Global Silicones Market 2022-2028
Silicones have unique properties amongst polymers because of the simultaneous presence of organic groups attached to a chain of inorganic atoms. They are used in many industries including those devoted to electronics, paints, construction and food. The market for silicones worldwide is expected to reach USD 22,005 million by 2028, recording a CAGR of 5.4% over the forecast period as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global silicones market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the silicones industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, end user, and region. The global market for silicones can be segmented by product: elastomers, fluids, gels, resins, others. The elastomers segment is estimated to account for the largest share of the global silicones market. Silicones market is further segmented by application: coatings, emulsions, rubber, sealants and adhesives. Based on end user, the silicones market is segmented into: construction, electronics, energy, healthcare and medical, industrial processes, personal care and consumer goods, transportation, others. On the basis of region, the silicones market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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