Asia-Pacific Spearheads Silicones Market and Accounts for Over Half of Global Market that is Projected to Exceed 3 Million Metric Tons by 2025 - Market Report (2019-2025) by Industry Experts, Inc.
The new global market research report on Silicones is published by one of the prominent market research companies, Industry Experts Inc. The new report entitled " Global Silicones Market – Products and Applications " estimates the past and current market along with future demand forecast for global and major regional markets. Versatile features of silicones make them ideal materials for the use in number of diverse applications including construction, electrical & electronics, energy, transportation, personal care, paper & textiles and others comprising healthcare. Silicones demand growth is primarily attributed by their increasing usage in construction applications globally, also the high demand for applications in transportation, healthcare and new energy sectors. Construction sector leads the global volume market for silicones, forecast to be 639 thousand metric tons valued at US$3.4 billion in 2019, which is projected to reach 823 thousand metric tons by 2025...