Liquid Silicone Rubber Market Demand and Growth 2022, 2028
The liquid silicone rubber market was valued at US$ 1,249.3 million in 2022 and is projected to reach US$ 1,877.1 million by 2028; it is expected to grow at a CAGR of 7.0% from 2022 to 2028.
Liquid silicone rubber is a high-purity, two-component platinum-cured silicone. It is ideally formulated for the production of technical parts, which require superior strength, resistance, and quality. It is a viscous and pumpable material, and is mostly processed through liquid injection molding (LIM). Liquid silicone rubber is highly biocompatible and durable, and hence, ensures long-term stability and chemical resistance.
In 2021, Asia Pacific held the largest share of the global liquid silicone rubber market . The market in this region is further segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The liquid silicone rubber production capacity of these countries is expected to increase in the coming years due to heavy investments from various manufacturers and a rise in government initiatives to support the production of different types of liquid silicone rubber. Further, the need for specialty components has been increasing with the growing trends of electrification and autonomy of vehicles in the region.
China is one of the major producers of electronics products. Liquid silicone rubbers are extensively used in the electronics industry. Superior longevity, UV resistance, temperature resistance, mechanical properties, and flexibility are the prime attributes of this rubber, which are encouraging manufacturers to use these materials in the manufacturing of different electronics components.
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Liquid Silicone Rubber Market: Strategic Insights
Market Size Value in US$ 1,249.3 Million in 2022 Market Size Value by US$ 1,877.1 Million by 2028 Growth rate CAGR of 7.0% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Liquid Silicone Rubber Market: Strategic Insights
| Market Size Value in | US$ 1,249.3 Million in 2022 |
| Market Size Value by | US$ 1,877.1 Million by 2028 |
| Growth rate | CAGR of 7.0% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Liquid Silicone Rubber Market
The liquid silicone rubber market before the COVID-19 pandemic was mainly driven by increasing their use in various industries such as automotive, consumer goods, electrical & electronics, and healthcare. The liquid silicone rubber is used in automotive components, such as seals, gaskets, among others. In healthcare industry, it is used in making of medical devices and implants. However, in 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries. The COVID-19 pandemic caused supply chain disruptions in key raw materials and disturbed manufacturing processes due to restrictions imposed by government authorities in various countries. During the COVID-19 crisis, the automotive production across the globe has declined which has negatively impacted the liquid silicone rubber market growth.
The demand for liquid silicone rubber began increasing for different applications with the resumption of economies in various countries in 2021. Furthermore, relaxation in restrictions imposed in 2020 paved the way for the resurgence of automotive production activities in emerging economies of Asia Pacific, thereby boosting the demand for liquid silicone rubber.
Market Insights
Proliferation of Global Automotive Sector
In the last decade, the automotive sector has witnessed tremendous growth and is expected to rise steadily during the forecast period. According to the data of Organisation Internationale des Constructeurs d'Automobiles (OICA), the number of commercial and passenger cars produced in American countries increased from ~16.2 million to ~20 million from 2010 to 2019, at a rate of more than 23%. In China, the automotive industry has been growing rapidly and the country is playing an increasingly important role in the global automotive market. Despite the adverse effects of the COVID-19 pandemic on this sector in 2020 and 2021 due to nationwide lockdowns, trade and travel restrictions, and decreased investments, it is experiencing a resurgence from FY 2022–2023.
Various companies operating in the automotive market are investing heavily in the automobile manufacturing sector to increase production capacities and sales. With the rise in automotive production and sales, the demand of liquid silicone rubber is growing significantly. In automotive industry, the liquid silicone rubbers are used in diverse range of application such as, in tire additives, engine gaskets, navigation display, foam padding and many other applications. In addition, newer applications of liquid silicone rubber are consistently being developed for the automotive industry. Thus, the rising demand for liquid silicon rubber from the automotive industry is driving the liquid silicone rubber market growth.
Grade Insights
Based on grade, the liquid silicone rubber market has been segmented into food, medical, and industrial. The medical segment accounted for the largest market share in 2021. Medical-grade liquid silicone rubber is used in the manufacturing of medical devices and equipment. The medical-grade liquid silicone rubber is non-allergenic. In addition, its hydrophobicity contributes to its ability to resist the growth of bacteria and fungi. These properties of medical-grade liquid silicone rubber fuel their demand in the in the healthcare sector.
Avantor, Inc.; Beacon Medtech Solutions; Dow Inc.; MOMENTIVE; Wacker Chemie AG; CHT Germany GmbH; Elkem Asa; KCC Silicone Corporation; Shin Etsu Chemical Co. Ltd.; and Stockwell Elastometrics Inc. are among the major players operating in the liquid silicone rubber market. The market players are focusing on investing significant resources in research and development activities for providing high-quality products to meet the customer demands. They are also focused on the expansion of their production capacities and geographic presence.
Liquid Silicone Rubber Market Report Scope
Report Spotlights
- Progressive industry trends in the liquid silicone rubber market to help players develop effective long-term strategies
- Business growth strategies adopted by the market players to secure growth in developed and developing markets
- Quantitative analysis of the liquid silicone rubber market from 2020 to 2028
- Estimation of global demand for liquid silicone rubber
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, and factors driving and restraining the liquid silicone rubber market growth
- Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the liquid silicone rubber market growth
- The liquid silicone rubber market size at various nodes
- Detailed market overview, along with segmentation, and the liquid silicone rubber industry dynamics
- The liquid silicone rubber market size in various regions with promising growth opportunities
Company Profiles
- Avantor, Inc.
- Beacon Medtech Solutions
- Dow Inc.
- MOMENTIVE
- Wacker Chemie AG
- CHT Germany GmbH
- Elkem Asa
- KCC Silicone Corporation
- Shin Etsu Chemical Co. Ltd.
- Stockwell Elastometrics Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Grade, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Asia Pacific is estimated to register the fastest CAGR in the global liquid silicone rubber market over the forecast period. Due to heavy investments from various manufacturers and the rise in government initiatives to support the production of different types of liquid silicone rubber, the production capacity of the region is expected to increase in the coming years. As the mobility industry has been increasingly inclining towards electrification and autonomy of vehicles in the region, the need for specialty components has been increasing. Hence, the global leaders are taking initiatives and focusing on expansion strategies. For instance, on 24th November 2021, Dätwyler Holding Inc.- a European leader in specialty elastomers has expanded their production of liquid silicone rubber components in Wuxi, China. Moreover, the growing product development and industrialization and wide application in end-use industries such as building & constriction, manufacturing, automotive, and healthcare especially in developing countries in the region are the major factors attributed to the growth of the liquid silicone rubber market.
The healthcare segment held the second largest share of the market in 2022. Liquid silicone rubber is widely used in the healthcare sector to manufacture medical devices and equipment. Medica-grade liquid silicone rubber is flexible, sterilized, and biocompatible. The developed process of curing removes potentially harmful plasticizers making it an ideal material for medical applications such as manufacturing rubber washers, hose washers, gaskets, bushings, tubing and cord. Medical-grade liquid silicone rubber is mostly found in tubing, defoamers, and adhesives. It is available in several grades such as FDA grade, Class VI Grade, and Platinum Cure Grade, and this allows for greater flexibility when choosing an appropriate product.
The automotive segment held the largest market share. In the automotive industry, industrial-grade liquid silicone rubber offers excellent solutions in the form of moulded components. It is used in the manufacturing of headlights, sealants, LED diffusers, spark-plug boots, and ignition components. Due to the product's outstanding thermal stability, superior compression set, resistance to oxidation, and clarity, it is frequently employed in automotive applications. The emerging electrification of vehicles, automation, and autonomous technology requirement in the automotive industry driving the demand for industrial-grade liquid silicone rubber market.
