Title: Liquid Silicone Rubber Market - Forecast (2022 - 2027)
1Liquid Silicone Rubber MarketMarket 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.
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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. - 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.
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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.
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- Liquid Silicone Rubber Market Outlook
- The 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. and Laur Silicone.
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Liquid Silicone Rubber Market Forecast (2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/18567/liquid-s
ilicone-rubber-market.html
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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