Liquid Silicone Rubber (LSR) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Liquid Silicone Rubber (LSR) market including various factors related to and dependent influencing the market growth.
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.
Among elastomers, Liquid Silicone Rubber (LSR) has a relatively short history. During the late 1970s, LSR two component systems have quickly increased in popularity over the past four decades due to their advantages over Gum Silicone Rubbers. Not only are faster cycle times and fleshless molding possible, but all secondary equipment is contained near the molding press and there is no need to mill or process the material in any way prior to use. LSR is also popular due to its ability to compete with typical thermoplastic elastomers: similar production rates can be achieved and LSR utilize slightly modified thermoplastic molding equipment, allowing for minimal initial capital investment. Liquid silicone rubber (LSR) is often the preferred choice of producers of rubber parts. That is because LSRs offer better end-product performance, and the injection molding technique offers high levels of automation and almost 24/7 production. LSRs also are ideal for rubber parts in general applications, as well as for specific market demands. However, the expensive price limits the use of LSR.
The liquid silicone rubber (LSR) industry concentration is relatively high. The global liquid silicone rubber (LSR) industrys top ten producers were around accounted for 70% of industry production in 2016 with facilities located around the world. The global liquid silicone rubber (LSR) production had reached to 105.1K Tonnes in 2016. The biggest global liquid silicone rubber (LSR) companies in the world are the Dow Corning.Wacker Chemicals, Momentive, ShinEtsu, KCC Corporation, Laur Silicone, Tianci Materials, Guangdong Polysil, Shenzhen SQUARE Silicone, BlueStar Xinghuo, Jiangsu Tianchen and Dongguan New Orient Technology are the main players in this industry. Although not every country is exclusively dominated by multinational companies, these companies tend to dominate the markets in many countries, meaning that they also often directly control distribution of their product. Correspondingly, they also have a great influence over most, if not all of the value chain through their superior bargaining power. In most market, Dow Corning. Wacker Chemicals, Momentive and ShinEtsu are market leaders. China is the worlds most competitive market due to Chinas large number of manufacturer.
Global liquid silicone rubber (LSR) industry is mainly led by the United States, Europe and China. These areas have a large number of downstream industries to support this industry. After decades of development, in the United States, Europe and Japan, liquid silicone rubber (LSR) industry has been very mature. Most manufacturers have a stable industrial chain. Over the past few years, Chinas LSR industry has maintained rapid growth due to downstream demand and new manufacturer entry. In 2016, the United States, Europe and China occupy the global 29%, 19% and 33%consumption market share.
Liquid silicone rubber was pioneered by Dow Corning and introduced to the rubber fabrication marketplace in the late seventies. LSRs are widely used in injection molding, fabric coating, dipping and extrusion coating processes. Application areas are numerous, including the automotive, aerospace, appliance, business machine, electrical and consumer industries. The downstream demand of liquid silicone rubber (LSR) is rigidity. Liquid silicone rubbers offer a wide range of applications, from the automotive industry, mechanical and process engineering, through electrical applications, the transmission and distribution industry, through to construction, foods, health care and the medical sector. In 2016, the home appliance and food contact industry was the largest filed with 34% consumption market share.
The industry has a high technical threshold. Therefore, the new manufacturer is difficult to quickly succeed. New manufacturers need a long time to accumulate technology. In addition, most manufacturers have the entire industry chain production capacity. Therefore, key factors of this industry are: technology accumulation, raw material cost control and downstream customer support.
Global Liquid Silicone Rubber (LSR) market size will increase to 2110 Million US$ by 2030, from 1080 Million US$ in 2020, at a CAGR of 8.7% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Liquid Silicone Rubber (LSR).
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Liquid Silicone Rubber (LSR) market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Liquid Silicone Rubber (LSR) market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Liquid Silicone Rubber (LSR) market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Liquid Silicone Rubber (LSR) Market:
The major competitors working in the market are:
, Dow Corning, Wacker Chemicals, Momentive, ShinEtsu, KCC Corporation, Laur Silicone, Tianci Materials, Guangdong Polysil, Shenzhen SQUARE Silicone, BlueStar Xinghuo, Jiangsu Tianchen, Dongguan New Orient Technology
Market by Order Type
Industrial Grade LSR
Food Grade LSR
Medical Grade LSR
Liquid Silicone Rubber (LSR) Data by Application
Medical Products
Home Appliance and Food Contact
Automotive
Electronics and Electrical
Building Industry
Others
Liquid Silicone Rubber (LSR) Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Liquid Silicone Rubber (LSR) market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Liquid Silicone Rubber (LSR) Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Liquid Silicone Rubber (LSR) market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Liquid Silicone Rubber (LSR) market size and their forecasts
- To provide strategic profiles of the key players operating in the Liquid Silicone Rubber (LSR) market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Liquid Silicone Rubber (LSR) market
Target Audiences for Liquid Silicone Rubber (LSR) Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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