Conductive Silicone Rubber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
Global Conductive Silicone Rubber Market: Overview
Conductive silicone rubbers are conductive compounds possessing strong elasticity, high flexibility, and enhanced mechanical properties. They exhibit excellent thermal and electrical conductance. Furthermore, they exhibit resistance to heat, cold, and other adverse weather conditions. As compared to a conventional metallic conductor, conductive silicone rubber is highly flexible and resistant to corrosion owing to its low density and high elasticity. Usage of conductive silicone rubber provides excellent electromagnetic shielding effect along with protection from electrostatic discharge in its electrical applications.
Conductive silicone rubbers are prepared by curing silicone rubbers at room temperature. Silicone rubbers are manufactured by silicones that are the polymer of silicon, containing carbon, hydrogen, oxygen, and other elements at times. Conductive fillers are added during the curing process to impart conductive properties in silicone rubbers. Several types of conductive fillers such as carbon fibers, carbon black, copper fibers, and nickel-coated graphite are used as reinforcement agents in conductive silicone rubbers. The silicone rubber that is manufactured can be molded into various shapes such as sheets and strips based on commercial requirement.
Global Conductive Silicone Rubber Market: Trends
Conductive silicone rubbers are widely used in several end-user industries due to their thermal and electrical conductivity properties. End-user industries such as electrical, electronics, automotive, defense & aerospace, and heavy industrial machineries experience broad usage of conductive silicone rubber. Electrically conductive silicone rubber is used in wires, cables, EMI shielding gaskets, and ESD shielding applications in electrical and electronics industries. Conductive silicone rubbers are used in EMP protection and wave guide application. They are used in military and aerospace equipment owing to their EMI shielding effects. Silicone rubber is used in car engines and wiring harness in the automotive industry. It is also used in automotive to detect the presence of deformation. Heavy machinery equipment required in the oil & gas industry also uses conductive silicone rubbers as thermal management material. They provide thermal conductance coupled with flexible electronic encapsulation. Furthermore, conductive silicone rubber is potentially employed in several electronic consumer goods and healthcare equipment among others. It is also applied in electrodes that are used in medical equipment and ceramic oscillators.
Global Conductive Silicone Rubber Market: Regional Outlook
The global conductive silicone rubber market has witnessed prospective growth in the recent years. Additionally, the market is projected to experience significant growth rate in the next few years. Asia Pacific dominated the market for conductive silicone rubber in the past few years. Rising economy coupled with increased purchasing capacity in countries such as China, India, and South Korea enabled enormous growth of electronic, electrical, and automotive industries. This, in turn, resulted in substantial growth of the conductive silicone rubber market. North America also held substantial share of the global conductive silicone rubber market in 2014. Growth in major end-user industries in developed countries such as the U.S. and Canada has driven demand for conductive silicone rubber. North America is likely to experience steady growth during the forecast period. Latin America and Middle East & Africa are projected to be emerging markets for conductive silicone rubber in the next few years. Developing countries such as Brazil and Saudi Arabia are expected to be potential markets for conductive silicone rubber during the forecast period due to strong demand from electrical, electronic, automotive industries.
Developing countries such as India, China, Brazil, and South Africa have witnessed promising growth of major end-user industries in the past few years. This in turn, is likely to fuel demand for conductive silicone rubber in next few years. Increasing demand for lightweight and high-end automotive is estimated to boost the market for conductive silicone rubber in the next few years. Furthermore, expansion of the oil & gas industry in Asia Pacific is anticipated to be a key driver for the conductive silicone rubber market.
Global Conductive Silicone Rubber Market: Companies Operating in the Market
Key manufacturers of conductive silicone rubber include Dow Corning Corporation, KCC Corporation, Momentive, Shin-Etsu Chemical Co., Ltd., Specialty Silicone Products, Inc., and Wacker Chemie AG.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Rubber
Chemicals and MaterialsGlobal Market Study on Sodium Cyanide: Upswing in Mining Activities Boosting Sales Prospects