Market Report, "Silicone Oil Market - Global Forecast to 2020", published

From: Fast Market Research, Inc.
Published: Mon Feb 22 2016

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 size is projected to reach USD 2.41 billion by 2020

The global silicone oil market size is projected to reach USD 2.41 billion by 2020, registering a CAGR of 4.85% between 2015 and 2020. The main reason for the growth of this market is the growing industrialization in various regions and the growing demand from personal care industry. The usefulness of silicone oil in various industrial applications is driving the market. The growing population and the rising demand for improved quality personal care products is also driving the market of silicone oil globally.

Full Report Details at

Asia-Pacific: the largest market for silicone oil

Asia-Pacific is the global leader in the consumption of silicone oil and this dominance is expected to continue till 2020. China, Japan, and India are the key countries in this region, accounting for more than 80% of the silicone oil market in Asia-Pacific. The Asia-Pacific market is expected to witness the highest CAGR between 2015 and 2020. This growth is attributed to the increase in disposable income and changing lifestyle of consumers in the region. Growing industrialization is also driving the market of silicone oil in the APAC region.

Personal care & home care: the largest end-use industry segment for silicone oil

Personal care & home care is the largest application segment for silicone oil. This segment is also expected to grow at the fastest growth rate during the forecast period. Silicone oil is used in many personal care products such as shampoos, hair care products, and shaving products. It is also used in manufacturing of homecare products, such as furniture polish, detergents, toiletries, insecticides, fragrances, and others. The growing consumer demand for high quality personal care products and growing population is driving the market of silicone oil in personal care & home care segment.

Breakdown of profile of primary participants:

* By Company Type: Tier 1 - 55 %, Tier 2 - 20% and Tier 3 - 25%
* By Designation: C level - 75%, Manager Level- 25%
* By Region: Europe- 40%, North America - 30%, APAC - 20%, RoW - 10%

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