Liquid Silicone Rubber Market Opportunities, Revenue and
Potential Applications Forecasts 2013-2025
“The growing demand from automotive and medical sectors have emerged as
the crucial drivers of the global market in the near future.”
Industry Insights
The Liquid Silicone Rubber (LSR) Market size was valued at USD 1.55 billion in the year 2015 and is anticipated
to observe substantial growth over the next eight years. The growing demand from automotive and medical
sectors have emerged as the crucial drivers of the global market in the near future.
The liquid silicone rubber possesses superior properties for example ability to withstand very high temperatures,
chemical inertness and electrical resistance. These features have enhanced its broad acceptance across
automotive, electrical & electronics, medical and various other sectors. Increasing elderly population is driving
the demand medical devices and implants in the medical sector.
The applications of LSR are growing in conventional rubber along with areas where conventional rubber had not
been used. The LSR technology is experiencing a fast change. Some current applications comprise of LED
headlights, medical implants & devices, kitchenware, fitness tracker, bake ware and wiper blades as well as
manufacturing drug eluding devices.
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