It is according to the forecast from Future Market Insights, in 2032, the global market of silicone rubber in 2022 which has a total value of 5.74 billion USD to increase to a global market which has 15.29 billion USD. The CAGR is at 10.3%. FMI’s analysis indicates that the rapid growth of silicone rubber market comes from the urgent requirement of silicone rubbers by the electronic and electrical industries and the medical care industry which is highly influenced by the aging of population.
