Global performance elastomers market forecast at $24 billion by 2030
The global market for Performance Elastomers estimated at US$16.1 Billion in the year 2022, is projected to reach a revised size of US$24.3 Billion by 2030, growing at a CAGR of 5.3% over the period 2022-2030 according to Report Linker. Silicone Elastomers, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$15.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fluoroelastomers segment is readjusted to a revised 4.4% CAGR for the next 8-year period.
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