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Global Liquid Silicone Rubber Market 2017-2021

Global Liquid Silicone Rubber Market 2017-2021

About Liquid Silicone Rubber

One of the major and fast-growing products of silicone elastomers is liquid silicone rubber (LSR). These LSR products consist of silicone materials that have low viscosity and are in liquid form. The various properties of LSR include durability, biocompatibility, temperature and chemical resistance, electrical and mechanical properties, transparency, and pigmentation.

Technavio’s analysts forecast the global liquid silicone rubber market to grow at a CAGR of 6.61% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global liquid silicone rubber market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of liquid silicone rubber.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Liquid Silicone Rubber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • KCC
  • Momentive
  • Shin-Etsu Chemical
  • The Dow Chemical Company
  • The Wacker Chemie
Other prominent vendors
  • Accurate Rubber Industries
  • CHT
  • ELMET
  • Elkem Silicones
  • GW Plastics
  • MESGO
  • NUSIL
  • Quantum Silicones
  • Reiss Manufacturing
  • SIGMA Engineering
  • Simtec Silicone Parts
  • Stockwell Elastomerics
  • Zhejiang Xinan Chemical Industrial Group
Market driver
  • High investment on infrastructure in emerging countries
  • For a full, detailed list, view our report
Market challenge
  • Stringent clinical and regulatory policies
  • For a full, detailed list, view our report
Market trend
  • High demand for transparent LSR silicone elastomers in optical application
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Liquid Silicone Rubber Market 2017-2021

Technavio recognizes the following companies as the key players in the global liquid silicone rubber market KCC, Momentive, Shin-Etsu Chemical, The Dow Chemical Company, and the Wacker Chemie

Other Prominent Vendors in the market are: Accurate Rubber Industries, CHT, ELMET, Elkem Silicones, GW Plastics, MESGO, NUSIL, Quantum Silicones, Reiss Manufacturing, SIGMA Engineering, Simtec Silicone Parts, Stockwell Elastomerics, and Zhejiang Xinan Chemical Industrial Group.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is High demand for transparent LSR silicone elastomers in optical application. The high demand for highly transparent LSR silicone elastomers in various end-user applications has motivated manufacturers to increase their R&D expenses to formulate innovative products. This has resulted in the production of innovative transparent LSR material used in the optical application. This material is used as a replacement for Polycarbonates (PC) and Poly methyl methacrylate (PMMA). This can be attributed to its various benefits such as durability, optical clarity, heat, and UV light resistance.”

According to the report, one of the major drivers for this market is High investment on infrastructure in emerging countries. The global construction industry is growing at a faster rate owing to the major contribution from the emerging countries. In 2016, the global construction industry registered $8.82 trillion of revenue, whereas, in 2012, it was only $7.91 trillion. It is expected to reach $14.98 trillion by 2025. The emerging countries in APAC and ROW have contributed a share of 51.9% of the total revenue generated by the construction industry in 2016. They are very likely to account for 62.5% of the market share by 2025. The governments of these regions are investing highly in residential homes owing to the migration of a large number of people toward the metropolitan cities in lieu of jobs, better lifestyle, and other amenities.

Further, the report states that one of the major factors hindering the growth of this market is Stringent clinical and regulatory policies. The biocompatible LSR products are used in critical health related medical application processes. So, it is mandatory for the healthcare providers to follow both pre-market and post-market evaluation of medical devices used in medical practices. The EU and the US regulatory bodies have taken steps to streamline clinical policies and reforms. The EU has formulated regulations to monitor the safety and performance of medical devices used in the clinical processes.

Companies Mentioned

KCC, Momentive, Shin-Etsu Chemical, The Dow Chemical Company, the Wacker Chemie, Accurate Rubber Industries, CHT, ELMET, Elkem Silicones, GW Plastics, MESGO, NUSIL, Quantum Silicones, Reiss Manufacturing, SIGMA Engineering, Simtec Silicone Parts, Stockwell Elastomerics, and Zhejiang Xinan Chemical Industrial Group.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global LSR market
    • Market size and forecast
      • Table Global LSR market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by grade type
    • Global LSR market by grade31
      • Table Global LSR market by grade 2016
      • Table Global LSR market by grade 2021
    • Global LSR market by industrial grade
      • Table Global LSR market by industrial grade 2016-2021 ($ millions)
    • Global LSR market by food grade
      • Table Global LSR market by food grade 2016-2021 ($ millions)
    • Global LSR market by medical grade
      • Table Global LSR market by medical grade 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Market size & forecast
    • Regional comparison
      • Table Regional comparison
    • North America - market size & forecast
      • Table North America - market size & forecast
      • Table North America - Year-over-year growth
    • APAC - market size & forecast
      • Table APAC - market size & forecast
      • Table APAC - Year-over-year growth
      • Table Passenger car production in Asia: 2016
    • Europe - market size & forecast
      • Table Europe - market size & forecast
      • Table Europe - Year-over-year growth
    • ROW - market size & forecast
      • Table ROW - market size & forecast
      • Table ROW- Year-over-year growth
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Table Optical application of transparent LSR-silicone elastomers
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in global LSR market 2016
    • Other prominent vendors
  • Key vendor analysis
    • KCC
      • Table KCC: Business segmentation
      • Table Various applications of LSR products
    • Momentive
      • Table Momentive: Business segmentation by revenue 2016
      • Table Momentive: Geographic segmentation by revenue 2016
      • Table Momentive: end-user industries of LSR products with application
    • Shin-Etsu Chemical
      • Table Shin-Etsu Chemical: Business segmentation by revenue 2016
      • Table Shin-Etsu Chemical: Geographic segmentation by revenue 2016
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016
      • Table The Dow Chemical Company: Geographical segmentation by revenue 2016
    • Wacker Chemie
      • Table Wacker Chemie: Business segmentation by sales 2016
      • Table Wacker Chemie: Business segmentation by sales 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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