Liquid Silicone Rubber Market Research Report - Forecast till 2030

Liquid Silicone Rubber Market Research Report: Information by Grade (Food, Medical, Industrial), by Application (Automotive, Electrical & Electronics, Consumer Goods, Medical and Others) - Forecast till 2030

ID: MRFR/CnM/3978-HCR | February 2021 | Region: Global | 135 Pages

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Liquid Silicone Rubber Market

5 Industry Overview of Global Liquid Silicone Rubber Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Liquid Silicone Rubber Market by Grade

7.1 Introduction

7.2 Food

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Medical

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Industrial

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Liquid Silicone Rubber Market by Application

8.1 Introduction

8.2 Automotive

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Electrical & Electronics

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Consumer goods

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Medical

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Liquid silicone rubber Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Grade, 2020-2027

9.2.3 Market Estimates & Forecast by Application, 2020-2027

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Grade, 2020-2027

9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Grade, 2020-2027

9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.3 Market Estimates & Forecast by Application, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.9.3 Market Estimates & Forecast by Application, 2020-2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Grade, 2020-2027

9.3.10.3 Market Estimates & Forecast by Application, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.5.3Market Estimates & Forecast by Application, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Grade, 2020-2027

9.4.9.3 Market Estimates & Forecast by Application, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Grade, 2020-2027

9.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Grade, 2020-2027

9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Grade, 2020-2027

9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Grade, 2020-2027

9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Grade, 2020-2027

9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Grade, 2020-2027

9.5.8.2 Market Estimates & Forecast by Application, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Grade, 2020-2027

9.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Grade, 2020-2027

9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Grade, 2020-2027

9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Grade, 2020-2027

9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast by Grade, 2020-2027

9.6.7.3 Market Estimates & Forecast by Application, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 Wacker Chemie AG

11.1.1 Company Overview

11.1.2 Grade/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Dow Corning Corporation

11.2.1 Company Overview

11.2.2 Grade/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Momentive Performance Materials Inc.

11.3.1 Company Overview

11.3.2 Grade/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Shin-Etsu Chemical Co., Ltd.

11.4.1 Company Overview

11.4.2 Grade/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 KCC Corporation

11.5.1 Company Overview

11.5.2 Grade/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Elkem Group

11.6.1 Company Overview

11.6.2 Grade/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Simtec Silicone Parts, LLC

11.7.1 Company Overview

11.7.2 Grade/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Zhejiang Xinan Chemical Industrial Group Co.

11.8.1 Company Overview

11.8.2 Grade/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Stockwell Elastomerics Inc.

11.9.1 Company Overview

11.9.2 Grade/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Reiss Manufacturing Inc.

11.10.1 Company Overview

11.10.2 Grade/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12. Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2027)

Table 2 Global Liquid silicone rubber Market: By Region, 2020-2027

Table 3 North America Liquid silicone rubber Market: By Country, 2020-2027

Table 4 Europe Liquid silicone rubber Market: By Country, 2020-2027

Table 5 Asia-Pacific Liquid silicone rubber Market: By Country, 2020-2027

Table 7 Middle East & Africa Liquid silicone rubber Market: By Country, 2020-2027

Table 6 Latin America Liquid silicone rubber Market: By Country, 2020-2027

Table 8 Global Liquid silicone rubber by Grades Market: By Regions, 2020-2027

Table 9 North America Liquid silicone rubber by Grades Market: By Country, 2020-2027

Table 10 Europe Liquid silicone rubber by Grades Market: By Country, 2020-2027

Table11 Asia-Pacific Liquid silicone rubber by Grades Market: By Country, 2020-2027

Table13 Middle East & Africa Liquid silicone rubber by Grades Market: By Country, 2020-2027

Table12 Latin America Liquid silicone rubber by Grades Market: By Country, 2020-2027

Table14 North America Liquid silicone rubber for Application Market: By Country, 2020-2027

Table13 Europe Liquid silicone rubber for Application Market: By Country, 2020-2027

Table14 Asia-Pacific Liquid silicone rubber for Application Market: By Country, 2020-2027

Table16 Middle East & Africa Liquid silicone rubber for Application Market: By Country, 2020-2027

