Polydimethylsiloxane Market is Highly Competitive And Vibrant With The Major Key Players


Posted May 16, 2019 by amanjaincmi

Polydimethylsiloxane (PDMS) is a group of polymeric organosilicon compounds, which are commonly referred to as silicones.
 
Polydimethylsiloxane (PDMS) is a group of polymeric organosilicon compounds, which are commonly referred to as silicones. Polydimethylsiloxane (PDMS) is a clear, non-toxic, non-flammable, colorless, and viscous liquid that is insoluble in water and ethanol. PDMS is a widely used silicon-based organic polymer. It is used as elastomers, antifoaming agents, ant-caking agents, and lubricants in industries such as food & beverages, personal care, and pharmaceuticals.

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Market Dynamics

Physical and chemical properties of polydimethylsiloxane (PDMS) such as high and low temperature stability, low surface tension, oxidative stability, and spreadability are major factors driving demand for polydimethylsiloxane. Furthermore, polydimethylsiloxane (PDMS) is recognized by the U.S. Food and Drug Administration (FDA) as a protective agent in topical skin care products.

Market Outlook

Among application, antifoaming agents segment held significant market share in the polydimethylsiloxane (PDMS) market across the globe in 2017. This is due to increasing demand for antifoaming agents from food and beverages industry. Polydimethylsiloxane is used as an antifoaming agent in cooking oils to prevent oil splatter. Moreover, it is used in fast foods such as French fries, Chicken McNuggets, milkshakes, hash browns, and smoothies. For instance, according to the Ministry of Food Processing Industries (MOFPI), the total consumption of food and beverages in India was valued at US$ 369 billion in 2017 and is expected to increase to US$ 1.142 trillion by 2025.

Asia Pacific is the fastest growing region in the global polydimethylsiloxane (PDMS) market in 2017, due to increasing demand for PDMS in medical devices such as lab-on-a-chip (LOC) devices, 3D tissue culture platforms, biological machines, and organ-on-a-chip devices. Owing to its various properties such as elasticity, transparency, nontoxicity and durability PDMS is widely used in medical devices. Further steadily growing medical device market in the region is supporting the growth of the PDMS market. For instance, according to the India Brand Equity Foundation (IBEF), Indian medical devices market was valued at US$ 10 billion in 2017 and is expected to reach US$ 25 billion by 2025.

Key Players

Key players operating in the global polydimethylsiloxane market include The Dow Chemical Company, Wacker Chemie AG, Elkem Silicones, Hubei Xin Sihai Chemical Co., Momentive, Shin-Etsu Chemical Co., Alfa Aesar, Thermo Fisher Scientific, Merck KGaA, and Fisher Scientific International Inc.

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Market Taxonomy

On the basis of form, the global polydimethylsiloxane (PDMS) market is segmented into:

Fluids

Elastomers

Resins

On the basis of application, the global polydimethylsiloxane (PDMS) market is segmented into:

Surfactants

Antifoaming agents

Lubricants

Medical devices

Others (Hydraulic Fluids and Heat Transfer Fluids)

On the basis of end-use industry, the global polydimethylsiloxane (PDMS) market is segmented into:

Food & Beverages

Personal Care and Cosmetics

Pharmaceutical

RESEARCH METHODOLOGY

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)

Desk Research

Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

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Tags polydimethylsiloxane market
Last Updated May 16, 2019