Silicone finds application in a wide range of products right from medical to cosmetics and construction to automotive. The malleable characteristic of the product makes it a fitting raw material for manufacturing gel, sealants, lubricants and electrical & thermal insulation. The bond energy of a silicon-silicon bond is significantly high, making it extremely stable and resistive to diverse influences. Since silicone do not carry any major environmental threat, the product can be easily integrated in industrial manufacturing. Over the next couple of years, global silicone demand is expected to display an upward trend. This is primarily owing to the growing use of the product in the construction sector. Silicone sealants are used for finishing joints, fill cavities and other gaps and prevent moisture. Large scale infrastructural projects that are being undertaken particularly in emerging economies is partly fuelling the demand for silicone. Countries such as Brazil, China and India present lucrative market opportunities spurred by the bolstered end-user industries in these countries. Moreover, silicone is emerging as a better alternative to plastics for manufacturing various consumer goods as the product is environmentally viable. Factors as such are reflecting favourably on the global silicone market. Transparency Market Research (TMR) in its latest report reveals that the global silicone market is set to exhibit a CAGR of 5.4% during the forecast (2017-2026).

global silicone market

Asia Pacific excluding Japan (APEJ) to Spearhead the Global Silicone Market Over 2026

Robust infrastructural development and healthy expansion of various end-user industries is making positive influence on the region’s silicon market. In terms of revenue, the APEJ is expected to lead the global silicone market during the forecast period. Between 2017 and 2022, the APEJ silicone market is projected to witness a CAGR of 5.8%. Meanwhile, North America and Europe are also expected to present growth opportunities for vendors operating on a global level. The vast application potentials of the product is likely to boost its popularity in among various large scale industries existing in these regions.

Silicone Fluids & Emulsions will continue to Witness Strong Sales Through 2026

Silicones fluids & emulsions are finding application in various industries including pharma, textile and healthcare among others owing their exceptional resistant to heat and electromagnetic radiation. In addition, silicone fluids are tasteless, transparent, and odorless with no known harmful effects. Global sales of silicon fluids & emulsions currently command for 42% revenue share of the global market. Towards the end of assessment period, more than US$ 8,900 Mn worth silicon fluids & emulsions is estimated to be sold across the globe.

High Preference for Silicone in Performance Additives/Functional Ingredients Manufacturing

Various types of functional ingredients are being prepared using various silicone combinations that include, quaternary compounds, esters and proteins. By 2017-end, over US$ 4,500 Mn worth silicone is expected to be used for preparing performance additives/functional ingredients. In terms of revenue, global sales of silicone based performance additives/functional ingredients currently command for nearly one-third share of the global silicone market, which is expected to witness a slight drop by 2026-end.

Competitive Landscape

Some of the prominent companies operating in the global silicone market include AGFA Healthcare, Aquilab, Carestream Health, Inc., Esaote S.P.A, General Electric Company (GE), Image Analysis, INFINITT Healthcare Co, Ltd., Koninklijke Philips N.V., Merge Healthcare Incorporated, Mim Software, Inc., Mirada Medical Limited, Sciencesoft USA Corporation, Siemens Healthineers, Toshiba Medical Systems Corporation and Xinapse Systems Ltd.

Transparency Market Research (TMR)’s report on the global market for silicone offers a detailed and elaborated overview of the ongoing trends in the market. The report commences with an executive summary comprising of market snapshot that basically provides information regarding the key trends. In this report, the reader will gain access to facts and figures pertaining to the market’s performance in key region. By conducting a thorough and in-depth analysis on the key elements of the market, which its drivers, trends, opportunities and restraints, analyst were able to reach at certain conclusions about the market. The report also offers a region-wise market attractiveness index, thereby, providing a holistic view of the current scenario of the market.

Market Taxonomy


Form Type

End User

  • North America
  • Elastomers
  • Health care
  • Latin America
  • Fluids & Emulsions
  • Automotive
  • Europe
  • Resins
  • Construction
  • Japan
  • Gels
  • Energy and Electronics
  • APEJ


  • Consumer Care
  • MEA


  • Performance Additives/Functional Ingredients



  • Others

Segmental Analysis

Based on form type, the global silicone market is segment into elastomers, fluids & emulsions, resins and gels. These key market segments have been studies taking various factors under consideration. The reader will come across the market forecast and size for each of these segments in the report. In addition, the forecast period for these segments is from 2017 to 2026, along with their respective CAGR, keeping 2016 as the base year.

Based on end-user, the global market for silicone has been segmented into health care, construction, automotive, energy and electronics, consumer care, performance, additives/functional ingredients and others. The key end user segments have been thoroughly analyzed taking account of various factors. Further, the forecast and market size of these segments have been provided in terms of US$ Mn. Considering 2016 as the base year, the report provide the compound annual growth rate (CAGR %) for each of these segments between the period 2017 and 2026.

Global Silicone Market: Regional Outlook

On the basis of region, the global silicon market has been segmented into Europe, Latin America, North America, Asia Pacific excluding Japan (APEJ) and the Middle East & Africa. The forecast and the market size for each of the key regions have been provide for the years from 2017 to 2026, along with their respective CAGRs, keeping 2016 as the base year.

Global Silicone Market: Company Profile

The report provides information on leading market player by considering elements such as financial overview, company overview, product portfolio, business strategies, and recent developments. Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Sciencesoft USA Corporation, Mim Software, Inc., Koninklijke Philips N.V., Image Analysis, Esaote S.P.A, Aquilab, AGFA Healthcare, Carestream Health, Inc., General Electric Company (GE), INFINITT Healthcare Co, Ltd., Merge Healthcare Incorporated, Mirada Medical Limited, and Siemens Healthineers are the key companies profiled in this report.

Research Methodology

TMR has applied a tested & proven research methodology to compile the report on the global silicone market, which allowed analysts to gather highly accurate data appertaining to silicone market at a global scale. The research methodology was inclusive of primary & secondary research that enable analysts to understand the global silicon market. The data obtained after using the research methodology is then validated to ensure its authenticity and to convert into credible source for the report readers.