The Global Silicone Emulsion Market Size was over USD 9.5 billion globally in 2021 and is estimated to grow over 7.5% CAGR between 2021 and 2030. Silicon emulsions are insoluble silicones evenly dispersed in water with the aid of a surfactants. Out of concern for the environment, demand is growing for emulsion products that can be diluted with water without use of a solvent. These products used in many industrial applications requiring lubrication, gloss, water repellent and release properties. Silicon has developed a line of silicon emulsions designed to be eco-friendly, safe, and easy to use, in order to meet the needs of industry in the modern age. This silicone emulsions allows emulsification of extremely high viscosity methyl end blocked dimethyl silicone. Silicone emulsions are used in a wide range of industrial and consumer products. Silicone Emulsions are manufactured for use in diverse industrial applications such as vial coating, rubber moulding, plastics moulding, foundry parting, antistatic agents, textiles softening, hydrophilic softener emulsions etc. A wide variety of surfactants has been used to emulsify and stabilize water/silicone emulsions.
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The growing demand for silicone in various end-user industries including construction, personal care, industrial process, and consumer goods is expected to drive market growth. Properties like chemical stability, versatility, and high resistance to temperature are expected to drive the demand for silicone in the aforementioned end-user industries. Additionally, expanding use of silicone-based products in the evolving market such as electronics, renewable energy, and electric vehicles is expected to boost up the demand for silicone over the forecast period. The increasing demand for lightweight automobile parts and growing research and development activities to develop new and innovative products are expected to propel overall industrial growth over the forecast period. Lightweight materials are progressively being used to reduce automobile weight, which results in decreasing the overall fuel consumption. High thermal stability associated with silicone fluids is estimated to boost industrial growth in the years to come.
Global Silicone Emulsion Market Report Coverage
|Market Size in 2021:||USD 9.5 billion|
|Forecast Period:||2021 - 2030|
|Forecast Period 2021 - 2030 CAGR:||7.5%|
|Historical Data for:||2017 - 2020|
|No. of Pages:||230|
|Tables, Charts & Figures:||117|
|Segments covered:||By Type, By Application, By Region|
|Companies Covered:||Shin-Etsu Chemical Co., Ltd. Wacker Chemie AG Evonik Industries AG Elkay Chemicals Pvt. Ltd. Supreme Silicones Dow Inc. KCC Corporation Elkem ASA Silchem Inc. Specialty Silicone Products, Inc.|
|Growth Drivers:||1) The anionic type segment is expected to dominate the market share 2) The furniture segment is expected to dominate the market share|
|Pitfalls & Challenges:||COVID-19 Empact, Challenge, Future, Growth, & Analysis|
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The anionic type segment is expected to dominate the market share in 2020 of global Silicon Emulsion market. The growing application of silicone in textiles, paper, leather packaging, labels, and airbags is expected to propel the demand for silicone over the forecast period. In the aforementioned applications, silicone is used as a solvent, adhesive, wetting agent, and anti-foaming agent. Silicones in the textiles industry are used in numerous processes during fabric manufacturing, including the production of yarns as well as on the finished product. Silicones provide lubrication, foam control, and softening to the yarn or fabric. In addition, they are used as hydrophobic coatings on the finished product. Increasing use of conductive silicone rubber in anti-slip processing for textile manufacturing, on account of its good electrical and chemical resistance properties, is expected to have a positive impact on the segment growth over the forecast period.
The furniture segment is expected to dominate the market share in 2020 of global Silicon Emulsion market. In paints and coatings, silicone is used to enhance performance by providing various components with increased durability and resistance to chemicals, corrosion, and thermal resistance, thus reducing maintenance costs or unplanned maintenance for industrial infrastructure and machinery. Furthermore, Silicones are extensively used in the building and construction industry due to their moisture resistance high strength and properties. Silicones are used for residential and commercial constructions, including glass, concrete, marble, aluminum, steel, and polymers. Rising population coupled with rapidly growing urbanization, and industrial growth have resulted in the increasing need for construction and infrastructure development across the world. For instance, in 2019, China planned to invest around USD 142.0 billion in 26 infrastructure projects. These factors are expected to substantially boost the demand for silicones in construction end-use over the predicted period.
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The large market share of the region is attributed to the presence of several large-, medium-, and small-sized market players in the region. The shifting of production facilities by market players from Europe and North America to Asia, owing to the factors such as greater availability of raw materials, cheap labor, and more market penetration opportunities in end-use industries such as transportation, construction, industrial process, personal care, and consumer products, electronics, healthcare, and energy, is expected to propel the regional production of silicone over the forecast period.
Europe was the second-largest market in 2020 and it is expected to witness a revenue-based CAGR of 3.4% from 2021 to 2028. The expanding construction sector in various countries including the U.K., Germany, Spain, France, and Russia is expected to augment the product demand over the forecast period. Increased funding from the EU coupled with the supportive measures (such as tax breaks, incentives, and subsidies) undertaken by several governments is expected to boost the growth of the construction sector in the region. Furthermore, the growing adoption of silicone in the healthcare sector for aesthetic implants and in the renewable energy sector for applications in solar panels and windmill is expected to boost the market growth over the forecast period.
However, lockdown imposed by various governments across the globe to contain the spread of COVID-19 has led to a decline in the consumption of silicone. End-use industries, such as automotive and construction, are witnessing a sharp decline, in terms of demand and production, owing to the several restrictions on movement and operations imposed by the government. However, with the ease of the lockdown, the production is expected to resume and demand for silicone is expected to grow again..
Key Companies & Recent Developments
Partnerships, strategic mergers, and acquisitions are expected to be the most successful strategies for industry participants to get speedy access to growing markets while also improving technological capabilities. For instance, in August 2020, Wacker Chemie AG extended a partnership with H.M. Royal, a distributor of specialty chemicals and ingredients, for the distribution of SILPURAN, a Liquid Silicone Rubber (LSR) and High Consistency Rubber (HCR), specifically designed for medical application.
Market Segmentation of Global Silicon Emulsion Membrane Market
- Anionic Type
- Cationic Type
- Non-ionic Type
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