By End-user (automotive and transportation, cosmetics and personal

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2026

NEW YORK, Feb. 17, 2022 /PRNewswire/ — The Silicone Oil Market Share is expected to increase by USD 502.54 million from 2021 to 2026, at an accelerated CAGR of 4.20%, according to the recent market study by Technavio.

Segmentation by End-user (In-Scope/Out-of-Scope)

The silicone oil market share growth by the automotive and transportation segment will be significant during the forecast period. The growth is attributed to the increase in demand for silicone oil in the automotive and transportation industry owing to its wide under-the-bonnet applications such as automotive hose bonding and filter end cap bonding. This is commonly used in gaskets, brake shims, and valve covers as it has better bonding properties, temperature resistance, and high stability.

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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Silicone Oil Market includes the following core components:

• Inputs

• Inbound logistics

• Operations

• Outbound logistics

• Marketing and sales

• Support activities

• Innovation

Highlights-

• Segmentation- The report extensively covers market segmentation by End-user (automotive and transportation, cosmetics and personal care, chemical, pharmaceutical, and others) and Geography (APAC, North America, Europe, South America, and MEA)

• Key Companies- Anhui Youcheng Siliconeoil Co. Ltd, Aurolab, Clearco Products Co. Inc., D R P Silicone, Elkem ASA, Evonik Industries AG, Merck KGaA, Shin-Etsu Chemical Co. Ltd., Siltech Corp., and Wacker Chemie AG among others

• Driver- Increase in demand for silicone oils for lubricants and grease manufacturing to drive the market.

• Challenge– Stringent regulatory policies for silicone fluids to hamper the market growth

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Vendor Insights-

The silicone oil market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

• Anhui Youcheng Siliconeoil Co. Ltd- The company offers a wide range of silicon oil such as Phenylmethyl Silicone Oil.

• Clearco Products Co. Inc.- The company offers STO-50 SILICONE TRANSFORMER OIL that is characterized by its high dielectric strength, high flash point, wide service temperature range and low vapor pressure.

• D R P Silicone- The company offers a wide range of products such as industrial grease, industrial oil, silicone oil, silicone emulsion and many more. Moreover, the company also provides Amino Silicone Oil to their valuable customers.

Find additional highlights on the vendors and their product…