Automotive silicone market forecast to grow through 2023

Pune, India – The automotive silicone market is projected to grow to $3.33 billion  (€2.83 billion) by 2023 at a compound annual growth rate of 7.1% , according to new market research by MarketsandMarkets.

“Automotive silicone market by type (elastomers, gels, resins, fluids), application (interior & exterior, engines, electrical), and region (APAC, Europe, North America, South America, Middle East & Africa) – global forecast to 2023” projects market growth attributed to increasing demand for automotive silicone in applications in emerging economies, according to a MarketsandMarkets release…

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