Product Code: ETC4511484 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The liquid silicone rubber (LSR) market in South Korea is expanding as it finds applications in automotive, electronics, healthcare, and consumer goods industries. LSR offers properties such as heat resistance, flexibility, and biocompatibility, making it suitable for molding intricate and durable parts. In automotive and electronics, LSR is used in seals, gaskets, and electrical connectors, while in healthcare, it is used in medical implants and devices. The market growth is driven by advancements in silicone chemistry, the trend towards miniaturization in electronics, and the growing demand for silicone-based medical products.
The liquid silicone rubber market in South Korea is expanding due to its use in various applications, including medical devices, automotive parts, and consumer goods. Liquid silicone rubber offers excellent flexibility, durability, and biocompatibility. The growth of the healthcare and automotive industries, increasing demand for high-performance materials, and advancements in silicone rubber technologies are key drivers of market growth.
Environmental regulations on volatile organic compounds (VOCs) and the need for specialized manufacturing equipment present challenges in the South Korean liquid silicone rubber market. Market players must invest in sustainable production practices and technology upgrades to maintain competitiveness.
Government policies in South Korea regarding the liquid silicone rubber market focus on industrial safety, healthcare innovation, and material science. Regulations ensure rubber purity, biocompatibility, and manufacturing standards in the production of liquid silicone rubber used in medical devices, automotive parts, and consumer electronics. Financial incentives are provided for silicone manufacturers, medical device companies, and automotive suppliers investing in silicone elastomer technology, clean manufacturing processes, and product testing that meet global quality standards and regulatory requirements. Additionally, there are initiatives to promote R&D in silicone chemistry, foster collaborations between material scientists and industry specialists, and support South Korea`s manufacturing sector with advanced liquid silicone rubber applications that enhance product performance, reliability, and safety across diverse industrial sectors.
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 South Korea Liquid Silicone Rubber Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Liquid Silicone Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Liquid Silicone Rubber Market - Industry Life Cycle |
3.4 South Korea Liquid Silicone Rubber Market - Porter's Five Forces |
3.5 South Korea Liquid Silicone Rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 South Korea Liquid Silicone Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 South Korea Liquid Silicone Rubber Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 South Korea Liquid Silicone Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Liquid Silicone Rubber Market Trends |
6 South Korea Liquid Silicone Rubber Market, By Types |
6.1 South Korea Liquid Silicone Rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Medical, 2021-2031F |
6.1.5 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Food, 2021-2031F |
6.2 South Korea Liquid Silicone Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Medical Implants, 2021-2031F |
6.2.4 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.3 South Korea Liquid Silicone Rubber Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 South Korea Liquid Silicone Rubber Market Revenues & Volume, By Liquid Injection Molding System, 2021-2031F |
7 South Korea Liquid Silicone Rubber Market Import-Export Trade Statistics |
7.1 South Korea Liquid Silicone Rubber Market Export to Major Countries |
7.2 South Korea Liquid Silicone Rubber Market Imports from Major Countries |
8 South Korea Liquid Silicone Rubber Market Key Performance Indicators |
9 South Korea Liquid Silicone Rubber Market - Opportunity Assessment |
9.1 South Korea Liquid Silicone Rubber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 South Korea Liquid Silicone Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 South Korea Liquid Silicone Rubber Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 South Korea Liquid Silicone Rubber Market - Competitive Landscape |
10.1 South Korea Liquid Silicone Rubber Market Revenue Share, By Companies, 2024 |
10.2 South Korea Liquid Silicone Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |