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Polydimethylsiloxane (PDMS) Market Forecast & Future Industry Trends 2023 - 2030

Polydimethylsiloxane (PDMS) Market - DataM Intelligence

Polydimethylsiloxane (PDMS) Market - DataM Intelligence

Market Overview
The Global Polydimethylsiloxane (PDMS) Market is expected to grow at a high CAGR of 6% during the forecasting period (2022-2029).

Polydimethylsiloxane (PDMS) is a silicon-based organic polymer. PDMS is produced on an industrial scale through a polymerization reaction involving dimethyldichlorosilane and water. The chemical formula for polydimethylsiloxane (PDMS) is CH3[Si(CH3)2O]nSi(CH3)3. PDMS has unique mechanical properties such as varying viscosity and can be manufactured in pourable liquid and thick semi-solid forms. PDMs exhibit hydrophobic behavior and has good chemical resistance against solvents and alcohol. Due to its versatility, it is widely used in different applications across various industries.

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Market Dynamic
High costs of polydimethylsiloxane (PDMS) compounds

PDMS is widely used in various industries for different applications. However, it is not used alone but as a compound with other chemicals. PDMS exhibits different behavior in varying concentrations in compounds. Therefore, exacting amounts must be used while formulating the compound not to affect the material properties required by the application. Each type of PDMS compound is unique and has niche applications within the various industrial sectors.

For example, silicone gel with a lower concentration of PDMS is used for cosmetical applications, whereas silicone gels with a slightly higher concentration of PDMS are used for topical ointments and medical creams. Therefore, given the uniqueness of compounds used for different applications, the high production cost is incurred by manufacturers since production occurs only for limited quantities. The high cost of PDMS compounds prevents its wider adoption and represents a key challenge for the growth of the global market.

View Full Report: https://www.datamintelligence.com/research-report/polydimethylsiloxane-market

Market Segmentation
By Type
• Low-Molecular Weight
• High-Molecular Weight
• Ultra-High Molecular Weight
By Form
• Elastomer
• Fluid
• Resin
• Others
By End-User
• Industrial Process
• Building & Construction
• Household & Personal Care
• Electrical & Electronics
• Transportation
• Healthcare

Competitive Landscape
The global polydimethylsiloxane (PDMS) market is competitive since various formulations and compounds utilize PDMS for various applications. Some of the major players contributing to growth in the market are Shin-Etsu Chemical Co., Ltd, Wacker Chemie AG, Avantor, Inc., Elkem ASA, KCC Corporation, Dongyue Group Limited, Alfa Aesar, CHT Germany GmbH, Spectrum Chemical Manufacturing Corp. and Hubei LongSheng Sihai New Materials Co., Ltd. The major players in the global polydimethylsiloxane (PDMS) market adopt several growth strategies such as new product launches, patenting new formulations, joint ventures, production capacity expansion and research collaborations to contribute to the growth of the industry.

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DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park,
Industrial Development Area, Uppal,
Hyderabad, Telangana 500039
Website: https://www.datamintelligence.com/

DataM Intelligence 4Market Research is a market intelligence platform that gives access to syndicated, customized reports and consulting to its clients in one place. As a firm with rich experience in research and consulting across multiple domains, we are a one-stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed, and food & beverages, among others. Our platform has Insights on markets that uncover the latest market research data that are distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy-centric framework and value-added services will let individuals and corporates ease access and custom personalization to research and markets.

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