Global Silicone In Car Care Products Market Size & Outlook

The silicone in car care products industry worldwide is expected to reach a projected revenue of US$ 275.0 million by 2028. A compound annual growth rate of 3% is expected of the worldwide silicone in car care products industry from 2021 to 2028.
Revenue, 2020 (US$M)
$217.0
Forecast, 2028 (US$M)
$275.0
CAGR, 2021 - 2028
3%
Report Coverage
Worldwide

Global silicone in car care products market highlights

  • The global silicone in car care products market generated a revenue of USD 217.0 million in 2020 and is expected to reach USD 275.0 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 3% by 2028.
  • In terms of segment, specialty silicones accounted for a revenue of USD 134.8 million in 2020.
  • Specialty Silicones is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2020.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 217.0 million
Market revenue in 2028USD 275.0 million
Growth rate3% (CAGR from 2020 to 2028)
Largest segmentSpecialty silicones
Fastest growing segmentSpecialty Silicones
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSilicone, Specialty Silicones

Other key industry trends

  • In terms of revenue, the North America accounted for 21.0% of the global silicone in car care products market in 2020.
  • By country, the China is projected to lead the global market in terms of revenue in 2028.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 1.1 million by 2028.

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Silicone In Car Care Products Market Companies

Name Profile # Employees HQ Website

Global silicone in car care products market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicone in car care products market will help companies and investors design strategic landscapes.


Specialty silicones was the largest segment with a revenue share of 62.12% in 2020. Horizon Databook has segmented the Global silicone in car care products market based on silicone, specialty silicones covering the revenue growth of each sub-segment from 2016 to 2028.


  • Global Silicone In Car Care Products Product Outlook (Revenue, USD Million, 2016-2028)
    • Silicone
    • Specialty Silicones
  • Global Silicone In Car Care Products Application Outlook (Revenue, USD Million, 2016-2028)
    • Paint Preservatives
    • Polishes
    • Spray Wax
    • Leather & Vinyl Care
    • Tyre Care Products
    • Plastic Care
    • Others
  • Global Silicone In Car Care Products End Use Outlook (Revenue, USD Million, 2016-2028)
    • DIY
    • Professional/Commercial

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Horizon Databook provides a detailed overview of global-level data and insights on the Global silicone in car care products market , including forecasts for subscribers. This global databook contains high-level insights into Global silicone in car care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Global silicone in car care products market size, by regions, 2016-2028 (US$M)

Top 10 countries: Silicone in car care products market size, 2020 (US$M)

Global silicone in car care products market share, by product, 2020 & 2028 (%, US$M)

Silicone in car care products market: Opportunity assessment by country

Global silicone in car care products market, by region, 2020 (US$M)

Global silicone in car care products market size, by regions, 2016-2028 (US$M)

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