Liquid Silicone Rubber Market Size, By Application (Electricals & Electronics, Medical, Automotive, Others), By Grade (Industrial, Medical, Food), By Region Analysis - Global Forecast 2022 - 2027
The global liquid silicone rubber (LSR) market is expected to be around US$ 4 Billion by 2027 at a CAGR of 7.3%.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
7
REPORT DESCRIPTION
The global liquid silicone rubber (LSR) market is expected to be around US$ 4 Billion by 2027 at a CAGR of 7.3%.The industries such as automotive and medical are witnessing huge demand owing to its cost effectiveness, durability and ability to meet all safety requirements. Liquid silicone rubber owing to its resistivity towards heat and cold, weather ability, high tear strength, water repellence, deforming properties, adhesiveness, and dielectric properties are increasingly used in automotive manufacturing and are increasingly becoming a crucial component in the evolution of automotive technology.
Growing usage of liquid silicone rubber in medical, electronics, and automotive industries, coupled with the growth of these industries in North America region is expected to drive the market through the forecast period.
Global Liquid Silicone Rubber market is segmented on the basis of application as electrical & electronics, medical, automotive and others. Based on grade type, the global Liquid Silicone Rubber market is segmented in industrial, medical and food.
Global Liquid Silicone Rubber market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Liquid Silicone Rubber market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
KCC Corporation, Dow Corning, Bluestar Silicones are among the major players in the global Liquid Silicone Rubber market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Liquid Silicone Rubber Market has been segmented as below:
Liquid Silicone Rubber Market, by Application
Liquid Silicone Rubber Market, by Grade Type
Liquid Silicone Rubber Market, By Region
The report covers:
Report scope:
Global Liquid Silicone Rubber market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Liquid Silicone Rubber market share. Major industry players with significant revenue share include Dow Corning, KCC Corporation, Bluestar Silicones etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing applications in Medical segment
4.2.2. Increasing demand for electrical industry
4.3. Restraints
4.3.1. Stringent government regulations
5. Liquid Silicone Rubber Market, By Application
5.1. Key Points
5.2. Electricals & Electronics
5.3. Medical
5.4. Consumer Goods
5.5. Automotive
5.6. Other
6. Liquid Silicone Rubber Market, By Grade Type
6.1. Key Points
6.2. Industrial
6.3. Food
6.4. Medical
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers &Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profile
8.1. KCC Corporation
8.1.1. Company Overview
8.1.2. Product/Service Landscape
8.1.3. Financial Overview
8.1.4. Recent Developments
8.2. Dow Corning
8.2.1. Company Overview
8.2.2. Product/Service Landscape
8.2.3. Financial Overview
8.2.4. Recent Developments
8.3. Simtec Silicone Parts
8.3.1. Company Overview
8.3.2. Product/Service Landscape
8.3.3. Financial Overview
8.3.4. Recent Developments
8.4. Wacker Chemie AG
8.4.1. Company Overview
8.4.2. Product/Service Landscape
8.4.3. Financial Overview
8.4.4. Recent Developments
8.5. Bluestar Silicones
8.5.1. Company Overview
8.5.2. Product/Service Landscape
8.5.3. Financial Overview
8.5.4. Recent Developments
The Liquid Silicone Rubber Market has been segmented as below:
Liquid Silicone Rubber Market, by Application
Liquid Silicone Rubber Market, by Grade Type
Liquid Silicone Rubber Market, By Region
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