UAE Silicone In Car Care Products Market Size & Outlook
UAE silicone in car care products market, 2016-2028 (US$M)
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UAE silicone in car care products market highlights
- The UAE silicone in car care products market generated a revenue of USD 0.4 million in 2020 and is expected to reach USD 0.5 million by 2028.
- The UAE market is expected to grow at a CAGR of 2.5% 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 0.4 million |
| Market revenue in 2028 | USD 0.5 million |
| Growth rate | 2.5% (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, UAE accounted for 0.2% 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 Middle East & Africa, Saudi Arabia silicone in car care products market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.5 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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UAE 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 75% in 2020. Horizon Databook has segmented the UAE silicone in car care products market based on silicone, specialty silicones covering the revenue growth of each sub-segment from 2016 to 2028.
The sale of passenger cars and premium-class cars in the U.A.E. has witnessed growth in the past few years owing to the increasing demand from consumers. High disposable income and growing demand for premium & luxury cars in the country are expected to further augment the growth of automotive industry, in turn, boosting the demand for silicone in car care products over the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE silicone in car care products market , including forecasts for subscribers. This country databook contains high-level insights into UAE silicone in car care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UAE silicone in car care products market size, by product, 2016-2028 (US$M)
UAE Silicone In Car Care Products Market Outlook Share, 2020 & 2028 (US$M)
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