The Size and Share of Liquid Silicone Rubber Market are Expected to Grow in 2028

According to the new research report published from the Insight Partners website, the value of the liquid silicone rubber market is expected to reach US$ 1.88 Billion by 2028, exceeding the number of 1.4 billion in 2022.

Liquid silicone rubber is a high-purity, two-constituent platinum cured silicone rubber. It is ideally made for the production of technical modules, which require high strength, resistance and quality. It is a fluid and viscous material, and can be processed through injection molding in most conditions. LSR has great bio-resistance and durable so that guarantees long-term chemical resistance and stability.

Currently, in 2021, as the report indicated, over 5 Asia Pacific regions held the most share of the global liquid silicone rubber market. The manufacture capacity of these regions would growth in the coming years due to large investiments form producers and policy supported from government. Moreover, the demand of specialty parts has been rising with the increasing trends of electrification and automotive in the region.

China as major manufacturer of electronics products. LSR is an ideal material that be massively used in the electronics industry. Good durability, UV resistance, superior mechanical properties and flexibility are the main properties of this rubber, which are enable producers to improve the quality of different electronics parts.