Global Conductive Silicone Rubber Market (Business Opportunities - Home Business)

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Global Conductive Silicone Rubber Market


Global Conductive Silicone Rubber Market was valued at USD 5.36 Bn in 2019 and is expected to reach USD 9.52 Bn by 2027 at a CAGR of 7.45% over the forecast period 2020-2027.



Global Conductive Silicone Rubber Market

The report covers an in-depth analysis of COVID 19 pandemic impact on Global Conductive Silicone Rubber Market by region and on the key players revenue affected till April 2020 and expected short term and long-term impact on the market.

Global Conductive Silicone Rubber Market Dynamics;

Conductive Silicone Rubber are rubberized material with conductive properties which helps in reducing electromagnetic interference and radio frequency interference. Electrically conductive silicone rubber composites are used in printing, fibre weaving, conductive coatings, and electronics communication industry, light emitting devices, gas and pressure sensors and EMI shielding. Various factors such as growing demand for electronic components in automotive & industrial machines, growing demand from solar energy and LED sectors, growing awareness about sustainable properties of conductive silicones, rapidly expanding automotive sectors in the Asia Pacific, growing use of conductive silicone rubber in plastic manufacturing are driving the market growth of global conductive silicone rubber market.

However, factors such as fluctuations in raw material prices, availability of substitute products, high cost associated with manufacturing of silicones and stringent regulations pertaining to use of rubber in conductive silicones are restraining the market growth over the forecast period.


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Last Update : 14 September 2020
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Item  Owner  : ashwini
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2020-11-25 (0.071 sec)