Silicone refers to a compound whose molecular structure contains Si-C bonds and at least one organic group is directly connected to a silicon atom. The basic raw materials for the production of organic silicon mainly include metal silicon, methanol and hydrogen chloride. Starting from silicone monomers and their intermediates, through various reactions, or adding various fillers and additives, they are further processed into various end products such as silicone oil, silicone rubber, and silicone resin.
Silicone compounds cannot be decomposed naturally, so landfills cannot decompose waste silicone rubber. The process of converting waste silicone rubber into silica through combustion is very energy-intensive. The price of silicone rubber raw materials is relatively high, and the production and accumulation of waste silicone rubber will not only occupy a large number of workshops and pollute the environment, but also lead to rising costs and cause great economic pressure on enterprises. Therefore, recycling waste silicone rubber is of great significance to reducing environmental pollution and improving economic benefits.
According to the new market research report “Global Silicone Recycling Market Report 2023-2029”, published by QYResearch, the global Silicone Recycling market size is projected to reach USD 0.08 billion by 2029, at a CAGR of 4.0% during the forecast period.
- Global Silicone Recycling MarketSize(US$ Million), 2018-2029
Above data is based on report from QYResearch: Global Silicone Recycling Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch..
- Global Silicone Recycling Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Above data is based on report from QYResearch: Global Silicone Recycling Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
The global key manufacturers of Silicone Recycling include ECO USA, GW United Chemicals GmbH, TerraCycle, NewAge Industries, Supreme Silicones, etc. In 2022, the global top four players had a share approximately 74.0% in terms of revenue.
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