The conductive silicone rubber market has expanded and improved, reflecting the company's distinctive concept. Due to its exceptional characteristics and flexibility, conductive silicone rubber is gaining popularity in various applications. Market trends include the use of conductive silicone rubber in electronics. The material's excellent conductivity, flexibility, and resistance to extreme temperatures make it perfect for gadget assembly, including keypads, connectors, and gaskets.
Automotive is another major driver of the conductive silicone rubber market. With the rapid integration of electrical systems and parts in modern cars, materials that perform well under testing automotive settings are in demand. Conductive silicone rubber meets these requirements, improving solidity, warmth, and electrical conductivity, making it a good choice for automotive gaskets, seals, and wire outfits.
The market has also seen a medical services boom. Conductive silicone rubber is used in healthcare equipment due to its biocompatibility and versatility. Wearable medical devices and seals and gaskets use the material's conductive characteristics to ensure reliable performance.
Also, supportability and ecological considerations are market drivers. Conductive silicone rubber excels in performance and environmental sustainability as projects focus on green solutions. The material's durability and low environmental impact match corporations' growing focus on manageability.
Asia-Pacific topography is key to the conductive silicone rubber market. Conductive silicone rubber is in demand due to the district's rapid industrialization, mechanical advancements, and burgeoning gadget and auto industries. Key producers in China, Japan, and South Korea boost the market's popularity.
However, market challenges include variable natural ingredient prices and the need for constant development to fulfill industry requirements. Market competitors are actively involved in inventive effort to improve conductive silicone rubber presentation and discover new applications.
Conductive Silicone Rubber Market Overview
According to MRFR analysis, the Conductive Silicone Rubber Market is projected to register a CAGR of over 7% to reach a value of nearly USD 8 Billion.
Conductive rubber is a generic term referring to any rubber material with conductive properties, which reduces or eliminates the EMI/RFI (electromagnetic interference and radio frequency interference) “noise” that is often associated with electronics. Conductive silicone rubber exhibits high flexibility, strong elasticity, and improved mechanical properties along with excellent electrical and thermal conductivity. Moreover, it is resistant to cold, heat, and other unfavorable weather conditions.
The prime factor driving the growth of the global conductive silicone rubber market is its widespread use in the automotive & transportation industry in the manufacturing of engine bay components, wiring harness, sealants, gaskets, connectors, and spark plugs. The increasing adoption of lightweight automobiles across the globe to increase fuel efficiency and reduce the environmental impact is fueling the demand for conductive silicone rubber. Moreover, the use of conductive silicone rubber in the electrical & electronics industry to manufacture wires & cables, lamps & lighting, and EMI shielding gaskets is another major driver of the global conductive silicone rubber. EMI gaskets are a newer addition to the EMI shielding family that offers potent protection from higher strength radiofrequency. They prevent the leakage of EMI into or out of the seams and gaps of enclosures.
The extensive use of heavy machinery across major end-use industries such as packaging, stamping & casting, oil & gas, and others is expected to further propel the market growth. In the oil & gas industry, conductive silicone rubber is used as thermal management material and in the manufacturing of rings, seals, gaskets, and coupling materials for packaging applications.
Market Synopsis
The demand for conductive silicone rubber is increasing on account of its extensive use in the automotive and transportation industry. The increasing adoption of lightweight vehicles due to the increased fuel efficiency as well as stringent government regulations has resulted in the growth of the global conductive silicone rubber market.
The product is widely used in electronic devices to reduce the EMI/RFI noise, thereby protecting the devices.
Regulatory Framework
Manufacturers need to meet all the requirements to manufacture certain products. In regards with the manufacturing of silicone rubber, a manufacturer has to comply with certain regulations such as the Restriction of Use of Hazardous Substances (RoHS), the Dodd-Frank Act, and the US government’s International Traffic in Arms Regulations (ITAR).
The production of soot during vulcanization of synthetic rubber is a factor negatively impacting the market growth. It consists of fine black particles, mainly composed of carbon, produced by incomplete combustion of coal, oil, wood, and other fuels. Soot comprises acids, chemicals, metals, soils, and dust. Soot particles are extremely tiny, with a diameter of approximately 2.5 micrometers or smaller. Compounds of soot such as sulfur dioxide and nitrogen oxide combine with the moisture, resulting in the formation of acid rain. This worsens the water quality, damages soil, and crops, and changes the nutrient balance in the ecosystem as well as results in nitrogen pollution.
According to the Clean Air Act, the US Environmental Protection Agency (EPA) is required to routinely adjust their allowable limits for soot emissions. The current limit for soot emission is 15 μg/m3, but EPA proposes to change it to between 12 and 13 by 2020.
Furthermore, several regulatory bodies such as the National Emission Standards for Hazardous Air Pollutants (NESHAP), and the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) have imposed strict policies regarding the use of hazardous chemicals and disposal of polluted wastewater from rubber processing.
Market USP
High demand for lightweight automobiles & other transportation mediums
Market Drivers
Market Restraints
Segmentation
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By Application
By Region
Key Players
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