A decisive advantage for manufacturers of silicone is the variety of sales markets for silicone products.
Silicones are irreplaceable in many industrial sectors. Silicone elastomers, oils and resins are the most important product types that are manufactured based on quartz sand. They are used in construction, automotive and the electrical and electronics industries, as well as in medical technology, cosmetics, textiles, and paper or in innumerable common items. Growth of this market is astonishing; according to a recent study from Ceresana, worldwide revenues generated with silicones rose by 6.7% per year since 2005. In 2013, silicones valuing about $15.5 billion were sold. Silicone sales are reportedly expected to increase by another 5% in the next years.