Automotive Silicone Market - By Type, By Vehicle Type, By Application & Forecast, 2023

Description

List of Tables

The global automotive silicone market will showcase over 7.3% CAGR from 2023-2032. The increasing demand for lightweight and fuel-efficient vehicles has led to a surge in the adoption of silicone-based materials, as they offer superior thermal and mechanical properties while reducing overall vehicle weight.

Stringent environmental regulations have necessitated the use of silicone in automotive components to enhance durability and reduce emissions. The growing trend towards electric and autonomous vehicles relies heavily on advanced silicone technologies for electric insulation and sensor applications.

The expanding electric vehicle charging infrastructure will further drive the sales of silicone-based cable and connector solutions. Along with this, consumer preferences for enhanced comfort and aesthetics in vehicles will lead to increased utilization of silicone-based interior and exterior components, contributing to the industry's growth.

The market is segregated based on type, vehicle type, application, and region.

The silicone adhesive segment will account for a sizeable share of the automotive silicone market by 2032, driven by the rising trend of vehicle electrification, where silicone adhesives play a pivotal role in assembling electric components. Additionally, stringent emissions standards will further augment sales of silicone adhesives due to their exceptional resistance to extreme temperatures.

Based on vehicle type, the commercial vehicle segment will accumulate a substantial market share by 2032, driven by factors such as increasing demand for heavy-duty trucks and buses for logistics and transportation. Moreover, the need for robust and durable silicone-based components in commercial vehicles to withstand heavy usage and environmental factors will foster growth in the segment.

Based on application, the electrical system segment will reflect a commendable CAGR during 2023-2032. The thriving electric vehicle (EV) industry, requiring advanced silicone materials for electrical insulation and component protection will fuel growth in the segment. The demand for efficient thermal management solutions in EVs will further drive the adoption of silicone-based products.

Regionally, the Europe automotive silicone market will exhibit a noteworthy CAGR through 2032, driven by factors such as stringent regulations promoting fuel efficiency and emissions reduction. The increasing adoption of electric vehicles and advancements in automotive technology will further drive the regional industry.

Product Code: 6412

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Automotive silicone industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Type trends
2.4 Vehicle type trends
2.5 Application trends
2.6 Regional trends

Chapter 3 Automotive silicone Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
- 3.3.1 By type
- 3.3.2 By vehicle
- 3.3.3 By application
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Automotive silicone Market Size and Forecast, By Type 2018 - 2032

5.1 Silicone Elastomers
5.2 Silicone Adhesives and Sealants
5.3 Silicone Fluids and Greases
5.4 Silicone Resins

Chapter 6 Automotive silicone Market Size and Forecast, By Vehicle Type 2018 - 2032

6.1 Passenger Vehicles
6.2 Commercial Vehicles
6.3 Electric and Hybrid Vehicles

Chapter 7 Automotive silicone Market Size and Forecast, By Application 2018 - 2032

7.1 Interior & Exterior
7.2 Electrical System
7.3 Engine & Drive Train System
7.4 Suspension System
7.5 Others

Chapter 8 Automotive silicone Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 Dow Inc. (United States)
9.2 Wacker Chemie AG (Germany)
9.3 Elkem ASA (Norway)
9.4 Momentive Performance Materials Inc. (United States)
9.5 Shin-Etsu Chemical Co., Ltd. (Japan)
9.6 KCC Corporation (South Korea)
9.7 Reiss Manufacturing, Inc. (United States)
9.8 Kaneka Corporation (Japan)
9.9 Reiss Manufacturing, Inc. (United States)
9.10 Specialty Silicone Products, Inc. (United States)
9.11 Quantum Silicones, LLC (United States)
9.12 Reiss Manufacturing, Inc. (United States)
9.13 Evonik Industries AG (Germany)
9.14 Mesgo S.p.A. (Italy)
9.15 Siltech Corporation (Canada)