The siloxane backbone is most often modified in two ways:
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This affords a way of transforming hydrophobic silicone fluids into more or less hydrophilic molecules.
Reactive silicone fluids are siloxanes terminated with reactive groups. They include, e.g. OH polymers (hydrolyzates) or silicone fluids with amino or epoxy groups.
Silicone fluids, also known as silicone oils or polydimethylsiloxane (PDMS), are synthetic polymers with a unique molecular structure. They are clear, odorless, and colorless liquids with a wide range of viscosities. Silicone fluids have excellent thermal stability, low surface tension, and high compressibility. These properties make them useful as lubricants, hydraulic fluids, damping fluids, release agents, antifoaming agents, and dielectric fluids. Furthermore, the silicone fluids market has witnessed a significant increase in demand, owing to its water-repellency, lubricity, mold-releasability, and defoaming properties.
The global silicone fluids market size is projected to grow from USD 5.1 billion in to USD 6.6 billion by , at a CAGR of 5.5%.
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Some of the key sectors that utilize silicone fluids include:
"The modified type segment is estimated to lead, In terms of value & volume"
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The modified silicone fluids segment is projected to be the leading segment in the silicone fluids market. These fluids offer enhanced properties and versatility compared to straight silicone fluids, making them suitable for a wide range of applications. They are extensively used in industries such as personal care and beauty, textiles, and automotive and transportation. The ability to customize the properties of modified silicone fluids drives their demand and market dominance.
"The personal care & beauty segment is estimated to be the fastest-growing segment"
The personal care and beauty segment is expected to be the fastest-growing segment in the silicone fluids market. Silicone fluids play a crucial role in cosmetics, skincare products, and hair care formulations, providing desirable properties like improved spreadability, water resistance, and smooth texture. The increasing demand for high-quality personal care products, coupled with the benefits offered by silicone fluids, drives the growth of this segment. However, it's important to note that market dynamics can evolve, and growth rates may vary based on factors such as consumer preferences, regulatory changes, and market trends.
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"The APAC region is projected to account for the largest share, In terms of value & volume"
The Asia-Pacific (APAC) region is projected to account for the largest share in the silicone fluids market. The region's dominance can be attributed to several factors such as rapid industrialization, economic growth, and increasing demand from end-use industries. APAC countries, including China, India, and Japan, have a significant presence in sectors like personal care and beauty, textiles, automotive, and electronics, which are major consumers of silicone fluids. The expanding population, rising disposable incomes, and growing awareness about personal care products further contribute to the market's growth in the region. However, market dynamics can change, and regional shares may fluctuate based on factors such as regulatory policies, geopolitical developments, and emerging markets in other regions.
The top key players are Dow Company (US), WACKER Chemie AG (Germany), Elkem ASA (Norway), Momentive (US), Shin-Etsu Chemical Co., Ltd. (Japan), amongst others.
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