Conductive Silicone Rubber Market Size Worth USD 19.61 Billion by 2034 | CAGR: 8.3%

The conductive silicone rubber market size is expected to reach USD 19.61 Billion by 2034, according to a new study by Polaris Market Research. The report “Conductive Silicone Rubber Market Size, Share, Trends, & Industry Analysis By Product (Thermally Conductive, Electrically Conductive and Others), By Application, and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global market for conductive silicone rubber is growing due to rising demand from electronics, automotive, and medical sectors. Manufacturers are increasing production to meet growing needs for materials that combine electrical conductivity with durability and thermal resistance.

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Industries are focusing on material innovation to support miniaturization, improve safety, and ensure product reliability under extreme conditions. Conductive silicone rubber is becoming a preferred solution for manufacturers looking to enhance signal protection and component longevity.

Conductive Silicone Rubber Market Report Highlights

• Based on product, the electrically conductive segment dominated the market in 2024, due to its broad application in EMI shielding, sealing, and grounding across the electronics, automotive, and aerospace industries.
• In terms of application, the electrical & electronics segment dominated the market in 2024. This is attributed to rising adoption of conductive silicone rubber in components such as connectors, gaskets, housings, and keypad assemblies.
• Asia Pacific accounted for the majority share in the global Conductive Silicone Rubber market in 2024, driven by accelerating industrialization and growing electronics production in countries such as China, South Korea, and Japan.
• North America held fastest growing market share, driven by robust demand from aerospace, defense, and automotive industries.
• A few global key market players include China National Bluestar (Group) Co., Ltd., Dow Inc., Elkem ASA, Jan Huei K.H. Industry Co., Ltd., KCC CORPORATION, MESGO S.p.A., Momentive Performance Materials Inc., Reiss Manufacturing, Inc., Saint-Gobain, Shin-Etsu Chemical Co., Ltd., Simolex Rubber Corporation, Specialty Silicone Products, Inc., Wacker Chemie AG, Western Polyrub India Pvt. Ltd., and Western Rubbers.

Polaris Market Research has segmented the market report on the basis of product, application, and region:

By Product Outlook (Revenue, USD Billion, 2020–2034)

• Thermally Conductive
• Electrically Conductive
• Others

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Automotive & Transportation
  • Engine System
  • Wiring Harness
  • Others
• Electrical & Electronics
  • Wires & Cables
  • Lamps & Lighting
  • Others
• Industrial Machines
  • Packaging
  • Stamping & Casting
  • Oil & Gas
  • Others
• Others
  • Construction
  • Food & Beverage
• Others

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America