openPR Logo
Press release

Growth of Innovations in Silicone Oil Market by Major Players: Wacker Chemie A.G., Dow Corning Corporation, Momentive Performance Materials, Shin-Etsu Chemical, Bluestar Silicones International and More

03-15-2019 07:48 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Silicone Oil Market

Silicone Oil Market

As of 2015, automotive and medical industries contributed a small share in the global silicone oil market revenues, but the scenario is expected to change in future and estimated to grow at higher CAGR.

Silicone Oil Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $2,557 million by 2022, registering a CAGR of 4.6% during the period 2016-2022.Automotive and medical segments are expected to be the fastest growing end users in terms of revenue; whereas personal care and electronics segments are projected to be fastest growing segment in terms of volume.

North America and Europe together accounted for over half of the market revenues in 2015. However, Asia-Pacific is major market for silicone oil and is also estimated to witness the fastest growth owing to the rise in income and spending power of consumers in the emerging economies. Asia-Pacific contributed to around two-fifths of the market revenue in 2015 followed by Europe and North America. China alone accounted for one-fourth share from the overall Asia-Pacific revenue in 2015.

Get Sample PDF Brochure of Silicon Oil Market Study at: https://www.alliedmarketresearch.com/request-sample/1738

The key players have adopted product launch and expansion as their key strategies to develop innovative products, reduce competition and capture additional market share. The prominent players profiled in this report include Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Bluestar Silicones International Co., Ltd (Elkem), Dow Corning Corporation, Wacker Chemie AG, Evonik Industries AG, Sigma-Aldrich Corporation (Merck), BRB International B.V., ACC Silicones Ltd., and Siltech Corporation.

Chemical industry accounted for around one-fourth of the global silicone oil market revenue in 2015. This can be attributed to its properties that include heat & cold resistance, viscosity stability, chemical stability, and low surface tension that make it ideal for chemical industry. Moreover, construction and personal care are other important end users of silicone oil.

It is used as coatings, sealants, and water repellents in construction industry, owing to its ability to cross-link into films in presence of catalysts and form waterproof membranes on the surface of various materials; while in personal care industry, it is used in anti-aging creams and sunscreens as it offers volatility control, a smooth feel, improved water repellency, excellent spread-ability, and enhanced gloss. In addition, it is used in hair care products for hair conditioning, increased shine, color protection, and frizz control.

In the year 2015, the skin & hair applications, sealants, and chemical intermediate application segments together accounted for more than three-fifths share of the silicone oil market revenue. Asia-Pacific has witnessed a rise in market share of these applications owing to an increase in individual expenditure on skin & hair care products as well as rapid growth of infrastructure activities in the region.

Key Findings of the Silicone Oil Market

• Though U.S. will continue to dominate the North America silicone oil market, Canada will grow at a higher CAGR of 5.9% during forecast period.
• Asia-Pacific is the major and fastest growing region with the CAGR of 5.0% in terms of volume for silicone oil market.
• France dominated the European market with around one-fourth revenue share in 2015.
• Chemical and construction end user segments together accounted for around half of the revenue share and dominated the market in 2015.

Buy Now at: https://www.alliedmarketresearch.com/checkout/190078

About us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David C
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Growth of Innovations in Silicone Oil Market by Major Players: Wacker Chemie A.G., Dow Corning Corporation, Momentive Performance Materials, Shin-Etsu Chemical, Bluestar Silicones International and More here

