Silicone Market Overview in Norway
The size of the silicone market in Norway dropped to $ in 2018, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a perceptible decline. The growth pace was the most rapid in 2010 with an increase of % y-o-y. Silicone consumption peaked at $ in 2008; however, from 2009 to 2018, consumption failed to regain the momentum.