The major players operating in the global liquid silicone rubber market are Avantor, Inc.; Beacon Medtech Solutions; CHT Germany GmbH; Dow; Elkem ASA; KCC Silicone Corporation; Momentive; Shin-Etsu Chemical Co., Ltd.; Stockwell Elastomerics, Inc.; Wacker Chemie AG.
In 2022, Asia Pacific held the largest share of the global liquid silicone rubber market. The rise in the number of automotive productions in the region would cater the demand of liquid silicone rubber. The region is also flourishing owing to presence of manufacturing facilities and cheap labor. China is one of the largest producers of automotive due to abundance of resources and raw material.
The industrial segment held the largest market share. Industrial-grade liquid silicon rubber is highly versatile and widely applicable to industries such as electronics, aerospace, construction, automotive, and consumer products. In the electronics industry sealants and lubricants are widely used and purified liquid silicone rubber is extensively used by the manufacturers. The rising extensive research and development in the electronics industry are fueling the demand for industrial-grade liquid silicone rubber market. Liquid silicone rubber is used to manufacture spacesuit fabrics, seals, tooling materials, and gaskets in the aerospace and aircraft industry.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Liquid Silicone Rubber Market, by Grade
1.3.2 Liquid Silicone Rubber Market, by End Users
1.3.3 Liquid Silicone Rubber Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Liquid Silicone Rubber Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
4.4 Expert Opinion
5. Liquid Silicone Rubber Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Silicone Rubber in Automotive Industry
5.1.2 Fueling Application of Liquid Silicone Rubber in Medical Implants and Devices
5.2 Market Restrain
5.2.1 High Cost Associated with Manufacturing and Processing
5.3 Market Opportunities
5.3.1 Surging Application in Consumer Electronics Industry Favors the Liquid Silicone Rubber
5.4 Market Future Trends
5.4.1 Increasing Investment in New Product launch from Market Players
5.5 Impact Analysis
6. Liquid Silicone Rubber – Global Market Analysis
6.1 Liquid Silicone Rubber Market Overview
6.2 Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
6.3 Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
6.4 Competitive Positioning – Key Market Players
7. Liquid Silicone Rubber Market Analysis – By Grade
7.1 Overview
7.2 Liquid Silicone Rubber Market, By Grade (2021 and 2028)
7.3 Food
7.3.1 Overview
7.3.2 Food: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Food: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)
7.4 Medical
7.4.1 Overview
7.4.2 Medical: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Medical: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)
7.5 Industrial
7.5.1 Overview
7.5.2 Industrial: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
7.5.3 Industrial: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)
8. Liquid Silicone Rubber Market Analysis – By End User
8.1 Overview
8.2 Liquid Silicone Rubber Market, By End User (2021 and 2028)
8.3 Healthcare
8.3.1 Overview
8.3.2 Healthcare: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Consumer Goods
8.5.1 Overview
8.5.2 Consumer Goods: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Electrical and Electronics
8.6.1 Overview
8.6.2 Electrical and Electronics: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)
9. Liquid Silicone Rubber Market – Geographic Analysis
9.1 Overview
9.2 North America: Liquid Silicone Rubber Market
9.2.1 North America: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.2.3 North America: Liquid Silicone Rubber Market, by Grade
9.2.4 North America: Liquid Silicone Rubber Market, by End-User
9.2.5 North America: Liquid Silicone Rubber Market, by Key Country
9.2.5.1 US: Liquid Silicone Rubber Market–Analysis and Forecast to 2028 (US$ Million)
9.2.5.1.1 US: Liquid Silicone Rubber Market, by Grade
9.2.5.1.2 US: Liquid Silicone Rubber Market, by End-User
9.2.5.2 Canada: Liquid Silicone Rubber Market–Analysis and Forecast to 2028 (US$ Million)
9.2.5.2.1 Canada: Liquid Silicone Rubber Market, by Grade
9.2.5.2.2 Canada: Liquid Silicone Rubber Market, by End-User
9.2.5.3 Mexico: Liquid Silicone Rubber Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.3.1 Mexico: Liquid Silicone Rubber Market, by Grade
9.2.5.3.2 Mexico: Liquid Silicone Rubber Market, by End-User
9.3 Europe: Liquid Silicone Rubber Market
9.3.1 Europe: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Liquid Silicone Rubber Market, by Grade
9.3.3 Europe: Liquid Silicone Rubber Market, by End User
9.3.4 Europe: Liquid Silicone Rubber Market, by Key Country
9.3.4.1 Germany: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Liquid Silicone Rubber Market, by Grade
9.3.4.1.2 Germany: Liquid Silicone Rubber Market, by Grade
9.3.4.1.3 Germany: Liquid Silicone Rubber Market, by End User
9.3.4.2 France: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Liquid Silicone Rubber Market, by Grade
9.3.4.2.2 France: Liquid Silicone Rubber Market, by Grade
9.3.4.2.3 France: Liquid Silicone Rubber Market, by End User
