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Automotive Silicone Market By Type (Elastomers, Gels, Resins, Fluids, And Others), Application (Interior & Exterior, Engines, Electrical, And Others), By Region - Global Industry Analysis, Size, Share, Growth, Investment, Forecast | 2022 to 2027

Published: January, 2022
ID: 8106
Pages: 175

Automotive Silicone Market Size, Share & Growth (2022- 2027):

The Global Automotive Silicone Market size was around USD 4.37 Billion by revenue, at the end of 2021. It is anticipated to grow at a CAGR of 9.25 % to reach close to USD 6.36 Billion by the end of 2026.

Automotive Silicone market growth Drivers:

The global automotive silicone market is majorly driven by the fast growth of the automotive industry in demand over the past years. The global market is anticipated to be driven also by the demand for interior and exterior applications of silicone such as shock absorbers and airbags. Also, the demand for the automation of the systems in automotive is considered to be another driving factor in the global automotive silicones market.

Opportunities in the Automobile Silicone Market:

However, as there is a heavy growth opportunity witnessed there are also some factors that damp the growth of the global market for automotive silicone. The escalating interest and demand for electric vehicles are likely to restrain the global market growth due to the major change in engine construction in electric vehicles. Also, the concentration of the automotive silicone market in the Asia Pacific region is likely to restrain the global market expansion in the aforementioned forecast period.

Recent Developments:                                         

The Dow Chemical Company, a United States-based key player in the global automotive silicone market, has started the construction of its new facility and resin plant in Jiangsu's Zhangjiagang. The sole purpose of the new venture is to supply forth e growing demand in the automotive industry for silicone-based products.




Market Size Available

2021– 2026

Base Year


Forecast Period

2022- 2027


9.25 %

Segments Covered

By Type, By Application, By Geography

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

DowDupont (US), ACC Silicones Ltd (U.K), Wacker Chemie (Germany), Bostik (U.S.), Shin-Etsu Chemical Co. Ltd. (Japan), Evonik Industries AG (Germany), KCC Corporation (South Korea), CSL Silicone Inc. (Canada), Momentive Performance Materials (US), Kaneka Corporation (Japan), Elkem Silicones (France), Rogers Corporation (U.S.), Nusil (U.S.).

This research report includes the following segmentation for the Automotive Silicone market size and forecast until 2027.

Automotive Silicone Market– By Type:

  • Fluids
  • Gels
  • Elastomers
  • Resins

Automotive Silicone Market– By Application:

  • Electrical
  • Engines
  • Interior & Exterior

Automotive Silicone Market– By Geography:

North America                                                 

  • United States                                
  • Canada                                          


  • United Kingdom                                            
  • Germany                                       
  • France                                           
  • Italy                                
  • Spain                                             


  • China                                             
  • India                                              
  • Japan                                             
  • South Korea                                  

Latin America                                                                              

  • Brazil                                             
  • Argentina                                      
  • Mexico                                          

Middle-East & Africa        

  • Middle-East
  • Africa

The Asia Pacific region had the largest market size in the global market for Automobile Silicone in the year 2018 due to the large customer base in this region. The Asia Pacific region is expected to be the fastest-growing region with the highest CAGR, over other regions, in the global market for Automobile Silicone from 2020 to 2025, due to the increasing demand from growing industries and the scope of future opportunities, mainly in developing countries like Japan, China, and India. North America was next in the lead in the global market for Automobile Silicone in 2018, due to the presence of leading participants in this region and is anticipated to remain in the same position by the end of the forecast period.

Europe, on the other hand, is anticipated to have a stable market growth in the aforementioned forecast period due to the well-established industries and the current economic crisis in the western world. The low CAGR in the North American and European regions is mainly due to the regional dominance of Asia Pacific attributed to its cheap labor and resource availability, which results in the concentration of global in the Asia Pacific. The Middle East & Africa and Latin America regions, being in the low developing countries due to the contribution of low GDP countries, have fewer chances for industry growth. Hence, the Automotive Silicone market in these regions is slow-growing in nature.

Prominent Companies in the Automotive Silicone market analyzed in the report are:

  1. DowDupont (US)

  2. ACC Silicones Ltd (U.K)

  3. Wacker Chemie (Germany)

  4. Bostik (U.S.)

  5. Shin-Etsu Chemical Co. Ltd. (Japan)

  6. Evonik Industries AG (Germany)

  7. KCC Corporation (South Korea)

  8. CSL Silicone Inc. (Canada)

  9. Momentive Performance Materials (US)

  10. Kaneka Corporation (Japan)

  11. Elkem Silicones (France)

  12. Rogers Corporation (U.S.)

  13. Nusil (U.S.)

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Elastomers              

                                5.1.3 Gels           

                                5.1.4 Resins       

                                5.1.5 Fluids        

                                5.1.6 Others      

                                5.1.7 Y-o-Y Growth Analysis, By Type      

                                5.1.8 Market Attractiveness Analysis, By Type    

                                5.1.9 Market Share Analysis, By Type      

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Interior & Exterior

                                5.2.3 Engines    

                                5.2.4 Electrical  

                                5.2.5 Others      

                                5.2.6 Y-o-Y Growth Analysis, By Application         

                                5.2.7 Market Attractiveness Analysis, By Application        

                                5.2.8 Market Share Analysis, By Application         

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                       By Geographical Area

                                       By Type

                                       By Application

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Type

                                       By Application

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Type

                                       By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 Kaneka Corporation                           

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 ACC Silicones Ltd                      

                8.3 DowDuPont               

                8.4 Wacker Chemie                        

                8.5 Bostik                           

                8.6 Evonik Industries AG                              

                8.7  KCC Corporation                      

                8.8 CSL Silicone Inc                         

                8.9 Elkem Silicones                         

                8.10 Momentive performance materials                 

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          


                a) List of Tables                

                b) List of Figures                              

  1. Global Automotive Silicone Market Market By Region, From 2022 - 2027 ( USD Billion )

  2. Global Automotive Silicone Market Market By Type, From 2022 - 2027 ( USD Billion )

  3. Global Elastomers Market By Region, From 2022 - 2027 ( USD Billion )

  4. Global Gels Market By Region, From 2022 - 2027 ( USD Billion )

  5. Global  Resins Market By Region, From 2022 - 2027 ( USD Billion )

  6. Global Fluids Market By Region, From 2022 - 2027 ( USD Billion )

  7. Global Others Market By Region, From 2022 - 2027 ( USD Billion )

  8. Global Automobile Silicone Market Market By Application, From 2022 - 2027 ( USD Billion )

  9. Global Interior & Exterior Market By Region, From 2022 - 2027 ( USD Billion )

  10. Global Engines Market By Region, From 2022 - 2027 ( USD Billion )

  11. Global Electrical Market By Region, From 2022 - 2027 ( USD Billion )

  12. Global Others Market By Region, From 2022 - 2027 ( USD Billion )

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