Silicone fluids have emerged as a game-changer in the realm of product development, revolutionizing industries with their unique properties and versatility. These remarkable substances offer unparalleled opportunities for innovation and advancement.
With their exceptional thermal stability and resistance to extreme temperatures, silicone fluids open doors for the creation of high-performance materials and components. They enable engineers to push boundaries and explore new frontiers in fields such as aerospace, automotive, and electronics.
Silicone fluids also exhibit superb compatibility with different materials, enabling the development of advanced composites and coatings. Their excellent dielectric properties make them ideal for electrical applications, fostering advancements in electronics and power systems.
Furthermore, the ability of silicone fluids to act as reliable lubricants, damping agents, and heat transfer fluids enhances the efficiency and performance of various products and systems.
By harnessing the potential of silicone fluids, innovators can unlock new possibilities, propel product development forward, and create groundbreaking solutions that shape the future of technology and engineering.
In cosmetics, silicone fluids impart a soft and smooth feel during and after application. They also enhance the spreading and penetration of other ingredients. Cyclomethicones are ideal for use in preparing water-in-silicone emulsions used in antiperspirants, hair sprays and skin creams.
Cosmetic emulsions based on these fluids are highly stable and readily combine with a wide range of other cosmetic ingredients. They are particularly useful for delivering pigments and other particles such as soft focus materials.
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The global silicone fluids market size is projected to grow from USD 5.1 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 5.5% from 2021 to 2026.
The silicone fluids market is expected to witness significant growth in the coming years due to its increased demand across the personal care & beauty, building & construction, automotive & transportation, and textile industries.♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82878430COVID-19 impact on global silicone fluids marketWith the rise in cases of COVID-19, implementation of emergency protocols and shutdown of various operations and facilities have been observed during 2020.
The outbreak of COVID-19 in Wuhan, China, has spread across the major APAC, European, and North American countries, affecting the market for silicone fluids since most of the global companies have their headquarters in these countries.
This impact of COVID-19 had caused disruption in the supply chain, which had slowed down the market growth due to lack of raw materials and unavailability of workforce.APAC region to lead the global silicone fluids market by 2026.APAC accounted for the largest market share of about 46.0%, in terms of value in 2020.
The growing population and rapid urbanization are among the key factors propelling industry expansion in this region.
High domestic demand, along with the easy availability of raw materials and low-cost labor, makes APAC a lucrative market for manufacturers that are focusing on this region to gain market share and increase profitability.
