실리콘 오일 시장 규모, 점유율, 성장 분석 : 제품 유형별, 용도별, 최종 용도 산업별, 지역별 - 산업 예측(2025-2032년)

Silicone Oil Market size was valued at USD 20.19 billion in 2023 and is poised to grow from USD 21.68 billion in 2024 to USD 38.39 billion by 2032, growing at a CAGR of 7.4% during the forecast period (2025-2032).

The silicone oil market is experiencing robust growth across various industries, such as healthcare, automotive, cosmetics, electronics, and construction, fueled by rising demand for silicone-based products and technological advancements. Key market drivers include the significant consumption of silicone oil in the automotive sector, where it serves as a lubricant and coolant for critical components like engines and braking systems. As global vehicle production escalates, particularly in emerging markets, the automotive industry's appetite for silicone oil is set to surge. Furthermore, the increasing adoption of electric vehicles (EVs) and the need for effective thermal management systems are creating new opportunities for manufacturers, positioning silicone oil as a crucial element for innovation and efficiency within the market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Silicone Oil market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Silicone Oil Market Segments Analysis

Global Silicone Oil Market is segmented by Product Types, Application, End Use Industry and region. Based on Product Types, the market is segmented into Straight Silicon Oil and Modified Silicon Oil. Based on Application, the market is segmented into Lubricants, Water Repellents, Working Media, Heat Carrier and Others. Based on End Use Industry, the market is segmented into Titanium, Industrial, Personal Care & Home Care, Textile, Energy, Automotive & Transportation, Agriculture and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Silicone Oil Market

The silicone oil market is experiencing significant growth, particularly driven by the healthcare sector, where there is a heightened demand for its applications in ophthalmology. Silicone oil serves crucial roles as a lubricant for intraocular lenses and as an essential aid in vitreoretinal surgeries. The increasing prevalence of eye-related disorders, coupled with a rapidly growing elderly population, is substantially contributing to the rising need for silicone oil. This surge is further supported by advancements in medical technology and an expanding array of therapeutic options, emphasizing the vital role silicone oil plays in improving patient care and surgical outcomes in the healthcare industry.

Restraints in the Silicone Oil Market

The silicone oil market encounters challenges due to competition from alternative products in specific applications. For instance, synthetic hydrocarbon-based oils can effectively replace silicone oil in certain lubrication scenarios. This presence of substitutes not only offers consumers viable options but also has the potential to influence the growth trajectory of the silicone oil market. As these alternatives gain traction and are adopted in various industries, they pose a significant restraint, which could hinder the expansion and profitability of silicone oil manufacturers. The ability to compete with these substitute products will be crucial for the sustainability of the silicone oil market in the future.

Market Trends of the Silicone Oil Market

The global silicone oil market is witnessing a significant upward trend, largely fueled by the rising demand for silicone in medical applications. As an inert and biocompatible material, silicone oil is increasingly favored in the production of medical devices such as implants, catheters, and surgical gloves due to its safety and durability. This growing adoption is driven by advancements in healthcare technologies and increasing surgical procedures globally. Furthermore, the expansion of the healthcare sector and the rising focus on quality healthcare materials are anticipated to propel the silicone oil market's growth in the coming years, solidifying its position as a key player in medical innovation.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Silicone Oil Market Size by Product Types & CAGR (2025-2032)

• Market Overview
• Straight Silicon Oil
• Modified Silicon Oil

Global Silicone Oil Market Size by Application & CAGR (2025-2032)

• Market Overview
• Lubricants
• Water Repellents
• Working Media
• Heat Carrier
• Others

Global Silicone Oil Market Size by End Use Industry & CAGR (2025-2032)

• Market Overview
• Titanium
• Industrial
• Personal Care & Home Care
• Textile
• Energy
• Automotive & Transportation
• Agriculture
• Others

Global Silicone Oil Market Size & CAGR (2025-2032)

• North America (Product Types, Application, End Use Industry)
  • US
  • Canada
• Europe (Product Types, Application, End Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Types, Application, End Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Types, Application, End Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Types, Application, End Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Shin-Etsu Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wacker Chemie AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KCC Corporation (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Soudal N.V. (Belgium)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Iota Silicone Oil Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Twin Specialties Corp. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ThreeBond International, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Extreme Molding (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hemlock Semiconductor Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Momentive Performance Materials, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Silicones Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bluestar Silicones International (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Silchem Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangsu Hongda New Material Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dongyue Group Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tinci Materials Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Guangzhou Baiyun Chemical Industry Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hoshine Silicon Industry Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations