The global silicone surfactants market is forecasted to reach USD 3,161.5 Million by 2028, according to a new report by Reports and Data. This type of surfactants, like dimethicone copolyol, contain hydrophilic and hydrophobic portions that help it in minimizing the surface tension of water. Reducing surface tension is a crucial, primary step in the formation of foam, wetting, and emulsification. The market is projected to witness considerable expansion during the forecast period. The market growth is resultant of a combination of different factors. One of the mentionable factors in this regards is its traits like bacteria resistance, hypo-allergic to the skin, and biocompatibility. The presence of these traits in this surfactant results in its extensive application in personal care products. In addition to that, its features like low thermal conductivity, and low weight have resulted in its increasing use for insulating industrial and agricultural buildings. It is also applicable in commercial buildings for maintaining uniform temperature and minimizing noise levels.
The global Silicone Surfactants market report is an exhaustive analysis of the chemicals and materials industry and offers key insights into the market dynamics, drivers, restraints, current and emerging trends, and growth opportunities in the Silicone Surfactants market. The report provides an accurate estimation of the market size in terms of value and volume. The market size and share has been estimated and validated by implementing both top-down and bottom-up approaches. The research report provides a comprehensive assessment of the top companies operating in the market to offer a clear understanding of the competitive landscape of the Silicone Surfactants market on a global and regional scale.
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In regards to region, Europe occupies a considerable market position. The growth of the market in Europe is resultant of the well-established cosmetics industry, increasing awareness and demand for skin-friendly personal care products.
Key participants include:
DOW Corning, Evonik, Wacker Chemie, Momentive Performance Materials, Shin-Etsu Chemical, Innospec, ELE, Siltech, Supreme Silicones, and Elkem.
Further key findings from the report suggest
- The silicone surfactants market held a market share of USD 160.2 Million in the year 2018. It is projected to witness a growth rate of 5.2% during the forecast period.
- In context to Product Type, the Water-soluble segment generated a higher revenue of USD 108.9 Million in 2018 with a faster CAGR of 5.5% during the forecast period. Factors like increasing demand for water-based skincare products, which is resultant of its traits like quick absorption, minimal pore-clogging, and lightweight formula contributes to the revenue generated by this segment.
- In regards to Application, the Emulsifiers segment occupied the largest market share of 29.0% in 2018, with the fastest CAGR of 6.0% during the forecast period. The market share held by the Emulsifiers segment is attributed to elevating demand for emulsifiers from different end-user industries like the construction sector, the cosmetics industry. The traits of silicone, like effective minimization of the surface tension, has resulted in its increased application as emulsifiers, which contributes to the growth rate of this segment.
Rapid adoption of digital technologies to improve efficiency and production, prioritization of environment sustainability, enhancement of global supply chain, and rising import/export of chemicals and materials have significantly contributed to the revenue growth of the market. Increasing demand for personal care and consumer products such as soaps and other materials, growing focus on the production of petrochemicals, increasing capital expenditures, and rising emphasis on decarbonization have further fueled the revenue growth of the materials and chemicals industry.
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For the purpose of this report, Reports and Data have segmented the silicone surfactants market according to Product Type, Application and, End-user, and Region:
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)
Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)
- Foaming Agents
- Wetting Agents
- Defoaming Agents
End-user Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)
- Personal Care
- Paints & Coatings
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)
- North America
- Asia Pacific
- Latin America
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