Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022-2026
NEW YORK, February 17, 2022 /PRNewswire/ — The silicone oil market To share should increase by $502.54 million from 2021 to 2026, at an accelerated CAGR of 4.20%, according to recent Technavio market research.
Segmentation by end user (In-Scope/Out-of-Scope)
The growth of silicone oil market share by automotive and transportation segment will be significant during the forecast period. The growth is attributed to the increased demand for silicone oil in the automotive and transportation industry due to its many under-the-hood applications such as automotive hose bonding and filter cap bonding. This is commonly used in gaskets, brake shims and valve covers as it has better bonding properties, temperature resistance and high stability.
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Additionally, the report also provides Value chain analysis which helps businesses gain a competitive advantage in the marketplace. the Silicone Oil Market Value Chain includes the following basic components:
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Submissions
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Inbound logistics
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Operations
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External logistics
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Marketing and Sales
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Support activities
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Innovation
Strong points-
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Segmentation- The report covers in detail market segmentation by end-user (automotive and transportation, cosmetics and personal care, chemicals, pharmaceuticals and others) and by geography (APAC, North America, Europe, South Americaand MEA)
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Key Companies- Anhui Youcheng Siliconeoil Co. Ltd, Aurolab, Clearco Products Co. Inc., DRP Silicone, Elkem ASA, Evonik Industries AG, Merck KGaA, Shin-Etsu Chemical Co. Ltd., Siltech Corp. and Wacker Chemie AG, among others
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Driver- Rising demand for silicone oils for the manufacture of lubricants and greases to drive the market.
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Challenge– Strict regulatory policies for silicone fluids to hinder market growth
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Overview of Suppliers-
The silicone oil market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Anhui Youcheng Siliconeoil Co. Ltd- The company offers a wide range of silicone oils such as Phenylmethyl Silicone Oil.
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Clearco Products Co. Inc.- The company offers STO-50 SILICONE TRANSFORMER OIL which is characterized by its high dielectric strength, high flash point, wide service temperature range and low vapor pressure.
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Silicone DRP- The company offers a wide range of products such as industrial grease, industrial oil, silicone oil, silicone emulsion and many more. Moreover, the company also provides Amino Silicone Oil to its valued customers.
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Learn more about key driver and market challenge-
These fluids have low thermal surface tension, low volatility and excellent shear strength, making them ideal for grease manufacturing. Silicone oils are mainly needed to lubricate steel-bronze, steel-aluminum, steel-zinc, wood-wood and various plastics interfaces. The non-polar, non-reactive, and semi-inorganic structure of silicone fluids and relatively high incompatibility with chemical results will further increase its demand across major end-user industries, which is expected to positively impact the growth of the silicone fluid market. silicone oil during the forecast period.
There are no restrictions on the use of most silicone oil products. However, the use of certain liquid silicone products, particularly personal care and beauty products, as well as medical and health products, is regulated by certain regulatory bodies in many countries around the world. . For example, the UK Competent Authorities and the European Chemicals Agency (ECHA) have restricted the use of two liquid silicone products, Cyclosiloxanes D4 and D5, used in the personal care and beauty industries. These substances should be limited to a concentration of 0.1% by weight of personal care products. Outside the UK, its use is also restricted in Canada and the United States. These strict policies are expected to limit the growth of the targeted market over the forecast period.
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Silicone Oil Market Scope |
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Report cover |
Details |
Page number |
120 |
Year of reference |
2021 |
Forecast period |
2022-2026 |
Growth momentum and CAGR |
Accelerate at a CAGR of 4.20% |
Market Growth 2022-2026 |
$502.54 million |
Market structure |
Fragmented |
Annual growth (%) |
3.20 |
Regional analysis |
APAC, North America, Europe, South America and MEA |
Successful market contribution |
APAC at 49% |
Main consumer countries |
United States, China, Japan, Germany and India |
Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
Profiled companies |
Anhui Youcheng Siliconeoil Co. Ltd, Aurolab, Clearco Products Co. Inc., DRP Silicone, Elkem ASA, Evonik Industries AG, Merck KGaA, Shin-Etsu Chemical Co. Ltd., Siltech Corp. and Wacker Chemie AG |
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period, |
Customization overview |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Contents:
Abstract
Market landscape
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Market ecosystem
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Value chain analysis
Market sizing
Five forces analysis
Market segmentation by end user
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Market segments
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Comparison by end user
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Automotive and transportation – Market size and forecast 2021-2026
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Cosmetics and personal care – Market size and forecast 2021-2026
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Chemicals – Market size and forecast 2021-2026
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Pharmaceutical – Market size and forecast 2021-2026
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Others – Market size and forecast 2021-2026
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Market opportunity by end user
Customer landscape
Geographic landscape
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Geographic segmentation
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Geographic comparison
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APAC – Market size and forecast 2021-2026
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North America – Market size and forecast 2021-2026
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Europe – Market size and forecast 2021-2026
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South America – Market size and forecast 2021-2026
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MEA – Market size and forecast 2021-2026
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Main leading countries
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Market Opportunity by Geography
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Market factors
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Market challenges
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Market trends
Supplier Landscape
Vendor analysis
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Suppliers Covered
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Positioning on the supplier market
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Anhui Youcheng Siliconeoil Co. Ltd
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aurolab
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Clearco Products Co. Inc.
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Silicone DRP
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Elkem ASA
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Evonik Industries SA
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Merck KGaA
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Shin-Etsu Chemical Co. Ltd.
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Siltech Corp.
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Wacker Chemie AG
appendix
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