PUBLISHER: The Business Research Company | PRODUCT CODE: 1653379
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653379
Silicone in heavy machinery refers to a synthetic, high-performance material utilized in electrical heavy machinery. It is available in various forms, including reactive silanes, silicone fluids, and silicone polymers. Silicone in heavy machinery serves multiple purposes, particularly as adhesives and sealants in both consumer and industrial applications.
The primary types of silicone in heavy machinery include elastomers, liquid silicone rubber, and other variations. Elastomers are characterized as long-chain polymers containing carbon, hydrogen, oxygen, and silicon. They exhibit both viscosity and elasticity properties, with their molecules held together by weak intermolecular forces. The applications of elastomers in heavy machinery extend to transformers and switchgear. Sales channels for silicone in heavy machinery involve both direct channels or institutional sales and indirect sales. These sales channels play a crucial role in distributing silicone products to end-users in the heavy machinery sector.
The silicon in heavy machinery market research report is one of a series of new reports from The Business Research Company that provides silicon in heavy machinery market statistics, including silicon in heavy machinery industry global market size, regional shares, competitors with silicon in heavy machinery market share, detailed silicon in heavy machinery market segments, market trends and opportunities, and any further data you may need to thrive in the silicon in heavy machinery industry. This silicon in heavy machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The silicone in heavy machinery market size has grown strongly in recent years. It will grow from $1.53 billion in 2024 to $1.66 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to industrial and heavy machinery manufacturing, high-temperature and high-pressure environments, lubrication and sealing solutions, growth in mining and construction equipment, aerospace and defense applications.
The silicone in heavy machinery market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to integration of silicone in hydraulic systems, noise and vibration damping in heavy machinery, silicone gaskets and seals for improved efficiency, demand for silicone adhesives and coatings, silicone insulation for electrical components, silicone-based maintenance and repair solutions. Major trends in the forecast period include silicone-based 3D printing for heavy machinery parts, iot and sensors for predictive maintenance, self-lubricating silicone materials, silicone for noise control in heavy equipment, silicone encapsulation for ruggedized electronics, silicone solutions for extreme cold and heat.
The increasing demand for silicone rubber in the global wind energy sector is expected to drive growth in the silicone market in the coming years. Silicone rubber is an elastomer composed of silicone, which includes silicon along with carbon, hydrogen, and oxygen. It is commonly used in wind turbine blades and tower sections due to its durability, adhesive properties, and sealing capabilities for lubrication, thermal interference, and sealing applications. For example, in July 2023, the International Energy Agency, a France-based intergovernmental organization, reported that wind electricity generation saw a significant increase of 265 TWh in 2022, marking a 14% rise and bringing total output to over 2,100 TWh. This growth represented the second-highest growth rate among all renewable energy technologies. Therefore, the rising demand for silicone rubber in the wind energy sector is contributing to the expansion of the silicone market.
The burgeoning automotive industry is expected to be a driving force behind the growth of the silicone in heavy machinery market. Silicone, known for its heat resistance and durability, finds common applications in heavy machinery within the automotive sector for gaskets, seals, and insulating components. Notably, new vehicle sales in the US increased by 22.8% from May 2022 to May 2023, reaching 1,374,910 units, as reported by MarkLines Co., Ltd., a Japan-based automotive industry portal. This growth in the automotive industry significantly contributes to propelling the silicone in heavy machinery market forward.
The silicone in heavy machinery market is witnessing a noteworthy trend with a focus on product innovation. Major players in the market are actively innovating new products that offer properties such as thermal stability, durability, flexibility, and electrical conductivity. In December 2022, Dow Inc., a US-based chemical company, introduced the SILASTIC SA 994X Liquid Silicone Rubber (LSR) series. This collection of self-adhesive LSRs is designed for two-component injection molding, particularly in conjunction with thermoplastic substrates like polybutylene terephthalate and polyamide, providing various properties, including flame retardancy and UV resistance.
Companies in the silicone in heavy machinery market are strategically developing silicone 3D printers to gain a competitive edge. These 3D printers are instrumental in creating custom seals and gaskets for heavy machinery, contributing to enhanced performance and reduced downtime. For example, in November 2022, Lynxter, a France-based manufacturing machine tools manufacturer, launched the S300X silicone 3D printer, capable of utilizing industrial-grade RTV2 silicone and polyurethane for applications such as custom seal printing and soft robotics. The automation features of the S300X allow autonomous printing of substantial parts or batch production, leading to increased efficiency and productivity in the heavy machinery manufacturing sector.
In September 2022, Trelleborg AB, a Sweden-based company specializing in polymer technology, acquired Minnesota Rubber & Plastics for an undisclosed sum. This acquisition is intended to bolster Trelleborg AB's capabilities in polymer solutions and expand its market presence, particularly in North America. Minnesota Rubber and Plastics is a US-based manufacturer of plastic and rubber products, specializing in liquid silicone rubber for the machinery industry.
Major companies operating in the silicone in heavy machinery market include Dow Inc., Elkem Silicones, KCC Corporation, Momentive Inc, Shin-Etsu Silicone, Wacker Chemie AG, Iota Silicone Oil (Anhui) Co.Ltd, Stockwell Elastomerics Inc, Zhejiang XinAn Chemical Industrial Group Co Ltd, Evonik Industries AG, Gelest Inc., Innospec Inc., Avantor, Alstone Industries, ARCO Silicone, 3M, Saint-Gobain, Henkel, H.B. Fuller, Avery Dennison, Bostik, Sika, Huntsman Corporation, EssentialCo, Lanxess AG, Arkema SA, Toray Industries, Mitsubishi Chemical Corporation, Sumitomo Chemical Co Ltd
Asia-Pacific was the largest region in the silicone in heavy machinery market in 2024. North America was the second-largest region in the silicone in heavy machinery market share. The regions covered in this silicone in heavy machinery market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the silicone in heavy machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The silicone in the heavy machinery market consists of sales of high temperature silicone, liquid silicone and room temperature silicone. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Silicone in Heavy Machinery Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on silicone in heavy machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for silicone in heavy machinery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The silicone in heavy machinery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.