Silicones, also known as polydiorganosiloxanes, are of great commercial use as it has relatively high thermal stability and lubricating properties. Silicone fluids have siloxane backbones and organo-functional groups, which are thermally stable. This chemical composition improves silicone fluid’s compatibility with organic resigns. Silicone fluids have high resistance to temperature and high thermo oxidative resistance. Silicone fluids are tasteless, odourless and transparent liquids. Silicone fluids are also stable than organic polymers in terms of electromagnetic properties and UV, alpha, beta and gamma radiations.
Global silicone fluids demand is anticipated to be valued at US$ 5.4 Billion in 2022, forecast to grow at a CAGR of 6.03% to be valued at US$ 9.7 Billion from 2022 to 2032.
Silicone fluids are used for hydrophobic treatment of mineral wool and glass. Silicone fluids can also be modified due to its chemical functionalization. The two common ways in which silicone fluids are modified are either attaching long alkyl chains or functionalizing silicone fluids with organic polymers.
Silicone Fluid Market: Drivers & Restraints
Increase in demand of end-user industries such as textile, cosmetics, toiletries, pharmaceutical etc. are expected to drive the global silicone fluid market. In addition, rise in construction activities, increasing investment across end user industries, its excellent heat resistant property, thermal stability and solubility are expected to further drive the demand for silicone fluid market by 2025 end. Surface tension of silicone fluids is low, thus making them more preferable for the applications where greater spreading power and surface activity is required. Silicone fluids have very little viscosity change over a wide range of temperature and have almost no adverse effect on metals and other materials, hence have an increasing demand over wide range of applications.
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Currently, APAC serves as a large market for silicone fluid due to flourishing infrastructure sector and increasing per capita income. APAC is expected to continue its market leader position during the forecast period followed by Europe and North America. Rising infrastructure activities is expected to open new market avenues in APAC, particularly in India and China. Currently Europe is the second largest market for silicone fluid. Middle East & Africa silicone fluid market are still at a nascent stage. However, emerging countries such as UAE and Brazil are expected to have a significant market share in the respective regions.
Silicone Fluid Market: Key Players
Some of the key market participants in the global silicone fluid market are
- Chemie AG
- Bluestar Silicones
- Momentive Specialty Chemicals Inc.
- Shin-Etsu Chemical Co. Ltd. and Dow Corning Corp.
- ACC Silicones
- KCC Basildon
- Gelest Inc.
- Siltech Corporation
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments by geographies and by vehicle type.
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Key Segments Profiled in the Silicone Fluids Industry Survey
Type:
- Straight Silicone Fluid
- Dimethyl Silicone Fluid
- Methylphenyl Silicone Fluid
- Methylhydrogen Silicone Fluid
- Modified
- Reactive Silicone Fluid
- Non-Reactive Silicone Fluid
End Use Industry:
- Silicone Fluids for Agriculture
- Silicone Fluids for Energy
- Silicone Fluids for Homecare
- Silicone Fluids for Personal Care
- Silicone Fluids for Textiles
- Silicone Fluids for Pharmaceuticals
- Silicone Fluids for Other End Use Industries
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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