Silicone in Personal Care Market Size was valued at USD 3.11 Bn in 2023 and is predicted to reach USD 5.15 Bn by 2031 at a 6.7% CAGR during the forecast period for 2024-2031.
Silicone in personal care refers to a group of synthetic compounds that make cosmetics and personal care items more effective, spreadable, and smooth. Their ability to hydrate and produce a protective barrier makes them perfect for use on both hair and skin. The use of silicon improves the formulae’s longevity, appearance, and ease of application. An increase in disposable income, a surge in the desire for high-quality beauty products, an ever-expanding cosmetic sector, and a general uptick in consumer spending all contribute to silicone’s meteoric rise in the personal care market.
Furthermore, silicone in the personal care industry is projected to grow and drive projections for technological advancements. Silicone in personal care is also becoming more popular as word spreads about the many health, hair, and beauty benefits it offers and the strong influence of social media advertisements and the growing middle class in underdeveloped nations, which is also growing the demand for silicone in the personal care market.
However, safety and health awareness standards still need to be improved, which slows down the silicone industry in personal care, and market regulation is also on the rise. The use of silicon in personal care products is governed by an abundance of rules, regulations, and limits enforced by the market growth. In addition, the expanding cosmetics industry primarily propelled the worldwide silicone in the personal care market. Moreover, many promising new opportunities are opening up for the market due to the widespread use of personal care products in many sectors and the growing number of skin and hair care-related concerns among consumers.
The silicone in the personal care market is segmented based on product and application. Based on product, the market is segmented into fluids, resins, blends, cross polymers, and others. By application, the market is segmented into skincare products, hair care products, cosmetics, antiperspirants & deodorants, and others.
Fluid silicones are expected to hold a major global market share in the personal care market in 2023 because of their versatility in different formulations and multifunctional effects. Because of their capacity to improve the spread-ability and feel of skincare and haircare products, as well as their lightweight and non-greasy texture, they are highly favored by both formulators and customers. In addition, sunscreens and foundations that need to last all day are perfect candidates for fluid silicones because of their water resistance and long-lasting effects.
The haircare products industry is expanding rapidly in the silicone personal care market. Because silicone provides a protective layer and smooth surface, your hair will look sleeker and more united than ever before. Moreover, the light-reflecting properties of silicone give hair a healthy sheen, making it look more attractive and glossier.
The North American silicone in the personal care market is expected to register the highest market share in revenue in the near future. It can be attributed to a strong emphasis on health and beauty, a high level of consumer knowledge, and the presence of major players in the industry who are aggressively diversifying their offerings and establishing new silicone products in this area. In addition, Asia Pacific is projected to grow rapidly in the global silicone in personal care market because of more and more women in professional roles in developing countries like India and China, who are also showing a marked increase in their interest in and expenditure on cosmetics and other personal care items. In addition, these countries’ young populations are driving demand, and their simple access to the Internet is anticipated to generate substantial potential for industry expansion in the coming years.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 3.11 Bn |
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Revenue Forecast In 2031 |
USD 5.15 Bn |
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Growth Rate CAGR |
CAGR of 6.7% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, By Application and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Wacker Chemie AG, Elkem ASA, CHT Germany GmbH, Shin-Etsu Chemical, Co., Ltd., Momentive Performance Materials Inc., Dow, Inc., BRB International B.V., DyStar Singapore Pte Ltd, Mitsubishi Shoji Chemical Corporation, Chemsil Silicones, Inc., PHOENIX CHEMICAL, INC., Jiangxi New Jiayi New Materials Co., Ltd., Thor Personal Care, AB Specialty Silicones, and Siltech Corporation. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Silicone in Personal Care Market Snapshot
Chapter 4. Global Silicone in Personal Care Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Estimates & Trend Analysis
5.1. by Product & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product:
5.2.1. Fluids
5.2.2. Resins
5.2.3. Blends
5.2.4. Cross polymers
5.2.5. Others
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Skincare products
6.2.2. Haircare products
6.2.3. Cosmetics
6.2.4. Antiperspirants & deodorants
6.2.5. Others
Chapter 7. Silicone In Personal Care Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.1.2. North America Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.1.3. North America Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.2.2. Europe Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.2.3. Europe Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.3.2. Asia-Pacific Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.3.3. Asia Pacific Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.4.2. Latin America Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.4.3. Latin America Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.5.2. Middle East & Africa Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.5.3. Middle East & Africa Silicone in Personal Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Wacker Chemie AG
8.2.2. Elkem ASA
8.2.3. CHT Germany GmbH
8.2.4. Shin-Etsu Chemical, Co., Ltd.
8.2.5. Momentive Performance Materials Inc.
8.2.6. Dow, Inc.
8.2.7. BRB International B.V.
8.2.8. DyStar Singapore Pte Ltd
8.2.9. Mitsubishi Shoji Chemical Corporation
8.2.10. Chemsil Silicones, Inc.
8.2.11. PHOENIX CHEMICAL, INC.
8.2.12. Jiangxi New Jiayi New Materials Co., Ltd.
8.2.13. Thor Personal Care
8.2.14. AB Specialty Silicones
8.2.15. Siltech Corporation
8.2.16. Other Prominent Players
Silicone in Personal Care Market- By Product
Silicone in Personal Care Market- By Application
Silicone in Personal Care Market- By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
