The Global Liquid Silicone Rubber Market is valued at approximately USD 2.81 billion in 2024 and is projected to expand robustly at a CAGR of 8.50% during the forecast period from 2025 to 2035. Liquid Silicone Rubber (LSR), a versatile, high-purity thermoset elastomer, continues to gain ground across numerous sectors due to its superior biocompatibility, chemical resistance, and remarkable thermal stability. Originally developed to meet the rigorous standards of the healthcare and automotive sectors, LSR has evolved into a material of choice for precision-engineered components that demand durability and design flexibility. With rising consumer expectations and industry push for miniaturization, manufacturers are leveraging LSR’s moldability and performance consistency in mass production applications ranging from baby care products to automotive gaskets and implant-grade medical devices.
The accelerating demand for lightweight, durable materials across sectors has fueled a profound uptake in LSR-based products. Technological progressions in injection molding systems and the surge in medical-grade LSR consumption—especially for wearable medical devices, prosthetics, and diagnostics—have solidified LSR’s role in modern manufacturing. As per industry estimates, the automotive sector has become a crucial end-user, utilizing LSR for its vibration dampening and heat-resisting characteristics in turbochargers, ignition systems, and sensors. Additionally, consumer preference is leaning toward products that are hypoallergenic, non-toxic, and soft to the touch—creating lucrative growth avenues within the personal care, electronics, and kitchenware segments.
From a geographic standpoint, North America spearheaded the global market in 2025, powered by its entrenched healthcare infrastructure, flourishing automotive manufacturing base, and high R&D expenditure. The U.S. remains the epicenter for innovation in medical-grade and food-grade LSR, facilitated by stringent FDA regulations and a strong regulatory framework favoring product reliability. Meanwhile, Asia Pacific is forecasted to be the fastest-growing region during the projection period, supported by rapid industrialization, booming consumer goods production, and rising automotive investments in China, India, and Southeast Asia. Europe, with its focus on sustainability and strict safety standards, also plays a vital role in LSR adoption across medical and food packaging applications.
Major market players included in this report are:
• BASF SE
• Dow Inc.
• Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• Momentive Performance Materials Inc.
• Elkem ASA
• KCC Corporation
• Nusil Technology LLC
• Reiss Manufacturing, Inc.
• Simtec Silicone Parts LLC
• Laur Silicone, Inc.
• Stockwell Elastomerics, Inc.
• Avantor, Inc.
• Rogers Corporation
• Zhejiang Xinan Chemical Industrial Group Co., Ltd.
Global Liquid Silicone Rubber Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope – Free report customization (equivalent up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Grade:
• Medical
• Food
• Industrial
By Application:
• Medical
• Automotive
• Consumer Goods
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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