Liquid Silicone Rubber Market Segmentation:
Grade Type Segment Analysis
The medical grade segment in the liquid silicone rubber market is set to capture a share of about 60% during the forecast period. Manufacturers in the medical, healthcare, and life sciences industries have demanding requirements for components that need to adhere to ever-tighter tolerances and comply with safety and hygiene standards. The demand for medical grade LSR is rising due to their unique properties such as biocompatibility, better durability, sterilizability, and flexibility. These medical-grade LSRs are widely used in the production of wearable medical devices, medical implants, prosthetics, along with surgical and diagnostic instruments.
Processing Techniques Segment Analysis
The liquid injection molding system segment is expected to account for 61% revenue share during the projected period. In light of the greater degree of quality and durability of the finished product, the liquid injection molding process has established a reputation as the preferred technique among many rubber part makers. Almost all industries—including those in the automotive, medical, electronics, food, defense, and textile—take advantage of the potential offered by the liquid injection molding technique. To cater to this demand, Silcotech announced the expansion of its LSR injection molding capacity with the purchase of two Arburg injection molding machines in February 2024.
Our in-depth analysis of the global liquid silicone rubber market includes the following segments:
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Processing Techniques |
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