Liquid Silicone Rubber Market by Grade, Application & Region – Global Forecast to 2026 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Liquid
Silicone Rubber Market – Global Forecast to 2026" report has
been added to Research and Markets' offering.
The market for Liquid Silicone Rubber (LSR) is projected to grow at a
CAGR of 8.3% in terms of value, from 2016 to 2026. It is projected to
reach USD 3.82 billion by 2026.
The LSR market is growing, as the demand for LSR products is increasing
in various applications such as, automotive, medical, electrical &
electronics, and consumer goods. Since LSRs are heat resistant,
chemically inert, biocompatible, and are easy to mold, these are
preferred for use in the manufacture of products in the above mentioned
applications. Stringent regulatory policies are restricting the growth
of this market. Variations in the regulations across countries is a
major challenge for the LSR market.
There is an increase in the demand for LSR applications, especially in
emerging markets such as, the Asia-Pacific region and South America. In
the Asia-Pacific region, India and China are gradually improving their
healthcare facilities, but these are yet to overcome the concerns raised
by many fatal diseases. The demand for healthcare is greater in highly
populated countries such as India and China. The rapidly growing demand
in end-use applications, competitive manufacturing costs, and high
economic growth rate favor the growth of the LSR market in the
Asia-Pacific region. These factors are attracting companies to adopt the
investments and expansions strategies, and market players are focusing
on this region to garner higher shares in the Asia-Pacific region LSR
market.
Companies Mentioned
- Accurate Products
- Applied Silicone
- Bluestar Silicones (Elkem Group)
- Bluestar Silicones (France)
- DOW Corning
- Innovative Silicones
- KCC Corporation
- Mesgo S.P.A.
- Momentive Performance Materials Inc.
- Nusil Technology LLC
- Reiss Manufacturing Inc.
- Shin-Etsu Chemical Co., Ltd.
- Simtec Silicone Parts, LLC
- Stockwell Elastomerics Inc.
- Wacker Chemie AG
- Zhejiang Xinan Chemical Industrial Group Co., Ltd
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Macroeconomic Overview and Key Trends
8 LSR Molding Technology
9 LSR Market, By Grade
10 LSR Market, By Application
11 LSR Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/7m95pb/liquid_silicone
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Related
Topics: Rubber,
Silicones