Global Conductive Silicon Rubber Market, 2016–2024: Industry Size, Share and Forecast
Zion Market Research, the market research group announced the analysis report titled ‘Conductive Silicon Rubber Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021′
An elastomer, i.e. rubber, composed of silicon with conductive properties is termed as conductive silicon rubber. The material, when integrated with conductive metal elements, acts as a conductive rubber. However, this silicon rubber can be applied on various materials used for the purpose of conducting such as nickel, silver, graphite, and others. Silicon rubbers have excellent electrical conductivity, fire retardant ability, are resistive to cold and heat as well as have high thermal conductivity. This material is widely applicable for reducing electromagnetic and radio frequency interference. Hence, multiple operating characteristics of the conductive silicon rubber make the material applicable for enormous applications.
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The global conductive silicon rubber market is segmented based on the product type as electrically conductive and thermally conductive. On the basis of end-user, the global market is segmented as industrial machines, electrical and electronics industry, automotive, office automation, food processing industry, transportation, and defense.
Wide application in consumer electronics, office automation such as defrosters, gaskets, components in heaters, high-voltage cable shielding, a wiring of home appliances, contact points of calculator and keyboards are the factors boosting the demand of the market. The automotive industry constantly making efforts to make the vehicle automated and miniaturized the components may act as the major growth factor of the market. Moreover, wide application of silicon rubber for packaging of electronic components and devices in order to avoid dust and provide anti-static protection may augment the growth of the market in the coming years. Utilization of conductive silicon polymers for interior parts of automobiles such as gaskets, spark plugs, sealants, and wiring harness respective to adhesive, tear strength, fire and chemical resistance, and weather proof properties has increased the demand in the market for the material. This compound of the silicon rubber is also applied for waterproofing and flame protection in construction industries which drives the global conductive silicon rubber market. Huge application in aerospace and military equipment respective to electromagnetic interference prevention is a major factor responsible for the growth of the conductive silicon rubber market. Consumers preferring bio-based products over synthetic materials may hinder the growth of the conductive silicon rubber market.
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Asia-Pacific is the largest market for conductive silicon rubber mainly due to a rise of electronic industry in India, China, and Japan and this is anticipated to continue in the future. North America is expected to show considerable growth due to developing end-user industries. However, the Middle East is anticipated to witness rapid growth owing to a high demand for electrical and electronic equipment, components, and devices.
Major players dominating the global silicon rubber market include Wacker, Shin Etsu, Momentive, Dow Corning, Saint-Gobain, China National BlueStar (Group) Co. Ltd., Western Rubber & Supply, KCC Corporation, Mesgo SpA, Jan Huei Industry Co., Ltd., and Reiss Manufacturing, Inc.
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Global Conductive Silicon Rubber Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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