Surge in demand for silicone across various end-user industries and increase in adoption of waterborne coatings supplement the growth of the global silicone market. Based on geography, the Asia-Pacific region contributed the largest share in 2018. Based on end user the building & construction segment accounted for the highest market share in 2018. The global …
Tag Archives: Silicone Industry
Silicone Market Growth Outlook Seems Modest With a CAGR of 22.5% During 2019-2026
The global silicone industry market was estimated at $18.2 billion in 2018 and is anticipated to register $91.4 billion by 2026, registering a CAGR of 22.5% during the forecast period. Drivers, restraints & opportunities- Increase in demand for silicone across various end-user industries and rise in adoption of waterborne coatings fuel the growth of the global silicone market. On the …
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