Monday, June 19, 2023

 Silicone (DMC) or Dimethylcyclosiloxane [(CH3)2SiO]n, (n=3,4,5,6,7) is a colourless and transparent oily liquid which is mainly used to make silicone rubber and oil. The key raw material is found in different viscosity series ranging from low, medium, to high.

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Its molecular structure comprises hexamethyl cyclotrisiloxane (D3), decamethylcyclopentasiloxane (D5), octamethylcyclotetrasiloxane (D4), and Dodecamethyl cyclohexasiloxane (D6).

Key Details About the Silicone (DMC) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Silicone (DMC) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Silicone (DMC) Price analysis, including India Silicone (DMC) price, USA Silicone (DMC) price, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Read Also - https://procurementresource.blogspot.com/2023/06/sodium-metabisulfite-prices.html

Industrial Uses Impacting Silicone (DMC) Price Trend:

Price Trend

Silicone (DMC) is primarily used as a feedstock in the production of silicone rubber and silicone oil production which is the main driver boosting the market demand. These products made using DMC can undergo further processing to create many altered silicone rubber and silicone oil with excellent resistance to low and high temperatures and insulation. It is employed in ring-opening polymerization and resins with different polymerization degrees that can be processed into other products and employed in end-user industries like food, textiles, electronics, automotive, construction, personal care, machining etc. Furthermore, it is used to handle silicone rubber packing and cosmetics. Also, Silicone resin's derivatives find use as stabilizers or thickening agents and suspending agents, which furthers the market expansion.

Key Players:

  • Dow Corning
  • Wacker
  • Elkem Silicones
  • Shin Etsu
  • KCC
  • Dongyue Group
  • Xinan
  • Sucon
  • Hoshine
  • Jinling
  • Sanyou
  • Xingfa
  • Sanjia
  • Guifeng
  • Humbot

News & Recent Development

  • 29th May 2023- In the week of May 22-26, the domestic market for silicone DMC saw a slight decline. On 26th May 2023, the silicone DMC domestic market reference price stood at 14,360 RMB/ton, which was 14,400 RMB/ton on 22nd May, falling by 40 RMB/ton (by 0.55%).

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Reference Link - https://theprocurementexpert.com/silicone-dmc-prices-trend/

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