세계의 실리콘 오일 시장 규모, 점유율, 동향 분석 : 용도별, 유형별, 최종사용자별, 지역별 전망과 예측(2024-2031년)

The Global Silicone Oil Market size is expected to reach $7.4 billion by 2031, rising at a market growth of 7.0% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,288.4 kilo tonnes, experiencing a growth of 25.1% (2020-2023).

Silicone oils have occlusive properties, forming a protective barrier on the skin's surface that helps to lock in moisture. Growing hair care industry is translates into higher demand for silicone oil within the industry, as per the National Investment Promotion and Facilitation Agency Indian hair care industry is predicted to reach $3.62 Bn by 2026 with a rate of 2%. In 2022, the hair care segment accumulated revenue of $3.34 Bn. Hence, the skin & hair care segment recorded $1,150.2 million revenue in the silicone oil market in 2023. In terms of volume, 461.3 kilo tonnes of silicone oils are expected to be utilized in skin & hair care by the year 2031. Silicone oils are prized for their silky-smooth texture and ability to impart a luxurious feel to skincare and haircare products. They create a lightweight, non-greasy, and velvety finish on the skin and hair, enhancing the overall sensory experience of using these products.

Silicone oil is used as an intraocular tamponade agent in retinal detachment surgeries. When a patient experiences retinal detachment, a procedure involves injecting silicone oil into the eye to reposition the detached retina and maintain its placement during the healing phase. This procedure helps restore vision and prevent further retinal detachment. Hence, increasing demand in the healthcare sector is driving the market's growth.

Moreover, with electronic devices' increasing complexity and miniaturization, there's a growing need for effective heat dissipation solutions to prevent overheating and ensure optimal performance. Silicon oil is used as a coolant and thermal management fluid in electronic components like CPUs, GPUs, and power electronics to dissipate heat and maintain safe operating temperatures efficiently. The growth of the electronics industry translates to a higher demand for silicon oil in manufacturing applications. Therefore, the rising electronics and electrical industry propels the market's growth.

However, Silicon oil is primarily derived from silicon, a key component of quartz, a naturally occurring mineral. The extraction and purification of silicon requires significant energy input and specialized processes, contributing to high raw material costs. Other chemicals and additives may also be required to synthesize silicon oil, further adding to production expenses. In conclusion, these quality assurance practices add to the overall cost of production, hampering the market's growth.

Type Outlook

Based on type, the market is divided into straight and modified. In 2023, the straight segment garnered 33% revenue share in the market. In terms of volume, 795.9 kilo tonnes of Straight silicone oil is expected to be utilized by the year 2031. Straight silicone oil is versatile and can be used in various industries. Its distinct characteristics, encompassing elevated thermal stability, chemical inertness, minimal surface tension, and exceptional dielectric attributes, render it appropriate for various uses, including lubrication, hydraulic fluids, cosmetics, personal care items, textiles, and industrial coatings.

Application Outlook

On the basis of application, the market is segmented into sealant, skin & hair care, textile coating, detergent, chemical intermediate, anti-foam agent, release agent, and others. The chemical intermediate segment witnessed 13% revenue share in the market in 2023. In terms of volume, 279.4 kilo tonnes of Silicone oils is expected to be utilized as chemical intermediate by the year 2031. Silicone oils possess various functional properties, including thermal stability, chemical inertness, low surface tension, and lubricity.

End-user Outlook

Based on end-user, the market is categorized into chemical, construction, personal care, textile, electronics, automotive, medical, and others. In 2023, the personal care segment registered 26% revenue share in the market. In terms of volume, 442.2 kilo tonnes of Silicone oils is expected to be utilized in personal care by the year 2031. Silicone oils improve the spread ability and uniformity of personal care formulations, ensuring the even distribution of active ingredients and enhancing their efficacy. They also help to reduce friction during application, making products easier to apply and distribute on the skin or hair.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed the maximum revenue share in the market in 2023. In terms of volume, 872.9 kilo tonnes of silicone oil is expected to be utilized by the year 2031. The Asia-Pacific region is witnessing rapid urbanization and infrastructure development, driven by population growth, urban migration, and government-led initiatives. Silicone oil is used in construction materials such as sealants, adhesives, coatings, and waterproofing solutions to enhance the durability, performance, and sustainability of buildings, roads, bridges, and other infrastructure projects.

