What is the projected growth of the conductive silicones market?
The conductive silicones market is expected to grow at a CAGR of 7.2% from 2023 to 2030, driven by advancements in consumer electronics, high-temperature applications, and unique silicone properties.
Which region dominates the conductive silicones market?
The Asia Pacific region currently holds the largest market share and is predicted to maintain its lead due to a thriving electronics and automotive industry.
What are the key applications of conductive silicones?
Conductive silicones find diverse applications in foldable smartphones, OLED displays, 5G technology, automotive ADAS systems, medical devices, and various other industries.
Who are the major players in the conductive silicones market?
Leading players include Dow Chemical Company, Euro Technologies, Master Bond, Shin-Etsu Chemical Co. Ltd., Wacker Chemie AG, Avantor, Inc., and American Rubber Products.