PUBLISHER: IMARC | PRODUCT CODE: 1298712
PUBLISHER: IMARC | PRODUCT CODE: 1298712
Silicone Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global silicone oil market size reached US$ 3.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.55% during 2023-2028.
Silicone oil is an inert, odorless, non-toxic and transparent linear polysiloxane compound that offers high thermal stability, compressibility, and flexibility compared to hydrocarbon and mineral oils. It has remarkable dielectric properties and provides resistance against shear stress, natural aging, oxidation, and hydrolysis. It is also used as softeners, lubricants, paint and homecare product additives, and hydraulic or damping, dielectric, electronics-grade, heating or cooling, diffusion pump and thermostatic fluids. Besides this, it finds extensive applications in the cosmetics, pharmaceutical and medical industries worldwide.
Silicone Oil Market Trends:
The growing utilization of silicone oil in personal care products due to its low density, high viscosity, and non-toxicity represents one of the key factors driving the market. Moreover, there is a rise in the employment of silicone oil in the automotive industry as lubricants and thermic fluid oils. This, along with its escalating demand as a conformal coating for electronic circuit boards, is propelling the growth of the market. In addition, silicone oil is an eco-friendly material with biocompatible and biodegradable properties. This, coupled with the increasing awareness among the masses about the environment, is catalyzing the demand for silicone oil across the globe. Apart from this, the growing applications of silicone oil in diffusion pumps, dashpots, and freeze dryers around the world are offering lucrative growth opportunities to end-users and investors. Additionally, the rising employment of silicone oil in vitreoretinal surgery to displace aqueous humor from the retinal surface and maintain the adhesion between the retina and retinal pigment epithelium is positively influencing the market. Furthermore, key market players are focusing on partnerships and business expansions to expand their customer base. They are also focusing on mergers and acquisitions (M&A), which is projected to propel their overall sales and increase profitability.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global silicone oil market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end use industry.
Breakup by Type:
Straight Silicone Oil
Modified Silicone Oil
Breakup by Application:
Sealant
Skin and Hair Care
Textile Coating
Chemical Intermediate
Anti-foam Agent
Release Agent
Others
Breakup by End Use Industry:
Chemical
Construction
Personal Care
Textile
Electronics
Automotive
Medical
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aurolab (Aravind Eye Care System), BRB International B.V., China National Bluestar (Group) Co. Ltd. (China National Chemical Corporation), CHT Group, Clearco Products Co. Inc., Dow Inc., Evonik Industries AG, Iota Silicone Oil (Anhui) Co. Ltd., Merck KGaA, Momentive Performance Materials Inc., Shin-Etsu Chemical Co. Ltd., Siltech Corporation, Thermo Fisher Scientific Inc. and Wacker Chemie AG.
Report Coverage:
Key Questions Answered in This Report
1. What was the size of the global silicone oil market in 2022?
2. What is the expected growth rate of the global silicone oil market during 2023-2028?
3. What are the key factors driving the global silicone oil market?
4. What has been the impact of COVID-19 on the global silicone oil market?
5. What is the breakup of the global silicone oil market based on the type?
6. What is the breakup of the global silicone oil market based on the application?
7. What are the key regions in the global silicone oil market?
8. Who are the key players/companies in the global silicone oil market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Silicone Oil Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Straight Silicone Oil
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Modified Silicone Oil
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Sealant
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Skin and Hair Care
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Textile Coating
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Chemical Intermediate
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Anti-foam Agent
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Release Agent
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Chemical
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Construction
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Personal Care
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Textile
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Electronics
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Automotive
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Medical
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
- 8.8 Others
- 8.8.1 Market Trends
- 8.8.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Aurolab (Aravind Eye Care System)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 BRB International B.V.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 China National Bluestar (Group) Co. Ltd. (China National Chemical Corporation)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 CHT Group
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Clearco Products Co. Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Dow Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Evonik Industries AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Iota Silicone Oil (Anhui) Co. Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Merck KGaA
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Momentive Performance Materials Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Shin-Etsu Chemical Co. Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Siltech Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 SWOT Analysis
- 14.3.13 Thermo Fisher Scientific Inc.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.13.4 SWOT Analysis
- 14.3.14 Wacker Chemie AG
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.14.3 Financials
- 14.3.14.4 SWOT Analysis
- 14.3.1 Aurolab (Aravind Eye Care System)
List of Figures
- Figure 1: Global: Silicone Oil Market: Major Drivers and Challenges
- Figure 2: Global: Silicone Oil Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Silicone Oil Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Silicone Oil Market: Breakup by Type (in %), 2022
- Figure 5: Global: Silicone Oil Market: Breakup by Application (in %), 2022
- Figure 6: Global: Silicone Oil Market: Breakup by End Use Industry (in %), 2022
- Figure 7: Global: Silicone Oil Market: Breakup by Region (in %), 2022
- Figure 8: Global: Silicone Oil (Straight Silicone Oil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Silicone Oil (Straight Silicone Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Silicone Oil (Modified Silicone Oil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Silicone Oil (Modified Silicone Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Silicone Oil (Sealant) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Silicone Oil (Sealant) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Silicone Oil (Skin and Hair Care) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Silicone Oil (Skin and Hair Care) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Silicone Oil (Textile Coating) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Silicone Oil (Textile Coating) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Silicone Oil (Chemical Intermediate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Silicone Oil (Chemical Intermediate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Silicone Oil (Anti-foam Agent) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Silicone Oil (Anti-foam Agent) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Silicone Oil (Release Agent) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Silicone Oil (Release Agent) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Silicone Oil (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Silicone Oil (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Silicone Oil (Chemical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Silicone Oil (Chemical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Silicone Oil (Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Silicone Oil (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Silicone Oil (Personal Care) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Silicone Oil (Personal Care) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Silicone Oil (Textile) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Silicone Oil (Textile) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Silicone Oil (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Silicone Oil (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Silicone Oil (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Silicone Oil (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Silicone Oil (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Silicone Oil (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Global: Silicone Oil (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Global: Silicone Oil (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: North America: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: North America: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: United States: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: United States: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Canada: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Canada: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Asia-Pacific: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Asia-Pacific: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: China: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: China: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Japan: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Japan: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: India: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: India: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: South Korea: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: South Korea: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Australia: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Australia: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Indonesia: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Indonesia: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Others: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Others: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Europe: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Europe: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Germany: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Germany: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: France: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: France: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: United Kingdom: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: United Kingdom: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Italy: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Italy: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Spain: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Spain: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Russia: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Russia: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Latin America: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Latin America: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Brazil: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Brazil: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Mexico: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Mexico: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Others: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Others: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Middle East and Africa: Silicone Oil Market: Sales Value (in Million US$), 2017 & 2022
- Figure 89: Middle East and Africa: Silicone Oil Market: Breakup by Country (in %), 2022
- Figure 90: Middle East and Africa: Silicone Oil Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 91: Global: Silicone Oil Industry: SWOT Analysis
- Figure 92: Global: Silicone Oil Industry: Value Chain Analysis
- Figure 93: Global: Silicone Oil Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Silicone Oil Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Silicone Oil Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Silicone Oil Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Silicone Oil Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 5: Global: Silicone Oil Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Silicone Oil Market: Competitive Structure
- Table 7: Global: Silicone Oil Market: Key Players
