Silicone Elastomers Global Market Report 2026

Silicone elastomers are versatile materials extensively used for electrical insulation purposes, including as sheets, tapes, coverings for wires and cables, extruded sleeving, moldings, and various other applications. These elastomers, known for their heat stability and elasticity, play a crucial role in providing high-quality prefabricated building elements.

The main types of silicone elastomers include high-temperature vulcanized, room temperature vulcanized, and liquid silicone rubber. High-temperature vulcanized rubber exhibits robust mechanical properties within the elastomer product space and is employed in processes such as compression molding, extrusion, and injection molding. Different process types involved in the manufacturing of silicone elastomers include compression molding, liquid injection molding, injection molding, extrusion, and others. These silicone elastomers find applications across various industries, including automotive and transportation, electrical and electronics, healthcare, consumer goods, industrial machinery, and other end-user sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the silicone elastomers market by increasing costs of imported silicone polymers, catalysts, processing equipment, and specialty additives. Automotive and electronics manufacturers in North America and Europe are most affected due to dependence on imported raw materials, while Asia-Pacific faces cost pressure on export-oriented elastomer production. These tariffs are impacting production costs and pricing strategies. However, they are also encouraging local material synthesis, regional compounding facilities, and supply chain diversification.

The silicone elastomers market research report is one of a series of new reports from The Business Research Company that provides silicone elastomers market statistics, including silicone elastomers industry global market size, regional shares, competitors with a silicone elastomers market share, detailed silicone elastomers market segments, market trends and opportunities, and any further data you may need to thrive in the silicone elastomers industry. This silicone elastomers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The silicone elastomers market size has grown strongly in recent years. It will grow from $9.12 billion in 2025 to $9.98 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to expansion of automotive manufacturing applications, increasing demand for electrical insulation materials, growth of healthcare device production, rising use in industrial machinery, availability of advanced silicone processing techniques.

The silicone elastomers market size is expected to see strong growth in the next few years. It will grow to $14.1 billion in 2030 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing adoption of electric vehicles, rising demand for lightweight and durable materials, expansion of renewable energy infrastructure, growing focus on high-performance polymers, increasing innovation in silicone formulations. Major trends in the forecast period include increasing use of silicone elastomers in ev components, rising demand for high-temperature resistant elastomers, growing adoption in medical and healthcare devices, expansion of advanced molding technologies, enhanced focus on durable electrical insulation materials.

The rapid growth of the automotive industry is expected to drive the silicone elastomers market going forward. Silicone elastomers are versatile polymers used in vehicle components such as engine and gearbox gaskets, powertrain sealing, battery module encapsulation, and vibration-damping parts, playing a key role in ensuring durability, thermal stability, and overall performance of automotive systems. Increasing automotive production and vehicle ownership is boosting demand for high-performance elastomer materials, fueling market growth. For example, in October 2025, Statistics Canada, a Canada-based government agency, reported 1,852,738 new motor vehicle registrations, an 8.0% increase from 2023, with total registered road vehicles reaching 26.8 million, a 4.2% year-on-year rise. Therefore, the expanding automotive industry is driving the silicone elastomers market.

Major companies in the silicone elastomers market are prioritizing customer experience by developing innovative products, such as elastomer blends, to create visually appealing and effective formulations. A silicone elastomer blend is a composite material that merges silicone elastomers with other polymers or materials to improve specific properties. For example, in April 2023, DuPont de Nemours, Inc., a US-based chemicals company, launched new silicone elastomer blends for topical applications. This new range includes low-cyclosiloxane silicone elastomer and silicone resin blends designed to address the increasing consumer demand for products aimed at various skin conditions. These blends not only enhance the delivery of active pharmaceutical ingredients in topical formulations but also prioritize user experience and comfort. Additionally, they are designed to comply with evolving regulatory standards and support commitments toward achieving the United Nations Sustainable Development Goals, particularly in promoting good health and well-being for all.

In May 2024, Wacker Chemie AG, a chemical company based in Germany, acquired BioMed Sciences Inc. for an undisclosed sum. This strategic acquisition is intended to strengthen WACKER's ability to produce silicone-coated healthcare products, especially within the expanding market for medical devices and wound care solutions. BioMed Sciences Inc. is a US-based medical technology company that specializes in providing silicone elastomeric sheets.

Major companies operating in the silicone elastomers market are Mesgo S.p.A., Momentive Performance Materials Inc., Shin-Etsu Chemical Co., KCC Corporation Ltd., China National BlueStar (Group) Co. Ltd., Specialty Silicone Products, ContiTech AG, Dow Corning Inc., Wacker Chemie AG, Saint-Gobain, Bentec Medical LLC, Zhejiang Xinan Chemical Group Company Limited, Reiss Tech Inc., Cabot Corporation, Shenzhen Inno Silica Co. Ltd., ICM Products Inc., 2D Chemical Ltd., Elkem ASA, Silchem Inc., Novagard Solutions, Quantum Silicones LLC, Accurate Products Co., NuSil Technology LLC, Silteq Limited, Gelest Inc., Hoshine Silicon Industry Co. Ltd., Rogers Corporation, Applied Silicone Corporation

North America was the largest region in the silicone elastomers market in 2025. Asia-Pacific is expected to be the fastest-growing region in the market share. The regions covered in the silicone elastomers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the silicone elastomers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The silicone elastomers market consists of sales of high-consistency rubber and fluorosilcone. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Silicone Elastomers Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses silicone elastomers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for silicone elastomers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The silicone elastomers market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: High Temperature Vulcanized; Room Temperature Vulcanizing; Liquid Silicone Rubber
• 2) By Process: Compression Molding; Liquid Injection Molding; Injection Molding; Extrusion; Other Process Types
• 3) By End User: Automotive and Transportation; Electrical and Electronics; Healthcare; Consumer Goods; Industrial Machinery; Other End Users
• Subsegments:
• 1) By High Temperature Vulcanized: Solid HTV; Compounded HTV
• 2) By Room Temperature Vulcanizing: RTV-1; RTV-2
• 3) By Liquid Silicone Rubber: High-Consistency LSR; Low-Consistency LSR
• Companies Mentioned: Mesgo S.p.A.; Momentive Performance Materials Inc.; Shin-Etsu Chemical Co.; KCC Corporation Ltd.; China National BlueStar (Group) Co. Ltd.; Specialty Silicone Products; ContiTech AG; Dow Corning Inc.; Wacker Chemie AG; Saint-Gobain; Bentec Medical LLC; Zhejiang Xinan Chemical Group Company Limited; Reiss Tech Inc.; Cabot Corporation; Shenzhen Inno Silica Co. Ltd.; ICM Products Inc.; 2D Chemical Ltd.; Elkem ASA; Silchem Inc.; Novagard Solutions; Quantum Silicones LLC; Accurate Products Co.; NuSil Technology LLC; Silteq Limited; Gelest Inc.; Hoshine Silicon Industry Co. Ltd.; Rogers Corporation; Applied Silicone Corporation
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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