The global silicone fluids market size is projected to reach US$ 2.5 billion by 2022, and register CAGR of 5.6% over the forecast period (2019 - 2027).
Market Overview
Silicones, also referred to as polydiorganosiloxanes by chemists, are stable and resistant to heat, electromagnetic radiation, and other diverse influences. Silicone fluids are odorless, transparent liquids that can resist extreme environments, such as heat, cold, and moisture. They can sustain temperatures ranging from below 60°C to +300°C. Moreover, silicone fluids are much stable than organic rubbers or polymers when exposed to UV and electromagnetic radiation. Its wide range of characteristics include excellent stability, low volatility, water repellence, and low surface tension. The fluids’ viscosity is determined by their molecular weight, although they are majorly liquid.
Market Dynamics
Owing to its numerous properties, silicone fluids have application as heat resistant lubricants, hydraulic fluids, transformer fluids, damping pump fluids, defoamers, dielectrics, and release agents in digital printing machines. They also have application in end use industries such as pharmaceuticals, cosmetics, and textiles as water repellants for glass treatment and other similar treatments.
Wide application of silicone fluids in industries, laboratories, and other applications in the medical sector is expected to contribute significantly to the market growth. Furthermore, demand for silicone rubbers in liquid form from industries such as electronics is expected to increase as a result of the comparatively easy process of manufacturing. Silicone gels have major application in surgical procedures such as breast implants. In the personal care industry, silicone is used in shampoos, oils, and face creams to induce spreadability and inhibit stickiness in oils. Properties such as heat resistance, solubility, and thermal stability are likely to drive demand for silicone fluids in the construction industry. In the automotive industry, silicone oils are used during the process of fan clutch assemblies.
Market Trends
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