9.3.4.3 Italy: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.4 Italy: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.3.4.4.1 Italy: Liquid Silicone Rubber Market, by Grade
9.3.4.4.2 Italy: Liquid Silicone Rubber Market, by End User
9.3.4.5 UK: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.6 UK: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.3.4.6.1 UK: Liquid Silicone Rubber Market, by Grade
9.3.4.6.2 UK: Liquid Silicone Rubber Market, by End User
9.3.4.7 Russia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.8 Russia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.3.4.8.1 Russia: Liquid Silicone Rubber Market, by Grade
9.3.4.8.2 Russia: Liquid Silicone Rubber Market, by End User
9.3.4.9 Rest of Europe: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.3.4.9.1 Rest of Europe: Liquid Silicone Rubber Market, by Grade
9.3.4.9.2 Rest of Europe: Liquid Silicone Rubber Market, by End User
9.4 Asia Pacific: Liquid Silicone Rubber Market
9.4.1 Asia Pacific: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Liquid Silicone Rubber Market, by Grade
9.4.3 Asia Pacific: Liquid Silicone Rubber Market, by End User
9.4.4 Asia Pacific: Liquid Silicone Rubber Market, by Key Country
9.4.4.1 Australia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.2 Australia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.4.4.2.1 Australia: Liquid Silicone Rubber Market, by Grade
9.4.4.2.2 Australia: Liquid Silicone Rubber Market, by Grade
9.4.4.2.3 Australia: Liquid Silicone Rubber Market, by End User
9.4.4.3 China: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.4 China: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.4.4.4.1 China: Liquid Silicone Rubber Market, by Grade
9.4.4.4.2 China: Liquid Silicone Rubber Market, by Grade
9.4.4.4.3 China: Liquid Silicone Rubber Market, by End User
9.4.4.5 India: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.6 India: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.4.4.6.1 India: Liquid Silicone Rubber Market, by Grade
9.4.4.6.2 India: Liquid Silicone Rubber Market, by Grade
9.4.4.6.3 India: Liquid Silicone Rubber Market, by End User
9.4.4.7 Japan: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.8 Japan: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.4.4.8.1 Japan: Liquid Silicone Rubber Market, by Grade
9.4.4.8.2 Japan: Liquid Silicone Rubber Market, by Grade
9.4.4.8.3 Japan: Liquid Silicone Rubber Market, by End User
9.4.4.9 South Korea: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.10 South Korea: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.4.4.10.1 South Korea: Liquid Silicone Rubber Market, by Grade
9.4.4.10.2 South Korea: Liquid Silicone Rubber Market, by Grade
9.4.4.10.3 South Korea: Liquid Silicone Rubber Market, by End User
9.4.4.11 Rest of Asia Pacific: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.4.4.12 Rest of Asia Pacific: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.4.4.12.1 Rest of Asia Pacific: Liquid Silicone Rubber Market, by Grade
9.4.4.12.2 Rest of Asia Pacific: Liquid Silicone Rubber Market, by End User
9.5 Middle East and Africa: Liquid Silicone Rubber Market
9.5.1 Middle East and Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.5.2 Middle East and Africa: Liquid Silicone Rubber Market, by Grade
9.5.3 Middle East and Africa: Liquid Silicone Rubber Market, by End User
9.5.4 Middle East and Africa: Liquid Silicone Rubber Market, by Key Country
9.5.4.1 South Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.5.4.2 South Africa: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.5.4.2.1 South Africa: Liquid Silicone Rubber Market, by Grade
9.5.4.2.2 South Africa: Liquid Silicone Rubber Market, by Grade
9.5.4.2.3 South Africa: Liquid Silicone Rubber Market, by End User
9.5.4.3 Saudi Arabia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.5.4.4 Saudi Arabia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.5.4.4.1 Saudi Arabia: Liquid Silicone Rubber Market, by Grade
9.5.4.4.2 Saudi Arabia: Liquid Silicone Rubber Market, by Grade
9.5.4.4.3 Saudi Arabia: Liquid Silicone Rubber Market, by End User
9.5.4.5 UAE: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.5.4.6 UAE: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.5.4.6.1 UAE: Liquid Silicone Rubber Market, by Grade
9.5.4.6.2 UAE: Liquid Silicone Rubber Market, by Grade
9.5.4.6.3 UAE: Liquid Silicone Rubber Market, by End User
9.5.4.7 Rest of the Middle East & Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.5.4.7.1 Rest of the Middle East & Africa: Liquid Silicone Rubber Market, by Grade
9.5.4.7.2 Rest of the Middle East & Africa: Liquid Silicone Rubber Market, by Grade
9.5.4.7.3 Rest of the Middle East & Africa: Liquid Silicone Rubber Market, by End User
9.6 South and Central America: Liquid Silicone Rubber Market
9.6.1 South and Central America: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.6.2 South and Central America: Liquid Silicone Rubber Market, by Grade
9.6.3 South and Central America: Liquid Silicone Rubber Market, by End User
9.6.4 South and Central America: Liquid Silicone Rubber Market, by Key Country
9.6.4.1 Brazil: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.6.4.2 Brazil: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.6.4.2.1 Brazil: Liquid Silicone Rubber Market, by Grade
