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Silicone Global Market Report By Growth, Trends, Key Players And Forecast 2023-2032 | CSL Silicones, Kaneka Corporation, Momentive, Elkem ASA, Gelest Inc.
Silicone Market Research
As per the silicone market report by The Business Research Company, rising demand for silicone in different industries is expected to propel the silicone market. Silicone materials are being extensively used in industries such as construction, transportation, electrical & electronics, textiles, personal care, and pharmaceuticals.
The global silicone market size will grow from $18.31 billion in 2022 to $20.75 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global silicone market size is expected to grow from $38.18 billion in 2027 at a CAGR of 16.5%.
Read More On The Silicone Market Report Here:
https://www.thebusinessresearchcompany.com/report/silicone-global-market-report
Major competitors in the Silicone market include Wacker-Chemie GmbH, CSL Silicones, Specialty Silicone Products Incorporated, Evonik Industries AG, Kaneka Corporation, Dow Corning Corporation, Momentive, Elkem ASA, and Gelest Inc.
The Silicone market is segmented -
1) By Product Type: Elastomers, Fluids, Gels, Other Product Types
2) By Application: Construction, Transportation, Electrical & Electronics, Textiles, Personal Care & Pharmaceuticals, Other Applications
3) By End Userr: Industrial, Electronics, Machinery, Aerospace, Medical
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Silicone market.
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Silicone refers to a polymer produced from siloxane and used in the manufacturing of lubricants and synthetic rubber. They are characterized by their thermal stability, hydrophobic nature, and physiological inertness. Silicone (except resins) is widely used in the medical industry to manufacture surgical implants and dental impression materials.
The Table Of Content For The Silicone Market Include:
1. Executive Summary
2. Silicone market Characteristics
3. Silicone Market - Macro Economic Scenario
4. Silicone market Size And Growth
5. Silicone market Segmentation
……
26. Africa Silicone market
27. Key Mergers And Acquisitions In The Silicone market
28. Silicone market Trends And Strategies
29. Silicone market Future Outlook and Potential Analysis
30. Appendix
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The "Global Silicone Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
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The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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