According to the latest report by IMARC Group, titled “Silicones and Siloxanes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market. The silicones and siloxanes market outlook report also includes competitor and regional analysis, and contemporary advancements in the market. The global silicones and siloxanes market size reached US$ 22.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.85% during 2023-2028.
Silicones and Siloxanes Market Overview:
Siloxanes refer to a group of chemical compounds that act as a building block for silicones. It is an unnatural silicone-oxygen hybrid in which each silicone atom is connected to one or more than one organic groups. Silicones or polysiloxanes, refer to polymers produced using repeated units of siloxanes. They are water repellent, odorless, flexible, resistant to chemicals and moisture, and possess temperature stability and high oxidation. In recent years, silicones and siloxanes have gained traction as they find extensive applications in the food and beverage (FB), cosmetics, and construction industries.
Request Free Sample Report: https://www.imarcgroup.com/silicone-siloxane-market/requestsample
Global Silicones and Siloxanes Market Growth:
One of the primary factors driving the market is the widespread utilization of silicones and siloxanes in personal care products, such as sun-care products, deodorants, cosmetics, and hair creams and conditioners. Additionally, siloxanes are extensively used in innovative methods of treatments, such as dimethyl siloxanes, which find utilization in antifoams, emulsions, and pastes due to their low surface tension, good spreading power, high surface activity, chemical inertness and thermal stability, thus creating a positive market outlook. Other than this, silicone-based materials, including adhesives, sealants, and protective coatings, which are durable, strong, and weather-resistant are employed in the production of various construction materials, which are positively influencing the market growth. Furthermore, the exponential growth in the construction industry in confluence with the increasing infrastructural development in numerous countries is propelling the market growth.
Ask Analyst for Instant Discount and Download Full Report with TOC List of Figure: https://www.imarcgroup.com/silicone-siloxane-market
Key Market Segmentation:
Top Silicones and Siloxanes Companies:
- Dow Chemical Company
- Momentive Performance Materials Inc.
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- Elkem ASA
Silicones Market:
Breakup by Type:
- Elastomers
- Fluids
- Resins
- Gels
Breakup by Application:
- Industrial Applications
- Construction Materials
- Home and Personal Care
- Transportation
- Energy
- Healthcare
- Electronics
- Others
Siloxanes Market:
Breakup by Type:
- Linear
- Cyclic
Breakup by Application:
- Silicones
- Other Applications
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800