PUBLISHER: KBV Research | PRODUCT CODE: 1522081
PUBLISHER: KBV Research | PRODUCT CODE: 1522081
North America Silicone Oil Market Size, Share & Trends Analysis Report By Application, By Type, By End-user, By Country and Growth Forecast, 2024 - 2031
The North America Silicone Oil Market would witness market growth of 6.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 193.2 kilo tonnes, showcasing a growth of 24.5% (2020-2023).
Silicone Oil is widely utilized in skin and hair care products for its unique properties that enhance texture and performance. In skincare, it creates a smooth, non-greasy barrier on the skin, providing hydration and a silky feel while protecting against environmental aggressors. Its lightweight nature ensures it doesn't clog pores, making it suitable for all skin types. Hence, in US, 89.5 kilo tonnes of Silicone Oil is expected to be utilized by the year 2031.
The US market dominated the North America Silicone Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,516.3 million by 2031. The Canada market is experiencing a CAGR of 8.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.7% during (2024 - 2031).
Silicon oil-based sealants and adhesives are used in the construction, automotive, aerospace, and electronics industries to seal joints, bond substrates, and encapsulate electronic components. Moreover, silicon oil serves as a release agent in manufacturing processes such as molding, casting, and extrusion to facilitate the easy removal of finished products from molds and dies. Its low surface tension and non-stick properties prevent adhesion between the product and the mold, resulting in smoother release and improved production efficiency. Rising construction activities in Canada is driving the demand for silicone oil. As per the Statistics Canada, investment in building construction rose 1.7% to $19.8 billion in November 2023. The residential sector grew 2.2% to $13.7 billion, while non-residential sector investment increased 0.4% to $6.0 billion.
Silicon oil plays a vital role in the healthcare sector, particularly in ophthalmology, where it is used as a tamponade agent in retinal detachment surgeries. Its high viscosity and refractive index make it ideal for providing long-term support to the retina post-surgery, aiding in the healing process and preventing further detachment. Additionally, due to its biocompatibility and inertness, silicon oil finds applications in medical devices such as syringe lubricants and parenteral formulations. Increasing medical device industry in India translate into higher demand for silicone oil.
With a rising demand for personal care products such as skincare, haircare, cosmetics, and toiletries in Mexico, there will be an increased consumption of silicone oil as a key ingredient in these formulations. Silicone oil is a common ingredient in many personal care products because of its soothing, softening, and conditioning qualities. As per the ITA, Mexico's cosmetics and personal care products sector is estimated at USD 7.24 million in 2022, making it an important sub-sector of consumer goods in Mexico. The market share distribution of the cosmetics and personal care market in Mexico by segment shows that in 2022, personal care products were the most popular category (28%), followed by skincare (14%), hair care (13%), and body care (9%). Therefore, the high demand for the personal care industry and the rising medical devices sector in the region are driving the market's growth.
Based on Application, the market is segmented into Skin & Hair Care, Sealant, Textile Coating, Detergent, Chemical Intermediate, Anti-foam Agent, Release Agent, and Others. Based on Type, the market is segmented into Modified, and Straight. Based on End-user, the market is segmented into Personal Care, Chemical, Construction, Textile, Electronics, Automotive, Medical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Siltech Corporation
- The Dow Chemical Company
- Momentive Performance Materials, Inc. (Hexion, Inc.)
