Global Conductive Silicone Rubber Market by Product (Thermally Conductive, Electrically Conductive) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

The global conductive silicone rubber market was valued at USD 3,486.7 millions in 2014. The demand for wire applications and lighting is expected to grow, especially in Asia Pacific. The industry's growth will be further accelerated by the increasing importance of antistatic packaging to control dust during electric charge.

The conductive silicone rubber market is expected to grow due to increased demand for lightweight parts for automobiles. Because of its superior anti-wearing and anti-blocking capabilities, the product is used to manufacture plastic and rubber modifiers for interior parts.

Market growth will be positively impacted by the expected industrial and infrastructure growth in emerging countries like Brazil, India, China, Brazil and China. The favorable regulatory policies, such as the FDI or the free trade agreement, will likely drive the compound's demand over the forecast period. The growth is expected to be boosted by the increasing use of conductive silicon polymers in manufacturing rings and seals, gaskets and coupling materials in the packaging and oil and gas industries.

The next seven years will see a rise in consumer awareness about the advantages of bio-based chemicals compared to synthetic counterparts. This is likely to hinder growth. The rising use of silicone in the manufacture of lubrication oils and greases will pose a significant threat to raw material availability. This in turn will lead to an increase in product costs over the forecast period.

Dow, Wacker, Shin Etsu, and Momentive are market players that integrate across the entire value chain, from raw material suppliers to manufacturing, distributing, and distribution of conductive silicone rubber. The availability of raw material to produce conductive silicone rubber will be reduced by the rising use of silicone in the manufacture of lubricants, greases and other lubricants.

Product insights

The largest product segment was thermally conductive silicone rubber, which accounted for 48.4% global market volume in 2014. Because of its superior heat dissipation, the product is used to manufacture components for automotive, personal computers and home appliances.

The increasing use of thermally-conductive silicone rubber materials for electronic components like sensors and printed circuit boards is likely to be a positive factor. They are able to exhibit good flow and processing, as well as high thermal stability. Wacker introduced a thermally conductive adhesive to be used in electronics applications in November 2014. The company manufactures the conductive silicone-based adhesive under the brand name SEMICOSIL 975TC. It is designed to establish mechanical and thermal connections within electronic components.

The fastest-growing segment in terms volume growth is expected to be electrically conductive rubber, growing at 7.4% CAGR between 2015 and 2022. The need to protect electronic parts from Electromagnetic Interference and Electrostatic Dissipation has increased with the miniaturization of electronic products. Over the forecast period, conductive silicone rubber will be used more often to protect against ESD and EMI.

Application insights

The automotive & transportation sector was second in terms of market share and accounted to over 30.5%. Due to its weather and flame resistance, conductive silicone rubber is being used more often in automobile interiors.

Because of its excellent electrical insulation, weather resistance, heat and chemical resistance and tear strength, it is used in the manufacture of many automotive components such as engine bay components, wiring harnesses, sealants gaskets, gaskets and connectors. These products are reliable in protecting against water spray, dirt, moisture, and other contaminants. They can also be used to make spark plugs.

In order to reduce vehicle weight, lighter materials are being increasingly used. This results in lower fuel consumption. In accordance with many regulations in the Euro 6/7, the automotive industry has been using lighter materials in recent years to make vehicles. The Montreal Protocol and Kyoto Protocol both set standards for automobile emissions. This has led to an increase in the use of lightweight materials.

The Electronics & Electrical segment will continue to grow at a rate of 8.3% between 2015 and 2022. It is used as an adhesive, sealant, and in coatings for wires & cables, as well as acting as an antistatic packaging agent for electronic parts. The compound was used in sealants and gaskets for industrial machines such as hydraulic packaging machines. This made up 15.0% of 2014's market volume. The compound's resistance to weathering and ozone, as well as its resistance to moisture and UV radiation will make it more useful in the manufacture of internal and external components for consumer electronics, power distribution, and transmission devices.

In 2014, construction applications accounted for more than 200 kilo tonnes of global demand. It is used to make concrete, water-proof mortar and metal surfaces. These rubbers retain elasticity at a wide temperature range and are resistant to UV and ozone. These rubber compounds are expected to see a rise in use in the construction industry for water proofing, flame resistance, and airtight gaseskets. This will have a positive effect on the future seven-years.

