Market Overview

Global Conductive Silicone Market 2018-2022| Strong Demand from the Developing Countries | Technavio

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Technavio
analysts forecast the global conductive silicone market to grow to USD
4.6 billion by 2022, according to their latest market research report.

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Technavio has published a new market research report on the global conductive silicone market from 2 ...

Technavio has published a new market research report on the global conductive silicone market from 2018-2022. (Graphic: Business Wire)

The growing demand for conductive silicone in flexible circuits and
wearables is one of the major trends being witnessed in the global
conductive silicone market 2018-2022
. The increase in demand for
the use of conductive silicone in flexible circuits and wearables is
expected to drive the market growth during the forecast period.
Conductive silicone mixed with carbon fibers offers better electrical
conductivity and stability to the flexible circuits. The flex or
rigid-flex circuit board is one of the critical components of wearables
electronic devices. These flex circuits also provide a reduction in the
packaging requirements.

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only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global conductive silicone market is the increase in
demand from the developing countries:

Global conductive silicone market: Increase in
demand from the developing countries

The demand for conductive silicone from the developing economies, such
as China, India, Japan, Brazil, South Korea, and Indonesia, is expected
to increase over the next five years. Therefore, various vendors of
conductive silicone are shifting their manufacturing facilities to these
regions due to the low transportation costs, easy availability of land,
low-cost labor, easy accessibility of raw materials, and less stringent
regulations and policies by the government.

According to a senior analyst at Technavio for research on specialty
chemicals, "In developing countries of APAC and Latin America,
factors such as the growing population, high disposable income, and
increasing purchasing power are promoting high investments in the IT
telecommunication, power and distribution, electronics, and automobile
industries. The growing demand for silicone-based thermal interface
materials, such as encapsulants, greases and gels, and conductive pads
is expected to drive the growth of the conductive silicone market."

Global conductive silicone market: Segmentation
analysis

The global conductive silicone market research report provides market
segmentation by product (elastomers, fluids, resins, and gels) and by
region (the Americas, EMEA, and APAC). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

The elastomers segment held the largest market share in 2017, accounting
for nearly 44% of the market. This product segment is expected to
dominate the global market throughout the forecast period.

APAC led the market in 2017 with a market share of nearly 40%. This
region is expected to dominate the market through 2022, with an increase
in its market share.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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