UK Automotive Silicone Market Outlook

the u.k. automotive silicone market has been increasing steadily as new technologies and materials are developed for automotive products. in 2018, the global automotive silicone market was valued at usd 15.48 billion and is expected to grow at a compound annual growth rate of 5.7% up to 2032. this growth is primarily driven by increasing demand from major automotive manufacturers, which is driving growth in product development and manufacturing. as the automotive industry continues to grow, silicone materials are becoming an increasingly important part of the production process for components such as airbags, electronic systems, and tires. the u.k. is one of the largest consumers of silicone products in the world, and this demand is expected to continue to grow over the next decade. in fact, countries in the u.k. are projected to account for 7.3% of global silicone demand by the year 2032. driving demand for automotive silicones in the u.k. is the government’s commitment to green technology, which has seen considerable investment in the automotive sector. this has resulted in the introduction of ever-more stringent emissions standards for vehicles and new regulations are expected to result in increased use of silicone in automotive applications in the coming years. this will help the u.k. automotive silicone market to remain competitive, as well as create new opportunities for innovation. in addition, the u.k. has adopted legislation in recent years to reduce the use of plastics and other hazardous materials in automotive production. this has the potential to result in increased use of silicones, as they are suitable for a wide-range of applications as a safe and reliable alternative material. this is likely to result in a further boost in demand for automotive silicones from u.k. automotive manufacturers. overall, it is expected that the u.k. automotive silicone market will remain a strong and reliable industry with significant potential for growth over the next several years. with further investment in green technology and more stringent legislation on hazardous materials, the u.k. is likely to be a key driver of global demand for automotive silicone products.