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  Automotive Silicone Market Silicone is an element which has moved from being used in microprocessors in engines of cars to widespread applications in the entire body of the car. Improvements in silicon chip technology which furthered the development of processor-based systems has driven the demand for the element. The emphasis on low carbon emissions and fuel efficiency is expected to be a banner period (2018–2023) for the global automotive silicone market, as per the analysis of Market Research Future (MRFR). Market Outlook The Automotive Silicone Market is expected to achieve a windfall due to the upswing noticed in sales of vehicles in the automotive sector. High demand for lightweight vehicles due to rapid urbanization and changing lifestyles of consumers can drive the market. This trend is supported by properties of silicone such as durability, resistance, and strength. The use of silicone in exterior paints, car parts, tires, and other parts can spur the market demand expo...

  Market Outlook The global automotive silicone market is expected to achieve a windfall due to the upswing noticed in sales of vehicles in the automotive sector. The high demand for lightweight vehicles due to rapid urbanization and changing lifestyles of consumers can drive the market. This trend is supported by properties of silicone such as durability, resistance, and strength. The use of silicone in exterior paints, car parts, tires, and other parts can spur the market demand exponentially during the forecast period. The skyrocketing gas prices have led to manufacturers' shift to elements that can lower vehicle weight and overall emissions. Governments regulations such as the Corporate Average Fuel Economy (CAFÉ) which has specified standards for controlling fuel consumption rates and emission levels can positively impact the market. Consumer awareness of the element as well as emerging trends of electric vehicles (EVs) and hybrid vehicles can favor the global automotive silic...

  Market Outlook The global automotive silicone market is expected to achieve a windfall due to the upswing noticed in sales of vehicles in the automotive sector. High demand for lightweight vehicles due to rapid urbanization and changing lifestyles of consumers can drive the market. This trend is supported by properties of silicone such as durability, resistance, and strength. The use of silicone in exterior paints, car parts, tires, and other parts can spur the market demand exponentially during the forecast period. The skyrocketing gas prices has led to manufacturers shift to elements which can lower vehicle weight and overall emissions. Governments regulations such as the Corporate Average Fuel Economy (CAFÉ) which has specified standards for controlling fuel consumption rates and emission levels can positively impact the market. Consumer awareness of the element as well as emerging trends of electric vehicles (EVs) and hybrid vehicles can favor the global automotive silico...

  Silicone is an element which has moved from being used in microprocessors in engines of cars to widespread applications in the entire body of the car. Improvements in silicon chip technology which furthered the development of processor-based systems has driven the demand for the element. The emphasis on low carbon emissions and fuel efficiency is expected to be a banner period (2018-2023) for the global automotive silicone market, as per the analysis of Market Research Future (MRFR). Market Outlook The global automotive silicone market is expected to achieve a windfall due to the upswing noticed in sales of vehicles in the automotive sector. High demand for lightweight vehicles due to rapid urbanization and changing lifestyles of consumers can drive the market. This trend is supported by properties of silicone such as durability, resistance, and strength. The use of silicone in exterior paints, car parts, tires, and other parts can spur the market demand exponentially during ...