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PUBLISHER: IMARC | PRODUCT CODE: 1661234
PUBLISHER: IMARC | PRODUCT CODE: 1661234
Silicones and Siloxanes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033
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The global silicones and siloxanes market size reached USD 24.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 38.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.85% during 2025-2033.
Siloxanes refer to volatile organosilicon compounds that are composed of recurring silicon-oxygen (Si-O) bonds, occurring in either cyclic or linear form. They are highly stable and physiologically inert, and have lubricating properties. Silicones are formulated from siloxanes and can take a variety of physical forms ranging from solids and semi-viscous pastes to liquids and oils. Due to their advantageous characteristics such as flexibility, resistance to moisture, stability, inertness, permeability to gases, etc., silicones find a wide array of industrial applications.
Global Silicones and Siloxanes Market Drivers:
The chemical structure of silicones allows them to be produced in a number of variations, while the organic groups bound to the silicones pave the way for a diverse range of modifications. This variability allows the usage of silicones in a variety of products such as greases, release agents, antifoam agents, paint additives, hydrophobizing agents, etc.
Siloxanes (silicones) are well tolerated by humans and, therefore, form an integral part of innovative methods of treatment, health care and nursing. Alkylsiloxanes, especially the dimethylsiloxanes, find extensive usage in emulsions, antifoams and pastes on account of their low surface tension, high surface activity, good spreading power, chemical inertness and thermal stability. Liquid silicone is often used as a lubricant like waterproof sealant which is used in bathrooms and window fittings, whereas solid silicone rubber has a wide array of applications ranging from cake baking to internal sanitary protection.
As silicones provide a strong, durable, and weather- and UV-resistant seal with excellent adhesion, they are employed in the production of various construction materials. Apart from this, silicones are used for manufacturing polyurethane foam for building insulation, increasing building energy efficiency whilst hydrophobic properties of silicone coatings protect the external walls from weather damage.
Silicone polymers and cyclic siloxanes find applications in the personal care sector as a solvent in deodorants, hair, skin and sun care products, and make-up. This can be attributed to the benefits offered by them such as low skin irritation, low surface tension, anti-foaming properties and volatility. An increase in personal grooming has escalated the demand for cosmetics in the recent years. This is expected to facilitate the growth of the silicones and siloxanes market.
Earlier, the consumption of silicone products was largely confined to the developed countries. However, economic development, inflating income levels and improving standards of living have stimulated the demand for silicone-based products in the emerging countries.
Key Market Segmentation:
Silicones Market
Breakup by Type:
- Elastomers
- Fluids
- Resins
- Gels
Amongst these, elastomers account for more than a third of the total market share due to their non-reactive nature. This helps them to find applications in cooking, baking, and in the production of footwears, undergarments and cosmetics.
Breakup by Application:
- Industrial Applications
- Construction Materials
- Home and Personal Care
- Transportation
- Energy
- Healthcare
- Electronics
- Others
Currently, industrial applications represent the largest segment since silicones are used as RTV sealants and anti-foaming agents owing to their resistance to high temperature and pressure.
Siloxanes Market
Breakup by Type:
- Linear
- Cyclic
Linear siloxanes dominate the market, accounting for the largest market share. Dimethicones, a form of linear siloxane, are used as a medication to treat minor skin irritations. Apart from this, these siloxanes are majorly used as intermediates in the manufacturing of silicones.
Breakup by Application:
- Silicones
- Other Applications
A dominant share of siloxanes is employed in the production of silicones which are further used in various industries.
Regional Insights:
- Asia-Pacific
- Europe
- North America
- Central and South America
- Middle East and Africa
- On a geographical front, Asia Pacific enjoys the leading position in the silicones and siloxanes market on account of thriving construction and automotive industries, supported by surging population, rapid urbanisation and mounting disposable incomes. In addition, availability of raw materials and abundance of labour have created a positive outlook for the market growth.
Competitive Landscape:
The market is concentrated in nature with the presence of a handful of players who account for the majority of the total production. Some of the leading players operating in the market are:
- Dow Chemical Company
- Momentive Performance Materials Inc.
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- Elkem ASA
- This report provides a deep insight into the global silicones and siloxanes market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the silicones and siloxanes market in any manner.
Key Questions Answered in This Report
- 1.What was the size of the global silicones and siloxanes market in 2024?
- 2.What is the expected growth rate of the global silicones and siloxanes market during 2025-2033?
- 3.What are the key factors driving the global silicones and siloxanes market?
- 4.What has been the impact of COVID-19 on the global silicones and siloxanes market?
