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Silicone Fluids Market Share

  • Report ID: GMI8227
  • Published Date: Feb 2024
  • Report Format: PDF

Silicone Fluids Market Share

The competitive landscape of the silicone fluids market is characterized by the presence of key industry players, each contributing unique strengths to the market dynamics. Established players such as Dow, BASF SE, and Evonik Industries AG are instrumental in shaping market trends, leveraging their extensive experience, research capabilities, and global presence. Dow, a major player, is known for its diversified product portfolio and emphasis on innovation, while BASF SE's commitment to sustainability and continuous research contributes to its competitive edge. Momentive Performance Materials and Momentive Silicones, both part of the same company, play a significant role with their extensive range of silicone-based solutions, catering to diverse end-use applications.

Moreover, emerging companies like Jiangsu Xinyi New Material Technology Co., Ltd., KCC Corporation, and Allnex Belgium NV bring a fresh perspective to the competitive landscape. These companies exhibit a focus on regional market expansion, product diversification, and strategic collaborations to strengthen their market position. The global silicone fluids industry benefits from the combined efforts of these industry leaders, fostering innovation, technological advancements, and a competitive environment that propels the market forward. The collaborative dynamics among these players contribute to the overall growth and evolution of the market, ensuring a balance between established giants and emerging contenders in this dynamic and versatile industry.


Silicone Fluids Market Companies

Major players operating in the silicone fluids industry include:

  • Allnex Belgium NV
  • Bluestar Silicones
  • Dow
  • Elkem Silicones
  • Evonik Industries AG
  • Gelest Inc.
  • Jiangsu Xinyi New Material Technology Co., Ltd.
  • KCC Corporation
  • Lubrizol Corporation
  • Momentive Performance Materials
  • Momentive Silicones
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for silicone fluids was valued at around USD 5.5 billion in 2023 and is anticipated to register over 4% CAGR between 2024 and 2032 driven by their versatile applications across various industries.

Straight silicone fluids segment accounted for USD 3.67 billion in 2023 and will grow significantly through 2032 as the straightforward molecular composition, making them easily customizable for a wide range of applications.

Asia Pacific Silicone Fluids Industry generated a revenue of USD 2 billion in 2023 and will grow through 2032 owing to the region's dynamic economic expansion, rapid urbanization, and burgeoning population.

Allnex Belgium NV, BASF SE, Bluestar Silicones, Dow, Elkem Silicones, Evonik Industries AG, Gelest Inc., Jiangsu Xinyi New Material Technology Co., Ltd., KCC Corporation, Lubrizol Corporation, Momentive Performance Materials, and Momentive Silicones.

Silicone Fluids Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 210
  • Countries covered: 22
  • Pages: 300
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