Chemicals and Materials Silicon Oil Market New | Page 2

growing market for silicone oil during 2015 and 2020. Silicone oil is extensively used in
myriad homecare & personal care applications owing to its versatility, biocompatibility,
conditioning benefits, low surface tension, high permeability, and pressure sensitive
properties. The aging population in the North America region and the growing demand
from consumers for improved quality personal care products is driving the market of
silicone oil.
Asia-Pacific – The most dominant region in the global silicone oil market
The silicone oil market in Asia-Pacific accounted for the largest share of the global silicone
oil market, in terms of volume, in 2014. It is expected to account for the largest share of the
market by 2020 due to the increasing demand for personal care products such as hair care
products, skin cream, and color cosmetics and so on, from the developing countries such as
India and China.
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Some of the major players in the silicone oil market are Wacker Chemie A.G. (Germany),
Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Shin-Etsu
Chemical Co. Ltd. (Japan), Bluestar Silicones International (France), ACC Silicones (U.K.),
Iota Silicone Oil Co. Ltd. (China), KCC Basildon Chemical Company Limited (South Korea),
and others.
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