On the basis of the application, the
global Silicone Oil industry is segmented into damping fluid, thermal bath
fluid, lubricant, dielectric fluid, cosmetics & personal care products,
pharmaceuticals, polishes and others. Silicone oil was majorly consumed in
different applications of cosmetics & personal care product such as
deodorants, skin care products, hair care products, lipstick, make‐up products,
and shaving products among other in 2017 owing to its non-toxicity and
water-repellent characteristics. It is expected to continue growing rapidly
over the forecast period 2018-2027.
On the basis of the end-user
industry, the global Silicone Oil industry is segmented into cosmetics &
personal care products, healthcare, automotive, aerospace, electronics,
industrial, textile, and others. Cosmetics & Personal care industry
accounted to hold the largest market share of the global Silicone Oil industry
in 2017 and is expected to show a considerable growth during the forecast
period. However, end-use industries such as automotive and aerospace are
collectively expected to witness a huge consumption of silicone oil owing to
the vast uses of silicone oil for automotive and aerospace such as damping
fluid, lubricants, dielectric fluid, polishes, hydraulic fluid, and others over
the forecast period.
Regional Analysis
The global Silicone Oil industry
is segmented into five regions namely Asia Pacific, North America, Europe,
Latin America, and the Middle East and Africa. Asia Pacific was largest global
silicone oils market in 2017 and is expected to continue experiencing a strong
growth over the forecast period. Europe accounted to be the second largest
market for silicone oil in 2017 and is expected to remain the same during the
forecast period. North America is expected to show rising demand for silicone
oil over the forecast period. The Middle East & Africa are also expected to
witness a significant demand for silicone oil over the forecast period. Latin
America holds the least market share of the global Silicone Oil industry and is
expected to show sluggish growth during the forecast period.
Get More Professional and Technical Industry Insights @ https://www.marketresearchfuture.com/reports/silicon-oil-market-6052
Competitive Analysis
Some of the prominent manufacturers
of the global Silicone Oil industry are Merck KGaA (Germany), Aurolab (India),
Clearco Products Co., Inc. (U.S.), Wacker Chemie AG (Germany), Shin-Etsu
Chemical Co. Ltd. (Japan), Elkem Silicones (France), Momentive Performance
Materials Inc. (US), Thermo Fisher Scientific, Inc. (U.S.), D R P Silicone
(India), Evonik Industries AG (Germany), ACC Silicones Ltd. (UK), BRB
International (Netherlands), Siltech Corporation (Canada), Anhui Youcheng
Siliconeoil Co., Ltd. (China), and China National Bluestar (Group) Co,Ltd.
(China).
Get Free Sample Copy of “Silicone Oil
industry” @ https://www.marketresearchfuture.com/sample_request/6052
NOTE: Our Team of Researchers is
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
About
Market Research Future:
At Market Research Future
(MRFR), we enable our customers to unravel the complexity of various
industries through our Cooked Research Report (CRR), Half-Cooked Research
Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and
Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market
research and intelligence services to our clients. Our market research studies
by products, services, technologies, applications, end users, and market
players for global, regional, and country level market segments, enable our
clients to see more, know more, and do more, which help to answer all their
most important questions.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
No comments:
Post a Comment