Top Silicone Gel Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Silicone Gel Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Silicone Gel industry players.

Silicone Gel Market Competitive Landscape

The global silicone gel market is represented by a moderate degree of concentration. Shin-Etsu Chemical, Dow Inc., Elkem ASA, Momentive Performance Materials, and Wacker Chemie AG are the companies that enjoy the largest market share. For the treatment of scars that are subject to long-term use, Elkem introduced Silbione RT Gel in 2024. New entrants, including BluSil (India) and MediGel (United States), are coming in with products that are both patient-specific and good for the environment. There has been an increase in the level of strategic partnerships; Wacker collaborated with Korean electronics companies to manufacture gel-based electromagnetic interference shielding for foldable phones in 2025.

  • Stasher: Stasher was founded in 2015 as a sustainable silicone storage solution. The American company Stasher is behind the invention of reusable silicone storage bags with the aim of limiting the volume of waste created by plastic. Stasher's products, crafted from platinum-grade silicone, offer a substitute for disposable plastic bags that are not only eco-friendly but also heat-resistant and pliable. Furthermore, the company's innovations help drive increased consumer awareness and demand for high-performance silicone materials, thereby helping indirectly increase the silicone gel business. Moreover, its market reach and scalability were also enhanced as a consequence of its acquisition by S.C. Johnson in 2019.
  • Moxie Beauty: Moxie Beauty, founded in 2022, is a lightweight hair product with silicone. It is a modern Indian personal care company, and its products are designed with scientific reasoning behind them, and they are designed to meet the requirements of haircare. Moxie manufactures conditioners and serums with light-weight silicone compounds. They offer frizz protection, smoothness, and thermal protection for the hair. Moxie is driving demand by highlighting the utilitarian value of silicone formulations. This is driving the incorporation of silicone formulations into consumer cosmetics in South Asia's growing personal care industry.

Top Player’s Company Profile

  • Dow Inc.
  • Elkem ASA
  • Momentive Performance Materials Inc.
  • Wacker Chemie AG
  • Shin-Etsu Chemical Co., Ltd.
  • Bluestar Silicones (a division of Elkem)
  • Nusil Technology LLC
  • Henkel AG & Co. KGaA
  • Siltech Corporation
  • Applied Silicone Corporation
  • Polymer Systems Technology Limited
  • Avantor, Inc.
  • KCC Corporation
  • Jiangsu Mingzhu Silicone Rubber Material Co., Ltd.

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Global Silicone Gel Market size was valued at USD 2.78 Billion in 2024 and is poised to grow from USD 2.97 Billion in 2025 to USD 5.07 Billion by 2033, growing at a CAGR of 6.9% during the forecast period (2026–2033). 

The global silicone gel market is represented by a moderate degree of concentration. Shin-Etsu Chemical, Dow Inc., Elkem ASA, Momentive Performance Materials, and Wacker Chemie AG are the companies that enjoy the largest market share. For the treatment of scars that are subject to long-term use, Elkem introduced Silbione RT Gel in 2024. New entrants, including BluSil (India) and MediGel (United States), are coming in with products that are both patient-specific and good for the environment. There has been an increase in the level of strategic partnerships; Wacker collaborated with Korean electronics companies to manufacture gel-based electromagnetic interference shielding for foldable phones in 2025. 'Dow Inc. (USA) ', 'Wacker Chemie AG (Germany) ', 'Momentive Performance Materials Inc. (USA) ', 'Shin-Etsu Chemical Co., Ltd. (Japan) ', 'Elkem ASA (Norway) ', 'Gelest Inc. (USA) ', 'Specialty Silicone Products, Inc. (USA) ', 'KCC Corporation (South Korea) ', 'Bluestar Silicones (France) ', 'Applied Silicone Corporation (USA) ', 'CHT Group (Germany) ', 'Siltech Corporation (Canada) ', 'Kaneka Corporation (Japan) '

Demand for silicone gel products that are utilized to control scars is being driven by the rising cases of surgeries, burns, and chronic wounds that are taking place all over the globe. Silicone sheets and gels are highly demanded as it has been found that they significantly lower the development of scars and enhance the healing process without requiring any invasive surgical techniques. The global silicone gel market share is expected to grow further, especially considering the growing awareness among people in areas like plastic surgery and dermatology.

Rising Demand for Wearable Electronic Devices and Medical Patches: Silicone gels are increasingly finding applications in medical patches and wearable electronics because of their flexibility, biocompatibility, and tendency to stick to the skin. It is because silicone gels are capable of staying in contact with the skin for a considerable amount of time without irritating the skin that they are ideal for incorporation in cosmetic patches, drug delivery systems, and medical monitoring devices. Within the context of these recently created tech-integrated medical products, the use of soft silicone gels is being driven by the increasing incidence of remote medicine and customized well-being solutions around the globe.

In 2024, Asia-Pacific is the most powerful region in the market, with over 35% of the overall consumption globally. The large-scale production of electronic products in China, South Korea, and Japan, and the growth of healthcare available in India and Southeast Asia, are respectively the causes of this phenomenon. With increasing demand for soft tissue implants and scar treatments, the sales of silicone gel of medical grade increased in parallel. In the post-pandemic period, local demand was driven by digital health initiatives set up by the government and by device production within the region.

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Global Silicone Gel Market
Silicone Gel Market

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