Liquid Silicone Rubber Market Outlook, Current and Future Industry Landscape Analysis by 2026
Future Market Insights estimates that by the end of 2026, the global market for liquid silicone rubber will touch a valuation of US$ 7.88 billion. Industrial Grade Liquid Silicone Rubber to Reflect Global Market Value Share of 45% through 2026 The study foresees a moderate growth for the expansion of global liquid silicone rubber market during the period, 2022–2026. It has been estimated that the global liquid silicone rubber market will register a value CAGR of 4.6% over the forecast period. High carbon footprint of producing liquid silicone rubber at large scale, limitations to the reuse and recyclability of such elastomers and disposability challenges are set to deter the use of liquid silicone rubbers in the near future. Molding capabilities of liquid silicone rubbers will drive their use across several industrial applications. It has been observed that industrial grade liquid silicone rubber will showcase robust growth in demand in the coming years. Through 2026,...