Global Liquid Sillicone Rubber Market Analysis, 2024-2030
Description
Liquid silicone rubber is a dominant material to deliver durable and effective products in medical and automotive industries. It plays huge role in delivering light weight suitable products according to requirements of customers. Also, it helps to deliver stiff, tasteless and odorless products in food industry and in medical industry.
The main usage of liquid silicone rubber is in automotive industry and medical industry. Liquid silicone rubber delivers different automotive parts with advance features for example gaskets, valves, membranes etc. In medical industry liquid silicone rubber is used in delivering rings, stoppers, and baskets etc. Consumer goods and electrical or electronics devices also use liquid silicone rubber for example LED lights in devices, or food equipment like knives, spoons etc.
The global liquid silicone rubber market report throws light on the current market conditions of the same by conducting over 304 hours of both primary and secondary research. This market is supposedly growing and increasing its effective radius and becoming popular as per the report. This global market is valued at US $ xxx billion dollars now in 2018 which is forecasted to reach an impressive US $ xxx billion dollars at the year end of 2023 growing at an outstanding xx% annually.
Modern lifestyle provides efficient products with better forms. Components making use of liquid silicone rubber are light-weight and thus reduce fuel consumption and emission of CO2 and NO2. Many automotive manufacturers are using liquid silicone rubber to deliver automotive components for example dampers, valves, seals, windshield wiper belt and membranes etc. Medical industry and food industry are in demand with increasing population. Liquid silicone rubber is useful in many medical and food products. All these factors are contributing to the growth of liquid silicone market globally.
Though liquid silicone rubber helps in reducing CO2 level in air but there is increase in negative effects due to manufacturing and production process of liquid silicone rubber. The negative effects are mainly on environment for example water discharge in sea, lake making it contaminated, increase in air pollution etc. These are main reasons to hamper growth of liquid silicone rubber. Also, bio-degradable products are recommended by many governments, and rubber products are not completely bio-degradable hence the growth has slowed in recent times.
Liquid silicone rubber is widely used across regions like US from North America, Germany, France and UK from Europe, China, India and Japan from Asia Pacific, Brazil from Central and South America and lastly Middle East and Africa.
The domination players in global liquid silicone rubber market are are Dow Corning, Momentive Performance Materials Inc., KCC Corporation, Simtec Silicone Parts, LLC, Bluestar, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Nusil Technology LLC, Laur Silicon.
Our Approach
The research techniques employed by Market Krystal includes the bifurcation of various market segments of global liquid silicone rubber market, followed by recognition of growth factors witnessed in every segment. The market forecasts are then conducted by taking the inputs shared by the business leaders across the liquid silicone rubber industry value chain into consideration. Market Krystal has conducted more than 43 interviews for this comprehensive study, the fine points of which are mentioned below:
By company type:
Manufacturers (25%), Suppliers (20%), Consumers (30%), Researchers (15%), Independent industry consultant (10%)
By geography:
North America (25%), Asia (35%), Europe (40%)
By designation:
Top level (45%), Operation level (25%), Mid-level (30%)
Contents of the report:
The main usage of liquid silicone rubber is in automotive industry and medical industry. Liquid silicone rubber delivers different automotive parts with advance features for example gaskets, valves, membranes etc. In medical industry liquid silicone rubber is used in delivering rings, stoppers, and baskets etc. Consumer goods and electrical or electronics devices also use liquid silicone rubber for example LED lights in devices, or food equipment like knives, spoons etc.
The global liquid silicone rubber market report throws light on the current market conditions of the same by conducting over 304 hours of both primary and secondary research. This market is supposedly growing and increasing its effective radius and becoming popular as per the report. This global market is valued at US $ xxx billion dollars now in 2018 which is forecasted to reach an impressive US $ xxx billion dollars at the year end of 2023 growing at an outstanding xx% annually.
Modern lifestyle provides efficient products with better forms. Components making use of liquid silicone rubber are light-weight and thus reduce fuel consumption and emission of CO2 and NO2. Many automotive manufacturers are using liquid silicone rubber to deliver automotive components for example dampers, valves, seals, windshield wiper belt and membranes etc. Medical industry and food industry are in demand with increasing population. Liquid silicone rubber is useful in many medical and food products. All these factors are contributing to the growth of liquid silicone market globally.
Though liquid silicone rubber helps in reducing CO2 level in air but there is increase in negative effects due to manufacturing and production process of liquid silicone rubber. The negative effects are mainly on environment for example water discharge in sea, lake making it contaminated, increase in air pollution etc. These are main reasons to hamper growth of liquid silicone rubber. Also, bio-degradable products are recommended by many governments, and rubber products are not completely bio-degradable hence the growth has slowed in recent times.
Liquid silicone rubber is widely used across regions like US from North America, Germany, France and UK from Europe, China, India and Japan from Asia Pacific, Brazil from Central and South America and lastly Middle East and Africa.
The domination players in global liquid silicone rubber market are are Dow Corning, Momentive Performance Materials Inc., KCC Corporation, Simtec Silicone Parts, LLC, Bluestar, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Nusil Technology LLC, Laur Silicon.
Our Approach
The research techniques employed by Market Krystal includes the bifurcation of various market segments of global liquid silicone rubber market, followed by recognition of growth factors witnessed in every segment. The market forecasts are then conducted by taking the inputs shared by the business leaders across the liquid silicone rubber industry value chain into consideration. Market Krystal has conducted more than 43 interviews for this comprehensive study, the fine points of which are mentioned below:
By company type:
Manufacturers (25%), Suppliers (20%), Consumers (30%), Researchers (15%), Independent industry consultant (10%)
By geography:
North America (25%), Asia (35%), Europe (40%)
By designation:
Top level (45%), Operation level (25%), Mid-level (30%)
Contents of the report:
- Insights on the global liquid silicone rubber industry dynamics
- Estimation of the current global liquid silicone rubber market size in terms of value and volume.
- Global liquid silicone rubber market breakup based on grade (food, industrial, medical), application (medical, automotive, consumer goods, electrical & electronics, others) and region (North America, Europe, Asia-Pacific, Middle East, Africa, Latin America)
- Substantiated global liquid silicone rubber market forecast for the next five years
- In depth analysis of the key companies working across different nodes of global liquid silicone rubber industry value chain
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Global Market Analysis
- Global liquid silicone rubber market size (2024–2030)
- By value
- By volume
- Global liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 4. North America Market Analysis
- North America liquid silicone rubber market size (2024–2030)
- By value
- By volume
- North America liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 5. Europe Market Analysis
- Europe liquid silicone rubber market size (2024–2030)
- By value
- By volume
- Europe liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 6. Asia-Pacific Market Analysis
- Asia-Pacific liquid silicone rubber market size (2024–2030)
- By value
- By volume
- Asia-Pacific liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 7. Middle East Market Analysis
- Middle East liquid silicone rubber market size (2024–2030)
- By value
- By volume
- Middle East liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 8. Africa Market Analysis
- Africa liquid silicone rubber market size (2024–2030)
- By value
- By volume
- Africa liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 9. Latin America Market Analysis
- Latin America liquid silicone rubber market size (2024–2030)
- By value
- By volume
- Latin America liquid silicone rubber market share (2024–2030)
- By grade
- By application
- By company
- By geography
- 10. Competitive Intelligence
- KCC Corporation
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 11. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
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