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.
DOW Corning Corporation
Wacker Chemie AG
Shin-Etsu Chemical
Evonik Industries
Momentive Performance Materials
Not an exhaustive list*
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