Conductive Silicone Rubber Market Is Projected With A Value Of USD 14.45 Billion By 2032, Driven By Growing Demand In Automotive & Electronics Industries Research By SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) The rise in demand for Conductive Silicone Rubber-based electronics and automotive parts continues to accelerate due to advancements in material science and increasing use in EMI shielding and thermal management systems.

Austin, Aug. 11, 2025 (GLOBE NEWSWIRE) -- The Conductive Silicone Rubber Market Size was valued at USD 7.30 billion in 2024 and is expected to reach USD 14.45 billion by 2032, growing at a CAGR of 7.88% over the forecast period of 2025-2032.

Rising Demand for High-Performance Thermal and Electrical Solutions Fuels Adoption of Conductive Silicone Rubber Across Key Global Industries

The conductive silicone rubber market is witnessing strong momentum due to increasing demand for materials offering efficient thermal and electrical conductivity in high-performance applications. Innovations in EV systems, as highlighted by the U.S. DOE and Dow Inc., are accelerating adoption in battery protection and power modules. Additionally, the growth of 5G infrastructure and compact electronics is driving usage in EMI shielding and thermal management. Backed by OEM integration and supportive EPA regulations promoting low-VOC materials, the market is poised for sustained growth across automotive, electronics, and industrial segments.

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The U.S. dominates the North American conductive silicone rubber market with a market size of USD 1.16 billion in 2024 and is projected to reach a value of USD 2.09 billion by 2032 with a market share of about 67%.

The U.S. Conductive Silicone Rubber Market growth is driven by increasing demand in sectors like electric vehicles (Tesla, Ford EVs), wearable tech, and 5G-enabled devices. U.S.-based companies like Momentive and Dow are innovating in thermally conductive grades to meet strict performance and environmental standards.

Key Players:

• Dow
• Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• Momentive Performance Materials
• KCC Corporation
• Elkem AS
• China National Bluestar (Group) Co., Ltd.
• Nusil Technology LLC
• Reiss Manufacturing, Inc.
• Specialty Silicone Products, Inc.

Conductive Silicone Rubber Market Report Scope:

Report Attributes	Details
Market Size in 202 4	USD 7.30 Billion
Market Size by 2032	USD 14.45 Billion
CAGR	CAGR of 7.88% From 2025 to 2032
Base Year	2024
Forecast Period	2025-2032
Historical Data	2021-2023
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments	.By Product (Thermally Conductive, Electrically Conductive, and Others), .By Application (Automotive & Transportation, Electrical & Electronics, Industrial Machines, Construction, Food & Beverage, and Others)

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By Product Type, the Thermally Conductive dominated the Conductive Silicone Rubber Market in 2024, with a 47.80% Market Share.

The dominance is due to the increasing need for high-performance thermal interface materials in EVs, 5G telecom hardware, and LED lighting. Thermally conductive silicone rubber offers superior heat dissipation, aging resistance, and moisture stability making it ideal for harsh environments. In 2023, companies like Shin-Etsu launched advanced sheets for EV battery modules and ICs. The growing heat density in compact electronics continues to drive demand for these materials in automotive, telecom, and aerospace applications.

By Application , the Automotive and Transportation Segment dominated the Conductive Silicone Rubber Market in 2024, with a 37.20% Market Share.

The dominance is due to the rising adoption of electric vehicles and advanced driver-assistance systems, which rely heavily on thermal management and EMI shielding. Conductive silicone rubber is increasingly used in battery packs, control units, and infotainment systems. Tesla and other automakers are collaborating with suppliers to enhance vehicle performance and safety. Its high durability, temperature resistance, and lightweight properties make it a preferred material in automotive applications ranging from lighting systems to electronic components.

By Region, Asia Pacific dominated the Conductive Silicone Rubber Market in 2024, Holding A 40.50% Market Share.

The dominance is due to the strong presence of automotive and electronics manufacturing hubs in China, Japan, and South Korea. Major players like Samsung and Sony use conductive silicone rubber in EMI shielding and thermal applications. The region benefits from low-cost raw materials, skilled labor, and large-scale EV and semiconductor investments. Government initiatives, such as China's MIIT programs supporting 5G and AI infrastructure, are also accelerating the integration of advanced silicone materials across multiple industries.

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USPs of the Conductive Silicone Rubber Market

• PRODUCTION VOLUME AND CAPACITY UTILIZATION – Indicates the operational efficiency and manufacturing scalability of conductive silicone rubber across leading global producers.
• RAW MATERIAL PRICING AND FLUCTUATION TRENDS – Tracks the volatility in prices of silicone base and conductive fillers that directly impact product cost and profitability.
• CONDUCTIVITY PERFORMANCE BENCHMARKING ANALYSIS – Compares the electrical and thermal conductivity of various grades to determine suitability for application-specific requirements.
• MATERIAL INNOVATION AND R&D INVESTMENTS – Highlights advancements in composite formulations and the capital invested by key players to enhance product performance.
• PATENT FILING AND INTELLECTUAL PROPERTY ANALYSIS – Reflects the innovation pipeline and technological leadership through global patent activity in conductive silicone rubber applications.
• IMPORT AND EXPORT TRADE STATISTICS – Offers insights into international demand-supply dynamics and trade dependencies across major producing and consuming countries.
• ENVIRONMENTAL COMPLIANCE AND CERTIFICATION TRENDS – Assesses how manufacturers align with global environmental standards like RoHS and REACH to ensure safe and sustainable use.

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