News-ID: 1656069 • Views: 430

More Releases from Allied Market Research

Diphtheria, Tetanus, and Pertussis (DTP) Vaccine Market Expected to Reach $7.05 …
According to a new report published by Allied Market Research, titled, “Diphtheria, Tetanus, and Pertussis (DTP) Vaccine Market by Product, Age Group, and End User: Opportunity Analysis and Industry Forecast, 2020–2027," the global Diphtheria, Tetanus, and Pertussis Vaccine market was valued at $ 4,758.8 million in 2019 and is expected to reach $ 7,054.4 million by 2027, with a CAGR of 5.1% from 2020-2027. The DTaP segment accounted for major
Burn Care Market Expected to Reach $3,134 Million by 2027
According to a new report published by Allied Market Research, titled, “Burn care Market by Product, Depth of Burn, and End User: Opportunity Analysis and Industry Forecast, 2020–2027," the global burn care market size was valued at $1,992 million in 2019, and is projected to reach $3,134 million by 2027, growing at a CAGR of 5.6% from 2020 to 2027. Click Here To Access Free Sample Report: https://www.alliedmarketresearch.com/request-sample/4395 Burns are injuries
Drug Delivery Devices Market projected to Cross $26.7 Billion by 2026
Drug Delivery Devices Market size was valued at $19 billion in 2018, and is expected to reach $26.7 billion by 2026, registering a CAGR of 4.3% from 2019 to 2026. Drugs are used to improve health and to extend lives. However, the medications can be taken in various ways, including by swallowing, by absorption, by inhalation, through the skin, and by intravenous injection. For this, the drug delivery devices are developed,
Pharmaceutical Filtration Market on Position to Hit $7.74 Billion by 2026
Pharmaceutical filtration is defined as a filtration process to separate suspended particles from a medium or solution by passing them through a membrane. They reduce or eliminate the bacteria or other microorganisms in process components. The filtration process can be combined with other pharmaceutical manufacturing operations. Pharmaceutical filters are used in the production of small molecule ingredients such as active pharmaceutical ingredients (APIs) and pharmaceutical excipients. In addition, it is

All 5 Releases


More Releases for Silicon

Global Solar Grade Multi-Crystal Silicon Market Leading Major Players – GCL-Po …
Researchmoz added Most up-to-date research on "Global (United States, European Union and China) Solar Grade Multi-Crystal Silicon Market Research Report 2019-2025" to its huge collection of research reports. The Solar Grade Multi-Crystal Silicon market report [6 Year Forecast 2019-2025] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials
Global Solar Grade Multi-Crystal Silicon Market to 2025| OCI, GCL-Poly, Asia Sil …
Researchmoz added Most up-to-date research on "Global Solar Grade Multi-Crystal Silicon Market Research Report 2019" to its huge collection of research reports. The global Solar Grade Multi-Crystal Silicon market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. Get Free Sample PDF for Professional Insights: https://www.researchmoz.us/enquiry.php?type=S&repid=2206920 This report focuses on Solar Grade Multi-Crystal Silicon volume and
Silicon Wafer Market - Consumer Electronics Supporting Demand for Silicon Wafers
The leading four companies in the global silicon wafers market, namely SUMCO Corporation, Shin-Etsu Chemical Co., Ltd., Siltronic AG, and SK Siltron Co., Ltd., account for a whopping 70.0% share in it. Other key players in the market are Okmetic, Wafer World Inc., Global Wafers Co., Ltd., Silicon Materials Inc., Global Wafers Co., Ltd., Sil'tronix Silicon Technologies, and Wafer Works Corporation. A study by Transparency Market Research expects the global silicon
Silicon Metal Market 2018: Top Key Players H.C. Starck, Elkem, Zhejiang Kaihua Y …
Silicon Metal Market Status and Forecast 2025  This Write up presents in detail analysis of Silicon Metal Market especially market drivers, challenges, vital trends, standardization, deployment models, opportunities, future roadmap, manufacturer’s case studies, value chain, organization profiles, Sales Price and Sales Revenue, Sales Market Comparison and strategies. The Silicon Metal market Report provides a detailed analysis of the Silicon Metal industry. It provides an analysis of the past 5 years and a future forecast till the year
Global Solar Silicon Wafer Market By Product Type | Single Crystal Silicon Wafer …
Researchmoz added Most up-to-date research on "Global Solar Silicon Wafer Market By Product Type | Single Crystal Silicon Wafer and Polycrystalline Silicon Wafer" to its huge collection of research reports. In this report, the global Solar Silicon Wafer market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this
Silicon Metal Market Report for Period 2022 Specialty Metals, Ferroatlantica, El …
Global Silicon Metal market report provides detailed analysis of companies namely RW Silicium, UC RUSAL, G.S. Energy, Hoshine Silicon, Yunnan Yongchang Silicon, BlueStar Silicon Material, Wynca, Liaoning Shuangyi Silicon, DaTong Jinneng Silicon Metal, Globe Specialty Metals, Ferroatlantica, Elkem, Simcoa, Dow Corning, Wacker, Rima Group and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in