Liquid Silicone Rubber Sector Anticipates Reaching USD 10.1 Billion by 2033, Forecasting 3.9% CAGR
The ability to provide a superior compression set and to act as a gloss enhancer is expected to surge their application. The silicone rubbers also work as a dampening medium for the instruments in vehicles. The significant surge in demand for electric vehicles represents massive scope for the market. These are being used in power transmission equipment owing to their heat stability.
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