The North America Silicone Oil Market would witness market growth of 6.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 193.2 kilo tonnes, showcasing a growth of 24.5% (2020-2023).
Silicone Oil is widely utilized in skin and hair care products for its unique properties that enhance texture and performance. In skincare, it creates a smooth, non-greasy barrier on the skin, providing hydration and a silky feel while protecting against environmental aggressors. Its lightweight nature ensures it doesn't clog pores, making it suitable for all skin types. Hence, in US, 89.5 kilo tonnes of Silicone Oil is expected to be utilized by the year 2031.
The US market dominated the North America Silicone Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,516.3 million by 2031. The Canada market is experiencing a CAGR of 8.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.7% during (2024 - 2031).
Silicon oil-based sealants and adhesives are used in the construction, automotive, aerospace, and electronics industries to seal joints, bond substrates, and encapsulate electronic components. Moreover, silicon oil serves as a release agent in manufacturing processes such as molding, casting, and extrusion to facilitate the easy removal of finished products from molds and dies. Its low surface tension and non-stick properties prevent adhesion between the product and the mold, resulting in smoother release and improved production efficiency. Rising construction activities in Canada is driving the demand for silicone oil. As per the Statistics Canada, investment in building construction rose 1.7% to $19.8 billion in November 2023. The residential sector grew 2.2% to $13.7 billion, while non-residential sector investment increased 0.4% to $6.0 billion.
Silicon oil plays a vital role in the healthcare sector, particularly in ophthalmology, where it is used as a tamponade agent in retinal detachment surgeries. Its high viscosity and refractive index make it ideal for providing long-term support to the retina post-surgery, aiding in the healing process and preventing further detachment. Additionally, due to its biocompatibility and inertness, silicon oil finds applications in medical devices such as syringe lubricants and parenteral formulations. Increasing medical device industry in India translate into higher demand for silicone oil.
With a rising demand for personal care products such as skincare, haircare, cosmetics, and toiletries in Mexico, there will be an increased consumption of silicone oil as a key ingredient in these formulations. Silicone oil is a common ingredient in many personal care products because of its soothing, softening, and conditioning qualities. As per the ITA, Mexico’s cosmetics and personal care products sector is estimated at USD 7.24 million in 2022, making it an important sub-sector of consumer goods in Mexico. The market share distribution of the cosmetics and personal care market in Mexico by segment shows that in 2022, personal care products were the most popular category (28%), followed by skincare (14%), hair care (13%), and body care (9%). Therefore, the high demand for the personal care industry and the rising medical devices sector in the region are driving the market’s growth.
Free Valuable Insights: The Silicone Oil Market is Predict to reach USD 7.4 Billion by 2031, at a CAGR of 7.0%
Based on Application, the market is segmented into Skin & Hair Care, Sealant, Textile Coating, Detergent, Chemical Intermediate, Anti-foam Agent, Release Agent, and Others. Based on Type, the market is segmented into Modified, and Straight. Based on End-user, the market is segmented into Personal Care, Chemical, Construction, Textile, Electronics, Automotive, Medical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Siltech Corporation
- The Dow Chemical Company
- Momentive Performance Materials, Inc. (Hexion, Inc.)
