Global Silicon Market | Drivers, Restraints, and Forecasts (2019 - 2030) By TBRC
PRNewswire is a press release distribution service. On Feb 4, 2020 released an article on the global silicone market, sourced from TBRC`S Global Silicone Market report. The global silicone market was worth $120.43 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 6.5% and reach $155.12 billion by 2023. The increasing demand for green chemicals is driving the growth of the global silicone market. The increasing stress on the use of environmentally friendly materials is positively affecting the silicone market. Silicone products are more environmentally friendly and durable than plastic products.