Growing Demand for Silicone Fluids in Textiles, Cosmetics, and Pharmaceuticals Boosts Global Market Growth
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The silicone fluid industry is to surpass USD 9.7 Billion by 2032, Says FMI. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.
Silicone fluids are used for hydrophobic treatment of mineral wool and glass. Silicone fluids can also be modified due to their 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
An increase in demand from end-user industries such as textile, cosmetics, toiletries, pharmaceutical, etc. is expected to drive the global silicone fluid market. In addition, the rise in construction activities, increasing investment across end-user industries, and its excellent heat-resistant properties, thermal stability, and solubility are expected to further drive the demand for the silicone fluid market by 2032 end. The surface tension of silicone fluids is low, thus making them preferable for applications where greater spreading power and surface activity are required. Silicone fluids have very little viscosity change over a wide range of temperatures and have almost no adverse effect on metals and other materials, hence have an increasing demand over a wide range of applications.
Silicone Fluid Market: Region-wise Outlook
Currently, APAC serves as a large market for silicone fluid due to the 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 are expected to open new market avenues in APAC, particularly in India and China. Currently, Europe is the second-largest market for silicone fluid. The Middle East & Africa silicone fluid market is still at a nascent stage. However, emerging countries such as the 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
• 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
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments by geographies and by vehicle type.
Key Segments Profiled in the Silicone Fluids Industry Survey
Type:
• Straight Silicone Fluid
o Dimethyl Silicone Fluid
o Methylphenyl Silicone Fluid
o Methylhydrogen Silicone Fluid
• Modified
o Reactive Silicone Fluid
o Non-Reactive Silicone Fluid
End Use Industry:
• Agriculture
• Energy
• Homecare
• Personal Care
• Textiles
• Pharmaceuticals
• Other End Use Industries
Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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