Description :
Silicone oil , also known as polydimethylsiloxane ( PDMS ), is a nonflammable , tasteless , nontoxic , and odorless liquid polymerized siloxane comprising organic acid chains . It is used across various end user industries due to its high temperature stability , hydrophobicity , antishearing capability , excellent water & temperature resistance , good dielectric properties , and durability . It is an important tool in vitreoretinal surgery as it possesses the ability to remove aqueous humor from the surface of retina while maintaining the adhesion amid the retinal pigment epithelium and retina . Furthermore , it is used as a molding release agent for plastic and rubber products in the automotive industry since it ’ s non-adhesive to plastics , metals , and rubbers . Global silicone oil market is expected to grow at a CAGR of 4.6 % from 2016 to 2022 to reach $ 2,557 million by 2022 from $ 1,865 million in 2015 .
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Surge in demand for from emerging economies , growth in industrialization , and proliferation in applications fueled the market growth for silicone oil industry . Silicone oil has replaced hydrocarbon-based products in various industrial applications owing to its thermal stability . Asia-Pacific was the leading region and is expected to register substantial growth due to increase in demand for personal care products from emerging markets , such as China and India ; as well as rapid industrialization and rise in living standards . Moreover , the aforementioned factors are also expected to provide high potential for growth and development of silicone oil market . However , high manufacturing cost of silicone oil as compared to hydrocarbon oils limit its market growth .
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The report segments the silicone oil market on the basis of end user , application , and geography . By end user , it is classified into chemical , construction , personal care , textile , electronics , automotive , medical , and others , which includes , aerospace , pulp & paper , and food & beverages . Based on application , it is sub-divided into sealant , skin & hair care , textile coating , detergent , chemical intermediate , anti-foam agent , release agent , and others . The “ others ” category comprises water repellent , lubricant , and hydraulic oil . By geography , it is analyzed across North America , Europe , Asia-Pacific , and LAMEA .
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