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Corporate Update

WACKER Announces Silicone Price Hike Amid Global Energy And Supply Chain Disruptions

• By  Textile Excellence
• April 01, 2026

Wacker Chemie AG will increase prices for its silicone product portfolio effective April 1, 2026, responding to escalating input costs triggered by geopolitical tensions in the Middle East. Rising prices of oil and natural gas, coupled with disrupted trade routes, have sharply increased logistics and raw material expenses across global markets.

Silicones account for nearly 50% of WACKER’s €5.5 billion annual revenue, underlining the segment’s strategic importance. The company operates over 27 production sites globally and supplies more than 2,800 silicone-based products used in textiles, automotive, electronics and construction industries.

Industry data indicates global silicone demand is growing at over 5% annually, driven by performance textiles and advanced industrial applications. Cost pressures are now expected to ripple across downstream sectors, including textile processing where silicone finishes are widely used for softness, durability and water repellence. The company is working to stabilise supply while managing cost pass through to customers.

Silicones account for nearly 50% of WACKER’s €5.5 billion annual revenue, underlining the segment’s strategic importance. The company operates over 27 production sites globally and supplies more than 2,800 silicone-based products used in textiles, automotive, electronics and construction industries.