Liquid Silicone Rubber Market
Liquid Silicone Rubber Market- The growing healthcare industry and increasing aging
population are expected to be major factors
Silicone rubber is defined as an elastomer of silicone that also contains hydrogen, carbon, and
oxygen. Silicone rubber is available as one or two-part polymers and comprises fillers to improve
properties and reduce costs. Silicone rubber is stable, non-reactive, and resistant to extreme
environments and temperatures. It can be used in a wide range of products, including food storage
products, textiles, footwear, electronics, and medical devices, among others. This is mainly
attributed to its advantageous properties and ease of manufacturing. One of the major factors
driving growth of liquid silicone rubber market is increasing demand for electronics. Silicon rubber
finds wide application in the healthcare industry and thus, rampant growth of this sector across the
globe is further fueling demand for liquid silicone rubber.
The global market can be segmented on the basis of application into the following:
•Automotive components and parts
•Medical devices
•Home appliances
•Consumer goods
•Cosmetics
The global market can be segmented on the basis of end use industry into the following:
•Automotive and aerospace
•Healthcare
•Electrical and electronics
The global market can be categorized on the basis of region into the following:
•North America
•Latin America
•Europe
•Asia Pacific
•Africa
•Middle East
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Major Keyplayers: Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd, DOW Corning, KCC
Corporation, Momentive Performance Materials Inc., Bluestar Silicones (Elkem Group), Simtec
Silicone Parts, LLC, Zhejiang Xinan Chemical Industrial Group Co., Ltd., and Reiss Manufacturing
Inc
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