Liquid Silicone Rubber Market Size, Share, and Forecast by 2028
Liquid Silicone Rubber Market: Strategic Insights
Liquid Silicone Rubber Market
-
CAGR (2022 - 2028)7.0% -
Market Size 2022
US$ 1.25 Billion -
Market Size 2028
US$ 1.88 Billion
Market Dynamics
GROWTH DRIVERS
- Increase in automotive and electronics applications
- Growth in medical device manufacturing
- Rising demand for flexible and durable materials
FUTURE TRENDS
- Technological advancements in material properties
- Rising demand in the renewable energy sector
- Integration with smart technologies
OPPORTUNITIES
- Expansion in the healthcare sector
- Growing demand for eco-friendly silicone products
- Adoption in 3D printing
Key Players
- Avantor Inc
- Beacon Medtech Solutions
- CHT Germany GmbH
- Dow
- Elkem ASA
- KCC Silicone Corporation
- Momentive
- Shin Etsu Chemical Co Ltd
- Stockwell Elastomerics Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Grade
- Food
- Medical
- Industrial
End User
- Healthcare
- Automotive
- Consumer Goods
- Electricals and Electronics