info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Automotive Silicone Companies

Automotive silicone companies specialize in manufacturing and supplying silicone-based products for the automotive industry. These versatile materials find application in gaskets, seals, adhesives, and various components, providing heat resistance, durability, and flexibility. These companies play a crucial role in enhancing automotive performance, reliability, and longevity through innovative silicone solutions.

 

Automotive Silicone Key Companies

The automotive silicone market is a multi-billion dollar industry, playing a crucial role in the performance and efficiency of modern vehicles. Silicones find extensive use in seals, gaskets, hoses, electrical insulation, and various other components, thanks to their exceptional heat resistance, durability, and resistance to chemicals. The market is projected to grow steadily in the coming years, driven by factors like increasing vehicle production, rising demand for electric vehicles, and stricter emission regulations.


Strategies Adroitly Adopted:




  • Product Diversification: Market leaders like Dow, Momentive, and Wacker Chemie are expanding their portfolios beyond traditional rubbers and sealants. This includes developing heat-resistant silicones for electric vehicles, lightweight composites for fuel efficiency, and bio-based options for sustainability.


  • Regional Focus: Emerging markets like China and India present significant growth potential. Companies are establishing local production facilities and tailoring product offerings to meet specific regional regulations and preferences.


  • Technological Prowess: Continuous R&D is key to staying ahead of the curve. Investments in silicone formulations with self-healing properties, improved fire resistance, and enhanced conductivity are being prioritized.


  • Strategic Collaborations: Partnering with automotive OEMs and tier suppliers allows for early access to design specifications and facilitates product integration, creating a competitive edge.


  • Sustainability Push: With increasing environmental consciousness, companies are actively developing eco-friendly silicones derived from renewable sources and offering recycling initiatives to close the loop.


Factors Driving Market Share:




  • Electric Vehicle Boom: The surge in electric vehicle adoption necessitates silicone solutions for high-voltage battery systems, thermal management, and lightweight components, propelling market growth.


  • Stringent Emission Regulations: Increasing focus on fuel efficiency and emission reduction fuels demand for lightweight, heat-resistant silicones, favoring market leaders with a proven track record.


  • Automotive Safety Initiatives: Advancements in airbag technology and autonomous driving systems rely heavily on high-performance silicones, creating lucrative opportunities for specialized players.


  • Supply Chain Resilience: Building robust supply chains with geographically diverse sourcing and production capabilities is crucial to mitigate disruptions and secure market share.


  • Digital Transformation: Integrating digital tools for data analysis, predictive maintenance, and automated manufacturing processes helps optimize production and enhance customer service, boosting competitiveness.


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).


Recent Developments:


Shin-Etsu Chemical Co., Ltd., a Tokyo-based chemical company, has developed novel silicone thermal interface materials for electric vehicles (EVs) and hybrid electric vehicles (HEVs) in January 2021. The demand for heat dissipation solutions for lithium-ion batteries and other electronic control systems is getting more diversified and sophisticated as autos become more electrified. Rogers Corporation announced the acquisition of Silicone Engineering Ltd., a prominent European manufacturer of silicone material solutions situated in Lancashire, UK, in October 2021. Rogers' current advanced silicones platform is extended by Silicone Engineering. It provides Rogers with a European Center of Excellence to serve customers in the EV/HEV, Medical, Industrial, and other areas who require quality silicone solutions.


Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.