Liquid Silicone Rubber Market Forecast(2022 - 2027)
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• Liquid Silicone Rubber market size is forecast to reach US$3.7 billion by 2026, after growing at a CAGR of 8.1% during 20212026. • Liquid Silicone Rubber is a thermoset elastomer that has both, organic and inorganic characteristics. • Injection Molding process is used to produce durable and pliable parts of Liquid Silicone Rubber in high volumes. Liquid Silicone Rubber being a thermosetting polymer has excellent properties- stability under extreme temperatures, flame retardancy, radiation resistance, chemical resistance, high insulation resistance, durability, high dielectric strength and good mechanical properties. These unique characteristics make Liquid Silicone Rubber highly valuable and versatile Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways Asia-Pacific dominates the Liquid Silicone Rubber market, owing to the electrical & electronics manufacturing industry in the region using Liquid Silicone Rubber. According to Invest India, the domestic electronics market in India to attain US$400 billion by 2025. The adoption of liquid silicone rubber as a cost-effective alternative to traditional rubbers is seen as a breakthrough for market growth. Increasing investment of medical technology companies is expected to boost the growth of medical industry. One of the biggest end-users of the Liquid Silicone Rubber Market are medical devices. Thus, in this industry there is a high demand for Liquid Silicone Rubber. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis Medical grade Liquid Silicone Rubber accounted for the largest share in the Liquid Silicone Rubber Market in 2020 and is growing at a CAGR of 9.2% during 2021-2026. Medical, healthcare and life science companies have stringent requirements – parts must adhere to increasingly tight tolerances and meet hygiene and safety regulations. Liquid Silicone Rubber being chemically inert, resistant over a wide range of substances, and bio-compatible, makes it an ideal choice for an extensive range of medical and healthcare devices. To produce certain medical and healthcare products, hygiene is critical and production should be done in a hygienic, environmentally controlled environment. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Liquid Silicone Rubber Market Industry Outlook • Dow Chemical Company • Wacker Chemie • Shin-Etsu Chemical • Nusil Technology LLC • KCC Corporation • Zhejiang Xinan Chemical Industrial Group Co. • Simtec Silicone Parts, Momentive Performance Materials Simtec Silicone Parts • Stockwell Elastomerics Inc. • Laur Silicone Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Liquid Silicone Rubber Market – Forecast (2022 - 2027) Learn More About the Report
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Contact: (+1) 970-2363677 Email: sales@industryarc.com
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