PUBLISHER: Grand View Research | PRODUCT CODE: 1790240
PUBLISHER: Grand View Research | PRODUCT CODE: 1790240
Automotive Silicone Market Summary
The global automotive silicone market size was estimated at USD 10.21 billion in 2024 and is projected to reach USD 21.03 billion by 2033, growing at a CAGR of 8.5% from 2025 to 2033. Factors such as the growth in demand for silicones in various automotive applications and government regulations on vehicle emissions are expected to boost the market in the forecast period.
The automotive silicone industry is set to experience steady growth, fueled by a rising demand for high-performance materials that improve vehicle efficiency, durability, and safety. The outstanding thermal stability, electrical insulation, and weather resistance of silicone render it crucial for various automotive applications such as gaskets, hoses, seals, lighting, electronics, and interior components. As original equipment manufacturers (OEMs) seek to lessen vehicle weight and enhance fuel efficiency, silicone's adaptability and capacity to replace traditional heavier materials make it a favored option for both internal combustion engine and electric vehicle platforms.
The automotive silicone industry is set to experience steady growth, fuelled by a rising demand for high-performance materials that improve vehicle efficiency, durability, and safety. The outstanding thermal stability, electrical insulation, and weather resistance of silicone render it crucial for various automotive applications such as gaskets, hoses, seals, lighting, electronics, and interior components. As original equipment manufacturers (OEMs) seek to lessen vehicle weight and enhance fuel efficiency, silicone's adaptability and capacity to replace traditional heavier materials make it a favoured option for both internal combustion engine and electric vehicle platforms.
Global Automotive Silicone Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the automotive silicone market report based on product, application, and region: