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2020 Silicone Market Overview Report By Industry Dynamics, Competitive Outlook And Global Forecast 2023

The Business Research Company’s Silicone Global Market Report 2020. The report covers market size, key players, market share and trends.

Silicone Global Market Report 2020 is one of a series of new reports from The Business Research Company that provide Silicone market overviews, analyze and forecast market size and growth for the whole market, Silicone market segments and geographies, Silicone market trends, Silicone market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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The silicone market consists of sales of silicone and related services for usage in the manufacturing of lubricants and synthetic rubber. They are characterized by thermal stability, hydrophobic nature and physiological inertness. Silicone (except resins) are widely used in the medical industry to manufacture surgical implants and dental impression materials.

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The global silicone market was worth $120.43 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 6.5% and reach $155.12 billion by 2023.

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