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Based on application, the interior & exterior use of automotive silicone accounted for the largest market share in 2021 and is projected to grow at a CAGR of 6.8% in terms of value. Airbags, exhaust hangers, hoses, exterior trims, headlamps, shock absorbers, grommets, interior trims, and membranes in the interior & exterior application utilize automotive silicone. Airbags are defined as safety devices installed in a vehicle, which consist of a cushion that is designed to inflate rapidly in the event of a collision and protect passengers from impact. Automotive silicone coating helps in keeping
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