The Conductive Silicone Rubber Market is growing steadily due to increasing demand across various industries, including electronics, automotive, and healthcare. Conductive silicone rubber is primarily used for applications requiring high conductivity, flexibility, and durability, such as in gaskets, seals, and electronic components. The conductive silicone rubber market size was USD 9.88 billion in 2020. The market is projected to grow from USD 10.65 billion in 2021 to USD 17.88 billion in 2028 at a CAGR of 7.7% in the 2021-2028 period.
This information is provided by Fortune Business Insights, in its report, titled, “Conductive Silicone Rubber Market, 2025-2032”.
According to our expert analysts, in electrical applications, the use of conductive silicone rubber provides good electromagnetic shielding as well as protection from electrostatic discharge. Silicone rubbers with excellent elasticity, flexibility, and mechanical qualities are known as conductive silicone rubbers. They have good thermal and electrical conductivity. They are also resistant to heat, cold, and other extreme weather situations.
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Report Coverage:
The report provides a comprehensive overview of the market’s analysis. The report’s market estimations are based on extensive secondary research, primary interviews, and in-house expert reviews. The impact of different social, political, and economic aspects, and current market dynamics, on the conductive silicone rubber market growth has been factored into these market estimates.
Segmentation:
1. By Product Type:
Thermally Conductive Silicone Rubber:
- Used in applications where heat dissipation is essential, such as in electronic devices and automotive parts.
Electrically Conductive Silicone Rubber:
- Primarily used in EMI/RFI shielding and antistatic applications.
Others:
- This includes custom blends used for specific industrial applications.
2. By Application:
Electronics:
- Used in conductive pads, heat sinks, connectors, and gaskets in consumer electronics and industrial equipment.
Automotive:
- Critical in electric vehicles for sealing, insulation, and EMI shielding.
Healthcare:
- Increasing use in medical devices due to its flexibility, durability, and biocompatibility.
Others:
- Applications in aerospace, telecommunications, and energy sectors.
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Drivers and Restraints:
Exceptional Properties Compared to Normal Conductors to Stimulate Growth
Conductive silicone rubbers are widely employed in a range of end-user industries due to their thermal and electrically conductive properties. Electrically conductive silicone rubber is used in conductors, cables, EMI shielding gaskets, and ESD shielding applications in the electrical and electronics industries. EMP protection and wave directing applications use silicone rubbers with conductive characteristics. They are used in military and aerospace equipment because of their EMI shielding properties. Silicone is chemically resistant, biocompatible, and hypoallergenic due to its inert nature. The demand for conductive silicone rubber has increased dramatically due to these excellent qualities, further accelerating growth.
Regional Insights:
Asia Pacific is expected to dominate the conductive silicone rubber market share. Increased economies, paired with rising purchasing power, enabled significant growth in the electronic, electrical, and automotive industries in countries such as China, India, and South Korea. Therefore, the need for conductive silicone elastomers has increased dramatically.
One of the most important markets for conductive silicone rubber is Europe. The need for electrically conductive silicone rubbers is being driven by the presence of a significant automobile production base. Furthermore, the large number of manufacturers present in European countries will contribute significantly to market growth.
In North America, demand for conductive silicone rubber has been driven by growth in key end-user sectors in industrialized countries such as the U.S. and Canada.
Competitive Landscape:
Companies Adopt Technologically Advanced Production Techniques to Improve Market Position
Major market players are investing in research and development to produce higher-quality products with more features. In addition, the corporations are pushing strategic collaborations in order to boost their R&D activities. Businesses place a strong emphasis on expanding their service areas in order to increase market share and income. Companies are working hard to introduce new consumer items to keep up with changing consumer preferences.
Key Industry Development:
- January 2021: Novationsi launched a new HCR healthcare compound that improves the electrical properties of silicone elastomers.
List of Key Players Mentioned in the Report:
- Wacker Chemie (Germany)
- Shin Etsu (Japan)
- Momentive Performance Materials (U.S)
- Dow Corning (U.S)
- Novation Solutions (Hong Kong)
- Specialty Silicone Products Inc. (U.S)
- KCC corporation (South Korea)
- Simolex rubber Corporation (U.S)
- Western Polyrub India (India)
- Soliani EMC s.r.l (Italy)
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