| Product Code: ETC5736439 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Finland`s liquid silicone rubber import market continued to showcase strong growth, with a notable CAGR of 7.08% from 2020 to 2024. The top exporting countries to Finland included Germany, Metropolitan France, USA, Belgium, and the UK, indicating a diverse range of sources. Despite the diversity, the market remained concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The growth rate of 4.54% from 2023 to 2024 further solidifies the positive trajectory of liquid silicone rubber imports into Finland.
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Finlands liquid silicone rubber (LSR) market is expanding, driven by its applications in automotive, healthcare, electronics, and consumer goods. LSR is favored for its high flexibility, durability, and resistance to extreme temperatures. Finnish manufacturers are increasingly adopting LSR for a variety of innovative applications, particularly in the automotive and medical sectors, where precision and reliability are critical. The demand for LSR is expected to grow as more industries recognize its benefits in producing complex, high-performance parts and components.
The liquid silicone rubber market in Finland is growing due to its wide range of applications in industries such as automotive, electronics, medical devices, and consumer goods. Liquid silicone rubber is known for its durability, heat resistance, and flexibility, making it ideal for manufacturing parts that require high-performance materials. As technological advancements continue, demand for liquid silicone rubber products in innovative applications is driving market growth.
The liquid silicone rubber market in Finland is affected by the need for continuous innovation in applications across industries such as automotive, healthcare, and electronics. However, fluctuating raw material costs and increasing competition from lower-cost synthetic materials put pressure on manufacturers. Additionally, environmental concerns related to the disposal of silicone-based products challenge the market`s sustainability.
The Liquid Silicone Rubber (LSR) market in Finland is influenced by strict EU regulations regarding the use of chemicals in manufacturing processes. Finlands government policies support the production and use of environmentally friendly materials, and LSR is recognized for its sustainability due to its recyclability and non-toxic properties. The market is also driven by demand from industries such as healthcare, automotive, and electronics, where LSR is increasingly used.
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 Finland Liquid Silicone Rubber Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Liquid Silicone Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Liquid Silicone Rubber Market - Industry Life Cycle |
3.4 Finland Liquid Silicone Rubber Market - Porter's Five Forces |
3.5 Finland Liquid Silicone Rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Finland Liquid Silicone Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Finland Liquid Silicone Rubber Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Finland Liquid Silicone Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as automotive, healthcare, and electronics due to the unique properties of liquid silicone rubber. |
4.2.2 Increasing focus on product innovation and development in the silicone rubber industry. |
4.2.3 Favorable government regulations and policies promoting the use of silicone rubber in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production cost of liquid silicone rubber. |
4.3.2 Intense competition from substitute materials in certain applications. |
4.3.3 Challenges related to recycling and disposal of silicone rubber waste. |
5 Finland Liquid Silicone Rubber Market Trends |
6 Finland Liquid Silicone Rubber Market Segmentations |
6.1 Finland Liquid Silicone Rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Finland Liquid Silicone Rubber Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.3 Finland Liquid Silicone Rubber Market Revenues & Volume, By Medical, 2021-2031F |
6.1.4 Finland Liquid Silicone Rubber Market Revenues & Volume, By Food, 2021-2031F |
6.2 Finland Liquid Silicone Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Finland Liquid Silicone Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Finland Liquid Silicone Rubber Market Revenues & Volume, By Medical Implants, 2021-2031F |
6.2.4 Finland Liquid Silicone Rubber Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.3 Finland Liquid Silicone Rubber Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Finland Liquid Silicone Rubber Market Revenues & Volume, By Liquid Injection Molding System, 2021-2031F |
7 Finland Liquid Silicone Rubber Market Import-Export Trade Statistics |
7.1 Finland Liquid Silicone Rubber Market Export to Major Countries |
7.2 Finland Liquid Silicone Rubber Market Imports from Major Countries |
8 Finland Liquid Silicone Rubber Market Key Performance Indicators |
8.1 Research and development expenditure on new liquid silicone rubber products. |
8.2 Adoption rate of liquid silicone rubber in key industries. |
8.3 Number of patents filed for liquid silicone rubber innovations. |
8.4 Percentage of recycled silicone rubber material used in production. |
9 Finland Liquid Silicone Rubber Market - Opportunity Assessment |
9.1 Finland Liquid Silicone Rubber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Finland Liquid Silicone Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Finland Liquid Silicone Rubber Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Finland Liquid Silicone Rubber Market - Competitive Landscape |
10.1 Finland Liquid Silicone Rubber Market Revenue Share, By Companies, 2024 |
10.2 Finland Liquid Silicone Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |