Global Phenyl Methyl Silicone Oil Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Phenyl Methyl Silicone Oil is a composite silicone oil with phenyl group introduced into the molecular chain of dimethyl siloxane. It has better high temperature resistance, radiation resistance, lubrication performance and solubility than methyl silicone oil. Temperature -50 ° C ~ 250 ° C.
Market Overview:The latest research study on the global Phenyl Methyl Silicone Oil market finds that the global Phenyl Methyl Silicone Oil market reached a value of USD 107.58 million in 2022. It’s expected that the market will achieve USD 139.5 million by 2028, exhibiting a CAGR of 4.43% during the forecast period.
Rising labor costs
With the development of the economy, people's demand for wages is getting higher and higher, resulting in rising labor prices around the world. Considering that the production of Phenyl Methyl Silicone Oil requires more labor, manufacturers' costs increase as labor costs increase.
Fluctuation in raw material prices
Phenyl Methyl Silicone Oil is synthesized through condensation. The main raw materials are Diphenyldimethoxysilane and Dimethyldiethoxysilane.
In the entire production of Phenyl Methyl Silicone Oil, direct raw material costs account for about 50% of total manufacturing costs. As the price of raw materials rises, manufacturers' manufacturing costs will increase, thereby reducing the profits available to manufacturers.
Threats from silicone-free shampoos
Because Asians have straight and stiff hair, consumers will pursue cleansing products with a smooth texture and soft effect for a long time. To cater to consumer demand, manufacturers use formulas containing silicone oils in their products.
With the various hazards of silicone oil circulating on the Internet, it is even said that because the substance itself is impermeable to water, it will cause closed pores, itchy scalp, hair loss, etc., and even associate it with modern hair loss. This will, to a certain extent, affect the amount of Phenyl Methyl Silicone Oil used in personal care.
Industrial growth in emerging economies
Among developing economies such as India, China, Indonesia, and South Korea, strong global trade, rising commodity prices, and domestic support policies have driven growth in the industrial sector. The strong growth in the Asia-Pacific region, mainly GDP growth driven by private consumption and fixed investment, has accelerated progress in the industrial sector, which has a positive impact on the application of Phenyl Methyl Silicone Oil in the industrial sector.
Region Overview:Asia Pacific dominated the Phenyl Methyl Silicone Oil market in 2022, with a market share of 51.05%.
Company Overview:Dow Corning is one of the major players operating in the Phenyl Methyl Silicone Oil market, holding a share of 60.26% in 2023.
Dow Corning
Dow Corning Corporation is an American multinational company headquartered in Midland, Michigan, USA. Originally established as a joint venture between Dow Chemical and Corning, Dow acquired Corning, and Dow Corning became a 100% subsidiary of Dow.
Shin-Etsu Chemical
Shin-Etsu has the largest global market share for polyvinyl chloride, semiconductor silicon, and photomask substrates.
Segmentation Overview:Among different product types, Mid Phenyl Content segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Personal Care segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Phenyl Methyl Silicone Oil market covered in Chapter 3:Clearco Products
Shin-Etsu Chemical
Elkem Silicones
Iota Silicone Oil (Anhui)
RUISIL
Wacker Chemie AG
Momentive
Dow Corning
KCC Basildon Chemicals
Power Chemical Corporation
In Chapter 4 and Chapter 14.2, on the basis of types, the Phenyl Methyl Silicone Oil market from 2018 to 2029 is primarily split into:Low Phenyl Content
Mid Phenyl Content
High Phenyl Content
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Phenyl Methyl Silicone Oil market from 2018 to 2029 covers:Lubricants
Insulating Oils
Heat Exchange Fluid
Dipping Liquid
Personal Care
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)