The global liquid silicone rubber market generated revenue of around USD 1.1 billion in 2021 and is anticipated to grow a CAGR of over 7.50% during the forecast period from 2022 to 2028 to reach around USD 1.70 billion in 2028.
Several factors contribute to the growth of the liquid silicone rubber market, which as its availability of one- or two-part polymers and the inclusion of fillers to enhance properties and reduce costs. Also, silicone rubber has many other advantages, including its stability, non-reactivity, and resistance to extreme environments and temperatures. The material can be found in various products, such as food storage products, textiles, footwear, electronics, and medical devices. All these factors mentioned above fuel the market growth.
The global liquid silicone rubber market is bifurcated into Grade, Curing System, End-Use Industry and Geography. Based on grade, the market is categorized into food grade, industrial grade, and medical grade systems. On the basis of curing systems, the global market is segmented into injection molding, peroxide cure systems, platinum-based cure systems, and condensation cure systems. Based on the end-use industry, the market is categorized into automotive, healthcare, electrical and electronics, cosmetic and personal care, consumer goods, and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
In 2021, Asia Pacific dominated the global liquid silicone rubber market and accounted for a major market revenue share in terms of value. The presence of global manufacturing giants in the region and increased public health expenditures in countries such as India, Bangladesh and South Asia are driving the regions growth. Moreover, the increase in insurance coverage in the area encourages the development of tertiary healthcare facilities. In turn, this will increase the production of medical devices.
Why to Buy This Report-
- The report provides a qualitative and quantitative analysis of the global liquid silicone rubber market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level
- In-depth analysis of the global liquid silicon rubber market segmentation based on grade, curing system, and end-user industry.
- The global liquid silicone rubber market report also includes analyzing the global, regional, and country level, along with key market trends, significant players analysis, market growth strategies, and key application areas.
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Table of content:
Table of content:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Liquid Silicone Rubber Market
2.2. Global Liquid Silicone Rubber Market, By Grade
2.3. Global Liquid Silicone Rubber Market, By Curing System
2.4. Global Liquid Silicone Rubber Market, By End Use Industry
2.5. Global Liquid Silicone Rubber Market, By Region
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Liquid Silicone Rubber Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Grade
3.3.2. Curing System
3.3.3. End Use Industry
3.3.4. Geography
4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend
5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others
6. COVID 19 Impact Analysis
6.1. Global Liquid Silicone Rubber Market Pre Vs Post COVID 19, 2019 - 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply
..........continued
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