Global Silicone In Electric Vehicles Market Size & Outlook
Global silicone in electric vehicles market, 2018-2030 (US$M)
Related Markets
Global silicone in electric vehicles market highlights
- The global silicone in electric vehicles market generated a revenue of USD 6,098.2 million in 2022 and is expected to reach USD 12,455.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.3% by 2030.
- In terms of segment, elastomers accounted for a revenue of USD 2,873.7 million in 2022.
- Elastomers 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 2022.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 6,098.2 million |
| Market revenue in 2030 | USD 12,455.7 million |
| Growth rate | 9.3% (CAGR from 2022 to 2030) |
| Largest segment | Elastomers |
| Fastest growing segment | Elastomers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Elastomers, Fluids, Resins |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global silicone in electric vehicles market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 48.6 million by 2030.
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Silicone In Electric Vehicles Market Scope
Silicone In Electric Vehicles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global silicone in electric vehicles 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 electric vehicles market will help companies and investors design strategic landscapes.
Elastomers was the largest segment with a revenue share of 47.12% in 2022. Horizon Databook has segmented the Global silicone in electric vehicles market based on elastomers, fluids, resins covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Silicone In Electric Vehicles Product Outlook (Revenue, USD Million, 2018-2030)
- Elastomers
- Fluids
- Resins
- Others
- Global Silicone In Electric Vehicles Charging Type Outlook (Revenue, USD Million, 2018-2030)
- Plugin Hybrid Electric Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Global Silicone In Electric Vehicles Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Light Motor Vehicle
- Commercial Motor Vehicle
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Horizon Databook provides a detailed overview of global-level data and insights on the Global silicone in electric vehicles market , including forecasts for subscribers. This global databook contains high-level insights into Global silicone in electric vehicles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global silicone in electric vehicles market size, by region, 2018-2030 (US$M)
Top 10 countries by Silicone In Electric Vehicles Market revenue, 2022 (US$M)
Global silicone in electric vehicles market share, by product, 2022 & 2030 (%, US$M)
Silicone in electric vehicles market: Opportunity assessment by country
Global silicone in electric vehicles market, by region, 2022 (US$M)
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