- Evonik Industries AG (RAG-Stiftung)
- Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
- Iota Silicone Oil (Anhui) Co., Ltd (Iota Corporation Limited)
- Wacker Chemie AG
- CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
- BRB International B.V. (PETRONAS Chemicals Group Berhad)
North America Silicone Oil Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Skin & Hair Care
- Sealant
- Textile Coating
- Detergent
- Chemical Intermediate
- Anti-foam Agent
- Release Agent
- Others
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Modified
- Straight
By End-user (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Personal Care
- Chemical
- Construction
- Textile
- Electronics
- Automotive
- Medical
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Silicone Oil Market, by Application
- 1.4.2 North America Silicone Oil Market, by Type
- 1.4.3 North America Silicone Oil Market, by End-user
- 1.4.4 North America Silicone Oil Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Silicone Oil Market by Application
- 4.1 North America Skin & Hair Care Market by Country
- 4.2 North America Sealant Market by Country
- 4.3 North America Textile Coating Market by Country
- 4.4 North America Detergent Market by Country
- 4.5 North America Chemical Intermediate Market by Country
- 4.6 North America Anti-foam Agent Market by Country
- 4.7 North America Release Agent Market by Country
- 4.8 North America Others Market by Country
Chapter 5. North America Silicone Oil Market by Type
- 5.1 North America Modified Market by Country
- 5.2 North America Straight Market by Country
Chapter 6. North America Silicone Oil Market by End-user
- 6.1 North America Personal Care Market by Country
- 6.2 North America Chemical Market by Country
- 6.3 North America Construction Market by Country
- 6.4 North America Textile Market by Country
- 6.5 North America Electronics Market by Country
- 6.6 North America Automotive Market by Country
- 6.7 North America Medical Market by Country
- 6.8 North America Others Market by Country
Chapter 7. North America Silicone Oil Market by Country
- 7.1 US Silicone Oil Market
- 7.1.1 US Silicone Oil Market by Application
- 7.1.2 US Silicone Oil Market by Type
- 7.1.3 US Silicone Oil Market by End-user
- 7.2 Canada Silicone Oil Market
- 7.2.1 Canada Silicone Oil Market by Application
- 7.2.2 Canada Silicone Oil Market by Type
- 7.2.3 Canada Silicone Oil Market by End-user
- 7.3 Mexico Silicone Oil Market
- 7.3.1 Mexico Silicone Oil Market by Application
- 7.3.2 Mexico Silicone Oil Market by Type
- 7.3.3 Mexico Silicone Oil Market by End-user
- 7.4 Rest of North America Silicone Oil Market
- 7.4.1 Rest of North America Silicone Oil Market by Application
- 7.4.2 Rest of North America Silicone Oil Market by Type
- 7.4.3 Rest of North America Silicone Oil Market by End-user
Chapter 8. Company Profiles
- 8.1 Siltech Corporation
- 8.1.1 Company Overview
- 8.2 Iota Silicone Oil (Anhui) Co., Ltd (Iota Corporation Limited)
- 8.2.1 Company Overview
- 8.3 The Dow Chemical Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 SWOT Analysis
- 8.4 Momentive Performance Materials, Inc. (Hexion, Inc.)
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Evonik Industries AG (RAG-Stiftung)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
- 8.6 Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 SWOT Analysis
- 8.7 Wacker Chemie AG
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
- 8.8 CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
- 8.9 BRB International B.V. (PETRONAS Chemicals Group Berhad)
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
LIST OF TABLES
- TABLE 1 North America Silicone Oil Market, 2020 - 2023, USD Million
- TABLE 2 North America Silicone Oil Market, 2024 - 2031, USD Million
- TABLE 3 North America Silicone Oil Market, 2020 - 2023, Kilo Tonnes
- TABLE 4 North America Silicone Oil Market, 2024 - 2031, Kilo Tonnes
- TABLE 5 North America Silicone Oil Market by Application, 2020 - 2023, USD Million
- TABLE 6 North America Silicone Oil Market by Application, 2024 - 2031, USD Million
- TABLE 7 North America Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 8 North America Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 9 North America Skin & Hair Care Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Skin & Hair Care Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Skin & Hair Care Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 12 North America Skin & Hair Care Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 13 North America Sealant Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Sealant Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Sealant Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 16 North America Sealant Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 17 North America Textile Coating Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Textile Coating Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Textile Coating Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 20 North America Textile Coating Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 21 North America Detergent Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Detergent Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Detergent Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 