Conductive Silicone Rubber Market Will See Strong Expansion Through 2024

Global Conductive Silicone Rubber Market: Overview

Conductive silicone rubbers are conductive mixes having solid versatility, high adaptability, and improved mechanical properties. They show astounding warm and electrical conductance. Moreover, they show protection from warmth, cold, and other antagonistic climate conditions. When contrasted with a traditional metallic conduit, conductive silicone rubber is very adaptable and impervious to erosion attributable to its low thickness and high versatility. Use of conductive silicone rubber furnishes amazing electromagnetic protecting impact alongside security from electrostatic release in its electrical applications.

Conductive silicone rubbers are set up by restoring silicone rubbers at room temperature. Silicone rubbers are made by silicones that are the polymer of silicon, containing carbon, hydrogen, oxygen, and different components on occasion. Conductive fillers are added during the restoring procedure to bestow conductive properties in silicone rubbers. A few sorts of conductive fillers, for example, carbon filaments, carbon dark, copper strands, and nickel-covered graphite are utilized as support operators in conductive silicone rubbers. The silicone rubber that is made can be formed into different shapes, for example, sheets and strips dependent on business prerequisite.

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Global Conductive Silicone Rubber Market: Trends

Conductive silicone rubbers are widely used in several end-user industries due to their thermal and electrical conductivity properties. End-user industries such as electrical, electronics, automotive, defense & aerospace, and heavy industrial machineries experience broad usage of conductive silicone rubber. Electrically conductive silicone rubber is used in wires, cables, EMI shielding gaskets, and ESD shielding applications in electrical and electronics industries. Conductive silicone rubbers are used in EMP protection and wave guide application. They are used in military and aerospace equipment owing to their EMI shielding effects. Silicone rubber is used in car engines and wiring harness in the automotive industry. It is also used in automotive to detect the presence of deformation. Heavy machinery equipment required in the oil & gas industry also uses conductive silicone rubbers as thermal management material. They provide thermal conductance coupled with flexible electronic encapsulation. Furthermore, conductive silicone rubber is potentially employed in several electronic consumer goods and healthcare equipment among others. It is also applied in electrodes that are used in medical equipment and ceramic oscillators.

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Global Conductive Silicone Rubber Market: Regional Outlook

The global conductive silicone rubber market has witnessed prospective growth in the recent years. Additionally, the market is projected to experience significant growth rate in the next few years. Asia Pacific dominated the market for conductive silicone rubber in the past few years. Rising economy coupled with increased purchasing capacity in countries such as China, India, and South Korea enabled enormous growth of electronic, electrical, and automotive industries. This, in turn, resulted in substantial growth of the conductive silicone rubber market. North America also held substantial share of the global conductive silicone rubber market in 2014. Growth in major end-user industries in developed countries such as the U.S. and Canada has driven demand for conductive silicone rubber. North America is likely to experience steady growth during the forecast period. Latin America and Middle East & Africa are projected to be emerging markets for conductive silicone rubber in the next few years. Developing countries such as Brazil and Saudi Arabia are expected to be potential markets for conductive silicone rubber during the forecast period due to strong demand from electrical, electronic, automotive industries.

Developing countries such as India, China, Brazil, and South Africa have witnessed promising growth of major end-user industries in the past few years. This in turn, is likely to fuel demand for conductive silicone rubber in next few years. Increasing demand for lightweight and high-end automotive is estimated to boost the market for conductive silicone rubber in the next few years. Furthermore, expansion of the oil & gas industry in Asia Pacific is anticipated to be a key driver for the conductive silicone rubber market.

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Global Conductive Silicone Rubber Market: Companies Operating in the Market

Key manufacturers of conductive silicone rubber include Dow Corning Corporation, KCC Corporation, Momentive, Shin-Etsu Chemical Co., Ltd., Specialty Silicone Products, Inc., and Wacker Chemie AG.

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