Global Dimethicone Market Report and Forecast 2024-2032

Global Dimethicone Market Size

The global dimethicone market reached a volume of almost 270.12 kilo metric tons in 2023. The industry is further expected to grow at a CAGR of 3% between 2024 and 2032 to reach a volume of nearly 352.49 kilo metric tons by 2032.

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The Asia Pacific is the major regional market for dimethicones driven by the high growth rates of its skincare and hair care markets. Europe and North America follow the Asia Pacific as the other major demand markets for the product. Latin America is also expected to drive the demand for dimethicones in the coming years due to the healthy growth of the personal care industry in the region. North America and Western Europe contribute significantly to the trade market as they export significant proportion of higher grades of the product to the Asia Pacific countries like India and China as well as exporting to Latin America. Even though the supply of the product in the Asia Pacific is sufficient, the region is a net importer of dimethicones as it imports higher grades of the product from western countries.

Dimethicone has excellent emulsification and anti-foaming properties in hair products such as shampoos and conditioners, which account for almost half of its demand, annually, thus, aiding its market growth. There has also been an increase in the product launches recently, in the shampoo and conditioner category, signifying an increase in hair care product usage, which is further expected to propel the dimethicone market. Skin care is the second-largest application sector for the product. The market for skin care products is driven mainly by its excellent moisturizing and skin-healing properties in products like moisturizers, cream-based cosmetics, and lotions. Other applications include its use in antiperspirants, deodorants, and pharmaceutical products for treating gastrointestinal and dermal ailments.

Industry Segmentation

Dimethicones belong to a wider category of silicones. They are linear siloxanes produced through swing capacities at the silicone production sites. They find their major applications in the following sectors:

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• Hair Care
• Skin Care
• Others

The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Market Analysis

The rapidly growing markets for skin care and hair care are driving the industry for dimethicones in the Asia Pacific region. Thus, the rising demand from the Asia Pacific's personal care industry is aiding overall dimethicone market growth for dimethicones. The increase in the disposable income, along with the need to stay updated about the latest fashion trends like perming, hair colouring, and the use of BB/CC creams, is expected to drive the growth of the dimethicone market. The rising experimentation with innovative and customised personal care products is further propelling the industry forward. The dimethicone market is finding impetus for its growth in the demand for prestigious products, i.e., high value and branded products, in Europe and North America. In the United States, the industry is being aided by the rising demand for multicultural and men’s hair care products.

The rising popularity of natural personal care products amidst consumers is expected to drive the growth of the global dimethicone market. The manufacturers of synthetic personal care ingredients are effectively incorporating natural ingredients and catering to the demand for high-performance and sensory properties. Thus, the major dimethicone manufacturers are utilizing a combination of dimethicones to enhance the quality of natural ingredients, resulting in many innovative formulations.

The multifunctional skin care products that offer cosmetic and moisturizing benefits are propelling the dimethicone market forward. The market for anti-ageing products is led by the aging population in Europe, Japan, and North America, which is aiding the dimethicone market in these regions. The market for personal care is more mature in Europe and North America as compared to the Asia Pacific, which is witnessing a rising demand for customised and novel skin and hair care products.

Competitive Landscape

August 2017- Shin-Etsu Chemical Co., Ltd. (OTCMKTS: SHECY) to expand the silicones production capacity at its Shin-Etsu Silicones of America’s (SESA) plant in Akron, US.

The report gives a detailed analysis of the following key players in the global dimethicone market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• The Dow Chemical Company
• Momentive Performance, Inc.
• Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• China National Bluestar Co, Ltd.
• Ashland Global Holdings Inc.
• AB Specialty Silicones
• KCC Basildon
• NuSil Technology LLC
• ICM Products, Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.

Key Highlights of the Report