Silicone Elastomers Market Forecasted to Reach $15.1 Billion by 2031

According to this latest publication from Meticulous Research®, the silicone elastomers market is projected to reach $15.1 billion by 2031, at a CAGR of 7.9% from 2024–2031. The growth of the silicone elastomers market is driven by the increasing utilization of silicone elastomers across medical devices, developments in material science, and high demand for silicone elastomers in the electrical & electronic industry.