Press release
Liquid Silicone Rubber Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031 | Wacker Chemie AG, Dow Corning Corporation, Momentive Performance Materials Inc.
Liquid Silicone Rubber Market
Liquid silicone rubber (LSR) is a type of silicone rubber that is supplied in a liquid form and can be easily molded into shapes. LSR is a two-part system consisting of a base silicone rubber and a cross-linking agent. The base silicone rubber is mixed with the cross-linking agent and then cured to form a flexible, durable rubber.
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Key Trends
One of the key trends in Liquid Silicone Rubber technology is the development of new types of silicone that can be used in a variety of applications. For example, there are now silicones that can be used in medical devices and in food contact applications.
There are also new types of silicone that can be used in 3D printing. Another trend is the development of new methods for manufacturing silicone products. For example, there are now methods that can be used to produce silicone products with very high precision.
Key Drivers
The key drivers of the liquid silicone rubber market are its properties, such as low chemical reactivity, high thermal stability, and low toxicity. These properties make it an ideal material for various applications, such as medical devices, food contact applications, and electrical/electronic components.
Additionally, the growing demand from the automotive and aerospace industries is expected to drive market growth.
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Market Segments:
By Grade:
- Food
- Medical
- Industrial
By Application:
- Automotive
- Electrical & Electronics
By Region:
- North America
- The U.S.
Key Players:
- Wacker Chemie AG
- Dow Corning Corporation
- Momentive Performance Materials Inc.
- Shin-Etsu Chemical Co. Ltd.
- KCC Corporation
- Elkem Group
- Simtec Silicone Parts LLC
- Zhejiang Xinan Chemical Industrial Group Co. Ltd.
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