Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America)

The Asia-Pacific Region Was the Largest Market for Automotive Silicone in 2022, in Terms of Value

The automotive silicone market is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3% from USD 2.4 billion in 2023. The growing automotive industry is a key catalyst for the expansion of the automotive silicone market. This demand surge is primarily propelled by factors like the growth of industries, increased investments in infrastructure projects, smart cities, and advancements in technology. Additionally, increasing global population, rising middle-class incomes, and changing consumer preferences for durable goods contribute to the growing demand for automotive silicone in the automotive sector.

Electrical application segment is expected to account for the second-largest share in 2022.

Automotive silicone plays a critical role in the automotive electrical segment, offering dependable power transmission, exceptional damping, and insulation characteristics. It is extensively employed in ignition cables, spark plug boots, and high-tension (HT) cables to ensure smooth electrical connectivity and protection from heat and environmental factors. Automotive silicone optimizes power transfer efficiency, enhances electrical system performance, and safeguards against voltage disruptions or leaks. With its remarkable attributes, automotive silicone is indispensable for maintaining reliable and efficient electrical systems, thereby bolstering vehicle reliability and performance.

Based on region, the Asia Pacific region was the largest market for automotive silicone in 2022, in terms of value.

Asia Pacific was the largest market for global automotive silicone, in terms of value, in 2022. The market in Asia Pacific is driven by innovation. Industrial expansion and growing automotive industry in the region are driving the consumption of automotive silicone. The growth of the market is also expected to be supported by the improving global economy. China is the key market in the Asia Pacific and is expected to witness high growth during the forecast period because of the high use of automotive silicone in various automotive silicone in the region.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:

By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C-Level - 35%, Director Level - 25%, and Others - 40%
By Region: Asia Pacific - 40%, North America - 30%, Europe - 20%, Middle East & Africa-5%, and Latin America-5%

The key players in this market include The Dow Chemical Company (US), Wacker Chemie AG ( Germany), Momentive (US), Shin-Etsu Chemical Co. Ltd. (Japan), Elkem ASA (Norway), Evonik Industries AG (Germany), Gelest Inc.(US), Henkel (Germany), Primasil Silicones (UK), and Slitch Corporation (Canada).

Research Coverage

This report segments the market for automotive silicone market on the basis of filter type, filter media, application, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for automotive silicone market.

Key benefits of buying this report

This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the automotive silicone market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (Growing automotive industry in Asia Pacific, Increasing demand for high efficiency and lightweight materials in the automotive industry, Superior properties of silicone), restraints (Growing use of electric vehicles ), opportunities (High growth opportunities in the emerging economies in Asia Pacific, Growing demand in the transportation industry, Advancements in autonomous technology), and challenges (Fluctuating raw material prices, Supply chain challenges in the automotive silicone market) influencing the growth of the automotive silicone market
Market Penetration: Comprehensive information on the automotive silicone market offered by top players in the global automotive silicone market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the automotive silicone market.
Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for automotive silicone market across regions.
Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global automotive silicone market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the automotive silicone market

1 Introduction

1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions & Exclusions
1.3 Market Scope
1.4 Regions Covered
1.4.1 Years Considered
1.5 Currency Considered
1.6 Unit Considered
1.7 Stakeholders
1.8 Summary of Changes

2 Research Methodology

2.1 Research Data
Figure 1 Automotive Silicone Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 2 Automotive Silicone Market: Bottom-Up Approach
2.2.2 Top-Down Approach
Figure 3 Automotive Silicone Market: Top-Down Approach
2.3 Data Triangulation
Figure 4 Automotive Silicone Market: Data Triangulation
2.4 Factor Analysis
2.5 Assumptions

3 Executive Summary

Figure 5 Electrical Application to Witness Fastest Growth Between 2023 and 2028
Figure 6 Asia-Pacific Led Automotive Silicone Market in 2022

4 Premium Insights

4.1 Significant Opportunities for Players in Automotive Silicone Market
Figure 7 High Growth Potential in Asia-Pacific to Drive Market
4.2 Asia-Pacific: Automotive Silicone Market, by Application and Country, 2022
Figure 8 Interior & Exterior Application Dominated Market in Asia-Pacific
4.3 Automotive Silicone Market, by Application
Figure 9 Interior & Exterior Application to Lead Automotive Silicone Market During Forecast Period
4.4 Automotive Silicone Market, by Country
Figure 10 China to be Fastest-Growing Automotive Silicone Market

