Materials & Chemicals / Simethicone Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Wacker, DowDuPont, KCC Basildon, NuSil
Simethicone Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Wacker, DowDuPont, KCC Basildon, NuSil
Registering a CAGR of 1.4% over the forecast period of 2022-2027, the global simethicone market is anticipated to reach the market value of US$ US$ 33 million in the year 2027 from US$ 29 million in the year 2020.
Simethicone Market Overview
Simethicone is a mixture of hydrated silica gel and polydimethylsiloxane. Simethicone is an orally directed anti-foaming agent which is used to reduce pain, bloating or discomfort caused by excessive gas-primarily swallowed air with small amounts of hydrogen and methane in the intestines or stomach. Limited by downstream application, manufacturers of simethicone are few. The top three manufacturers in the world for Simethicone are Wacker, Dow Corning and KCC baslidon who possess a respective market share of 38%, 32% and 9% globally. Worldwide, Simethicone production is primarily concentrated in USA, Asia and Europe. USA possesses a production market share of 40%, Europe takes up 48%, India with 3%, Japan with 6% and China with 0.5%.
Rising awareness about the side effects of anti-acid medicines coupled with the rising geriatric population base across various regions is expected to drive the market growth. In addition, increase in demand for natural products over synthetic ones is also expected to fuel the market growth.
Industry Updates:
Apr 05, 2022, WACKER Showcases Silicones for Waterless Cosmetics and Shampoo Concentrates at in-cosmetics Global.
September 01, 2017, DowDuPont™ (NYSE:DWDP) today announced the successful completion of the merger of equals between The Dow Chemical Company (“Dow”) and E.I. du Pont de Nemours & Company (“DuPont”), effective Aug. 31, 2017. The combined entity is operating as a holding company under the name “DowDuPont™” with three divisions – Agriculture, Materials Science and Specialty Products.
What are the major Applications, Types and Regions for Simethicone Market?
SimethiconeMarket is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
Simethicone (100%)
Simethicone Emulsion (30%)
Others
Market Volume (%) By Applications it is segmented into
Pharmaceutically active ingredient
Pharmaceutical excipient
Other
Simethicone Market Regional Analysis
The application segment includes tablets, capsule, liquid, and powder. In the regional section, North America is a leading market for simethicone products as compared to Europe and Asia Pacific regions. The key players in the simethicone market are Mentholatum Co., Ltd., Miwon Commercial Co., Ltd., Beecham Pharmaceuticals Ltd., GlaxoSmithKline Plc.
All these factors greatly affect the Simethicone market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Simethicone Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Simethicone Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Simethicone Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR (Value and Volume)
CAGR of 1.4% during the review period (2022 to 2027).
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
Simethicone (100%)
Simethicone Emulsion (30%)
Others
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
Pharmaceutically active ingredient
Pharmaceutical excipient
Others
Quantitative units
Revenue in USD million/billion and CAGR from 2022 to 2027
By Companies
Wacker, DowDuPont, KCC Basildon, NuSil, Shin-Etsu, RioCare India, Resil, Biomax
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Customization Available
Yes, the report can be customized as per your needs
Key Highlights from this Simethicone Report
A comprehensive backdrop analysis, which contains an assessment of the parent market
Essential changes in market dynamics.
Market segmentation up to the second or third level.
Historical, current, and projected size of the market from the standpoint of both value and volume.
Reporting and evaluation of recent industry developments.
Market shares and strategies of major players.
Emerging niche segments and regional markets.
An objective assessment of the trajectory of the market.
Recommendations to companies for strengthening their foothold in the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Simethicone Market is studied from 2017 - 2027.
What is the growth rate of Simethicone Market?
The Simethicone Market is growing at a CAGR of 1.4% over the next 5 years.
Who are the key players in Simethicone Market?
Wacker, DowDuPont, KCC Basildon, NuSil, Shin-Etsu, RioCare India, Resil, Biomax
What region does this Simethicone Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Simethicone Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
