|Market Size in 2022||Market Forecast in 2030||CAGR (in %)||Base Year|
|USD 10.7 Billion||USD 15.8 Billion||7.1%||2022|
Silicone Emulsion Market
The global silicone emulsion market size was evaluated at $10.7 billion in 2022 and is slated to hit $15.8 billion by the end of 2030 with a CAGR of nearly 7.1% between 2023 and 2030.
Silicon emulsions are a kind of silicone oils that are dispersed in an aqueous system. Furthermore, these products find a slew of applications for surface treatments as they can be easily applied and easily prepared. Furthermore, they are insoluble & evenly dispersed in water with the help of emulsifying surfactants. Moreover, they can be cationic, anionic, and non-ionic based on the kind of emulsifier system used. Reportedly, the physical features of the product can be changed through the use of various polymers to modify their viscosity. Moreover, silicon emulsions are eco-friendly in comparison to solvent-based systems.
Massive utilization of products in various end-use sectors to proliferate the global market size by 2030
The large-scale use of silicone emulsions in rubber & plastics as lubricants and release agents will steer the expansion of the global silicone emulsion market. Furthermore, it finds high penetration in car polishes and household cleaners for enhancing resistance, improving protection, and improving the gloss of the product, thereby steering the global market trends. With silicone emulsion allowing emulsification of high-viscosity methyl for blocking dimethyl silicone, the market for silicone emulsions is set to expand geometrically in the years to come. Rising demand for products in end-use sectors such as industrial processes, construction, consumer goods, and personal care will proliferate the size of the market across the globe. In addition to this, the rise in product penetration in electric vehicles, electronics, and renewable energy sectors will prompt the expansion of the market globally in the coming years. A surge in the demand for lightweight automotive components and a rise in the research activities for developing products with beneficial features will embellish the global market expansion. New product launches are projected to contribute notably towards the expansion of the global market. For instance, Shin-Etsu Chemical Company Limited, the largest chemical firm based in Japan, developed an improved type of silicone emulsion.
Limited use of the product due to its low recyclability can degrade the global industry expansion over the forecasting period
Restricted biodegradability of products can impede the global silicone emulsion industry over the forecasting years. Furthermore, a low supply of products owing to supply chain disruptions can further decimate the expansion of the industry globally.
A surge in product penetration in the aerospace & marine sectors will generate new growth avenues for the global market
The use of products in the marine and aerospace sectors is likely to expand the scope of growth opportunities for the global silicone emulsion market in the coming years. Apart from this, exceptional product features such as high thermal stability along with its application in the construction, automotive, and electronics sectors will chart a profitable roadmap for the market across the globe.
Stringent government legislation related to product use can challenge the global industry expansion in the next few years
Strict regulations enforced by the government pertaining to the use of products in a slew of end-use sectors can pose a huge challenge to the growth of the global silicone emulsion industry in the years ahead.
The global silicone emulsion market is sectored into type, application, and region.
In type terms, the global silicone emulsion market is segregated into rubber, oil, and others segments. Furthermore, the rubber segment, which amassed nearly two-fifths of the global market revenue in 2022, is predicted to record the fastest CAGR in the years ahead. The growth of the segment during the anticipated timeline can be due to a rise in the use of silicone emulsion rubber in various end-use sectors.
Based on the application, the global silicone emulsion industry is sectored into the manufacturing industry, chemical industry, and medical & personal care industry segments. Moreover, the manufacturing industry segment, which garnered a major chunk of the global industry share in 2022, is anticipated to lead the global industry over the assessment period. The segmental expansion over the predicted timespan can be subject to a prominent use of the product in the manufacturing sector.
|Report Attributes||Report Details|
|Report Name||Silicone Emulsion Market|
|Market Size in 2022||USD 10.7 Billion|
|Market Forecast in 2030||USD 15.8 Billion|
|Growth Rate||CAGR of 7.1%|
|Number of Pages||209|
|Key Companies Covered||Ivanhoe Industries Inc., Elkem Silicones, CHT USA, Applied Chemistries Inc., Michelman, BRB International BV, Applied Material Solutions, Silchem, WACKER, Momentive, SIXIN North America Inc., The DOW Company, Avantor Performance Materials, and others.|
|Segments Covered||By Type, By Application, and By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2017 to 2021|
|Forecast Year||2023 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
Asia-Pacific is predicted to maintain its dominant position in the global silicone emulsion market over the analysis timeframe
Asia-Pacific, which contributed about 55% of the global silicone emulsion market revenue in 2022, will be a dominating region over the anticipated timeline. Additionally, the regional market expansion over the forecasting years can be subject to a rise in the production of emulsion and consumption. Growing awareness about the exceptional versatility of the product in the region will steer the regional market surge in the upcoming years. Moreover, the large-scale use of the product in marine, aerospace, pharmaceutical, healthcare, automotive, cosmetics, and textiles will steer the regional market trends.
North American silicone emulsion industry is set to register the fastest CAGR in the ensuing years owing to the rise in the use of products in automotive and construction sectors in countries such as Canada and the U.S. In addition to this, a rising customer base will propel the scope of the growth of the industry in the region.
The global silicone emulsion market profiles key players such as:
Silicon emulsions are a kind of silicone oils that are dispersed in an aqueous system. Furthermore, these products find a slew of applications for surface treatments as they can be easily applied and easily prepared.
The global silicone emulsion market growth can be owing to high product penetration in car polishes and household cleaners for enhancing resistance, improving protection, and improving the gloss of the product.
According to a study, the global silicone emulsion industry size was $10.7 billion in 2022 and is projected to reach $15.8 billion by the end of 2030.
The global silicone emulsion market is anticipated to record a CAGR of nearly 7.1% from 2023 to 2030.
The North American silicone emulsion industry is set to register the fastest CAGR over the forecasting timeline owing to the rise in the use of products in automotive and construction sectors in countries such as Canada and the U.S. In addition to this, a rising customer base will propel the scope of the growth of the industry in the region.
The global silicone emulsion market is led by players such as Ivanhoe Industries, Inc., Elkem Silicones, CHT USA, Applied Chemistries, Inc., Michelman, BRB International BV, Applied Material Solutions, Silchem, WACKER, Momentive, SIXIN North America Inc., The DOW Company, and Avantor Performance Materials.
The silicone emulsion market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.