Table15 Latin America Liquid silicone rubber for Application Market: By Country, 2020-2027

Table23 Global Grades Market: By Region, 2020-2027

Table24 Global Application Market: By Region, 2020-2027

Table25 North America Liquid silicone rubber Market, By Country

Table26 North America Liquid silicone rubber Market, By Grades

Table27 North America Liquid silicone rubber Market, By Application

Table28 Europe: Liquid silicone rubber Market, By Country

Table29 Europe: Liquid silicone rubber Market, By Grades

Table30 Europe: Liquid silicone rubber Market, By Application

Table31 Asia-Pacific: Liquid silicone rubber Market, By Country

Table32 Asia-Pacific: Liquid silicone rubber Market, By Grades

Table33 Asia-Pacific: Liquid silicone rubber Market, By Application

Table36 Middle East & Africa: Liquid silicone rubber Market, By Country

Table37 Middle East & Africa Liquid silicone rubber Market, By Grades

Table33 Middle East & Africa: Liquid silicone rubber Market, By Application

Table34 Latin America: Liquid silicone rubber Market, By Country

Table35 Latin America Liquid silicone rubber Market, By Grades

Table33 Latin America: Liquid silicone rubber Market, By Application

LIST OF FIGURES

FIGURE 1 Global Liquid silicone rubber Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Liquid silicone rubber Market

FIGURE 4 Value Chain of Global Liquid silicone rubber Market

FIGURE 5 Share of Global Liquid silicone rubber Market in 2020, by country (in %)

FIGURE 6 Global Liquid silicone rubber Market, 2020-2027,

FIGURE 7 Sub segments of Grade

FIGURE 8 Global Liquid silicone rubber Market size by Grade, 2020

FIGURE 9 Share of Global Liquid silicone rubber Market by Grade, 2020-2027

FIGURE 10 Sub segments of Application

FIGURE 11 Global Liquid silicone rubber Market size by Application, 2020

FIGURE 12 Share of Global Liquid silicone rubber Market by Application, 2020-2027

Liquid Silicone Rubber Market

The global liquid silicone rubber (LSR) market is projected to reach USD 3.92 Billion by 2030 at a CAGR of 9.4% from 2021 to 2030.

$3.92 Billion

Market Size

9.4%

CAGR

North America

Dominating Region

2021-2030

Forecast Period

Segmentation

Key Players

Wacker Chemie AG (Germany)
Dow Corning Corporation (U.S.)
Momentive Performance Materials Inc. (U.S.)
Shin-Etsu Chemical Co. Ltd. (Japan)
KCC Corporation (South Korea)
Elkem Group (China)
Simtec Silicone Parts
LLC (U.S.)
Zhejiang Xinan Chemical Industrial Group Co. Ltd. (China)
Stockwell Elastomerics Inc. (U.S.)
Reiss Manufacturing Inc. (U.S.)

Drivers

Growing awareness about health concern coupled with a rise in aging population is driving the Liquid Silicone Rubber Market

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Liquid Silicone Rubber Market Synopsis

Liquid silicone rubber is a pure platinum-cured silicone elastomer holding superior properties such as flexibility, low viscosity, high tensile strength, and ability to withstand extreme temperature. Liquid silicone rubber (LSR) is available in different grades such as medical, food, and industrial among others. Owing to unique properties, the material can be easily incorporated in various applications such as medical implants, automotive parts, and consumer goods.

Among the grade, a medical grade of liquid silicone rubber is holding largest Liquid Silicone Rubber Market Share. Growing awareness about health concern coupled with a rise in aging population is driving the Liquid Silicone Rubber Market in medical application. Moreover, medical grades are temperature resistance and can easily sterilize, which makes them compatible with various medical devices and accessories such as cushioning pads syringe stoppers, liquid feeding bottles, dialysis filters, and oxygen mask instruments among other accessories. Similarly, properties such as high thermal stability, stress and compression resistance make liquid silicone rubber an ideal choice for automotive parts, which is likely to have a positive influence on Liquid Silicone Rubber Market Size. Automotive application witnessed a healthy growth owing to high growth in automotive production leading to minimizing waste generation and shorter cycle time further anticipated to boost Liquid Silicone Rubber Market. However, through extensive research and development to produce innovative material for use in medical, automotive and electronics industry is projected to open new opportunities for major players in the coming years.

