Latin America's Emerging Economies Contribute to Rising...

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2025-01-28 07:00:17

Latin America's Emerging Economies Contribute to Rising Silicone Consumption

The global silicone market size was valued at USD 21.32 billion in 2023 and is projected to grow from USD 22.48 billion in 2024 to USD 33.96 billion by 2031, exhibiting a CAGR of 6.07% during the forecast period. Silicone's unique properties, including thermal stability, flexibility, and resistance to environmental factors, support its adoption across various industries. Market...

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