Global Silicone Fluid Market 2024-2028
The silicone fluid market is forecasted to grow by USD 1136.1 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the silicone fluid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from personal care industry, superior properties of silicone fluid, and increasing demand from developing countries.
Technavio's silicone fluid market is segmented as below:
By End-user
- Personal and home care
- Energy
- Agriculture
- Textile
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing use of silicone fluids in food processing industry as one of the prime reasons driving the silicone fluid market growth during the next few years. Also, growing demand for bio-based products and capacity expansion of silicone fluid will lead to sizable demand in the market.
The report on the silicone fluid market covers the following areas:
- Silicone fluid market sizing
- Silicone fluid market forecast
- Silicone fluid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silicone fluid market vendors that include 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., and Wacker Chemie AG. Also, the silicone fluid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.