PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807661
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807661
The conductive silicone rubber market size is expected to reach USD 19.61 Billion by 2034, according to a new study by Polaris Market Research. The report "Conductive Silicone Rubber Market Size, Share, Trends, & Industry Analysis By Product (Thermally Conductive, Electrically Conductive and Others), By Application, and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market for conductive silicone rubber is growing due to rising demand from electronics, automotive, and medical sectors. Manufacturers are increasing production to meet growing needs for materials that combine electrical conductivity with durability and thermal resistance.
Industries are focusing on material innovation to support miniaturization, improve safety, and ensure product reliability under extreme conditions. Conductive silicone rubber is becoming a preferred solution for manufacturers looking to enhance signal protection and component longevity.
Based on product, the electrically conductive segment dominated the market in 2024, due to its broad application in EMI shielding, sealing, and grounding across the electronics, automotive, and aerospace industries.
In terms of application, the electrical & electronics segment dominated the market in 2024. This is attributed to rising adoption of conductive silicone rubber in components such as connectors, gaskets, housings, and keypad assemblies.
Asia Pacific accounted for the majority share in the global Conductive Silicone Rubber market in 2024, driven by accelerating industrialization and growing electronics production in countries such as China, South Korea, and Japan.
North America held fastest growing market share, driven by robust demand from aerospace, defense, and automotive industries.
A few global key market players include China National Bluestar (Group) Co., Ltd., Dow Inc., Elkem ASA, Jan Huei K.H. Industry Co., Ltd., KCC CORPORATION, MESGO S.p.A., Momentive Performance Materials Inc., Reiss Manufacturing, Inc., Saint-Gobain, Shin-Etsu Chemical Co., Ltd., Simolex Rubber Corporation, Specialty Silicone Products, Inc., Wacker Chemie AG, Western Polyrub India Pvt. Ltd., and Western Rubbers.
Polaris Market Research has segmented the market report on the basis of product, application, and region:
By Product Outlook (Revenue, USD Billion, 2020-2034)
Thermally Conductive
Electrically Conductive
Others
By Application Outlook (Revenue, USD Billion, 2020-2034)
Automotive & Transportation
Engine System
Wiring Harness
Others
Electrical & Electronics
Wires & Cables
Lamps & Lighting
Others
Industrial Machines
Packaging
Stamping & Casting
Oil & Gas
Others
Others
Construction
Food & Beverage
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America