Polydimethylsiloxane Market Expected to Secure US$ 2,644.7 Million by 2032

The global polydimethylsiloxane market is anticipated to create lucrative growth opportunities over the assessment period from 2022 to 2032. The global market held a valuation of US$ 1,533.7 Million in 2022 and is expected to secure US$ 2,644.7 Million in 2032. The growth of the market is attributed to modern medical advances demanding sophisticated polydimethylsiloxane systems. Furthermore, the demand for cosmetic and personal care products is also driving growth in the polydimethylsiloxane market. To meet the exploding demand for self-healing composites from end-use industries, polydimethylsiloxane producers have expanded production facilities and further develop new products in the market.

Polydimethylsiloxane (PDMS) is a silicon-based organic polymer that is inert, non-flammable, and non-toxic. The compound is generally known as dimethicone. Polydimethylsiloxane is an optically clear and viscous substance. In addition to its water repellence, anti-foaming, low vapor pressure, low surface tension, oxidation resistance, heat, heat stability, resistance, good dielectric properties, and others make PDMS an excellent material for a variety of industrial uses. Polydimethylsiloxane comprises a diverse set of properties that make it useful in a variety of applications, including surfactants, cosmetics, medicines, anti-foaming agents, hydraulic fluids, coatings, and household products.

Propel Your Success: Secure Your Sample of Our Insightful Report Now:
https://www.futuremarketinsights.com/reports/sample/rep-gb-1268

Attributing its versatility, the material has rapidly gained popularity in constructing devices that can be used to study the behavior of neural stem cells. In addition to having a low-cost and simple fabrication process, PDMS microchannels are among the most widely prototyped polymeric devices. These devices are much more affordable than the ones made of silicon and glass. Owing to its numerous advantages across several other fabrication materials, polydimethylsiloxane (PDMS) silicone elastomers have received much attention for the development of substrate platforms in mechanobiology and microfluidic applications.

Key Takeaways

  • Numerous sectors including cosmetics and medicine among others rely on the chemical and physical properties of PDMS. According to various forecasts, the cosmetic industry generated US$ 265 Billion by 2017 and contributed significantly to polydimethylsiloxane demand. As developing economies grow, there will be an increase in the demand for PDMS in lubricators, hydraulic fluids, and coatings in the market.
  • Polydimethylsiloxane is a liquid chemical used majorly in the production of adhesives, sealants, and coatings. Additionally, it has the unique advantage of being economically and environmentally friendly, which makes it an ideal material that can be produced using polymer-based siloxane.
  • Surging developments and investments in infrastructure have driven the global construction industry’s growth, particularly in the commercial sector. This is likely to propel the growth of the polydimethylsiloxane market since industry-specific adhesives and sealants are in high demand.
  • Polydimethylsiloxane is well known for its versatility and has proven to be an extremely diverse material. It is used in a variety of biomedical and medical applications including pediatrics, orthopedics, sensors, implants, catheters, punctual plugs, valves, electromechanical devices, and surgical instruments.
  • Polydimethylsiloxane is permeable to gaseous elements and compounds comprising of nitrogen, oxygen, hydrogen, and carbon dioxide, while providing a barrier to liquids, such as water, blood, and urine. Consequently, polydimethylsiloxane market revenues are expected to grow significantly during the current year.
  • Similar to an elastomer comprising a plethora of properties, PDMS has many distinct characteristics that make it attractive for a wider range of applications, including its low cost, permeability to gases, transparency, low autofluorescence, and high moldability.

Competitive Landscape

Key players in the global Polydimethylsiloxane market are using the material in various end-use applications. Due to the increasing popularity of the product, many start-ups are not only engaged in producing low molecular weight polydimethylsiloxane but they are also involved in all aspects of distribution and production. A majority of lower molecular weight polydimethylsiloxanes are used in pharmaceutical and personal care products due to the widespread application of polydimethylsiloxanes for chronic disease treatment.

More Insights into the Polydimethylsiloxane Market

The North American market is anticipated to dominate the global polydimethylsiloxane market. The region held around 26.5% of the global market share in 2022. Market dominance is likely to be facilitated by the presence of key players in the region and the growing demand for healthy food products.

The European region is expected to generate significant revenue in the global polydimethylsiloxane market and is expected to do so for many years to come. A market share of 22.7% was taken into account in 2022.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights:
https://www.futuremarketinsights.com/checkout/1268

Key Companies Profiled

  • 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.

Key Segments Profiled in the Global Polydimethylsiloxane Market

By Type:

  • Lower Molecular Weight Polydimethylsiloxane
  • Higher Molecular Weight Polydimethylsiloxane
  • Ultra High Molecular Weight Polydimethylsiloxane

By Application:

  • Polydimethylsiloxane for Lubricants and Greases
  • Polydimethylsiloxane for Surfactants and Antifoaming Agents
  • Polydimethylsiloxane for the Pharmaceutical and Cosmetic Industry
  • Polydimethylsiloxane for Food & Beverage Industry
  • Polydimethylsiloxane for Other Applications

 By Region:

  • North America Polydimethylsiloxane Market
  • Latin America Polydimethylsiloxane Market
  • Europe Polydimethylsiloxane Market
  • Asia Pacific Polydimethylsiloxane Market
  • Middle East & Africa Polydimethylsiloxane Market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogsYouTube

Leave a comment

Your email address will not be published. Required fields are marked *