Impact of Existing and Emerging Silicone Fluid Market Trends And Forecast 2015-2025
Silicone fluids are used for hydrophobic treatment of mineral wool and glass. Silicone fluids can also be modified due to its chemical functionalization. The two common ways in which silicone fluids are modified are either attaching long alkyl chains or functionalizing silicone fluids with organic polymers.
Silicone Fluid Market: Drivers & Restraints
Increase in demand of end-user industries such as textile, cosmetics, toiletries, pharmaceutical etc. are expected to drive the global silicone fluid market. In addition, rise in construction activities, increasing investment across end user industries, its excellent heat resistant property, thermal stability and solubility are expected to further drive the demand for silicone fluid market by 2025 end. Surface tension of silicone fluids is low, thus making them more preferable for the applications where greater spreading power and surface activity is required. Silicone fluids have very little viscosity change over a wide range of temperature and have almost no adverse effect on metals and other materials, hence have an increasing demand over wide range of applications.
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Silicone Fluid Market: Segmentation
On the basis of end user industry, the global silicone fluid market is segmented into,
Personal care industry has a significant share in silicone fluid market. Silicone fluids are confers smoothness in shampoos and beauty creams, improves spreadability in natural oils and prevent stickiness in oils. These diverse effects makes silicone fluids the most successful products to be used in personal care industry. Home Care is another industry which is estimated to boost the market of silicone fluid by 2025 end.
On the basis of product type, the global silicone fluid market is segmented into
Straight Silicone Fluid
Dimethyl Silicone Fluid
Methylphenyl silicone Fluid
Methylhydrogen Silicone Fluid
Modified Silicone Fluid
Reactive Silicone Fluid
Non-Reactive Silicone Fluid
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Silicone Fluid Market: Region-wise Outlook
Currently, APAC serves as a large market for silicone fluid due to flourishing infrastructure sector and increasing per capita income. APAC is expected to continue its market leader position during the forecast period followed by Europe and North America. Rising infrastructure activities is expected to open new market avenues in APAC, particularly in India and China. Currently Europe is the second largest market for silicone fluid. Middle East & Africa silicone fluid market are still at a nascent stage. However, emerging countries such as UAE and Brazil are expected to have a significant market share in the respective regions.
Silicone Fluid Market: Key Players
Some of the key market participants in the global silicone fluid market are Wacker Chemie AG, Bluestar Silicones, Momentive Specialty Chemicals Inc., Shin-Etsu Chemical Co. Ltd. and Dow Corning Corp., ACC Silicones, KCC Basildon, Gelest Inc., Siltech Corporation.
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