Global Liquid Silicone for Electric Vehicles Market Growth 2024-2030
Rapidly changing technology trends in electric vehicle manufacturing are driving silicone manufacturers to adopt innovative approaches to produce customized products. Liquid silicone rubber solutions for new energy vehicles mainly have four applications: sealing and waterproofing, safety protection, structural thermal conductivity, and lightweight. Liquid silicone elastomers are the most prominent product segment in the electric vehicle market and its growth can be attributed to its wide range of applications such as seals, housings and gaskets for thermal insulation of various components such as connector seals, heat sinks etc., forming a heat shield around the battery pack to protect the battery cells from overheating or overcooling. Additionally, custom designs can insulate or help dissipate heat to ensure optimal operating temperatures. To accommodate demanding spaces, silicone is designed to withstand severe vibrations. Short circuits and overcurrents are the main causes of battery failure in electric vehicles. The dielectric properties of silicone rubber can protect and isolate key components, protecting batteries and busbars from surges and helping to prevent battery fires.
The global Liquid Silicone for Electric Vehicles market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Liquid Silicone for Electric Vehicles Industry Forecast” looks at past sales and reviews total world Liquid Silicone for Electric Vehicles sales in 2023, providing a comprehensive analysis by region and market sector of projected Liquid Silicone for Electric Vehicles sales for 2024 through 2030. With Liquid Silicone for Electric Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Silicone for Electric Vehicles industry.
This Insight Report provides a comprehensive analysis of the global Liquid Silicone for Electric Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Silicone for Electric Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Liquid Silicone for Electric Vehicles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Silicone for Electric Vehicles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Silicone for Electric Vehicles.
United States market for Liquid Silicone for Electric Vehicles is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Liquid Silicone for Electric Vehicles is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Liquid Silicone for Electric Vehicles is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Liquid Silicone for Electric Vehicles players cover Dow, Momentive, Wacker Chemicals, ShinEtsu, KCC Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Silicone for Electric Vehicles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pipe
Sheet
Others
Segmentation by Application:
Seals
Washer
Shell
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dow
Momentive
Wacker Chemicals
ShinEtsu
KCC Corporation
Guangdong Polysil
Shenzhen SQUARE Silicone
Tianci Materials
Laur Silicone
BlueStar
Jiangsu Tianchen
Dongguan New Orient Technology
Elkem
Avantor
SIMTEC
Datwyler
Key Questions Addressed in this Report
What is the 10-year outlook for the global Liquid Silicone for Electric Vehicles market?
What factors are driving Liquid Silicone for Electric Vehicles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Liquid Silicone for Electric Vehicles market opportunities vary by end market size?
How does Liquid Silicone for Electric Vehicles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.