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 Market Size, Share & Trends Analysis Report, By Product (Fluids, Resins, Blends, Cross polymers), By Application (Skincare Products, Haircare Products, Cosmetics, Antiperspirants & Deodorants), By Region, Forecasts, 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.
| Report Attribute | Specifications |
| Market Size Value In 2023 | USD 3.11 Bn |
| Revenue Forecast In 2031 | USD 5.15 Bn |
| Growth Rate CAGR | CAGR of 6.7% from 2024 to 2031 |
| Quantitative Units | Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
| Historic Year | 2019 to 2023 |
| Forecast Year | 2024-2031 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | By Product, By Application and By Region |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
| 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. |
| Customization Scope | Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
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-
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.