Specialty Silicone Market - Size, Share, Analysis & Industry Revenue

Specialty Silicone Market Size

Study Period	2019 - 2029
Base Year For Estimation	2023
CAGR	> 7.00 %
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Specialty Silicones Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Specialty Silicone Market Analysis

The market for specialty silicones is expected to expand at a CAGR of more than 7% during the forecast period. Increasing demand from and usage in the construction sector is one of the major factors driving the market studied.

Specialty silicones are harmful to the human skin, this is likely to hinder the growth of the market studied.
Shifting focus on usage in aerospace and defense applications is expected to act as an opportunity in the future.

Specialty Silicone Market Trends

This section covers the major market trends shaping the Speciality Silicones Market according to our research experts:

Increasing Demand from the Healthcare Industry

Specialty silicones are widely adopted in healthcare. Some of the medical equipment that is made from silicone include feeding tubes, drains, catheters, condoms, respiratory masks, non-stick containers, menstrual cups, syringe pistons, breast implants, pectoral implants, testicular implants, seals and gaskets in healthcare equipment, scar treatment silicone sheets, gels, and dental materials.
Specialty silicones are extensively tested for bio-compatibility. Silicone fluids and silicone elastomers are widely used product groups in healthcare.
Some of the administrative authorities that regulate the usage of silicones in healthcare are Center for Devices and Radiological Health (CDRH), Center for Food Safety and Nutrition (CFSAN) and Center for Drug Evaluation and Research (CDER).
CFSAN and CDER are majorly involved in dental regulation as the dental materials come into contact with food.
Specialty silicones used in healthcare are classified into non-implantable, short term implantable and long term implantable.
Therefore, such demand in the healthcare industry is expected to increase the demand for the specialty silicone in the estimated period.

Understand The Key Trends Shaping This Market

Download PDF

India is Expected to Expand with Lucrative Rate in Asia-Pacific

India has a growing economy with continuous growth during the forecast period and has huge potential market opportunities.
Despite an unfavorable global economic issue, the robust urban consumption and the increase in public investment have guided growth in the Indian economy.
The industrial production and manufacturing sector has seen increased growth, which has driven forward the market for specialty silicones. After China, India is the third-largest end-user for the specialty silicones market in APAC.
The specialty silicones market in India has great potential in the near future and the usage in different applications like automotive, health care, beauty & personal care, textiles, construction and so on, has increased; this is expected to drive the market for specialty silicones.
Since in India there is tremendous growth in Income levels as well as household consumption, these industries are expected to have continued growth in the coming years.

Get Analysis on Important Geographic Markets

Download PDF

Specialty Silicone Industry Overview

The specialty silicones market is consolidated, with the top five players accounting for around 80% of the market. The major companies include Dow, Momentive, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd, and Elkem ASA , among others.

Specialty Silicone Market Leaders

Dow
Momentive
Wacker Chemie AG
Shin-Etsu Chemical Co. Ltd
Elkem ASA

*Disclaimer: Major Players sorted in no particular order

Dow, Momentive, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd, Elkem ASA.

Need More Details on Market Players and Competitors?

