Liquid Silicone Rubber Market Size 2021 Analysis by Top Companies, And Forecast to 2028 | Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan)
Liquid silicone rubber is silicone elastomer available in different grades such as industrial, food and medical. Liquid silicone rubber (LSR) possess unique properties such as chemical inertness, electrical resistance, high thermal stability and temperature resistance among others. Due to superior properties, LSR are used in various applications such as medical devices, automotive and electrical goods. The protuberant factors and trends fostering growth of the global liquid silicone rubber market are growing the demand for LSR in surgical tools and equipment coupled with rising geriatric population. Extensive research and development in innovating material technology is anticipated to cater to a huge growth of the electronic industry, which, in turn, drives the global liquid silicon rubber market. For instance, LSR is used in manufacturing of various modern applications such as kitchenware, LED headlights, fitness tracker, and medical implants. These products are projected to open ne