South America Liquid Silicone Rubber Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Grade (Food, Medical, and Industrial) and End Users (Healthcare, Automotive, Consumer Goods, Electricals and Electronics, and Others)

The liquid silicone rubber market in SAM is expected to grow from US$ 65.70 million in 2022 to US$ 88.03 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2022 to 2028.

Fueling Application of Liquid Silicone Rubber in Medical Implants and Devices

Increase in rise in chronic illnesses and improvements in active implanted medical devices, is anticipating the demand of liquid silicone rubber. Furthermore, rise in aesthetic surgeries is also drive the demand of medical implants. Medical devices and implants are inserted into the body through surgical procedures and can then be removed depending on the needs of the patient. Medical devices and implants are usually made of body tissues, ceramics, metals, and plastics and help to improve the patient's quality of life. Currently, increasing incidence of chronic diseases and increasing awareness of health products are positively affecting the demand for implantable medical devices across the globe. Liquid silicone rubber improves quality of medical devices, and their lifetime performance. Medical grade silicone molding is used to manufacture dental and surgical implants. The materials vary in terms of characteristics such as elasticity, strength, hardness and compatibility, and other properties. All these properties are increasing demand. One of the major factors driving the demand for implantable medical devices in India is inflation in disposable incomes along with improved healthcare infrastructure. Apart from this, the growing geriatric population which is more prone to health disorders is contributing to the growth of the market. Moreover, the growing awareness of cosmetic surgery is positively affecting the demand for these devices in the country. Additionally, the Indian government has approved several new implantable medical devices, which in turn are expected to propel the market forward in the coming years.

Market Overview

The SAM liquid silicone rubber market comprises Brazil, Argentina, and the Rest of SAM. This region's food processing and agriculture sectors are the key contributors to its economic development. Both sectors require liquid silicone rubber due to its various applications. Additionality the booming automotive, electrical & electronics, and construction industries are expected to drive the growth of liquid silicone rubber due to its wide array of applications in these industries. Also, Brazil, Venezuela, and Chile are the major oil-producing industries, and the production of oil and gas further anticipates the demand for industrial-grade liquid silicone rubber. Also, the emerging automotive industry demand gaskets, LED lights, tyres, and cushioning in the production of the vehicle. The use of high-temperature elastomers, epoxy resins, adhesives and sealants in the automotive industry is rising which is augmenting the demand for liquid silicon rubber. The use of liquid silicone rubber is quite appealing because they are highly purified and cost-effective, which opens great opportunities for revenue generation in the regional market. Moreover, Liquid silicone rubber is widely utilized in personal care products, including cosmetics, skincare, and hair care products, which is expected to propel market expansion in the region. Furthermore, it is projected that technical advancement, particularly in the areas of refining, sterilization, and ultra-purification, will provide the liquid silicone rubber industry with improved growth possibilities in the forecast period.

SAM Liquid Silicone Rubber Market Revenue and Forecast to 2028 (US$ Million)

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SAM Liquid Silicone Rubber Market Segmentation

The SAM liquid silicone rubber market is segmented into grade, end users, and country. Based on grade, the market is segmented into food, medical, and industrial. The medical segment registered the largest market share in 2022.

Based on end users the SAM liquid silicone rubber market is segmented into healthcare, automotive, consumer goods, electricals and electronics, and others. The healthcare segment registered the largest market share in 2022.
Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. Brazil dominated the market share in 2022.

Avantor, Inc., CHT Germany GmbH, Dow Inc., Elkem Asa, KCC Silicone Corporation, Momentive, Shin Etsu Chemical Co. Ltd., and Wacker Chemie AG are the leading companies operating in the liquid silicone rubber market in the region.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

1.2.1 SAM Liquid Silicone Rubber Market, by Grade

1.2.2 SAM Liquid Silicone Rubber Market, by End Users

1.2.3 SAM Liquid Silicone Rubber Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

4. SAM Liquid Silicone Rubber Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers

4.3.2 Manufacturers

4.3.3 Distributors/Suppliers

4.3.4 End Users

4.4 Expert Opinion

5. SAM Liquid Silicone Rubber Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Demand for Silicone Rubber in Automotive Industry

