Automotive Silicone Market Research Report - Forecast to 2027

Global Automotive Silicone Market Information: by-product (elastomers, adhesives & sealants, resins), application (interior & exterior parts, electrical system, engine & drive train system, suspension system), and region- Forecast till 2027

ID: MRFR/CnM/4372-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Automotive silicone offers superior properties to increase the efficiency of the vehicle, such as strength, resistance, and durability. Its resistance to abrasion, ultraviolet radiation, and chemicals make silicone the best choice in the automotive sector.


The global automotive silicone market is majorly driven by the increasing demand for lightweight, efficient, and durable automotive across the globe. This growth is attributed to the shifting trends of lifestyle and high disposable income. Automotive silicones are widely consumed in the automotive sector for manufacturing windshield lining, cables, ignition sets, airbag cushion coatings, and radiator seals among others. Additionally, the automotive silicone provides load bearing, vibration suppression, and protective shock absorption to the seats and dashboards, making the vehicle more comfortable. It is also used in tire remolding and lubricants to increase performance and durability of the engines. Furthermore, favoring government regulations and acts such as Clean Air Act and Clean Water Act by regulatory bodies has augmented the market growth during the assessment period. The Corporate Average Fuel Economy (CAFÉ) has set standards for fuel consumption by 2025, and the European Union has mandated to reduce CO2 emissions by 2020, which may augment the market growth. Additionally, EU Regulation 443/2009 sets an average CO2 emissions target for new passenger cars of 130gCO2/km, which may influence the demand for lightweight and efficient motors. Moreover, recent technological advancements such as the convenient use of silicone rubber with thermoplastics to provide improvements in scratch & mar resistance and lowered frictional coefficient are likely to propel the market growth over the next seven years. The increasing trend for the usage of the electric and hybrid vehicle and the use of silicone in making parts of them is anticipated to offer substantial market growth during the review period.


Global Automotive Silicone, by the application (%)


 Automotive Silicone Market


Source: MRFR analysis


Regional Analysis


The global automotive silicone market is segmented into five regions of Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Asia Pacific is the leading region in the global automotive silicone market on account of the high production and sales of automotive in the region. The growing automotive industry in Japan, India, and China is the major factor driving the growth of the global market. The major automotive manufacturers in Asia Pacific region include Toyota, Honda, Nissan, Ford, Hyundai, and others. Furthermore, government regulations concerning the reduction of CO2 emissions and for environmental protection are likely to augment the market growth.


The North American regional market is growing on account of reviving automotive industry. The demand for the fuel-efficient vehicle along with the high disposable income is anticipated to fuel the market growth in the region.


Europe is expected to witness a significant growth due to the increased production and exportation of automotive parts in western European countries such as Germany, U.K, and others.


The increasing production and sales of automotive in Brazil is the major factor driving the global automotive silicone market in the Latin American region.


The growing demand for automotive in the Middle East & Africa is likely to propel the market growth in the coming years.


Segmentation


The global automotive silicone market is segmented on the basis of the product, application, and region.


The global automotive silicone market is segmented on the basis of the product as elastomers, adhesives & sealants, resins, and others.


By the application, the global automotive silicone market is segmented into interior & exterior, electrical system, engine & drive train system, suspension system, and others.


Geographically, the global automotive silicone market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Key Players


Some of the manufacturers operating in the global automotive silicone market are Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Momentive (U.S.), Elkem Silicone (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), Rogers Corporation (U.S.), Nusil (U.S.), Bostik (U.S.), Evonik Industries AG (Germany), KCC Corporation (South Korea), ACC Silicones Ltd (U.K), CSL Silicone Inc. (Canada), and Kaneka Corporation (Japan).


Intended Audience



  • Automotive silicone Manufacturers

  • Traders and distributors of automotive silicone

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory


 



Frequently Asked Questions (FAQ) :


The automotive silicone market is segmented based on application (suspension system, interior and exterior parts, engine and drive train system, and electrical system, and product (resins, elastomers, adhesives and sealants).

Asia Pacific will have the maximum share in the market during the forecast period.

Growing demand for lightweight automobiles, government regulations regarding environmental protection, growing trend for hybrid and electric cars, and technological advancements are adding to the growth of the automotive silicone market.

