Global Liquid Silicone Rubber Market Expands with Advancements in Injection Molding & Healthcare Technologies

Liquid Silicone Rubber Market Size

The global Liquid Silicone Rubber revenue was US$ 736.9 million in 2022 and is forecast to a readjusted size of US$ 1069.5 million by 2029 with a CAGR of 5.4% during the forecast period (2023-2029).

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-8Q16273/Global_and_India_Liquid_Silicone_Rubber_Market_Report_Forecast_2023_2029

The key Liquid Silicone Rubber (LSR) players in Japan including ShinEtsu, Dow, Momentive and Wacker Chemicals. And the international players are KCC Corporation, Guangdong Polysil, Shenzhen SQUARE Silicone,etc. ShinEtsu had the largest segment with a market share of around 56% in 2019.

The production regions cover Japan, China, North America and India.

The classification of Liquid Silicone Rubber includes Food Grage LSR, Medical Grade LSR and Industrial Grade LSR. In 2019, Food Grage LSR accounted for nearly 42% of the global liquid silicone rubber market, followed by Medical Grade LSR with about 36%. The applications of Liquid Silicone Rubber are classified as international players and local players.

This report focuses on global and India Liquid Silicone Rubber market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Liquid Silicone Rubber will continue to grow rapidly in the future.

Global Liquid Silicone Rubber Scope and Market Size

Liquid Silicone Rubber market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Liquid Silicone Rubber market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.

For India market, this report focuses on the Liquid Silicone Rubber market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Food Grage LSR
• Medical Grade LSR
• Industrial Grade LSR

By Application
• International Players
• Local Players

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8Q16273/global-and-india-liquid-silicone-rubber

Please reach us at sales@valuates.com

Address:
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.