市場調查報告書
商品編碼
1128337
液狀矽膠橡膠的全球市場 (2022~2030年):成長、未來展望、競爭分析Liquid Silicone Rubber Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030 |
全球液狀矽膠橡膠的市場規模2021年是23億美元,在預測期間中預計以7.1%的年複合成長率發展,2030年成長到38億美元的規模。
來自醫療保健產業對液狀矽膠橡膠的需求高漲牽引全球液狀矽膠橡膠市場。液狀矽膠橡膠,有高熱穩定性,化學的穩定性,電阻等,比競爭材料出色的特性。根據這些特性,在汽車和電器及電子設備等產業也成為第一選項。
本報告提供全球液狀矽膠橡膠的市場調查,市場概要,市場成長的各種影響因素分析,市場規模的變化、預測,各種區分、各地區/主要國家的明細,主要企業簡介等彙整資訊。
Key Market Insights
"Growing applications of liquid silicone rubber driving the market growth"
The growing demand for liquid silicone rubber from the healthcare industry is driving the global liquid silicone rubber market. Liquid silicone rubber (LSR) has some great properties than its competitor materials such as high thermal stability, chemical stability, and electrical resistance. These properties made it the first choice in many industries such as automotive and electrical & electronics. In the medical field, the hygienic quality of LSR helps to reduce the spread of bacteria or fungi to the patient's body, and its flexibility and softness ensure comfort to patients. Therefore, medical product designers are increasingly opting for LSR for the manufacturing of medical silicone parts on wider applications such as surgery, cardiology, oncology, orthopedics, and neurosurgery, etc. among others.
Additionally, the growth of the food industry has positively impacted the demand for LSR. As the molded parts of LSR are odorless, tasteless, hydrophobic, and resistant to bacteria, this made it suitable for use in the food industry. Food grade LSR is versatile and resistant to extreme temperature, making it an excellent choice in the manufacturing of kitchen products such as baking molds, ice-cube trays, O-rings, gaskets, or other seals.
Overall, the global liquid silicone rubber market was US$ 2.30 Bn in 2021 and expected to reach US$ 3.8 Bn by 2030, growing at a CAGR of 7.1% from 2022 to 2030.
Grade Segment Analysis
"Industrial grade LSR accounted for the largest share"
Industrial grade LSR is widely used in automotive, electrical & electronics, and other consumer goods products. Due to the wider user base of LSR, this segment captured the largest market share in 2021. The lightweight and durability of LSR have resulted in its increased use in the automotive industry. Spark plug cable, gasket, and O-ring are some of the automotive products manufactured using LSR.
Apart from this, medical-grade LSR is anticipated to grow at the fastest rate from 2022 to 2030 owing to the increasing geriatric population across the globe which results in the growing demand for LSR for manufacturing catheter tube, reservoir, etc. among other products.
Regional Analysis
"The Asia Pacific dominating the world market"
The Asia Pacific captured the largest share of the global liquid silicone rubber market in 2021. The regional market is driven by the strong manufacturing growth of China and India. Also, the availability of low-cost labor, product innovation, and favorable government support for manufacturing influencing the market growth. Moreover, the growing Asian automotive, electrical & electronics and healthcare industry has a high demand for LSR, thereby, influencing the market growth. Further, some of the prominent LSR manufacturers are concentrated in the regions includes KCC Corporation, Guangdong Polysil Technology Co. Ltd, Shin-Etsu Chemical Co. It is estimated that the region will show the fastest growth from 2022 to 2030.
"Technological advancement is keeping the market competitive"
The global liquid silicone rubber market is highly competitive. Some of the major players of the market are Dow, KCC Corp., and Wacker Chemie AG. These market players are adopting strategies such as merger & acquisition of other players, partnership with other companies having advanced technology, increasing production capacity, and launching new products to stay competitive in the global market. Following is the list of players included in the published reports.
List of Companies Covered:
Dow
KCC Corporation
Simtec Silicone Parts, LLC
Nusil Technology LLC
Shin-Etsu Chemical Co., Ltd.
STOCKWELL ELASTOMERICS, INC.
Factor II, Inc.
Wacker Chemie AG
Momentive
Laur Silicone, Inc.
Guangdong Polysil Technology Co. Ltd.
and Others
Key Industry Development:
In September 2018, KCC Corporation signed an agreement to merge Momentive Performance Materials Inc., the U.S. based global silicone manufacturer. With this acquisition, the company has increased its product portfolio, client base, and geographical presence to more regions of the world. This will help KCC Corp. to improve its global presence further.
In September 2018, Shin-Etsu Chemical Co., Ltd. announced that it will invest over ¥110 billion in expanding its production capacity in Japan and on a global level and introduce products from silicone monomers and end-products. With this investment, the company is targeting to improve its share in the growing Asia Pacific market.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Liquid Silicone Rubber market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Liquid Silicone Rubber market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Grade
Food
Medical
Industrial
End-use
Automotive
Healthcare
Consumer Goods
Electrical & Electronics
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
Pre Covid-19 situation
Post Covid-19 situation
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Liquid Silicone Rubber market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Liquid Silicone Rubber market?
Which is the largest regional market for Liquid Silicone Rubber market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Liquid Silicone Rubber market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Liquid Silicone Rubber market worldwide?