Conductive Silicone Market 2020-2025: Leading Key Players Evonik Industries AG, Shin-Etsu Chemical Company Ltd, Bluestar Silicones, Globe Specialty Metals Inc
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Based on application, the conductive silicone market is segmented into thermal interface materials, adhesives & sealants, conformal coatings, encapsulants & potting compounds, and other printing, fastening and bonding applications. Thermal interface materials dominate the application segment, as it offers adhesion to an extensive range of substrates and high thermal conductivity of conductive silicones makes it an ideal material for various applications. Moreover, sustaining functionality & longevity of the electrical and electronic devices will further augment to thermal interface material demand in the market.
By product type, the conductive silicone market is categorized into elastomers, gels, resins and others, which mainly includes glass wool, stone wool, phenolic foam, etc. Here, elastomers are the largest type of conductive silicone that are further classified into high temperature vulcanize, liquid silicone rubber, and room temperature vulcanize, which is the largest and fastest growing type of silicone elastomer that find extensive usage in electronics and telecommunication sector. Owing to its ability to resist extreme temperatures varying from -55 to +300°C, impressive stability against weathering and excellent chemical resistance. Moreover, growing demand of silicone elastomers in various end-use applications will further increase its share in the near term.
Among regions, Asia Pacific is likely to hold a major share in the conductive silicone market during the forecast period. Owing to a well-recognized hub for various end-use sectors, such as automotive, electronics & telecommunications, energy & power industry, and building & construction. Moreover, growing demand of these products in various electrical and electronic applications will swell its demand across the region. This in turn will boost the product demand in the regional market during the anticipated timeframe.
Methodology used in Calcium Carbide Market Report -
Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the conductive silicone market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
1. Definition and scope of research
2. Market dynamics, growth drivers and industry pitfalls
3. Regulatory and political guidelines for the conductive silicone market
4. Demographics and statistical data
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Major product manufactures in the international Conductive Silicone Market are Wacker Chemie AG, Dow Corning Corporation, Momentive Performance Materials Inc., Evonik Industries AG, Shin-Etsu Chemical Company Ltd, Bluestar Silicones, Globe Specialty Metals Inc., ACC Silicones, Becancour Silicon Inc., Ligas de Alumínio S/A, Elkem AS, KCC Corporation, Nusil Technologies LLC, Reiss Manufacturing Inc, etc.
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