- Evonik Industries AG (RAG-Stiftung)
- Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
- Iota Silicone Oil (Anhui) Co., Ltd (Iota Corporation Limited)
- Wacker Chemie AG
- CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
- BRB International B.V. (PETRONAS Chemicals Group Berhad)
North America Silicone Oil Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Skin & Hair Care
- Sealant
- Textile Coating
- Detergent
- Chemical Intermediate
- Anti-foam Agent
- Release Agent
- Others
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By End-user (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Personal Care
- Chemical
- Construction
- Textile
- Electronics
- Automotive
- Medical
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Silicone Oil Market, 2020 - 2023, USD Million
TABLE 2 North America Silicone Oil Market, 2024 - 2031, USD Million
TABLE 3 North America Silicone Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America Silicone Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 5 North America Silicone Oil Market by Application, 2020 - 2023, USD Million
TABLE 6 North America Silicone Oil Market by Application, 2024 - 2031, USD Million
TABLE 7 North America Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 8 North America Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 9 North America Skin & Hair Care Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Skin & Hair Care Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Skin & Hair Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 North America Skin & Hair Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 North America Sealant Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Sealant Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Sealant Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 North America Sealant Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 North America Textile Coating Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Textile Coating Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Textile Coating Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 North America Textile Coating Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 North America Detergent Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Detergent Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Detergent Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 North America Detergent Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 North America Chemical Intermediate Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Chemical Intermediate Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Chemical Intermediate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 North America Chemical Intermediate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 North America Anti-foam Agent Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Anti-foam Agent Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Anti-foam Agent Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 North America Anti-foam Agent Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 North America Release Agent Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Release Agent Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Release Agent Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 North America Release Agent Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 North America Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 North America Silicone Oil Market by Type, 2020 - 2023, USD Million
TABLE 42 North America Silicone Oil Market by Type, 2024 - 2031, USD Million
TABLE 43 North America Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 44 North America Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 45 North America Modified Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Modified Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Modified Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 North America Modified Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 North America Straight Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Straight Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Straight Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52 North America Straight Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53 North America Silicone Oil Market by End-user, 2020 - 2023, USD Million
TABLE 54 North America Silicone Oil Market by End-user, 2024 - 2031, USD Million
TABLE 55 North America Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 56 North America Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 57 North America Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 60 North America Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 61 North America Chemical Market by Country, 2020 - 2023, USD Million
TABLE 62 North America Chemical Market by Country, 2024 - 2031, USD Million
TABLE 63 North America Chemical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 64 North America Chemical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 65 North America Construction Market by Country, 2020 - 2023, USD Million
TABLE 66 North America Construction Market by Country, 2024 - 2031, USD Million
TABLE 67 North America Construction Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 68 North America Construction Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 69 North America Textile Market by Country, 2020 - 2023, USD Million
TABLE 70 North America Textile Market by Country, 2024 - 2031, USD Million
TABLE 71 North America Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 72 North America Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 73 North America Electronics Market by Country, 2020 - 2023, USD Million
TABLE 74 North America Electronics Market by Country, 2024 - 2031, USD Million
TABLE 75 North America Electronics Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 76 North America Electronics Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 77 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 78 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 79 North America Automotive Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 80 North America Automotive Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 81 North America Medical Market by Country, 2020 - 2023, USD Million
TABLE 82 North America Medical Market by Country, 2024 - 2031, USD Million
TABLE 83 North America Medical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 84 North America Medical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 85 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 86 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 87 North America Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 88 North America Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 89 North America Silicone Oil Market by Country, 2020 - 2023, USD Million
