The Conductive Silicone Market is Projected to Reach $4.7 Billion by 2023 - Analysis by Type, Application, End-Use Industry and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Conductive Silicone Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
Conductive silicone market was valued at US$2.987 billion in 2017 and is anticipated to grow at a CAGR of 7.83% over the forecast period to reach US$4.696 billion by 2023.
The use of conductive silicone is increasing across various end-use industries owing to high demand for broadband shielding with superior moisture sealing in order to assure both electrical conductivity and sealing reliability.
Growing global demand for consumer electronics due to rising disposable income and expanding urbanization is one of the major drivers of conductive silicone market growth.
Increasing investments in R&D to develop advanced conductive silicone products and solutions for new applications is further fuelling the market growth of these materials.
FDA prefers silicone elastomers for applications where consumables are involved since silicone is resistant to many common chemicals and oils. This favorable government regulation is, thus positively impacting the demand for conductive silicone across food and beverage industry.
Geographically, APAC will witness the fastest regional market growth during the forecast period owing to booming consumer electronics and automotive industry in the region.
Major industry players profiled as part of the report are The Dow Chemical Company, Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries, Elkem Silicones, and ACC Silicones Ltd among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Conductive Silicone Market By Type
6. Conductive Silicone Market By Application
7. Conductive Silicone Market By End-Use Industry
8. Conductive Silicone Market By Geography
9. Competitive Intelligence
10. Company ProfilesThe Dow Chemical Company Shin-Etsu Chemical Co. Ltd. Wacker Chemie AG Evonik Industries Elkem Silicones ACC Silicones Ltd Silicone Technology Corporation Momentive FMi Chemical Inc. Quantum Silicones LLC - a CHT Group
For more information about this report visit https://www.researchandmarkets.com/research/dmksg6/the_conductive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005325/en/
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Related Topics:Electronic Chemicals,Silicones
INDUSTRY KEYWORD: ENERGY OTHER ENERGY MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/08/2018 07:08 AM/DISC: 08/08/2018 07:08 AM