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
Figure 11 Drivers, Restraints, Challenges, and Opportunities in Automotive Silicone Market
5.2.1 Drivers
5.2.1.1 Growing Automotive Industry in Asia-Pacific
5.2.1.2 Increasing Demand for High-Efficiency and Lightweight Materials in Automotive Industry
5.2.1.3 Superior Properties of Silicone
5.2.2 Restraints
5.2.2.1 Growing Use of Electric Vehicles
5.2.3 Opportunities
5.2.3.1 High Growth Opportunities in Emerging Economies of Asia-Pacific
5.2.3.2 Growing Demand in Transportation Industry
5.2.3.3 Advancements in Autonomous Driving Technology
5.2.4 Challenges
5.2.4.1 Fluctuating Raw Material Prices
5.2.4.2 Supply Chain Challenges in Automotive Silicone Market
5.3 Porter's Five Forces Analysis
Figure 12 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of Substitutes
5.3.4 Threat of New Entrants
5.3.5 Intensity of Competitive Rivalry
Table 1 Automotive Silicone Market: Porter's Five Forces Analysis
5.4 Value Chain Analysis
5.4.1 Raw Material Suppliers
5.4.2 Manufacturers
5.4.3 Distributors
5.4.4 End Consumers
Figure 13 Value Chain Analysis
5.5 Macroeconomic Analysis
Table 2 Projected Real GDP Growth (Annual Percent Change) of Key Countries, 2018-2025
5.6 Economic Recession Assessment
5.6.1 Trends in Automotive Industry
Table 3 Vehicle Production Statistics, by Country, 2021-2022 (Units)

6 Automotive Silicone Market, by Application

6.1 Introduction
Figure 14 Interior & Exterior Application Segment to Account for Largest Market Size During Forecast Period
Table 4 Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 5 Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 6 Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 7 Automotive Silicone Market, by Application, 2023-2028 (USD Million)
6.2 Interior & Exterior
6.2.1 Heat Resistance Property of Silicone to Drive Its Use
6.2.2 Airbags
6.2.3 Exhaust Hangers
6.2.4 Exterior Trims
6.2.5 Headlamps
6.2.6 Hoses
6.2.7 Interior Trims
6.2.8 Membranes
6.2.9 Shock Absorbers
6.2.10 Grommets
6.3 Engines
6.3.1 Sealing and Bonding Properties of Silicone to Drive Its Use
6.3.2 Sealing, Potting & Bonding
6.3.3 Filtration
6.3.4 Gaskets
6.3.5 Radiator Seals
6.3.6 Vibration Dampening
6.4 Electrical
6.4.1 Damping and Insulation Properties to Make Silicone Favorable for Use in Electrical Connections
6.4.2 Power Transmission
6.4.3 Damping & Insulation
6.4.4 Ignition Cables
6.4.5 Spark Plug Boots
6.4.6 Ht Cables
6.5 Tires
6.5.1 Semi-Permanent Formulations of Silicone Films to Drive Their Application
6.6 Others

