About the Polydimethylsiloxane Market Report
A new report on the polydimethylsiloxane market published by Fact.MR envisages growth trajectory of the market during the forecast period 2018 – 2028. A thorough analysis of the market trends, drivers, challenges and opportunities has derived the most credible outlook of the polydimethylsiloxane market. In-depth assessment of global as well as regional trends of the polydimethylsiloxane market have been taken into consideration while analyzing market opportunities. With respect to revenue anticipation in terms of absolute dollar opportunity, the report delivers a holistic overview of the polydimethylsiloxane market. The market attractive index included in the report provides important insights for manufacturers to assess prodigious opportunities in terms of business expansion possibilities like merger and acquisition. The highlighted value of CAGR enables users to fathom future progress of the polydimethylsiloxane market.
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Polydimethylsiloxane Market Definition
Polydimethylsiloxane or PDMS is highly used as a silicone-based organic polymer across industries. Owing to its unique physio-chemical properties, polydimethylsiloxane plays a vital role in several surfactants that are used in wetting, cleaning, emulsifying, and dispersing formulations in multiple industries staring from the cosmetics, personal care and medical devices to core industrial products such as elastomers and surfactants.
Competition Landscape of Polydimethylsiloxane Market
Segmentation of Polydimethylsiloxane Market
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East and Africa
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The segmentation section also reveals some of the prominent trends in the aforementioned regions, responsible for transforming the polydimethylsiloxane market progress.
Key Findings of Polydimethylsiloxane Market
Steady Demand from the Industrial Processing to Bode Well For the Polydimethylsiloxane Market
Polydimethylsiloxane or PDMS is highly utilized in the industrial processing sector owing to its beneficial physical and chemical properties. Uncomplicated fabrication process, optical transparency, controllable elasticity and quick and reversible adhesion against different commonly used substrates like polystyrene and glass are some of the important properties of PDMS that are highly exploited in industrial processes for applications such as surfactants, hydraulic fluids, anti-foaming agents, and water-repellent coatings among others. Growing demand for surfactants in some of the major core industrial processes is likely to bode well for the polydimethylsiloxane market in the future.
Growing Consumption of Adhesives, Sealants and Coatings in the Construction and Automotive Sectors
A polydimethylsiloxane or silicon-based sealant is stable in the absence of moisture as well as during exposure to moisture, facilitating modifiable modulus of flexible elastomer. Important properties as such and others are highly explored in the manufacturing of adhesives, sealants, and coating formulations that are highly used in the construction sector. The construction industry is consistently flourishing against the backdrop of rapid urbanization and significant investments in the infrastructure developments, especially the commercial sector. That said growing demand for construction industry-specific adhesive sealants and protective coatings is driving the growth of the polydimethylsiloxane market.
Adhesives, sealants, coatings, polish, water repellants and many others that contain polydimethylsiloxane find humongous application in the automotive industry, too. As the industry is progressing at an appreciable rate, demand for automobile-specific surfactants is likely to grow, thereby driving the growth of the polydimethylsiloxane market in the coming decade.
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The cosmetics and personal care industry is the major consumer of surfactants, anti-foaming agents and other chemicals with properties similar to polydimethylsiloxane. Use of polydimethylsiloxane can be observed in a variety of cosmetics and personal care products such as hair care, skin care and beauty products. In particular, as a thickening or conditioning agent, a silicone-based organic polymer like polydimethylsiloxane is one of the most commonly used ingredients in shampoos. Beauty and skin care products – skin cleanser, perfume, lipstick, toothpaste, creams and lotions contain polydimethylsiloxane. Demand for cosmetics and personal care products is on the rise and is likely to propel the polydimethylsiloxane market in parallel.
Import Tariffs on Raw Materials of Polydimethylsiloxane to Threaten Sustainable Production
Countries across the globe including the United States have imposed tariffs on chlorine and silicon which are basic raw materials of polydimethylsiloxane. North America has recently imposed trade tariffs on the import of goods from China, following which the import of silicon and silicon products from China has declined significantly. In 2016, European Union and the Commerce Department of the U.S. imposed anti-dumping duties on silicon imported from China. Even though these duties have been recently overturned from Australia, Brazil, Norway and Kazakhstan by the U.S., they continue to hold trade tariffs for other countries, significantly impacting the global demand for polydimethylsiloxane and growth of the polydimethylsiloxane market.
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Additional Questions Answered in Polydimethylsiloxane Market Report
The report also delivers additional cutting-edge insights apart from the aforementioned information that hold significant influence on the polydimethylsiloxane market. Few of these insights are listed below –
- Which is the rapidly growing region in the polydimethylsiloxane market?
- How will the markets for other alternatives impact the demand for polydimethylsiloxane during forecast?
- What will be the effects of environmental regulations on the polydimethylsiloxane market progress?
- What will be the future business strategies of manufacturers to win over competition amid the challenges of trade tariffs on polydimethylsiloxane raw materials?
- What are the other niche lucrative industry applications in the polydimethylsiloxane market?
Research Methodology of Polydimethylsiloxane Market
A robust research methodology has been followed to ascertain the viable market values of the polydimethylsiloxane market. A thorough assessment is backed by a multipronged approach comprising primary and secondary research and triangulation of the derived data. Primary research included study conducted by domain specific analysts and included comprehensive interviews with key stakeholders and panel of industry experts. Secondary research included annual reports of the company, resourceful websites, and credible publications. For market data analysis, 2017 is considered as the base year with market numbers estimated for 2018 and forecast made for the period of 2018 – 2028. The research methodology is carried out against the aftermath of thorough analysis in terms of incremental $ opportunity, global absolute $ opportunity and market attractive index to accurately assess and identify lucrative market opportunities in the polydimethylsiloxane market.
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