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Liquid silicone rubber (LSR) is a high purity platinum-cure silicone. LSR is well suited for injection molding owing to its excellent liquidity. It’s also very ideal for complex molds since it easily fits in the most complex parts of any mold.
Market Analysis and Insights: Global Liquid Silicone Rubber (LSR) Market
Due to the COVID-19 pandemic, the global Liquid Silicone Rubber (LSR) market size is estimated to be worth US$ 867.2 million in 2022 and is forecast to a readjusted size of US$ 1149 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Industrial Grade LSR accounting for % of the Liquid Silicone Rubber (LSR) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Medical Products segment is altered to an % CAGR throughout this forecast period.
Global Liquid Silicone Rubber (LSR) key players include Dow, Momentive, Wacker Chemicals, ShinEtsu, KCC Corporation etc. Global top five manufacturers hold a share over 60%.
Asia Pacific is the largest market, with a share over 50%, followed by Europe and Americas, both have a share over 40% percent.
In terms of product, Industrial Grade LSR is the largest segment, with a share over 40%. And in terms of application, the largest application is Medical Products followed by Home Appliance and Food Contact.
Global Liquid Silicone Rubber (LSR) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Liquid Silicone Rubber (LSR) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Industrial Grade LSR
Food Grade LSR
Medical Grade LSR
Segment by Application
Medical Products
Home Appliance and Food Contact
Automotive
Electronics and Electrical
Building Industry
Defense
Others
By Company
Dow
Momentive
Wacker Chemicals
ShinEtsu
KCC Corporation
Guangdong Polysil
Shenzhen SQUARE Silicone
Tianci Materials
Laur Silicone
BlueStar
Jiangsu Tianchen
Dongguan New Orient Technology
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Liquid Silicone Rubber (LSR) Market
Due to the COVID-19 pandemic, the global Liquid Silicone Rubber (LSR) market size is estimated to be worth US$ 867.2 million in 2022 and is forecast to a readjusted size of US$ 1149 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Industrial Grade LSR accounting for % of the Liquid Silicone Rubber (LSR) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Medical Products segment is altered to an % CAGR throughout this forecast period.
Global Liquid Silicone Rubber (LSR) key players include Dow, Momentive, Wacker Chemicals, ShinEtsu, KCC Corporation etc. Global top five manufacturers hold a share over 60%.
Asia Pacific is the largest market, with a share over 50%, followed by Europe and Americas, both have a share over 40% percent.
In terms of product, Industrial Grade LSR is the largest segment, with a share over 40%. And in terms of application, the largest application is Medical Products followed by Home Appliance and Food Contact.
Global Liquid Silicone Rubber (LSR) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Liquid Silicone Rubber (LSR) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Industrial Grade LSR
Food Grade LSR
Medical Grade LSR
Segment by Application
Medical Products
Home Appliance and Food Contact
Automotive
Electronics and Electrical
Building Industry
Defense
Others
By Company
Dow
Momentive
Wacker Chemicals
ShinEtsu
KCC Corporation
Guangdong Polysil
Shenzhen SQUARE Silicone
Tianci Materials
Laur Silicone
BlueStar
Jiangsu Tianchen
Dongguan New Orient Technology
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
