According to the recent study the liquid silicone rubber in the global specialty polymer market is projected to reach an estimated $2.77 billion by 2028 from $1.84 billion in 2023, at a CAGR of 8.5% from 2023 to 2028. Growth in this market is primarily driven by increasing demand from healthcare and food packaging industry due to its biocompatibility and non-toxic properties.
A more than 150-page
report is developed to Understand trends, opportunities and forecast in liquid
silicone rubber in the global specialty polymer market by grade (food,
industrial, and medical), end use industry (healthcare and medical devices,
automotive, electrical and electronics, consumer goods, and beauty and personal
care), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Download sample report by clicking on below link
https://www.lucintel.com/liquid-silicone-rubber-in-specialty-polymer-market.aspx
“Healthcare and medical devices market
is expected to remain the largest segment during the forecast period.”
Based on end user
industry, the liquid silicone rubber in the global specialty polymer market is
segmented into healthcare and medical devices, automotive, electrical and
electronics, consumer goods, and beauty and personal care. Lucintel forecasts
that the healthcare and medical devices market is expected to remain the
largest segment due to as liquid silicone rubber are widely adopted in
manufacturing of devices and equipment for the healthcare industry because of
its flexibility and biocompatibility properties.
“Asia pacific will dominate the liquid silicone rubber in the
global specialty polymer market in near future.”
Asia Pacific region is
expected to witness the highest growth during the forecast period due to rapid
industrialization, increasing demand for electronic gadgets along with growing
automotive industry.
Download Brochure of this report by clicking on https://www.lucintel.com/liquid-silicone-rubber-in-specialty-polymer-market.aspx.
Major players of liquid
silicone rubber in the global specialty polymer market are adopting various
growth strategies like new product launches, expansions, merger and
acquisitions, partnerships, agreements, and collaborations to expand their
presence in this market. Wacker Chemie, Shin-Etsu, KCC Corp, Jiangsu Tianchen
are among the major liquid silicone rubber in the global specialty polymer
providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/liquid-silicone-rubber-in-specialty-polymer-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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