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Pulished Date April, 2021
ID: 8106
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Automobile 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 | 2021 - 2026

Pulished: April, 2021
ID: 8106
Pages: 175

Automobile Silicone Market Size, Share & Growth (2021 - 2026)

The Global Automobile 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.

Automobile silicone provides superior properties to escalate the efficiency of the vehicle, like strength, resistance, and durability. Its resistance to abrasion, ultraviolet radiation, and chemicals make silicone the perfect choice in the automobile sector. The Automobile Silicone is a fast developing global market which is anticipated to be mainly driven by the high demand for the interior and exterior components of the vehicle which use silicone. Also, the market will witness a growth at a 7.25 % CAGR to reach a total of USD 3.36 billion.

Recent Developments                                               

The Dow Chemical Company, a United States-based key player of 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.

Automobile Silicone Market Growth Drivers

The global automotive silicone market is majorly driven by the fast growth of the automotive industry is in demand over the past years. The global market is anticipated to be driven also by the demand for interior and exterior applications of the 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 of 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 which 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.

This research report includes following segmentation for the Automobile Silicone Market size and forecast until 2026.

Automobile Silicone Market – By Type

  • Fluids
  • Gels
  • Elastomers
  • Resins

Automobile Silicone Market – By Application

  • Electrical
  • Engines
  • Interior & Exterior

Automobile 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 during 2020 to 2025, due to the increasing demand from growing industries and 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 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 Automobile Silicone Market in these regions is slow growing in nature.

Prominent Companies in the Automobile 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                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  •  to provide both individuals and organizations Investment opportunitiesExpertly devised analyst overview along with a strong financial foothold in the market

  1. Global Automobile Silicone Market Market By Region, From 2021-2026 ( USD Billion )

  2. Global Automobile Silicone Market Market By Type, From 2021-2026 ( USD Billion )

  3. Global Elastomers Market By Region, From 2021-2026 ( USD Billion )

  4. Global Gels Market By Region, From 2021-2026 ( USD Billion )

  5. Global  Resins Market By Region, From 2021-2026 ( USD Billion )

  6. Global Fluids Market By Region, From 2021-2026 ( USD Billion )

  7. Global Others Market By Region, From 2021-2026 ( USD Billion )

  8. Global Automobile Silicone Market Market By Application, From 2021-2026 ( USD Billion )

  9. Global Interior & Exterior Market By Region, From 2021-2026 ( USD Billion )

  10. Global Engines Market By Region, From 2021-2026 ( USD Billion )

  11. Global Electrical Market By Region, From 2021-2026 ( USD Billion )

  12. Global Others Market By Region, From 2021-2026 ( USD Billion )

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