7 Automotive Silicone Market, by Type

7.1 Introduction
7.2 Elastomers
7.3 Resins
7.4 Gels
7.5 Fluids

8 Automotive Silicone Market, by Region

8.1 Introduction
Figure 15 Asia-Pacific to Account for Largest Share in Global Automotive Silicone Market
Table 8 Automotive Silicone Market, by Region, 2019-2022 (Kiloton)
Table 9 Automotive Silicone Market, by Region, 2023-2028 (Kiloton)
Table 10 Automotive Silicone Market, by Region, 2019-2022 (USD Million)
Table 11 Automotive Silicone Market, by Region, 2023-2028 (USD Million)
8.2 North America
Figure 16 North America: Automotive Silicone Market Snapshot
Table 12 North America: Automotive Silicone Market, by Country, 2019-2022 (Kiloton)
Table 13 North America: Automotive Silicone Market, by Country, 2023-2028 (Kiloton)
Table 14 North America: Automotive Silicone Market, by Country, 2019-2022 (USD Million)
Table 15 North America: Automotive Silicone Market, by Country, 2023-2028 (USD Million)
Table 16 North America: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 17 North America: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 18 North America: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 19 North America: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.2.1 Recession Impact
8.2.2 US
8.2.2.1 Demand to Decline Due to Growing Market Maturity
Table 20 US: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 21 US: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 22 US: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 23 US: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.2.3 Canada
8.2.3.1 Robust Automotive Manufacturing and Presence of Key Automotive Manufacturers to Drive Growth
Table 24 Canada: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 25 Canada: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 26 Canada: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 27 Canada: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.2.4 Mexico
8.2.4.1 Significant Government Investments in Automotive Industry to Drive Market
Table 28 Mexico: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 29 Mexico: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 30 Mexico: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 31 Mexico: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3 Europe
Figure 17 Europe: Automotive Silicone Market Snapshot
Table 32 Europe: Automotive Silicone Market, by Country, 2019-2022 (Kiloton)
Table 33 Europe: Automotive Silicone Market, by Country, 2023-2028 (Kiloton)
Table 34 Europe: Automotive Silicone Market, by Country, 2019-2022 (USD Million)
Table 35 Europe: Automotive Silicone Market, by Country, 2023-2028 (USD Million)
Table 36 Europe: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 37 Europe: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 38 Europe: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 39 Europe: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3.1 Recession Impact
8.3.2 Germany
8.3.2.1 Demand to Grow in Automotive Electronics Segment
Table 40 Germany: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 41 Germany: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 42 Germany: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 43 Germany: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3.3 France
8.3.3.1 Steady Growth in Automotive Manufacturing to Drive Demand
Table 44 France: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 45 France: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 46 France: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 47 France: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3.4 Uk
8.3.4.1 Presence of Luxury Car Manufacturers to Drive Demand for Automotive Silicones
Table 48 Uk: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 49 Uk: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 50 Uk: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 51 Uk: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3.5 Italy
8.3.5.1 Rebound of Automotive Manufacturing Sector Favorable for Market Growth
Table 52 Italy: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 53 Italy: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 54 Italy: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 55 Italy: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3.6 Spain
8.3.6.1 Immense Growth Potential of Automotive Industry Lucrative for Market Growth
Table 56 Spain: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 57 Spain: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 58 Spain: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 59 Spain: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.3.7 Rest of Europe
Table 60 Rest of Europe: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 61 Rest of Europe: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 62 Rest of Europe: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 63 Rest of Europe: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.4 Asia-Pacific
Figure 18 Asia-Pacific: Automotive Silicone Market Snapshot
Table 64 Asia-Pacific: Automotive Silicone Market, by Country, 2019-2022 (Kiloton)
Table 65 Asia-Pacific: Automotive Silicone Market, by Country, 2023-2028 (Kiloton)
Table 66 Asia-Pacific: Automotive Silicone Market, by Country, 2019-2022 (USD Million)
Table 67 Asia-Pacific: Automotive Silicone Market, by Country, 2023-2028 (USD Million)
Table 68 Asia-Pacific: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 69 Asia-Pacific: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 70 Asia-Pacific: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 71 Asia-Pacific: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.4.1 Recession Impact
8.4.2 China
8.4.2.1 Availability of Cheap Raw Materials and Moderately Stringent Regulatory Framework to Drive Market
Table 72 China: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 73 China: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 74 China: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 75 China: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.4.3 Japan
8.4.3.1 Increasing Demand for Automotive Electronics to Drive Market
Table 76 Japan: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 77 Japan: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 78 Japan: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 79 Japan: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.4.4 India
8.4.4.1 Favorable Location for Low-Cost Automotive Manufacturing
Table 80 India: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 81 India: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 82 India: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 83 India: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.4.5 South Korea
8.4.5.1 Development in Automotive Manufacturing Industry to Drive Demand
Table 84 South Korea: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 85 South Korea: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 86 South Korea: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 87 South Korea: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.4.6 Rest of Asia-Pacific
Table 88 Rest of Asia-Pacific: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 89 Rest of Asia-Pacific: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 90 Rest of Asia-Pacific: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 91 Rest of Asia-Pacific: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.5 Middle East & Africa
Table 92 Middle East & Africa: Automotive Silicone Market, by Country, 2019-2022 (Kiloton)
Table 93 Middle East & Africa: Automotive Silicone Market, by Country, 2023-2028 (Kiloton)
Table 94 Middle East & Africa: Automotive Silicone Market, by Country, 2019-2022 (USD Million)
Table 95 Middle East & Africa: Automotive Silicone Market, by Country, 2023-2028 (USD Million)
Table 96 Middle East & Africa: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 97 Middle East & Africa: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 98 Middle East & Africa: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 99 Middle East & Africa: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.5.1 Saudi Arabia
8.5.1.1 Government Initiatives to Promote Automotive Manufacturing to Drive Demand
Table 100 Saudi Arabia: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 101 Saudi Arabia: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 102 Saudi Arabia: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 103 Saudi Arabia: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.5.2 South Africa
8.5.2.1 Key Players Establishing Automotive Business to Create Demand for Automotive Silicone
Table 104 South Africa: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 105 South Africa: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 106 South Africa: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 107 South Africa: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.5.3 Rest of Middle East & Africa
Table 108 Rest of Middle East & Africa: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 109 Rest of Middle East & Africa: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 110 Rest of Middle East & Africa: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 111 Rest of Middle East & Africa: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.6 South America
Table 112 South America: Automotive Silicone Market, by Country, 2019-2022 (Kiloton)
Table 113 South America: Automotive Silicone Market, by Country, 2023-2028 (Kiloton)
Table 114 South America: Automotive Silicone Market, by Country, 2019-2022 (USD Million)
Table 115 South America: Automotive Silicone Market, by Country, 2023-2028 (USD Million)
Table 116 South America: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 117 South America: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 118 South America: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 119 South America: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.6.1 Brazil
8.6.1.1 Favorable Trade and Investment Policies to Attract Private Investments
Table 120 Brazil: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 121 Brazil: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 122 Brazil: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 123 Brazil: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.6.2 Argentina
8.6.2.1 Improvements in Country's Automotive Investment to Drive Market
Table 124 Argentina: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 125 Argentina: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 126 Argentina: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 127 Argentina: Automotive Silicone Market, by Application, 2023-2028 (USD Million)
8.6.3 Rest of South America
Table 128 Rest of South America: Automotive Silicone Market, by Application, 2019-2022 (Kiloton)
Table 129 Rest of South America: Automotive Silicone Market, by Application, 2023-2028 (Kiloton)
Table 130 Rest of South America: Automotive Silicone Market, by Application, 2019-2022 (USD Million)
Table 131 Rest of South America: Automotive Silicone Market, by Application, 2023-2028 (USD Million)