5.1.2 Fueling Application of Liquid Silicone Rubber in Medical Implants and Devices

5.2 Market Restraint

5.2.1 High Cost Associated with Manufacturing and Processing

5.3 Market Opportunities

5.3.1 Surging Application in Consumer Electronics Industry Favors the Liquid Silicone Rubber

5.4 Market Future Trends

5.4.1 Increasing Investment in New Product launch from Market Players

5.5 Impact Analysis

6. Liquid Silicone Rubber – SAM Market Analysis

6.1 SAM Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

6.2 SAM Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

7. SAM Liquid Silicone Rubber Market Analysis – By Grade

7.1 Overview

7.2 SAM Liquid Silicone Rubber Market, By Grade (2021 and 2028)

7.3 Food

7.3.1 Overview

7.3.2 Food: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

7.3.3 Food: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)

7.4 Medical

7.4.1 Overview

7.4.2 Medical: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

7.4.3 Medical: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)

7.5 Industrial

7.5.1 Overview

7.5.2 Industrial: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

7.5.3 Industrial: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Kilo Tons)

8. SAM Liquid Silicone Rubber Market Analysis – By End User

8.1 Overview

8.2 SAM Liquid Silicone Rubber Market, By End User (2021 and 2028)

8.3 Healthcare

8.3.1 Overview

8.3.2 Healthcare: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Automotive

8.4.1 Overview

8.4.2 Automotive: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Consumer Goods

8.5.1 Overview

8.5.2 Consumer Goods: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.6 Electrical and Electronics

8.6.1 Overview

8.6.2 Electrical and Electronics: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

8.7 Others

8.7.1 Overview

8.7.2 Others: Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Mn)

9. SAM Liquid Silicone Rubber Market – Country Analysis

9.1 Overview

9.1.1 SAM: Liquid Silicone Rubber Market, by Key Country

9.1.1.1 Brazil: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2 Brazil: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

9.1.1.2.1 Brazil: Liquid Silicone Rubber Market, by Grade

9.1.1.2.2 Brazil: Liquid Silicone Rubber Market, by Grade

9.1.1.2.3 Brazil: Liquid Silicone Rubber Market, by End User

9.1.1.3 Argentina: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4 Argentina: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

9.1.1.4.1 Argentina: Liquid Silicone Rubber Market, by Grade

9.1.1.4.2 Argentina: Liquid Silicone Rubber Market, by Grade

9.1.1.4.3 Argentina: Liquid Silicone Rubber Market, by End User

9.1.1.5 Rest of SAM: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6 Rest of SAM: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

9.1.1.6.1 Rest of SAM: Liquid Silicone Rubber Market, by Grade

9.1.1.6.2 Rest of SAM: Liquid Silicone Rubber Market, by Grade

9.1.1.6.3 Rest of SAM: Liquid Silicone Rubber Market, by End User

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

10.4 Merger and Acquisition

11. Company Profiles

11.1 Avantor, Inc.

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Dow Inc.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Momentive

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Wacker Chemie AG

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 CHT Germany GmbH

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Elkem Asa

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 KCC Silicone Corporation

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Shin Etsu Chemical Co. Ltd.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES

Table 1. SAM Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

Table 2. SAM Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

Table 3. Brazil Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 4. Brazil Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 5. Brazil Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 6. Argentina Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 7. Argentina Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 8. Argentina Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 9. Rest of SAM Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 10. Rest of SAM Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 11. Rest of SAM Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 12. Glossary of Terms, Liquid Silicone Rubber Market

LIST OF FIGURES

Figure 1. SAM Liquid Silicone Rubber Market Segmentation

Figure 2. SAM Liquid Silicone Rubber Market Segmentation – By Country

Figure 3. SAM Liquid Silicone Rubber Market Overview

Figure 4. SAM Liquid Silicone Rubber Market, By Grade

Figure 5. SAM Liquid Silicone Rubber Market, by Country

Figure 6. Porter's Five Forces Analysis

Figure 7. Liquid Silicone Rubber Market – Ecosystem

Figure 8. Expert Opinion

Figure 9. SAM Liquid Silicone Rubber Market Impact Analysis of Drivers and Restraints

Figure 10. SAM Liquid Silicone Rubber Market – Volume and Forecast to 2028 (Tons)

Figure 11. SAM Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. SAM Liquid Silicone Rubber Market Revenue Share, By Grade (2021 and 2028)

Figure 13. SAM Food: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14. SAM Food: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)

Figure 15. SAM Medical: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16. SAM Medical: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)

Figure 17. SAM Industrial: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18. SAM Industrial: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)

Figure 19. SAM Liquid Silicone Rubber Market Revenue Share, By End User (2021 and 2028)

Figure 20. SAM Healthcare: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21. SAM Automotive: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22. SAM Consumer Goods: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23. SAM Electrical and Electronics: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24. SAM Others: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 25. SAM Liquid Silicone Rubber Market, by Key Country – Revenue (2021) (US$ Million)

Figure 26. SAM: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)

Figure 27. Brazil: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28. Brazil: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

Figure 29. Argentina: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30. Argentina: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

Figure 31. Rest of SAM: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32. Rest of SAM: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM liquid silicone rubber market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM liquid silicone rubber market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the liquid silicone rubber market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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