Reports
Sale
Global Liquid Silicone Rubber Market Growth, Forecast: By Grade: Food Grade, Medical Grade, Industrial Grade; By Application: Medical, Automotive, Consumer Goods, Electronics and Electrical, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Liquid Silicone Rubber Market Outlook
The global liquid silicone rubber market stood at a value of around USD 2.89 billion in 2023. The market is further expected to grow at a CAGR of 8% in the forecast period of 2024-2032 to attain a value of USD 5.71 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Medical Segment to Occupy a Significant Market Share of the Global Liquid Silicone Rubber Industry
Based on application, the medical segment is predicted to account for a substantial market share in the liquid silicone rubber industry. This growth can be associated with the heightened adoption of liquid silicone rubber in the medical sector owing to its favourable properties, such as the reduced risk of bacterial infections. Moreover, its purity, flexibility, and sterilisation properties are increasingly in demand for medical equipment such as medical cables, respiratory masks, medical tubes, and catheters, among others. Furthermore, the growing investments by governments for the expansion of the medical sector are expected to significantly contribute to the market growth.
The Asia Pacific to Account for a Significant Market Share of the Global Liquid Silicone Rubber Industry
The Asia Pacific is estimated to possess a significant share of the liquid silicone rubber industry in the forecast period. This can be attributed to the increased investments in the development of the healthcare sector in the region. In addition, the growing use of liquid silicone rubber in the manufacturing of other products such as industrial equipment is also expected to drive the market growth. Moreover, the growing economies in the region, such as China and India, are also adding to the growth of the liquid silicon rubber industry. The rapidly expanding industries in these countries such as the automotive industry, which utilises liquid silicone rubber in various parts such as spark plugs, single wire seals, door light switch, sensor covers, and cushions, among others, is aiding the market. Thus, these factors are estimated to augment the market growth in the coming years.
Liquid Silicone Rubber: Market Segmentation
Liquid silicone rubber is a high purity, two-part platinum cured elastomer that can be injected into a mould cavity to manufacture technical parts where strength, resistance, and high quality are a necessity. Liquid silicone rubbers are used in different industry verticals. This is a viscous but pumpable material. In addition, some of its benefits include high biocompatibility, durability, compatibility with a wide range of temperatures, and good electrical properties, which make it ideal for insulation and precise conductivity protection. Furthermore, it is transparent and can, therefore, be coloured in any pigment. Tts applications include seals, sealing membranes, electric connectors, and medical applications, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on grade, the market is divided into:
- Food Grade
- Medical Grade
- Industrial Grade
On the basis of application, the industry can be segmented into:
- Medical
- Automotive
- Consumer Goods
- Electronics and Electrical
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Heightened Utilisation in the Food Sector and Medical Sector to Augment the Growth of the Global Liquid Silicone Rubber Industry
Liquid silicone rubber is being exceedingly utilised in the food sector and the healthcare industry. In the food sector, the food grade silicone is used, which is extremely versatile and resistant to extreme temperatures. Some of its applications include baking moulds, ice trays, plastic spatulas, knife grips and spoons, among others. Moreover, with further research and development, newer variants of food grade silicones are being created to enhance their ability. Furthermore, the liquid silicone rubber is increasingly used in the medical sector, which demands high quality and hygienic products. Its favourable properties such as durability, tensile strength, hardness and excellent stability, and biocompatibility make it suitable for medical devices. In addition, increasing investments in the healthcare infrastructure in most countries due to the rapidly increasing geriatric population is expected to drive the market growth in the forecast period.
Key Industry Players in the Global Liquid Silicone Rubber Market
The report gives a detailed analysis of the following key players in the global liquid silicone rubber market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Shin-Etsu Chemical Co, Ltd.
- KCC Corporation
- Dow Inc.
- Wacker Chemie AG
- Momentive Performance Materials Inc.
- Jiangsu Tianchen New Materials Co., Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Grade |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Liquid Silicone Rubber Market Analysis
8.1 Key Industry Highlights
8.2 Global Liquid Silicone Rubber Historical Market (2018-2023)
8.3 Global Liquid Silicone Rubber Market Forecast (2024-2032)
8.4 Global Liquid Silicone Rubber Market by Grade
8.4.1 Food Grade
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Medical Grade
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Industrial Grade
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Liquid Silicone Rubber Market by Application
8.5.1 Medical
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Consumer Goods
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Electronics and Electrical
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Liquid Silicone Rubber Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Liquid Silicone Rubber Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Liquid Silicone Rubber Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Liquid Silicone Rubber Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Liquid Silicone Rubber Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Liquid Silicone Rubber Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Shin-Etsu Chemical Co., Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 KCC Corporation
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Dow Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Wacker Chemie AG
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Momentive Performance Materials Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Jiangsu Tianchen New Materials Co., Ltd
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Liquid Silicone Rubber Market: Key Industry Highlights, 2018 and 2032
2. Global Liquid Silicone Rubber Historical Market: Breakup by Grade (USD Billion), 2018-2023
3. Global Liquid Silicone Rubber Market Forecast: Breakup by Grade (USD Billion), 2024-2032
4. Global Liquid Silicone Rubber Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Liquid Silicone Rubber Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Liquid Silicone Rubber Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Liquid Silicone Rubber Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Liquid Silicone Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Liquid Silicone Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Liquid Silicone Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Liquid Silicone Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Liquid Silicone Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Liquid Silicone Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Liquid Silicone Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Liquid Silicone Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Liquid Silicone Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Liquid Silicone Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Liquid Silicone Rubber Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 2.89 billion.
The market is projected to grow at a CAGR of 8% between 2024 and 2032.
The major drivers of the market include the increased demand for liquid silicone rubber in major industry verticals such as automotive sector, and rising investments in the research and development of the liquid silicone rubber by leading manufacturers.
The key trends of the market include the heightened applications in the medical and food sectors, rapidly ageing population, and increasing investments in the healthcare infrastructure.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant grades include food grade, medical grade, and industrial grade.
The various applications of liquid silicone rubber include medical, automotive, consumer goods, electronics and electrical, among others.
The key players in the global liquid silicone rubber market are Shin-Etsu Chemical Co, Ltd, KCC Corporation, Dow Inc, Wacker Chemie AG, Momentive Performance Materials Inc, and Jiangsu Tianchen New Materials Co., Ltd, among others.
Analyst Review
The global liquid silicone rubber market attained a value of USD 2.89 billion in 2023, driven by the heightened implementation in the medical and food sector. Aided by increasing investments in the healthcare sector and rapidly ageing population, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By grade, the market can be distributed into food grade, medical grade, and industrial grade. On the basis of application, the industry can be segmented into medical, automotive, consumer goods, electronics and electrical, among others. The major regional markets for the liquid silicone rubber are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Shin-Etsu Chemical Co, Ltd, KCC Corporation, Dow Inc, Wacker Chemie AG, Momentive Performance Materials Inc, and Jiangsu Tianchen New Materials Co., Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER