Home> News> Liquid Silicone Rubber Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, Germany, Canada, UK - Size and Forecast 2024-2028

Liquid Silicone Rubber Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, Germany, Canada, UK - Size and Forecast 2024-2028

August 19, 2024
 

Liquid Silicone Rubber Market Size 2024-2028

The liquid silicone rubber market size is estimated to grow by USD 1.65 billion at a CAGR of 9.63% between 2023 and 2028. High investment in infrastructure in emerging countries is fueling demand for construction materials and equipment, driving growth in related sectors. The growing demand for lightweight materials is being driven by industries such as automotive, aerospace, and construction, where lightweight materials offer benefits such as improved fuel efficiency, higher payload capacity, and easier handling. Additionally, the high rate of hip and knee implants is being driven by factors such as an aging population, increasing prevalence of osteoarthritis, and advancements in medical technology. These factors collectively contribute to the growth of their respective markets and drive innovation in materials and technologies. 

What will be the  Market Size During the Forecast Period?

Liquid Silicone Rubber Market Size

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