9.6.4.2.2 Brazil: Liquid Silicone Rubber Market, by Grade
9.6.4.2.3 Brazil: Liquid Silicone Rubber Market, by End User
9.6.4.3 Argentina: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.6.4.4 Argentina: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.6.4.4.1 Argentina: Liquid Silicone Rubber Market, by Grade
9.6.4.4.2 Argentina: Liquid Silicone Rubber Market, by Grade
9.6.4.4.3 Argentina: Liquid Silicone Rubber Market, by End User
9.6.4.5 Rest of South and Central America: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.6.4.6 Rest of South and Central America: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.6.4.6.1 Rest of South and Central America: Liquid Silicone Rubber Market, by Grade
9.6.4.6.2 Rest of South and Central America: Liquid Silicone Rubber Market, by Grade
9.6.4.6.3 Rest of South and Central America: Liquid Silicone Rubber Market, by End User
10. Impact of COVID-19 Pandemic on Global Liquid Silicone Rubber Market
10.1 Overview
10.2 Impact of COVID-19 on Liquid Silicone Rubber Market
10.3 North America: Impact Assessment of COVID-19 Pandemic
10.4 Europe: Impact Assessment of COVID-19 Pandemic
10.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.7 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Avantor, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Beacon Medtech Solutions
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Dow Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 MOMENTIVE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Wacker Chemie AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 CHT Germany GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Elkem Asa
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 KCC Silicone Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Shin Etsu Chemical Co. Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Stockwell Elastometrics Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Table 2. Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Liquid Silicone Rubber Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Liquid Silicone Rubber Market, by Grade –Volume and Forecast to 2028 (Tons)
Table 5. Global Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 7. North America Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 8. North America Liquid Silicone Rubber Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 9. US: Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (US$ Million)
Table 10. U.S. Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 11. US: Liquid Silicone Rubber Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 14. Canada: Liquid Silicone Rubber Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 17. Mexico Liquid Silicone Rubber Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 19. Europe Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons))
Table 20. Europe Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 21. Germany Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 22. Germany Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 23. Germany Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 24. France Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 25. France Liquid Silicone Rubber Market, by Grade – Revenue and Forecast to 2028 (USD Million)
Table 26. France Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 27. Italy Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 28. Italy Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 29. Italy Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 30. UK Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 31. UK Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 32. UK Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 33. Russia Liquid Silicone Rubber Market, by Grade – Revenue and Forecast to 2028 (USD Million)
Table 34. Russia Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 35. Russia Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 36. Rest of Europe Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 37. Rest of Europe Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 38. Rest of Europe Liquid Silicone Rubber Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 39. Asia Pacific Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 40. Asia Pacific Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 41. Asia Pacific Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 42. Australia Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 43. Australia Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 44. Australia Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 45. China Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 46. China Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 47. China Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 48. India Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 49. India Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 50. India Liquid Silicone Rubber Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 51. Japan Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 52. Japan Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 53. Japan Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 