Silicone oils are generally
colourless transparent liquids, exhibiting excellent resistance to heat, cold,
and moisture. They belong to a group of polymeric and monomeric compounds that
constitutes of silicon-oxygen bonds named organosiloxane. Silicone oils offer excellent stability when
exposed to high temperatures for extended periods of time and have remarkably
high resistance to cessation by mechanical shearing. The shear stability of silicone fluids can be
as much as twenty times that of superior petroleum oils, providing extended
life at high speed and loading.
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The global silicone oil market is
gaining notable growth due to replacement of hydrocarbon-based products with
silicone oil-based products. In addition, high potential of silicone oil in
healthcare applications will support the market growth in near future.
Furthermore, the overall market is also being propelled by rapidly increasing
demand from emerging countries such as China and India. Being the major markets for silicone oil in
the APAC region, these countries are observing wide industrialization, thus
propelling the market growth. However, the global silicone oil market is
hampered by high cost of production.
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The report analyses the global silicone oil
market based on product type, application, end
use industry and geography. Based on product type, the global silicone oil market is segmented into straight silicone oil
and modified silicone oil. The modified silicone oil accounted for the largest
share of the silicone oil market in 2017. Modified silicone is used in
widespread applications, as cosmetics ingredients, resin modifiers, textile agents,
waxes additives and construction water repellents among others. Based on
application, this market is segmented into adhesives, anti-foam agent,
lubricant, release agent, solvent, water repellent and others (insulator,
additives, etc.). The water repellent segment dominated the global market in
2017 and is expected to dominate the market in the future, owing to water
repellent property of silicones, making it suitable for treating cotton,
polyester acetate, and other fibers.
Based on end use industry, the global silicone oil market
is divided into personal care & home care, textile, energy, automotive
& transportation, agriculture and others (pharmaceutical, electrical &
electronics etc.). Personal care & home care attributed to the largest
share of silicone oil among the various end-use industries. This large share is
mainly due to use of silicone oil in numerous homecare & personal care
applications because to its biocompatibility, low surface tension, high
permeability, and pressure sensitive properties.
By geography, the global
silicone oil market is studied across the countries of key regions such as,
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. In 2017, Asia Pacific dominated the global silicone oil market, and is
expected to retain the share during the forecast period as well. Increasing
industrialization, growing economy, and budding population are the main reasons
for this high growth rate. Many international players are entering the region
due to cheap labour, easily availability of raw material, and favourable
governmental rules and regulations.
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Email: sales@axiommrc.com
Tel: +1(845)875-9786, +44(0) 20 23869707
