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Silicone Oil is expected to grow at a CAGR of roughly 4.9% over the next five years

Among the various countries in this region, China is expected to lead the market of silicone oil, growing at the highest CAGR.
joe zheng | 15.08.2018
This report focuses on the Silicone Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Asia-Pacific held the largest share of the global silicone oil market in 2017 and is expected to continue doing so during the forecast period. Asia-Pacific is also the fastest-growing market during the forecast period. Wide-scale industrialization, growing economy, and growing population are the main reasons for this high growth rate. Many global players are entering into the region due to cheap labor, easily availability of raw material, and favorable governmental rules and regulations. Among the various countries in this region, China is expected to lead the market of silicone oil, growing at the highest CAGR. The high demand for silicone oil in the country is attributed to rapid industrialization witnessed over the past few decades.

The worldwide market for Silicone Oil is expected to grow at a CAGR of roughly 4.9% over the next five years, will reach 2230 million US$ in 2023, from 1670 million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers
    Dow Corning
    Wacker Chemie
    Shin-Etsu Chemical
    Momentive Performance Materials
    Bluestar Silicones
    ACC Silicones
    M.R. Silicone
    Iota Silicone Oil
    KCC Basildon Chemical
    Clearco Products

Market Segment by Type, covers
    Straight silicon oil
    Modified silicon oil

Market Segment by Applications, can be divided into
    Personal Care & Home Care
    Textile
    Energy
    Automotive & Transportation
    Agriculture
    Others

Request Sample Report :https://www.globalinforeport.com/global-silicone-oil-market_p64157.html

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Related Information:
United States Silicone Oil Market 2018 Forecast to 2023
Europe Silicone Oil Market 2018 Forecast to 2023
North America Silicone Oil Market 2018 Forecast to 2023
Asia-Pacific Silicone Oil Market 2018 Forecast to 2023
China Silicone Oil Market 2018 Forecast to 2023
EMEA Silicone Oil Market 2018 Forecast to 2023
Global Silicone Oil Market 2018 Forecast to 2023

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