The global polydimethylsiloxane market is estimated to reach $2,644.7 million by 2032, increasing at a 5.6% CAGR. In 2022, the market is expected to be worth $1,533.7 million. The demand for complex polydimethylsiloxane systems is being driven by modern medical developments. The demand for cosmetics and personal care items is also propelling the polydimethylsiloxane industry forward. Polydimethylsiloxane makers have increased manufacturing facilities to accommodate the rising demand for self-healing composites from end-use sectors, while also developing new goods in the market.
Polydimethylsiloxane (PDMS) is an inert, nonflammable and nontoxic silicon based organic polymer. Generally it is referred as dimethicone. Polydimethylsiloxane is optically clear and viscous substance. The properties such as water repellency, low surface tension, low vapor pressure, oxidation resistance, anti-foaming, heat, resistance, heat stability, good dielectric properties and others makes PDMS a very useful substance in various industrial applications.
These diverse set of properties of Polydimethylsiloxane are used in medicines, cosmetics, hydraulic fluids, surfactants, anti-foaming agents, coating, domestic products and others.
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Global Polydimethylsiloxane Market: Drivers and restraints
The chemical and physical properties of PDMS are highly utilized in various application sectors such as cosmetics and medicines. Industrial growth of developing economies is expected to raise the demand for PDMS for lubrication, hydraulic fluids, as well as for coating techniques.
On the other hand PDMS is a non-bio degradable material hence proper disposal techniques might yield to rise in cost composition.Polydimethylsiloxane is generally considered to be safe when applied on the surface or skin, but some researcher argue about the hazardous effect it might cause when taken into body. Hence it might affect the consumer mindset if not clarified or researched further
Global Polydimethylsiloxane Market: Region-wise Outlook
The main producer of polydimethylsiloxane are USA and China accounting to the major part of the total production by market. The other major producers are from Western Europe especially from Germany, U.K and France. The rapid industrialization in developing economies in Asia and Africa are forecasted to be beneficial to the global polydimethylsiloxane market. Europe is also showing positive demand because
Global Polydimethylsiloxane Market: Key players
Some of the major manufactures of PDMS are Dow Corning Corporation, Wacker Chemie AG, Bluestar Silicones, Hubei Xin Sihai Chemical Co., Momentive, Shin-Etsu Chemical Co. Alfa Aesar GmbH & Co. KG, Sigma Aldrich Corp., Jinan Haohua Industry Co. Ltd., TCI Tokyo Chemical Industry Co., Fisher Scientific International Inc.
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Global Polydimethylsiloxane Market: Segmentation
On the basis of types, global polydimethylsiloxane market is segmented into:
- Lower molecular weight polydimethylsiloxane
- Higher molecular weight polydimethylsiloxane
- Ultra High molecular weight polydimethylsiloxane
On the basis of application, global polydimethylsiloxane market is segmented into:
- Lubricants and Greases
- Surfactants and Antifoaming agents
- Pharmaceutical and Cosmetic Industry
- Food & Beverages industry
- Other ( Contact lens ,Silly putty and others)
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