The report "Silicone Oil Market by End-Use Industry (Industrial, Personal Care &
Homecare, Textile, Energy, Automotive & Transportation, Agriculture, Others), by
Application (Lubricants, Water Repellants, Working Media, Heat Carrier) and by
Region - Global Forecast to 2020", The global silicone oil market is projected to reach USD
2.41 Billion by 2020 from estimated USD 1.78 Billion in 2014, at a CAGR of 4.85% between
2015 and 2020.
Browse 94 market data Tables and 63 Figures spread through 154 Pages and in-depth TOC
on "Silicone Oil Market”
https://www.marketsandmarkets.com/Market-Reports/silicone-oil-market-
149756405.html
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Lubricants: the largest application segment of the silicone oil market
Among the various applications, the lubricants segment holds the largest share in the
silicone oil market. This large share is attributed to the increasing use of silicone lubricants
compared to mineral lubricants as silicone oil lubricants have unique physical and chemical
properties. Silicone oil lubricants can withstand high temperature range and possess good
dielectric property. Silicone oil based lubricants are widely used in industrial processing
such as polymer production, yarn and thread production, textile finishing, and so on.
However, water repellents application segment is expected to grow at the highest CAGR.
Personal care & home care industry: the largest consumer of silicone oil among end-
use industry
Silicone oil is majorly consumed by the personal care & home care industry, thus holding
the largest share in the silicone oil market as compared to other end-use industries. This
industry is projected to dominate the market of silicone oil in near future and is the fastest-