France Silicone Market Size & Outlook, 2022-2030
France silicone market, 2019-2030 (US$Ms)
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France silicone market highlights
- The France silicone market generated a revenue of USD 660.5 millions in 2022 and is expected to reach USD 1,042.2 millions by 2030.
- The France market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, elastomers was the largest revenue generating product in 2022.
- Gels is the most lucrative product segment registering the fastest growth during the forecast period.
Silicone market data book summary
| Market revenue in 2022 | USD 660.5 millions |
| Market revenue in 2030 | USD 1,042.2 millions |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Elastomers |
| Fastest growing segment | Gels |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Fluids, Gels, Resins, Elastomers |
| Key market players worldwide | Shin-Etsu Chemical Co Ltd, Wacker Chemie AG, Illinois Tool Works Inc, Evonik Industries AG, CK Hutchison Holdings Ltd, Kemira Oyj, Dow Inc, Elkem ASA Ordinary Shares |
Other key industry trends
- In terms of revenue, France accounted for 3.3% of the global silicone market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany silicone market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 864.1 millions by 2030.
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Silicone Market Scope
Silicone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France silicone 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 market will help companies and investors design strategic landscapes.
Elastomers was the largest segment with a revenue share of 41.97% in 2022. Horizon Databook has segmented the France silicone market based on fluids, gels, resins, elastomers covering the revenue growth of each sub-segment from 2019 to 2030.
France has been witnessing ambitious energy transition under the Energy and Climate Change Law 2019 by designing a planning framework for energy investment, carbon budgets, national low-carbon strategy, and carbon price trajectory.
The country is planning to minimize the share of nuclear power by up to 50% in the electricity mix by 2035. Such government initiatives are likely to create a broad platform for private as well as public companies to invest in the high potential renewable energy sector in the country.
According to a report published by the French renewable association SER, in 2019, the country’s installed PV capacity grew by 890 MW, a 7.8% increase in electricity generation from solar as compared to that in 2018. Similar growth has been seen in electricity generation from wind energy.
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Our clientele includes a mix of silicone market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France silicone market , including forecasts for subscribers. This country databook contains high-level insights into France silicone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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France silicone market size, by product, 2019-2030 (US$Ms)
France Silicone Market Outlook Share, 2022 & 2030 (US$Ms)
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