Silicone in Electrical and Electronic Market Report 2026

The silicone in electrical and electronic market size has grown strongly in recent years. It will grow from $2.35 billion in 2025 to $2.5 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to traditional use in electrical insulation, early deployment in automotive electronics, reliance on basic silicone sealants, expansion of consumer electronics manufacturing, increased use in industrial thermal management.

The silicone in electrical and electronic market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2030 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to growing demand for high-voltage insulation materials, rising adoption in electric vehicles, expansion of renewable energy electronics, development of advanced silicone encapsulants, increased need for high-temperature-resistant materials. Major trends in the forecast period include advancement of high-performance thermal management silicones, development of electric vehicle-ready silicone insulation, integration of smart connectivity-driven silicone components, expansion of sustainable silicone manufacturing processes, adoption of digitally optimized silicone coating technologies.

The surge in smartphone usage is poised to drive the growth of silicone in the electrical and electronic markets. Smartphones, portable electronic devices connecting to cellular networks, utilize silicone electrical sealants in fingerprint sensor assemblies. These sealants contribute to achieving an IP waterproof rating and safeguard components from heat, shock, and contaminants. With capabilities such as primer-less adhesion to micro-USB type C components, they establish a barrier to prevent moisture intrusion. As an illustrative example, Uswitch Limited, a UK-based comparison and switching service, predicts 71.8 million active mobile connections in 2022, with 95% of the UK's 68.3 million individuals carrying smartphones by 2025. This surge in smartphone usage is a significant driver for silicone in the electrical and electronic market.

Major companies operating in the silicone in electrical and electronic market are prioritizing the development of innovative solutions, such as high-performance silicone gel encapsulants for high-voltage power electronics, to address the increasing demand driven by electric vehicles, renewable-energy infrastructure, and compact, high-reliability electronic systems. A high-performance silicone gel encapsulant is a material that delivers superior dielectric insulation, thermal and mechanical stress relief, vibration absorption, and self-healing capabilities, offering significantly enhanced performance compared to traditional silicones or epoxy encapsulants, which tend to degrade more quickly under high-temperature, high-voltage, or vibration-intensive conditions. For example, in September 2025, Dow Inc., a US-based materials science company, introduced DOWSILE G-4175 Silicone Gel, an advanced two-part silicone gel capable of withstanding operating temperatures up to 180 °C, featuring self-priming adhesion, vibration damping, crack self-healing, and improved dielectric strength for next-generation IGBT modules used in EV battery inverters, PV systems, and wind-energy systems. The gel supports emerging 800 V EV architectures, enables higher-density module design, and reduces the risk of power loss compared to older encapsulation materials.

In May 2024, KCC Corporation, a South Korea-based technology company, acquired Momentive Performance Materials for an undisclosed amount. This acquisition is intended to enhance KCC's position in the global specialty chemicals market. Momentive Performance Materials is a U.S.-based manufacturer specializing in the development and production of silicone and advanced materials.

Major companies operating in the silicone in electrical and electronic market are Silchem Inc., ICM Products Inc., Specialty Silicone Products Inc. (SSP), Wacker Chemie AG, Evonik Industries AG, Dow Inc., Kaneka Corporation, Hutchinson SA, Shin-Etsu Chemical Co. Ltd., H.B. Fuller Company, ACC Silicones Ltd., Elkem Silicones, LORD Corporation, Rogers Corporation, Momentive Performance Materials Inc., Henkel AG & Co. KGaA, Reiss Manufacturing Inc., Saint-Gobain Performance Plastics, 3M Company, Nusil Technology LLC, Siltech Corporation, Krayden Inc., Master Bond Inc., Permabond LLC, Silicones Plus Inc., Trelleborg Group, Zeus Industrial Products Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have affected the silicone in electrical and electronic market by increasing the cost of imported silicon metal, additives, fillers, and specialty chemicals essential for producing sealants, coatings, encapsulants, and thermal management products. Electronics, automotive, and telecommunications sectors in Asia-Pacific, North America, and Europe have experienced higher production costs and sourcing delays. However, tariffs are also incentivizing regional raw material processing, encouraging domestic silicone formulation capabilities, and promoting innovation in cost-efficient, high-performance silicone solutions to strengthen long-term supply chain resilience.

The silicone in electrical and electronics market research report is one of a series of new reports that provides silicone in electrical and electronics market statistics, including silicone in electrical and electronics industry global market size, regional shares, competitors with a silicone in electrical and electronics market share, detailed silicone in electrical and electronics market segments, market trends and opportunities, and any further data you may need to thrive in the silicone in electrical and electronics industry. This silicone in electrical and electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Silicone, within the realm of electrical and electronic applications, denotes a category of synthetic materials derived from metallurgical silicon, offering notable attributes such as high thermal stability and resistance to weathering, ozone, moisture, and UV radiation. This heat-resistant and rubber-such as substance finds extensive use in applications requiring thermal and electric insulation.

Prominent product categories in the domain of silicone in electrical and electronics encompass sealants and adhesives, ceramics, silicone coatings, conformal coatings, encapsulants, potting silicones, hardcoats, optical bonding adhesives, and quartz thermal management. Sealants and adhesives, characterized as polymer-sealing substances, play a crucial role in creating durable coverings on porous surfaces. Available in various forms such as fluids, gels, elastomers, and resins, these materials are utilized across diverse industries, including automotive, electronics, telecommunications, and others.Asia-Pacific was the largest region in the silicone in electrical and electronic market in 2025. The regions covered in the silicone in electrical and electronic market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the silicone in electrical and electronic market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Silicone in the electrical and electronics market consists of sales of connectors, fluorosilicone, transistors, capacitors, coils, and printed circuit boards. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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