| Product Code: ETC4483225 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s silicone oil import market continued to see substantial growth in 2024, with a remarkable Compound Annual Growth Rate (CAGR) of 21.21% from 2020 to 2024. The top exporting countries to India, including China, Thailand, USA, Germany, and UK, have played a significant role in meeting the demand. Despite the diverse sources, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high in 2024. The impressive growth rate of 23.09% from 2023 to 2024 indicates a strong momentum in the market, suggesting a favorable outlook for the silicone oil import sector in India.
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The silicone oil market in India has seen substantial growth, driven by its versatile applications across various industries. Silicone oils are used in cosmetics, pharmaceuticals, textiles, and automotive products due to their unique properties such as heat resistance, lubricity, and biocompatibility. As India manufacturing sector expands, the demand for silicone oils in industrial applications is increasing. Moreover, the cosmetics and personal care industry in India has also witnessed remarkable growth, further boosting the silicone oil market.
The India silicone oil market is experiencing growth due to its versatile applications in various industries, including automotive, healthcare, and personal care. Silicone oils are known for their stability and resistance to high temperatures, making them an ideal choice for lubricants, cosmetics, and medical devices. The market is further propelled by innovations in silicone-based products and an increasing focus on research and development.
The India Silicone Oil market grapples with challenges concerning quality, competition, and market diversification. Ensuring consistent product quality is crucial in industries such as cosmetics and healthcare, which rely on silicone oils. Intense competition and the entry of new players can affect market dynamics and pricing. Additionally, diversifying the use of silicone oils and finding new applications remain an ongoing challenge.
The India Silicone Oil market demonstrated resilience during the pandemic, with demand sustained by applications in healthcare, personal care products, and various industrial processes. The market adapted to the changing consumer preferences and safety measures.
The India silicone oil market comprises several prominent players, including Dow Inc., Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Momentive Performance Materials Inc., Elkay Chemicals Pvt. Ltd., Supreme Silicones, and Resil Chemicals Pvt. Ltd. These companies are known for their extensive product portfolios and research and development efforts in silicone-based products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Silicone Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Silicone Oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Silicone Oil Market - Industry Life Cycle |
3.4 India Silicone Oil Market - Porter's Five Forces |
3.5 India Silicone Oil Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.6 India Silicone Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Silicone Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as healthcare, personal care, and automotive. |
4.2.2 Growth in the construction sector leading to higher demand for silicone oil-based products. |
4.2.3 Rising awareness about the benefits of silicone oil over traditional products. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Stringent regulations regarding the use of silicone oil in certain applications. |
4.3.3 Competition from alternative products in the market. |
5 India Silicone Oil Market Trends |
6 India Silicone Oil Market, By Types |
6.1 India Silicone Oil Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 India Silicone Oil Market Revenues & Volume, By End Use Industry, 2021-2031F |
6.1.3 India Silicone Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 India Silicone Oil Market Revenues & Volume, By Personal Care & Homecare, 2021-2031F |
6.1.5 India Silicone Oil Market Revenues & Volume, By Textile, 2021-2031F |
6.1.6 India Silicone Oil Market Revenues & Volume, By Energy, 2021-2031F |
6.1.7 India Silicone Oil Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.1.8 India Silicone Oil Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2 India Silicone Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Silicone Oil Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.3 India Silicone Oil Market Revenues & Volume, By Water Repellants, 2021-2031F |
6.2.4 India Silicone Oil Market Revenues & Volume, By Working Media, 2021-2031F |
6.2.5 India Silicone Oil Market Revenues & Volume, By Heat Carrier, 2021-2031F |
7 India Silicone Oil Market Import-Export Trade Statistics |
7.1 India Silicone Oil Market Export to Major Countries |
7.2 India Silicone Oil Market Imports from Major Countries |
8 India Silicone Oil Market Key Performance Indicators |
8.1 Research and development investment in silicone oil-based products. |
8.2 Number of patents filed for silicone oil innovations. |
8.3 Adoption rate of silicone oil in new applications. |
8.4 Number of partnerships and collaborations in the silicone oil market. |
8.5 Environmental impact assessment of silicone oil production processes. |
9 India Silicone Oil Market - Opportunity Assessment |
9.1 India Silicone Oil Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.2 India Silicone Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Silicone Oil Market - Competitive Landscape |
10.1 India Silicone Oil Market Revenue Share, By Companies, 2024 |
10.2 India Silicone Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |