Liquid Silicone Rubber Market Size, Share, Growth, Opportunities, Global Analysis and Opportunity Assessment 2018 – 2026
Silicone rubber in liquid form has become a popular manufacturing material. It's utilised in food moulds, anti-snoring, LED, and medical equipment, among other things. It's one of numerous cutting-edge materials used in the automotive industry to make gaskets. Liquid silicone rubber is temperature resistant to both heat and cold, making it ideal for all automotive applications. Electrical resistance, chemical inertness, and the capacity to withstand severe temperatures are just a few of the characteristics of liquid silicone rubber (LSR). These characteristics have allowed them to be widely used in medical, electrical and electronics, automotive, and a variety of other sectors and industries.
In the year 2020, COVID-19 had a negative impact on the market. The market for liquid silicone rubber was negatively impacted by a disturbance in the worldwide supply chain, as well as lower demand from several end-user sectors (LSR). The automobile industry may function as a stumbling block to the Liquid Silicone Rubber Market's expansion. Liquid silicone rubber products are widely employed in a variety of industries due to their durability and dependability. The oil and gas industry, for example, utilises the material to cover valves to protect them from heat and other forms of radiation.
The demand for hygiene and the rising number of cases of HAI are two important factors driving the worldwide Liquid Silicone Rubber Market forward. Hospitals have become one of the places where an infection is most likely to occur. This puts both the patient's and the caregiver's lives in jeopardy. Medical institutes use liquid silicone rubber gloves to keep both of them safe. As a result, the global liquid silicone rubber market is expected to develop.
Market Segmentation:
By Grade
- Medical Grade
- Industrial Grade
- Food Grade
- Medical
- Electronic
- Consumer Goods
- Automotive
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
The major players in the global sulfuric acid market include PVS Chemicals, BASF SE, Akzo Nobel N.V., DowDuPont Inc., Unigel Group, Boliden Group, Ineos Enterprises Limited, Trident Chemicals, Aurubis AG, Climax Molybdenum B.V., and Amal Ltd.
Comments
Post a Comment