9 Competitive Landscape

9.1 Overview
Figure 19 Companies Adopted Acquisitions and Expansions as Key Growth Strategies Between 2018 and 2023
9.2 Ranking Analysis of Key Market Players, 2022
Figure 20 Ranking of Top Five Players in Automotive Silicones Market, 2022
9.3 Market Evaluation Matrix
Table 132 Market Evaluation Matrix
9.4 Company Evaluation Matrix, 2022 (Tier 1)
9.4.1 Stars
9.4.2 Emerging Leaders
9.4.3 Pervasive Players
9.4.4 Participants
Figure 21 Company Evaluation Matrix, 2022
9.5 Start-Ups and Small & Medium-Sized Enterprises (SMEs) Evaluation Matrix
9.5.1 Progressive Companies
9.5.2 Responsive Companies
9.5.3 Starting Blocks
9.5.4 Dynamic Companies
Figure 22 Startups and SMEs Evaluation Matrix, 2022
9.6 Competitive Scenario
9.6.1 Product Launches
Table 133 Product Launches, 2018-2023
Table 134 New Technology, 2018-2023
9.6.2 Deals
Table 135 Deals, 2018-2022
9.6.3 Other Developments
Table 136 Other Developments, 2018-2022

10 Company Profiles

Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats)
10.1 Key Players
10.1.1 The Dow Chemical Company
Table 137 The Dow Chemical Company: Company Overview
Figure 23 The Dow Chemical Company: Company Snapshot
Table 138 The Dow Chemical Company: Products/Solutions/Services Offered
Table 139 The Dow Chemical Company: Product Launches
Table 140 The Dow Chemical Company: Other Developments
10.1.2 Wacker Chemie AG
Table 141 Wacker Chemie AG: Company Overview
Figure 24 Wacker Chemie AG: Company Snapshot
Table 142 Wacker Chemie AG: Products/Solutions/Services Offered
Table 143 Wacker Chemie AG: Product Launches
Table 144 Wacker Chemie AG: Deals
Table 145 Wacker Chemie AG: Other Developments
10.1.3 Momentive
Table 146 Momentive: Company Overview
Table 147 Momentive: Products/Solutions/Services Offered
Table 148 Momentive: Product Launches
Table 149 Momentive: Deals
Table 150 Momentive: Other Developments
10.1.4 Shin-Etsu Chemical Co. Ltd.
Table 151 Shin-Etsu Chemical Co. Ltd.: Company Overview
Figure 25 Shin-Etsu Chemical Co. Ltd.: Company Snapshot
Table 152 Shin-Etsu Chemical Co. Ltd.: Products/Solutions/Services Offered
Table 153 Shin-Etsu Chemical Co. Ltd.: Product Launches
Table 154 Shin-Etsu Chemical Co. Ltd.: Other Developments
10.1.5 Elkem Asa
Table 155 Elkem Asa: Company Overview
Figure 26 Elkem Asa: Company Snapshot
Table 156 Elkem Asa: Products/Solutions/Services Offered
Table 157 Elkem Asa: Product Launches
Table 158 Elkem Asa: Deals
Table 159 Elkem Asa: Other Developments
10.1.6 Evonik Industries AG
Table 160 Evonik Industries AG: Company Overview
Figure 27 Evonik Industries AG: Company Snapshot
Table 161 Evonik Industries AG: Products/Solutions/Services Offered
Table 162 Evonik Industries AG: Other Developments
10.1.7 Gelest Inc.
Table 163 Gelest Inc.: Company Overview
Table 164 Gelest Inc.: Products/Solutions/Services Offered
Table 165 Gelest Inc.: Deals
10.1.8 Henkel
Table 166 Henkel: Company Overview
Figure 28 Henkel: Company Snapshot
Table 167 Henkel: Products/Solutions/Services Offered
Table 168 Henkel: Deals
Table 169 Henkel: Other Developments
10.1.9 Primasil Silicones
Table 170 Primasil Silicones: Company Overview
Table 171 Primasil Silicones: Products/Solutions/Services Offered
Table 172 Primasil Silicones: Deals
10.1.10 Siltech Corporation
Table 173 Siltech Corporation: Company Overview
Table 174 Siltech Corporation: Products/Solutions/Services Offered
Table 175 Siltech Corporation: Other Developments
10.3 Other Key Companies
10.3.1 Cht Group
10.3.2 Brb International
10.3.3 Nolato
10.3.4 Reiss Manufacturing
10.3.5 Kibaru Manufacturing Sdn. Bhd.
10.3.6 Mccoy Performance Silicones
10.3.7 Milliken
10.3.8 Novaguard Solutions
10.3.9 Permatex
10.3.10 Rogers Corporation
10.3.11 Mesgo
10.3.12 Silicone Solutions
10.3.13 Simtech Silicone Parts
10.3.14 Specialty Silicone Products Inc.
10.3.15 Wynca Tinyo Silicone
Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.

