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from Silicone Elastomers Market PPT (2022-2027): Global Trends, Scope, Demand, Opportunity and Forecast
Global Silicone Elastomers Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled " Silicone Elastomers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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," the global silicone elastomers market reached a value of US$ 7.9 Billion in 2021.
Silicone elastomers are silicone-based polymers that are compounded by combining reinforcing agents, a catalyst, and linear polymers. They offer various beneficial properties, such as absorption, tear strength, and elasticity. Other than this, these materials exhibit excellent moisture and heat resistance, weather ability, flame retardancy, and dielectric properties. Silicone elastomers are commonly available in various forms, which include open-cell foams, thermal and electrically conductive materials, closed-cell sponges, and solids. They are majorly used for electrical insulation as coated glass-fiber cloths, tapes, extruded sleeving and moldings, sheet, wire and cable coverings, and braided glass sleeving. Silicone elastomers are also used in the transportation, healthcare, automotive, and consumer products industries.
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Global Silicone Elastomers Market Trends: Silicone elastomers are silicone-based polymers that are compounded by combining reinforcing agents, a catalyst, and linear polymers. They offer various beneficial properties, such as absorption, tear strength, and elasticity. Other than this, these materials exhibit excellent moisture and heat resistance, weather ability, flame retardancy, and dielectric properties. Silicone elastomers are commonly available in various forms, which include open-cell foams, thermal and electrically conductive materials, closedcell sponges, and solids.
They are majorly used for electrical insulation as coated glass-fiber cloths, tapes, extruded sleeving and moldings, sheet, wire and cable coverings, and braided glass sleeving. Silicone elastomers are also used in the transportation, healthcare, automotive, and consumer products industries.
Looking forward, the market is projected to expand at a CAGR of 6.24% during the forecast period (2022-2027).
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