List of Key Companies Profiled

• Siltech Corporation
• The Dow Chemical Company
• Momentive Performance Materials, Inc. (Hexion, Inc.)
• Evonik Industries AG (RAG-Stiftung)
• Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
• Iota Silicone Oil (Anhui) Co., Ltd (Iota Corporation Limited)
• Wacker Chemie AG
• CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
• BRB International B.V. (PETRONAS Chemicals Group Berhad)

Global Silicone Oil Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Skin & Hair Care
• Sealant
• Textile Coating
• Detergent
• Chemical Intermediate
• Anti-foam Agent
• Release Agent
• Others

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Modified
• Straight

By End-user (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Personal Care
• Chemical
• Construction
• Textile
• Electronics
• Automotive
• Medical
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Silicone Oil Market, by Application
  • 1.4.2 Global Silicone Oil Market, by Type
  • 1.4.3 Global Silicone Oil Market, by End-user
  • 1.4.4 Global Silicone Oil Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
  • 3.2.3 Market Opportunities
  • 3.2.4 Market Challenges
• 3.3 Porter Five Forces Analysis

Chapter 4. Global Silicone Oil Market by Application

• 4.1 Global Skin & Hair Care Market by Region
• 4.2 Global Sealant Market by Region
• 4.3 Global Textile Coating Market by Region
• 4.4 Global Detergent Market by Region
• 4.5 Global Chemical Intermediate Market by Region
• 4.6 Global Anti-foam Agent Market by Region
• 4.7 Global Release Agent Market by Region
• 4.8 Global Others Market by Region

Chapter 5. Global Silicone Oil Market by Type

• 5.1 Global Modified Market by Region
• 5.2 Global Straight Market by Region

Chapter 6. Global Silicone Oil Market by End-user

• 6.1 Global Personal Care Market by Region
• 6.2 Global Chemical Market by Region
• 6.3 Global Construction Market by Region
• 6.4 Global Textile Market by Region
• 6.5 Global Electronics Market by Region
• 6.6 Global Automotive Market by Region
• 6.7 Global Medical Market by Region
• 6.8 Global Others Market by Region

