Demand for Polydimethylsiloxane Market to Grow at a CAGR of 4.1% Through 2028 Polydimethylsiloxane market is growing at a steady CAGR of around 4.2% through 2029, propelled by large scale industrial activities and developments in the construction industry globally. Polydimethylsiloxane is largely consumed in industrial processes owing to its extensive and beneficial chemical and physical properties. Within industrial processing, polydimethylsiloxane has a broad range of applications such as oil and natural gas, hydraulic fluids and additives for polymers. It’s applicability as an antifoaming agent paves the way for higher extraction rates and provides a road map for taking market growth to the next level. Demand for polydimethylsiloxane is also anticipated to witness a surge in diverse industries such as cosmetics & personal care, as well as the healthcare industry. The global sales of polydimethylsiloxane are estimated to surpass a valuation of ~US$ 6,500 Mn by 2029. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=1618 Key Trends of Polydimethylsiloxane Market
Industrial Process is projected to represent around one-third of the overall incremental opportunity created over the forecast period Elastomers among other polydimethylsiloxane types are estimated to surpass US$ 3.7 Bn by 2029 end owing to high demand from various end-use industries, such as construction and industrial applications Emerging applications of PDMS such as personal care & cosmetics and healthcare are likely to expand value growth of global market by 1.5X by 2029 end Fact.MR reports that demand for industrial process and construction end use industry of polydimethylsiloxane collectively accounts for around two-third of the global consumption and is poised to create absolute $ opportunity of US$ 1.3 Bn by 2029 Personal Care among other end-use industries is likely to witness a striking growth of ~4-5% throughout the assessment period (2019-2029) As compared to developed regions, the sales of polydimethylsiloxane are envisaged to be higher in countries of East Asia.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=1618 Key Segments Covered in the Polydimethylsiloxane Market Report: