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Global Liquid Silicone Rubber (LSR) Market Growth 2023-2029

Global Liquid Silicone Rubber (LSR) Market Growth 2023-2029

Product Code:457220

Published Date: Feb 08,2023

Pages: 105

Region: Global

Category: Chemical & Material

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Liquid silicone rubber (LSR) is a high purity platinum-cure silicone. LSR is well suited for injection molding owing to its excellent liquidity. It’s also very ideal for complex molds since it easily fits in the most complex parts of any mold.

LPI (LP Information)' newest research report, the “Liquid Silicone Rubber (LSR) Industry Forecast” looks at past sales and reviews total world Liquid Silicone Rubber (LSR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Silicone Rubber (LSR) sales for 2023 through 2029. With Liquid Silicone Rubber (LSR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Silicone Rubber (LSR) industry.

This Insight Report provides a comprehensive analysis of the global Liquid Silicone Rubber (LSR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Silicone Rubber (LSR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Silicone Rubber (LSR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Silicone Rubber (LSR) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Silicone Rubber (LSR).

The global Liquid Silicone Rubber (LSR) market size is projected to grow from US$ 806.4 million in 2022 to US$ 1133.1 million in 2029; it is expected to grow at a CAGR of 1133.1 from 2023 to 2029.

Global Liquid Silicone Rubber (LSR) key players include Dow, Momentive, Wacker Chemicals, ShinEtsu, KCC Corporation etc. Global top five manufacturers hold a share over 60%. 
Asia Pacific is the largest market, with a share over 50%, followed by Europe and Americas, both have a share over 40% percent. 
In terms of product, Industrial Grade LSR is the largest segment, with a share over 40%. And in terms of application, the largest application is Medical Products followed by Home Appliance and Food Contact.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Silicone Rubber (LSR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Industrial Grade LSR
    Food Grade LSR
    Medical Grade LSR

Segmentation by application
    Medical Products
    Home Appliance and Food Contact
    Automotive
    Electronics and Electrical
    Building Industry
    Defense
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Dow
    Momentive
    Wacker Chemicals
    ShinEtsu
    KCC Corporation
    Guangdong Polysil
    Shenzhen SQUARE Silicone
    Tianci Materials
    Laur Silicone
    BlueStar
    Jiangsu Tianchen
    Dongguan New Orient Technology

Key Questions Addressed in this Report
What is the 10-year outlook for the global Liquid Silicone Rubber (LSR) market?
What factors are driving Liquid Silicone Rubber (LSR) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Liquid Silicone Rubber (LSR) market opportunities vary by end market size?
How does Liquid Silicone Rubber (LSR) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?