Conductive Silicone Rubber Industry: Industry Analysis, Trend, Growth, Opportunity, Forecast 2020-2027.
Market Forecast
The Conductive Silicone Rubber Market is expected to register a CAGR of around 7% during the forecast period and cross USD 8 billion.
Conductive silicone rubber exhibits high flexibility, elasticity, and excellent mechanical properties along with electrical and thermal conductivity. Moreover, it is resistant to cold, heat, and other unfavorable weather conditions. It is widely used to reduce or eliminate the EMI/RFI, associated with various electrical electronics devices.
Regulatory Framework
The manufacturing of silicone rubber has certain regulations such as the Restriction of Use of Hazardous Substances (RoHS), the Dodd-Frank Act, and the US government’s International Traffic in Arms Regulations (ITAR). Additionally, the processing of rubber produces soot, which is harmful to the environment. According to the Clean Air Act, the US Environmental Protection Agency (EPA) is required to routinely adjust their allowable limits for soot emissions. The current limit for soot emission is 15 μg/m3, but EPA proposes to change it to between 12 and 13 by 2020.
Segmentation
By Product
By End-Use
By Region
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Shubham Gurav
135 posts
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