Global Silicone Elastomer Gel in Cosmetics Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Silicone Elastomer Gel in Cosmetics Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Silicone Elastomer Gel is a kind of cross-linked silicone elastomer polymer scattering around the cyclosiloxane in nano-scale size. It has unchangeable shape and volume while only exists in stable form of scattered patterns since it con not be dissolved in oil phase. It can be used as ideal base materials in high grade skin care products to improve skin texture, cover freckles, adjust Oil/Hydro-balancing, control skin secretion, possess long-lasting matting performance, and overcome the problem of oily skin. In addition, it also can be utilized as thickener for oil phase.

Market Overview:

The latest research study on the global Silicone Elastomer Gel in Cosmetics market finds that the global Silicone Elastomer Gel in Cosmetics market reached a value of USD 542.43 million in 2022. It’s expected that the market will achieve USD 687.53 million by 2028, exhibiting a CAGR of 4.03% during the forecast period.

Influence of COVID-19 Outbreak on Silicone Elastomer Gel in Cosmetics Industry Development

Due to the particularity of the epidemic situation, governments and regions of various countries have introduced policies to restrict transportation. It is required to minimize travel, avoid crowds and reduce the spread of diseases. Different countries have different policies, cross-border trade is restricted, and the state controls import and export products more strictly, which increases the transportation time of Silicone Elastomer Gel. These measures increase the difficulty of transporting Silicone Elastomer Gel, especially the import and export products. Many modes of transportation are affected and some modes of transportation are canceled, so the products ordered by online buyers cannot be delivered. The seller can only change the mode of transportation and shorten the transportation time as much as possible. For example, some sellers change railway transportation to air transportation, and the air transportation price is about 4-5 times that of railway, which increases the transportation cost of Silicone Elastomer Gel. Sellers will naturally increase the price of goods, and the price increase may reduce customer demand, thus affecting sales and the development of the Silicone Elastomer Gel industry.Affected by the COVID-19 epidemic, industries all over the world are in a state of blockade and closure, and factories cannot operate normally. In addition, countries have implemented relevant restrictive policies. Not only domestic industries can't trade, but countries can't trade because of the supervision of cross-border imports and export. The epidemic situation in COVID-19 had a negative impact on the upstream process of the Silicone Elastomer Gel market and delayed the delivery time of raw material supplements. Moreover, the production of Silicone Elastomer Gel needs a lot of raw materials. If the raw materials can't be replenished in time, the production of Silicone Elastomer Gel can't be carried out normally, thus affecting the output and supply of Silicone Elastomer Gel.

Industry Drivers

Silicone Elastomer Gel has the characteristics of buffering, moisturizing, enhanced spreadability, pigment dispersibility, and barrier property. Silicone elastomer gels are generally used as thickeners for silicone encapsulated water formulations without heating. Because of their inherent compatibility with a variety of lipophilic active ingredients (for example, fragrances, UV filters, anti-aging active ingredients), they can be used as stabilizers. They provide a silky, smooth effect and reduce the viscosity of a given formulation.Because silicone elastomer gel in cosmetics provides many excellent benefits, they are widely used in skincare, haircare, color cosmetics, antiperspirants, and sunscreen formulas. Make-up products, such as foundation, eye shadow, blush, eyeliner, and eyeliner, have a sense of high quality due to the use of Silicone Elastomer Gel. Silicone Elastomer Gel gives the face a malleable and luxurious appearance. Silicone Elastomer Gel in foundation gives skin a fresh and moist appearance. Silicone Elastomer Gel can retain moisture and prevent dry skin. The excellent characteristics of silicone elastomer gel in cosmetics make it used in a variety of products. The wide application of Silicone Elastomer Gel is an important factor to promote the market development of this industry.At present, due to the enhancement of people's beauty awareness and the continuous emergence of various cosmetics, skincare products, beauty products, and hair care products all over the world, the global cosmetics, and skincare products industries are experiencing rapid growth. Cosmetics and skincare products have become an indispensable part of the lifestyle of many people in modern times. The growing awareness of external beauty and personal inner wisdom has become one of the main driving factors for the use of cosmetics in the global market. In addition, not only the number of women using cosmetics and skin care products is increasing, but also the number of men using cosmetics in their daily lives is increasing, which also promotes the growth of the global cosmetics and skincare products market.With the increasing use of cosmetics and skin care products in the world, many investors have flocked to the cosmetics and skincare products market. Up to now, many cosmetics and skincare products are produced all over the world every year. Silicone Elastomer Gel is an important raw material in the manufacture of cosmetics and skincare products, and its market will also develop with the growth of the cosmetics and skin care products market. Therefore, the demand for cosmetics and skincare products will increase the demand for Silicone Elastomer Gel, which is beneficial to the development of the Silicone Elastomer Gel market.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview

Dow Chemical is one of the major players operating in the Silicone Elastomer Gel in Cosmetics market, holding a share of 28.87% in 2022.Dow Chemical Company, American chemical and plastics manufacturer that is one of the world's leading suppliers of chemicals, plastics, synthetic fibres, and agricultural products. Headquarters are in Midland, Michigan.Elkem is one of the world's leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity.Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities.

Segmentation Overview:

Among different product types, Volatile segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Skin Care segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Silicone Elastomer Gel in Cosmetics market covered in Chapter 3:

Basildon ChemicalsGrant IndustriesAvantorDow ChemicalShin-Etsu ChemicalWacker Chemie AGELKEMCHT Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Silicone Elastomer Gel in Cosmetics market from 2018 to 2029 is primarily split into:

VolatileNon-Volatile

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Silicone Elastomer Gel in Cosmetics market from 2018 to 2029 covers:

Sun CareSkin CareHair CareOthers

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)