Global Siloxane Market Revenue Will Reach $9.94 Billion in 2023

Siloxane is a chain-like compound composed of silicon and oxygen atoms and is also an important organic silicon compound. Siloxane is a liquid at room temperature and has high volatility, so it can be used as a substitute for silicone in many applications.

Siloxanes have unique physical and chemical properties, making them widely used in fields such as architecture, electronics, medicine, and cosmetics. Especially in the field of construction, siloxanes are used in waterproofing materials, sealing materials, insulation materials, and other aspects. In addition, with the rapid development of the electronics industry, the demand for siloxanes in electronic packaging, circuit board manufacturing, and other areas is also increasing.

Analysis of the Global Siloxane Segmentation Market

According to different structural properties, siloxanes can usually be divided into several categories, including hexamethylcyclotrisiloxane (D3), octamethylcyclotetrasiloxane (D4), decamethylcyclopentasiloxane (D5), and hexamethyldisiiloxane (HMDSO). Among them, octamethylcyclotetrasiloxane (D4) holds the highest market share. According to our research data, the global consumption of D4 is estimated to be 1125.7k tons in 2023, accounting for 38.87% of the total global consumption of siloxane; The estimated revenue of this segmented market is $3661 million, with an estimated market share of 36.83%.

Siloxane Sales Volume, Proportion, Revenue, and Share Forecast by Type in 2023

Source: www.globalmarketmonitor.com