Global Silicone Oil Market Projected to Reach $ 4.51 Billion by 2018

Date: 2016-09-11

Silicone oil is similar to a traditional hydrocarbon oil except that its molecular chain replaces carbon units with siloxane units. Silicone oil includes Methyl Silicone oil and Ethyl Silicone oil on the base of classification, which represent 34% and 16% of global silicone oil market. 

Automotive, laboratories and chemical agents are the main application of silicone oil product and North American is the largest silicone oil market on production and consumption.

Global silicone oil market is projected to reach $ 4.51 Billion by 2018, with a GAGR of 6.7% from 2014, and Asia will have a big dynamic momentum on the market growth. The major players in the global silicone oil market are Shin-Etsu, Mitsubishi, KCC, Dow Corning, Momentive, Wacker etc..


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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