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Stock impact report

Silicones Market Positioned for Significant Growth, Expected to Reach $23.3 Billion by 2029 [Yahoo! Finance]

Innospec Inc. (IOSP) 
Last innospec inc. earnings: 8/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: innospecinc.com/investor-relations
Company Research Source: Yahoo! Finance
BCC Research Study Projects 6.0% CAGR, with Market Growth from $17.4 Billion in 2024 to $23.3 Billion by 2029. BOSTON Sept. 24, 2024 /PRNewswire/ -- "According to the latest BCC Research study, the demand for " Silicones: Global Markets is expected to grow from $17.4 billion in 2024 and is projected to reach $23.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.0% during the forecast period of 2024 to 2029." The report provides an in-depth analysis of the global silicone market, focusing on its wide-ranging industrial applications in sectors such as transportation, construction, personal care, energy, healthcare, and electronics. It examines critical parameters evaluated by industries and regulatory bodies, given the ongoing advancements and expansions within these sectors. BCC Research has segmented the silicone market by product form—silicone elastomers, fluids, resins, gels, and others—and by end-use industries, including industrial processes, construct Show less Read more
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