Market World Liquid Silicone Rubber Market | Página 2

Additional benefits of the material consist of producing lesser waste, high stability in product dimensions, more
volume production on account of its low manufacturing costs and short cycle time. As a result, it has substituted
materials such as latex, glass and plastic in numerous industrial and medical applications.
Strict regulatory norms regarding materials to be applied in medical devices and kitchenware is further driving
the demand for the global market. In addition, demographics, improving lifestyle and urbanization are boosting
the demand of consumer and electronics goods, which in turn is supplementing the market demand.
With an aim to accomplish competitive advantage, the major participants are collaborating with suppliers to
achieve modern material technology. The few material innovations consist of silicone materials with optical
grade, self-lubricated, antimicrobial and self-adhesive properties.
Grade Insights
Medical grade is rapidly growing as compared to other grades of liquid silicone rubber. Its widespread
application in manufacturing of oxygen mask instruments, dialysis filters, syringe stoppers, saccules, tracheal
tube and other medical parts on account of its bacterial resistance, transparency, high dielectric strength, high
elongation gas permeability and numerous other unique properties.
Medical grade is the most expensive grade as it requires completion of numerous regulations in order to be
applied in manufacturing medical devices. It is also substituting latex at a significant rate which was used in
implantable devices since long back as it caused opposing reactions in the patient’s body.
In terms of revenue generation, industrial grade is the largest segment and is applied in industries such as
construction, aerospace, electronics, cosmetics and various other components. It is a suitable material for parts
such as keypads, electronic displays, grommets, antennas and others.
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Application Insights
The demand for the material is undergoing rapid growth in medical industry led by increasing demand for
disposable devices and medical implants. Compatibility regarding long term implantable devices, technological
advancements, bacteria and advent as a drug eluting product is expected to enhance the material demand in
medical sectors. The key application areas consist of cardiology, ophthalmology, bariatric surgery, orthopedics,