Liquid Silicone Rubber Market Outlook,Overview,Size, Share, Analysis and Projection, Application, and Region-Forecast to 2026

Increased demand for medical implants, expansion in the automotive industry, and rise in the geriatric population have resulted in boosting Liquid silicone rubber market. 

Market Size – USD 2.13 Billion in 2018, Market Growth - CAGR of 7.3%, Market Trends –Expansion in the automotive industry

The Global Liquid Silicone Rubber Market is forecast to reach USD 3.83 Billion by 2026, according to a new report by Reports and Data. Liquid silicone rubber [LSR] have certain unique traits associated with it. Some of the mentionable features associated with LSR are durability, resistance to high temperature, high dielectric strength, and tensile strength. The presence of these traits in LSR results in its increased application in various industries ranging from the healthcare sector to the electronics industry. Among the different sectors, it is applicable, in the automotive industry, where it finds significant application. A combination of these traits of LSR like lightweight and durability has resulted in its increased use in the automotive industry. 

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Key players:

• 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.,
• Laur Silicone.

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Liquid Silicone Rubber Market segmentation by Types:

• Injection molding
• Peroxide cure system
• Platinum-based cure system
• Condensation cure system

Liquid Silicone Rubber Market segmentation by Application:

• Medical implants
• Medical devices
• Sealing, coatings, and gaskets
• Windshield wipers sensors
• Dampers
• Electrical Insulation
• LED Light Components and panel buttons
• Water Contact Products
• Home Appliance Components
• Infant Care Products
• Others

Regional Analysis Covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Features of the Liquid Silicone Rubber Market Report:

• The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
• Extensive study of key segments and sub-segments of the Liquid Silicone Rubber market
• Evaluation of key current and emerging market trends and growth prospects
• Brief overview of industry with regards to research and development, technological advancements, and product development
• In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
• Analysis of key drivers, restraints, opportunities, growth prospects, limitations, and threats
• Strategic recommendation to key players and new entrants to overcome entry-level barriers in the Liquid Silicone Rubber market over the forecast period

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