Download PDF

Specialty Silicone Market Report - Table of Contents

1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Drivers
  1. 4.1.1 Rising Demand for High-performance Skin Whitening Products
  2. 4.1.2 Increasing Demand from the Construction Sector
2. 4.2 Restraints
  1. 4.2.1 Harmful for the Human Skin
3. 4.3 Industry Value-Chain Analysis
4. 4.4 Porter's Five Forces Analysis
  1. 4.4.1 Bargaining Power of Suppliers
  2. 4.4.2 Bargaining Power of Consumers
  3. 4.4.3 Threat of New Entrants
  4. 4.4.4 Threat of Substitute Products and Services
  5. 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
1. 5.1 By Product Type
  1. 5.1.1 Antifoam/Defoaming Agents
  2. 5.1.2 Silicone Elastomers
  3. 5.1.3 Silicone Greases
  4. 5.1.4 Silicone Surfactants
  5. 5.1.5 Silicone Polish/Shining Agent
  6. 5.1.6 Silicone Textile Softeners
  7. 5.1.7 Silicone Water Repellants
  8. 5.1.8 Thin Silicone Membranes
  9. 5.1.9 Custom Silicone Compounds
2. 5.2 By End-User Industry
  1. 5.2.1 Textiles
  2. 5.2.2 Healthcare
  3. 5.2.3 Electronics
  4. 5.2.4 Agriculture
  5. 5.2.5 Construction
  6. 5.2.6 Beauty and Personal Care
  7. 5.2.7 Chemical Manufacturing (Resins and Coatings)
  8. 5.2.8 Automotive
  9. 5.2.9 Food Processing Industries
  10. 5.2.10 Energy
  11. 5.2.11 Other End-user Industries
3. 5.3 Geography
  1. 5.3.1 Asia-Pacific
    1. 5.3.1.1 China
    2. 5.3.1.2 India
    3. 5.3.1.3 Japan
    4. 5.3.1.4 South Korea
    5. 5.3.1.5 Rest of Asia-Pacific
  2. 5.3.2 North America
    1. 5.3.2.1 United States
    2. 5.3.2.2 Canada
    3. 5.3.2.3 Mexico
  3. 5.3.3 Europe
    1. 5.3.3.1 Germany
    2. 5.3.3.2 United Kingdom
    3. 5.3.3.3 Italy
    4. 5.3.3.4 France
    5. 5.3.3.5 Rest of Europe
  4. 5.3.4 South America
    1. 5.3.4.1 Brazil
    2. 5.3.4.2 Argentina
    3. 5.3.4.3 Rest of South America
  5. 5.3.5 Middle East & Africa
    1. 5.3.5.1 Saudi Arabia
    2. 5.3.5.2 South Africa
    3. 5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
2. 6.2 Market Share Analysis**
3. 6.3 Strategies Adopted by Leading Players
4. 6.4 Company Profiles
  1. 6.4.1 AB Specialty Silicones
  2. 6.4.2 Bellofram Group of Companies
  3. 6.4.3 Chemsil Silicones Inc.
  4. 6.4.4 CHT Germany GmbH
  5. 6.4.5 Dow
  6. 6.4.6 Elkay Chemicals Pvt Ltd
  7. 6.4.7 Elkem ASA
  8. 6.4.8 Evonik Industries AG
  9. 6.4.9 Innospec
  10. 6.4.10 K. K. Chempro India Private Limited
  11. 6.4.11 KCC Corporation
  12. 6.4.12 MESGO SpA
  13. 6.4.13 Milliken & Company
  14. 6.4.14 Momentive
  15. 6.4.15 NUSIL
  16. 6.4.16 Reiss Manufacturing Inc.
  17. 6.4.17 Shin-Etsu Chemical Co. Ltd
  18. 6.4.18 Siltech Corporation
  19. 6.4.19 Specialty Silicone Products Inc.
  20. 6.4.20 Supreme Silicones
  21. 6.4.21 The Lubrizol Corporation
  22. 6.4.22 Wacker Chemie AG
5. *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
1. 7.1 Shifting Focus Toward Usage in Aerospace and Defense Applications

**Subject to Availability

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections

Get Price Break-up Now

Specialty Silicone Industry Segmentation

The specialty silicones market report includes:

By Product Type
		Antifoam/Defoaming Agents
		Silicone Elastomers
		Silicone Greases
		Silicone Surfactants
		Silicone Polish/Shining Agent
		Silicone Textile Softeners
		Silicone Water Repellants
		Thin Silicone Membranes
		Custom Silicone Compounds

By End-User Industry
		Textiles
		Healthcare
		Electronics
		Agriculture
		Construction
		Beauty and Personal Care
		Chemical Manufacturing (Resins and Coatings)
		Automotive
		Food Processing Industries
		Energy
		Other End-user Industries

Geography

Asia-Pacific
	China
	India
	Japan
	South Korea
	Rest of Asia-Pacific

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	Italy
	France
	Rest of Europe

South America
	Brazil
	Argentina
	Rest of South America

Middle East & Africa
	Saudi Arabia
	South Africa
	Rest of Middle East & Africa

Need A Different Region Or Segment?

Customize Now

Specialty Silicone Market Research FAQs

What is the current Specialty Silicones Market size?

The Specialty Silicones Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)

Who are the key players in Specialty Silicones Market?

Dow, Momentive, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd and Elkem ASA are the major companies operating in the Specialty Silicones Market.

Which is the fastest growing region in Specialty Silicones Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Specialty Silicones Market?

In 2024, the Asia Pacific accounts for the largest market share in Specialty Silicones Market.

What years does this Specialty Silicones Market cover?

The report covers the Specialty Silicones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Specialty Silicones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Specialty Silicone Industry Report

Statistics for the 2024 Specialty Silicone market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Specialty Silicone analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Study Period:
CAGR:
Countries/ Region Covered:
Major Players:

Specialty Silicone Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)