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US Silicone Elastomers Market

ID: MRFR/CnM/13706-HCR
100 Pages
Chitranshi Jaiswal
October 2025

US Silicone Elastomers Market Research Report: By Type (High Temperature Vulcanized, Liquid Silicone Rubber, Room Temperature Vulcanized) and By Application (Automotive, Electrical & Electronics, Healthcare, Others) - Forecast to 2035

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US Silicone Elastomers Market Summary

As per Market Research Future analysis, the US silicone elastomers market size was estimated at 1500.0 USD Million in 2024. The US silicone elastomers market is projected to grow from 1539.75 USD Million in 2025 to 2000.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 2.6% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US silicone elastomers market is experiencing robust growth driven by diverse applications and technological advancements.

  • The automotive sector represents the largest segment, with rising demand for silicone elastomers in electric vehicles.
  • Healthcare applications are the fastest-growing segment, reflecting an increased need for biocompatible materials.
  • Sustainable production practices are gaining traction, aligning with global environmental initiatives.
  • Technological advancements in manufacturing and the growth in consumer electronics are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 1500.0 (USD Million)
2035 Market Size 2000.0 (USD Million)
CAGR (2025 - 2035) 2.65%

Major Players

Dow (US), Wacker Chemie AG (DE), Momentive Performance Materials Inc. (US), Shin-Etsu Chemical Co. Ltd. (JP), Elkem ASA (NO), Kraton Corporation (US), Hexpol AB (SE), Trelleborg AB (SE), Silicone Solutions (US)

US Silicone Elastomers Market Trends

Currently, the silicone elastomers market is experiencing notable growth, driven by increasing demand across various industries such as automotive, healthcare, and electronics. These materials are favored for their unique properties, including flexibility, durability, and resistance to extreme temperatures. As manufacturers seek to enhance product performance and longevity, the adoption of silicone elastomers is likely to rise. Furthermore, advancements in technology and production processes may lead to the development of new formulations, catering to specific applications and enhancing market appeal. In addition, sustainability concerns are influencing the silicone elastomers market. Companies are increasingly focusing on eco-friendly practices, which may include the use of renewable resources in production. This shift towards sustainability could attract environmentally conscious consumers and businesses alike. As the market evolves, it appears that innovation and sustainability will play crucial roles in shaping future trends, potentially leading to a more competitive landscape. Overall, the silicone elastomers market is poised for continued expansion, with various factors contributing to its dynamic nature.

Rising Demand in Automotive Applications

The automotive sector is increasingly utilizing silicone elastomers for components such as seals, gaskets, and insulation. This trend is driven by the need for materials that can withstand harsh conditions while providing excellent performance. As vehicles become more advanced, the demand for high-quality silicone elastomers is expected to grow.

Healthcare Sector Expansion

Silicone elastomers are gaining traction in the healthcare industry, particularly for medical devices and implants. Their biocompatibility and resistance to sterilization processes make them ideal for various applications. This trend suggests a growing reliance on silicone elastomers to meet stringent regulatory requirements and enhance patient safety.

Focus on Sustainable Production Practices

There is a noticeable shift towards sustainable manufacturing practices within the silicone elastomers market. Companies are exploring eco-friendly materials and processes to reduce environmental impact. This trend indicates a broader commitment to sustainability, which may resonate with consumers and influence purchasing decisions.

Market Segment Insights

By Type: Liquid Silicone Rubber (Largest) vs. High-Temperature Vulcanized (Fastest-Growing)

In the US silicone elastomers market, Liquid Silicone Rubber (LSR) dominates the share, widely recognized for its versatility and performance across various applications. High-Temperature Vulcanized (HTV) silicone also holds a significant position, catering to sectors requiring high thermal performance, while Room Temperature Vulcanized (RTV) silicone accounts for a smaller share but still plays a vital role in niche markets. The growth trends in this segment are heavily influenced by the rising demand for LSR in automotive, healthcare, and electronics due to its excellent properties such as durability and flexibility. HTV is emerging as the fastest-growing segment driven by innovations in automotive and aerospace industries, while RTV continues to attract interest for its ease of use and quick-setting characteristics, supporting diverse manufacturing processes.