54. South Korea Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 55. South Korea Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 56. South Korea Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 57. Rest of Asia Pacific Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 58. Rest of APAC Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 59. Rest of Asia Pacific Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 60. Middle East and Africa Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 61. Middle East and Africa Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 62. Middle East and Africa Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 63. South Africa Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 64. South Africa Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 65. South Africa Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 66. Saudi Arabia Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 67. Saudi Arabia Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 68. Saudi Arabia Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 69. UAE Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 70. UAE Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 71. UAE Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 72. Rest of Middle East and Africa Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 73. Rest of Middle East and Africa Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 74. Rest of Middle East and Africa Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 75. South and Central America Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 76. South and Central America Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 77. South and Central America Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 78. Brazil Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 79. Brazil Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 80. Brazil Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 81. Argentina Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 82. Argentina Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 83. Argentina Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 84. Rest of South and Central America Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 85. Rest of South and Central America Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 86. Rest of South and Central America Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 87. Glossary of Terms, Global Liquid Silicone Rubber Market
LIST OF FIGURES
Figure 1. Liquid Silicone Rubber Market Segmentation
Figure 2. Liquid Silicone Rubber Market Segmentation – By Geography
Figure 3. Global Liquid Silicone Rubber Market Overview
Figure 4. Global Liquid Silicone Rubber Market, By Grade
Figure 5. Global Liquid Silicone Rubber Market, by Geography
Figure 6. Global Liquid Silicone Rubber Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Global Liquid Silicone Rubber Market – Ecosystem
Figure 9. Expert Opinion
Figure 10. Global Automotive Sales: 2019-2021
Figure 11. Government Healthcare Expenditure (as percentage of GDP)
Figure 12. National Healthcare Expenditure (In Trillions)
Figure 13. Global Liquid Silicone Rubber Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Liquid Silicone Rubber Market
Figure 15. Liquid Silicone Rubber Market – Volume and Forecast to 2028 (Tons)
Figure 16. Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Liquid Silicone Rubber Market Revenue Share, By Grade (2021 and 2028)
Figure 18. Food: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Food: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 20. Medical: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Medical: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 22. Industrial: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Industrial: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 24. Liquid Silicone Rubber Market Revenue Share, By End User (2021 and 2028)
Figure 25. Healthcare: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Automotive: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Consumer Goods: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Electrical and Electronics: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 29. Others: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Global Liquid Silicone Rubber Market Revenue Share, by Region (2021 and 2028)
Figure 31. North America: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Liquid Silicone Rubber Market – Volume and Forecast to 2028 (Tons)
Figure 33. North America: Liquid Silicone Rubber Market Revenue Share, by Grade (2021 and 2028)
Figure 34. North America: Liquid Silicone Rubber Market Revenue Share, by End-User (2021 and 2028)
Figure 35. North America: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)
Figure 36. US: Liquid Silicone Rubber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 37. US: Liquid Silicone Rubber Market–Volume and Forecast to 2028 (Tons)
Figure 38. Canada: Liquid Silicone Rubber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 39. Canada: Liquid Silicone Rubber Market–Volume and Forecast to 2028 (Tons)
