The liquid silicone rubber market in APAC is expected to grow from US$ 497.18 million in 2022 to US$ 774.11 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2022 to 2028.

Increasing Investment in New Product launch from Market Players

Growing development of cost-effective products is propelling focus of players to develop new products. Expansion of production capacity and both local levels is one of the key industry trends. Industry players are increasingly shifting their preference towards using liquid silicone rubber in their automotive components and electronic products. For instance, Jabil Green Point, a leading electronics injection molding company, announced using liquid silicone rubber to produce noise-cancelling headphones. A slew of such instances is expected to create lucrative growth in the market. Liquid Silicone Rubber has unique physical and chemical properties such as high electrical resistivity, chemical inertness, and resistance to temperature extremes, etc. These properties have enabled their wide acceptance in the medical, electrical, and electronic, automotive and many other sectors. Further, increasing geriatric population is driving the demand for implants and medical devices in the medical industry and increasing emphasis on new product development.

Market Overview

The Asia Pacific liquid silicone rubber market comprises various potential economies, such as Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China, India, and other southeast Asian countries are the key markets in the region. Due to heavy investments from various manufacturers and the rise in government initiatives to support the production of different types of liquid silicone rubber, the production capacity of the region is expected to increase in the coming years. As the mobility industry has been increasingly inclining towards electrification and autonomy of vehicles in the region, the need for specialty components has been increasing. Hence, the global leaders are taking initiatives and focusing on expansion strategies. For instance, on 24th November 2021, Dätwyler Holding Inc.- a European leader in specialty elastomers has expanded their production of liquid silicone rubber components in Wuxi, China. Moreover, the growing product development and industrialization and wide application in end-use industries such as building & constriction, manufacturing, automotive, and healthcare especially in developing countries in the region are the major factors attributed to the growth of the liquid silicone rubber market. The growth and expansion of the automotive industry in developing countries focus on the high-quality efficiency of components used in the industry. The players are extensively providing product portfolios including sealants, coatings, one or two-component liquid rubbers, and adhesives. Hence, the wide array of applications and availability of various grades surging the demand for the liquid silicone rubber market.

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

APAC Liquid Silicone Rubber Market Segmentation

The APAC 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 industrial segment registered the largest market share in 2022.

Based on end users the APAC 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 Australia, China, India, Japan, South Korea, and Rest of APAC. China 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.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Liquid Silicone Rubber Market, by Grade
1.3.2 APAC Liquid Silicone Rubber Market, by End Users
1.3.3 APAC 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. APAC 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. APAC 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 – APAC Market Analysis
6.1 APAC Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
6.2 APAC Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
7. APAC Liquid Silicone Rubber Market Analysis – By Grade
7.1 Overview
7.2 APAC 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. APAC Liquid Silicone Rubber Market Analysis – By End User
8.1 Overview
8.2 APAC 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. APAC Liquid Silicone Rubber Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Liquid Silicone Rubber Market, by Key Country
9.1.1.1 Australia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2 Australia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.2.1 Australia: Liquid Silicone Rubber Market, by Grade
9.1.1.2.2 Australia: Liquid Silicone Rubber Market, by Grade
9.1.1.2.3 Australia: Liquid Silicone Rubber Market, by End User
9.1.1.3 China: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4 China: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.4.1 China: Liquid Silicone Rubber Market, by Grade
9.1.1.4.2 China: Liquid Silicone Rubber Market, by Grade
9.1.1.4.3 China: Liquid Silicone Rubber Market, by End User
9.1.1.5 India: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6 India: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.6.1 India: Liquid Silicone Rubber Market, by Grade
9.1.1.6.2 India: Liquid Silicone Rubber Market, by Grade
9.1.1.6.3 India: Liquid Silicone Rubber Market, by End User
9.1.1.7 Japan: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.8 Japan: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.8.1 Japan: Liquid Silicone Rubber Market, by Grade
9.1.1.8.2 Japan: Liquid Silicone Rubber Market, by Grade
9.1.1.8.3 Japan: Liquid Silicone Rubber Market, by End User
9.1.1.9 South Korea: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.10 South Korea: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.10.1 South Korea: Liquid Silicone Rubber Market, by Grade
9.1.1.10.2 South Korea: Liquid Silicone Rubber Market, by Grade
9.1.1.10.3 South Korea: Liquid Silicone Rubber Market, by End User
9.1.1.11 Rest of Asia Pacific: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.12 Rest of Asia Pacific: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.12.1 Rest of Asia Pacific: Liquid Silicone Rubber Market, by Grade
9.1.1.12.2 Rest of Asia Pacific: 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. APAC Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Table 2. APAC Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 5. Australia Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 6. Australia Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. China Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 8. China Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 9. China Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 10. India Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 11. India Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 12. India Liquid Silicone Rubber Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 13. Japan Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 14. Japan Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 15. Japan Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 16. South Korea Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 17. South Korea Liquid Silicone Rubber Market, by Grade– Volume and Forecast to 2028 (Tons)
Table 18. South Korea Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Asia Pacific Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of APAC Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 21. Rest of Asia Pacific Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 22. Glossary of Terms, Liquid Silicone Rubber Market

LIST OF FIGURES
Figure 1. APAC Liquid Silicone Rubber Market Segmentation
Figure 2. APAC Liquid Silicone Rubber Market Segmentation – By Country
Figure 3. APAC Liquid Silicone Rubber Market Overview
Figure 4. APAC Liquid Silicone Rubber Market, By Grade
Figure 5. APAC 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. APAC Liquid Silicone Rubber Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Liquid Silicone Rubber Market – Volume and Forecast to 2028 (Tons)
Figure 11. APAC Liquid Silicone Rubber Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Liquid Silicone Rubber Market Revenue Share, By Grade (2021 and 2028)
Figure 13. APAC Food: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. APAC Food: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 15. APAC Medical: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. APAC Medical: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 17. APAC Industrial: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. APAC Industrial: Liquid Silicone Rubber Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 19. APAC Liquid Silicone Rubber Market Revenue Share, By End User (2021 and 2028)
Figure 20. APAC Healthcare: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. APAC Automotive: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. APAC Consumer Goods: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. APAC Electrical and Electronics: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. APAC Others: Liquid Silicone Rubber Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. APAC Liquid Silicone Rubber Market, by Key Country – Revenue (2021) (US$ Million)
Figure 26. Asia Pacific: Liquid Silicone Rubber Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Australia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Australia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 29. China: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. China: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 31. India: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. India: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 33. Japan: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Japan: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 35. South Korea: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 36. South Korea: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Figure 37. Rest of Asia Pacific: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Rest of Asia Pacific: 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 APAC 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 APAC 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 APAC 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

The List of Companies – Asia-Pacific Liquid Silicone Rubber Market

● Avantor, Inc.
● CHT Germany GmbH
● Dow Inc.
● Elkem Asa
● KCC Silicone Corporation
● Momentive
● Shin Etsu Chemical Co. Ltd.
● Wacker Chemie AG