Liquid Silicone Rubber Market Analysis

  • Report ID: 5168
  • Published Date: Aug 18, 2023
  • Report Format: PDF, PPT

Liquid Silicone Rubber Market Analysis

Grade Type (Food Grade, Industrial Grade, Medical Grade)

The medical grade segment in the liquid silicone rubber market is set to capture a share of about 60% over the forecast period. Manufacturers in the medical, healthcare, and life sciences industries have demanding requirements for components, which need to adhere to ever-tighter tolerances and comply with safety and hygiene standards. Liquid silicone rubber is the perfect material for a wide variety of medical instruments and healthcare devices since it is chemically inert, resistant to a wide range of chemicals, and biocompatible.

Processing Techniques (Liquid Injection Molding System, Compression Molding)

Liquid silicone rubber market from the liquid injection molding system segment is expected to gather a share of approximately 61% during the projected period. In light of the greater degree of quality and durability of the finished product, the liquid injection molding process has established a reputation as the preferred technique among many rubber part makers. Due to the high levels of automated processes, reliability, and speed enabled by this injection molding method, manufacturing is possible around-the-clock. Almost all industries—including those in the automotive, medical, electronics, food, defense, and textile—take advantage of the potential offered by the liquid injection molding technique, which supports market expansion.

Our in-depth analysis of the global liquid silicone rubber market includes the following segments:

 

   Grade Type

  • Food Grade
  • Industrial Grade
  • Medical Grade

 

   Processing Techniques

  • Liquid Injection Molding System
  • Compression Molding

 

 

 

   End-User Industry

  • Automotive
  • Healthcare
  • Electrical & Electronics
  • Cosmetics
  • Building & Construction

Browse Key Market Insights with Data Illustration:


Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5168
  • Published Date: Aug 18, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are surge in use of liquid silicone rubber in agriculture, rise in demand for baby products & toys, and growing application of liquid silicone rubber in kitchen products.

The market size of liquid silicone rubber is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Wacker Chemical AG, The Dow Chemical Company, Quantum Silicones, Inc., SHENZHEN LIANHUAN SILICONE RUBBER CO., LTD., and others.

The medical grade segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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