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Europe 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 Europe is expected to grow from US$ 23,127.33 million in 2022 to US$ 33,579.15 million by 2028. It is estimated to grow at a CAGR of 6.4% from 2022 to 2028.

Rising Demand for Silicone Rubber in Automotive Industry

The automotive sector has witnessed tremendous growth in the last decade and is expected to rise steadily during the forecast period. However, the COVID-19 pandemic significantly affected the sector’s growth from 2020 to 2021 due to several factors, such as nationwide lockdowns and a decline in investments. However, the industry is expected to gradually gain its growth rate same as before the emergence of the COVID-19 pandemic by FY 2022–2023. The ease of travel restrictions rises in transportation activities, and mass vaccination program in 2021 have aided the automotive industry, thus fueling automobile sales. Further, as per the report of OICA, the automotive industry has shown positive growth of over ~5% in 2021 compared to 2020. With increasing regulatory pressure on improving the fuel efficiency of vehicles and reducing greenhouse gas emissions, there has been a remarkable development in lightweight components for automotive industry. The components manufactured from liquid silicone rubber are lightweight and helps in increasing fuel efficiency. Liquid silicone rubber reduces carbon dioxide and nitrogen emission which are air pollutants. The final standards will significantly reduce GHG emissions and other criteria pollutants, which will lead to substantial public health and welfare benefits while providing consumers with savings from lower fuel costs. Thus, the growing automotive industry and stringent government policies on reducing greenhouse gas emissions are driving the market for liquid silicone rubber across region.

Market Overview

The liquid silicone rubber market in Europe comprises Germany, France, Italy, the UK, Russia, and the Rest of Europe. The liquid silicone rubber is frequently used in the automotive industry in Europe. Liquid silicone rubber is an essential component of many parts of vehicles. To reduce the emissions of harmful gases battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) production is gradually penetrating the Europe market. According to the European Environment Agency (EEA) published a report on 18th November 2021, electric car and vans registrations were closed at 1,325,000 units in 2021, and 5,50,000 units in 2021. As the electric car adoption has been increasing dramatically, it leads to result in the booming of the automotive industry in the region. The adoption of liquid silicone in the manufacturing of single-wire seals, grommets, proximity sensors, membranes, engines, powertrain components, sealing solutions, interior cushioning and Lighting has been increasing further driving the demand for liquid silicone rubber across the region.

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

Europe Liquid Silicone Rubber Market Segmentation

The Europe 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 Europe 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 Germany, France, UK, Italy, Russia, and Rest of Europe. Rest of Europe 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 Europe Liquid Silicone Rubber Market, by Grade
1.3.2 Europe Liquid Silicone Rubber Market, by End Users
1.3.3 Europe 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. Europe 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. Europe 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 – Europe Market Analysis
6.1 Europe Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
6.2 Europe Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Liquid Silicone Rubber Market Analysis – By Grade
7.1 Overview
7.2 Europe 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. Europe Liquid Silicone Rubber Market Analysis – By End User
8.1 Overview
8.2 Europe 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. Europe Liquid Silicone Rubber Market – Country Analysis
9.1 Overview
9.1.1 Europe: Liquid Silicone Rubber Market, by Key Country
9.1.1.1 Germany: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Liquid Silicone Rubber Market, by Grade
9.1.1.1.2 Germany: Liquid Silicone Rubber Market, by Grade
9.1.1.1.3 Germany: Liquid Silicone Rubber Market, by End User
9.1.1.2 France: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Liquid Silicone Rubber Market, by Grade
9.1.1.2.2 France: Liquid Silicone Rubber Market, by Grade
9.1.1.2.3 France: Liquid Silicone Rubber Market, by End User
9.1.1.3 Italy: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4 Italy: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.4.1 Italy: Liquid Silicone Rubber Market, by Grade
9.1.1.4.2 Italy: Liquid Silicone Rubber Market, by End User
9.1.1.5 UK: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6 UK: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.6.1 UK: Liquid Silicone Rubber Market, by Grade
9.1.1.6.2 UK: Liquid Silicone Rubber Market, by End User
9.1.1.7 Russia: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.8 Russia: Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
9.1.1.8.1 Russia: Liquid Silicone Rubber Market, by Grade
9.1.1.8.2 Russia: Liquid Silicone Rubber Market, by End User
9.1.1.9 Rest of Europe: Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.9.1 Rest of Europe: Liquid Silicone Rubber Market, by Grade
9.1.1.9.2 Rest of Europe: 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. Europe Liquid Silicone Rubber Market –Volume and Forecast to 2028 (Tons)
Table 2. Europe Liquid Silicone Rubber Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 5. Germany Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 6. France Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 7. France Liquid Silicone Rubber Market, by Grade – Revenue and Forecast to 2028 (USD Million)
Table 8. France Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 9. Italy Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 10. Italy Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 11. Italy Liquid Silicone Rubber Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 12. UK Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 13. UK Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 14. UK Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 15. Russia Liquid Silicone Rubber Market, by Grade – Revenue and Forecast to 2028 (USD Million)
Table 16. Russia Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 17. Russia Liquid Silicone Rubber Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Europe Liquid Silicone Rubber Market, by Grade– Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe Liquid Silicone Rubber Market, by Grade – Volume and Forecast to 2028 (Tons)
Table 20. Rest of Europe Liquid Silicone Rubber Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 21. Glossary of Terms, Liquid Silicone Rubber Market

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

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