Asia Pacific Conductive Silicone market is expected to witness the highest growth during the projected period, at a CAGR of 9.59%, reaching US$1.999 billion in 2021 from US$1.154 billion in 2015. Market growth in the region is driven by increased demand for conductive silicone for power generation, transportation, consumer electronics and LEDs, construction, photovoltaics, and sustainable energy generation. Demand for conductive silicone has increased in the region due to high scale Chinese manufacturing activities, and dominance of Japan in advanced manufacturing sectors like electronics. Growth over the forecast period is also expected to be bolstered by the Indian market that is seen strengthening due to government policies with regards to ease of doing business, and due to presence of a large consumer base.
This section provides an anatomy of the research process followed for calculating market size and forecasts along with a list of the secondary data sources used and the primary inputs which were taken for data validation. It also provides an outline of the various segmentations which have been covered as part of the report.
In this section, the entire market is explained along with various drivers, restraints, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Asia Pacific Conductive Silicone market has been segmented based on type, application, end-use industry and geography as below:
This section deals with major players in the market, their market shares, products, growth strategies, financials, and recent investments among others. Key industry players in the APAC Conductive Silicone Market are DOW Corning Corporation, Shin-Etsu Chemical, Evonik Industries, KCC Corporation and ACC Silicones Ltd. among others.