Italy Silicone In Car Care Products Market Size & Outlook
Italy silicone in car care products market, 2016-2028 (US$M)
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Italy silicone in car care products market highlights
- The Italy silicone in car care products market generated a revenue of USD 5.4 million in 2020 and is expected to reach USD 7.1 million by 2028.
- The Italy market is expected to grow at a CAGR of 3.4% from 2021 to 2028.
- In terms of segment, specialty silicones was the largest revenue generating product in 2020.
- Specialty Silicones is the most lucrative product segment registering the fastest growth during the forecast period.
Silicone in car care products market data book summary
| Market revenue in 2020 | USD 5.4 million |
| Market revenue in 2028 | USD 7.1 million |
| Growth rate | 3.4% (CAGR from 2020 to 2028) |
| Largest segment | Specialty silicones |
| Fastest growing segment | Specialty Silicones |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone, Specialty Silicones |
| Key market players worldwide | 3M Co, CHT Group, Evonik Industries AG, Dow Inc, Momentive, Henkel AG & Co KGaA, Sonax, Wacker Chemie AG, Shin-Etsu Chemical Co Ltd, Energizer Holdings Inc, MA-FRA, Liqui Moly |
Other key industry trends
- In terms of revenue, Italy accounted for 2.5% of the global silicone in car care products market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany silicone in car care products market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 16.5 million by 2028.
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Silicone In Car Care Products Market Scope
Silicone In Car Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy silicone in car care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicone in car care products market will help companies and investors design strategic landscapes.
Specialty silicones was the largest segment with a revenue share of 66.67% in 2020. Horizon Databook has segmented the Italy silicone in car care products market based on silicone, specialty silicones covering the revenue growth of each sub-segment from 2016 to 2028.
Italy silicone in car care products market is expected to grow at a high pace over the forecast period owing to the expected growth in automobile sales in the country. Italy stands fourth, in terms of automotive production, in the European region, after Germany, the UK, and France.
The aftermarket sales of car care products in the country are majorly for passenger cars and luxury cars, which is expected to support the growth of the silicone in car care products market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy silicone in car care products market , including forecasts for subscribers. This country databook contains high-level insights into Italy silicone in car care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy silicone in car care products market size, by product, 2016-2028 (US$M)
Italy Silicone In Car Care Products Market Outlook Share, 2020 & 2028 (US$M)
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