Liquid Silicone Rubber Market : Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Global Liquid Silicone Rubber Market: Snapshot
Healthcare industry is raising its standards and operations with every passing day. The industry is implementing new solutions, innovating technologies, and several compliance to ensure the safety of the patient and professionals working in the facility. One of the major adoption that industry has mandate is use of rubber gloves. These gloves are no ordinary gloves, they are made from liquid silicone rubber. These rubber gloves are biocompatible, that is they reduce the risk of infection, and are strong and expandable. These benefits and the growing demand for rubber gloves in medical industry is the major factor that is boosting the growth of global liquid silicone rubber market from 2018 to 2026.
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Factors Influencing the Dynamics of Global Liquid Silicone Rubber Market:
- The demand for hygiene and growing case of HAI is major factor boosting the growth of global liquid silicone rubber market. Hospitals have become some of many areas where the chances of getting an infection is highest. This puts the life of both –patient and care provider’s life in danger. To keep both of them safe, medical institutes are using liquid silicone rubber gloves. This as a result boosts the growth of global liquid silicone rubber market.
- Since, the products made from liquid silicone rubber are durable and reliable, they are extensively used in various industries. For instance, the oil and gas industry use the material to cover its valves to protect them from heat and other radiations. Manufacturing industry uses liquid silicone rubber to laminate its tools to ensure their long life. Based on these widespread applications, the demand for liquid silicone rubber is growing with every passing day. This as a result shall propel the growth of global liquid silicone rubber market.
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Liquid Silicone Rubber Market: Snapshot
Liquid silicone rubber is profoundly unadulterated platinum cured silicone rubber. Key properties of LSR are resistance to bacteria and chemical, biocompatibility, predominant dielectric quality, high extension and high rigidity which has fluctuated application in numerous enterprises and will fuel the product demand.
Liquid silicone rubber discovers application in manufacturing car parts, for example, soft touch components, valves, spark plug boots, LED headlights, gaskets, protective caps, wiper blades bellows, and custom O-rings. Global car production is estimated to develop in future, driving global liquid silicone rubber market crediting to its properties such as tears and stress, compression resistant, and high thermal stability. Also, LSR produces least waste, automated process, energy saving and economies of scale which is probably going to support its application in car segment.