Base Year
Historical Year
Forecast Year
The global Silicones and Siloxanes market reached a volume of about 6.23 MMT in 2023, the market is further expected to grow at a CAGR of 5.8% during 2024-2032 to reach a volume of 10.36 MMT by 2032.
| Global Silicones and Siloxanes Market Report Summary | Description | Value |
| Base Year | MMT | 2023 |
| Historical Period | MMT | 2018-2023 |
| Forecast Period | MMT | 2024-2032 |
| Market Size 2023 | MMT | 6.23 |
| Market Size 2032 | MMT | 10.36 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.8% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 6.8% |
| CAGR 2024-2032 - Market by Country | India | 9.1% |
| CAGR 2024-2032 - Market by Country | UK | 7.5% |
| CAGR 2024-2032 - Market by Type | Resins | 5.8% |
| CAGR 2024-2032 - Market by Application | Home and Personal Care | 6.0% |
| Market Share by Country 2023 | 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.
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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.
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The silicones market can be divided on the basis of types and applications. Based on types, the market can be divided into the following:
| CAGR 2024-2032 - Market by | Type |
| Resins | 5.8% |
| Gels | 4.8% |
| Elastomers | XX% |
| Fluids | XX% |
It find wide application in the following sectors:
| CAGR 2024-2032 - Market by | Application |
| Home and Personal Care | 6.0% |
| Transportation | 5.7% |
| Industrial Applications | XX% |
| Construction Materials | XX% |
| Energy | XX% |
| Others | XX% |
By type, siloxanes are divided into:
Based on application, the siloxanes industry is segmented as:
The regional silicones and siloxanes markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
| CAGR 2024-2032 - Market by | Region |
| Asia Pacific | 6.8% |
| Europe | 4.7% |
| North America | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
| CAGR 2024-2032 - 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% |
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.
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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.
| 2023 Market Share by | Country |
| Germany | 4.8% |
| USA | XX% |
| Canada | XX% |
| UK | XX% |
| France | XX% |
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:
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.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Silicones Market Breakup by Type |
|
| Silicones Market Breakup by Application |
|
| Siloxanes Market Breakup by Type |
|
| Siloxanes Market Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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In 2023, the global silicones and siloxanes market attained a volume of nearly 6.23 MMT.
In the forecast period of 2024-2032, the global silicones and siloxanes market is projected to grow at a CAGR of 5.8%.
By 2032, the global silicones and siloxanes market is estimated to reach 10.36 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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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