Press release
Automotive Silicone Market to Reach Valuation of USD 3.9 Billion by 2025, at a CAGR of 7.35% | Analysis by Henkel AG, Wacker Chemie, Evonik, Elkem Silicones, Dowdupont, Shin Etsu, KCC, Siltech
Automotive Silicone Market
Global Automotive Silicone Market Overview:
The Global Automotive Silicone Market to reach USD 3.9 Billion by 2025. The Global Automotive Silicone Market valued approximately USD 2.2 Billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.35% over the forecast period 2018-2025.
The Automotive Battery Sensor Market is driven by the increasing demand of automotive products followed by growing adoption of automotive silicones to reduce vehicle weight for increasing fuel economy.
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The Automotive Silicone Market is experiencing significant growth across the world globe owing to increasing adoption of silicones in automotive parts for reducing vehicle weight and makes it more durable and efficient. According to report of Global Silicone Council in 2016, annually around 117,000 tons of silicone products are used in the transport sector across the globe, that includes automotive, marine and others. Additionally, plastic additives, resin elastomers, Silicone rubber, sealants and lubricants are widely used in automotive sector, owing to their durability, strength and adhesion.
The Global Automotive Silicone Market is segmented based on Type, Application and Region. On the basis of Type, the market is categorized into Elastomers, Resins, Gels and Fluids. Based on Application, the market is divided into Interior & Exterior, Engines, Electrical and Others. Interior & Exterior is further segmented into Airbags, Exhaust Hangers Exterior Trim, Headlamp, Hoses, Interior Trim, Membrane, Shock Absorbers and Grommets. An Engine is further categorized into Sealing, Potting & Bonding, Filtration, Gaskets, Radiator Seals and Vibration Dampening. Electrical segment is divided into Power Transmission, Damping & Insulation, Ignition Cables, Sparkplug Boots, EV Battery Seals, Ht Cables, Connectors and EV Battery Seals.
According to the geographic analysis, APAC is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, APAC region is also anticipated to be the dominating region over the forecast period 2018-2025.
Purchase this report online with 200 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Automotive Silicone Market 2019” @ https://www.businessindustryreports.com/buy-now/135062/single .
Major Key Players:
1 Wacker Chemie
2 Evonik
3 Elkem Silicones
4 Dowdupont
5 Shin Etsu
6 Momentive Performance Materials
7 KCC Corporation
8 Henkel AG & Co.
9 Siltech
10 Primasil Silicones and More...................
Market segment by Regions/Countries, this report covers:
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
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This study answers to the below key questions:
1 What will the market size be in 2025 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Silicone Market.
Major Points in Table of Contents:
Global Automotive Silicone Market Report 2019
1 Global Automotive Silicone Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Automotive Silicone Market Dynamics
5 Global Automotive Silicone Market, By Type
6 Global Automotive Silicone Market, By Application
7 Global Automotive Silicone Market, by Regional Analysis
8 Competitive Intelligence
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