Liquid Silicone Rubber Market Price research report by 2017 to 2024

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Liquid Silicone Rubber Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Global Market Scenario of Liquid Silicone Rubber
Industry

• Liquid Silicone Rubber Market size is may
  experience significant gains owing to increasing
  application in healthcare and automotive
  industry. Aging population and growing health
  concerns will drive global industry growth.
• Liquid silicone rubber is highly pure platinum
  cured silicone rubber. Key properties of LSR are
  biocompatibility, chemical bacteria resistance,
  superior dielectric strength, high elongation and
  high tensile strength which has varied
  application in many industries and will propel
  product demand.
• Liquid silicone rubber is extensively used in
  surgical tools and equipment including oxygen
  mask instruments, tracheal tube, rings, stoppers,
  closures, catheters, liquid feeding bottles,
  cushioning pads syringe stoppers, saccules and
  dialysis filters owing to its properties like
  biocompatibility, temperature resistant and
  potential for reduced risk of contamination.

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• Opting medical grade LSR has economies of scale
  over other materials for manufacturing and is
  non-allergenic to skin, superior hygienic
  quality, flexibility and softness which ensure
  patients comfort. It is also an effective
  replacement for latex in medical implants.
• Reasons to Buy This Report
• 1. Liquid Silicone Rubber Market size
  share forecast by product application,
  2017-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Key Liquid Silicone Rubber Market
  growth opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• Liquid silicone rubber finds application in
  manufacturing automotive parts such as lighted
  panel buttons, soft touch components, valves, LED
  headlights, spark plug boots, gaskets, wiper
  blades bellows and protective caps and custom
  O-rings.
• Global automobile production was accounted for
  over 95 million units in 2016 and is expected to
  grow in future, driving global liquid silicone
  rubber market attributing to its properties like
  high thermal stability, durability and resistance
  to compression, tears and stress. In addition,
  LSR generates minimum waste, energy saving,
  automated process and economies of scale which is
  likely to favor its application in automotive
  sector.

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Research Methodology
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Regional Insights

• Asia Pacific led by China, India, Japan and South
  Korea liquid silicone rubber market size may
  witness strong gains. Multinational companies are
  establishing their distribution network,
  manufacturing plants and RD centers in this
  region owing to cheap labor and availability of
  raw materials which may favor regional industry
  growth.
• North America led by the U.S and Canada is the
  largest liquid silicone rubber market owing to
  positive indicator in healthcare industry and
  growing demand for disposable medical devices,
  implants and equipment propelling regional
  industry growth. As of 2015, 15 of total
  population in the U.S. is aged above 65 and needs
  medical attention hence would impact positively
  on LSR market size.

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Competitive Insights

• Global liquid silicone rubber market is slightly
  consolidated. Key industry participants operating
  in this market are
• Momentive Performance Materials, KCC
  Corporation, Zhejiang Xinan Chemical Industrial
  Group, Wacker Chemie AG, Dow Corning, Bluestar
  Silicones, Shin-Etsu Chemical Co. and Simtec
  Silicone Parts.

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