Europe Silicone Molding Compounds Market, Outlook and Forecast 2025-2030
Europe Silicone Molding Compounds Market, Outlook and Forecast 2025-2030
The Europe Silicone Molding Compounds market was valued at US$ 245.82 million in 2024 and is projected to reach US$ 365.46 million by 2030, at a CAGR of 6.85% during the forecast period 2024-2030.
Advanced silicone-based compounds featuring excellent electrical properties, thermal stability, and enhanced processing characteristics. These materials incorporate specialized fillers and additives for optimal performance in demanding applications.
Electronics sector leads with 46.8% share, followed by automotive (32.4%) and medical (12.5%). Germany maintains market leadership with 35.6% share. Material properties improved 38.8% since 2022. R&D investment reached