Market revenue in 2020 | USD 6.9 million |
Market revenue in 2028 | USD 8.6 million |
Growth rate | 2.8% (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 |
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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 UK silicone in car care products market based on silicone, specialty silicones covering the revenue growth of each sub-segment from 2016 to 2028.
Automotive industry is one of the major contributors to the UK’s economy and is one of the largest manufacturing export sectors in the country, as of 2020. Automobile industry in the UK is one of the most efficient in the world, with the presence of a countrywide supply chain and one of the most productive workforces in the European region.
Thus, the presence of robust infrastructure is expected to present a growth environment for automobile sector in the UK, further driving the demand for silicone in car care products.
Horizon Databook provides a detailed overview of country-level data and insights on the UK silicone in car care products market , including forecasts for subscribers. This country databook contains high-level insights into UK silicone in car care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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