Market Overview:
The global automotive silicone materials market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles, especially in developing countries such as China and India. In addition, the increasing use of silicone materials in various applications such as interior & exterior, engines, electrical and others is also contributing to the growth of this market. Some of the major players operating in this market are DowDuPont (US), Shin-Etsu Chemical (Japan), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (US) and Elkem ASA (Norway).
Product Definition:
Automotive silicone materials are used in a variety of applications in the automotive industry. They can be used as sealants, lubricants, or adhesives. Silicone is important because it is a versatile material that can be used in a number of different ways to improve automotive performance.
Elastomers:
Elastomers are polymers with the elasticity of rubber and the resiliency of plastics. They can be categorized as thermoplastic elastomers (TPEs) and thermosetting elastomers (TSe).
Resins:
Resins are natural or synthetic materials that when applied to a solid base material, give it elasticity and strength. The most common resins used in the automotive industry include phenolic resins, polyester resin and epoxy resin. Silicone materials are also known as silicon polymers or silicones which is derived from silica.
Application Insights:
The interior & exterior application segment led the market and accounted for more than 45.0% share of the global revenue in 2017. Growing demand for automotive paints that offer enhanced resistance to abrasion, chemical agents, heat and UV light is expected to have a positive impact on product demand over the forecast period.
Interior & exterior components are majorly manufactured using synthetic rubber or plastic materials; however, increasing use of silicone products in interior components such as mats, seat covers and airbags is likely to propel market growth over the coming years. In addition, growing preference for soft touch surfaces such as steering wheels and gear knob is anticipated to augment industry growth further.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global vehicle production, sales, and exports. It is also projected to be one of the fastest-growing markets for automotive silicone materials on account of rapid industrialization along with supportive government policies aimed at promoting domestic manufacturing activities in order to reduce dependence on imports.
The European market held a significant share owing to stringent emission norms implemented by governments across Europe that have forced manufacturers in this region adopt eco-friendly practices while designing new vehicles or retrofitting existing ones with improved efficiency levels as per these norms. This factor is anticipated to bode well for growth prospects of automotive silicones materials in Europe during the forecast period.
Growth Factors:
- Increasing demand for lightweight vehicles: The automotive industry is witnessing a shift towards the development of lightweight vehicles in order to improve fuel efficiency. This is resulting in an increased demand for automotive silicone materials, which are used in various applications such as seals, gaskets, and hoses to reduce weight and improve performance.
- Growing popularity of electric vehicles: Electric vehicles are gaining popularity due to their low emissions and environmental benefits. This is resulting in an increase in the demand for automotive silicone materials used in components such as wiring harnesses, insulation tapes, and connectors.
- Rising investment in autonomous cars: Autonomous cars require advanced sensors and control systems that use a large number of electronic components. This is leading to an increase in the demand for automotive silicone materials used in these systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Silicone Materials Market Research Report
By Type
Elastomers, Resins, Gels, Fluids
By Application
Interior & Exterior, Engines, Electrical, Others
By Companies
DowDuPont, Wacker Chemie (Germany), Momentive Performance Materials (US), Evonik (Germany), Shin-Etsu (Japan), Elkem (Norway), KCC Corporation (South Korea), Henkel AG & Co. (Germany), Siltech (Canada), Primasil Silicones (UK), DowDuPont
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Silicone Materials Market Report Segments:
The global Automotive Silicone Materials market is segmented on the basis of:
Types
Elastomers, Resins, Gels, Fluids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Interior & Exterior, Engines, Electrical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DowDuPont
- Wacker Chemie (Germany)
- Momentive Performance Materials (US)
- Evonik (Germany)
- Shin-Etsu (Japan)
- Elkem (Norway)
- KCC Corporation (South Korea)
- Henkel AG & Co. (Germany)
- Siltech (Canada)
- Primasil Silicones (UK)
- DowDuPont
Highlights of The Automotive Silicone Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Elastomers
- Resins
- Gels
- Fluids
- By Application:
- Interior & Exterior
- Engines
- Electrical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Silicone Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive silicone materials are used to make parts for cars, trucks, and other vehicles. They are made of a type of silicone that is resistant to heat and oil. This makes them perfect for use in areas where the material might come into contact with hot engines or oil.
Some of the major companies in the automotive silicone materials market are DowDuPont, Wacker Chemie (Germany), Momentive Performance Materials (US), Evonik (Germany), Shin-Etsu (Japan), Elkem (Norway), KCC Corporation (South Korea), Henkel AG & Co. (Germany), Siltech (Canada), Primasil Silicones (UK), DowDuPont.
The automotive silicone materials market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Silicone Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Silicone Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Silicone Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Silicone Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Silicone Materials Market Size & Forecast, 2018-2028
4.5.1 Automotive Silicone Materials Market Size and Y-o-Y Growth
4.5.2 Automotive Silicone Materials Market Absolute $ Opportunity
Chapter 5 Global Automotive Silicone Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Silicone Materials Market Size Forecast by Type
5.2.1 Elastomers
5.2.2 Resins
5.2.3 Gels
5.2.4 Fluids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Silicone Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Silicone Materials Market Size Forecast by Applications
6.2.1 Interior & Exterior
6.2.2 Engines
6.2.3 Electrical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Silicone Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Silicone Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Silicone Materials Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Silicone Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Silicone Materials Market Size Forecast by Type
9.6.1 Elastomers
9.6.2 Resins
9.6.3 Gels
9.6.4 Fluids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Silicone Materials Market Size Forecast by Applications
9.10.1 Interior & Exterior
9.10.2 Engines
9.10.3 Electrical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Silicone Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Silicone Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Silicone Materials Market Size Forecast by Type
10.6.1 Elastomers
10.6.2 Resins
10.6.3 Gels
10.6.4 Fluids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Silicone Materials Market Size Forecast by Applications
10.10.1 Interior & Exterior
10.10.2 Engines
10.10.3 Electrical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Silicone Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Silicone Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Silicone Materials Market Size Forecast by Type
11.6.1 Elastomers
11.6.2 Resins
11.6.3 Gels
11.6.4 Fluids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Silicone Materials Market Size Forecast by Applications
11.10.1 Interior & Exterior
11.10.2 Engines
11.10.3 Electrical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Silicone Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Silicone Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Silicone Materials Market Size Forecast by Type
12.6.1 Elastomers
12.6.2 Resins
12.6.3 Gels
12.6.4 Fluids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Silicone Materials Market Size Forecast by Applications
12.10.1 Interior & Exterior
12.10.2 Engines
12.10.3 Electrical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Silicone Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Silicone Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Silicone Materials Market Size Forecast by Type
13.6.1 Elastomers
13.6.2 Resins
13.6.3 Gels
13.6.4 Fluids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Silicone Materials Market Size Forecast by Applications
13.10.1 Interior & Exterior
13.10.2 Engines
13.10.3 Electrical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Silicone Materials Market: Competitive Dashboard
14.2 Global Automotive Silicone Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDuPont
14.3.2 Wacker Chemie (Germany)
14.3.3 Momentive Performance Materials (US)
14.3.4 Evonik (Germany)
14.3.5 Shin-Etsu (Japan)
14.3.6 Elkem (Norway)
14.3.7 KCC Corporation (South Korea)
14.3.8 Henkel AG & Co. (Germany)
14.3.9 Siltech (Canada)
14.3.10 Primasil Silicones (UK)
14.3.11 DowDuPont
