Adroit Market Research Global Liquid Silicone Rubber Market Size 2018 | Page 3

Adroit Market Research Global Liquid Silicone Rubber Market Size, Status and Forecast 2018-2025 • In terms of application, liquid silicon rubber can be used in medical, automotive, electricals & electronics and consumer goods industry. The components which are produced from liquid silicone rubber are less in weight and improve the efficiency. Application of liquid silicon rubber in automotive industry consist of its use in LED headlights, gaskets, harness components, dampers, seals, valves, windshield wiper blades and many more. Liquid silicone rubber industry is experiencing a huge demand in the medical segment because of the use of medical devices and implants. • Liquid silicone rubber in the medical field is getting popular because it fulfills all the requirements for safety products. It is heat resistant and stable and has to potential to resist high level of temperature. The main region which plays a major role in liquid silicone rubber market applications in North America. Medical application is anticipated to experience a substantial growth of liquid silicone rubber equipment market in the coming years. • Regions focusing on the development of liquid silicone rubber market share are Europe, North America, Central & South America, Asia Pacific, and Middle East & Africa. North America is projected to increase at a CAGR of xx% over the forecast period in terms of revenue. The rapidly growing region in the automotive sector in the Asia Pacific. The growth in the Asia Pacific is controlled by India and China because of their growing economy. Moreover, favorable rules, new applications, product innovations are expected to fuel the overall growth of the global liquid silicon market in the forecast period. • Browse the complete report on @ https://www.adroitmarketresearch.com/industry- reports/liquid-silicone-rubber-market [phone] [email protected] www.adroitmarketresearch.com