Title: Liquid Silicone Rubber Market Size Forecast to Reach $3.7 Billion by 2026
1Liquid Silicone Rubber Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Liquid Silicone Rubber market size is forecast to
reach US3.7 billion by 2026, after growing at a
CAGR of 8.1 during 2021-2026. 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. Therefore, it has
a broad spectrum of applications in various
industries.
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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
US400 billion by 2025. - 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.
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By Distribution Channel- Segment Analysis 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.
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- Liquid Silicone Rubber Market 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 Inc
- Simtec Silicone Parts
- Stockwell Elastomerics Inc
- Laur Silicone
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Liquid Silicone Rubber Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/185
67/liquid-silicone-rubber-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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