Press Release / Industry / 2018 Silicone Oil Market - Global Industry Analysis, Size and Development Report

2018 Silicone Oil Market - Global Industry Analysis, Size and Development Report

Description:
Silicone oils are generally colourless transparent liquids, exhibiting excellent resistance to heat, cold, and moisture. They belong to a group of polymeric and monomeric compounds that constitutes of silicon-oxygen bonds named organosiloxane. Silicone oils offer excellent stability when exposed to high temperatures for extended periods of time and have remarkably high resistance to cessation by mechanical shearing. The shear stability of silicone fluids can be as much as twenty times that of superior petroleum oils, providing extended life at high speed and loading.

Silicone Oil Market: Overview
The global silicone oil market is gaining outstanding growth due to replacement of hydrocarbon-based products with silicone oil-based products. In addition, high potential of silicone oil in healthcare applications will support the market growth in near future. Furthermore, the overall market is also being propelled by rapidly increasing demand from emerging countries such as China and India. Being the major markets for silicone oil in the APAC region, these countries are observing wide industrialization, thus propelling the market growth. However, the global silicone oil market is hampered by high cost of production.

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Silicone Oil Market: Segmentation
Segmentation by Application:
Based on application, this market is segmented into adhesives, anti-foam agent, lubricant, release agent, solvent, water repellent and others (insulator, additives, etc.). The water repellent segment dominated the global market in 2017 and is expected to dominate the market in the future, owing to water repellent property of silicones, making it suitable for treating cotton, polyester acetate, and other fibers.
Segmentation by End Users:
Based on end use industry, the global silicone oil market is divided into personal care & home care, textile, energy, automotive & transportation, agriculture and others (pharmaceutical, electrical & electronics etc.). Personal care & home care attributed to the largest share of silicone oil among the various end-use industries. This large share is mainly due to use of silicone oil in numerous homecare & personal care applications because to its biocompatibility, low surface tension, high permeability, and pressure sensitive properties.

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Silicone Oil Market: Top Key Players
Dow Corning Corporation
Electrolube
Elkay Chemicals Pvt. Ltd.
Fuchs Group
HNK Silicone
Iota Silicone Oil (Anhui) Co.
Ltd
ISOL Industries
KCC Basildon Chemical Company Ltd.
Lubrizol Corporation
Power Chemical Corporation.
Wacker Chemie A.G. among others.

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