Liquid silicone rubber (LSR) is a type of silicone rubber that is supplied in a liquid form and can be easily molded into shapes. LSR is a two-part system consisting of a base silicone rubber and a cross-linking agent. The base silicone rubber is mixed with the cross-linking agent and then cured to form a flexible, durable rubber.
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Key Trends
One of the key trends in Liquid Silicone Rubber technology is the development of new types of silicone that can be used in a variety of applications. For example, there are now silicones that can be used in medical devices and in food contact applications.
There are also new types of silicone that can be used in 3D printing. Another trend is the development of new methods for manufacturing silicone products. For example, there are now methods that can be used to produce silicone products with very high precision.
Key Drivers
The key drivers of the liquid silicone rubber market are its properties, such as low chemical reactivity, high thermal stability, and low toxicity. These properties make it an ideal material for various applications, such as medical devices, food contact applications, and electrical/electronic components.
Additionally, the growing demand from the automotive and aerospace industries is expected to drive market growth.
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Market Segments
The Liquid Silicone Rubber Market is segmented by grade, application, and region. By grade, the market is divided into food, medical, and industrial. Based on application, it is classified into automotive, electrical & electronics, consumer goods, medical, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Liquid Silicone Rubber Market includes players such as Wacker Chemie AG, Dow Corning Corporation, Momentive Performance Materials Inc., Shin-Etsu Chemical Co. Ltd., KCC Corporation, Elkem Group, Simtec Silicone Parts LLC., Zhejiang Xinan Chemical Industrial Group Co. Ltd., Stockwell Elastomerics Inc., and Reiss Manufacturing Inc.
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