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Liquid Silicone Rubber Market 2021: Overview, Trends, Size, Analysis and Forecast 2026

07-15-2022 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Liquid Silicone Rubber Market 2021: Overview, Trends, Size,

According to the latest report by IMARC Group, titled "Liquid Silicone Rubber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global liquid silicone rubber market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.

Report Metric

Historical: 2015-2020

Base Year: 2020

Forecast Year: 2021-2026

Download free sample of the report: https://www.imarcgroup.com/liquid-silicone-rubber-market/requestsample

Liquid Silicone Rubber Market Industry Definition and Application:

Liquid silicone rubber (LSR) represents a dense, durable, and highly resistant elastomer prepared to utilize an injection molding method that provides ease of processing, part consistency, and enhanced productivity. It offers numerous benefits, including excellent weatherability, chemical stability, heat and abrasion resistance, electrical insulation properties, etc. Liquid silicone rubber can also withstand extreme temperature and harsh environmental conditions, such as wind, rain, and ultraviolet (UV) rays. As a result, it is commonly utilized in industrial tools that require high strength, resistance, and quality. Liquid silicone rubber is also extensively used to produce medical equipment, such as prostheses or organ parts.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Liquid Silicone Rubber Market Trends and Drivers:

The growing number of organ failure cases due to the expanding geriatric population and the rising prevalence of chronic diseases is one of the primary factors driving the liquid silicone rubber market. Moreover, the escalating need for minimizing the risk of contamination and improving the safety of medical devices is further propelling the market growth. Additionally, the increasing product utilization in the automotive industry to manufacture small and complex elastomeric parts at high speeds and optimum productivity is acting as another growth-inducing factor. Besides this, the emerging trend of industrial automation and the growing demand for precision manufacturing are projected to cater to the growth of the liquid silicone rubber market in the coming years.

Browse full report with TOC: https://www.imarcgroup.com/liquid-silicone-rubber-market

Liquid Silicone Rubber Market Segmentation:

The report has segmented the market on the basis on region, grade, curing system, end user industry.

Breakup by Grade:

Food Grade
Industrial Grade
Medical Grade

Breakup by Curing System:

Injection Molding
Peroxide Cure System
Platinum-Based Cure System
Condensation Cure System

Breakup by End User Industry:

Automotive
Healthcare
Electrical and Electronics
Cosmetic and Personal Care
Consumer Goods
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Who are the Major Liquid Silicone Rubber Market Key players?

Avantor Inc., Elkem ASA (China National Chemical Corporation), Jiangsu Tianchen New Materials Co. Ltd, Momentive Performance Materials Inc., Reiss Manufacturing Inc., Shin-Etsu Chemical Co. Ltd., Simtec Silicone Parts LLC (The Rico Group), Stockwell Elastomerics Inc., The Dow Chemical Company and Wacker Chemie AG.

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IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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