Market Overview:
The global silicone oil market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for silicone oil in personal care and home care applications, textile applications, energy applications, automotive and transportation applications, and agriculture applications. Additionally, the growing demand for silicone oil from emerging economies such as China and India is also contributing to the growth of the global silicone oil market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, straight silicon oils are expected to account for a larger share than modified silicon oils in terms of revenue during 2018-2030 owing to their higher adoption rates across various end-use industries such as personal care & home care; textile; energy; automotive & transportation; agriculture; and others.
Product Definition:
Silicone oil is a synthetic material made of silicon atoms and oxygen atoms. It is used as a lubricant and to make rubber, plastic, and other materials more flexible.
Straight Silicon Oil:
Straight silicon oil is a type of silicone oil produced by the polymerization of liquid silica. It has applications in various industries including cosmetics, lubricants, and paints. The product finds its major application as a carrier for other oils in cosmetics and personal care products such as shampoos, moisturizers lotions & creams. Growing demand for these products owing to increasing consumer awareness regarding their benefits coupled with rising disposable income is expected to drive market growth over the forecast period.
Modified Silicon Oil:
Modified silicon oil is a type of silicone oil that has been treated or modified to improve its chemical and physical properties. It is produced by adding chemicals such as aluminum, zinc, or tin to the basic raw material (RSO) which consists of dimethyl siloxane and diethyl carbonate. These additives help in increasing the viscosity index, heat resistance, anti-foaming properties among others.
Application Insights:
The textile application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The product has excellent properties such as low friction coefficient, high viscosity index, high thermal stability and good flexibility which makes it suitable for use in various types of textiles including technical fabrics, apparel & accessories fibers, drapes & curtains and home textile products. Silicone oil finds its usage as an additive to enhance the functionality of existing lubricants for textile applications.
The automotive application segment is expected to witness growth with a CAGR exceeding 7% from 2018 to 2030 on account of increasing demand for silicone oil based motor oils from various automotive components such as transmission systems, engine bearings and valve train systems that are used across multiple vehicle models produced by major car manufacturers globally including Ford Motor Company (U.S.), Toyota Motors Corporation (Japan), General Motors Company (U.S.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and has one of the highest growth rates in population. Growing disposable income, rising consumer awareness about health & hygiene, and expanding manufacturing sector are some key factors driving product demand in APAC countries such as China, India, South Korea, Japan etc.
The silicone oil market is highly fragmented with various small companies offering products directly to consumers through e-commerce websites or offline channels. These companies focus on developing new products by understanding customer needs better than large manufacturers can do and thus gain an advantage over them by providing high quality products at lower prices or gaining a competitive edge through innovation (for example; customized formulas).
Growth Factors:
- Increasing demand for silicone oil in the cosmetics and personal care industry as a result of its moisturizing properties.
- Rising demand from the automotive industry for silicone oils with superior thermal stability and low volatility.
- Growing use of silicone oils in food processing due to their non-toxic, heat-resistant, and waterproof properties.
- Increasing penetration of silicone oils in the medical sector as a lubricant and coating agent in implants, prostheses, and other medical devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Oil Market Research Report
By Type
Straight Silicon Oil, Modified Silicon Oil
By Application
Personal Care & Home Care, Textile, Energy, Automotive & Transportation, Agriculture, Others
By Companies
Dow Corning, Wacker Chemie, Shin-Etsu Chemical, Momentive Performance Materials, Elkem Silicones, ACC Silicones, M.R. Silicone, Iota Silicone Oil, KCC Basildon Chemical, Clearco Products, Dow Corning
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Oil Market Report Segments:
The global Silicone Oil market is segmented on the basis of:
Types
Straight Silicon Oil, Modified Silicon Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Care & Home Care, Textile, Energy, Automotive & Transportation, Agriculture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow Corning
- Wacker Chemie
- Shin-Etsu Chemical
- Momentive Performance Materials
- Elkem Silicones
- ACC Silicones
- M.R. Silicone
- Iota Silicone Oil
- KCC Basildon Chemical
- Clearco Products
- Dow Corning
Highlights of The Silicone Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Straight Silicon Oil
- Modified Silicon Oil
- By Application:
- Personal Care & Home Care
- Textile
- Energy
- Automotive & Transportation
- Agriculture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicone Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silicone oil is a type of oil that is derived from silicone. It is used in many different products, including cosmetics and personal care products. Silicone oil can be used to help protect the skin from the sun and other elements, as well as to provide a smooth texture to the skin.
Some of the key players operating in the silicone oil market are Dow Corning, Wacker Chemie, Shin-Etsu Chemical, Momentive Performance Materials, Elkem Silicones, ACC Silicones, M.R. Silicone, Iota Silicone Oil, KCC Basildon Chemical, Clearco Products, Dow Corning.
The silicone oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicone Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Silicone Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicone Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Silicone Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Silicone Oil Market Size & Forecast, 2018-2028
4.5.1 Silicone Oil Market Size and Y-o-Y Growth
4.5.2 Silicone Oil Market Absolute $ Opportunity
Chapter 5 Global Silicone Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Silicone Oil Market Size Forecast by Type
5.2.1 Straight Silicon Oil
5.2.2 Modified Silicon Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Silicone Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Silicone Oil Market Size Forecast by Applications
6.2.1 Personal Care & Home Care
6.2.2 Textile
6.2.3 Energy
6.2.4 Automotive & Transportation
6.2.5 Agriculture
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silicone Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Silicone Oil Analysis and Forecast
9.1 Introduction
9.2 North America Silicone Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Silicone Oil Market Size Forecast by Type
9.6.1 Straight Silicon Oil
9.6.2 Modified Silicon Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Silicone Oil Market Size Forecast by Applications
9.10.1 Personal Care & Home Care
9.10.2 Textile
9.10.3 Energy
9.10.4 Automotive & Transportation
9.10.5 Agriculture
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Silicone Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Silicone Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Silicone Oil Market Size Forecast by Type
10.6.1 Straight Silicon Oil
10.6.2 Modified Silicon Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Silicone Oil Market Size Forecast by Applications
10.10.1 Personal Care & Home Care
10.10.2 Textile
10.10.3 Energy
10.10.4 Automotive & Transportation
10.10.5 Agriculture
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Silicone Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Silicone Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Silicone Oil Market Size Forecast by Type
11.6.1 Straight Silicon Oil
11.6.2 Modified Silicon Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Silicone Oil Market Size Forecast by Applications
11.10.1 Personal Care & Home Care
11.10.2 Textile
11.10.3 Energy
11.10.4 Automotive & Transportation
11.10.5 Agriculture
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Silicone Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Silicone Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Silicone Oil Market Size Forecast by Type
12.6.1 Straight Silicon Oil
12.6.2 Modified Silicon Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Silicone Oil Market Size Forecast by Applications
12.10.1 Personal Care & Home Care
12.10.2 Textile
12.10.3 Energy
12.10.4 Automotive & Transportation
12.10.5 Agriculture
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Silicone Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Silicone Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Silicone Oil Market Size Forecast by Type
13.6.1 Straight Silicon Oil
13.6.2 Modified Silicon Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Silicone Oil Market Size Forecast by Applications
13.10.1 Personal Care & Home Care
13.10.2 Textile
13.10.3 Energy
13.10.4 Automotive & Transportation
13.10.5 Agriculture
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silicone Oil Market: Competitive Dashboard
14.2 Global Silicone Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow Corning
14.3.2 Wacker Chemie
14.3.3 Shin-Etsu Chemical
14.3.4 Momentive Performance Materials
14.3.5 Elkem Silicones
14.3.6 ACC Silicones
14.3.7 M.R. Silicone
14.3.8 Iota Silicone Oil
14.3.9 KCC Basildon Chemical
14.3.10 Clearco Products
14.3.11 Dow Corning
