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.
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- By Distribution Channel- Segment Analysis
- The medical industry segment held the largest
share in the liquid silicone market in 2020 and
is growing at a CAGR of 9.2 during 2021-2026.
Liquid Silicone Rubber is a perfect fit for
medical applications because of its excellent
biocompatibility, biodurability and
non-allergenic. The hygienic quality of Liquid
Silicone Rubber helps it to resist the growth of
microbes. It is flexible and soft which ensure
the comfort of the patient. Its main applications
are catheters, tubes, gloves, dialysis filters,
syringe stoppers, membranes, respiratory care
(masks) handles of medical instruments, medical
cables, medical textile coating and others.
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- Liquid Silicone Rubber Market Industry Outlook
- The Dow Chemical Company
- Wacker Chemie
- Shin-Etsu Chemical
- Nusil Technology LLC
- Simtec Silicone Parts
- Laur Silicone
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Liquid Silicone Rubber Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/18567/liquid-si
licone-rubber-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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