Automotive Silicone Market Size and Growth
The global Automotive Silicone market is projected to reach a size of USD 4.66 billion by 2027, exhibiting a CAGR of 6.7% during the forecast period. Growing demand for lightweight and durable materials in the automotive industry is driving the market growth. Key players include Dow, Wacker Chemie, and ShinEtsu.
Companies Covered (Covid 19 Impact Covered)
◍ Dow Corning Corporation
◍ Momentive Performance Materials
◍ Shin-Etsu
◍ Wacker Chemie
◍ KCC Corporation
◍ Reiss Manufacturing Inc.
◍ Mesgo S.P.A
◍ Specialty Silicone Products Inc.
◍ Delphi
The competitive landscape of the Automotive Silicone Market includes key players such as Dow Corning Corporation, Momentive Performance Materials, ShinEtsu, 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., and GW Plastics. These companies offer a wide range of automotive silicone products for various applications such as sealing, lubrication, adhesion, and insulation.
◍ Zhejiang Xinan Chemical Industrial Group Co., Ltd.
◍ India National Bluestar (Group) Co, Ltd.
◍ GW Plastics
- Dow Corning Corporation and Momentive Performance Materials are leading players in the Automotive Silicone Market with sales revenue figures of $4.3 billion and $2.6 billion respectively.
- Shin-Etsu and Wacker Chemie are also significant contributors to the market with sales revenue figures of $5.8 billion and $5.3 billion respectively.
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