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Silicone Oil Market to Reach $2,557 Million, Globally, by 2022

U.S. will continue to dominate the North America silicone oil market, Canada will grow at a higher CAGR of 5.9% during forecast period. Asia-Pacific is the major and fastest growing region with the CAGR of 5.0% in terms of volume for silicone oil market. France dominated the European market with around one-fourth revenue share in 2015. Chemical and construction end user segments together accounted for around half of the revenue share and dominated the market in 2015.<br><br>

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Silicone Oil Market to Reach $2,557 Million, Globally, by 2022

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  1. Top key Market Trends of Silicone Oil Market Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. Silicone Oil Market “As of 2015, automotive and medical industries contributed a small share in the global silicone oil market revenues, but the scenario is expected to change in future and estimated to grow at higher CAGR.”

  3. Silicone Oil Market Silicone Oil Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $2,557 million by 2022, registering a CAGR of 4.6% during the period 2016-2022.Automotive and medical segments are expected to be the fastest growing end users in terms of revenue; whereas personal care and electronics segments are projected to be fastest growing segment in terms of volume. View Detail Summary of this report: https://www.alliedmarketresearch.com/silicone-oil-market Biocompatibility, alternative usage to hydrocarbon-based products and topical applications are anticipated to propel the silicone oil demand worldwide. Since, silicone oil market growth is driven by various factors such as increased usage in manufacturing of various lubricants and fluids across industries, it has replaced hydrocarbon-based products in various industrial applications due to its superior thermal stability.

  4. Top Investment Pockets Silicone Oil Market • Personal care is the most attractive industrial sector in the world silicone oil market and is expected to be first preference for new entrants due to increase in demand of different products such as sunscreens, anti-aging creams, and hair conditioners. • Other major segments ideal for investments include medical and automotive sector. • Though the growth of silicone oil usage in medical and automotive sector is higher as compared to personal care but rapid increase in demand for personal care products in the developing economies such as China and India and growth in use of anti-aging creams in established markets such as North America has made this market the top choice for investments.

  5. Top Winning Strategies Silicone Oil Market • Product launch and expansion are the leading strategies adopted by the key players followed by partnership, acquisition, agreement, and joint venture to widen their geographical outreach. • Product launch and expansion covered 42.3% and 28.8% share of the total number of strategies adopted from 2010 to 2016. • Dow Corning Corporation and Momentive Performance Materials Inc., are the leading companies that adopted product launch as the key business strategy.

  6. Silicone Oil Market • • • • • • • • • • Chemie A.G. (Germany) Dow Corning Corporation (U.S.) Momentive Performance Materials Inc. (U.S.) Shin-Etsu Chemical Co. Ltd. (Japan) Bluestar Silicones International Co., Ltd.(France) ACC Silicones Ltd. (UK) BRB International B.V. (Europe) Siltech Corporation (Canada) Evonik Industries AG (Germany) Sigma-Aldrich Corporation (U.S.).

  7. Key Benefits For Stakeholders of Silicone Oil Market • This report entails the detailed quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities. Factors that drive and impede the growth of the market are comprehensively analyzed in this study. Micro-level analysis is conducted based on application, end-user and region. Porter’s Five Forces model illustrate the potency of buyers and sellers. The projections in this report are made by analyzing the current trends and future market potential from 2016 to 2022 in terms of value and volume. Key manufacturers are profiled in the report and their developments in recent years are listed, which helps in understanding competitive outlook of global silicone oil market. • • • • •

  8. Silicone Oil Market North America Europe Asia-Pacific LAMEA

  9. Silicone Oil Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request- sample/1738 Follow Us On

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