Siloxane Copolymer Lubricants Market: Introduction
- Siloxanes or silicones are saturated silicone-oxygen hydrides used as sealants in various industrial applications. Siloxanes are chain polymers made up of a silicon-oxygen-silicon backbone with organic side chains attached to each silicon atom.
- Siloxane polymers possess exceptional physical, chemical, and electrical properties. Due to these properties, silicones are used as lubricants in a PDMS compound form and also known as non-curing sealant/vacuum grease.
- Siloxane copolymer lubricants offer unique properties such as low surface tension, better application lifespan through high thermal and oxidation stability, and resistance against corrosion and chemicals. Their lubricity properties such as surface heat and friction reduction make them superior lubricants compared to other conventional products.
- Siloxane copolymer lubricants are also compatible with most of the plastics and elastomers. However, they are suitable for high temperature range and offer lubricity at high temperature without affecting the performance at lower temperature.
- Copolymers such as Phenyl Methyl Silicone and Fluorosilicone are used as raw materials to manufacture siloxane copolymer lubricants. Combination product of these copolymers offers enhanced thermal stability and wear resistance.
- Siloxane copolymer lubricants are economical alternative for many applications compared to other lubricant products such as PTFE, Li- and Li-complex soaps, and Polyurea
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Rise in Demand for Maintenance Services for Various Automotive Parts to Drive Global Siloxane Copolymer Lubricants Market
- Increase in demand for lightweight vehicles and other heavy commercial vehicles across the globe is anticipated to boost the demand for maintenance services for various vehicle parts. This is a key factor driving the global siloxane copolymer lubricants market.
- Regular maintenance of machinery, reduced downtime, and lower operation cost are expected to propel the siloxane copolymer lubricants market during the forecast period
- Use of alternative lubricants such as PTFE and perfluoropolyether is a key factor expected to restrain the siloxane copolymer lubricants market in the near future
Phenyl-Fluoro-silicone (PFPE) Segment to Offer Lucrative Opportunities
- Based on raw material, the market is segmented into Dimethyl Silicone (PDMS), Phenyl Methyl Silicone (PMPS), Fluorosilicone (FA), and Phenyl-Fluoro-silicone (PFPE)
- Flourosilicone based lubricants offer properties such as resistance against heavy loads and harsh environment. Moreover, they withstand against high and low temperatures. Phenyl Methyl Silicone based lubricants offer thermal and oxidation stability.
- Phenyl-Fluoro-silicone (PEPF) based lubricants are combination of both and offer wear resistance, improved lubricity, and higher thermal stability. These lubricants are a cost-effective solution for wide temperature range.
Automotive Segment to Hold Significant Share of Global Siloxane Copolymer Lubricants Market
- Based on application, the siloxane copolymer lubricants market is segmented into high temperature bearings, automotive, tire molding, metal processing, injection molding equipment, and others
- Automotive is expected to be major application segment followed by tire molding and metal processing. Siloxane copolymer lubricants are widely utilized in the automotive industry due to wear resistance properties.
- Expansion of metal processing industry in developing countries is expected to offer lucrative opportunities for global siloxane copolymer lubricants market
Asia Pacific to Hold Significant Share of Global Siloxane Copolymer Lubricants Market
- In terms of region, the global siloxane copolymer lubricants market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- Asia Pacific is estimated to account for prominent share of the global siloxane copolymer lubricants market, followed by Europe and North America
- Siloxane copolymer lubricants are majorly used in metal processing and automotive industries. China has one of the largest metal processing industry along with the largest consumption of automotive and other machinery. This factor is anticipated to boost the siloxane copolymer lubricants market in Asia Pacific during the forecast period.
- The market in Latin America and Middle East & Africa is expected to exhibit sluggish growth rate compared to other regions
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Key Players in Siloxane Copolymer Lubricants Market
The global siloxane copolymer lubricants market is anticipated to remain consolidated during the forecast period due to small number of market players. In order to gain major share in the market, companies are focusing on research & development activities for new technology and product development. Market players are expanding existing product portfolio through development of customized products.
Key players operating in the siloxane copolymer lubricants market include:
- Dow DuPont
- Idemitsu Kosan
Global Siloxane Copolymer Lubricants Market: Research Scope
Global Siloxane Copolymer Lubricants Market, by Row Material
- Dimethyl Silicone (PDMS)
- Phenyl Methyl Silicone (PMPS)
- Fluorosilicone (FA)
- Phenyl-Fluoro-silicone (PFPE)
Global Siloxane Copolymer Lubricants Market, by Application
- High Temperature Bearings
- Tire Molding
- Metal processing
- Injection Molding Equipment
- Others (Carton Board Manufacturing, Oil & Gas, Textile, Pulp & Paper, Food Processing, etc.)
Global Siloxane Copolymer Lubricants Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.