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Silicone in Electric Vehicles - Global Strategic Business Report

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    Report

  • 93 Pages
  • December 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5304166

Quick Summary:

The emerging Silicone in Electric Vehicles market paints a promising picture for key stakeholders and industry enthusiasts looking to keep abreast on the latest trends, strategic movements and potential growth patterns in this pivotal space. As the market is forecasted to grow to an impressive US$2.7 billion by 2030, the acquisition of up-to-date market intelligence becomes a necessity to ensure informed decision-making and strategic planning.

Our comprehensive market research report offers in-depth insights and a granular analysis of the Silicone in Electric Vehicles market. It outlines key aspects such as geographic growth trends and forecasts, anticipated market size, leading competitors and their market shares. It also provides special coverage on challenges and opportunities following the ongoing post pandemic recovery. With access to digital archives, research platforms, and complimentary updates for one year, this report serves as an essential tool for navigating your business in this burgeoning market.

Global Silicone in Electric Vehicles Market to Reach $2.7 Billion by 2030

The global market for Silicone in Electric Vehicles estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$2.7 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030. Elastomers, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$1.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fluids segment is readjusted to a revised 7.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $468.4 Million, While China is Forecast to Grow at 6.4% CAGR

The Silicone in Electric Vehicles market in the U.S. is estimated at US$468.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$468.5 Million by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Select Competitors (Total 42 Featured) -

  • ACC Silicones Ltd.
  • Elkem Silicones
  • H.B. Fuller Company
  • KCC Corporation
  • LORD Corporation
  • Nexeon Limited
  • Rogers Corporation
  • Shin-Etsu Chemical Co., Ltd.
  • The Dow Chemical Company (Formerly Dow Corning)
  • Wacker Chemie AG

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Silicone in Electric Vehicles

What is the estimated value of the Global Market for Silicone in Electric Vehicles?

The Global Market for Silicone in Electric Vehicles was estimated to be valued at $1.6 Billion in 2022.

What is the growth rate of the Global Market for Silicone in Electric Vehicles?

The growth rate of the Global Market for Silicone in Electric Vehicles is 6.8%, with an estimated value of $2.7 Billion by 2030.

What is the forecasted size of the Global Market for Silicone in Electric Vehicles?

The Global Market for Silicone in Electric Vehicles is estimated to be worth $2.7 Billion by 2030.

Who are the key companies in the Global Market for Silicone in Electric Vehicles?

Key companies in the Global Market for Silicone in Electric Vehicles include ACC Silicones Ltd., Elkem Silicones, H.B. Fuller Company, KCC Corporation, LORD Corporation, Nexeon Limited, Rogers Corporation, Shin, Etsu Chemical Co., Ltd. and The Dow Chemical Company (Formerly Dow Corning).

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Silicone in Electric Vehicles - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 2: World 8-Year Perspective for Silicone in Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Elastomers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 4: World 8-Year Perspective for Elastomers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Fluids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 6: World 8-Year Perspective for Fluids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Resins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 8: World 8-Year Perspective for Resins by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 10: World 8-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 11: World Silicone in Electric Vehicles Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 12: USA Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 13: USA 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
CANADA
  • Table 14: Canada Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 15: Canada 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
JAPAN
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 16: Japan Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 17: Japan 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
CHINA
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 18: China Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 19: China 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
EUROPE
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 20: Europe Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 21: Europe 8-Year Perspective for Silicone in Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • Table 22: Europe Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 23: Europe 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
FRANCE
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 24: France Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 25: France 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
GERMANY
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 26: Germany Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 27: Germany 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
ITALY
  • Table 28: Italy Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 29: Italy 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
UNITED KINGDOM
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 30: UK Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 31: UK 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
REST OF EUROPE
  • Table 32: Rest of Europe Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 33: Rest of Europe 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
ASIA-PACIFIC
  • Silicone in Electric Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 34: Asia-Pacific Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 35: Asia-Pacific 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
REST OF WORLD
  • Table 36: Rest of World Recent Past, Current & Future Analysis for Silicone in Electric Vehicles by Type - Elastomers, Fluids, Resins and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 37: Rest of World 8-Year Perspective for Silicone in Electric Vehicles by Type - Percentage Breakdown of Value Sales for Elastomers, Fluids, Resins and Other Types for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ACC Silicones Ltd.
  • Elkem Silicones
  • H.B. Fuller Company
  • KCC Corporation
  • LORD Corporation
  • Nexeon Limited
  • Rogers Corporation
  • Shin-Etsu Chemical Co., Ltd.
  • The Dow Chemical Company (Formerly Dow Corning)
  • Wacker Chemie AG