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Market Outlook

The global silicones market grew at a CAGR of around 5% in the period 2015-2019. The healthy growth of the global silicones market has aided the Europe silicone market, which is expected to reach 1.1 million metric tons by 2025. The Europe Silicones market is driven by a growth in the demand for lightweight silicones in the transportation and the automobile sector.

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