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Silicone Recycling Market Research Report 2024

04-09-2024 01:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global Silicone Recycling market was valued at US$ 55 million in 2023 and is anticipated to reach US$ 78 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-38X11503/Global_Silicone_Recycling_Market_Research_Report_2022

Silicone refers to a compound whose molecular structure contains Si-C bonds and at least one organic group is directly connected to a silicon atom. The basic raw materials for the production of organic silicon mainly include metal silicon, methanol and hydrogen chloride. Starting from silicone monomers and their intermediates, through various reactions, or adding various fillers and additives, they are further processed into various end products such as silicone oil, silicone rubber, and silicone resin.

The main manufacturers of Silicone Recycling are ECO USA, GW United Chemicals GmbH and TerraCycle, etc. The top five manufacturers account for about 80% of the share. Asia-Pacific is the largest market with about 55% share, followed by North America and Europe with more than 20% and 15% share. Physical Crushing is the largest segment with about 80% share. Industrial Waste Recycling is the largest application with a share of about 67%.

This report aims to provide a comprehensive presentation of the global market for Silicone Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Silicone Recycling.

By Type
• Physical Crushing
• Chemical Cracking

By Application
• Industrial Waste Recycling
• Post-consumer Recycling

Key Players
ECO USA, GW United Chemicals GmbH, TerraCycle, NewAge Industries, Supreme Silicones, Global Serve Pte Ltd (TGS), Silikids (Gosili), Munch Cupboard, Simple Ecology, Harmony Industries

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-38X11503/global-silicone-recycling

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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