Dublin, Oct. 23, 2025 (GLOBE NEWSWIRE) -- The "Silicone Market by Type (Elastomer, Fluid, Resin, Gel, & Other), End-use Industry (Industrial Process, Building & Construction, Transportation, Personal Care & Consumer, Electronic, Medical & Healthcare, Energy), and Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.
The global silicone market was valued at USD 24.5 billion in 2024 and is expected to reach USD 33.24 billion by 2030, representing a CAGR of 5.2% during the forecast period. The versatility of silicones, owing to their flexibility and strength, has led to increased demand across various industries. The construction sector utilizes silicones in sealants and adhesives essential for urbanization and infrastructure resilience. In the automotive industry, the lightweight characteristics of silicones make them ideal for components in electric vehicles.
In cosmetics and personal care, silicones enhance product texture and sensory appeal, while in electronics and healthcare, they are used in thermal management and insulation. The push towards sustainability amplifies the appeal of silicones due to their durability and resistance to degradation. The rapid pace of industrialization and technological advancements are significant growth drivers for the silicone market.
Fluid Segment Dynamics
The fluid segment of the silicone market is anticipated to hold a significant market share. Silicone fluids like polydimethylsiloxane (PDMS) oils are highly regarded for their low surface tension, lubricity, and thermal stability. They are heavily utilized in personal care products such as skin creams and hair care for their spreadability and sensory appeal. In industrial settings, silicone fluids function as lubricants, release agents, and anti-foaming agents, essential for machinery efficiency.
In electronics, silicone fluids serve as coolants and insulators for high-performance electronics. The medical field demands medical-grade silicones in tubing, coatings, and drug delivery systems. These fluids' stability and long lifespan are crucial, making them a key driver in the silicone market during the forecast period due to their versatility and functional efficiency.
Industrial Process Segment
Silicones' application across diverse industrial processes is set to secure a significant market share due to their thermal stability, chemical resistance, and lubrication properties. In automotive and aerospace, silicones are integral in sealants and coatings to extend machinery life and optimize efficiency.
The electronics sector employs silicones as insulators and protective coatings, ensuring dependability in heat-intensive environments. In the building industry, silicones enhance the durability of infrastructure through sealants and adhesives. With a focus on sustainability and operational efficiency, silicone integration into industrial applications is expected to foster market growth during the forecast period.
Asia-Pacific Market Leadership
The Asia Pacific region is set to capture the largest silicone market share due to rapid industrialization, urbanization, and consumer demand. China, Japan, South Korea, and India are leading contributors to market expansion in automotive, electronics, personal care, and construction sectors. The automotive sector has an increasing focus on electric vehicles, driving silicone sealant and fluid usage.
In electronics, silicones serve crucial roles in managing thermal demands and protecting equipment. The beauty and personal care sectors are witnesses to increased use of silicone-based products due to rising disposable incomes. Government-backed infrastructure projects further bolster demand for silicones in construction. The availability of raw materials and cost-competitive production facilities enhance the region's dominance, making it the fastest-growing silicone market.
Research Coverage
The study analyzes the silicone market based on type, end-use industry, and region, projecting market size and growth potential. It provides a thorough competitive analysis of key players, including insights into their offerings and strategic developments.
Leading companies in the silicone market include Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Elkem ASA, DOW, Momentive Performance Materials, Inc., Gelest Inc., Evonik Industries AG, Innospec Inc., Specialty Silicone Products, Inc., and Hesheng Silicon Industry Co., Ltd.
Benefits of the Report
The report aids market leaders and new entrants in estimating revenue figures for the silicone market and its segments. Stakeholders gain insights into market dynamics, competitive landscapes, and effective strategies. The report highlights key drivers, challenges, and opportunities to provide a comprehensive market overview.
Market Dynamics:
- Drivers:
- Rapid Adoption in E-Mobility and High-Voltage Components
- Sustainability Push in Construction and Green Building Materials
- Miniaturization of Consumer Electronics and Wearables
- Growing Market for High-Performance Lubricants
- Challenges:
- Meeting Stricter VOC and Emission Standards
- Supply Chain Localization Pressure
- Opportunities:
- Development of Silicone-Based Thermal Management Materials for EV Fast-Charging
- Additive Manufacturing of Silicone Components
- Medical-Grade Silicones for Next-Generation Implantable and Wearable Health Devices
Case Studies:
- Dow - First Carbon-Neutral Silicone Facade Project
- Elkem - Medical-Grade Silicone Under Tightening Regulations
- Wacker - 20-Year Exposure of Silicone Resin Emulsion Paint (SilRes)
Companies Profiled:
- Wacker Chemie AG
- Shin-Etsu Chemical Co. Ltd.
- Elkem ASA
- Dow
- Momentive Performance Materials, Inc.
- Evonik Industries AG
- Gelest Inc.
- Innospec Inc.
- Specialty Silicone Products, Inc.
- Hoshine Silicon Industry Co. Ltd.
- Zhejiang Xin'an Chemical Industry Group Co. Ltd.
- Reiss Manufacturing, Inc.
- Siltech Corporation
- Kaneka Corporation
- CHT Group
- Genesee Polymers Corporation
- Silicone Solutions, Inc.
- Silicone Engineering Ltd.
- Zhejiang Sucon Silicone Co. Ltd.
- Silteq Ltd
- Konark Silicone Technologies
- Supreme Silicones India Pvt. Ltd.
- Shenzhen Square Silicone Co. Ltd.
- Guangzhou OTT New Materials Co. Ltd.
- CSL Silicones Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mrhitj
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