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Polydimethylsiloxane (PDMS) Market Size

  • Report ID: GMI12381
  • Published Date: Nov 2024
  • Report Format: PDF

Polydimethylsiloxane Market Size

The global polydimethylsiloxane market was valued at USD 1.8 billion in 2024 and is estimated to grow at a CAGR of over 5.5% from 2025 to 2034.

 

The global Polydimethylsiloxane industry has witnessed substantial growth, fueled by its diverse applications in sectors like automotive, electronics, construction, and healthcare. Renowned for its thermal stability, electrical insulation, flexibility, and non-toxicity, PDMS is increasingly favored as industries pivot towards high-performance materials with reduced environmental footprints. Recently, the PDMS market has been shaped by global trends emphasizing sustainability, product innovation, and stricter regulatory standards.
 

Sustainability stands out as a dominant trend in the PDMS market. With rising eco-consciousness among consumers and industries, companies are actively pursuing environmentally friendly alternatives and production methods aimed at minimizing carbon footprints. This shift has catalyzed the development of bio-based PDMS and recycling initiatives, enhancing the market's appeal to companies bolstering their green credentials.
 

Furthermore, the growing adoption of PDMS in renewable energy technologies, including solar panels and battery manufacturing, underscores its pivotal role in the clean energy movement. According to the U.S. Environmental Protection Agency (EPA), the adoption of eco-friendly materials in manufacturing increased by 15% in 2023.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for polydimethylsiloxane was valued at USD 1.8 billion in 2024 and is projected to reach USD 3.1 billion by 2034, driven by a CAGR of over 5.5% from 2025 to 2034.

The polydimethylsiloxane industry from PDMS fluids segment was valued at USD 709.9 million in 2024 and is expected to grow at a CAGR of 6.1% from 2025 to 2034.

The U.S. market was valued at USD 586.3 million in 2024 and is expected to grow at a CAGR of 6.3% during the forecast period.

Major players in the industry include Arihant Solvents and Chemicals, Chengdu Silike Technology, Dongguan City Betterly New Materials, H.N.K. Silicone Enterprise, Merck Kgaa, Momentive Performance Materials, Sandoo Pharmaceuticals And Chemicals, Thermo Fisher Scientific, Wacker Chemie, and Zhengzhou Meiya Chemical Products.

Polydimethylsiloxane Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 18
  • Pages: 200
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