Global Conductive Silicone Market Trends, Applications, Analysis, Growth, and Forecast: 2019 to 2028
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9433
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May 2023
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“Global Conductive Silicone Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global conductive silicone market report has been segmented on the basis of type, application, end-use industries, and region.
Introduction
Conductive silicone is a silicone materials filled with carbon having good sensing properties. In addition, its electrical resistance is variable by deformation or compression thus make it a suitable material for deformation sensors or developing force. These material offers various advantages such as flexibility, moisture resistance, heat resistance, low temperature processablity, and easier assembly. Conductive silicone offers various applications in wide-range applications such as coating, fastening, printing, and bonding.
Dynamics
Increasing demand for conductive silicone across different end-use industries such as automotive and telecommunication and information technology is a major factor expected to drive growth of the target market over the next 10 years. In addition, increasing adoption of conductive silicone in power generation and distribution and construction industries is another factor estimated to drive growth of the global market over next 10 years.
In addition, increasing adoption of conductive silicone owing to its sustainable and efficient properties, coupled with rapid growth in demand for silicone based products from various emerging economics are other factors estimated to drive growth of the target market over the forecast period.
However, availability of low-price substitutes in the electronics sector and fluctuating raw materials prices are key factors expected to restraint growth of the global market to certain extent.
Segmental Analysis:
On the basis of type, silicone elastomers segment is expected to register significant share in terms of revenue in the global conductive silicone market, owing to excellent resistance to very high temperatures ranging from -55 to +300°C, enhanced chemical resistance, and improved stability. The silicone elastomers segment revenue is expected to register highest CAGR over the forecast.
On the basis of application, thermal interface materials segment is expected to dominate the global conductive silicone market. Conductive silicones are utilized widely for electrical & electronics units/systems deployed in different end-use industries such as automotive, entertainment, telecommunication & IT, power generation and distribution, LED, photovoltaic, and others. The thermal interface materials segment revenue is projected to register highest CAGR over the forecast.
Regional Analysis:
Asia Pacific conductive silicone market is estimated to account for significant share in terms of revenue in the global market. Asia Pacific conductive silicone market is expected to register fastest growth in terms of revenue over the next 10 years, owing to increasing adoption of conductive silicones in adhesives and sealants, potting and encapsulates compounds, conformal coatings, and thermal interface materials applications. In addition, increasing demand for thermal interface materials such as greases & gels, conductive pads, and adhesives in telecommunication & IT, automotive, building & construction, photovoltaic, LED, power generation & distribution, and other sectors is another factor estimated to drive growth of the target market over the forecast period.
Global conductive silicone market segmentation:
Segmentation by type:
- Elastomers
- Resins
- Gels
Segmentation by application:
- Adhesives & Sealants
- Thermal Interface Materials
- Thermal Adhesives
- Gels & Greases
- Encapsulants & Potting Compounds
- Thermally Conductive Pads
- Encapsulants & Potting Compounds
- Conformal Coatings
Segmentation by end-use industries:
- Automotive
- Telecommunication & IT
- Building & Construction
- Power Generation & Distribution
- Other (Entertainment, Photovoltaic, and LED)
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Dow Silicones Corporation
- Wacker Chemie AG
- Momentive Performance Materials Inc.
- Shin-Etsu Chemical Co., Ltd.
- Evonik Industries AG
- KCC Corporation
- Bluestar Silicones France SAS
- ACC Silicones Ltd.
- NuSil Technology LLC (Avantor Performance Materials, Inc.)
- Reiss Manufacturing, Inc.
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