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Polydimethylsiloxane (PDMS) Market Trends

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

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Polydimethylsiloxane Market Trends

Product innovation has been another cornerstone trend in the PDMS market. Today's PDMS offerings feature specialized formulations tailored to industry-specific needs, such as ultra-high molecular weight variants for industrial use and biocompatible versions for the medical field. Influenced by advancements in nanotechnology and smart materials, these formulations have birthed products boasting enhanced functionalities, including self-healing, anti-corrosion, and temperature sensitivity. Such innovations have paved the way for PDMS's integration into burgeoning domains like wearable technology and advanced robotics. The National Science Foundation (NSF) reported a 12% increase in funding for nanotechnology research in 2023, further driving innovation in PDMS applications.

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.