented into four segments based on type, product type, function, and end-use.
- On the basis of type, the market is segmented into straight-chained silicone oil and modified-chained silicone oil
In 2024, the straight-chained silicone segment is expected to dominate the global silicone oil market
In 2024, the straight-chained silicone oil segment is expected to dominate the market with a 56.90% market share as it offers good lubrication properties, reducing friction and providing a smooth, non-greasy feel. Their thermal stability and resistance to oxidation make them ideal for high-temperature applications in industries such as automotive, textiles, and manufacturing.
- On the basis of product type, the market is segmented into Polydimethylsiloxane (PDMS), phenyl methyl silicone oil, polymethyl hydrogen siloxane, amino silicone oil, vinyl silicone oil, hydrogen silicone oil, and others
In 2024, the Polydimethylsiloxane (PDMS) segment is expected to dominate the global silicone oil market
In 2024, the Polydimethylsiloxane (PDMS) segment is expected to dominate the market with 36.88% market share as it offers versatility, serving as a biocompatible material in medical devices and a lubricating agent in various industries. Its inertness, thermal stability, and water-repellent properties make it valuable for diverse applications.
- On the basis of function, the market is segmented into lubricants, sealant, formulations, water repellants, anti- foam agents, heat carrier, hydraulic fluids, release agent, working media, damping fluid, chemical intermediate, liquid dielectrics, additives, thermal bath fluid, and others. In 2024 lubricants are expected to dominate the market with a 19.57% market share
- On the basis of end-use, the market is segmented into electrical & electronics, automotive/transportation, industrial, building & construction, rubber and plastic industry, oil and gas, pharmaceuticals and medical, home care, consumer goods, aerospace and defence, agriculture, textiles, packaging, energy, paper and pulp, personal care and cosmetics, and others. In 2024 electrical and electronics are expected to dominate the market with a 19.89% market share
Major Players
Data Bridge Market Research analyzes Dow (U.S.), Wacker Chemie AG (Germany), FUCHS (Germany), Evonik Industries AG (Germany), and Hubei Xingfa Chemicals Group Co., Ltd (China) as the major players in the global silicone oil market.
Market Developments
- In October 2023, Shin-Etsu Chemical Co., Ltd established a Sustainable Silicone Business Development Department to enhance the development and sales of eco-friendly silicone products, aligning with a 100 billion investment and contributing to sustainable growth
- In September 2023, WACKER Chemie AG initiated a 100 Million expansion project in Zhangjiagang, China, enhancing specialty silicone production. New production lines for functional silicone fluids, emulsions, and elastomer gels aim to start operation by H2 2025
- In April 2022, Shin-Etsu Chemical Co., Ltd announced a global price increase for its silicone products due to soaring costs of silicon metal, methanol, and manufacturing energy. Despite internal cost-cutting measures, price revisions are necessary for sustainable
- In June 2021, WACKER Chemie AG introduced BELSIL DADM 3050 E, an innovative co-emulsion of silicone fluid and coconut oil for hair care products. This blend enhances conditioning, softens, and repairs hair, simplifying product preparation and ensuring stability
- In May 2021, Shin-Etsu Chemical introduced KF-4422, a high-purity volatile silicone fluid enhancing sensory feel in personal care products. The improved solubility and unique properties, it addresses market demands, showcasing the company's innovation and commitment to customer satisfaction
Regional Analysis
Geographically, the countries covered in global silicone oil market report are into U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, rest of Europe, Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, Hong Kong, Taiwan, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, and rest of Middle East and America.
As per DBMR analysis:
North America is the dominant region in the global silicone oil market
North America is expected to dominate the global silicone oil market due to the growing use of silicone oil in textile industry.
Asia-Pacific is estimated to be the fastest-growing region in the global silicone oil market
Asia-Pacific is the fastest-growing due to the rising demand of silicone oil in electronics, and automotive applications.
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