Home> News> Liquid Silicone Rubber Market size is set to grow by USD 1.65 billion from 2024-2028, high investment in infrastructure in emerging countries boost the market, Technavio

Liquid Silicone Rubber Market size is set to grow by USD 1.65 billion from 2024-2028, high investment in infrastructure in emerging countries boost the market, Technavio

August 17, 2024
 

NEW YORKJune 18, 2024 /PRNewswire/ -- The global liquid silicone rubber market size is estimated to grow by USD 1.65 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  9.63%  during the forecast period. high investment in infrastructure in emerging countries is driving market growth, with a trend towards high demand for transparent lsr elastomers in optical application  However, stringent clinical and regulatory policies  poses a challenge.Key market players include Avantor Inc., Cabot Corp., CHT Germany GmbH, Dongguan New Orient Technology Co. Ltd, Dow Chemical Co., Elkem ASA, Genstar Technik, Mesgo Spa, Momentive Performance Materials Inc., Newtop Silicone Manufacturer, NTCB, RD Rubber Technology Corp., REISS MANUFACTURING Inc., Rosti Group AB, Ruijin, Shin Etsu Chemical Co. Ltd., SIMTEC Silicone Parts LLC, Stockwell Elastomerics Inc., Wacker Chemie AG, and Wynca Group.

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