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North America Silicone Elastomer Market Size, Share & Trends Analysis Report By Product Type (Liquid Silicone Rubber, High Temperature Vulcanized, and Room Temperature Vulcanized), By End-Use, By Country and Growth Forecast, 2024 - 2031

Published Date : 25-Apr-2024

Pages: 117

Formats: PDF

The North America Silicone Elastomer Market would witness market growth of 6.2% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1,054.28 hundred tonnes, showcasing a growth of 21.8% (2020-2023).

Liquid Silicone Rubber (LSR) Elastomer is a highly versatile material known for its exceptional properties and wide-ranging applications. Unlike traditional solid elastomers, LSR is processed as a liquid and then cured into its final form, offering unique advantages in manufacturing intricate and complex components with precision and consistency. This elastomer is composed of silicone polymers mixed with cross-linking agents and catalysts, allowing it to achieve a balanced combination of elasticity, durability, and resistance to extreme temperatures. Therefore, the USA market consumed 466.42 hundred tonnes of Liquid Silicone Rubber in 2023.

North America Silicone Elastomer Market

The US market dominated the North America Silicone Elastomer Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,885.3 Million by 2031. The Canada market is experiencing a CAGR of 8.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.7% during (2024 - 2031).

In the aerospace industry, these elastomers are prized for their lightweight yet durable properties, making them essential for sealing and gasketing applications in aircraft engines, fuel systems, and cabin interiors. Their resistance to high temperatures, chemicals, and aviation fluids ensures reliable performance in challenging aerospace environments, contributing to safety, efficiency, and operational excellence.

In addition to high temperatures, aerospace applications often expose materials to harsh chemicals and aviation fluids, including jet fuel, hydraulic fluids, lubricants, and deicing agents. These elastomers offer superior chemical resistance, ensuring compatibility with various aviation and hydraulic fluids commonly used in aircraft systems. Their resistance to swelling, degradation, and corrosion in the presence of chemicals and fluids makes them ideal for sealing and gasketing applications where exposure to aggressive media is a concern.

In Mexico's automotive sector, these elastomers are used in engine components, transmission systems, electrical connectors, and interior trim parts. The growing demand for high-performance automotive components drives the need for these elastomers that can withstand the rigors of vehicle operation and provide reliable performance over the vehicle's lifespan. As per the data from the International Trade Administration, Mexico ranks the seventh-largest producer globally, with an annual production of 3.5 million passenger vehicles. Moreover, in Canada's climate, where temperature fluctuations and moisture ingress pose significant challenges, this elastomer coatings provide an effective barrier against water infiltration, UV radiation, and thermal transfer. As per the data from the Statistics Canada, investment in building construction rose 1.7% to $19.8 billion in November 2023. The residential sector grew 2.2% to $13.7 billion, while non-residential sector investment increased 0.4% to $6.0 billion. Thus, North America's rising construction and automotive sectors will lead to enhanced demand for these elastomers in the region.

Free Valuable Insights: The Silicone Elastomer Market is Predict to reach USD 11.2 Billion by 2031, at a CAGR of 6.8%

Based on Product Type, the market is segmented into Liquid Silicone Rubber, High Temperature Vulcanized, and Room Temperature Vulcanized. Based on End-Use, the market is segmented into Construction, Automotive, Apparel, Home Repair & Hardware, Healthcare, Medical Devices, Electronics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
  • Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
  • STOCKWELL ELASTOMERICS, INC.
  • The Dow Chemical Company
  • HEXPOL AB (MESGO S.p.A.)
  • Intek Adhesives Limited
  • Reiss manufacturing, Inc. (Reiss Corporation)
  • Shin-Etsu Chemical Co., Ltd.
  • Specialty Silicone Products, Inc.(HEICO Corporation)
  • Wacker Chemie AG

North America Silicone Elastomer Market Report Segmentation

By Product Type (Volume, Hundred Tonnes, USD Billion, 2020-31)

  • Liquid Silicone Rubber
  • High Temperature Vulcanized
  • Room Temperature Vulcanized

By End-Use (Volume, Hundred Tonnes, USD Billion, 2020-31)

  • Construction
  • Automotive
  • Apparel
  • Home Repair & Hardware
  • Healthcare
  • Medical Devices
  • Electronics
  • Others

By Country (Volume, Hundred Tonnes, USD Billion, 2020-31)

