Silicone in Electrical and Electronics Market size is forecast to reach $2.72 billion by 2025, after growing at a CAGR of 7.24% during 2020-2025. Silicone in Electrical and Electronics provides high thermal stability, and resistance to weathering, ozone, moisture and UV radiation due to which there is a growing demand from the electronics sector. Silicone is heat-resistant and rubber-like material, which is used in applications for thermal & electric insulation. Besides, due to the advantages of silicone such as low toxicity, electrical properties, and high purity, it is used in silicone rubber application of sealing, gasketing, and affixing parts in the electronics industry. Owing to these properties the growth of the Silicone in Electrical and Electronics industry is expected to rise in the forecast era.
The: “Silicone in Electrical and Electronics Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Silicone in Electrical and Electronics Industry.
By Form: Fluids, Gels, Elastomers, and Resins
By Product Type: Sealants and Adhesives, Ceramics, Silicone Coatings, Conformal Coatings, Encapsulants, Potting Silicones, Hardcoats, Optical Bonding Adhesives, Quartz and Thermal Management
By End Use: Automotive Industry, Electronics Industry, Telecommunications, and Others
By Geography: North America, Asia Pacific, Europe, Middle East & Africa, and South America
- APAC dominates the Silicone in Electrical and Electronics Market due to increasing demand for silicone in the consumer electronics, owing to the sealing characteristics of silicone adhered to glass & anodized aluminum and electromagnetic shielding property.
- The rise in use of silicon rubber owing to its better heat resistance, chemical stability, electrical insulation, abrasion resistance, weather ability as well as ozone resistance in industries such as aerospace, automotive, electronics, construction, medical and food processing, is estimated to drive the market in the forecast period.
- Increasing the use of Silicone in Electrical and Electronics to lightweight materials and to reduce automobile weight, which results in decreasing the overall fuel consumption, will tend to boost the demand of Silicone in Electrical and Electronics Market in the forecast period.
- According to the Food and Drug Administration liquid Silicone leads to health consequences which will create hurdles for the Silicone in Electrical and Electronics Market in the forecast period.
- Due to COVID-19 palindrome, technology vendors are likely to pause on launching new products, including 5G devices. Vendors will take time to change their strategy for product releases in China, and this is likely to reduce the number of 5G smartphones delivered by 2020-2021.
By Form - Segment Analysis
Elastomer is extensively used in Silicone in Electrical and Electronics Market. As compared to organic rubber, silicone rubber has better heat resistance, chemical stability, electrical insulation, abrasion resistance, weather ability as well as ozone resistance. Unlike other organic rubbers, ozone does not affect silicone rubber too. Silicone rubbers or elastomers are a variety of heat-stable elastic silicone materials used for electrical insulation such as sheet, panel, wire and cable covers, extruded sleeves, and moldings. Parts made from silicone rubber which is exposed to long periods of wind, rain, and UV rays result in virtually no change in physical properties. With these specific features, silicone rubber is commonly used in aerospace, automotive, construction, medical and food processing industries. Overall silicone rubber or elastomer is used in various applications such as adhesives & sealants, potting, and encapsulating compounds as well as in coatings, lubricants, etc. hence, is anticipated to enhance the market in the forecast era.
By Product Type - Segment Analysis
Adhesives and Sealant are widely used in Silicone in Electrical and Electronics Market. Based on elastomeric technology, silicone adhesives give unequaled durability and extremely high heat resistance, making them ideal for a wide range of applications in the electrical, electronic, automotive, and aerospace sectors. Owing to the sealing properties of silicone adhered to glass & anodized aluminum and electromagnetic shielding property the market for silicone in consumer electronics has increased. Additionally, the silicone used in electronics as sealants is an outstanding commodity for general weatherproofing applications. Silicone adhesives possess excellent electrical properties and can be designed to be either strongly dielectric or conversely electrically conductive insulating. Many silicone adhesives in one component release a corrosive substance, such as acetic acid, but different formulations are fully non-corrosive and can be used for electronics. Adhesives and sealants are also used for the electronic circuit boards as a conformal coating and in both appliances and electronics for sealing of cables and sensors. Owing to which the demand for Silicone in Electrical and Electronics Market is estimated to increase in the forecast period.
By End Use -Segment Analysis
Automotive Industry held the largest share in the Silicone in Electrical and Electronics Market in 2019and is projected to grow at a CAGR of 7.65% during the forecast period 2020-2025. Silicone materials are used in various ways to improve safety and reliability and to make smaller, lighter, and more environmentally friendly vehicles. New vehicles are no exception as automakers are gradually turning to electronics to put modern technical developments into the driving experience. Since, silicone has excellent dielectric strength, flexibility, thermal properties, UV resistance, and durability; it is used for electronics designing to withstand environmental aggressions such as heat, moisture, dirt, chemical agents, and mechanical stress. Silicone offers strong, powerful solutions. It can be designed for electric or non-conductive conduction. Its dielectric properties effectively insulate electronics, shielding them both from environmental factors such as heat, dirt, and condensation, and mechanical factors such as vibration. Also, exposure to very high temperatures and the risk of catching fire is another danger to electronics, especially those located near the engine. Fortunately, silicone provides excellent thermal properties, and it efficiently radiates heat away from fragile electronics when used in the potting technique.