24 North America Detergent Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 25 North America Chemical Intermediate Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Chemical Intermediate Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Chemical Intermediate Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 28 North America Chemical Intermediate Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 29 North America Anti-foam Agent Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Anti-foam Agent Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Anti-foam Agent Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 32 North America Anti-foam Agent Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 33 North America Release Agent Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Release Agent Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Release Agent Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 36 North America Release Agent Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 37 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 38 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 39 North America Others Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 40 North America Others Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 41 North America Silicone Oil Market by Type, 2020 - 2023, USD Million
- TABLE 42 North America Silicone Oil Market by Type, 2024 - 2031, USD Million
- TABLE 43 North America Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
- TABLE 44 North America Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
- TABLE 45 North America Modified Market by Country, 2020 - 2023, USD Million
- TABLE 46 North America Modified Market by Country, 2024 - 2031, USD Million
- TABLE 47 North America Modified Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 48 North America Modified Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 49 North America Straight Market by Country, 2020 - 2023, USD Million
- TABLE 50 North America Straight Market by Country, 2024 - 2031, USD Million
- TABLE 51 North America Straight Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 52 North America Straight Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 53 North America Silicone Oil Market by End-user, 2020 - 2023, USD Million
- TABLE 54 North America Silicone Oil Market by End-user, 2024 - 2031, USD Million
- TABLE 55 North America Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
- TABLE 56 North America Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
- TABLE 57 North America Personal Care Market by Country, 2020 - 2023, USD Million
- TABLE 58 North America Personal Care Market by Country, 2024 - 2031, USD Million
- TABLE 59 North America Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 60 North America Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 61 North America Chemical Market by Country, 2020 - 2023, USD Million
- TABLE 62 North America Chemical Market by Country, 2024 - 2031, USD Million
- TABLE 63 North America Chemical Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 64 North America Chemical Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 65 North America Construction Market by Country, 2020 - 2023, USD Million
- TABLE 66 North America Construction Market by Country, 2024 - 2031, USD Million
- TABLE 67 North America Construction Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 68 North America Construction Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 69 North America Textile Market by Country, 2020 - 2023, USD Million
- TABLE 70 North America Textile Market by Country, 2024 - 2031, USD Million
- TABLE 71 North America Textile Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 72 North America Textile Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 73 North America Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 74 North America Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 75 North America Electronics Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 76 North America Electronics Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 77 North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 78 North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 79 North America Automotive Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 80 North America Automotive Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 81 North America Medical Market by Country, 2020 - 2023, USD Million
- TABLE 82 North America Medical Market by Country, 2024 - 2031, USD Million
- TABLE 83 North America Medical Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 84 North America Medical Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 85 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 86 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 87 North America Others Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 88 North America Others Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 89 North America Silicone Oil Market by Country, 2020 - 2023, USD Million
- TABLE 90 North America Silicone Oil Market by Country, 2024 - 2031, USD Million
