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Global PDMS Market Report and Forec...

Historical and Forecast Market Trends

2018-34

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The growing construction and manufacturing activities in the Asia Pacific and Latin America are favouring the PDMS market growth. By 2050, nearly 7 out of 10 people worldwide will reside in urban areas. The rapid urbanisation is generating demand for housing and efficient transport systems in developing countries such as China and India, contributing to the market growth.

The Asia Pacific is a prominent hub of automotive manufacturing, with the presence of leading automotive manufacturing countries such as China, Japan, India and South Korea. In the automotive industry, PDMS was used as a sealant for protecting automotive electronics such as sensors and electronic components. In 2023, China produced around 30.1 million vehicles, a 12% increase from 2022. Additionally, favourable governmental housing and public construction schemes, such as China’s Public Housing Plan and Pradhan Mantri Awas Yojana in India further aid the market growth.

New product launches support the market growth. In March 2024, Shin-Etsu Chemical Co., Ltd. (OTCMKTS: SHECY) introduced the water-based, fast-curing silicone resin “KRW-6000 Series”, that does not use emulsifiers. Since silicone resins perform exceptionally well in terms of heat and weather resistance, they are employed in applications such as paints and coatings. The KRW-6000 Series offers superior film qualities and can be heated quickly to cure. This silicone resin series' primary characteristics include water-dispersible, emulsifier-free silicone resin, low volatile organic compounds (VOCs), and rapid low-temperature curing in a brief amount of time, which lowers greenhouse gas emissions and forms high-hardness films.

Figure: Global Automotive Production (in Million Units), 2018-2023

PDMS Market

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Market Analysis by Type, Form, Application, and Region:

  • The market, on the basis of type, can be divided into low-molecular weight PDMS, high-molecular weight PDMS, and ultra-high molecular weight PDMS.
  • Based on form, the market can be divided into PDMS elastomers, PDMS fluids, and PDMS resins, among others.
  • The various applications of PDMS include industrial process, building and construction, household and personal care, transportation, electrical and electronics, and healthcare, among others.
  • The major regional markets for PDMS include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • In the construction sector, PDMS offers great waterproof performance and chemical stability to concrete and is used as a key ingredient in paints and coatings.
  • In the automotive sector, PDMS is used as a cost-effective protective coating. In 2023, global automotive manufacturing increased by 10% compared to 2022, accounting for 93.5 million units.
  • As PDMS is biocompatible and appropriate for direct tissue contact, it is highly regarded in the field of biomedical engineering.  Catheters and tubing are made of PDMS due to its flexibility and lack of reactivity. Hence, the growing healthcare sector is aiding the PDMS market expansion.
  • In the household and personal care sector, PDMS offers a silky, smooth texture to products and helps to bind the ingredients. As a result, these are employed in beauty and personal care products such as sunscreens and makeup primers.

Key Offerings of the Report:

  • The EMR report gives an overview of the global PDMS market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the types, forms, applications, and regions of PDMS.
  • It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global PDMS market are Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Avantor, Inc., Elkem Asa, and KCC Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • Application
  • Region
Breakup by Type
  • Low-Molecular Weight PDMS
  • High-Molecular Weight PDMS
  • Ultra-High Molecular Weight PDMS
Breakup by Form
  • PDMS Elastomers
  • PDMS Fluids
  • PDMS Resins
  • Others
Breakup by Application
  • Industrial Process
  • Building and Construction
  • Household and Personal Care
  • Transportation
  • Electrical and Electronics
  • Healthcare
  • Others
Breakup by Region
  • North America
  • Europe 
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Shin-Etsu Chemical Co., Ltd.
  • Wacker Chemie AG
  • Avantor, Inc.
  • Elkem Asa
  • KCC Corporation
  • Others

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