Geography- Segment Analysis
Asia Pacific holds the largest share with 35.26% in the Silicone in Electrical and Electronics Market due to the increasing use of electronics and its devices in countries such as South Korea, China, and India. China has the largest world market share for its electronics exports in 2019. China’s electronics industry has played a major role in driving the growth of national GDP. It is the world’s most extensive electronics manufacturing ecosystem and supply chain, with more than five times the electronics suppliers based in Japan and a labor force of manufacturing workers close to 150 million. According to the India Brand Equity Foundation, The Electronics and Computer Software Promotion Council (ESC) was formed to provide a platform for India’s IT & electronics industry. With exports to more than 200 countries, ESC has successfully steered the direction of India’s electronics and software exports.
Drivers –Silicone in Electrical and Electronics Market
- Use of Silicone in Smartphones
A wide range of elements and compounds are used in the electronics of a phone. The chip, and the phone's processor, is made of pure silicone, which is subjected to oxygen and heat to create a silicon dioxide film. For thermal management of performance components such as Power Management ICs, RAM, and Image Processors, momentive offers curable thermal gap fillers that can provide a combination of good thermal conductivity, physical stability under vibration and temperature cycles, and stress relief. Also, the transistor is constantly getting smaller and smaller, and as they do so, there is also a requirement for the insulating layer between them and the silicon to become thinner. Increasing the use of smartphones is likely to aid the market. According to the Indian Cellular Association (ICA), the annual production of mobile phones has increased from 3 million devices in 2014 to 11 million devices in 2017within the country. India now accounts for 11 percent of mobile production worldwide, which in 2014 was just 3 percent. India accounts for 30 million smartphone purchases every quarter with the percentage increasing several times a year. Mobile subscriptions in India are projected to increase to 1.4 billion by 2021 according to IDC and the Ericsson Mobility Survey. Also, according to India Brand Equity Foundation, the mobile phone manufacturing industry is expected to reach a size of USD 217 billion by 2020.
- Increasing use of silicone in the electronics industry
Silicone compound is used for sealing, bonding, coating, and encapsulation of components in thousands of electronic systems, allowing them to work efficiently under demanding conditions. Electrically conductive silicone adhesives can be used for component attachment in place of solder. For bonding microprocessors, LED (light-emitting diode) arrays and other heat-generating components to heat sinks, ensuring an effective heat transfer path. Since the properties of silicones remain stable when exposed to high temperatures, they are able to withstand the heat characteristic of many operating environments. Also, Silicone-based conformal coatings electrically isolate all conductors on a printed circuit board (PCB) while shielding the electronics from heat, high temperatures, corrosives and vibration. Thermally conductive silicone compounds are used to enclose devices such as power supplies, rectifiers, transformers, and sensors to transfer heat away from these components while shielding them against dust, humidity, high temperatures, and vibration. Silicones played an integral role in developments in information technology, telecommunications, micro- and macro-electronics, and delivery of electrical power. From highly sensitive circuits, and microprocessors to semiconductors, silicones lock, bond and encapsulate and even helps to protect the electronic components from extreme heat, moisture, salt, rust, pollution, and movement in machines, appliances, cars, and aircraft. Because of silicone protective properties, many technological and electronic innovations in electronic devices, components, assemblies, and systems are possible and the market is estimated to rise in the forecast period.
Challenges –Silicone in Electrical and Electronics Market
- Health Effects of Silicone
Elemental silicon is an inert substance that tends to lack the ability to induce lung tissue fibrosis. Crystalline silicone irritates the skin and eyes on contact. Inhalation of Silicone can cause lung and mucous membranes to become irritated and irritation causes swelling and redness of the eyes. Reddening, swelling, and scratching are skin inflammatory symptoms. Nevertheless, minor pulmonary lesions from intratracheal injections of silicon dust have been documented in laboratory animals. Silicon dust has a limited adverse impact on the lungs and does not appear to cause serious organic disease or toxic effects when concentrations are held below the limit. Lung cancer is also associated with occupational exposures to crystalline silica specifically quartz and cristobalite. Lung cancer is related specifically to quartz and cristobalite through occupational exposures to crystalline silica. Studies of miners, diatomaceous earth workers, granite workers, pottery workers, refractory brick workers, and other workers have reported an exposure-response relationship. Also, several epidemiological studies of workers exposed to silica have identified statistically significant numbers of excess deaths or cases of immunological disorders and autoimmune diseases. Scleroderma, rheumatoid arthritis, systemic lupus erythematosus, and sarcoidosis are among these diseases and disorders.
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Silicone in Electrical and Electronics Market. In 2019, the market of Silicone in Electrical and Electronics has been consolidated by the top five players accounting for xx% of the share. Major players in the Silicone in Electrical and Electronics Market are Evonik Industry Ag, Hutchinson, Icm Products, Inc., Kaneka Corporation, Kemira Oyj, Quantum Silicone, Silchem Inc, Specialty Silicone Product Incorporated, Wacker Chemie Gmbh, Shin-Etsu among others.
- In January 2020, Evonik Industry Ag officially opened its new multi-purpose silicones manufacturing facility in Geesthacht, Germany. It is opened to strengthen the focus on silicone and to provide customers with a faster, more reliable supply of the products they need.
- In September 2018, Shin-Etsu expanded its silicones business, in Japan, to expand its production capacity of silicone monomer, the intermediate product of silicones, and various types of silicone fluids, resins and rubber end products at the company's main bases in Japan and globally.