Global Silicone Oil Market Insights and Forecast to 2027

A silicone oil is any liquid polymerized siloxane with organic side chains. The most important member is polydimethylsiloxane. These polymers are of commercial interest because of their relatively high thermal stability and their lubricating properties.
Asia-Pacific held the largest share of the global silicone oil market in 2017 and is expected to continue doing so during the forecast period. Asia-Pacific is also the fastest-growing market during the forecast period. Wide-scale industrialization, growing economy, and growing population are the main reasons for this high growth rate. Many global players are entering into the region due to cheap labor, easily availability of raw material, and favorable governmental rules and regulations. Among the various countries in this region, China is expected to lead the market of silicone oil, growing at the highest CAGR. The high demand for silicone oil in the country is attributed to rapid industrialization witnessed over the past few decades.

Market Analysis and Insights: Global Silicone Oil Market
The global Silicone Oil market is valued at US$ 1441 million in 2019. The market size will reach US$ 1746.1 million by the end of 2026, growing at a CAGR of 2.7% during 2021-2026.

Global Silicone Oil Scope and Segment
Silicone Oil market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Silicone Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Straight silicon oil
Modified silicon oil

Segment by Application
Personal Care & Home Care
Textile
Energy
Automotive & Transportation
Agriculture
Others

By Company
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

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions