Polysiloxane Producers and Polysiloxane Market Trend
Polysiloxane, which consists of a silicon-oxygen bond (-Si-O-Si-) as a backbone, is a product obtained by reacting silicon micronized powder with chloromethane. It is widely used in construction, chemical, medical, automotive, plastic, energy/electrical, textile, paper and other fields.
The global polysiloxane market size was 2.0 million tons in 2017, growing to 2.4 million tons in 2022, with a CAGR of 3.7% from 2017 to 2022. The global polysiloxane market size is expected to grow to 2.7 million tons in 2027, with a CAGR of 2.4% from 2022 to 2027.
Figure 2017-2027 Global Polysiloxane Market Size (Million Tons) and CAGR
Major global suppliers of polysiloxane include DOW, Wacker, Jiangxi Bluestar Xinghuo Silicones Co., Hoshine Silicon Industry Co., Zhejiang Xinan Chemical Industrial Group Co., Shin-Etsu Chemical Co., Momentive, Shandong Dongyue Organosilicon Materials Co. and Hubei Xingfa Chemicals Group Co.