- 5.What is the breakup of the global silicones market based on the type?
- 6.What is the breakup of the global silicones market based on the application?
- 7.What is the breakup of the global siloxanes market based on the type?
- 8.What is the breakup of the global siloxanes market based on the application?
- 9.What are the key regions in the global silicones and siloxanes market?
- 10.Who are the key players/companies in the global silicones and siloxanes market?
Product Code: SR112025A543
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Properties
- 4.3 Key Industry Trends
5 Global Silicones Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Price Analysis
- 5.3.1 Key Price Indicators
- 5.3.2 Price Structure
- 5.3.3 Price Trends
- 5.4 Impact of COVID-19
- 5.5 Market Breakup by Silicone Type
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Global Siloxanes Market
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Price Analysis
- 6.3.1 Key Price Indicators
- 6.3.2 Price Structure
- 6.3.3 Price Trends
- 6.4 Impact of COVID-19
- 6.5 Market Breakup by Siloxane Type
- 6.6 Market Breakup by Application
- 6.7 Market Breakup by Region
- 6.8 Market Forecast
- 6.9 SWOT Analysis
- 6.9.1 Overview
- 6.9.2 Strengths
- 6.9.3 Weaknesses
- 6.9.4 Opportunities
- 6.9.5 Threats
- 6.10 Value Chain Analysis
- 6.10.1 Overview
- 6.10.2 Research and Development
- 6.10.3 Raw Material Procurement
- 6.10.4 Manufacturing
- 6.10.5 Marketing
- 6.10.6 Distribution
- 6.10.7 End-Use
- 6.11 Porter's Five Forces Analysis
- 6.11.1 Overview
- 6.11.2 Bargaining Power of Buyers
- 6.11.3 Bargaining Power of Suppliers
- 6.11.4 Degree of Rivalry
- 6.11.5 Threat of New Entrants
- 6.11.6 Threat of Substitutes
7 Silicones: Market Breakup by Type
- 7.1 Elastomers
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Fluids
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Resins
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Gels
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Silicones: Market Breakup by Application
- 8.1 Industrial Applications
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Construction Materials
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Home and Personal Care
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Transportation
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Energy
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Healthcare
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Electronics
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
- 8.8 Others
- 8.8.1 Market Trends
- 8.8.2 Market Forecast
9 Silicones: Market Breakup by Region
- 9.1 Asia-Pacific
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Europe
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 North America
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Central and South America
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Siloxanes: Market Breakup by Type
- 10.1 Linear
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Cyclic
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Siloxanes: Market Breakup by Application
- 11.1 Silicones
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Other Applications
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
12 Siloxanes: Market Breakup by Region
- 12.1 Asia-Pacific
- 12.1.1 Market Trends
- 12.1.2 Market Forecast
- 12.2 Europe
- 12.2.1 Market Trends
- 12.2.2 Market Forecast
- 12.3 North America
- 12.3.1 Market Trends
- 12.3.2 Market Forecast
- 12.4 Central and South America
- 12.4.1 Market Trends
- 12.4.2 Market Forecast
- 12.5 Middle East and Africa
- 12.5.1 Market Trends
- 12.5.2 Market Forecast
13 Silicones and Siloxanes: Trade Data
- 13.1 Imports by Major Countries
- 13.2 Exports by Major Countries
14 Competitive Landscape
- 14.1 Competitive Structure
- 14.2 Key Players
15 Silicones and Siloxanes Manufacturing Process
- 15.1 Product Overview
- 15.2 Manufacturing Process
- 15.3 Detailed Process Flow
- 15.4 Chemical Reactions Involved
- 15.5 Raw Material Requirements
- 15.6 Mass Balance and Feedstock Conversion Rates
- 15.7 Key Success and Risk Factors
16 Silicones and Siloxanes: Feedstock Analysis
- 16.1 Hydrochloric Acid
- 16.1.1 Volume and Value Trends
- 16.1.2 Price Trends
- 16.1.3 Market Breakup by Region
- 16.1.4 Market Breakup by End-Use Sector
- 16.1.5 Key Suppliers
- 16.2 Methanol
- 16.2.1 Volume and Value Trends
- 16.2.2 Price Trends
- 16.2.3 Market Breakup by Region
- 16.2.4 Market Breakup by End-Use Sector
- 16.2.5 Key Suppliers
- 16.3 Silicon Metal
- 16.3.1 Volume and Value Trends
- 16.3.2 Price Trends
- 16.3.3 Market Breakup by Region
- 16.3.4 Market Breakup by End-Use Sector
- 16.3.5 Key Suppliers
17 Profiles of Key Players
- 17.1 Dow Chemical Company
- 17.1.1 Company Overview
- 17.1.2 Description
- 17.1.3 Product Portfolio
- 17.1.4 Financial Performance
- 17.2 Wacker Chemie AG
- 17.2.1 Company Overview
- 17.2.2 Description
- 17.2.3 Product Portfolio
- 17.2.4 Financial Performance
- 17.3 Momentive Performance Materials Inc.
