Silicone Surfactants: Introduction
· Demand for silicone surfactants has been rising across the globe due to their wide-scale application and utility. The unusual properties of these surfactants are the primary reason behind their application in multiple domains and industrial processes.
· Silicone surfactants consist of a range of permethylated siloxane hydrophobic groups that are coupled with other polar groups. These surfactants are also referred to as supper wetting/spreading agents, and are superior to conventional surfaces in their ability to lower surface tension. The low molecular weight and high penetration of these surfactants is driving their popularity.
· Rise in industrial applications of silicone surfactants has played a major role in the growth of the global market for these products. Furthermore, attractive investments made in the chemical industry by key stakeholders and investors has propelled the global demand for silicone surfactants.
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Key Drivers of Global Silicone Surfactants Market
· Demand for silicone surfactants has been rising owing to their utility in the cosmetics industry. Personal care and grooming has become an important part of people’s lifestyle. This is driving the demand for cosmetic products.
· Low thermal conductivity also plays a key role in the growth of the global silicone surfactants market. Besides this, foaming, emulsifying, and dispersing properties of silicone surfactants have also led to the high demand of these surfactants across the globe.
· The global market for silicone surfactants has been expanding significantly due to the increase in usage of these surfactants in emerging industries. The use of silicone surfactants to ensure noise insulation in buildings and houses has also given an impetus to the global market. Furthermore, the textiles industry has become a key consumer of silicone surfactants. This has created lucrative opportunities for the market.
Emulsifiers Application Segment to Dominate the Global Market
· Based on application, the emulsifiers segment is estimated to lead the silicone surfactants market in the near future, due to the rise in demand for emulsifiers in personal care, construction, and paints & coatings end-use industries. Increase in applications of emulsifiers in cosmetics and personal care products has also contributed to the growth of the emulsifiers segment. Emulsifiers are used to stabilize polyurethane foam; hence, expansion of the polyurethane foam market is projected to fuel the emulsifiers segment of the silicone surfactants market.
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Personal Care End-use Industry Segment to Dominate the Global Market
· Personal care, construction, textile, paints & coatings, agriculture are the major end-use industries of the global silicone surfactants market. The personal care segment is estimated to dominate the silicone surfactants market in the near future, owing to increasing demand for silicone surfactants in applications such as skincare, hair care, and personal hygiene products. Rise in demand for non-hazardous ingredients in personal care products is also expected to fuel the demand for silicone surfactants in the personal care industry.
COVID-19 Impact on Silicone Surfactants Market
· Demand for surfactants is rising significantly even during the COVID-19 pandemic owing to the increase in demand of consumers for various cleaning products. However, decline in demand for paints & coatings and construction materials across the globe is expected to hamper the demand for silicone surfactants in the near future.
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Asia Pacific to Hold Significant Share of Global Silicone Surfactants Market
· In terms of region, the global silicone surfactants market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
· North America is anticipated to hold notable share for the global silicone surfactants market during the forecast period. The market in the region is anticipated to expand at a significant pace during the forecast period, owing to the well-established end-use industries in the region.
· Asia Pacific is estimated to dominate the market during the forecast period. The growth can be ascribed to the increase in demand for silicone surfactants in personal care, construction, textile, paints & coatings, and agriculture end-use industries, particularly in China and India. Asia Pacific is a lucrative market for personal care products, polyurethane foams, and agrochemicals.
Key Players Operating in the Market
The global silicone surfactants market is a consolidated with the presence of major international players. However, presence of small- and medium-sized domestic players makes the market highly competitive. Key players operating in the global silicone surfactants market include:
· Evonik Industries AG
· Dow Corning Corporation
· Momentive Performance Materials Inc.
· Wacker Chemie AG
· Innospec Inc.
· Shin-Etsu Chemical Co., Ltd.
· Siltech Corporation
· Elkem ASA
· Supreme Silicones
· Hangzhou Ruijiang Performance Material Science Co., Ltd
· Harcros Chemicals Inc.
Global Silicone Surfactants Market: Research Scope
Global Silicone Surfactants Market, by Application
· Emulsifiers
· Foaming Agents
· Defoaming Agents
· Wetting Agents
· Dispersants
· Others
Global Silicone Surfactants Market, by End-use Industry
· Personal Care
· Construction
· Textile
· Paints & Coatings
· Agriculture
· Others
Global Silicone Surfactants Market, by Region
· North America
o U.S.
o Canada
· Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia & CIS
o Rest of Europe
· Asia Pacific
o China
o Japan
o India
o ASEAN
o Rest of Asia Pacific
· Latin America
o Brazil
o Mexico
o Rest of Latin America
· Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa
The Silicone Surfactants market has been undergoing some remarkable growth dynamics, shaped increasingly by digital technologies and environmental sustainability concerns of product development. Over the decades, the feedstock variability and the onslaught of cheaper substitutes have squeezed in profit margins of the chemical and materials sector. On the other hand, the value chain of several businesses in the Silicone Surfactants market has undergone overhaul, increasingly rendering some aspiring players with greater control over the forces and demand. The penetration of Industry 4.0 in in the market has stirred game-changing trends for range of stakeholders in the overall chemicals and materials sector. Manufacturing and production environments of businesses in the Silicone Surfactants market are keen on formulating and implementing strategic frameworks that will turn them into digital enterprises.
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