The Liquid Silicone Rubber Market Share by Application:

liquid silicone rubber

Product: MRFR analysis

Regional Analysis

Liquid Silicone Rubber Market is segmented across five regions such as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Amon these, Asia Pacific is the leading region due to growing demand for the product in electrical & electronics and medical applications. Favorable government policies such as 100% FDI in the automotive industry is likely to propel the market growth in this region. China and India witnessed strong market due to the presence of established players, easy availability of raw material, and strong distribution network. China is leading market in electronic industry and exports such products with impeccable technology innovations, which, in turn, impact positively on market growth.

North America is projected to grow significantly followed by Europe region. Rising expenditure on medical devices along with growing healthcare industry is anticipated to augment the Liquid Silicone Rubber Market Growth. Installation of huge R&D facility, technological advancement in medical devices and growing application of LSR in electronic industry are further posing new opportunity in the coming years. Moreover, multinational companies are focusing on collaboration or joint venture with distributors to achieve sustainable growth in the overall market.

The European market witnessed a remarkable growth in the last couple of years. It is projected that due to technological advancement to manufacture LSR in end-use industries, the Liquid Silicone Rubber Market is set to grow at a higher rate during the forecast period. Growing demand for lightweight material in the automobile industry in the region is also fueling the market growth. Moreover, the growing mergers & acquisitions among the leading companies is set to propel the market in the U.K, Italy, Germany, and France over the forecast period.

The Middle East & African region is estimated to witness a significant growth in the market due to the growing adoption of liquid silicone rubber in healthcare and consumer goods industries. Moreover, Latin America is anticipated to witness a higher growth in the Liquid Silicone Rubber Market due to increasing demand for liquid silicone rubber in medical, transportation, electrical & electronics, and others.

Segmental Analysis

The Liquid Silicone Rubber Market is segmented into the Grade and Application. On the basis of the Grade, the Liquid Silicone Rubber Market is segregated into food, medical and industrial segments. The Liquid Silicone Rubber Market by Application is further categorized into automotive, electrical & electronics, consumer goods, medical and others.

Key Players

Some of the prominent players operating in the Liquid Silicone Rubber Market are Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), KCC Corporation (South Korea), Elkem Group (China), Simtec Silicone Parts, LLC (U.S.), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China), Stockwell Elastomerics Inc. (U.S.) and Reiss Manufacturing Inc. (U.S.) among others.

Geographical Analysis

The Liquid Silicone Rubber Market Report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Intended Audience

Liquid Silicone Rubber Market manufacturers

Traders and Distributors of Liquid Silicone Rubber Market

Production Process Industries

Potential Investors

Raw Material Suppliers

Nationalized Laboratory

Report Scope:

Report Attribute/Metric	Details
Market Size	2030: Significant value
CAGR	(2022-2030): 4.10% CAGR
Base Year	2021
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Grade, Application and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), KCC Corporation (South Korea), Elkem Group (China), Simtec Silicone Parts, LLC (U.S.), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China), Stockwell Elastomerics Inc. (U.S.) and Reiss Manufacturing Inc. (U.S.) among others.
Key Market Opportunities	Automotive application witnessed a healthy growth owing to high growth in automotive production
Key Market Drivers	Growing awareness about health concern coupled with a rise in aging population is driving the Liquid Silicone Rubber Market

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Frequently Asked Questions (FAQ) :

At what CAGR is the Liquid Silicone Rubber market predicted to grow during the forecast period?

Liquid Silicone Rubber market is predicted to grow through forecast period of 2020-2030.

What is the forecast period of Liquid Silicone Rubber market research report?

The forecast period for Liquid Silicone Rubber market research report is 2020-2030.

Which region will lead the global Liquid Silicone Rubber market?

Global Liquid Silicone Rubber market is dominated by APAC region.

Who are the key players in the Liquid Silicone Rubber market?

Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), KCC Corporation (South Korea), Elkem Group (China), Simtec Silicone Parts, LLC (U.S.), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China), Stockwell Elastomerics Inc. (U.S.) and Reiss Manufacturing Inc. (U.S.) among others.