France Silicone In Electric Vehicles Market Size & Outlook
France silicone in electric vehicles market, 2018-2030 (US$M)
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France silicone in electric vehicles market highlights
- The France silicone in electric vehicles market generated a revenue of USD 251.9 million in 2022 and is expected to reach USD 476.1 million by 2030.
- The France market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, elastomers was the largest revenue generating product in 2022.
- Elastomers is the most lucrative product segment registering the fastest growth during the forecast period.
Silicone in electric vehicles market data book summary
| Market revenue in 2022 | USD 251.9 million |
| Market revenue in 2030 | USD 476.1 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Elastomers |
| Fastest growing segment | Elastomers |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Elastomers, Fluids, Resins |
| Key market players worldwide | Wacker Chemie AG, Elkem ASA Ordinary Shares, Dow Inc, H.B. Fuller Co, Rogers Corp, Shin-Etsu Chemical Co Ltd, KCC, LORD Corporation, Nexeon, CHT Silicone Experts |
Other key industry trends
- In terms of revenue, France accounted for 4.1% of the global silicone in electric vehicles market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany silicone in electric vehicles market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 622.7 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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France 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 45.38% in 2022. Horizon Databook has segmented the France silicone in electric vehicles market based on elastomers, fluids, resins covering the revenue growth of each sub-segment from 2018 to 2030.
The France government in 2015 has announced the purchase incentives of EUR 6,000 as an environmental bonus and EUR 4,000 as a thank you bonus for switching to an electric vehicle in exchange for diesel cars.
In addition, the government has also initiated EUR 1,000 as an environmental bonus and EUR 2,500 as a thank you bonus for the purchase of a plug-in hybrid electric vehicle in exchange for diesel cars. These initiatives are likely to propel the growth of electric vehicles in the country, which, in turn, is expected to boost silicone in electric vehicles market.
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Horizon Databook provides a detailed overview of country-level data and insights on the France silicone in electric vehicles market , including forecasts for subscribers. This country databook contains high-level insights into France silicone in electric vehicles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France silicone in electric vehicles market size, by product, 2018-2030 (US$M)
France Silicone In Electric Vehicles Market Outlook Share, 2022 & 2030 (US$M)
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