Conductive silicone is mainly filled with carbon with good sensing properties, making it suitable for deformation sensors. Silicon metal and methyl chloride are the primary raw materials required for the manufacture of conductive silicone. There are different types of conductive silicone, such as elastomers, resins, gels, others. The conductive silicone applications include adhesives & sealants, thermal interface materials, encapsulants & potting compounds, and conformal coatings.
MARKET DYNAMICS
The rising preference for Silicone elastomer is the crucial driver for the growth of the conductive silicon market. Silicone elastomer is preferably used in the electronics & electrical industry. Owing to its high electrical & thermal conductivity, high mechanical strength, and flexibility, silicone elastomers are rapidly growing in the conductive silicon market. Moreover, accelerating demand from end-use industries such as photovoltaic, power generation & distribution, and LED in Asia-Pacific is driving the growth of the conductive silicones market. Rapid economic expansion, technological innovation, and surge in the production of electronic devices are expected to create opportunities for this region's conductive silicones market. However, high raw material price is a major restraint toward the development of the conductive silicone market.
MARKET SCOPE
The "Global Conductive Silicone Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the conductive silicone market with detailed market segmentation by type, application, and end use. The global conductive silicone market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading conductive silicone market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global conductive silicone market is segmented into type, application, and end use. By type, the conductive silicone market is classified into Elastomers, Resins, Gels, Others. By application, the conductive silicone market is classified into Adhesives and Sealants, Thermal Interface Materials, Encapsulants and Potting Compounds, Conformal Coatings, Others. By end use, the conductive silicone market is classified into Automotive, Construction, Power Generation, Electrical and Electronics, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global conductive silicone market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The conductive silicone market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the conductive silicone market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the conductive silicone market in these regions.
MARKET PLAYERS
The reports cover vital developments in the conductive silicone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the conductive silicone market are anticipated to lucrative growth opportunities in the future with the rising demand for conductive silicone in the global market. Below mentioned is the list of few companies engaged in the conductive silicone market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the conductive silicone market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Wacker Chemie AG
- Dow
- Shin-Etsu Chemical Co., Ltd.
- Specialty Silicone Products, Inc.
- CHT Group
- Momentive Performance Materials
- Evonik Industries AG
- Elkem Silicones
- NuSil Technology, LLC
- Reiss Manufacturing, Inc.
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