Global Liquid Silicone Rubber Market

Global Liquid Silicone Rubber Market Overview

• The Global Liquid Silicone Rubber Market Size is Expected to Grow from USD 2.79 Billion in 2023 to USD 6.15 Billion by 2033, Growing at a CAGR of 8.22% during the forecast period 2023 to 2033.
• The primary factor propelling the market as a whole over the forecast period is the growing demand from the automotive and medical sectors.
• The automotive and medical industries are experiencing a surge in demand due to their affordability, robustness, and capacity to satisfy all safety regulations.
• Further, the liquid silicone rubber market has a great chance to embrace eco-friendly solutions as a result of the increased focus on sustainability and environmental responsibility boost the market growth.

Major vendors in the global liquid silicone rubber market

Avantor Inc., Dow, Elkem ASA, Momentive Performance Materials, SIMTEC Silicone Parts, LLC, Shin-etsu Chemical Co. Ltd, Stockwell Elastomerics, Trelleborg AB, Wacker Chemie AG, and Wynca Tinyo Silicone Co. Ltd, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the liquid silicone rubber market based on the below-mentioned segments:

Global Liquid Silicone Rubber Market, By Grade

• Medical
• Food
• Industrial

Global Liquid Silicone Rubber Market, By Application

• Medical
• Automotive
• Consumer Goods

Global Liquid Silicone Rubber Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa