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(India.CityRegions.Com, May 01, 2017 ) According to Publisher, the Global Liquid Silicone Rubber Market is valued at $1.5 billion in 2015 and is expected to reach $3.6 billion by 2022 growing at a CAGR of 9.5% from 2015 to 2022. Liquid silicone rubber (LSR) is a high purity platinum-cure silicone. It is highly favourable for injection molding due to its excellent liquidity. Since it simply fits in the most complex parts of any mold, it is also very ideal for complex molds. They possess various favourable features such as, having heat resistance, being chemically inert, biocompatible, and easy to mold. The rise in aging population is resulting in increase in demand for LSR products in the healthcare industry leading to market growth. The rising demand from the electrical & electronics industry is also fostering the market growth. This is leading to an increase in the number of new product launches and expansions by companies. However strict regulation policies are hindering the market growth.
For more information about this report: http://www.reportsweb.com/liquid-silicone-rubber-global-market-outlook-2016-2022 The medical grade is the fastest growing segment owing to the growing adoption of LSR products in the healthcare industry. The utilization of medical grade LSRs needs the compliance of various specifications and regulations for use in medical products. Hence they are expensive than the other grades of LSRs. Thus during the forecast period this grade is anticipated to be the largest in terms of value. North America accounted for largest share in the global market. The increasing demand for LSRs in various applications including medical, electrical & electronics, automotive and consumer goods etc, are responsible for this growth.
Some of the key players in the market include Dow Corning, Accurate Products, BlueStar Xinghuo, Dongguan New Orient Technology, Guangdong Polysil, Innovative Silicones, Jiangsu Tianchen, KCC Corporation, Laur Silicone, Mesgo S.P.A, Momentive Performance Materials Inc, Nusil Technology LLC, Reiss Manufacturing Inc, Shenzhen SQUARE Silicone, Shin-Etsu Chemical Co., Ltd, Simtec Silicone Parts, LLC, Stockwell Elastomerics Inc, Tianci Materials, Wacker Chemicals and Wynca.
Applications Covered: -Automotive -Automotive Parts -Components -Electrical & Electronics -Electrical & Optical Components -Insulation -Medical -Medical Devices -Implants -Medical Equipment Parts -Consumer Goods -Water Contact -Food Contact Products -Baby Care Products -Home Appliance Components -Building Industry -Other Applications -Aerospace & Aeronautics -Building & Construction -Cosmetic Applications -Industrial Components
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001716542/sample
Grades Covered: -Food Grade -Industrial Grade -Medical Grade -Other Grades
Technologies Covered: -Liquid Injection Molding System -Molding Process
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
Company Profiling 10.1 Dow Corning 10.2 Accurate Products 10.3 BlueStar Xinghuo 10.4 Dongguan New Orient Technology 10.5 Guangdong Polysil 10.6 Innovative Silicones 10.7 Jiangsu Tianchen 10.8 KCC Corporation 10.9 Laur Silicone 10.10 Mesgo S.P.A. 10.11 Momentive Performance Materials Inc. 10.12 Nusil Technology LLC 10.13 Reiss Manufacturing Inc. 10.14 Shenzhen SQUARE Silicone 10.15 Shin-Etsu Chemical Co., Ltd. 10.16 Simtec Silicone Parts, LLC 10.17 Stockwell Elastomerics Inc. 10.18 Tianci Materials 10.19 Wacker Chemicals 10.20 Wynca
Inquire before Buying at http://www.reportsweb.com/inquiry&RW0001716542/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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