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Silicone Oil Market Report by Type, Application, End Use Industry, and Region 2024-2032

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    Report

  • 143 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5562622
Description Jump to:
The global silicone oil market size reached US$ 3.9 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 6.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2023-2032.

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:

The report 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 2024-2032. 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.

Key Questions Answered in This Report

1. What was the size of the global silicone oil market in 2023?
2. What is the expected growth rate of the global silicone oil market during 2024-2032?
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
9.2 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
9.3 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
9.4 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
9.5 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
List of Figures
Figure 1: Global: Silicone Oil Market: Major Drivers and Challenges
Figure 2: Global: Silicone Oil Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Silicone Oil Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Silicone Oil Market: Breakup by Type (in %), 2023
Figure 5: Global: Silicone Oil Market: Breakup by Application (in %), 2023
Figure 6: Global: Silicone Oil Market: Breakup by End Use Industry (in %), 2023
Figure 7: Global: Silicone Oil Market: Breakup by Region (in %), 2023
Figure 8: Global: Silicone Oil (Straight Silicone Oil) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Silicone Oil (Straight Silicone Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Silicone Oil (Modified Silicone Oil) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Silicone Oil (Modified Silicone Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Silicone Oil (Sealant) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Silicone Oil (Sealant) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Silicone Oil (Skin and Hair Care) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Silicone Oil (Skin and Hair Care) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Silicone Oil (Textile Coating) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Silicone Oil (Textile Coating) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Silicone Oil (Chemical Intermediate) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Silicone Oil (Chemical Intermediate) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Silicone Oil (Anti-foam Agent) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Silicone Oil (Anti-foam Agent) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Silicone Oil (Release Agent) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Silicone Oil (Release Agent) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Silicone Oil (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Silicone Oil (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Silicone Oil (Chemical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Silicone Oil (Chemical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Silicone Oil (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Silicone Oil (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Silicone Oil (Personal Care) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Silicone Oil (Personal Care) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Silicone Oil (Textile) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Silicone Oil (Textile) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Silicone Oil (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Silicone Oil (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Silicone Oil (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Silicone Oil (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Silicone Oil (Medical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Silicone Oil (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Silicone Oil (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Silicone Oil (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: North America: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: North America: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: United States: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: United States: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Canada: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Canada: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Asia-Pacific: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Asia-Pacific: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: China: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: China: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Japan: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Japan: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: India: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: India: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: South Korea: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: South Korea: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Australia: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Australia: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Indonesia: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Indonesia: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Others: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Others: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Europe: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Europe: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Germany: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Germany: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: France: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: France: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: United Kingdom: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: United Kingdom: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Italy: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Italy: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Spain: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Spain: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Russia: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Russia: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Others: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Others: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Latin America: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Latin America: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Brazil: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Brazil: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Mexico: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Mexico: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Others: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Others: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Middle East and Africa: Silicone Oil Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Middle East and Africa: Silicone Oil Market: Breakup by Country (in %), 2023
Figure 90: Middle East and Africa: Silicone Oil Market Forecast: Sales Value (in Million US$), 2024-2032
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, 2023 and 2032
Table 2: Global: Silicone Oil Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Silicone Oil Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Silicone Oil Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 5: Global: Silicone Oil Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Silicone Oil Market: Competitive Structure
Table 7: Global: Silicone Oil Market: Key Players

Companies Mentioned

  • 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.
  • Wacker Chemie AG.

Methodology

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Table Information

Report AttributeDetails
No. of Pages143
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 3.9 Billion
Forecasted Market Value ( USD ) by 2032 $ 6.5 Billion
Compound Annual Growth Rate5.8%
Regions CoveredGlobal
No. of Companies Mentioned14

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