Liquid Silicone Rubber (Dominant) vs. High-Temperature Vulcanized (Emerging)

Liquid Silicone Rubber (LSR) stands out as the dominant player in the US silicone elastomers market due to its exceptional properties, including high resilience and temperature stability, making it suitable for a wide range of applications from automotive parts to medical devices. Its growing popularity is attributed to advancements in manufacturing technology, allowing for efficient production processes. On the other hand, High-Temperature Vulcanized (HTV) silicone is emerging as a significant segment, especially in applications that demand superior thermal resistance. HTV is preferred in industries like aerospace and automotive where extreme conditions are commonplace, providing reliable performance. The interplay of these segments illustrates a robust market dynamic driven by innovation and specific application needs.

By Application: Automotive (Largest) vs. Healthcare (Fastest-Growing)

The application segment of the US silicone elastomers market is notable for its diverse distribution, with automotive holding the largest share, driven by the increasing demand for lightweight and durable materials in vehicle manufacturing. Electrical & electronics is another key player, benefiting from the demand for heat-resistant components, while healthcare continues to reinforce its presence thanks to the rising need for biocompatible materials. The segment's overall distribution underscores the critical role silicone elastomers play across various industries. Growth trends in the application segment are heavily influenced by advancements in technology and innovation in material science. The automotive sector is expanding as electric vehicles gain popularity, pushing the demand for silicone materials that can withstand extreme conditions. Conversely, the healthcare sector is rapidly developing, driven by an aging population and increased health awareness resulting in an uptick in medical device production, thus pushing silicone elastomers to the forefront.

Automotive (Dominant) vs. Healthcare (Emerging)

Automotive silicone elastomers are recognized for their versatility and resilience, making them a dominant force in the market, particularly for their use in seals, gaskets, and other critical automotive components. This segment benefits from the ongoing shift towards electric and hybrid vehicles, which require advanced materials that can withstand extreme climates and provide durability. On the other hand, healthcare silicone elastomers are emerging rapidly, characterized by their biocompatibility and flexibility. As the medical device industry continues to grow, driven by innovations in surgical and diagnostic equipment, the demand for these elastomers is increasing, positioning healthcare applications as a vital area for future expansion. Both segments are critical, yet they cater to different needs within the US silicone elastomers market.

Get more detailed insights about US Silicone Elastomers Market

Key Players and Competitive Insights

The silicone elastomers market is characterized by a dynamic competitive landscape, driven by innovation, sustainability, and strategic partnerships. Key players such as Dow (US), Wacker Chemie AG (DE), and Momentive Performance Materials Inc. (US) are actively shaping the market through their distinct operational focuses. Dow (US) emphasizes innovation in product development, particularly in high-performance applications, while Wacker Chemie AG (DE) is enhancing its portfolio through strategic acquisitions and expanding its manufacturing capabilities. Momentive Performance Materials Inc. (US) is concentrating on sustainability initiatives, aiming to reduce its environmental footprint, which aligns with the growing demand for eco-friendly materials. Collectively, these strategies contribute to a competitive environment that is increasingly focused on technological advancement and environmental responsibility.In terms of business tactics, companies are localizing manufacturing to enhance supply chain efficiency and reduce lead times. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies is significant, as they leverage their resources to optimize operations and innovate product offerings. This competitive structure fosters a landscape where agility and responsiveness to market demands are crucial for success.In October 2025, Dow (US) announced the launch of a new line of silicone elastomers designed for automotive applications, which is expected to enhance performance and durability. This strategic move underscores Dow's commitment to innovation and positions the company to capitalize on the growing automotive sector's demand for advanced materials. The introduction of these products may strengthen Dow's market position and attract new customers seeking high-performance solutions.In September 2025, Wacker Chemie AG (DE) completed the acquisition of a specialty silicone manufacturer, which is anticipated to expand its product offerings and enhance its competitive edge. This acquisition reflects Wacker's strategy to bolster its market presence and diversify its portfolio, potentially leading to increased market share and improved customer service capabilities. The integration of new technologies and expertise from the acquired company may also drive innovation within Wacker's existing product lines.In August 2025, Momentive Performance Materials Inc. (US) launched a sustainability initiative aimed at reducing greenhouse gas emissions by 30% by 2030. This initiative aligns with the growing emphasis on environmental responsibility within the industry and positions Momentive as a leader in sustainable practices. By prioritizing sustainability, Momentive not only addresses regulatory pressures but also meets the evolving expectations of environmentally conscious consumers.As of November 2025, current competitive trends indicate a strong focus on digitalization, sustainability, and the integration of artificial intelligence in production processes. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements, sustainable practices, and supply chain reliability. This shift suggests that companies that prioritize innovation and sustainability will be better positioned to thrive in the evolving market.

Key Companies in the US Silicone Elastomers Market include

Industry Developments

The US Silicone Elastomers Market has observed several notable developments in recent months. Momentive Performance Materials announced a significant expansion of its production capabilities in October 2023, responding to the increasing demand for silicone materials across various sectors, including automotive and healthcare. In the same vein, Kraton Corporation has focused on enhancing its sustainability initiatives, collaborating with Elkem to develop eco-friendly silicone solutions. Recently, a strategic partnership was formed between Dow and ShinEtsu Chemical aimed at optimizing supply chain efficiencies and improving product offerings in response to evolving market needs.

Mergers and acquisitions have also been significant, with KCC Corporation acquiring a minority stake in a startup focused on innovative silicone applications in September 2023, enhancing its market position. Wacker Chemie reported in August that it is investing heavily in new technologies to streamline production processes, reflecting a broader trend of modernization within the sector. The market has experienced a steady growth trajectory, with projections indicating a valuation increase driven by advancements in silicone applications and a rising demand for more resilient materials across industries within the United States.

Future Outlook

US Silicone Elastomers Market Future Outlook

It is projected to grow at a 2.65% CAGR from 2024 to 2035, driven by advancements in automotive and healthcare applications.

New opportunities lie in:

  • Development of high-performance silicone elastomers for electric vehicle components.
  • Expansion into biocompatible silicone elastomers for medical devices.
  • Investment in sustainable production methods to reduce environmental impact.

By 2035, the market is expected to achieve robust growth, driven by innovation and strategic investments.

Market Segmentation

US Silicone Elastomers Market Type Outlook

  • High-Temperature Vulcanized [HTV]
  • Liquid Silicone Rubber [LSR]
  • Room Temperature Vulcanized [RTV]

US Silicone Elastomers Market Application Outlook

  • Automotive
  • Electrical & Electronics
  • Healthcare

Report Scope

MARKET SIZE 20241500.0(USD Million)
MARKET SIZE 20251539.75(USD Million)
MARKET SIZE 20352000.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)2.65% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Dow (US)", "Wacker Chemie AG (DE)", "Momentive Performance Materials Inc. (US)", "Shin-Etsu Chemical Co. Ltd. (JP)", "Elkem ASA (NO)", "Kraton Corporation (US)", "Hexpol AB (SE)", "Trelleborg AB (SE)", "Silicone Solutions (US)"]
Segments CoveredType, Application
Key Market OpportunitiesGrowing demand for sustainable materials drives innovation in the silicone elastomers market.
Key Market DynamicsRising demand for eco-friendly silicone elastomers driven by stringent environmental regulations and consumer preferences.
Countries CoveredUS
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FAQs

What is the projected market size of the US Silicone Elastomers Market in 2024?

The US Silicone Elastomers Market is expected to be valued at 1.8 billion USD in 2024.

What will be the expected market value of the US Silicone Elastomers Market by 2035?

By 2035, the market is projected to reach a value of 2.85 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Silicone Elastomers Market from 2025 to 2035?

The market is anticipated to grow at a CAGR of 4.266 percent during the forecast period from 2025 to 2035.

Which type of silicone elastomer is expected to dominate the market in 2024?

High Temperature Vulcanized silicone elastomers are expected to dominate the market with a value of 0.72 billion USD in 2024.

What will be the market size for Liquid Silicone Rubber by 2035?

The market size for Liquid Silicone Rubber is projected to reach 0.86 billion USD by 2035.

Which companies are key players in the US Silicone Elastomers Market?

Major players in the market include Momentive Performance Materials, Dow, and ShinEtsu Chemical among others.

What market size is expected for Room Temperature Vulcanized silicone elastomers in 2024?

Room Temperature Vulcanized silicone elastomers are expected to reach a market size of 0.54 billion USD in 2024.

Which segment shows the highest growth potential in the US Silicone Elastomers Market?

High Temperature Vulcanized silicone elastomers show the highest growth potential with an increase to 1.14 billion USD by 2035.

What are the key growth drivers for the US Silicone Elastomers Market?

Key growth drivers include increasing demand across various industries like automotive and healthcare.

How does the US Silicone Elastomers Market correlate with current global trends?

The market is influenced by ongoing trends in sustainability and technological advancements in material performance.

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