Chapter 7. Global Silicone Oil Market by Region

• 7.1 North America Silicone Oil Market
  • 7.1.1 North America Silicone Oil Market by Application
    • 7.1.1.1 North America Skin & Hair Care Market by Country
    • 7.1.1.2 North America Sealant Market by Country
    • 7.1.1.3 North America Textile Coating Market by Country
    • 7.1.1.4 North America Detergent Market by Country
    • 7.1.1.5 North America Chemical Intermediate Market by Country
    • 7.1.1.6 North America Anti-foam Agent Market by Country
    • 7.1.1.7 North America Release Agent Market by Country
    • 7.1.1.8 North America Others Market by Country
  • 7.1.2 North America Silicone Oil Market by Type
    • 7.1.2.1 North America Modified Market by Country
    • 7.1.2.2 North America Straight Market by Country
  • 7.1.3 North America Silicone Oil Market by End-user
    • 7.1.3.1 North America Personal Care Market by Country
    • 7.1.3.2 North America Chemical Market by Country
    • 7.1.3.3 North America Construction Market by Country
    • 7.1.3.4 North America Textile Market by Country
    • 7.1.3.5 North America Electronics Market by Country
    • 7.1.3.6 North America Automotive Market by Country
    • 7.1.3.7 North America Medical Market by Country
    • 7.1.3.8 North America Others Market by Country
  • 7.1.4 North America Silicone Oil Market by Country
    • 7.1.4.1 US Silicone Oil Market
      • 7.1.4.1.1 US Silicone Oil Market by Application
      • 7.1.4.1.2 US Silicone Oil Market by Type
      • 7.1.4.1.3 US Silicone Oil Market by End-user
    • 7.1.4.2 Canada Silicone Oil Market
      • 7.1.4.2.1 Canada Silicone Oil Market by Application
      • 7.1.4.2.2 Canada Silicone Oil Market by Type
      • 7.1.4.2.3 Canada Silicone Oil Market by End-user
    • 7.1.4.3 Mexico Silicone Oil Market
      • 7.1.4.3.1 Mexico Silicone Oil Market by Application
      • 7.1.4.3.2 Mexico Silicone Oil Market by Type
      • 7.1.4.3.3 Mexico Silicone Oil Market by End-user
    • 7.1.4.4 Rest of North America Silicone Oil Market
      • 7.1.4.4.1 Rest of North America Silicone Oil Market by Application
      • 7.1.4.4.2 Rest of North America Silicone Oil Market by Type
      • 7.1.4.4.3 Rest of North America Silicone Oil Market by End-user
• 7.2 Europe Silicone Oil Market
  • 7.2.1 Europe Silicone Oil Market by Application
    • 7.2.1.1 Europe Skin & Hair Care Market by Country
    • 7.2.1.2 Europe Sealant Market by Country
    • 7.2.1.3 Europe Textile Coating Market by Country
    • 7.2.1.4 Europe Detergent Market by Country
    • 7.2.1.5 Europe Chemical Intermediate Market by Country
    • 7.2.1.6 Europe Anti-foam Agent Market by Country
    • 7.2.1.7 Europe Release Agent Market by Country
    • 7.2.1.8 Europe Others Market by Country
  • 7.2.2 Europe Silicone Oil Market by Type
    • 7.2.2.1 Europe Modified Market by Country
    • 7.2.2.2 Europe Straight Market by Country
  • 7.2.3 Europe Silicone Oil Market by End-user
    • 7.2.3.1 Europe Personal Care Market by Country
    • 7.2.3.2 Europe Chemical Market by Country
    • 7.2.3.3 Europe Construction Market by Country
    • 7.2.3.4 Europe Textile Market by Country
    • 7.2.3.5 Europe Electronics Market by Country
    • 7.2.3.6 Europe Automotive Market by Country
    • 7.2.3.7 Europe Medical Market by Country
    • 7.2.3.8 Europe Others Market by Country
  • 7.2.4 Europe Silicone Oil Market by Country
    • 7.2.4.1 Germany Silicone Oil Market
      • 7.2.4.1.1 Germany Silicone Oil Market by Application
      • 7.2.4.1.2 Germany Silicone Oil Market by Type
      • 7.2.4.1.3 Germany Silicone Oil Market by End-user
    • 7.2.4.2 UK Silicone Oil Market
      • 7.2.4.2.1 UK Silicone Oil Market by Application
      • 7.2.4.2.2 UK Silicone Oil Market by Type
      • 7.2.4.2.3 UK Silicone Oil Market by End-user
    • 7.2.4.3 France Silicone Oil Market
      • 7.2.4.3.1 France Silicone Oil Market by Application
      • 7.2.4.3.2 France Silicone Oil Market by Type
      • 7.2.4.3.3 France Silicone Oil Market by End-user
    • 7.2.4.4 Russia Silicone Oil Market
      • 7.2.4.4.1 Russia Silicone Oil Market by Application
      • 7.2.4.4.2 Russia Silicone Oil Market by Type
      • 7.2.4.4.3 Russia Silicone Oil Market by End-user
    • 7.2.4.5 Spain Silicone Oil Market
      • 7.2.4.5.1 Spain Silicone Oil Market by Application
      • 7.2.4.5.2 Spain Silicone Oil Market by Type
      • 7.2.4.5.3 Spain Silicone Oil Market by End-user
    • 7.2.4.6 Italy Silicone Oil Market
      • 7.2.4.6.1 Italy Silicone Oil Market by Application
      • 7.2.4.6.2 Italy Silicone Oil Market by Type
      • 7.2.4.6.3 Italy Silicone Oil Market by End-user
    • 7.2.4.7 Rest of Europe Silicone Oil Market
      • 7.2.4.7.1 Rest of Europe Silicone Oil Market by Application
      • 7.2.4.7.2 Rest of Europe Silicone Oil Market by Type
      • 7.2.4.7.3 Rest of Europe Silicone Oil Market by End-user
• 7.3 Asia Pacific Silicone Oil Market
  • 7.3.1 Asia Pacific Silicone Oil Market by Application
    • 7.3.1.1 Asia Pacific Skin & Hair Care Market by Country
    • 7.3.1.2 Asia Pacific Sealant Market by Country
    • 7.3.1.3 Asia Pacific Textile Coating Market by Country
    • 7.3.1.4 Asia Pacific Detergent Market by Country
