Liquid silicone rubber market forecast with a CAGR of 5.76 percent through 2025

New York, NY – The liquid silicone rubber market is expected to grow by USD 789.56 million at a CAGR of 5.76% from 2021 to 2025, according to the latest research report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The liquid silicone rubber market is segmented by market landscape (industrial, medical, and food) and geography (North America, Europe, APAC, MEA, and South America).

The liquid silicone rubber market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the growing demand for lightweight materials as one of the major factors driving the growth of the market.

Companies mentioned in report include: CHT Group; Dow Inc.; Elkem ASA; KCC Co. Ltd.; Momentive Performance Materials Inc.; REISS MANUFACTURING INC.; Shin-Etsu Chemical Co. Ltd.; SIMTEC Silicone Parts LLC; Stockwell Elastomerics Inc.; Wacker Chemie AG.