Between 2022 and 2032, the global polydimethylsiloxane market is anticipated to develop significantly, rising from an estimated US$ 1,533.7 million in 2022 to US$ 2,644.7 million in 2032. The expanding demand for advanced polydimethylsiloxane systems in contemporary medical applications and the rising appeal of aesthetic and personal care goods are the main drivers of this rise. Manufacturers of polydimethylsiloxane are expanding manufacturing capabilities and developing new product lines to suit market demands in order to meet the soaring demand for self-healing composites across numerous industries.
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.
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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.
Key players in the global Polydimethylsiloxane market include 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., Microsurfaces, Xona Microfluidics, and SphereVis.
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Key Segments Profiled in the Global Polydimethylsiloxane Market
Polydimethylsiloxane Market by Type:
- Lower Molecular Weight
- Higher Molecular Weight
- Ultra High Molecular Weight
Polydimethylsiloxane Market by Application:
- Lubricants and Greases
- Surfactants and Antifoaming Agents
- Pharmaceutical and Cosmetic Industry
- Food & Beverage Industry
- Other Applications
Polydimethylsiloxane Market by Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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