Conductive Silicone Market is projected to be worth USD 4.46 Billion by 2021, registering a CAGR of 7.2% between 2016 and 2021. In this study, 2014 has been considered as the historical year and 2015 as the base year for estimating the market size of conductive silicone. The, growing per capita silicone demand in Asia-Pacific, Latin America, and Middle-East & Africa region coupled with growing advances in the electronics sector drives the conductive silicone market during the forecasted period.

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Major manufacturers such as Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Company Ltd (Japan), Evonik Industries AG (Germany), Bluestar Silicones (France), and KCC Silicones (South Korea), among others are profiled in this report. These companies have adopted both organic and inorganic growth strategies such as expansion, merger & acquisition, and new product launch.

New product development is the key strategy adopted by industry players to boost their growth in the conductive silicones market. This strategy accounted for a share of 50.0%, between 2011 and 2016, of all the growth strategies adopted by the market players. The market for conductive silicones is fragmented with the presence of different end-use industries using silicone-based products for electronic systems/units. Rising demand for conductive silicones across various industries and new product developments by market players to expand their product portfolio is paving the way to fulfilling the ever changing demand from consumers. Besides new product developments, companies are investing on expanding their silicone manufacturing facilities in emerging regions across globe. This strategy accounts for a share of 44.0% of all the development witness between 2011 and 2016. Companies are also focusing on acquisition activity since the last three years. This strategy accounted for 6.0% of all the strategic development undertaken in the market from 2011 to 2016.

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Asia-Pacific was the most active region from 2011 to 2016, in terms of strategic initiatives. Expansion is one of the preferred strategies in this region. Companies such as Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemicals Co ltd., (Japan), and Evonik Industries AG (Germany) made several expansions in the region to expand their production capacity for silicones and serve their customers effectively.

Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), and Momentive Performance Materials Inc. (U.S.) are the most active players in the global conductive silicones market. These companies accounted for the highest strategy adoptions amongst other players in the global conductive silicones market from 2011 to 2016.

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