Europe Silicone In Car Care Products Market Size & Outlook
Europe silicone in car care products market, 2016-2028 (US$M)
Related Markets
Europe silicone in car care products market highlights
- The Europe silicone in car care products market generated a revenue of USD 58.4 million in 2020.
- The market is expected to grow at a CAGR of 2.9% from 2021 to 2028.
- In terms of segment, specialty silicones was the largest revenue generating product in 2020.
- Specialty Silicones is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 58.4 million |
| Market revenue in 2028 | USD 73.4 million |
| Growth rate | 2.9% (CAGR from 2020 to 2028) |
| Largest segment | Specialty silicones |
| Fastest growing segment | Specialty Silicones |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone, Specialty Silicones |
| Key market players worldwide | 3M Co, CHT Group, Evonik Industries AG, Dow Inc, Momentive, Henkel AG & Co KGaA, Sonax, Wacker Chemie AG, Shin-Etsu Chemical Co Ltd, Energizer Holdings Inc, MA-FRA, Liqui Moly |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.9% of the global silicone in car care products market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 128.0 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Silicone In Car Care Products Market Scope
Silicone In Car Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 65.75% in 2020. Horizon Databook has segmented the Europe silicone in car care products market based on silicone, specialty silicones covering the revenue growth of each sub-segment from 2016 to 2028.
Europe silicone in car care products market is anticipated to witness growth over the forecast period owing to the ascending performance of automotive industry in the region. Several major multinational car manufacturers are located in the region.
Thus, making it a hub for automotive manufacturing across the globe, which is expected to contribute to the demand for silicone in car care products. The growth in the sales of electric vehicles is predicted to introduce a competitive dynamic to the automotive market in Europe.
However, fluctuations in trade between Europe and the U.S., owing to the tariffs imposed by both parties on automotive imports, may negatively impact automotive production in Europe, thereby, affecting the demand for silicone in car care products for automotive applications.
Reasons to subscribe to Europe silicone in car care products market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe silicone in car care products market databook
-
Our clientele includes a mix of silicone in car care products market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe silicone in car care products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe silicone in car care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Europe silicone in car care products market size, by country, 2016-2028 (US$M)
Europe Silicone In Car Care Products Market Outlook Share, 2020 & 2028 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