    • 7.3.1.5 Asia Pacific Chemical Intermediate Market by Country
    • 7.3.1.6 Asia Pacific Anti-foam Agent Market by Country
    • 7.3.1.7 Asia Pacific Release Agent Market by Country
    • 7.3.1.8 Asia Pacific Others Market by Country
  • 7.3.2 Asia Pacific Silicone Oil Market by Type
    • 7.3.2.1 Asia Pacific Modified Market by Country
    • 7.3.2.2 Asia Pacific Straight Market by Country
  • 7.3.3 Asia Pacific Silicone Oil Market by End-user
    • 7.3.3.1 Asia Pacific Personal Care Market by Country
    • 7.3.3.2 Asia Pacific Chemical Market by Country
    • 7.3.3.3 Asia Pacific Construction Market by Country
    • 7.3.3.4 Asia Pacific Textile Market by Country
    • 7.3.3.5 Asia Pacific Electronics Market by Country
    • 7.3.3.6 Asia Pacific Automotive Market by Country
    • 7.3.3.7 Asia Pacific Medical Market by Country
    • 7.3.3.8 Asia Pacific Others Market by Country
  • 7.3.4 Asia Pacific Silicone Oil Market by Country
    • 7.3.4.1 China Silicone Oil Market
      • 7.3.4.1.1 China Silicone Oil Market by Application
      • 7.3.4.1.2 China Silicone Oil Market by Type
      • 7.3.4.1.3 China Silicone Oil Market by End-user
    • 7.3.4.2 Japan Silicone Oil Market
      • 7.3.4.2.1 Japan Silicone Oil Market by Application
      • 7.3.4.2.2 Japan Silicone Oil Market by Type
      • 7.3.4.2.3 Japan Silicone Oil Market by End-user
    • 7.3.4.3 India Silicone Oil Market
      • 7.3.4.3.1 India Silicone Oil Market by Application
      • 7.3.4.3.2 India Silicone Oil Market by Type
      • 7.3.4.3.3 India Silicone Oil Market by End-user
    • 7.3.4.4 South Korea Silicone Oil Market
      • 7.3.4.4.1 South Korea Silicone Oil Market by Application
      • 7.3.4.4.2 South Korea Silicone Oil Market by Type
      • 7.3.4.4.3 South Korea Silicone Oil Market by End-user
    • 7.3.4.5 Singapore Silicone Oil Market
      • 7.3.4.5.1 Singapore Silicone Oil Market by Application
      • 7.3.4.5.2 Singapore Silicone Oil Market by Type
      • 7.3.4.5.3 Singapore Silicone Oil Market by End-user
    • 7.3.4.6 Malaysia Silicone Oil Market
      • 7.3.4.6.1 Malaysia Silicone Oil Market by Application
      • 7.3.4.6.2 Malaysia Silicone Oil Market by Type
      • 7.3.4.6.3 Malaysia Silicone Oil Market by End-user
    • 7.3.4.7 Rest of Asia Pacific Silicone Oil Market
      • 7.3.4.7.1 Rest of Asia Pacific Silicone Oil Market by Application
      • 7.3.4.7.2 Rest of Asia Pacific Silicone Oil Market by Type
      • 7.3.4.7.3 Rest of Asia Pacific Silicone Oil Market by End-user
• 7.4 LAMEA Silicone Oil Market
  • 7.4.1 LAMEA Silicone Oil Market by Application
    • 7.4.1.1 LAMEA Skin & Hair Care Market by Country
    • 7.4.1.2 LAMEA Sealant Market by Country
    • 7.4.1.3 LAMEA Textile Coating Market by Country
    • 7.4.1.4 LAMEA Detergent Market by Country
    • 7.4.1.5 LAMEA Chemical Intermediate Market by Country
    • 7.4.1.6 LAMEA Anti-foam Agent Market by Country
    • 7.4.1.7 LAMEA Release Agent Market by Country
    • 7.4.1.8 LAMEA Others Market by Country
  • 7.4.2 LAMEA Silicone Oil Market by Type
    • 7.4.2.1 LAMEA Modified Market by Country
    • 7.4.2.2 LAMEA Straight Market by Country
  • 7.4.3 LAMEA Silicone Oil Market by End-user
    • 7.4.3.1 LAMEA Personal Care Market by Country
    • 7.4.3.2 LAMEA Chemical Market by Country
    • 7.4.3.3 LAMEA Construction Market by Country
    • 7.4.3.4 LAMEA Textile Market by Country
    • 7.4.3.5 LAMEA Electronics Market by Country
    • 7.4.3.6 LAMEA Automotive Market by Country
    • 7.4.3.7 LAMEA Medical Market by Country
    • 7.4.3.8 LAMEA Others Market by Country
  • 7.4.4 LAMEA Silicone Oil Market by Country
    • 7.4.4.1 Brazil Silicone Oil Market
      • 7.4.4.1.1 Brazil Silicone Oil Market by Application
      • 7.4.4.1.2 Brazil Silicone Oil Market by Type
      • 7.4.4.1.3 Brazil Silicone Oil Market by End-user
    • 7.4.4.2 Argentina Silicone Oil Market
      • 7.4.4.2.1 Argentina Silicone Oil Market by Application
      • 7.4.4.2.2 Argentina Silicone Oil Market by Type
      • 7.4.4.2.3 Argentina Silicone Oil Market by End-user
    • 7.4.4.3 UAE Silicone Oil Market
      • 7.4.4.3.1 UAE Silicone Oil Market by Application
      • 7.4.4.3.2 UAE Silicone Oil Market by Type
      • 7.4.4.3.3 UAE Silicone Oil Market by End-user
    • 7.4.4.4 Saudi Arabia Silicone Oil Market
      • 7.4.4.4.1 Saudi Arabia Silicone Oil Market by Application
      • 7.4.4.4.2 Saudi Arabia Silicone Oil Market by Type
      • 7.4.4.4.3 Saudi Arabia Silicone Oil Market by End-user
    • 7.4.4.5 South Africa Silicone Oil Market
      • 7.4.4.5.1 South Africa Silicone Oil Market by Application
      • 7.4.4.5.2 South Africa Silicone Oil Market by Type
      • 7.4.4.5.3 South Africa Silicone Oil Market by End-user
    • 7.4.4.6 Nigeria Silicone Oil Market
      • 7.4.4.6.1 Nigeria Silicone Oil Market by Application
      • 7.4.4.6.2 Nigeria Silicone Oil Market by Type
      • 7.4.4.6.3 Nigeria Silicone Oil Market by End-user
    • 7.4.4.7 Rest of LAMEA Silicone Oil Market
      • 7.4.4.7.1 Rest of LAMEA Silicone Oil Market by Application
      • 7.4.4.7.2 Rest of LAMEA Silicone Oil Market by Type
      • 7.4.4.7.3 Rest of LAMEA Silicone Oil Market by End-user

