Product
Siloxanes Price Trend and Forecast
Siloxanes Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Siloxanes in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Siloxanes Price Trend for the Second Half of 2022
Asia
The Asian Pacific region saw a decline in siloxane prices as the demand from the downstream industries and overseas contributors decreased in the said period. The declining trend in the prices of siloxane was also majorly due to the oversupply of the product in the market. The domestic consumption in the region further remained low due to disruptions caused by covid regulations in the region. Ample supply, declining demand, and uncertainties in the market led to a decline in the price trend of siloxanes such as dimethylcyclosiloxane.
Europe
The European region also saw a declining price trend of siloxanes and their derivatives. The region experienced the ripple effects of the ongoing Russia-Ukraine war, and thus the prices took a soaring hit. The high inflationary rates and low energy prices kept the prices in check during the fourth quarter, however, towards the end month the prices of siloxanes increased due to the sudden increase in demand from the international market and surge in the energy prices contrary to the previous trend.
North America
The North American market of siloxanes witnessed a low demand from the downstream industries and thus, the level of inventories surged in the region. The production of siloxanes took a major hit in the region as the producers opted for supply cuts to control the rising levels of stockpiles. A significant cut in the profit margins and disruptions in the demand dynamics of the region further fueled the dip in the prices of siloxanes and their derivatives. The pessimistic momentum of the market, firm demand, and rising interest rates, all contributed negatively to the price trends of the siloxane market.
Analyst Insight
According to Procurement Resource, the price trends for siloxanes are expected to decline in the upcoming quarter. The decline will be majorly due to weak economic conditions, decreased demand from both the domestic and international sectors, and a rise in inventories.
Siloxanes Price Trends For the First Half of 2022
At the beginning of the said year, the prices of dimethylcyclosiloxane (DMC) averaged 23900 RMB/MT. However, with the complex economic and political conditions that ensued in the Russia-Ukraine war, the price of siloxanes surged globally. In China due to the low inventories and resurgence of covid-19, the prices of DMC inclined. The high quotations by the manufacturers were supported by the downstream demand for stocking DMC causing the prices of DMC to average 37000-39500 RMB/MT in March 2022.
However, soon the prices began to decline because of the expensive logistics and trade bottlenecks. The cautious wait-and-see buyers’ attitude amid the rising speculations of recession and dwindling demand cause the prices of DMC to decline. The price trends for siloxanes recorded a downward trend for the second quarter with prices of DMC averaging 21200 RMB/MT in June 2022.
Procurement Resource provides latest prices of Siloxanes. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
A siloxane is a functional group in the chemistry of organosilicon. The oligomeric and polymeric hydrides are constituents of the parent siloxanes. Additionally, siloxanes include branching compounds, which may be identified by the fact that each pair of silicon centres is separated from another by one oxygen atom. Siloxanes are categorised as linear or cyclic volatile methyl siloxanes, polydimethylsiloxanes, or PDMS, or polyethermethylsiloxanes, or PEMS, based on their molecular weights.
Product Details
| Report Features | Details |
| Product Name | Siloxanes |
| Industrial Uses | used to fabricate polymer, Production of skin care creams, Production of adhesives |
| HS CODE | 31900010 |
| Supplier Database | The Dow Chemical Company, Evonik Industries AG, Elkem ASA, Shin-Etsu Chemical Co, Ltd., Momentive, KCC Corporation, Wacker Chemie AG |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Siloxanes via Dimethyldichlorosilane Hydrolysis
It is created utilising the dimethyldichlorosilane method. Polydimethylsiloxane and cyclic dimethylsiloxanes are produced as a result of the dichloride's hydrolysis. The cyclic siloxanes, including Octamethylcyclotetrasiloxane, are removed from the mixture by distillation. A more volatile cyclic siloxane is produced by equilibrating the combination of the polymer and ring with strong bases like KOH.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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