Liquid silicone rubber market forecast with a CAGR of 10.2 percent through 2026

Detroit, MI – A new report published by Stratview Research, titled Liquid Silicone Rubber (LSR) Market, is Segmented by Molding Technology Type (Liquid Injection Molding System), by Grade Type (Industrial Grade, Medical Grade, and Food Grade), by Application Type (Automotive, Medical, Electrical & Electronics, Consumer Goods, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

The report suggests that the Liquid Silicone Rubber (LSR) Market is likely to witness an impressive CAGR of 10.2% during the forecast period. Rapid development in the medical and electrical & electronics applications and fast progress in the improvement for medical grade LSRs are the prime factors governing the global LSR market.

This report offers actionable insights and is the outcome of an extensive study comprising of secondary research, primary interviews with industry stakeholders, validation and triangulation with Stratview Research’s internal database. Experts at Stratview Research have conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
The report also covers market structure, market environment analysis, market segment trend and forecast, competitive landscape and dynamics, attractive market segments and associated growth opportunities, emerging trends, strategic growth opportunities for the existing and new players, and key success factors.

Some of the key players in the Liquid Silicone Rubber (LSR) Market mentioned in the report are – DOW Corning; Wacker Chemie AG; Momentive Performance Materials Inc.; Shin-Etsu Chemical Co., Ltd.; Bluestar Silicones (Elkem Group).