Silicone in Electric Vehicle Market: Size and Forecast to 2027

Summary
Table Of Content

Market Insights

The global Silicone in Electric Vehicle Market is expected to cross-market value of USD 2.10 billion in 2027 from USD 1.4 billion in 2020. It is expected to grow at a CAGR of over 7.0% during the forecast period.

Compared to rubbers, silicone offers effective temperature tolerance at all temperatures, broadening the acceptance of electric vehicles. The improved properties of silicone are expected to boost global demand for electric vehicles, propelling the worldwide silicone of the electric vehicles market even higher. Credence Research offers holistic information and absolute accuracy in the report titled “Global Silicone in Electric Vehicle Market.”

Key Market Drivers and Restraints

Factors that significantly impact the market growth of industrial electric vehicles will be covered here. Also, covers factors that may challenge or act as an opportunity for the market will be discussed to identify revenue generation.

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Factors Contributing to High Demand in Industry

Electric vehicles need little maintenance, have few moving parts, and obtain favorable government policies to increase their consumer base, boosting the growth of the global market. This is partly due to the lower cost of electricity compared to gasoline, partly because electric vehicles have fewer moving parts and need less maintenance, and partly due to favorable government policies. In addition, electric vehicles mitigate environmental issues such as air pollution, reduce GHG emissions, and offer financial capabilities to businesses worldwide, according to business organizations across the globe. Consequently, the higher demand for EVs scales up the demand for silicone in EVs.

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North America to Dominate the global market.

On the geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research provides in-depth insight into prominent regions of the worldwide market. North America dominated with over 47.2% share in 2020.

The Elastomers lead Global Market.

Elastomers, Fluids, Resins, and Others are the four Types of the global market. In 2020, Elastomers accounted for the largest share in the global market as they enable electric vehicles to dissipate battery heat and protect them from electromagnetic interference.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Silicone in Electric Vehicle Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Silicone in Electric Vehicle Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Type
3.3.2.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Silicone in Electric Vehicle Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Elastomers
6.2.3.Fluids
6.2.4.Resins
6.2.5.Others

7.Europe
7.1.Europe Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Elastomers
7.2.3.Fluids
7.2.4.Resins
7.2.5.Others

8.Asia Pacific
8.1.Asia Pacific Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Elastomers
8.2.3.Fluids
8.2.4.Resins
8.2.5.Others

9.Latin America
9.1.Latin America Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Elastomers
9.2.3.Fluids
9.2.4.Resins
9.2.5.Others

10.Middle East
10.1.Middle East Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Elastomers
10.2.3.Fluids
10.2.4.Resins
10.2.5.Others

11.Africa
11.1.Africa Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Elastomers
11.2.3.Fluids
11.2.4.Resins
11.2.5.Others

12.Global
12.1.Global Silicone in Electric Vehicle Market, By Type, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Elastomers
12.1.3.Fluids
12.1.4.Resins
12.1.5.Others

13.Company Profiles
13.1.ACC Resinss Ltd.
13.2.Elkem Resinss
13.3.H.B. Fuller Company
13.4.KCC Corporation
13.5.LORD Corporation
13.6.Nexeon Limited
13.7.Rogers Corporation
13.8.Shin-Etsu Chemical Co., Ltd.
13.9.The Dow Chemical Company (Formerly Dow Corning)
13.10.Wacker Chemie AG

List of Figures

FIG. 1 Global Silicone in Electric Vehicle Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Silicone in Electric Vehicle Market Segmentation

FIG. 4 Global Silicone in Electric Vehicle Market, by Product, 2019 (US$ Bn)

FIG. 5 Global Silicone in Electric Vehicle Market, by End-user, 2019 (US$ Bn)

FIG. 6 Global Silicone in Electric Vehicle Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Silicone in Electric Vehicle Market Manufacturers, 2019

FIG. 9 Global Silicone in Electric Vehicle Market Value Contribution, By Type of Metal Extracted, 2019 & 2027 (Value %)

FIG. 10 Global Silicone in Electric Vehicle Market, by Metal 1, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Silicone in Electric Vehicle Market, by Metal 2, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Silicone in Electric Vehicle Market, by Metal 3, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Silicone in Electric Vehicle Market, by Metal 4, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Silicone in Electric Vehicle Market, by Metal 5, Value, 2015-2027 (US$ Bn)

FIG. 15 Global Silicone in Electric Vehicle Market, by Others, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Silicone in Electric Vehicle Market Value Contribution, By Type, 2019 & 2027 (Value %)

FIG. 17 Global Silicone in Electric Vehicle Market, by Process 1, Value, 2015-2027 (US$ Bn)

FIG. 18 Global Silicone in Electric Vehicle Market, by Process 2, Value, 2015-2027 (US$ Bn)

FIG. 19 Global Silicone in Electric Vehicle Market, by Process 3, Value, 2015-2027 (US$ Bn)

FIG. 20 U.S. Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 21 Rest of North America Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 22 U.K. Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 23 Germany Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 24 France Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 25 Rest of Europe Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 26 Japan Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 27 China Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 28 India Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

FIG. 29 Rest of Asia Pacific Silicone in Electric Vehicle Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Silicone in Electric Vehicle Market

TABLE 2 Global Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 3 Global Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 4 Global Silicone in Electric Vehicle Market, by Application, 2015-2027 (US$ Bn)

TABLE 5 Global Silicone in Electric Vehicle Market, by Geography, 2015-2027 (US$ Bn)

TABLE 6 North America Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 7 North America Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 8 North America Silicone in Electric Vehicle Market, by Country, 2015-2027 (US$ Bn)

TABLE 9 Europe Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 10 Europe Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 11 Europe Silicone in Electric Vehicle Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 14 Asia Pacific Silicone in Electric Vehicle Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 15 Latin America Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 16 Latin America Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 17 Latin America Silicone in Electric Vehicle Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 18 Middle East Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 19 Middle East Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 20 Middle East Silicone in Electric Vehicle Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 21 Africa Silicone in Electric Vehicle Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 22 Africa Silicone in Electric Vehicle Market, by Type, 2015-2027 (US$ Bn)

TABLE 23 Africa Silicone in Electric Vehicle Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 24 Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 25 Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 27 Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 28 Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 30 Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 31 Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 32 Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 33 Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 34 Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 35 Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Frequently Asked Questions

What is the size of Silicone in Electric Vehicle Market?

The market for Wireless Electric Vehicle (EV) Charging System is expected to reach USD 2.10 billion in 2027.

What is the Silicone in Electric Vehicle Market CAGR?

The Silicone in Electric Vehicle Market is expected to see significant CAGR growth over the coming years, at 7.0%.

What is the Forecast period considered for Silicone in Electric Vehicle Market?

The report is forcasted from 2015-2027

What is the base year considered for Silicone in Electric Vehicle Market?

The base year of this report is 2021.

Who are the major players in this market?

ACC Resinss Ltd., Elkem Resinss, H.B. Fuller Company, KCC Corporation, LORD Corporation, Nexeon Limited, Rogers Corporation, Shin-Etsu Chemical Co.Ltd.,T he Dow Chemical Company (Formerly Dow Corning), Wacker Chemie AG are some of the major players in the global market.

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