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

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.

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 Show more