TABLE 90 North America Silicone Oil Market by Country, 2024 - 2031, USD Million
TABLE 91 North America Silicone Oil Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 92 North America Silicone Oil Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 93 US Silicone Oil Market, 2020 - 2023, USD Million
TABLE 94 US Silicone Oil Market, 2024 - 2031, USD Million
TABLE 95 US Silicone Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 96 US Silicone Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 97 US Silicone Oil Market by Application, 2020 - 2023, USD Million
TABLE 98 US Silicone Oil Market by Application, 2024 - 2031, USD Million
TABLE 99 US Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 100 US Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 101 US Silicone Oil Market by Type, 2020 - 2023, USD Million
TABLE 102 US Silicone Oil Market by Type, 2024 - 2031, USD Million
TABLE 103 US Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 104 US Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 105 US Silicone Oil Market by End-user, 2020 - 2023, USD Million
TABLE 106 US Silicone Oil Market by End-user, 2024 - 2031, USD Million
TABLE 107 US Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 108 US Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 109 Canada Silicone Oil Market, 2020 - 2023, USD Million
TABLE 110 Canada Silicone Oil Market, 2024 - 2031, USD Million
TABLE 111 Canada Silicone Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Canada Silicone Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Canada Silicone Oil Market by Application, 2020 - 2023, USD Million
TABLE 114 Canada Silicone Oil Market by Application, 2024 - 2031, USD Million
TABLE 115 Canada Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 116 Canada Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 117 Canada Silicone Oil Market by Type, 2020 - 2023, USD Million
TABLE 118 Canada Silicone Oil Market by Type, 2024 - 2031, USD Million
TABLE 119 Canada Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 120 Canada Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 121 Canada Silicone Oil Market by End-user, 2020 - 2023, USD Million
TABLE 122 Canada Silicone Oil Market by End-user, 2024 - 2031, USD Million
TABLE 123 Canada Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 124 Canada Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 125 Mexico Silicone Oil Market, 2020 - 2023, USD Million
TABLE 126 Mexico Silicone Oil Market, 2024 - 2031, USD Million
TABLE 127 Mexico Silicone Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 128 Mexico Silicone Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 129 Mexico Silicone Oil Market by Application, 2020 - 2023, USD Million
TABLE 130 Mexico Silicone Oil Market by Application, 2024 - 2031, USD Million
TABLE 131 Mexico Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132 Mexico Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 133 Mexico Silicone Oil Market by Type, 2020 - 2023, USD Million
TABLE 134 Mexico Silicone Oil Market by Type, 2024 - 2031, USD Million
TABLE 135 Mexico Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 136 Mexico Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 137 Mexico Silicone Oil Market by End-user, 2020 - 2023, USD Million
TABLE 138 Mexico Silicone Oil Market by End-user, 2024 - 2031, USD Million
TABLE 139 Mexico Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 140 Mexico Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 141 Rest of North America Silicone Oil Market, 2020 - 2023, USD Million
TABLE 142 Rest of North America Silicone Oil Market, 2024 - 2031, USD Million
TABLE 143 Rest of North America Silicone Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 144 Rest of North America Silicone Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 145 Rest of North America Silicone Oil Market by Application, 2020 - 2023, USD Million
TABLE 146 Rest of North America Silicone Oil Market by Application, 2024 - 2031, USD Million
TABLE 147 Rest of North America Silicone Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 148 Rest of North America Silicone Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 149 Rest of North America Silicone Oil Market by Type, 2020 - 2023, USD Million
TABLE 150 Rest of North America Silicone Oil Market by Type, 2024 - 2031, USD Million
TABLE 151 Rest of North America Silicone Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 152 Rest of North America Silicone Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 153 Rest of North America Silicone Oil Market by End-user, 2020 - 2023, USD Million
TABLE 154 Rest of North America Silicone Oil Market by End-user, 2024 - 2031, USD Million
TABLE 155 Rest of North America Silicone Oil Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 156 Rest of North America Silicone Oil Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 157 Key Information – Siltech Corporation
TABLE 158 Key Information – Iota Silicone Oil (Anhui) Co., Ltd
TABLE 159 Key Information – The Dow Chemical Company
TABLE 160 Key Information – Momentive Performance Materials, Inc.
TABLE 161 Key Information – Evonik Industries AG
TABLE 162 Key information – Elkem ASA
TABLE 163 Key Information – Wacker Chemie AG
TABLE 164 Key Information – CHT Germany GmbH
TABLE 165 Key Information – BRB International B.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Silicone Oil Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Silicone Oil Market
FIG 4 Porter’s Five Forces Analysis – Silicone Oil Market
FIG 5 North America Silicone Oil Market share by Application, 2023
FIG 6 North America Silicone Oil Market share by Application, 2031
FIG 7 North America Silicone Oil Market by Application, 2020 - 2031, USD Million
FIG 8 North America Silicone Oil Market share by Type, 2023
FIG 9 North America Silicone Oil Market share by Type, 2031
FIG 10 North America Silicone Oil Market by Type, 2020 - 2031, USD Million
FIG 11 North America Silicone Oil Market share by End-user, 2023
FIG 12 North America Silicone Oil Market share by End-user, 2031
FIG 13 North America Silicone Oil Market by End-user, 2020 - 2031, USD Million
FIG 14 North America Silicone Oil Market share by Country, 2023
FIG 15 North America Silicone Oil Market share by Country, 2031
FIG 16 North America Silicone Oil Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: The Dow Chemical Company
FIG 18 SWOT Analysis: Momentive Performance Materials, Inc.
FIG 19 SWOT Analysis: Evonik Industries AG
FIG 20 SWOT Analysis: Elkem ASA
FIG 21 Swot Analysis: Wacker Chemie AG
FIG 22 Swot Analysis: CHT Germany GmbH