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Liquid Silicone Rubber

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Liquid Silicone Rubber Market report categorizes global market by application, end use industries, and geography Segmented by Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024
Liquid Silicone Rubber Market Research
Report, 2026
Silicone rubber is stable, non-reactive, and resistant to extreme environments
and temperatures. It can be used in a wide range of products, including food
storage products, textiles, footwear, electronics, and medical devices, among
others. This is mainly attributed to its advantageous properties and ease of
manufacturing. One of the major factors driving growth of liquid silicone rubber
market is increasing demand for electronics. Silicon rubber finds wide
application in the healthcare industry and thus, rampant growth of this sector
across the globe is further fueling demand for liquid silicone rubber. However,
stringent regulations pertaining to use of liquid silicone rubber in medical
devices is expected to hamper growth of liquid silicone rubber industry over the
forecast period (2016–2024). Therefore, the liquid silicone rubber market is
expected to witness moderate growth in terms of revenue over the forecast
period. Silicone rubber is defined as an elastomer of silicone that also contains
hydrogen, carbon, and oxygen. Silicone rubber is available as one or two-part
polymers and comprises fillers to improve properties and reduce costs.
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Rising aging population to drive growth of liquid silicone rubber market
The growing healthcare industry and increasing aging population are expected
to be major factors driving demand for liquid silicone rubber in the near future.
Demand for liquid silicone rubber is also expected to augment due to
burgeoning growth of the electronics sector. Furthermore, automotive sector is
also projected to contribute to increase in demand for liquid silicone rubber over
the forecast period. Stringent regulations pertaining to specifications of using
liquid silicone rubber in medical devices is expected to be one of the major
restraining factors for growth of liquid silicone rubber market.
Competitive Analysis
Some of the major players identified in the value chain of global liquid silicone
rubber market are Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd, DOW
Corning, KCC Corporation, Momentive Performance Materials Inc., Bluestar
Silicones (Elkem Group), Simtec Silicone Parts, LLC, Zhejiang Xinan Chemical
Industrial Group Co., Ltd., and Reiss Manufacturing Inc., among others.
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pallavi.reddy
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