- 17.3.1 Company Overview
- 17.3.2 Description
- 17.3.3 Product Portfolio
- 17.3.4 Financial Performance
- 17.4 Shin-Etsu Chemical Co., Ltd.
- 17.4.1 Company Overview
- 17.4.2 Description
- 17.4.3 Product Portfolio
- 17.4.4 Financial Performance
- 17.5 Elkem ASA
- 17.5.1 Company Overview
- 17.5.2 Description
- 17.5.3 Product Portfolio
- 17.5.4 Financial Performance
Product Code: SR112025A543
List of Figures
- Figure 1: Global: Silicones and Siloxanes Market: Major Drivers and Challenges
- Figure 2: Global: Silicones Market: Sales Volume (in Million Tons), 2019-2024
- Figure 3: Global: Silicones Market: Sales Value (in Billion USD), 2019-2024
- Figure 4: Global: Silicones Market: Average Prices (in USD/Ton), 2019-2024
- Figure 5: Global: Silicones Market Forecast: Average Prices (in USD/Ton), 2025-2033
- Figure 6: Global: Silicones Market: Breakup by Type (in %), 2024
- Figure 7: Global: Silicones Market: Breakup by Application (in %), 2024
- Figure 8: Global: Silicones Market: Breakup by Region (in %), 2024
- Figure 9: Global: Silicones Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 10: Global: Silicones Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 11: Global: Siloxanes Market: Sales Volume (in Million Tons), 2019-2024
- Figure 12: Global: Siloxanes Market: Sales Value (in Billion USD), 2019-2024
- Figure 13: Global: Siloxanes Market: Breakup by Type (in %), 2024
- Figure 14: Global: Siloxanes Market: Breakup by Application (in %), 2024
- Figure 15: Global: Siloxanes Market: Breakup by Region (in %), 2024
- Figure 16: Global: Siloxanes Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 17: Global: Siloxanes Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 18: Global: Silicones and Siloxanes Industry: SWOT Analysis
- Figure 19: Global: Silicones and Siloxanes Industry: Value Chain Analysis
- Figure 20: Global: Silicones and Siloxanes Industry: Porter's Five Forces Analysis
- Figure 21: Global: Silicones (Elastomers) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 22: Global: Silicones (Elastomers) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 23: Global: Silicones (Fluids) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 24: Global: Silicones (Fluids) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 25: Global: Silicones (Resins) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 26: Global: Silicones (Resins) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 27: Global: Silicones (Gels) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 28: Global: Silicones (Gels) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 29: Global: Silicones (Application in Industrial) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 30: Global: Silicones (Application in Industrial) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 31: Global: Silicones (Application in Construction Materials) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 32: Global: Silicones (Application in Construction Materials) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 33: Global: Silicones (Application in Home and Personal Care) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 34: Global: Silicones (Application in Home and Personal Care) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 35: Global: Silicones (Application in Transportation) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 36: Global: Silicones (Application in Transportation) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 37: Global: Silicones (Application in Energy Sector) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 38: Global: Silicones (Application in Energy Sector) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 39: Global: Silicones (Application in Healthcare) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 40: Global: Silicones (Application in Healthcare) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 41: Global: Silicones (Application in Electronics) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 42: Global: Silicones (Application in Electronics) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 43: Global: Silicones (Other Applications) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 44: Global: Silicones (Other Applications) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 45: Asia-Pacific: Silicones Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 46: Asia-Pacific: Silicones Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 47: Europe: Silicones Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 48: Europe: Silicones Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 49: North America: Silicones Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 50: North America: Silicones Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 51: Central and South America: Silicones Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 52: Central and South America: Silicones Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 53: Middle East and Africa: Silicones Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 54: Middle East and Africa: Silicones Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 