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Silicone Elastomer Market, by Product Type
1.4.2 North America Silicone Elastomer Market, by End-Use
1.4.3 North America Silicone Elastomer Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Silicone Elastomer Market, by Product Type
4.1 North America Liquid Silicone Rubber Market, by Country
4.2 North America High Temperature Vulcanized Market, by Country
4.3 North America Room Temperature Vulcanized Market, by Country

Chapter 5. North America Silicone Elastomer Market, by End-Use
5.1 North America Construction Market, by Country
5.2 North America Automotive Market, by Country
5.3 North America Apparel Market, by Country
5.4 North America Home Repair & Hardware Market, by Country
5.5 North America Healthcare Market, by Country
5.6 North America Medical Devices Market, by Country
5.7 North America Electronics Market, by Country
5.8 North America Others Market, by Country

Chapter 6. North America Silicone Elastomer Market, by Country
6.1 US Silicone Elastomer Market
6.1.1 US Silicone Elastomer Market, by Product Type
6.1.2 US Silicone Elastomer Market, by End-Use
6.2 Canada Silicone Elastomer Market
6.2.1 Canada Silicone Elastomer Market, by Product Type
6.2.2 Canada Silicone Elastomer Market, by End-Use
6.3 Mexico Silicone Elastomer Market
6.3.1 Mexico Silicone Elastomer Market, by Product Type
6.3.2 Mexico Silicone Elastomer Market, by End-Use
6.4 Rest of North America Silicone Elastomer Market
6.4.1 Rest of North America Silicone Elastomer Market, by Product Type
6.4.2 Rest of North America Silicone Elastomer Market, by End-Use

