PUBLISHER: Grand View Research | PRODUCT CODE: 1530603
PUBLISHER: Grand View Research | PRODUCT CODE: 1530603
Silicone Oil Market Size & Trends
The global silicone oil market size was estimated at USD 4.61 billion in 2023 and expected to grow at a CAGR of 4.9% from 2024 to 2030. Increasing demand from the personal care sector in emerging economies and rapid growth in applications in the automotive, healthcare and construction industries are expected to drive market growth during the forecast period.
One of the prominent trend in the market is the emerging popularity and increasing adoption of persona; care products. The increasing urbanization is creating demand for personal care products such as shampoos, creams and cosmetics as silicone oil helps improve the quality of these products due to its superior characteristics. These factors are expected to drive the market growth.
Global Silicone Oil Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global silicone oil market report on the basis of application, end use, and region:
U.S.
Canada
Mexico
Germany
UK
Italy
Spain
France
The Netherlands
Denmark
China
India
Japan
South Korea
Indonesia
Thailand
Brazil
Argentina
Saudi Arabia
South Africa
UAE