Liquid Silicone Rubber Market Production, Sales & Forecast 2013 - 2025
The global liquid silicone rubber market is expected to reach USD 3.29 billion by 2025, according to a new report by Radiant insights, inc. Increasing applications in end-use segment, particularly in medical and electronics industry has propelled the demand for the overall market. In addition, rising geriatric population and new material developments continue to fuel the demand of overall market.
Unique properties of liquid silicone rubber such as chemical inertness, heat resistance, flexibility, low viscosity has made it an ideal material to be incorporated into medical implants and devices. Moreover, the market is undergoing through extensive research and development process to innovate the material technology, which creates huge growth opportunities in upcoming years for the market.
Download full research Report @ http://www.radiantinsights.com/research/liquid-silicone-rubber-market
Industrial grade was the largest segment in grade category in 2015 and held 53.5% of the overall market revenue. Automotive sector includes major applications of liquid silicone rubber in manufacturing of LED headlights, wiper blades and several other electronic components.
Medical application was the fastest growing segment over the forecast period with an estimated CAGR of around 9% from 2016 to 2025. The material is biocompatible thus has major applications in medical implants & devices, equipment parts such as sterilized parts, valves, skin contact devices, infusion pumps and others.
Further key findings from the report suggest:
The global liquid silicone rubber market revenue reached USD 1.5 billion in 2015 and is expected to grow at a CAGR of 7.9% from 2016 to 2025
Industrial grade emerged as the largest grade segment in 2015 and is estimated to generate revenue over USD 1.7 billion by 2025
Global liquid silicone rubber revenue in medical application was USD 285.6 million in 2015 and is anticipated to witness staggered growth over the next nine years
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/liquid-silicone-rubber-market/request-sample
The U.S. liquid silicone rubber market in medical application is expected to reach a total revenue of over USD 234.4 million by 2025
The industry in Asia Pacific is projected to witness rapid growth over the next decade owing to various developments across major economies, especially in the automotive and electronics industry. The regional market is expected to grow at a CAGR of 8.6% from 2016 to 2025
Key participants in the market include Dow Corning, Momentive Performance Materials Inc., KCC Corporation, Simtec Silicone Parts, LLC, Bluestar, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Nusil Technology LLC, Laur Silicone and others. In the recent years, new product developments and acquisitions have been the major growth strategy acquired by key industry players for enhancing their market positions.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Liquid Silicone Rubber Market: Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Technology Overview
3.6. Market dynamics
3.6.1. Market Driver Analysis
3.6.2. Market restraint analysis
3.7. Porter's Five Forces Analysis
3.8. PESTEL Analysis
Chapter 4. Liquid Silicone Rubber Market: Grade Estimates & Trend Analysis
4.1. Grade Analysis & Market Share, 2015 & 2025
Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals-and-materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Unique properties of liquid silicone rubber such as chemical inertness, heat resistance, flexibility, low viscosity has made it an ideal material to be incorporated into medical implants and devices. Moreover, the market is undergoing through extensive research and development process to innovate the material technology, which creates huge growth opportunities in upcoming years for the market.
Download full research Report @ http://www.radiantinsights.com/research/liquid-silicone-rubber-market
Industrial grade was the largest segment in grade category in 2015 and held 53.5% of the overall market revenue. Automotive sector includes major applications of liquid silicone rubber in manufacturing of LED headlights, wiper blades and several other electronic components.
Medical application was the fastest growing segment over the forecast period with an estimated CAGR of around 9% from 2016 to 2025. The material is biocompatible thus has major applications in medical implants & devices, equipment parts such as sterilized parts, valves, skin contact devices, infusion pumps and others.
Further key findings from the report suggest:
The global liquid silicone rubber market revenue reached USD 1.5 billion in 2015 and is expected to grow at a CAGR of 7.9% from 2016 to 2025
Industrial grade emerged as the largest grade segment in 2015 and is estimated to generate revenue over USD 1.7 billion by 2025
Global liquid silicone rubber revenue in medical application was USD 285.6 million in 2015 and is anticipated to witness staggered growth over the next nine years
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/liquid-silicone-rubber-market/request-sample
The U.S. liquid silicone rubber market in medical application is expected to reach a total revenue of over USD 234.4 million by 2025
The industry in Asia Pacific is projected to witness rapid growth over the next decade owing to various developments across major economies, especially in the automotive and electronics industry. The regional market is expected to grow at a CAGR of 8.6% from 2016 to 2025
Key participants in the market include Dow Corning, Momentive Performance Materials Inc., KCC Corporation, Simtec Silicone Parts, LLC, Bluestar, Stockwell Elastomerics Inc., Zhejiang Xinan Chemical Industrial Group Co., Ltd., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Nusil Technology LLC, Laur Silicone and others. In the recent years, new product developments and acquisitions have been the major growth strategy acquired by key industry players for enhancing their market positions.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Liquid Silicone Rubber Market: Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Technology Overview
3.6. Market dynamics
3.6.1. Market Driver Analysis
3.6.2. Market restraint analysis
3.7. Porter's Five Forces Analysis
3.8. PESTEL Analysis
Chapter 4. Liquid Silicone Rubber Market: Grade Estimates & Trend Analysis
4.1. Grade Analysis & Market Share, 2015 & 2025
Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals-and-materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
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