Conductive Silicone Market to Receive Overwhelming Growth of USD 12.83 Billion by 2029, Size, Share, Global Industry Trends, Future Growth and Revenue Outlook

Global conductive silicone market was valued at USD 7.55 billion in 2021 and is expected to reach USD 12.83 billion by 2029, registering a CAGR of 6.85% during the forecast period of 2022-2029. 

Silicone can conduct electricity thanks to additions called conductive silicones. Silicones that conduct electricity have been employed in automotive and industrial settings for sealing and shielding radio frequency waves. Its great biocompatibility, flexibility, high chemical resistance, stability across a broad temperature range, and ease of manufacture are the main reasons for its use. It is anticipated that emerging economies like China, India, Brazil, and other nations in North Africa will have good market growth as a result of their growing industrial and infrastructure sectors. Additionally, over the forecast period, the demand for the compound is projected to be driven by favorable regulatory policies including the FDI and the free trade agreement.  

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Some of the major players operating in the conductive silicone market are
Henkel AG & Co. KGAA (Germany)
Polycast Industries Inc. (India)
Specialty Silicone Products, Inc. (U.S.)
MESGO S.p.A. (Italy)
Jan Huei K.H. Industry Co., Ltd. (Taiwan)
Western Rubbers (U.S.)
Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China)
Timtronics. (U.S.)
Schlegel Electronic Materials, Inc. (U.S.)
3M (U.S.)
Dow (U.S.)
DuPont (U.S.)
Wacker Chemie AG (Germany)
Momentive Performance Materials Inc. (U.S.)
Shin-Etsu Chemical Company Ltd. (Japan)
Evonik Industries AG (Germany)

Global Conductive Silicone Market Scope
Type
Silicone Elastomers
High temperature vulcanize 
Liquid silicone rubber
Room temperature vulcanize
Silicone Resins
Silicone Gels
Others

Application
Conformal Coatings
Adhesives & Sealants
Encapsulants & Potting Compounds
Thermal Interface Materials
Thermal Adhesives
Gels & Greases
Encapsulants & Potting Compounds
Thermally Conductive Pads
Others 

End-use Industry
Electronics
Power Generation & Distribution
Photovoltaic
Building & Construction
Telecommunication & IT
LED
Entertainment
Automotive
Other

Conductive Silicone Market Regional Analysis/Insights
The Conductive Silicone market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Conductive Silicone market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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