Chapter 7. Company Profiles
7.1 HEXPOL AB (MESGO S.p.A.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.2 Intek Adhesives Limited
7.2.1 Company Overview
7.3 Reiss manufacturing, Inc. (Reiss Corporation)
7.3.1 Company Overview
7.4 Specialty Silicone Products, Inc. (HEICO Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 Stockwell Elastomerics, Inc.
7.7.1 Company Overview
7.8 The Dow Chemical Company
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Wacker Chemie AG
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Shin-Etsu Chemical Co., Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
TABLE 1 North America Silicone Elastomer Market, 2020 - 2023, USD Million
TABLE 2 North America Silicone Elastomer Market, 2024 - 2031, USD Million
TABLE 3 North America Silicone Elastomer Market, 2020 - 2023, Hundred Tonnes
TABLE 4 North America Silicone Elastomer Market, 2024 - 2031, Hundred Tonnes
TABLE 5 North America Silicone Elastomer Market, by Product Type, 2020 - 2023, USD Million
TABLE 6 North America Silicone Elastomer Market, by Product Type, 2024 - 2031, USD Million
TABLE 7 North America Silicone Elastomer Market, by Product Type, 2020 - 2023, Hundred Tonnes
TABLE 8 North America Silicone Elastomer Market, by Product Type, 2024 - 2031, Hundred Tonnes
TABLE 9 North America Liquid Silicone Rubber Market, by Country, 2020 - 2023, USD Million
TABLE 10 North America Liquid Silicone Rubber Market, by Country, 2024 - 2031, USD Million
TABLE 11 North America Liquid Silicone Rubber Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 12 North America Liquid Silicone Rubber Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 13 North America High Temperature Vulcanized Market, by Country, 2020 - 2023, USD Million
TABLE 14 North America High Temperature Vulcanized Market, by Country, 2024 - 2031, USD Million
TABLE 15 North America High Temperature Vulcanized Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 16 North America High Temperature Vulcanized Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 17 North America Room Temperature Vulcanized Market, by Country, 2020 - 2023, USD Million
TABLE 18 North America Room Temperature Vulcanized Market, by Country, 2024 - 2031, USD Million
TABLE 19 North America Room Temperature Vulcanized Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 20 North America Room Temperature Vulcanized Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 21 North America Silicone Elastomer Market, by End-Use, 2020 - 2023, USD Million
TABLE 22 North America Silicone Elastomer Market, by End-Use, 2024 - 2031, USD Million
TABLE 23 North America Silicone Elastomer Market, by End-Use, 2020 - 2023, Hundred Tonnes
TABLE 24 North America Silicone Elastomer Market, by End-Use, 2024 - 2031, Hundred Tonnes
TABLE 25 North America Construction Market, by Country, 2020 - 2023, USD Million
TABLE 26 North America Construction Market, by Country, 2024 - 2031, USD Million
TABLE 27 North America Construction Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 28 North America Construction Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 29 North America Automotive Market, by Country, 2020 - 2023, USD Million
TABLE 30 North America Automotive Market, by Country, 2024 - 2031, USD Million
TABLE 31 North America Automotive Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 32 North America Automotive Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 33 North America Apparel Market, by Country, 2020 - 2023, USD Million
TABLE 34 North America Apparel Market, by Country, 2024 - 2031, USD Million
TABLE 35 North America Apparel Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 36 North America Apparel Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 37 North America Home Repair & Hardware Market, by Country, 2020 - 2023, USD Million
TABLE 38 North America Home Repair & Hardware Market, by Country, 2024 - 2031, USD Million
TABLE 39 North America Home Repair & Hardware Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 40 North America Home Repair & Hardware Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 41 North America Healthcare Market, by Country, 2020 - 2023, USD Million
TABLE 42 North America Healthcare Market, by Country, 2024 - 2031, USD Million
TABLE 43 North America Healthcare Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 44 North America Healthcare Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 45 North America Medical Devices Market, by Country, 2020 - 2023, USD Million
TABLE 46 North America Medical Devices Market, by Country, 2024 - 2031, USD Million
TABLE 47 North America Medical Devices Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 48 North America Medical Devices Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 49 North America Electronics Market, by Country, 2020 - 2023, USD Million
TABLE 50 North America Electronics Market, by Country, 2024 - 2031, USD Million
TABLE 51 North America Electronics Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 52 North America Electronics Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 53 North America Others Market, by Country, 2020 - 2023, USD Million
TABLE 54 North America Others Market, by Country, 2024 - 2031, USD Million
TABLE 55 North America Others Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 56 North America Others Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 57 North America Silicone Elastomer Market, by Country, 2020 - 2023, USD Million
TABLE 58 North America Silicone Elastomer Market, by Country, 2024 - 2031, USD Million
TABLE 59 North America Silicone Elastomer Market, by Country, 2020 - 2023, Hundred Tonnes