Notable players profiled in the automotive silicone market include Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Rogers Corporation (USA), Nusil (USA), KCC Corporation (South Korea), Momentive (USA), Kaneka Corporation (Japan), Evonik Industries AG (Germany), Elkem Silicone (USA), Dow Corning Corporation (USA), CSL Silicone Inc. (Canada), Bostik (USA), and ACC Silicones Ltd (UK).

Automotive silicone is widely used in the suspension system, drive train system and engine, exterior and interior parts, and electrical system.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Impact Analysis of Global Automotive Silicone Market

4.1 Supply Chain Analysis

4.1.1 Raw material suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-commerce

4.1.4 End users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Automotive Silicone Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

6. Global Automotive Silicone Market by Product

6.1 Introduction

6.2 Elastomers

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Adhesives

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Resins

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

6.5 Others

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast by Region, 2020-2027

7. Global Automotive Silicone Market, By Application

7.1 Introduction

7.2 Interior & exterior parts

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Electrical system

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Engine & drive train system

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Suspension system

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Automotive Silicone Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Product, 2020-2027

8.2.3 Market Estimates & Forecast by Application, 2020-2027

8.2.4 U.S.

8.2.4.1 Market Estimates & Forecast, 2020-2027

8.2.4.2 Market Estimates & Forecast by Product, 2020-2027

8.2.4.3 Market Estimates & Forecast by Application, 2020-2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast by Product, 2020-2027

8.2.5.3 Market Estimates & Forecast by Application, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Product, 2020-2027

8.3.3 Market Estimates & Forecast by Application, 2020-2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020-2027

8.3.4.2 Market Estimates & Forecast by Product, 2020-2027

8.3.4.3 Market Estimates & Forecast by Application, 2020-2027

8.3.5. France

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast by Product, 2020-2027

8.3.5.3 Market Estimates & Forecast by Application, 2020-2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast by Product, 2020-2027

8.3.6.3 Market Estimates & Forecast by Application, 2020-2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast by Product, 2020-2027

8.3.7.3 Market Estimates & Forecast by Application, 2020-2027

8.3.8 U.K

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast by Product, 2020-2027

8.3.8.3 Market Estimates & Forecast by Application, 2020-2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast by Product, 2020-2027

8.3.9.3 Market Estimates & Forecast by Application, 2020-2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020-2027

8.3.10.2 Market Estimates & Forecast by Product, 2020-2027

8.3.10.3 Market Estimates & Forecast by Application, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Product, 2020-2027

8.4.3 Market Estimates & Forecast by Application, 2020-2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020-2027

8.4.4.2 Market Estimates & Forecast by Product, 2020-2027

8.4.4.3 Market Estimates & Forecast by Application, 2020-2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast by Product, 2020-2027

8.4.5.3 Market Estimates & Forecast by Application, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast by Product, 2020-2027

8.4.6.3 Market Estimates & Forecast by Application, 2020-2027

8.4.7 Australia

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast by Product, 2020-2027

8.4.7.3 Market Estimates & Forecast by Application, 2020-2027

8.4.8 New Zealand

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast by Product, 2020-2027

8.4.8.3 Market Estimates & Forecast by Application, 2020-2027

8.4.9 Rest of Asia Pacific

8.4.9.1 Market Estimates & Forecast, 2020-2027

8.4.9.2 Market Estimates & Forecast by Product, 2020-2027

8.4.9.3 Market Estimates & Forecast by Application, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Product, 2020-2027

8.5.3 Market Estimates & Forecast by Application, 2020-2027

8.5.4 Turkey

8.5.4.1 Market Estimates & Forecast, 2020-2027

8.5.4.2 Market Estimates & Forecast by Product, 2020-2027

8.5.4.3 Market Estimates & Forecast by Application, 2020-2027


8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast by Product, 2020-2027

8.5.5.3 Market Estimates & Forecast by Application, 2020-2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast by Product, 2020-2027

8.5.6.3 Market Estimates & Forecast by Application, 2020-2027

8.5.7 GCC

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast by Product, 2020-2027

8.5.7.3 Market Estimates & Forecast by Application, 2020-2027


8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast by Product, 2020-2027

8.5.8.3 Market Estimates & Forecast by Application, 2020-2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Product, 2020-2027

