January 7, 2021

SILICONE ELECTROMAGNETIC SHIELDING MATERIALS MARKET ANALYSIS (2018 – 2026)

Electromagnetic shielding is typically applied to enclosures to isolate electrical devices from their surroundings space by blocking the field with barriers made of conductive or magnetic materials. Electromagnetic interference (EMI) can disrupt electronic devices, equipment, and systems that are used in critical applications like healthcare, military, aerospace etc. Silicone based electromagnetic shielding are gaining major traction due to elastomeric nature which provide ease of fabrication in gasket form, resistant to sunlight & water and wide range of operating temperature.

Market Dynamics:-

Major drivers to silicone electromagnetic shielding market is acceleration in the deployment of 4G/LTE infrastructure and growth in the sale of consumer electronics like mobile, tablets etc. As per India Brand Equity Foundation report 2018, current India’s mobile subscriber stand at 560 million in 2018 and expected to reach 1.42 billion by 2024 in which 1 billion would be smartphone users and about 80% among them is expected to use 4G/LTE network.

Growing applications of electronics component in automobile is also the major growth factor of the silicone electromagnetic shielding material market. Electric Vehicles are also gaining major traction over petrol & diesel operated due to raising concern for global warming and climate change. Silicone electromagnetic shielding of electronic components of vehicle become necessary to prevent them from damage and malfunctioning due to external radiation interference. As per International Energy Agency 2018 report, the global electric vehicle sale stood at 1.1 million in 2017 and expected to reach 220 million by 2030.

Major restraint to silicone electromagnetic shielding material market is the high cost associated with it.

Market Outlook:-

The EMI shielding market in Asia-Pacific is expected to grow at the highest rate between 2018 to 2026 owing to the factors such as the escalating demand for consumer electronic products such as smartphones, tablets, and home appliances and development of advanced cellular infrastructure. As per GSM Association Intelligence 2018, smartphone subscribers in Asia Pacific region stood at 1.4 billion in 2017 which is expected to reach 3.9 billion by 2025.

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Key players in the Global Silicone Electromagnetic Shielding Materials Market:-

Major global players manufacturing the silicone electromagnetic shielding materials are Specialty Silicone Products Inc., Parker Chomerics, Laird Plc, PPG Industries, Henkel AG & Co., Tech-Etch Inc., Leader Tech Inc., 3M Company, Kitagawa Industries Co. Ltd., Schaffner Holding AG, ETS Lindgren, Marktek Inc., SAS Industries Inc. and HEICO Corporation.

In March 2018, Specialty Silicone Products Inc.’s medical grade platinum-cured silicones based electromagnetic shielding gasket got approved from FDA for use in medical products.

Market Taxonomy:-

On the basis of Product type, the global silicone electromagnetic shielding materials market is segmented into:

  • Tapes & laminates
  • Metal shielding
  • Conductive coating and paints
  • EMI/EMC filters
  • Conductive polymers

On the basis of application, the global silicone electromagnetic shielding market is segmented into:

  • Healthcare
  • Telecom & IT
  • Automotive
  • Defense and Aerospace
  • Other consumer electronics

On the basis of method, the global silicone electromagnetic shielding market is segmented into:

  • Radiation
  • Conduction

On the basis of region, the global silicone electromagnetic shielding market is segmented into:

  • Asia
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of others
  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Luxemburg
    • Rest of the Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa

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Source: https://www.coherentmarketinsights.com/ongoing-insight/silicone-electromagnetic-shielding-materials-market-2314