Liquid Silicone Rubber (LSR) Market Growth 2019-2024

Posted by ridhima malik on February 13th, 2019

Abstract:

Liquid Silicone Rubber (LSR) Market  is a high purity platinum-cure silicone. LSR is well suited for injection molding owing to its excellent liquidity. It’s also very ideal for complex molds since it easily fits in the most complex parts of any mold.

Among elastomers, Liquid Silicone Rubber (LSR) has a relatively short history. During the late 1970s, LSR two component systems have quickly increased in popularity over the past four decades due to their advantages over Gum Silicone Rubbers. Not only are faster cycle times and fleshless molding possible, but all secondary equipment is contained near the molding press and there is no need to mill or process the material in any way prior to use. LSR is also popular due to its ability to compete with typical thermoplastic elastomers: similar production rates can be achieved and LSR utilize slightly modified thermoplastic molding equipment, allowing for minimal initial capital investment. Liquid silicone rubber (LSR) is often the preferred choice of producers of rubber parts. That is because LSRs offer better end-product performance, and the injection molding technique offers high levels of automation and almost 24/7 production. LSRs also are ideal for rubber parts in general applications, as well as for specific market demands. However, the expensive price limits the use of LSR.

According to this study, over the next five years the Liquid Silicone Rubber (LSR) market will register a 8.8% CAGR in terms of revenue, the global market size will reach US$ 1790 million by 2024, from US$ 1080 million in 2019.

In particular, Liquid Silicone Rubber (LSR) Market report presents the global market share (sales and revenue) of key companies in Liquid Silicone Rubber (LSR) business, shared in Chapter 3.

The liquid silicone rubber (LSR) industry concentration is relatively high. The global liquid silicone rubber (LSR) industry's top ten producers were around accounted for 70% of industry production in 2016 with facilities located around the world. The global liquid silicone rubber (LSR) production had reached to 105.1K Tonnes in 2016. The biggest global liquid silicone rubber (LSR) companies in the world are the Dow Corning.Wacker Chemicals, Momentive, ShinEtsu, KCC Corporation, Laur Silicone, Tianci Materials, Guangdong Polysil, Shenzhen SQUARE Silicone, BlueStar Xinghuo, Jiangsu Tianchen and Dongguan New Orient Technology are the main players in this industry. Although not every country is exclusively dominated by multinational companies, these companies tend to dominate the markets in many countries, meaning that they also often directly control distribution of their product. Correspondingly, they also have a great influence over most, if not all of the value chain through their superior bargaining power. In most market, Dow Corning. Wacker Chemicals, Momentive and ShinEtsu are market leaders. China is the world's most competitive market due to China's large number of manufacturer.

GlobalLiquid Silicone Rubber (LSR) Market  industry is mainly led by the United States, Europe and China. These areas have a large number of downstream industries to support this industry. After decades of development, in the United States, Europe and Japan, liquid silicone rubber (LSR) industry has been very mature. Most manufacturers have a stable industrial chain. Over the past few years, China's LSR industry has maintained rapid growth due to downstream demand and new manufacturer entry. In 2016, the United States, Europe and China occupy the global 29%, 19% and 33%consumption market share.

Liquid silicone rubber was pioneered by Dow Corning and introduced to the rubber fabrication marketplace in the late seventies. LSRs are widely used in injection molding, fabric coating, dipping and extrusion coating processes. Application areas are numerous, including the automotive, aerospace, appliance, business machine, electrical and consumer industries. The downstream demand of liquid silicone rubber (LSR) is rigidity. Liquid silicone rubbers offer a wide range of applications, from the automotive industry, mechanical and process engineering, through electrical applications, the transmission and distribution industry, through to construction, foods, health care and the medical sector. In 2016, the home appliance and food contact industry was the largest filed with 34% consumption market share.

The industry has a high technical threshold. Therefore, the new manufacturer is difficult to quickly succeed. New manufacturers need a long time to accumulate technology. In addition, most manufacturers have the entire industry chain production capacity. Therefore, key factors of this industry are: technology accumulation, raw material cost control and downstream customer support.

Liquid Silicone Rubber (LSR) Market report presents a comprehensive overview, market shares, and growth opportunities of Liquid Silicone Rubber (LSR) market by product type, application, key manufacturers and key regions and countries.

This study considers the Liquid Silicone Rubber (LSR) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Industrial Grade LSR
  • Food Grade LSR
  • Medical Grade LSR

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Medical Products
  • Home Appliance and Food Contact
  • Automotive
  • Electronics and Electrical
  • Building Industry
  • Others

Liquid Silicone Rubber (LSR) Market report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Liquid Silicone Rubber (LSR) Market Major Manufacturers :-

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Dow Corning
  • Wacker Chemicals
  • Momentive
  • ShinEtsu
  • KCC Corporation
  • Laur Silicone
  • Tianci Materials
  • Guangdong Polysil
  • Shenzhen SQUARE Silicone
  • BlueStar Xinghuo
  • Jiangsu Tianchen
  • Dongguan New Orient Technology

In addition, Liquid Silicone Rubber (LSR) Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Liquid Silicone Rubber (LSR) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Liquid Silicone Rubber (LSR) market by identifying its various subsegments.
  • Focuses on the key global Liquid Silicone Rubber (LSR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Liquid Silicone Rubber (LSR) with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Liquid Silicone Rubber (LSR) submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.
 


Table of content

2019-2024 Global Liquid Silicone Rubber (LSR) Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Liquid Silicone Rubber (LSR) Consumption 2014-2024
2.1.2 Liquid Silicone Rubber (LSR) Consumption CAGR by Region
2.2 Liquid Silicone Rubber (LSR) Segment by Type
2.2.1 Industrial Grade LSR
2.2.2 Food Grade LSR
2.2.3 Medical Grade LSR
2.3 Liquid Silicone Rubber (LSR) Consumption by Type
2.3.1 Global Liquid Silicone Rubber (LSR) Consumption Market Share by Type (2014-2019)
2.3.2 Global Liquid Silicone Rubber (LSR) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Liquid Silicone Rubber (LSR) Sale Price by Type (2014-2019)
2.4 Liquid Silicone Rubber (LSR) Segment by Application
2.4.1 Medical Products
2.4.2 Home Appliance and Food Contact
2.4.3 Automotive
2.4.4 Electronics and Electrical
2.4.5 Building Industry
2.4.6 Others
2.5 Liquid Silicone Rubber (LSR) Consumption by Application
2.5.1 Global Liquid Silicone Rubber (LSR) Consumption Market Share by Application (2014-2019)
2.5.2 Global Liquid Silicone Rubber (LSR) Value and Market Share by Application

CONTACT US:
North Main Road Koregaon Park, Pune, India - 411001.
International: +1(646)-781-7170
Asia: +91 8329744015
Email: help@24chemicalresearch.com

Follow Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/

Like it? Share it!


ridhima malik

About the Author

ridhima malik
Joined: October 22nd, 2018
Articles Posted: 255

More by this author