Regional insights

Asia Pacific accounted for 54.4% global volume in 2014, accounting for the largest region. Over the next seven year, India, Japan, China and Taiwan will be key players in the electronics industry.

In order to increase the country's chemical output, supportive government regulations such as Draft National Chemical Policy, Government of India, February 2014, are intended to support country's growth from 3% in 2014 up to 6% by 2020. This policy will open up new opportunities for manufacturers and allow easy access to raw material to produce conductive silicone rubber.

In 2014, North America was responsible for 17.84% global conductive silicon rubber market. The North American shale deposit expansion due to hydraulic fracturing advancements will likely drive demand for conductive silicon rubber-based sealants and gaskets for oil & Gas machineries.

Europe market was worth more than USD 750 millions in 2014. It is expected to be a lucrative market due to rising healthcare industry spending towards the development of biocompatible medical devices like . Over the forecast period, the market will be driven by the strong manufacturing base of automobiles in France, Germany, and Italy.

In 2014, GM & Ford restructured Europe's operations and announced plans to launch new products. Opel also announced the launch of 27 new models and 17 engines in the same year. These launches and developments are expected to increase market demand during the forecast period.

Market Share Insights & Key Companies

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., Reiss Manufacturing, Inc. Major manufacturers are likely to choose forward integration due to the expanding application scope of conductive silicon rubber. The market is likely to see a rise in silicone prices due to rising demand for lubricants, greases and other products.

Jan Huei of Reiss Manufacturing and China Blue Star, KCC and Western Rubber Supply are the major conductive silicone rubber producers in the market. They procure raw material from these companies to produce different grades. In order to make conductive silicone rubber sheets, films and other compounds, industry players have developed strategic partnerships with contract manufacturers and compounders. Some market players and distributors also sell their products through online portals like Alibaba. Different products are manufactured by buyers in different sectors, including automotive, electronics and industrial.

Market Report Scope for Conductive Silicone Rubber

The report covers segments

This report forecasts revenue growth and revenue at the global, regional and country levels. It also provides analysis of industry trends for each sub-segment from 2015 to 2022. Grand View Research has divided the global market for conductive silicone rubber on the basis product, region, and application.

• Product Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

  • Thermally Conductive

  • Electrolyconductive

  • Other

• Application Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

  • Automotive & Transportation

  • Electrical & Electronics

  • Industrial Machines

  • Other

• Regional Outlook (Revenue USD Million; 2014-2025)

  • North America

    • U.S.

  • Europe

    • Germany

  • Asia Pacific

    • China

  • Latin America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

These are the most frequently asked questions about this report

b. The market for conductive silicone rubber was valued at USD 5.6 Billion in 2019, and will reach USD 6.0 Billion by 2020.

b. Global conductive silicone rubber markets are expected to expand at a compound annual rate of 7.1% between 2015 and 2022, reaching USD 6.8 billion in 2022.

b. With a 51.1% share in 2019, Asia Pacific was the dominant region for conductive silicone rubber. This can be attributed to the growing economy and increased purchasing power in countries like South Korea, China, India and China.

b. Wacker, Shin Etsu, Momentive, Dow Corning, Saint-Gobain, China National BlueStar(Group) Co., Ltd., Western Rubber & Supply, KCC Corporation, Reiss Manufacturing, Inc. are some of the key players in the conductive silicon rubber market.

b. The market for conductive silicone rubber is growing due to increasing demand for lighting and wire applications, as well as rising demand for lightweight automotive parts.

Up Market Research published a new report titled “Conductive Silicone Rubber Market research report which is segmented by Product (Thermally Conductive, Electrically Conductive), By Players/Companies Western Rubber & Supply, Ltd, KCC Corporation, Reiss Manufacturing, China National BlueStar (Group) Co, Saint-Gobain, Shin Etsu, Dow Corning, Momentive, Wacker, Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Conductive Silicone Rubber Market Report Segments:

The market is segmented by Product (Thermally Conductive, Electrically Conductive).

Conductive Silicone Rubber Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Conductive Silicone Rubber Market

Overview of the regional outlook of the Conductive Silicone Rubber Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Conductive Silicone Rubber Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Conductive Silicone Rubber Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Thermally Conductive

                2. Electrically Conductive

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Conductive Silicone Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Conductive Silicone Rubber Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.