Liquid Mold Silicone Rubber Market
Liquid Mold Silicone Rubber Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Liquid Mold Silicone Rubber Market Size and Growth
The Liquid Mold Silicone Rubber market is experiencing robust growth, driven by increased demand in automotive, consumer goods, and medical sectors. The market size is projected to reach approximately $1.2 billion by 2025, with a CAGR of around 6% from 2023. Key trends include innovative formulations and sustainable production practices.
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Companies Covered (Covid 19 Impact Covered)
◍ "Dow"
◍ "Momentive"
◍ "Wacker Chemicals"
◍ "ShinEtsu"
◍ "KCC Corporation"
◍ "Polysil"
◍ "Reschimica"
◍ "Smooth-On"
◍ "ResinPro"
◍ "Elkem"
◍ "Polytek"
◍ "SiliCreate"
◍ "Stockwell"
◍ "Pixiss"
◍ "Tiwari Enterprises"
◍ "Jiangxi New Jiayi New Materials"
The Liquid Mold Silicone Rubber Market is driven by demand across various industries. Companies like Dow, Momentive, and Wacker Chemicals innovate formulations, enhancing durability and application scope. They provide tailored solutions, contribute to market growth, and improve customer engagement through research and development.
Sales revenue figures include:
- Dow: $55 billion
- Wacker Chemicals: $7 billion
- Momentive: $1.7 billion.
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Market Segmentation
By Application
◍ "Healthcare"
◍ "Automotive"
◍ "Consumer Electronics"
◍ "Food and Beverage"
◍ "Other"
By Product
◍ "One-component Silicone Rubber"
◍ "Two-component Silicone Rubber"
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Market Growth
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$ X Billion USD
