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Report Overview

The global Silicones and Siloxanes market reached a volume of about 6.23 MMT in 2024, the market is further expected to grow at a CAGR of 5.80% during 2025-2034 to reach a volume of 10.95 MMT by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in MMT

5.8%

2025-2034


Silicones and Siloxanes Market Outlook

*this image is indicative*

Global Silicones and Siloxanes Market Report Summary Description Value
Base Year MMT 2024
Historical Period MMT 2018-2024
Forecast Period MMT 2025-2034
Market Size 2024 MMT 6.23
Market Size 2034 MMT 10.95
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 5.80%
CAGR 2025-2034 - Market by Region Asia Pacific 6.8%
CAGR 2025-2034 - Market by Country India 9.1%
CAGR 2025-2034 - Market by Country UK 7.5%
CAGR 2025-2034 - Market by Type Resins 5.8%
CAGR 2025-2034 - Market by Application Home and Personal Care 6.0%
Market Share by Country 2024 Germany 4.8%

The global silicones and siloxanes market is being driven by their rising demand in the personal care industry. Since silicones provide a solid, robust, weather-resistant, and UV-resistant seal with outstanding adhesion, they are used in the production of various construction materials. In addition, they are used for the manufacture of polyurethane foam for building insulation and increasing energy efficiency, while the hydrophobic properties of silicone coatings protect the exterior walls from weather damage.

Market Segmentation

Siloxanes refer to a group of chemical compounds that act as a building block for silicones. It is a man-made saturated silicone-oxygen hybrid in which each silicone atom is connected to one or more organic groups. Among the most common siloxanes are dodecamethylcyclohexasiloxane, decamethylcyclopentasiloxane, dodecamethylcyclohexasiloxane, and polydimethylsiloxane. Silicones, also recognized as polysiloxanes, are polymers that are made using repeated units of siloxanes. Due to its advantageous characteristics like durability, resilience, gas permeability, temperature resilience, and resistance to heat, moisture, chemicals, as well as ultraviolet radiation, silicones are commonly used in a wide range of industrial applications.

Market Silicones Market Breakup by Type:

  • Elastomers
  • Fluids
  • Resins
  • Gels

Market Silicones Market Breakup by Application:

  • Industrial Applications
  • Construction Materials
  • Home and Personal Care
  • Transportation
  • Energy
  • Healthcare
  • Electronics
  • Others

Market Siloxanes Market Breakup by Type:

  • Linear
  • Cyclic

Market Siloxanes Market Breakup by Application:

  • Silicones
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Silicones and Siloxanes Market By Application

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CAGR 2025-2034 - Market by Type
Resins 5.8%
Gels 4.8%
Elastomers XX%
Fluids XX%
CAGR 2025-2034 - Market by Application
Home and Personal Care 6.0%
Transportation 5.7%
Industrial Applications XX%
Construction Materials XX%
Energy XX%
Others XX%
CAGR 2025-2034 - Market by Region
Asia Pacific 6.8%
Europe 4.7%
North America XX%
Latin America XX%
Middle East and Africa XX%
CAGR 2025-2034 - Market by Country
India 9.1%
UK 7.5%
Saudi Arabia 6.6%
Mexico 5.6%
USA 4.6%
Canada XX%
Germany XX%
France XX%
Italy XX%
China XX%
Japan 4.1%
Australia XX%
Brazil XX%

Market Analysis

Silicone polymers and cyclic siloxanes are used in the personal care sector as a solvent for skincare and haircare products. Siloxanes are used in these products because they are odourless and do not cause skin irritation. As the demand for personal care products is rising globally, the silicones and siloxanes market is increasing at a healthy pace. Throughout the food industry, siloxanes are used as an oil substitute for low-calorie food products. In addition, silicones and siloxanes are commonly used in many end-use industries like telecommunications, chemical, and automotive. The growing construction industry has led to infrastructural developments, especially in emerging regions, which have, in turn, contributed to the overall growth of the silicones and siloxanes market.

The chemical composition of the silicones allows it to be generated in a range of configurations, whilst the organic groups attached to the product pave the way for a variety of modifications. This versatility enables the use of silicones in a range of products such as fats, release agents, anti-foaming agents, paint additives, hydrophobic agents, etc. Siloxanes (silicones) are tolerated well by humans and, thus, form an important part of advanced treatment, health care, and nursing practices. Alkylsiloxanes, in particular, dimethylsiloxanes, are commonly used in emulsions, antifoams, and pastes due to low surface tension, high surface motion, strong spread strength, chemical inertness, and thermal stability. Liquid silicone is also used as a lubricant as a waterproof sealant used in bathrooms and window fittings, while solid silicone rubber has a broad variety of uses ranging from cake baking to indoor sanitary security. With the rising demand of these products from their application and end-use industries, the silicones and siloxanes market is expected to grow further in the coming years.

2024 Market Share by Country
Germany 4.8%
USA XX%
Canada XX%
UK XX%
France XX%

Competitive Landscape

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

  • Dow Chemical Company
  • Wacker Chemie AG
  • Momentive Performance Materials Inc.
  • Shin-Etsu Chemical Co., Ltd.
  • Elkem Silicones
  • Others

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

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global silicones and siloxanes market attained a volume of nearly 6.23 MMT.

In the forecast period of 2025-2034, the global silicones and siloxanes market is projected to grow at a CAGR of 5.80%.

By 2034, the global silicones and siloxanes market is estimated to reach 10.95 MMT.

The major market drivers include the surging demand for silicones and siloxanes in the healthcare sector, the rising use of silicones and siloxanes in personal care and cosmetics products, and increasing construction activities.

The key trends guiding the market are the use of siloxanes and silicones in the food industry, the versatility of silicones, and the surging use of liquid silicone as a lubricant and waterproof sealant in window fittings and bathrooms.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major types of silicones in the market are elastomers, fluids, resins, and gels, while the major siloxanes types are linear and cyclic.

The various applications of siloxanes are silicones, among others, whereas silicones find applications in industrial applications, construction materials, home and personal care, transportation, energy, healthcare, and electronics, among others.

The major players in the market are Dow Chemical Company, Wacker Chemie AG, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., and Elkem Silicones, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Silicones Market Breakup by Type
  • Elastomers
  • Fluids
  • Resins
  • Gels
Silicones Market Breakup by Application
  • Industrial Applications
  • Construction Materials
  • Home and Personal Care
  • Transportation
  • Energy
  • Healthcare
  • Electronics
  • Others
Siloxanes Market Breakup by Type
  • Linear
  • Cyclic
Siloxanes Market Breakup by Application
  • Silicones
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dow Chemical Company
  • Wacker Chemie AG
  • Momentive Performance Materials Inc.
  • Shin-Etsu Chemical Co., Ltd.
  • Elkem Silicones
  • Others
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