- TABLE 91 North America Silicone Oil Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 92 North America Silicone Oil Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 93 US Silicone Oil Market, 2020 - 2023, USD Million
- TABLE 94 US Silicone Oil Market, 2024 - 2031, USD Million
- TABLE 95 US Silicone Oil Market, 2020 - 2023, Kilo Tonnes
- TABLE 96 US Silicone Oil Market, 2024 - 2031, Kilo Tonnes
- TABLE 97 US Silicone Oil Market by Application, 2020 - 2023, USD Million
- TABLE 98 US Silicone Oil Market by Application, 2024 - 2031, USD Million
- TABLE 99 US Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 100 US Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 101 US Silicone Oil Market by Type, 2020 - 2023, USD Million
- TABLE 102 US Silicone Oil Market by Type, 2024 - 2031, USD Million
- TABLE 103 US Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
- TABLE 104 US Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
- TABLE 105 US Silicone Oil Market by End-user, 2020 - 2023, USD Million
- TABLE 106 US Silicone Oil Market by End-user, 2024 - 2031, USD Million
- TABLE 107 US Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
- TABLE 108 US Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
- TABLE 109 Canada Silicone Oil Market, 2020 - 2023, USD Million
- TABLE 110 Canada Silicone Oil Market, 2024 - 2031, USD Million
- TABLE 111 Canada Silicone Oil Market, 2020 - 2023, Kilo Tonnes
- TABLE 112 Canada Silicone Oil Market, 2024 - 2031, Kilo Tonnes
- TABLE 113 Canada Silicone Oil Market by Application, 2020 - 2023, USD Million
- TABLE 114 Canada Silicone Oil Market by Application, 2024 - 2031, USD Million
- TABLE 115 Canada Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 116 Canada Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 117 Canada Silicone Oil Market by Type, 2020 - 2023, USD Million
- TABLE 118 Canada Silicone Oil Market by Type, 2024 - 2031, USD Million
- TABLE 119 Canada Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
- TABLE 120 Canada Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
- TABLE 121 Canada Silicone Oil Market by End-user, 2020 - 2023, USD Million
- TABLE 122 Canada Silicone Oil Market by End-user, 2024 - 2031, USD Million
- TABLE 123 Canada Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
- TABLE 124 Canada Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
- TABLE 125 Mexico Silicone Oil Market, 2020 - 2023, USD Million
- TABLE 126 Mexico Silicone Oil Market, 2024 - 2031, USD Million
- TABLE 127 Mexico Silicone Oil Market, 2020 - 2023, Kilo Tonnes
- TABLE 128 Mexico Silicone Oil Market, 2024 - 2031, Kilo Tonnes
- TABLE 129 Mexico Silicone Oil Market by Application, 2020 - 2023, USD Million
- TABLE 130 Mexico Silicone Oil Market by Application, 2024 - 2031, USD Million
- TABLE 131 Mexico Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 132 Mexico Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 133 Mexico Silicone Oil Market by Type, 2020 - 2023, USD Million
- TABLE 134 Mexico Silicone Oil Market by Type, 2024 - 2031, USD Million
- TABLE 135 Mexico Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
- TABLE 136 Mexico Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
- TABLE 137 Mexico Silicone Oil Market by End-user, 2020 - 2023, USD Million
- TABLE 138 Mexico Silicone Oil Market by End-user, 2024 - 2031, USD Million
- TABLE 139 Mexico Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
- TABLE 140 Mexico Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
- TABLE 141 Rest of North America Silicone Oil Market, 2020 - 2023, USD Million
- TABLE 142 Rest of North America Silicone Oil Market, 2024 - 2031, USD Million
- TABLE 143 Rest of North America Silicone Oil Market, 2020 - 2023, Kilo Tonnes
- TABLE 144 Rest of North America Silicone Oil Market, 2024 - 2031, Kilo Tonnes
- TABLE 145 Rest of North America Silicone Oil Market by Application, 2020 - 2023, USD Million
- TABLE 146 Rest of North America Silicone Oil Market by Application, 2024 - 2031, USD Million
- TABLE 147 Rest of North America Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 148 Rest of North America Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 149 Rest of North America Silicone Oil Market by Type, 2020 - 2023, USD Million
- TABLE 150 Rest of North America Silicone Oil Market by Type, 2024 - 2031, USD Million
- TABLE 151 Rest of North America Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
- TABLE 152 Rest of North America Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
- TABLE 153 Rest of North America Silicone Oil Market by End-user, 2020 - 2023, USD Million
- TABLE 154 Rest of North America Silicone Oil Market by End-user, 2024 - 2031, USD Million
- TABLE 155 Rest of North America Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
- TABLE 156 Rest of North America Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
- TABLE 157 Key Information - Siltech Corporation
- TABLE 158 Key Information - Iota Silicone Oil (Anhui) Co., Ltd
- TABLE 159 Key Information - The Dow Chemical Company
- TABLE 160 Key Information - Momentive Performance Materials, Inc.
- TABLE 161 Key Information - Evonik Industries AG
- TABLE 162 Key information - Elkem ASA
- TABLE 163 Key Information - Wacker Chemie AG
- TABLE 164 Key Information - CHT Germany GmbH
- TABLE 165 Key Information - BRB International B.V.
