South America Conductive Silicone Market Size, Share, Opportunities, And Trends By Type (Silicone Elastomers, Silicone Gels, Silicone Resins, Others), By Application (Thermal Interface Materials, Adhesives And Sealants, Encapsulants And Potting Compounds, Conformal Coatings, Others), By End-Use Industry (Communication And Technology, Automotive, Energy And Power, Construction, Media And Entertainment, Others), And By Geography - Forecasts From 2019 To 2024

South America Conductive Silicone market is projected to grow at a CAGR of 7.81% over the forecast period to reach US$0.213 billion in 2021, from US$0.135 billion in 2015. The factor driving the market growth is increasing demand from mining, and oil and gas sector. Other factors complementing the market growth are favorable regulatory policies and trade agreements. However, high raw material prices and increasing awareness of bio-based chemicals as a substitute are the major factors restraining the market growth over the forecasted period. 

Research Methodology

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.

Market Dynamics

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.

Segmentation

The Conductive Silicone market has been segmented based on type, application, end-use industry and geography as below:

By Type 

Silicone Elastomers

Silicone Gels

Silicone Resins

Others

By Application 

Thermal Interface Materials (TIM)

Adhesives and Sealants

Encapsulants and Potting Compounds

Conformal Coatings

Others

By End User  Industry

Communication and Technology

Automotive

Energy and Power

Construction

Media and Entertainment

Others

By Geography

Brazil

Argentina

Others

Market Players

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 Conductive Silicone market are DOW Corning Corporation, Wacker Chemie AG, Shin-Etsu Chemical, Evonik Industries and Momentive Performance Materials among others.