11 Appendix

11.1 Insights from Industry Experts
11.2 Discussion Guide
11.3 Knowledgestore: The Subscription Portal
11.4 Customization Options 177 177

Executive Summary

Companies Mentioned

Brb International
Cht Group
Elkem Asa
Evonik Industries Ag
Gelest Inc.
Henkel
Kibaru Manufacturing Sdn. Bhd.
Mccoy Performance Silicones
Mesgo
Milliken
Momentive
Nolato
Novaguard Solutions
Permatex
Primasil Silicones
Reiss Manufacturing
Rogers Corporation
Shin-Etsu Chemical Co. Ltd.
Silicone Solutions
Siltech Corporation
Simtech Silicone Parts
Specialty Silicone Products Inc.
The Dow Chemical Company
Wacker Chemie Ag
Wynca Tinyo Silicone

Table Information

Report Attribute	Details
No. of Pages	173
Published	June 2023
Forecast Period	2023 - 2028
Estimated Market Value ( USD ) in 2023	$ 2.4 Billion
Forecasted Market Value ( USD ) by 2028	$ 3.4 Billion
Compound Annual Growth Rate	7.3%
Regions Covered	Global
No. of Companies Mentioned	25

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4808EUR$4,950USD£4,147GBP
1 - 5 USER LICENSE PDF	The product is a PDF.	This is a 1-5 user license, allowing up to five users have access to the product.	€6459EUR$6,650USD£5,572GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€7916EUR$8,150USD£6,829GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€9713EUR$10,000USD£8,379GBP

Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2028

Electrical application segment is expected to account for the second-largest share in 2022.

Based on region, the Asia Pacific region was the largest market for automotive silicone in 2022, in terms of value.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:

Research Coverage

Key benefits of buying this report

The report provides insights on the following pointers:

Table of Contents

Executive Summary

Companies Mentioned

Table Information

Electrical application segment is expected to account for the second-largest share in 2022.

Based on region, the Asia Pacific region was the largest market for automotive silicone in 2022, in terms of value.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:

Research Coverage

Key benefits of buying this report

The report provides insights on the following pointers:

Table of Contents

Executive Summary

Companies Mentioned

Table Information

Related Topics

Related Reports

Automotive Silicone Market Global Market Report 2024

Automotive Silicone Market By Type (Elastomers, Resins, Gels, Others), By Application (Interior and Exterior, Engines, Electrical Systems, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Automotive Silicone Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

Global Automotive Silicone Market by Product (Adhesives & Sealants, Coatings, Elastomer), Application (EDT System, Electrical System, HVAC Systems) - Forecast 2024-2030

2023 Automotive Silicones Market - Revenue, Trends, Growth Opportunities, Competition, COVID Strategies, Regional Analysis and Future outlook to 2030 (by products, applications, end cases)

About the Automotive Silicone Market