TABLE 60 North America Silicone Elastomer Market, by Country, 2024 - 2031, Hundred Tonnes
TABLE 61 US Silicone Elastomer Market, 2020 - 2023, USD Million
TABLE 62 US Silicone Elastomer Market, 2024 - 2031, USD Million
TABLE 63 US Silicone Elastomer Market, 2020 - 2023, Hundred Tonnes
TABLE 64 US Silicone Elastomer Market, 2024 - 2031, Hundred Tonnes
TABLE 65 US Silicone Elastomer Market, by Product Type, 2020 - 2023, USD Million
TABLE 66 US Silicone Elastomer Market, by Product Type, 2024 - 2031, USD Million
TABLE 67 US Silicone Elastomer Market, by Product Type, 2020 - 2023, Hundred Tonnes
TABLE 68 US Silicone Elastomer Market, by Product Type, 2024 - 2031, Hundred Tonnes
TABLE 69 US Silicone Elastomer Market, by End-Use, 2020 - 2023, USD Million
TABLE 70 US Silicone Elastomer Market, by End-Use, 2024 - 2031, USD Million
TABLE 71 US Silicone Elastomer Market, by End-Use, 2020 - 2023, Hundred Tonnes
TABLE 72 US Silicone Elastomer Market, by End-Use, 2024 - 2031, Hundred Tonnes
TABLE 73 Canada Silicone Elastomer Market, 2020 - 2023, USD Million
TABLE 74 Canada Silicone Elastomer Market, 2024 - 2031, USD Million
TABLE 75 Canada Silicone Elastomer Market, 2020 - 2023, Hundred Tonnes
TABLE 76 Canada Silicone Elastomer Market, 2024 - 2031, Hundred Tonnes
TABLE 77 Canada Silicone Elastomer Market, by Product Type, 2020 - 2023, USD Million
TABLE 78 Canada Silicone Elastomer Market, by Product Type, 2024 - 2031, USD Million
TABLE 79 Canada Silicone Elastomer Market, by Product Type, 2020 - 2023, Hundred Tonnes
TABLE 80 Canada Silicone Elastomer Market, by Product Type, 2024 - 2031, Hundred Tonnes
TABLE 81 Canada Silicone Elastomer Market, by End-Use, 2020 - 2023, USD Million
TABLE 82 Canada Silicone Elastomer Market, by End-Use, 2024 - 2031, USD Million
TABLE 83 Canada Silicone Elastomer Market, by End-Use, 2020 - 2023, Hundred Tonnes
TABLE 84 Canada Silicone Elastomer Market, by End-Use, 2024 - 2031, Hundred Tonnes
TABLE 85 Mexico Silicone Elastomer Market, 2020 - 2023, USD Million
TABLE 86 Mexico Silicone Elastomer Market, 2024 - 2031, USD Million
TABLE 87 Mexico Silicone Elastomer Market, 2020 - 2023, Hundred Tonnes
TABLE 88 Mexico Silicone Elastomer Market, 2024 - 2031, Hundred Tonnes
TABLE 89 Mexico Silicone Elastomer Market, by Product Type, 2020 - 2023, USD Million
TABLE 90 Mexico Silicone Elastomer Market, by Product Type, 2024 - 2031, USD Million
TABLE 91 Mexico Silicone Elastomer Market, by Product Type, 2020 - 2023, Hundred Tonnes
TABLE 92 Mexico Silicone Elastomer Market, by Product Type, 2024 - 2031, Hundred Tonnes
TABLE 93 Mexico Silicone Elastomer Market, by End-Use, 2020 - 2023, USD Million
TABLE 94 Mexico Silicone Elastomer Market, by End-Use, 2024 - 2031, USD Million
TABLE 95 Mexico Silicone Elastomer Market, by End-Use, 2020 - 2023, Hundred Tonnes
TABLE 96 Mexico Silicone Elastomer Market, by End-Use, 2024 - 2031, Hundred Tonnes
TABLE 97 Rest of North America Silicone Elastomer Market, 2020 - 2023, USD Million
TABLE 98 Rest of North America Silicone Elastomer Market, 2024 - 2031, USD Million
TABLE 99 Rest of North America Silicone Elastomer Market, 2020 - 2023, Hundred Tonnes
TABLE 100 Rest of North America Silicone Elastomer Market, 2024 - 2031, Hundred Tonnes
TABLE 101 Rest of North America Silicone Elastomer Market, by Product Type, 2020 - 2023, USD Million
TABLE 102 Rest of North America Silicone Elastomer Market, by Product Type, 2024 - 2031, USD Million
TABLE 103 Rest of North America Silicone Elastomer Market, by Product Type, 2020 - 2023, Hundred Tonnes
TABLE 104 Rest of North America Silicone Elastomer Market, by Product Type, 2024 - 2031, Hundred Tonnes
TABLE 105 Rest of North America Silicone Elastomer Market, by End-Use, 2020 - 2023, USD Million
TABLE 106 Rest of North America Silicone Elastomer Market, by End-Use, 2024 - 2031, USD Million
TABLE 107 Rest of North America Silicone Elastomer Market, by End-Use, 2020 - 2023, Hundred Tonnes
TABLE 108 Rest of North America Silicone Elastomer Market, by End-Use, 2024 - 2031, Hundred Tonnes
TABLE 109 Key Information – HEXPOL AB
TABLE 110 Key Information – Intek Adhesives Limited
TABLE 111 Key Information – Reiss manufacturing, Inc.
TABLE 112 Key Information – Specialty Silicone Products, Inc.
TABLE 113 Key Information – CHT Germany GmbH
TABLE 114 Key information – Elkem ASA
TABLE 115 Key Information – Stockwell Elastomerics, Inc.
TABLE 116 Key Information – The Dow Chemical Company
TABLE 117 Key Information – Wacker Chemie AG
TABLE 118 Key Information – Shin-Etsu Chemical Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Silicone Elastomer Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Silicone Elastomer Market
FIG 4 Porter’s Five Forces Analysis – Silicone Elastomer Market
FIG 5 North America Silicone Elastomer Market share, by Product Type, 2023
FIG 6 North America Silicone Elastomer Market share, by Product Type, 2031
FIG 7 North America Silicone Elastomer Market, by Product Type, 2020 - 2031, USD Million
FIG 8 North America Silicone Elastomer Market share, by End-Use, 2023
FIG 9 North America Silicone Elastomer Market share, by End-Use, 2031
FIG 10 North America Silicone Elastomer Market, by End-Use, 2020 - 2031, USD Million
FIG 11 North America Silicone Elastomer Market share, by Country, 2023
FIG 12 North America Silicone Elastomer Market share, by Country, 2031
FIG 13 North America Silicone Elastomer Market, by Country, 2020 - 2031, USD Million
FIG 14 Swot Analysis: CHT Germany GmbH
FIG 15 SWOT Analysis: Elkem ASA
FIG 16 SWOT Analysis: The Dow Chemical Company
FIG 17 Swot Analysis: Wacker Chemie AG
FIG 18 SWOT Analysis: Shin-Etsu Chemical Co., Ltd.

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