Global Liquid Silicone Rubber Market – Industry Trends and Forecast to 2026 Global liquid silicone rubber market is set to witness a substantial CAGR of 8.90% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market value can be attributed due to increasing demand for medical grade liquid silicone rubber. Rising geriatric population and new material development is fueling the growth of the market.
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Market Definition
Liquid silicone rubber is composed of silicone which is widely used in the industry. It is resistance to bacteria and chemical and it is highly rigid. It has properties like flexibility, low viscosity and has high tensile strength. It is widely used in medical parts, automotive parts and many others.
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Market Segmentation
• By Application (Electrical & Electronics, Automotive, Medical, Consumer Goods, Building & Construction, Cosmetic Applications, Aerospace & Aeronautics, Industrial Components) • Grade (Industrial, Medical, Food) • Technology (Liquid Injection Molding System) • Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
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Competitive Analysis
Global liquid silicone rubber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of liquid silicone rubber market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Major Market Competitors • • • • • • • • • • • • • • • • • • • •
Dow Wacker Chemie AG Momentive Shin-Etsu Chemical Co. Ltd. Elkem Silicones KCC CORPORATION NUSIL RICO GROUP GmbH STOCKWELL ELASTOMERICS INC. Zhejiang Xin'an Chemical Group Co., Ltd. Reiss Corporation. MESGO S.p.A. Accurate Products Corporation (P) Ltd. Innovative Silicones Laur Silicone Inc. Apple Rubber Products GW Plastics Inquiry Before Buying @ CVA Silicone https://www.databridgemarketresearch.com/inquire-beforeProto Labs buying/?dbmr=global-liquid-silicone-rubber-market Trelleborg AB
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