• Blog
  • x

    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    Liquid Silicone Rubber (LSR) Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Liquid Silicone Rubber (LSR) Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Liquid Silicone Rubber (LSR) Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis
    Report code - SRAM306 Delivery - 2 Weeks
    Liquid Silicone Rubber (LSR) Market Size, Share, Trend, Forecast, & Competitive Analys See more...
    Purchase Report
    notch

    Impact of COVID-19 on Liquid Silicone Rubber Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Liquid Silicone Rubber (LSR) Market Insights

    Liquid Silicone Rubber (LSR) Market is likely to witness an impressive CAGR of 10.2% during the forecast period. Rapid development in the medical and electrical & electronics applications and fast progress in the improvement for medical grade LSRs are the prime factors governing the global LSR market. The engagement of medical grade LSRs minimize the hazard of bacterial contaminations and are henceforth, employed in skin medications to support functionality and absorption. They are extensively used in electrical & electronics application for electrical potting and insulation. Further, owing to their prime properties, such as chemical inertness and elevated temperature confrontation, they are also utilized in the engineering of LED lights.

    Liquid Silicone Rubber (LSR) Market - Snapshot

    Growth

    10.2% for the next five years

    Major Grade Type

    Medical grade

    Dominant Application Type

    Medical

    Region with the highest demand

    Asia-Pacific

    Key Players

    DOW Corning, Wacker Chemie AG, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Bluestar Silicones (Elkem Group), KCC Corporation, Nusil Technology LLC, Simtec Silicone Parts, LLC, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., and Reiss Manufacturing Inc.

    Wish to Get a Free Sample? Click here.

    Market Share Analysis

    Liquid Silicone Rubber (LSR) Market Share: By Grade Type

    Based on the grade type, the market is segmented as industrial grade, medical grade, and food grade. The medical grade segment is estimated to grow at the highest rate in the coming five years. The growth is attributed to the rising elderly population, across the board, coupled with the growing cognizance about health apprehensions, which is driving the medical applications segment. As grades are subjected to various approvals and protocols for practice in the medical sector, these are more expensive against other grades. Hence, the medical grade segment is projected to be the largest segment during the forecast period.

    Liquid Silicone Rubber (LSR) Market Share: By Application Type 

    Based on the application type, the market is segmented as automotive, medical, electrical & electronics, consumer goods, and others. The medical segment is estimated to be the fastest-growing application segment during the forecast period, in terms of both value and volume. The growth is attributed to the growing claim for throwaway-medical devices and implants.

    Liquid Silicone Rubber (LSR) Market Share: By Region

    In terms of regions, Asia-Pacific is the largest market for liquid silicone rubber. The region is likely to maintain its dominance during the forecast period. China and India are the growth engines of the region. China is estimated to be the largest, while India is estimated to be the fastest-growing market in the coming five years. The market is driven by the presence of global manufacturing giants in the region. North America is also estimated as the largest market for liquid silicone rubber during the forecast period. The USA is the fastest-growing market in the region. The market is sustained by the increasing demand for implants, disposable medical devices, and equipment parts.

    Liquid Silicone Rubber (LSR) Market: Key Players

    Some of the major players in the liquid silicone rubber market are DOW Corning, Wacker Chemie AG, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Bluestar Silicones (Elkem Group), KCC Corporation, Nusil Technology LLC, Simtec Silicone Parts, LLC, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., and Reiss Manufacturing Inc.

     

    Market Scope & segmentation

    Liquid silicone rubber is a type of silicone that is cured by platinum. Such silicone type enjoys high stability and is known to have high resistance towards high temperature.

    Liquid silicone rubber has its application in a number of areas such as automotive, medical, electronics, consumer goods, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Liquid Silicone Rubber (LSR) Market Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The liquid silicone rubber market is segmented into the following categories. 

    Liquid Silicone Rubber Market Size, Share & Forecast, by Molding Technology Type:

    • Liquid Injection Molding System
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Molding Technology Type Analysis: Molding Process)

    Liquid Silicone Rubber Market Size, Share & Forecast, by Grade Type:

    • Industrial Grade (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical Grade (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food Grade (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Liquid Silicone Rubber Market Size, Share & Forecast, by Application Type:

    • Automotive
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Components and Automotive Parts)
    • Medical
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Implants, Medical Devices, and Medical Equipment Parts)
    • Electrical & Electronics
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Electrical Insulation and Electrical & Optical Components)
    • Consumer Goods
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Home Appliance Components, Food Contact Products, Water Contact Products, and Infant Care Products)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Cosmetic Applications, Building & Construction, Aerospace & Aeronautics, and Industrial Components)

    Liquid Silicone Rubber Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the molding technology types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Liquid Silicone Rubber (LSR)?

    Liquid silicone rubber is a type of silicone that is cured by platinum. Such silicone type enjoys high stability and is known to have high resistance towards high temperature. Liquid silicone rubber has its application in a number of areas such as automotive, medical, electronics, consumer goods, and others.

    What will be the CAGR of the Liquid Silicone Rubber (LSR) Market?

    Liquid Silicone Rubber (LSR) Market is likely to witness an impressive CAGR of 10.2% during the forecast period.

    Which country/region is expected to remain the largest Liquid Silicone Rubber (LSR) Market?

    In terms of regions, Asia-Pacific is the largest market for liquid silicone rubber.

    Who are the key players in the Liquid Silicone Rubber (LSR) Market?

    Some of the major players in the liquid silicone rubber market are DOW Corning, Wacker Chemie AG, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Bluestar Silicones (Elkem Group), KCC Corporation, Nusil Technology LLC, Simtec Silicone Parts, LLC, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., and Reiss Manufacturing Inc.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities