Silicone in Electric Vehicles Market Size, Share, By Product Type (Silicone Elastomers, Silicone Fluids, Silicone Gels, and Others), By Application (Powertrain Systems, Charging Infrastructure, Battery Components, and Others), By Vehicle Type (Commercial Electric Vehicles, Passenger Electric Vehicles, and Heavy-duty Electric Vehicles), By Propulsion Type (Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Hybrid Electric Vehicles (HEV)), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI563124 | Publish Date: September 2024 | No. of Pages: 185

Silicone In Electric Vehicles Market Size

Silicone in Electric Vehicles Market Size

Silicone in Electric Vehicles Market Size was valued at US$ 7.4 Billion in 2024 and is projected to grow at a CAGR of 9.7% to reach US$ 17.2 Billion by 2034

Silicone has emerged as a critical material in the electric vehicles (EVs) market due to its unique properties and versatility, making it integral to various EV components. Silicone's ability to withstand extreme temperatures, its electrical insulation properties, and its resistance to degradation are crucial in the high-performance and demanding environment of electric vehicles.