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Automotive Silicone Market, Global Outlook and Forecast 2024-2030

The global Automotive Silicone market was valued at US$ 2139.3 million in 2023 and is projected to reach US$ 2787.4 million by 2030, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Silicone are one of the fastest growing products around the world and their demand in the automotive sector is expected to grow rapidly due to rising investment by the manufacturers in novel products and technologies.
This report aims to provide a comprehensive presentation of the global market for Automotive Silicone, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Silicone. This report contains market size and forecasts of Automotive Silicone in global, including the following market information:

  • Global Automotive Silicone Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Automotive Silicone Market Sales, 2018-2023, 2024-2030, (K MT)
  • Global top five Automotive Silicone companies in 2023 (%)

The demand in Europe is expected to witness a moderate growth with a CAGR of over 5.6% on account of slowdown in the automobile industry in this region. Germany has been spearheading the demand for automotive silicone in this region. The presence of a large number of automotive component manufacturers and its close proximity to Poland which is the biggest automobile market in Eastern Europe is likely to augment the demand in Germany.
The North American market is expected to grow at a slower pace due to sluggish passenger vehicle production in the region. The rise in imports from Asia Pacific and Europe is responsible for low growth rates in North America.
We surveyed the Automotive Silicone manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Automotive Silicone Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Automotive Silicone Market Segment Percentages, by Type, 2023 (%)
  • High Temperature Vulcanised (HTV)
  • Room Temperature Vulcanised (RTV)
  • Liquid Silicone Rubber (LSR)
  • Fluorosilicone Rubber (FSR)
  • High Consistency Silicone Rubber (HCR)
  • Silicone Gels
Global Automotive Silicone Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Automotive Silicone Market Segment Percentages, by Application, 2023 (%)
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
Global Automotive Silicone Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Automotive Silicone Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Automotive Silicone revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Automotive Silicone revenues share in global market, 2023 (%)
  • Key companies Automotive Silicone sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Automotive Silicone sales share in global market, 2023 (%)
key players include:
  • Dow Corning Corporation
  • Momentive Performance Materials
  • Shin-Etsu
  • Wacker Chemie
  • KCC Corporation
  • Reiss Manufacturing Inc.
  • Mesgo S.P.A
  • Specialty Silicone Products Inc.
  • Delphi
  • Zhejiang Xinan Chemical Industrial Group Co., Ltd.
  • India National Bluestar (Group) Co, Ltd.
  • GW Plastics

Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Silicone, market overview.
Chapter 2: Global Automotive Silicone market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Silicone manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Silicone in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Silicone capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.