| Product Code: ETC5736401 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Antigua and Barbuda`s liquid silicone rubber import market in 2024 continued to be dominated by imports from top countries including the USA, Mexico, Puerto Rico, Dominican Republic, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 14.37% from 2020 to 2024, there was a notable decline in growth rate in 2024 at -49.91%. This may signal a temporary slowdown in demand or shifts in market dynamics that importers and stakeholders should monitor closely for future strategic planning.
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The liquid silicone rubber market in Antigua and Barbuda caters to industries such as healthcare, automotive, and electronics. Liquid silicone rubber is prized for its flexibility, durability, and biocompatibility, making it ideal for medical devices, seals, and insulation components. The market growth is driven by the demand for high-performance materials in various applications.
The liquid silicone rubber market benefits from its versatile applications in healthcare, automotive, electronics, and consumer goods industries. High durability, temperature resistance, and biocompatibility drive adoption in Antigua and Barbuda, particularly in medical devices and food-grade applications.
Challenges in the liquid silicone rubber market include quality control issues in manufacturing, customization demands for diverse applications, and the environmental impact of silicone waste disposal and recycling.
In the liquid silicone rubber market, Antigua and Barbuda focuses on promoting advanced manufacturing capabilities and product innovation. Government policies include incentives for silicone rubber research and development, quality assurance standards for medical and industrial applications, and support for local SMEs in silicone processing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Antigua and Barbuda Liquid Silicone Rubber Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Liquid Silicone Rubber Market - Industry Life Cycle |
3.4 Antigua and Barbuda Liquid Silicone Rubber Market - Porter's Five Forces |
3.5 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Antigua and Barbuda Liquid Silicone Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid silicone rubber in the healthcare and medical sectors in Antigua and Barbuda |
4.2.2 Growth in the automotive industry driving the need for liquid silicone rubber for gaskets, seals, and components |
4.2.3 Expansion of the electronics industry in Antigua and Barbuda leading to higher demand for liquid silicone rubber in electronics manufacturing |
4.3 Market Restraints |
4.3.1 Limited awareness and knowledge about the benefits and applications of liquid silicone rubber in Antigua and Barbuda |
4.3.2 High initial cost of liquid silicone rubber compared to conventional rubber materials |
4.3.3 Lack of skilled labor for specialized applications of liquid silicone rubber in Antigua and Barbuda |
5 Antigua and Barbuda Liquid Silicone Rubber Market Trends |
6 Antigua and Barbuda Liquid Silicone Rubber Market Segmentations |
6.1 Antigua and Barbuda Liquid Silicone Rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.3 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Medical, 2021-2031F |
6.1.4 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Food, 2021-2031F |
6.2 Antigua and Barbuda Liquid Silicone Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Medical Implants, 2021-2031F |
6.2.4 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.3 Antigua and Barbuda Liquid Silicone Rubber Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Liquid Silicone Rubber Market Revenues & Volume, By Liquid Injection Molding System, 2021-2031F |
7 Antigua and Barbuda Liquid Silicone Rubber Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Liquid Silicone Rubber Market Export to Major Countries |
7.2 Antigua and Barbuda Liquid Silicone Rubber Market Imports from Major Countries |
8 Antigua and Barbuda Liquid Silicone Rubber Market Key Performance Indicators |
8.1 Number of new product developments using liquid silicone rubber in Antigua and Barbuda |
8.2 Percentage increase in the adoption of liquid silicone rubber in key industries in Antigua and Barbuda |
8.3 Rate of growth in the number of partnerships or collaborations between liquid silicone rubber manufacturers and local businesses in Antigua and Barbuda |
9 Antigua and Barbuda Liquid Silicone Rubber Market - Opportunity Assessment |
9.1 Antigua and Barbuda Liquid Silicone Rubber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Antigua and Barbuda Liquid Silicone Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Antigua and Barbuda Liquid Silicone Rubber Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Antigua and Barbuda Liquid Silicone Rubber Market - Competitive Landscape |
10.1 Antigua and Barbuda Liquid Silicone Rubber Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Liquid Silicone Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |