Automotive Silicone Market

The global Automotive Silicone market was valued at 1982.45 Million USD in 2021 and will grow with a CAGR of 4.22% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of Automotive Silicone Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Silicone Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Silicone are one of the fastest growing products around the world and their demand in the automotive sector is expected to grow rapidly due to rising investment by the manufacturers in novel products and technologies.The demand in Europe is expected to witness a moderate growth with a CAGR of over 5.6% on account of slowdown in the automobile industry in this region. Germany has been spearheading the demand for automotive silicone in this region. The presence of a large number of automotive component manufacturers and its close proximity to Poland which is the biggest automobile market in Eastern Europe is likely to augment the demand in Germany. The North American market is expected to grow at a slower pace due to sluggish passenger vehicle production in the region. The rise in imports from Asia Pacific and Europe is responsible for low growth rates in North America.

By Market Verdors:

Dow Corning Corporation

Momentive Performance Materials

Shin-Etsu

Wacker Chemie

KCC Corporation

Reiss Manufacturing Inc.

Mesgo S.P.A

Specialty Silicone Products Inc.

Delphi

Zhejiang Xinan Chemical Industrial Group Co., Ltd.

India National Bluestar (Group) Co, Ltd.

GW Plastics

By Types:

High Temperature Vulcanised (HTV)

Room Temperature Vulcanised (RTV)

Liquid Silicone Rubber (LSR)

Fluorosilicone Rubber (FSR)

High Consistency Silicone Rubber (HCR)

Silicone Gels

By Applications:

Passenger Cars

Light Commercial Vehicles

Heavy Commercial Vehicles

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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