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The global Dimethyldichlorosilane Market is expected to grow at a robust CAGR of 8.5% from 2022 to 2032. The target market will accrue a revenue of US$ 2.48 billion by 2032, as opposed to US$ 1.19 billion in 2022 according to Future Market Insights. This growth can be attributed to escalating demand for silicon that can work as a suitable sealant for aircraft and electronic motors. The increasing popularity of green tires will further augment the sales of dimethyldichlorosilane in the global market during the forecast period.

The automotive silicone market is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3% from USD 2.4 billion in 2023. The growing automotive industry is a key catalyst for the expansion of the automotive silicone market according to ReportLinker. This demand surge is primarily propelled by factors like the growth of industries, increased investments in infrastructure projects, smart cities, and advancements in technology. Additionally, increasing global population, rising middle-class incomes, and changing consumer preferences for durable goods contribute to the growing demand for automotive silicone in automotive sector.

The global industrial rubber market is estimated to be valued at US$ 36.3 billion in 2023 and is expected to grow at a CAGR of 5.5% during the forecast period of 2023-2033 according to Fact.MR.

The global low rolling resistance tire market share forecast with a CAGR of 11.3% across the forthcoming decade with value of 54 billion by the year 2033 according to Future Market Insights.