8.6.3 Market Estimates & Forecast by Application, 2020-2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020-2027

8.6.4.2 Market Estimates & Forecast by Product, 2020-2027

8.6.4.3 Market Estimates & Forecast by Application, 2020-2027

8.6.5 Mexico

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast by Product, 2020-2027

8.6.5.3 Market Estimates & Forecast by Application, 2020-2027

8.6.6 Argentina

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast by Product, 2020-2027

8.6.6.3 Market Estimates & Forecast by Application, 2020-2027


8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast by Product, 2020-2027

8.6.7.3 Market Estimates & Forecast by Application, 2020-2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

10. Company Profiles

10.1 Wacker Chemie AG

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Dow Corning Corporation

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Momentive

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Elkem Silicone

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Shin-Etsu Chemical Co., Ltd.

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Rogers Corporation

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Nusil

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Bostik

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Evonik Industries AG

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 KCC Corporation

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 ACC Silicones Ltd

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 CSL Silicone Inc.

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 Kaneka Corporation

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Strategy

10.13.5 Key Developments

10.13.6 SWOT Analysis

11. Conclusion

LIST OF TABLES


Table 1 Global Automotive Silicone market: By Region, 2020-2027

Table 2 North America Automotive Silicone market: By Country, 2020-2027

Table 3 Europe Automotive Silicone market: By Country, 2020-2027

Table 4 Asia-Pacific Automotive Silicone market: By Country, 2020-2027

Table 5 Middle East & Africa Automotive Silicone market: By Country, 2020-2027

Table 6 Latin America Automotive Silicone market: By Country, 2020-2027

Table 7 Global Automotive Silicone by Product Market: By Regions, 2020-2027

Table 8 North America Automotive Silicone by Product Market: By Country, 2020-2027

Table 9 Europe Automotive Silicone by Product Market: By Country, 2020-2027

Table10 Asia-Pacific Automotive Silicone by Product Market: By Country, 2020-2027

Table11 Middle East & Africa Automotive Silicone by Product Market: By Country, 2020-2027

Table12 Latin America Automotive Silicone by Product Market: By Country, 2020-2027

Table13 Global Automotive Silicone by Application Market: By Regions, 2020-2027

Table14 North America Automotive Silicone by Application Market: By Country, 2020-2027

Table15 Europe Automotive Silicone by Application Market: By Country, 2020-2027

Table16 Asia-Pacific Automotive Silicone by Application Market: By Country, 2020-2027

Table17 Middle East & Africa Automotive Silicone by Application Market: By Country, 2020-2027

Table18 Latin America Automotive Silicone by Application Market: By Country, 2020-2027

Table19 Global Product Market: By Region, 2020-2027

Table20 Global Application Market: By Region, 2020-2027

Table21 North America Automotive Silicone market, By Country

Table22 North America Automotive Silicone market, By Product

Table23 North America Automotive Silicone market, By Application

Table24 Europe: Automotive Silicone market, By Country

Table25 Europe: Automotive Silicone market, By Product

Table26 Europe: Automotive Silicone market, By Application

Table27 Asia-Pacific: Automotive Silicone market, By Country

Table28 Asia-Pacific: Automotive Silicone market, By Product

Table29 Asia-Pacific: Automotive Silicone market, By Application

Table30 Middle East & Africa: Automotive Silicone market, By Country

Table31 Middle East & Africa Automotive Silicone market, By Product

Table32 Middle East & Africa Automotive Silicone market, By Application

Table33 Latin America: Automotive Silicone market, By Country

Table34 Latin America Automotive Silicone market, By Product

Table35 Latin America Automotive Silicone market, By Application

LIST OF FIGURES

FIGURE 1 Global Automotive Silicone market segmentation

FIGURE 2 Forecast Printing methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Automotive Silicone market

FIGURE 4 Value Chain of Global Automotive Silicone market

FIGURE 5 Share of Global Automotive Silicone market in 2020, by country (in %)

FIGURE 6 Global Automotive Silicone market, 2020-2027,

FIGURE 7 Global Automotive Silicone market size by Product, 2015

FIGURE 8 Share of Global Automotive Silicone market by Product, 2020-2027

FIGURE 9 Global Automotive Silicone market size by Application, 2020

FIGURE 10 Share of Global Automotive Silicone market by Application, 2020-2027