
Report ID: SQMIG15E2742
SkyQuest Technology's Automotive silicone market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Automotive Silicone Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Automotive Silicone Market size was valued at USD 1.5 billion in 2023 and is poised to grow from USD 1.6 billion in 2024 to USD 2.71 billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032).
The automotive sector is facing a need to reduce fuel consumption and carbon emissions with stringent environmental protection policies. Manufacturers, therefore, are substituting heavy materials with lightweight materials in a bid to boost vehicle performance. Silicone's excellent heat resistance, durability, and flexibility make it a popular material for gaskets, seals, and coatings. By minimizing overall vehicle weight, silicone improves fuel efficiency and battery life in electric vehicles (EVs), driving market demand further. Moreover, its weather resistance and long lifespan lower maintenance costs, and it is a favorite among automakers seeking to increase vehicle longevity and sustainability.
With increased government backing and environmental concerns, the adoption of silicone-based solutions will accelerate, offering sustainability, security, and energy efficiency in next-generation vehicles. As the automotive landscape continues to shape itself, silicone is a key ingredient in shaping the mobility future. Moreover, silicone helps in waterproofing and waterproofing of sensitive electronics, increasing EV lifespan. With increasing adoption of EVs worldwide owing to government stimulus and environmentally friendly initiative, the market for silicone in automotive usage is anticipated to expand manifold.
In what ways does AI-Driven Predictive Analytics Improve Silicone Manufacturing?
Artificial Intelligence (AI) is transforming the global automotive silicone market by maximizing manufacturing processes and product innovation. Predictive analytics in production with AI minimizes defects, leading to better silicone quality and performance in automotive usage. AI-based simulations also enable the creation of advanced silicone materials with improved thermal and electrical performance for EVs and autonomous cars. AI further maximizes supply chain efficiency, minimizing production costs and timely delivery. A significant innovation is Siemens' AI-based smart manufacturing systems, which automate silicone material production, which is consistent and sustainable. With increasing adoption of AI, indirectly, it propels the demand for silicone through the acceleration of EV and intelligent vehicle development.
In July 2024, BRB introduced a cutting-edge amino-curable silicone designed for car care applications. The innovation extends vehicle longevity by enhancing coatings, sealants, and lubrication functions. The novel silicone technology provides better strength against harsh temperatures and environmental abrasion, in line with increasing demand for high-performance products in new car manufacturing.
What Factors are Driving the Growth of Automotive Silicone Startups?
The global automotive silicone industry is growing with the increasing demand for electric and autonomous vehicles, regulatory limits on emissions, and thermal and electrical insulation requirements. Startups are challenging the industry with advanced high-performance silicone formulation innovation, intelligent coatings, and semiconductor innovations. Startups concentrate on advancing vehicle safety, energy efficiency, and durability. AI-powered R&D and green production processes drive further silicon's contribution to new automotive applications.
Founded in 2015, Silicon Mobility, based in France, specializes in semiconductor and software solutions to optimize energy efficiency in electric and hybrid vehicles. Their OLEA® FPCU (Field Programmable Control Unit) optimizes motor efficiency, prolonging EV battery life and lowering emissions. One of their R&D milestones is their high-performance motor control algorithms, optimizing torque control and energy recuperation, enhancing vehicle performance. These technologies raise the need for high-quality silicone in thermal management and insulation applications.
Established in the year 2023, Stellantis a multinational automotive company, took part in a joint venture with Foxconn, SiliconAuto designs high-performance automotive semiconductors. Their automotive-grade semiconductor chips optimize EV battery management, ADAS (Advanced Driver Assistance Systems), and vehicle connectivity. A major R&D breakthrough is their standardized chiplet platform, which allows customized processing solutions, reducing costs and enhancing computing power. This development accelerates next-gen EV technology, increasing the need for advanced silicone materials in vehicle electronics and thermal regulation.
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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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Report ID: SQMIG15E2742
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