Product Code: ETC4511485 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India liquid silicone rubber market import shipment demonstrated strong growth with a notable CAGR from 2020-2024. The growth rate between 2023 and 2024 surged even further, indicating an accelerated expansion trend. The market has clearly been on a robust upward trajectory, showing significant momentum in recent years.
Liquid silicone rubber (LSR) is crucial in medical devices, automotive components, and consumer goods. The India Liquid Silicone Rubber market is growing as manufacturers seek versatile and high-quality rubber solutions.
The India liquid silicone rubber (LSR) market is flourishing due to several key drivers. LSR is known for its exceptional thermal and chemical resistance, making it a preferred material in various industries. The automotive sector, in particular, is adopting LSR for applications such as gaskets, seals, and electrical connectors due to its durability and flexibility. In the healthcare industry, LSR is widely used for medical devices and equipment because of its biocompatibility and sterilization capabilities. Additionally, the growing demand for consumer electronics and wearables has increased the need for LSR in the production of durable, waterproof, and electrically insulating components. The versatility and adaptability of LSR make it a valuable material in numerous sectors.
This market faces challenges related to the development of liquid silicone rubber products with consistent quality, cure times, and performance for applications in healthcare, automotive, and electronics.
The India Liquid Silicone Rubber market, catering to the automotive, healthcare, and electronics sectors, encountered a mixed impact from COVID-19. While automotive production faced disruptions, the healthcare industry`s demand for liquid silicone rubber for medical devices and equipment remained robust. Manufacturers had to adjust their production priorities to meet the surge in healthcare-related demand. The market exhibited resilience and adaptability, focusing on critical applications and diversifying its offerings.
Significant contributors in the India liquid silicone rubber market involve Dow Silicones Corporation, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd, Momentive Performance Materials Inc, and Elkem Silicones.
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 India Liquid Silicone Rubber Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquid Silicone Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquid Silicone Rubber Market - Industry Life Cycle |
3.4 India Liquid Silicone Rubber Market - Porter's Five Forces |
3.5 India Liquid Silicone Rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 India Liquid Silicone Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Liquid Silicone Rubber Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 India Liquid Silicone Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid silicone rubber in industries such as automotive, healthcare, and electronics |
4.2.2 Growing focus on product innovation and development in the liquid silicone rubber market |
4.2.3 Rising awareness about the benefits of liquid silicone rubber such as flexibility, durability, and biocompatibility |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in liquid silicone rubber production |
4.3.2 Stringent regulatory requirements and compliance standards in the manufacturing of liquid silicone rubber products |
4.3.3 Intense competition from alternative materials like thermoplastics and traditional rubbers |
5 India Liquid Silicone Rubber Market Trends |
6 India Liquid Silicone Rubber Market, By Types |
6.1 India Liquid Silicone Rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Liquid Silicone Rubber Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 India Liquid Silicone Rubber Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 India Liquid Silicone Rubber Market Revenues & Volume, By Medical, 2021-2031F |
6.1.5 India Liquid Silicone Rubber Market Revenues & Volume, By Food, 2021-2031F |
6.2 India Liquid Silicone Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Liquid Silicone Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India Liquid Silicone Rubber Market Revenues & Volume, By Medical Implants, 2021-2031F |
6.2.4 India Liquid Silicone Rubber Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.3 India Liquid Silicone Rubber Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 India Liquid Silicone Rubber Market Revenues & Volume, By Liquid Injection Molding System, 2021-2031F |
7 India Liquid Silicone Rubber Market Import-Export Trade Statistics |
7.1 India Liquid Silicone Rubber Market Export to Major Countries |
7.2 India Liquid Silicone Rubber Market Imports from Major Countries |
8 India Liquid Silicone Rubber Market Key Performance Indicators |
8.1 Research and development investment in new liquid silicone rubber formulations |
8.2 Rate of adoption of liquid silicone rubber in emerging applications and industries |
8.3 Number of patents filed for liquid silicone rubber technologies |
8.4 Customer satisfaction levels and feedback on the performance of liquid silicone rubber products |
8.5 Environmental impact assessments and sustainability efforts in liquid silicone rubber production |
9 India Liquid Silicone Rubber Market - Opportunity Assessment |
9.1 India Liquid Silicone Rubber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 India Liquid Silicone Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Liquid Silicone Rubber Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 India Liquid Silicone Rubber Market - Competitive Landscape |
10.1 India Liquid Silicone Rubber Market Revenue Share, By Companies, 2024 |
10.2 India Liquid Silicone Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |