Silicone Elastomers Market Size and Share

Silicone Elastomers Market (2025 - 2030)
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Silicone Elastomers Market Analysis by Mordor Intelligence

The Silicone Elastomers Market size is estimated at USD 8.42 billion in 2025, and is expected to reach USD 12.06 billion by 2030, at a CAGR of 7.45% during the forecast period (2025-2030).

Robust demand arises from electric‐vehicle (EV) battery sealing, 5G infrastructure hardware, and precision medical devices, all of which require reliable thermal management and biocompatibility. Thermal interface advancements, stricter safety regulations, and miniaturization trends favor silicone chemistry over conventional rubber classes, enabling suppliers to defend margins even as silicon-metal costs swing widely. Capacity expansions in Asia and North America, combined with recycling technologies that recover chlorosilane intermediates, are beginning to counter raw-material volatility. Meanwhile, EU curbs on cyclic siloxanes accelerate R&D toward compliant formulations, nudging the silicone elastomer market toward greener chemistries.

Key Report Takeaways

  • By product type, Liquid Silicone Rubber captured 44.58% of the silicone elastomers market share in 2024 and is projected to advance at an 8.67% CAGR through 2030.
  • By application, automotive and transportation accounted for 30.25% of the silicone elastomer market size in 2024, with a projected 7.85% CAGR to 2030.
  • By geography, Asia-Pacific held 45.76% of the silicone elastomers market share in 2024 and is poised to expand at an 8.14% CAGR to 2030.

Segment Analysis

By Product: LSR Dominates Through Processing Advantages

Liquid Silicone Rubber held 44.58% of the silicone elastomers market share in 2024 and registers the fastest 8.67% CAGR to 2030. Injection molding cures LSR in 30–60 seconds versus 5–15 minutes for compression-molded counterparts, cutting labor and energy per part. Medical device builders exploit LSR’s ±0.05 mm dimensional control to produce micro-valves and seals for insulin pumps. Automotive battery makers favor self-bonding LSR that adheres to polycarbonate enclosures, shaving process steps and warranty risk.

High-temperature vulcanized (HTV) silicones remain prevalent in heavy-duty gaskets where part sizes justify compression tooling. Room-temperature vulcanized (RTV) grades serve field repair and construction joints, trading speed for on-site flexibility. The silicone elastomer market size for LSR is estimated at USD 3.75 billion in 2025 and could exceed USD 5.95 billion by 2030, underscoring its pivotal growth role. Suppliers investing in multi-shot molding cells and self-adhesive chemistries are positioned to outpace volume averages In the medium term, the silicone elastomers market is expected to benefit from hybrid LSR blends, as self-healing vitrimer backbones may unlock longer service intervals for EV battery seals.

Silicone Elastomer Market: Market Share by Product
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By Application: Automotive Leads Despite Electrification Challenges

Automotive and transportation contributed 30.25% of the silicone elastomers market size in 2024 with a forecast 7.85% CAGR through 2030. Battery-pack gaskets, coolant hoses, and high-voltage cable insulation drive volume as fleet electrification accelerates. Silicon-rich thermal gap fillers manage cell-to-cell temperature variation, extending battery life under rapid-charge conditions. Light-duty EVs with 800 V systems require dielectric strength >20 kV/mm, which conventional EPDM cannot meet sustainably. Regulatory crashworthiness norms are driving uptake of self-extinguishing silicone foams for passenger-compartment barriers, further boosting opportunities in the silicone elastomers market.

Electronics and electrical equipment follow closely, leveraging 5G, IoT, and LED solid-state lighting buildouts. Industrial machinery turns to silicone seals for hydraulic systems exposed to synthetic lubricants at 200 °C. Consumer goods including smartwatches and fitness bands employ skin-safe silicones that retain elasticity after 10,000 flex cycles. The silicone elastomer market share of construction remains stable near 9% as green building codes anchor demand for long-life sealants. Cumulative cross-segment synergies in thermal, electrical, and biocompatible domains reinforce silicone’s material lock-in across value chains, sustaining momentum for the silicone elastomers market.

Silicone Elastomer Market: Market Share by Application
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Geography Analysis

Asia-Pacific dominated the silicone elastomers market with 45.76% share in 2024 and is on track for an 8.14% CAGR through 2030. China’s electronic-assembly concentration and growing EV production consume high-volatility LSR grades, prompting WACKER and Elkem to expand local capacity. India encourages silicone sealant plants to meet smart-city housing targets, while South Korea channels R&D tax credits into semiconductor-grade silicones.

North America ranks second in the silicone elastomers market, anchored by EV mandates in California and the Inflation Reduction Act’s domestic content rules. Dow and Circ-u-Sil launched a recycling venture in Kentucky that can offset 50% of virgin chlorosilane demand and cut CO₂ emissions in half. Medical-device clusters in Minnesota and Massachusetts pull specialty LSR imports, though new U.S. clean-room expansions aim to rebalance trade flows by 2027.  

Europe leverages sustainability regulation to steer demand toward compliant silicone chemistries. REACH curbs on cyclic siloxanes accelerate adoption of low-VOC RTVs, while the Net-Zero Industry Act’s recognition of silicones bolsters funding for green building envelopes. Momentive and WACKER have debuted bio-sourced lines carrying REDcert² labels that resonate with EU architects. Regional automotive plants in Germany and France remain key buyers of flame-retardant HTV for cable harnesses, though future growth tilts toward EV battery modules.

Silicone Elastomer Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The silicone elastomers market shows moderate consolidation. KCC Corporation’s full acquisition of Momentive Performance Materials deepened vertical integration and broadened reach in specialty LSR for aerospace and automotive. WACKER’s Silicones division lifted EBITDA 47% in 2024 by pivoting toward higher-margin self-adhesive and bio-based grades. Dow joined forces with Carbice to marry silicone matrices with carbon-nanotube heat spreaders, targeting electronics that need both thermal and dielectric performance.

Technology rivalry now centers on self-healing, 3D-printable, and PFAS-free architectures. Elkem’s printable AMSil resins, Momentive’s InvisiSil optical grades, and DuPont’s low-out-gassing compounds each serve niche yet fast-growing pockets. Feedstock security is driving strategic equity in silicon-metal smelters; WACKER, for instance, inked a long-term power purchase agreement for hydro-electricity in Norway. Smaller regional formulators lean into application-specific know-how-catheter tips, rail-track pads, or solar junction boxes-to command premium pricing. Breakthrough recycling could disrupt value pools if pilot plants scale successfully, rewarding firms that control closed-loop assets.

Silicone Elastomers Industry Leaders

  1. Dow

  2. Elkem ASA

  3. Momentive

  4. Shin-Etsu Chemical Co., Ltd.

  5. Wacker Chemie AG

  6. *Disclaimer: Major Players sorted in no particular order
Silicone Elastomer Market Concentration
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Recent Industry Developments

  • June 2024: The CHT Group presented its latest advancements in the silicone elastomers market. Among these is SilSo Lite 21001, an advanced low-density silicone elastomer developed by CHT, specifically designed for potting and protecting electronic components.
  • April 2023: DuPont announced the launch of new low-cyclosiloxane silicone elastomer blends and silicone resin blends to address increasing consumer demand. These blends are formulated to manage various skin conditions while ensuring compliance with evolving REACH regulatory requirements.

Table of Contents for Silicone Elastomers Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Automotive lightweighting & e-mobility boom
    • 4.2.2 Electronics miniaturisation & 5G rollout
    • 4.2.3 Medical-grade LSR adoption in wearable healthcare
    • 4.2.4 Construction sealants demand in net-zero buildings
    • 4.2.5 Additive manufacturing (3-D printing) of silicone parts
  • 4.3 Market Restraints
    • 4.3.1 High silicon-metal & energy costs
    • 4.3.2 Supply-chain volatility in siloxane feedstocks
    • 4.3.3 Substitution risk from high-performance TPEs
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of Substitution
    • 4.5.4 Threat of New Entrants
    • 4.5.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Product
    • 5.1.1 High-Temperature Vulcanised (HTV)
    • 5.1.2 Room-Temperature Vulcanised (RTV)
    • 5.1.3 Liquid Silicone Rubber (LSR)
  • 5.2 By Application
    • 5.2.1 Electrical and Electronics
    • 5.2.2 Automotive and Transportation
    • 5.2.3 Industrial Machinery
    • 5.2.4 Consumer Goods
    • 5.2.5 Construction
    • 5.2.6 Others
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Australia
    • 5.3.1.6 Indonesia
    • 5.3.1.7 Thailand
    • 5.3.1.8 Vietnam
    • 5.3.1.9 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Russia
    • 5.3.3.7 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 South Africa
    • 5.3.5.4 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)**/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 CHT Germany GmbH
    • 6.4.2 Dow
    • 6.4.3 Elkem ASA
    • 6.4.4 KCC SILICONE CORPORATION
    • 6.4.5 Mesgo S.p.A.
    • 6.4.6 Momentive
    • 6.4.7 Primasil Silicones Limited
    • 6.4.8 Reiss Manufacturing, Inc.
    • 6.4.9 Rogers Corporation
    • 6.4.10 Shin-Etsu Chemical Co., Ltd.
    • 6.4.11 Specialty Silicone Products, Inc.
    • 6.4.12 Stockwell Elastomerics
    • 6.4.13 Wacker Chemie AG

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment
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Global Silicone Elastomers Market Report Scope

By Product
High-Temperature Vulcanised (HTV)
Room-Temperature Vulcanised (RTV)
Liquid Silicone Rubber (LSR)
By Application
Electrical and Electronics
Automotive and Transportation
Industrial Machinery
Consumer Goods
Construction
Others
By Geography
Asia-Pacific China
India
Japan
South Korea
Australia
Indonesia
Thailand
Vietnam
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
By Product High-Temperature Vulcanised (HTV)
Room-Temperature Vulcanised (RTV)
Liquid Silicone Rubber (LSR)
By Application Electrical and Electronics
Automotive and Transportation
Industrial Machinery
Consumer Goods
Construction
Others
By Geography Asia-Pacific China
India
Japan
South Korea
Australia
Indonesia
Thailand
Vietnam
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How fast is the silicone elastomers market expected to grow through 2030?

The silicone elastomer market is projected to expand at a 7.45% CAGR, moving from USD 8.42 billion in 2025 to USD 12.06 billion by 2030.

Which product segment shows the highest growth momentum in in the Silicone Elastomer Market?

Liquid Silicone Rubber leads with 44.58% share in 2024 and an 8.67% CAGR forecast, thanks to fast-cycle injection molding and medical compliance advantages.

What end-use sector dominates volume demand today?

Automotive and transportation applications top demand at 30.25% share, propelled by EV battery sealing and high-voltage insulation needs.

Why are silicone elastomers preferred in 5G infrastructure hardware?

They combine low dielectric loss at frequencies up to 100 GHz with superior thermal management, ensuring signal integrity and reliability.

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