Polydimethylsiloxane Market: Growing Consumption of Adhesives, Sealants and Coatings in the Construction and Automotive Sectors

Posted on 2019-07-10 by Mark Hub in Chemicals // 0 Comments

Rockville, USA, 2019-Jul-10 — /EPR Network/ —

A new report on the polydimethylsiloxane market published by Fact.MR envisages growth trajectory of the market during the forecast period 2018 – 2028. A thorough analysis of the market trends, drivers, challenges and opportunities has derived the most credible outlook of the polydimethylsiloxane market. In-depth assessment of global as well as regional trends of the polydimethylsiloxane market have been taken into consideration while analyzing market opportunities. With respect to revenue anticipation in terms of absolute dollar opportunity, the report delivers a holistic overview of the polydimethylsiloxane market. The market attractive index included in the report provides important insights for manufacturers to assess prodigious opportunities in terms of business expansion possibilities like merger and acquisition. The highlighted value of CAGR enables users to fathom future progress of the polydimethylsiloxane market.

Considering the polydimethylsiloxane types, the elastomers segment is estimated to report highest market revenue by contributing to over half of the total volume sales by 2028 among all segment types against the backdrop of growing demand expected to come from the automotive industry, electronic products, medical consumables and other consumer products. PDMS fluids are expected to follow the trail with almost 30% of the volume sales by 2028 end on account of growing demand for lubricants and emulsions in the industrial process and personal care industry.

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While Western Europe is expected to report a considerable share of global production and consumption of polydimethylsiloxane during the forecast, PDMS market in Europe and North America are observed to be mature markets and witness a staggering growth rate during the forecast.

A thorough analysis of the market trends, drivers, challenges and opportunities has derived the most credible outlook of the polydimethylsiloxane market. In-depth assessment of global as well as regional trends of the polydimethylsiloxane market have been taken into consideration while analyzing market opportunities. With respect to revenue anticipation in terms of absolute dollar opportunity, the report delivers a holistic overview of the polydimethylsiloxane market.

In addition, product launch is another trending feature in the PDMS market where leading manufacturers are involved in the introduction of new products to win over market competition in the global space. For instance, in 2017, DowDuPont material science division and Momentive Performance Materials launched silicone-based products for home & personal care and cosmetics & skin-care applications, respectively. In 2018, Elkem Silicones and Wacker Chemie AG also introduced new brands for agriculture and cosmetics industry, respectively.

Cosmetics and Personal Care Industry to Report Substantial Demand for Polydimethylsiloxane

The cosmetics and personal care industry is the major consumer of surfactants, anti-foaming agents and other chemicals with properties similar to polydimethylsiloxane. Use of polydimethylsiloxane can be observed in a variety of cosmetics and personal care products such as hair care, skin care and beauty products. In particular, as a thickening or conditioning agent, a silicone-based organic polymer like polydimethylsiloxane is one of the most commonly used ingredients in shampoos. Beauty and skin care products – skin cleanser, perfume, lipstick, toothpaste, creams and lotions contain polydimethylsiloxane. Demand for cosmetics and personal care products is on the rise and is likely to propel the polydimethylsiloxane market in parallel.

On account of such distinct growth trajectories across regions, manufacturers operating in the polydimethylsiloxane (PDMS) market are channelizing efforts towards strengthening their production capacities and focusing on specific regions to leverage growth opportunities in the untapped avenues of the PDMS market. For instance, industry titans in the polydimethylsiloxane market including Shin-Etsu Chemical Co., Ltd, Elkem ASA and Momentive Performance Materials Inc are adopting business strategies while focusing on the high growth potential markets, such as Asia, Latin America and the Middle East and have established their sales divisions and production facilities in Asia and Latin America.

Additional Questions Answered

The report also delivers additional cutting-edge insights apart from the aforementioned information that hold significant influence on the polydimethylsiloxane market. Few of these insights are listed below

Which is the rapidly growing region in the polydimethylsiloxane market?
How will the markets for other alternatives impact the demand for polydimethylsiloxane during forecast?
What will be the effects of environmental regulations on the polydimethylsiloxane market progress?
What will be the future business strategies of manufacturers to win over competition amid the challenges of trade tariffs on polydimethylsiloxane raw materials?
What are the other niche lucrative industry applications in the polydimethylsiloxane market?

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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