Chapter 8. Company Profiles

• 8.1 Siltech Corporation
  • 8.1.1 Company Overview
• 8.2 Iota Silicone Oil (Anhui) Co., Ltd (Iota Corporation Limited)
  • 8.2.1 Company Overview
• 8.3 The Dow Chemical Company
  • 8.3.1 Company Overview
  • 8.3.2 Financial Analysis
  • 8.3.3 Segmental and Regional Analysis
  • 8.3.4 Research & Development Expenses
  • 8.3.5 SWOT Analysis
• 8.4 Momentive Performance Materials, Inc. (Hexion, Inc.)
  • 8.4.1 Company Overview
  • 8.4.2 SWOT Analysis
• 8.5 Evonik Industries AG (RAG-Stiftung)
  • 8.5.1 Company Overview
  • 8.5.2 Financial Analysis
  • 8.5.3 Segmental and Regional Analysis
  • 8.5.4 Research & Development Expenses
  • 8.5.5 SWOT Analysis
• 8.6 Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
  • 8.6.1 Company Overview
  • 8.6.2 Financial Analysis
  • 8.6.3 Segmental and Regional Analysis
  • 8.6.4 Research & Development Expenses
  • 8.6.5 SWOT Analysis
• 8.7 Wacker Chemie AG
  • 8.7.1 Company Overview
  • 8.7.2 Financial Analysis
  • 8.7.3 Segmental and Regional Analysis
  • 8.7.4 Research & Development Expenses
  • 8.7.5 SWOT Analysis
• 8.8 CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
  • 8.8.1 Company Overview
  • 8.8.2 SWOT Analysis
• 8.9 BRB International B.V. (PETRONAS Chemicals Group Berhad)
  • 8.9.1 Company Overview
  • 8.9.2 Financial Analysis
  • 8.9.3 Segmental and Regional Analysis

Chapter 9. Winning Imperatives for Silicone Oil Market