Silicone Fluid Market on the based on Product Type (Straight Silicone Fluid, Dimethyl Silicone Fluid, Methylphenyl silicone Fluid, Methylhydrogen Silicone Fluid, Modified Silicone Fluid, Reactive Silicone Fluid, and Non-Reactive Silicone Fluid), End-User Industry (Agriculture, Energy, Personal Care, Home Care, Textile, Pharmaceutical, and Others) and Geography – Global Forecast up to 2028
The Silicone Fluid Market is expected to grow at the rate of 9.6% CAGR by 2028. Silicone fluids are silicone oils that are odorless and colorless liquids. These fluids present high safety from heat and cold. Also, these silicone fluids are moist proof. Silicone liquids exhibit an outstandingly low change in stability over a wide range of temperatures. These silicone fluids are notable for several extensive properties such as form releasability, lubricity, and defoaming. These liquids have significantly lesser surface tension over water and other usual engineered oils. Silicone fluids find extensive applications in various industries, including automotive, electronics, personal care, healthcare, and construction. The increasing demand for silicone fluids in these sectors, driven by technological advancements and product innovation, contributes to Silicone Fluid market growth. Besides that, the negative impact of silicon fluids and the huge cost of the silicone fluid restrict the silicone fluid market growth.
Silicone Fluid Market on the basis of Product Type
- Straight Silicone Fluid
- Dimethyl Silicone Fluid
- Methylphenyl silicone Fluid
- Methylhydrogen Silicone Fluid
- Modified Silicone Fluid
- Reactive Silicone Fluid
- Non-Reactive Silicone Fluid
Silicone Fluid Market on the basis of End-User Industry
- Agriculture
- Energy
- Home Care
- Personal Care
- Textile
- Pharmaceutical
- Others
Silicone Fluid Market on the basis of Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Based on product type, the Silicone Fluid market is divided into Straight Silicone Fluid, Dimethyl Silicone Fluid, Methylphenyl silicone Fluid, Methylhydrogen Silicone Fluid, Modified Silicone Fluid, Reactive Silicone Fluid, and Non-Reactive Silicone Fluid. The modified silicone fluid has the highest share in the market as it is mainly used across various industries such as textiles, construction, and others. The substantial growth of the aforementioned end-use industries in emerging regions is one of the key factors which boost the market growth. The other functional properties of modified silicone include its usage in various types of product formulations.
Based on the end-user industry, the key end-user industries include agriculture, energy, personal care, home care, textile, pharmaceutical, and others. Among them, the personal care segment holds a substantial share of the market. The substantial share is attributed to the extensive usage of silicone fluid in cosmetics. The silicone fluid is usually transparent, odorless, physiologically inertness which is highly safe for human skin. Due to its benefits, including water repellence, lubrication, low surface pressure, safety, high usability & appliance, glow, effectively moisturizing, and nontoxic, silicone is mostly used in personal care products. Silicone fluid is used in the products such as cream, moisturizers, makeup, lipstick, hair care shampoo, and body cream.
As per the regional analysis of the market, the Asia Pacific region has occupied a significant share in the market. Factors including increasing building & construction activities and rapid urbanization, which have led to the various infrastructure projects in the major countries of this region, drive the growth in this region.
The rapid growth of the global electric vehicle market is driving the demand for silicone fluids market in EV battery cooling systems. Silicone fluids are known for their excellent thermal stability and dielectric properties, making them ideal for use in electric vehicle batteries to maintain optimal operating temperatures. Furthermore, globally increasing environmental awareness and sustainability concerns have led to a growing preference for eco-friendly and biodegradable products. Silicone fluids that are bio-based or derived from renewable sources gain traction as companies seek greener alternatives which is another trend boosting the global market growth.
The report includes the leading players of the silicone fluids market- Shin-Etsu Chemical Co., Ltd, KCC Basildon, ACC Silicones, Gelest Inc., BRB International, Bluestar Silicones International, Momentive Performance Materials Inc., Dow Corning Corporation, China National Chemical Corporation and Siltech Corporation.
Henceforth, the silicone fluids market exhibits a major growth due to the extensive application of silicone fluid as raw materials in various industries. The extensive application of silicone fluid is primarily attributed to its exceptional properties.
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