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Report Overview
Latin America silicones market size attained a value of USD 262.26 Million in 2023. The market is further expected to grow at a CAGR of 3.80% between 2024 and 2032, to reach a value of USD 366.87 Million by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Latin America Silicones Market Size
Latin America silicones market attained a value of USD 262.26 million in 2023. The market is further expected to grow at a CAGR of 3.8% between 2024 and 2032, to reach a value of USD 329.58 million by 2032.
Latin America Silicones Market Report Snapshots
Latin America Silicones Market Size
Latin America Silicones Market Analysis
Latin America Silicones Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Latin America silicones market is expected to grow at a CAGR of nearly 3.80% in the forecast period of 2024-2032.
The Latin America silicones market is likely to reach a value of USD 366.87 Million by 2032.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising construction and automobile industries.
The increased crude oil production establishment in Brazil, Venezuela as well as Chile may lead to an increased use of silicone polymers and fluids during the forecast period.
Brazil, Argentina, and Mexico, among others, are the major regional markets for silicone in Latin America.
Resins, fluids, gels, and elastomers are the leading types of silicones in the industry.
The significant application segments in the market are industrial process, construction materials, home and personal care, transportation, energy, healthcare, and electronics, among others.
The leading segments in the market are D5 and emulsion.
The leading players in the market are Elkem Silicones, Wacker Chemie AG, Dow Chemical Company, Evonik Industries AG, Momentive Performance Materials Inc., and Siltech Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124