Silicone Market: Regulatory Landscape and Impact on Industry
The report "Silicone Oil Market by End-Use Industry (Industrial, Personal Care & Homecare, Textile, Energy, Automotive & Transportation, Agriculture, Others), by Application (Lubricants Water Repellants Working Media Heat Carrier) and by Region - Global Forecast to 2020" , published by MarketsandMarkets, The global silicone market is projected to reach USD 2.41 Billion by upcoming years from estimated USD 1.78 Billion in 2014, at a CAGR of 4.85%. Increasing demand for silicone oil from the end-user industries such as personal care & home care, automotive, industrial and demand from emerging economies such as China , India , and Brazil is mainly driving the growth of the market. Silicone oil is a liquid polymer with properties like thermal stability, low viscosity, and excellent lubricity. It is used in personal care products, pharmaceuticals, textiles, industrial lubricants, electrical insulation, an...