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The Liquid Silicone Rubber market is expected to record a CAGR of over 4.5% over the forecast period (2021-2027).
The market was negatively affected by COVID-19 in 2020. The disruption of the global supply chain and the decline in demand from various end-user industries have negatively impacted the demand for liquid silicone rubber (LSR). The automotive industry can act as an obstacle to the growth of the market under study. The global automotive industry has witnessed a decline in sales in 2020, which is roughly 78 million units, well below 90.4 million units in 2019. This in turn affected the liquid silicone rubber market. However, in 2021, the situation is expected to recover and the growth trajectory of the market is expected to recover during the forecast period.
Scope of the Report
The research study analyzes the global Liquid Silicone Rubber industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Liquid Silicone Rubber Market is available at: https://www.orionmarketreports.com/liquid-silicone-rubber-market/15318/
Major Players
- Dow
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- KCC SILICONE CORPORATION
- Jiangsu Tianchen New Materials Co., Ltd
Liquid Silicone Rubber Market: Segmentation
By Type
- Food Grade LSR
- Industrial Grade LSR
- Medical Grade LSR
By End-user Industry
- Healthcare and Medical Devices
- Automotive
- Electrical and Electronics
- Consumer Goods (Food Contact Products, Baby Care Products, etc.)
- Beauty and Personal Care
- Other End-user Industries
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Liquid Silicone Rubber Market Report
- What was the Liquid Silicone Rubber Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Liquid Silicone Rubber Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Liquid Silicone Rubber Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Liquid Silicone Rubber market.
- The market share of the global Liquid Silicone Rubber market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Liquid Silicone Rubber market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Liquid Silicone Rubber market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
