This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Polydimethylsiloxane Market

Polydimethylsiloxane Market

Polydimethylsiloxane Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Polydimethylsiloxane Market
FACT1618MR

Polydimethylsiloxane to Witness Positive Growth, Demand Soaring on back of Adhesive & Sealants Industry

Polydimethylsiloxane is predominantly used in the production of adhesive, sealants, and coating materials. Also, cost efficient and environment friendly properties of polydimethyldiloxane makes it an ideal polymer based siloxane material.

These properties are highly explored in the manufacturing of adhesive, sealants, and coating formulations which is further used in building & construction, and the automotive industry.

Global construction industry is flourishing on back of rapid development and investments in infrastructure, especially within the commercial sector. Thus, growing demand for industry-specific adhesive & sealant and coatings is likely to propel the growth of polydimethylsiloxane market.

On this backdrop, polydimethyldiloxane is expected to register a CAGR of ~4.2% during the forecast period.

Niche Applications to Reap Potential Opportunities for Polydimethylsiloxane Market

Amid the diverse end-use applications, use of polydimethylsiloxane is highly witnessed in personal care and cosmetics industry. Antifoaming, skin protection and conditioning properties of polydimethylsiloxane make it a suitable polymer based silicone to be used in hair care, skin care and cosmetic application.

Polydimethylsiloxane is known to form a hydrating barrier in the skin and reduce fine lines. Hence, it is widely used in skin care products such as cleansers, creams and lotions, anti-aging products, and hair care products such as shampoos and conditioners.

Tremendous growth has been witnessed in personal care & cosmetics industry which is likely to boost the consumption of polydimethylsiloxane market.

Moreover, polymethylsiloxane finds numerous applications in the healthcare industry due to its non-toxic and non-flammable properties. It is used in medical and research laboratory rubber products such as sanitary gaskets. Thus, niche applications of polymethylsiloxane are likely to add significant value to the polymethylsiloxane market globally.

Manufacturers Focusing on High Growth Regions

Key players involved in Polydimethylsiloxane manufacturing, such as Wacker Chemie AG, Elkem ASA or Shin-Etsu Chemical Co., Ltd. are shifting their attention towards high growth potential markets, such as Asia, Latin America and Middle East. Prominent markets, such as North America and Europe, are on their way to reach a mature stage and thus, will provide scope of growth for the markets such as China and India.

Fact.MR opines that the Polydimethylsiloxane market in Asia pacific region is expected to witness appreciable growth due to increasing electronics manufacturing and increased cosmetics and toiletry sales.

Seeing the growth potential in these regions, key manufacturers, such as Shin-Etsu Chemical Co., Ltd, Elkem ASA and Momentive Performance Materials Inc, have established their sales divisions and production facilities in Asia and Latin America.

global polydimethylsiloxane market

New Product Developments and Acquisitions will set the Bar

Global polydimethylsiloxane market is relatively fragmented with numerous regional and local players active in production of polydimethylsiloxane. DowDupont Inc., Wacker Chemie AG, and Elkem ASA are frontrunners with the highest market share and collectively account for 50% – 55% of revenue share.

To leverage the immense potential in the global polydimethylsiloxane market, several organic and inorganic strategies have been undertaken by prominent players. Also, manufacturers have been engaged in the development of new Polydimethylsiloxane based products.

For instance, in 2018, Wacker Chemie AG launched a silicone fluid for the cosmetics industry under the brand name BELSIL. Additionally, in 2017, DowDuPont material science division launched silicone-based home and personal care products under the brand name DOWSIL. Investments done by aforementioned companies will increase their market penetration and will meet the demand for polydimethylsiloxane over the forecast period.

polydimethylsiloxane market strategy benchmark by tier

Avail customized purchase options for your needs

Key Segments Covered in the Polydimethylsiloxane Market Report:

Type

  • Barrier Elastomers
  • Fluids
  • Resins
  • Gels & Others

End-Use

  • Industrial Process
  • Construction
  • Personal Care
  • Electronics
  • Transport
  • Health Care
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

This taxonomy and the detailed Table of Contents prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Plastic Cans Market

The plastic cans market is set to witness steady growth during 2021-2031. Increasing demand for read...

Acrylonitrile Market

The global acrylonitrile market is consolidated in nature with major manufacturers holding a majorit...

Pennyroyal Oil Market

The global pennyroyal oil market is likely to witness a healthy CAGR during 2019-2029, owing to the ...

Hygiene Packaging Market

Hygiene Packaging Market to witness high growth by 2031. Demand for hygiene packaging is rising owin...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.