Press release
Silicone in Electrical and Electronic Global Market Experiences Strong Growth, Expected to Reach $2.29 Billion by 2025
Silicone in Electrical and Electronic Global Market
Increasing demand for silicones due to their heat resistance, thermal stability, and insulated properties alongside growing trends in wearable electronics, and smart homes contribute to market growth
What Is The Projected Market Size Of The Silicone In Electrical And Electronic Global Market And Its Growth Rate?
The silicone in electrical and electronics market has seen significant growth in recent years:
• Market size in 2024: $2.17 billion
• Market size in 2025: $2.29 billion (5.6% CAGR)
• Projected market size in 2029: $3.02 billion (7.1% CAGR)
Key factors contributing to this growth include heat resistance and thermal stability, insulating properties, and the flexibility of silicone. Additionally, advancements in electric vehicles, wearable electronics, and smart homes are expected to drive further growth.
What Is Driving The Growth In The Silicone In Electrical And Electronic Market?
The growth of the silicone in electrical and electronic market is largely driven by the increased use of smartphone devices. Smartphones use silicone electrical sealants in fingerprint sensor assemblies to aid in achieving an IP waterproof rating, which helps protect various components against heat, shock, and contaminants. An anticipated increase in the active mobile connections along with the increased usage of smartphone devices is set to boost the silicone in electrical and electronic market.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=10324&type=smp
Who Are the Key Players Driving Silicone In Electrical And Electronic Market Growth?
The major players in the silicone in electrical and electronic market include:
• Silchem Inc.
• ICM Products Inc.
• Specialty Silicone Products Inc. (SSP)
• Wacker Chemie AG
• Evonik Industries AG
• Dow Inc.
• Kaneka Corporation
• Hutchinson SA
• Shin-Etsu Chemical Co. Ltd.
• H.B. Fuller Company
• ACC Silicones Ltd.
• Elkem Silicones
• LORD Corporation
• Rogers Corporation
• Momentive Performance Materials Inc.
• Henkel AG & Co. KGaA
• Reiss Manufacturing Inc.
• Saint-Gobain Performance Plastics
• 3M Company
• Nusil Technology LLC
• Siltech Corporation
• Krayden Inc.
• Master Bond Inc.
• Permabond LLC
• Silicones Plus Inc.
• Trelleborg Group
• Zeus Industrial Products Inc.
What Are The Key Trends In The Silicone In Electrical And Electronic Market?
Major market trends include:
• Advancements in thermal management
• The emergence of flexible and foldable electronics
• Integration of silicone in smart devices
• Innovations in sealants and encapsulants
• The integration of artificial intelligence in electronics
What Are The Segments Of The Silicone In Electrical And Electronic Market?
The silicone in electrical and electronic market is segmented by:
1. Product Type: Sealants And Adhesives, Ceramics, Silicone Coatings, Conformal Coatings, Encapsulants, Potting Silicones, Hardcoats, Optical Bonding Adhesives, Quartz And Thermal Management
2. Form: Fluids, Gels, Elastomers, Resins
3. End-User: Automotive Industry, Electronics Industry, Telecommunications, Other End-Users
Which Region Leads The Silicone In Electrical And Electronic Market?
In 2024, Asia-Pacific was the largest region in the silicone in electrical and electronic market. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for swift delivery: https://www.thebusinessresearchcompany.com/report/silicone-in-electrical-and-electronic-global-market-report
What Is Covered In The Silicone In Electrical And Electronic Global Market Report?
- Market Size Analysis: Analyze the Silicone In Electrical And Electronic Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Silicone In Electrical And Electronic Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Silicone In Electrical And Electronic Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Silicone In Electrical And Electronic Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=10324&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Silicone in Electrical and Electronic Global Market Experiences Strong Growth, Expected to Reach $2.29 Billion by 2025 here
News-ID: 3831571 • Views: …
More Releases from The Business research company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Silicone
Revolutionizing Industries: Tenchy Silicone Introduces Cutting-Edge Silicone Tub …
Shenzhen Tenchy Silicone And Rubber Co., Ltd, a renowned leader in silicone products manufacturing, proudly announces the launch of its advanced silicone tubing solutions. Designed to meet the diverse needs of industries such as medical, automotive, and food and beverage, these innovative products represent a significant step forward in silicone technology.
In a world where reliability, performance, and versatility are paramount, silicone tubing stands out as a material of choice for…
Five common properties of silicone and the primary Types of Silicone
Silicones are a versatile class of polymers that come in various forms, offering immense potential for customization to meet the precise needs of the medical and aerospace sectors. Their characteristics enable them to perform diverse functions, such as sealing, lubricating, and fulfilling a host of other tasks.
Silicone's versatility is attributed to its unique physical and mechanical properties, which make it a valuable material in various industries. This article will delve…
Tenchy Silicone: Quality Silicone Tube Supplier for Different Industries
Tenchy Silicone is proud to announce the opening of their new headquarters, which will provide a quality silicone tube supplier service to different industries and businesses. Their silicone tubes are made from FDA-approved materials and are temperature resistant up to 230 degrees Celsius. All products come with an assurance of quality from Tenchy Silicone's team of experienced engineers and technicians who ensure that each product meets customer needs and specifications.…
Tenchy Silicone introducing new silicone foam strip
Tenchy Silicone, the leading provider of high-quality silicone foam strip, is proud to announce their newest product. The Silicone Foam Strip features a combination of both closed-cell and open-cell foaming technologies which offers outstanding thermal insulation and water resistance properties as well as superior airtight performance. It also provides excellent cushioning for equipment, machinery, components and instruments to ensure protection from dust, moisture, abrasion and shock. In addition to its…
Tenchy Silicone Announces Expansion on Silicone Tube Supplier Selection
Tenchy Silicone, a leading silicone tube supplier, is pleased to announce the expansion of its selection of products and services for customers. With over ten years of experience in the industry, the company has established a reputation for providing top-quality silicone tubes that meet customer needs and expectations. The new product line includes tubing from various manufacturers and offers a wide range of materials and sizes to accommodate every project.…
Tenchy Silicone Unveils their New Silicone Seal Gasket
Tenchy Silicone recently released a new silicone seal gasket designed to be used in a variety of industrial applications. It also provides excellent temperature insulation thanks to its ability to withstand temperatures up to 260 °C without any deformation or loss of strength, making it ideal for large-scale industrial projects. The silicone seal gasket is also unaffected by chemicals and ultraviolet light, making it suitable for numerous industries including automotive,…
