Enjoy complimentary customisation on priority with our Enterprise License!
The liquid silicone rubber market size is forecast to increase by USD 1.65 billion at a CAGR of 9.63% between 2023 and 2028. The Liquid Silicone Rubber (LSR) market is experiencing significant growth due to increasing investment in infrastructure in emerging economies and the high demand for transparent LSR elastomers in optical applications. In the construction sector, LSR's excellent durability and resistance to contamination make it a preferred choice for elastomeric parts in electrical components and devices. The elderly population's increasing need for medical devices and electrical connectors further boosts the market's expansion. The use of advanced techniques such as e-beam crosslinking enhances the LSR's properties, making it a reliable alternative to conventional materials. However, the market faces challenges from alternatives like thermoplastics and polyurethanes.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Grade Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.