Silicone Oil Market worth 2.41 Billion USD by 2020

Silicone Oil Market The report "Silicone Oil Market by End-Use Industry (Industrial, Personal Care & Homecare, Textile, Energy, Automotive & Transportation, Agriculture, Others), by Application (Lubricants, Water Repellants, Working Media, Heat Carrier) and by Region - Global Forecast to 2020", The global silicone oil market is projected to reach USD 2.41 Billion by 2020 from estimated USD 1.78 Billion in 2014, at a CAGR of 4.85% between 2015 and 2020. Increasing demand for silicone oil from the end-user industries such as personal care & home care, automotive, industrial and demand from emerging economies such as China, India, and Brazil is mainly driving the growth of the market.

Browse 94 market data Tables and 63 Figures spread through 154 Pages and in-depth TOC on "Silicone Oil Market - Global Forecast to 2020"

Early buyers will receive 10% customization on this report.

Lubricants: the largest application segment of the silicone oil market

Among the various applications, the lubricants segment holds the largest share in the silicone oil market. This large share is attributed to the increasing use of silicone lubricants compared to mineral lubricants as silicone oil lubricants have unique physical and chemical properties. Silicone oil lubricants can withstand high temperature range and possess good dielectric property. Silicone oil based lubricants are widely used in industrial processing such as polymer production, yarn and thread production, textile finishing, and so on. However, water repellents application segment is expected to grow at the highest CAGR.

Personal care & home care industry: the largest consumer of silicone oil among end-use industry

Silicone oil is majorly consumed by the personal care & home care industry, thus holding the largest share in the silicone oil market as compared to other end-use industries. This industry is projected to dominate the market of silicone oil in near future and is the fastest-growing market for silicone oil during 2015 and 2020. Silicone oil is extensively used in myriad homecare & personal care applications owing to its versatility, biocompatibility, conditioning benefits, low surface tension, high permeability, and pressure sensitive properties. The aging population in the North America region and the growing demand from consumers for improved quality personal care products is driving the market of silicone oil.

Asia-Pacific – The most dominant region in the global silicone oil market

The silicone oil market in Asia-Pacific accounted for the largest share of the global silicone oil market, in terms of volume, in 2014. It is expected to account for the largest share of the market by 2020 due to the increasing demand for personal care products such as hair care products, skin cream, and color cosmetics and so on, from the developing countries such as India and China.

The major market players of silicone oil market, Dow Corning Corporation (U.S.), Wacker Chemie A.G. (Germany), Shin-Etsu Chemical Co. Ltd. (Japan) and other global players, have a strong foothold in the Asia-Pacific market. Rapid industrialization in these regions is also a driving factor the growth of the silicone oil market.

An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. Some of the major market players in this market are Wacker Chemie A.G. (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Shi-Etsu Chemical Co. Ltd. (Japan), Bluestar Silicones International (France), and others.

Browse related Reports:

Silicone Market by Type (Elastomers, Fluids, Resins, Gels & Other Products) by Application (Building & Construction, Chemical Industry, Medical & Personal Care, Automotive & Transportation, Plastics, Electrical & Electronics, Textile, Paper, Others) & by Region - Global Trends & Forecasts to 2020

Silicone Elastomers Market by type (HTV, RTV, & LSR), & by Application (Automotive, E&E, Industrial Machinery, Consumer Goods & Others) - Global Forecast to 2019

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @
Connect with us on LinkedIn @