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GLOBAL SILICONE GEL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Silicone Gel Market, By End User (Automotive, Aerospace, Medical, Personal Care, Construction, Cookware, Electronics, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Mar 2024
  • Code : CMI6795
  • Pages :165
  • Formats :
      Excel and PDF
  • Industry : Bulk Chemicals

Market Concentration and Competitive Landscape

Global Silicone Gel Market Concentration By Players

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Rising Usage in the Electronics Sector

Another key factor augmenting the demand for silicone gel is its increasing adoption in the electronics industry. Silicone gel plays an indispensable role in electronic components due to its thermostability, high dielectric strength and water resistance. It prevents shorts and corrosion which ensures the reliability and longevity of delicate electronic circuitry. A lot of progress is being made in the development of advanced gel formulations to enhance the thermal endurance and electric insulation of next-gen electronics. For instance, silicone gels fortified with ceramic additives are gaining acceptance in applications like potting and encasing of circuit boards. They help disperse heat efficiently and provide protection from mechanical stresses, moisture ingress, and EMI/RFI interference. Growing miniaturization and functionality of devices is also driving the usage of silicone gels for shock absorption in tiny components. They are able to fill intricately designed spaces and cavities precisely. The advent of 5G technology and proliferation of IoT devices will further bolster the consumption of high-performance silicone gels in the electronics market going forward.

Key Players Insights
  • DOW Corning Corporation
  • Shin-Etsu Chemical Co., Ltd.
  • Wacker Chemie AG
  • Momentive Performance Materials Inc.
  • Bluestar Silicones
  • ACC Silicones Ltd.
  • Gelest Inc.
  • KCC Corporation
  • Nusil Technology LLC.
  • Henkel AG & Co
  • Ashirwad Chemicals
  • Akshar international
  • Royal Packaging industries
  • Swambe Chemicals
  • Otto Chemie Pvt Ltd
  • Sorbead India
  • Aquablue mfg
  • Elkkem

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