The personal care end-use segment accounted for the largest share in the silicone fluid market in 2019 and is expected to grow at a CAGR of 5.1% during the forecast period. Silicone fluid is extensively used for cosmetics because it is normally transparent, odorless, physiologically inertness and is highly secure for the human body. Because of its benefits of low surface tension, protection, water repellence, lubrication, great usability and appliance, shine, great moisturizing effect, and nontoxic. Silicone fluid is applied for lotion, make-up, lipstick, hair care shampoo, skincare cream, body care, and body cream. Silicone fluid is useful for improving cosmetics quality and efficiency thanks to its water repellence, heteroplastic, high spreadability, appliance, sticky less, the inertness of other materials.
In a recent research report by Maximize Market Research, the Silicone Fluid Market is expected to surpass US $ XX Bn by the year 2026, from US $ XX Bn in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 5%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of silicone fluid in the region, the Value – Chain Analysis, and the PORTER’s analysis for the silicone fluid market at a global level.
The study is consolidated based on two major segments and further into sub-segments, by Type (Straight Silicone, and Modified Silicone), and by End-Use Industry (Agriculture, Energy, Home Care, Personal Care, Textiles, and Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – ChemChina, DowDuPont, KCC CORPORATION, Momentive, Shin-Etsu Chemical, Wacker Chemie, Gelest Incorporated, Quantum Silicones, Clariant International limited, Caledonia Investments, ACC Silicones, BRB International, Siltech Corporation, Dow Corning Corporation, and Saint Gobain.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Silicone Fluid Market.”
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