Liquid Silicone Rubber Market Segmentation by Types, Application, Regions, Manufacturers Till 2023

The global Liquid Silicone Rubber market is expected to witness considerable growth during the forecast period (2016-2022). The growth in the global market is being driven by factors such as increasing demand from electrical and electronics, and medical devices industry. LSR has properties of organic as well as inorganic materials

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Liquid silicone rubber (LSR) is a type of elastomer with better electrical properties, flame retardancy and chemical stability, and high heat and cold resistivity. These elastomers are used for the production of high quality parts and devices in automotive, medical devices, electrical and electronics, consumer products and others.

The global medical grade LSR market is expected to witness the highest growth, during the forecast period. Increasing adoption of LSR for manufacturing medical devices and implants is the key growth driver for the global medical grade LSR market.

The global liquid silicone rubber market has been categorized on the basis of LSR grade and application. On the basis of grade, the global market has been segmented into industrial grade, medical grade and food grade.

Geographically, North America led the global LSR market in 2015, due to the technological advancements in the region and high demand for high quality products in medical, automotive, electrical and electronics industry. The U.S. contributed the largest revenue to the North American and the global LSR market.

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Some of the key players in the global liquid silicone rubber market are Dow Chemical Company, Wacker Chemie AG, Momentive Performance Materials Inc., China National Bluestar (Group) Co. Ltd., Shin-Etsu Chemical Co. Ltd., Simtec Silicone Parts, LLC and KCC Corporation.

Global Liquid Silicone Rubber Market Segmentation

By Grade

• Industrial
• Medical
• Food

By Application

• Automotive
• Medical
• Electrical & electronics
• Consumer goods
• Others

By Geography

• North America
  • The U.S.
  • Canada
  • Rest of North America
• Europe
  • The U.K.
  • Italy
  • France
  • Germany
  • Russia
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Thailand
  • Rest of APAC
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Egypt
  • Rest of Middle East & Africa

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