Automotive Silicone Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive silicone market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive Silicone Market News

in Automotive Silicone Market 
  • In January 2025, Wacker Chemie AG has officially opened two new plants for specialty silicones in Tsukuba, Japan, and Jincheon, South Korea. The strategic expansion is meant to satisfy the growing demand of the automotive and construction sectors in the Asian market. The investment is a sign of Wacker's determination to expand its foothold in Asia.
  • In February 2025, Elkem Silicones has confirmed it will attend JEC World 2025, which takes place from 4-6 March in Paris, to present its new BLUESIL™ RTV 3724 A&B. This product provides top-end solutions for composite molding, illustrating Elkem's commitment to providing high-performance silicone materials for the automotive industry.
  • In March 2025, Elkem announced its participation in the International Battery Seminar to showcase its silicon powders for battery anodes and silicones for battery protection and thermal management. Additionally, Elkem introduced its new pilot plant dedicated to silicone recycling, emphasizing the company's commitment to a circular economy for silicones.
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Global Automotive Silicone Market size was valued at USD 2.40 Billion in 2023 poised to grow from USD 2.58 Billion in 2024 to USD 4.52 Billion by 2032, growing at a CAGR of 7.3% in the forecast period (2025-2032).

The global automotive silicone market is highly competitive, with major players like Dow Inc., Wacker Chemie AG, Momentive Performance Materials, Elkem Silicones, and Shin-Etsu Chemical driving innovation. Dow Inc. aims at green silicone solutions for EVs, and Wacker Chemie places a bet on thermal management through high-performance elastomers. Elkem Silicones makes strategic purchases for expansion, and Momentive invests in higher-end silicone adhesives for lightweight automobiles, increasing competitiveness in the market. 'Dow Inc. (USA)', 'Wacker Chemie AG (Germany)', 'Momentive Performance Materials (USA)', 'Elkem Silicones (Norway)', 'Shin-Etsu Chemical Co., Ltd. (Japan)', 'Evonik Industries AG (Germany)', 'KCC Corporation (South Korea)', 'Silchem Inc. (Canada)', 'Bluestar Silicones (China)', 'Gelest Inc. (USA)', 'Nusil Technology LLC (USA)', 'Reiss Manufacturing, Inc. (USA)', 'Specialty Silicone Products Inc. (USA)', 'Hexpol AB (Sweden)', 'Primasil Silicones Ltd. (United Kingdom)'

The world's transition towards electric vehicles (EVs) is a key driver for the global automotive silicone market growth. Silicone materials are of critical importance in battery thermal management, high-voltage insulation, and lightweight components. With governments driving emission reduction and energy efficiency, demand for heat-resistant, long-lasting silicone solutions keeps increasing.

Advancements in Sustainable and Bio-Based Silicone: Sustainability issues are compelling manufacturers to create environmentally friendly, bio-based silicone substitutes. Manufacturers are investing in low-emission manufacturing processes and recyclable silicone products to comply with strict environmental standards. This is in line with the automotive sector's move toward greener alternatives, ensuring long-term compliance, efficiency, and lower carbon footprints in vehicle production.

How does Rapid EV Adoption in Asia-Pacific Drive Silicone Demand?

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Global Automotive Silicone Market
Automotive Silicone Market

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