The Global Silicones for Hybrid and Electric Vehicles Market was valued at USD 1.25 Billion in 2025 and is projected to reach USD 2.8 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period (2024–2030). This robust growth is being driven by the unprecedented expansion of the global electric vehicle fleet, stringent safety and performance requirements, and the accelerating adoption of advanced materials for battery systems, power electronics, and thermal management.

As the automotive industry undergoes its most significant transformation in a century, the spotlight is on the key material science companies who are supplying the high-performance silicones essential for the safety, durability, and efficiency of EVs. In this blog, we profile the Top 10 Companies in the Silicones for Hybrid and Electric Vehicles Industry—a mix of chemical giants and specialized innovators shaping the future of electric mobility.

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🔟 1. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: DOWSIL™-branded silicone elastomers, sealants, adhesives, and thermal interface materials

Dow is a global leader in materials science, offering a comprehensive portfolio of silicone solutions critical for EV applications. Their DOWSIL™ products are extensively used for battery pack sealing, potting and encapsulation of power electronics, and providing thermal management solutions that ensure the safety and longevity of electric vehicles.

Innovation Initiatives:

• Development of high-thermal-conductivity gels and adhesives for next-generation battery modules

• Strategic partnerships with major automotive OEMs and battery manufacturers

• Commitment to sustainability through product innovations that enhance EV efficiency and range

Download FREE Sample Report:
Silicones for Hybrid and Electric Vehicles Market – View in Detailed Research Report

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9️⃣ 2. Wacker Chemie AG

Headquarters: Munich, Germany
Key Offering: ELASTOSIL® silicone rubbers, gels, resins, and specialty fluids

Wacker Chemie is a premier supplier of high-performance silicones for the automotive industry, with a strong focus on electrification. Their ELASTOSIL® products provide essential properties such as flame retardancy, electrical insulation, and extreme temperature resistance, making them indispensable for EV battery systems and electric drivetrains.

Innovation Initiatives:

• Investment in specialized silicone grades for direct cooling of battery cells

• Collaboration with European automakers to develop custom-formulated solutions

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8️⃣ 3. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: KE Series silicone rubbers, fluorosilicone rubbers, and liquid silicone rubbers (LSR)

Shin-Etsu Chemical is one of the world’s largest silicone manufacturers, with a significant presence in the EV sector. The company’s products are renowned for their purity, consistency, and performance, serving critical applications in battery module assembly, inverter sealing, and motor insulation.

Innovation Initiatives:

• Expansion of production capacity for high-purity silicones used in electronics

• Focus on materials for high-voltage applications exceeding 800V

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7️⃣ 4. Elkem Silicones

Headquarters: Oslo, Norway
Key Offering: BLUESIL™ silicone elastomers, adhesives, and specialty fluids

Elkem Silicones provides advanced material solutions that meet the demanding requirements of the electric vehicle industry. Their BLUESIL™ products are engineered for excellent thermal stability, durability, and sealing performance, crucial for protecting sensitive EV components from harsh operating environments.

Innovation Initiatives:

• Development of thermally conductive gap fillers for battery thermal management systems

• Focus on sustainable production processes and recyclable material solutions

Download FREE Sample Report:
Silicones for Hybrid and Electric Vehicles Market – View in Detailed Research Report

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6️⃣ 5. Momentive Performance Materials Inc.

Headquarters: Waterford, New York, USA
Key Offering: SILTECH® and SILQUEST® silicones, silicone urethanes, and specialty additives

Momentive offers a diverse range of silicone technologies that enhance the performance and safety of hybrid and electric vehicles. Their products are used in applications ranging from battery flame retardancy and cable insulation to thermal interface materials for power electronics.

Innovation Initiatives:

• Advanced formulations for potting and encapsulating high-voltage components

• R&D into silicones for solid-state battery technologies

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5️⃣ 6. KCC Corporation

Headquarters: Seoul, South Korea
Key Offering: Silicone sealants, encapsulants, and thermal management materials

KCC Corporation is a major player in the Asian silicones market, capitalizing on the region’s dominance in EV production. The company supplies key materials to Korean automakers and battery giants, focusing on solutions that enhance the safety and reliability of electric powertrains.

Innovation Initiatives:

• Strong regional focus supporting the fast-growing Asian EV supply chain

• Development of fast-curing systems for high-volume automotive manufacturing

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4️⃣ 7. CHT Group

Headquarters: Tübingen, Germany
Key Offering: Specialty silicones for adhesives, sealants, and thermal management

CHT Group provides innovative silicone solutions tailored for the evolving needs of the electric vehicle industry. Their products are designed to meet the highest automotive standards for performance, safety, and durability in demanding EV applications.

Innovation Initiatives:

• Custom solutions for battery cell stacking and module assembly

• Focus on environmentally friendly silicone chemistries

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3️⃣ 8. H.B. Fuller Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: High-performance adhesives and sealants based on silicone chemistry

H.B. Fuller is a leading global adhesives provider, with a growing portfolio of silicone-based solutions for electric vehicles. Their expertise in bonding and sealing is critical for assembling battery packs, electric motors, and power electronics that must withstand vibration, thermal cycling, and environmental exposure.

Innovation Initiatives:

• Adhesive technologies for lightweight composite and multi-material structures in EVs

• Global technical support network for automotive customers

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2️⃣ 9. Rogers Corporation

Headquarters: Chandler, Arizona, USA
Key Offering: BISCO® silicone materials for damping, sealing, and thermal management

Rogers Corporation specializes in high-performance engineered materials, including advanced silicones for electric vehicles. Their BISCO® silicone products are designed for critical applications such as battery cushioning, cell isolation, and thermal interface management, ensuring safety and performance under extreme conditions.

Innovation Initiatives:

• Proprietary silicone foam technologies for battery pack impact protection

• Materials designed to mitigate thermal runaway propagation

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1️⃣ 10. Novagard Solutions Inc.

Headquarters: Cleveland, Ohio, USA
Key Offering: Custom-formulated silicone sealants and potting compounds

Novagard is a specialty formulator of silicone-based solutions, providing tailored products for the electric vehicle market. Their expertise in creating application-specific formulations makes them a valuable partner for OEMs and Tier 1 suppliers seeking optimized performance for unique EV component designs.

Innovation Initiatives:

• Rapid prototyping and custom formulation services for EV applications

• Focus on thermally conductive and electrically insulating silicone systems

Get Full Report Here:
Silicones for Hybrid and Electric Vehicles Market – View in Detailed Research Report

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🔋 Outlook: The Future of EV Silicones Is Smarter and More Specialized

The silicones for hybrid and electric vehicles market is undergoing a profound transformation. As EV technology advances toward higher energy densities, faster charging, and increased autonomy, the demand for more sophisticated silicone solutions is accelerating.

📈 Key Trends Shaping the Market:

• Development of ultra-high thermal conductivity silicones (>5 W/mK) for next-generation battery cooling

• Material innovations for solid-state battery integration and thermal management

• Increasing silicone content per vehicle as EV architectures become more complex

• Strategic partnerships between silicone suppliers and battery gigafactories

Get Full Report Here:
Silicones for Hybrid and Electric Vehicles Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for today’s electric vehicles—they’re developing the advanced solutions that will power the mobility revolution of tomorrow.