Silicone oil, as an organic silicon compound with unique physical and chemical properties, has shown steady growth in the global market in recent years. According to the analysis of the market research institute, the global silicone oil market is expected to grow at a compound annual growth rate (CAGR) of about 5% in the next few years.
Market driver
Personal Care and Cosmetics industry: Silicone oil is widely used in skin care products, shampoos and cosmetics due to its excellent lubricity, smoothness and non-greasy properties. With the increasing demand of consumers for high-quality personal care products, the application of silicone oil in this field is also expanding.
Healthcare: The biocompatibility and stability of silicone oil has led to its application in medical devices, pharmaceutical preparations and implants. The growing demand for high-performance materials in the medical industry has brought new opportunities to the silicone oil market.
Industrial and Construction applications: In the construction and industrial sectors, silicone oils are used as sealants, lubricants and waterproofing materials. Its high temperature resistance, oxidation resistance and electrical insulation properties make it ideal for these applications.
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