55: Global: Siloxanes (Linear) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 56: Global: Siloxanes (Linear) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 57: Global: Siloxanes (Cyclic) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 58: Global: Siloxanes (Cyclic) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 59: Global: Siloxanes (Application in Silicones) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 60: Global: Siloxanes (Application in Silicones) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 61: Global: Siloxanes (Other Applications) Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 62: Global: Siloxanes (Other Applications) Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 63: Asia-Pacific: Siloxanes Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 64: Asia-Pacific: Siloxanes Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 65: Europe: Siloxanes Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 66: Europe: Siloxanes Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 67: North America: Siloxanes Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 68: North America: Siloxanes Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 69: Central and South America: Siloxanes Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 70: Central and South America: Siloxanes Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 71: Middle East and Africa: Siloxanes Market: Sales Volume (in '000 Tons), 2019 & 2024
- Figure 72: Middle East and Africa: Siloxanes Market Forecast: Sales Volume (in '000 Tons), 2025-2033
- Figure 73: Global: Silicones Market: Import Breakup by Country (in %), 2024
- Figure 74: China: Silicones Market: Import Value Trend (in '000 USD), 2019-2024
- Figure 75: Global: Silicones Market: Export Breakup by Country (in %), 2024
- Figure 76: China: Silicones Market: Export Value Trend (in '000 USD), 2019-2024
- Figure 77: Siloxane and Silicone Manufacturing Plant: Detailed Process Flow
- Figure 78: Siloxane Manufacturing Process: Conversion Rate of Feedstocks
- Figure 79: Silicone Manufacturing Process: Conversion Rate of Feedstocks
- Figure 80: Global: Hydrochloric Acid Market: Production Volume (in Million Tons) 2019-2024
- Figure 81: Global: Hydrochloric Acid Market: Production Value (in Million USD) 2019-2024
- Figure 82: Hydrochloric Acid: Average Historical and Future Prices (in USD/Tons) 2019-2024
- Figure 83: Global: Hydrochloric Acid Market: Production Breakup by Region (in %), 2024
- Figure 84: Global: Methanol Market: Volume Demand (in Million Tons) 2019-2024
- Figure 85: Global: Methanol Market: Value Trends (in Million USD), 2019-2024
- Figure 86: Global: Methanol Market: Average Price Trends (in USD/Ton), 2019-2024
- Figure 87: Global: Methanol Market: Breakup by Key Players (in %), 2024
- Figure 88: Global: Silicon Metal Market: Production Volume (in Million Tons) 2019-2024
- Figure 89: Global: Silicon Metal Market: Production Value (in Million USD) 2019-2024
- Figure 90: Silicon Metal: Average Historical and Current Prices (in USD/Ton) 2019-2024
- Figure 91: Global: Silicon Metal Market: Consumption Breakup by Region (in %), 2024
- Figure 92: Global: Silicon Metal Market: Breakup by End-Use Sector (in %), 2024
List of Tables
- Table 1: Silicones: General Properties
- Table 2: Siloxanes: General Properties
- Table 3: Global: Silicones Market: Key Industry Highlights, 2024 and 2033
- Table 4: Global: Siloxanes Market: Key Industry Highlights, 2024 and 2033
- Table 5: Global: Silicones Market Forecast: Breakup by Type (in '000 Tons), 2025-2033
- Table 6: Global: Silicones Market Forecast: Breakup by Application (in '000 Tons), 2025-2033
- Table 7: Global: Silicones Market Forecast: Breakup by Region (in '000 Tons), 2025-2033
- Table 8: Global: Siloxanes Market Forecast: Breakup by Type (in '000 Tons), 2025-2033
- Table 9: Global: Siloxanes Market Forecast: Breakup by Application (in '000 Tons), 2025-2033
- Table 10: Global: Siloxanes Market Forecast: Breakup by Region (in '000 Tons), 2025-2033
- Table 11: Global: Silicones Market: Import Data by Country, 2024
- Table 12: Global: Silicones Market: Export Data by Country, 2024
- Table 13: Global: Siloxanes and Silicones Market: Competitive Landscape
- Table 14: Global: Silicones Market: Key Players
- Table 15: Global: Siloxanes Market: Key Players
- Table 16: Siloxane Manufacturing: Chemical Reactions Involved in Siloxane Formation
- Table 17: Silicones Manufacturing: Chemical Reactions Involved in Silicones Formation
- Table 18: Siloxanes: Raw Material Requirements
- Table 19: Silicones: Raw Material Requirements
- Table 20: Global: Hydrochloric Acid Market: Key Manufacturers
- Table 21: Global: Silicon Metal Market: Key Manufacturers
- Table 22: The Dow Chemical Company: Key Financials (in Million USD)
- Table 23: Wacker Chemie AG: Key Financials (in Million USD)
- Table 24: Momentive Performance Materials Inc.: Key Financials (in Million USD)
- Table 25: Shin-Etsu Chemical Co., Ltd.: Key Financials (in Million USD)
- Table 26: Elkem ASA: Key Financials (in Million USD)
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