Prominent Silicone (except Resins) Market Trend for 2025: Innovative Silicone Technologies Enhancing Topical Applications

What Are the Projected Growth and Market Size Trends for the Silicone (except Resins) Market?
The size of the silicone (minus resins) market has seen quick expansion over the last few years. Its expected to increase from $109.02 billion in 2024 to $120.38 billion in 2025, with a compound annual growth rate (CAGR) of 10.4%. The historic growth can be credited to an increase in industrial applications, a rising demand in electronics and electricals, a surge in the construction industry, an expanding healthcare sector, and a booming automotive industry.

The market size for silicone (excluding resins) is anticipated to witness robust expansion in the forthcoming years. It's projected to escalate to a value of $170.79 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1%. This upsurge during the prediction period can largely be credited to the rising interest in renewable energy, the surge for vehicle electrification, the need for smart, energy-efficient buildings and the expansion of pharmaceuticals and biotech industries. Key trends for the foreseeable future include recycling of silicone, the advent of silicone 3D printing, the development of bio-based silicones, and the use of silicone in health-related wearable electronics and cosmetics.

What Is Driving the Growth Trajectory of the Silicone (except Resins) Market?
The expansion in the automotive industry is anticipated to fuel the growth of the silicon (excluding resins) market. The automotive industry encompasses a range of companies and institutions that are involved in the design, manufacturing, marketing, and sale of automobiles. Silicone materials are employed in the manufacture of engine gaskets, seals, and hoses due to their high-temperature and chemical resistance making them highly durable. For instance, data from the National Automobile Dealers Association (NADA), a US-based trade group, showed 13.7 million new light-vehicle sales in the United States in January 2023, with projections of 14.6 million new light-vehicle sales for 2023, marking a 6.6% increase from 2022 estimations. Consequently, prosperous trends in the automotive industry are pushing the silicon (excluding resins) market's growth.

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Which Leading Companies Are Shaping the Growth of the Silicone (except Resins) Market?
Major companies operating in the silicone market include Wacker-Chemie GmbH, CSL Silicones, Specialty Silicone Products Incorporated, Evonik Industries AG, Kaneka Corporation, Dow Corning Corporation, Momentive, Elkem ASA, Gelest Inc., BASF SE, Emerald Performance Materials LLC, Shin-Etsu Chemical Co. Ltd., Siltech Corporation, ICM Products Inc., CHT Group, Primasil Silicones, 3M, Nusil Technology LLC, Allergan plc, Ashland Inc., Arkema S.A., Silteq Limited, KCC Corporation, Sivance, Zhejiang Xinan Chemical Industrial Group Co. Ltd., Reiss Manufacturing Inc., Saint-Gobain, Silicone Solutions, Dow Silicones Corporation, Momentive Performance Materials Inc.

What Are the Major Trends Shaping the Silicone (except Resins) Market?
Leading players in the silicon (except resins) market are pioneering innovative technologies like fresh low-cyclosiloxane silicone elastomer blends and silicone resin blends in order to enhance their market profitability. These blends are the latest advancements in silicone technology designed specifically for topical use. For example, in April 2023, DuPont de Nemours Inc., a chemical company from the US, revealed their new progress in low-cyclic silicone elastomer blends and silicone resin blends formulated for topical use. These new low-cyclic silicone elastomer blends have the potential to boost the spreadability of topical solutions, thereby simplifying their application on the skin. They aim to provide a smooth, silky feel to the skin. The silicone resin blends can be used in various topical applications including sun care products, colour cosmetics, and antiperspirants. These blends are designed to form a durable, water-resistant layer on the skin, which can enhance the longevity and wearability of topical formulations.

What Are the Key Segments of the Silicone (except Resins) Market?
The silicone (except resins) market covered in this report is segmented -

1) By Product Type: Elastomers, Fluids, Gels, Other Product Types
2) By Application: Construction, Transportation, Electrical And Electronics, Textiles, Personal Care And Pharmaceuticals, Other Applications
3) By End User: Industrial, Electronics, Machinery, Aerospace, Medical

Subsegments:
1) By Elastomers: Liquid Silicone Rubber (LSR), Solid Silicone Elastomers, High-Temperature Elastomers
2) By Fluids: Silicone Oils, Silicone Greases, Silicone Emulsions
3) By Gels: Medical-Grade Silicones, Cosmetic And Personal Care Silicones, Industrial Silicones
4) By Other Product Types: Silicone Sealants, Silicone Adhesives, Silicone Coatings, Silicone Foams

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Which Region Dominates the Silicone (except Resins) Market?
Asia-Pacific was the largest region in the silicone market in 2023. North America was the second-largest region in the global silicone market. The regions covered in the silicone (except resins) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Is Covered In The Silicone (except Resins) Global Market Report?

- Market Size Analysis: Analyze the Silicone (except Resins) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Silicone (except Resins) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Silicone (except Resins) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Silicone (except Resins) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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