Figure 40. Mexico: Liquid Silicone Rubber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 41. Mexico: Liquid Silicone Rubber Market–Volume and Forecast to 2028 (Tons)
Figure 42. Europe: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Europe: Liquid Silicone Rubber Market – Volume and Forecast to 2028 (Tons)
Figure 44. Europe: Liquid Silicone Rubber Market Revenue Share, by Grade (2021 and 2028)
Figure 45. Europe: Liquid Silicone Rubber Market Revenue Share, by End User (2021 and 2028)
Figure 46. Europe: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)
Figure 47. Germany: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. Germany: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 49. France: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. France: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (US$ Million)
Figure 51. Italy: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 52. Italy: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 53. UK: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. UK: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 55. Russia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. Russia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 57. Rest of Europe: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. Rest of Europe: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 59. Asia Pacific: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Asia Pacific: Liquid Silicone Rubber Market – Volume and Forecast to 2028 (US$ Million
Figure 61. Asia Pacific: Liquid Silicone Rubber Market Revenue Share, by Grade (2021 and 2028)
Figure 62. Asia Pacific: Liquid Silicone Rubber Market Revenue Share, by Form (2021 and 2028)
Figure 63. Asia Pacific: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)
Figure 64. Australia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. Australia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 66. China: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. China: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 68. India: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. India: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 70. Japan: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Japan: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 72. South Korea: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 73. South Korea: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 74. Rest of Asia Pacific: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 75. Rest of Asia Pacific: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 76. Middle East and Africa: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Middle East and Africa: Liquid Silicone Rubber Market – Volume and Forecast to 2028 (Tons)
Figure 78. Middle East and Africa: Liquid Silicone Rubber Market Revenue Share, by Grade (2021 and 2028)
Figure 79. Middle East and Africa: Liquid Silicone Rubber Market Revenue Share, by End User (2021 and 2028)
Figure 80. Middle East and Africa: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)
Figure 81. South Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 82. South Africa: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 83. Saudi Arabia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 84. Saudi Arabia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 85. UAE: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 86. UAE: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 87. Rest of the Middle East & Africa: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 88. Rest of the Middle East & Africa: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 89. South and Central America: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 90. South and Central America: Liquid Silicone Rubber Market – Volume and Forecast to 2028 (US$ Million)
Figure 91. South and Central America: Liquid Silicone Rubber Market Revenue Share, by Grade (2021 and 2028)
Figure 92. South and Central America: Liquid Silicone Rubber Market Revenue Share, by End User(2021 and 2028)
Figure 93. South and Central America: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)
Figure 94. Brazil: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 95. Brazil: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 96. Argentina: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 97. Argentina: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 98. Rest of South and Central America: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 99. Rest of South and Central America: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 100. Impact of COVID-19 Pandemic in North America
Figure 101. Impact of COVID-19 Pandemic in Europe
Figure 102. Impact of COVID-19 Pandemic in the Asia Pacific
Figure 103. Impact of COVID-19 Pandemic in Middle East & Africa
Figure 104. Impact of COVID-19 Pandemic in South and Central America
The List of Companies - Liquid Silicone Rubber Market
- Avantor, Inc.
- Beacon Medtech Solutions
- CHT Germany GmbH
- Dow
- Elkem ASA
- KCC Silicone Corporation
- Momentive
- Shin-Etsu Chemical Co., Ltd.
- Stockwell Elastomerics, Inc.
- Wacker Chemie AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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