Economy
[Latest] Global (LSR) Liquid Silicone Rubber Market Size/Share Worth USD 1,977.65 Million by 2032 at an 8.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USA, June 26, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Liquid Silicone Rubber Market Size, Trends and Insights By Grade Type (Food Grade, Industrial Grade, Medical Grade, Others), By Technology (Liquid Injection, Molding System, Other Molding Processes), By End-use Industry (Consumer Goods, Electrical and Electronics, Construction, Automotive, Healthcare, Other Applications), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.”According to the latest research study, the demand of global (LSR) Liquid Silicone Rubber Market size & share was valued at approximately USD 1,289.80 Million in 2022 and is expected to reach USD 1358.58 Million in 2023 and is expected to reach a value of around USD 1,977.65 Million by 2032, at a compound annual growth rate (CAGR) of about 8.5% during the forecast period 2023 to 2032.”Click Here to Access a Free Sample Report of the Global (LSR) Liquid Silicone Rubber Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=24050Liquid Silicone Rubber LSR Market: Growth Factors and DynamicsThe liquid silicone rubber LSR market is driven by various dynamics that shape its growth and development. Here are the key dynamics influencing the LSR market:Increasing Demand in Electronics Sector: The electronics industry is experiencing rapid growth, and LSR finds extensive applications in electronic components, such as keypads, connectors, and seals. The rising demand for consumer electronics, wearable devices, and automotive electronics is driving the adoption of LSR in this sector.Automotive Industry Growth: The automotive industry is a significant driver for the LSR market. The lightweight and durable nature of LSR components makes them highly desirable for automotive applications, including gaskets, seals, and wiper blades. The emphasis on fuel efficiency, emission reduction, and overall vehicle performance contributes to the demand for LSR in the automotive sector.Stringent Environmental Regulations: Increasing environmental concerns and stringent regulations related to emissions and pollutants drive the adoption of LSR. LSR components help reduce CO2 and NO2 emissions in vehicles, making them environmentally friendly. These regulations create a favorable market environment for LSR, especially in regions with strict emission standards.Advancements in Manufacturing Technologies: Technological advancements in LSR manufacturing processes, such as injection molding and 3D printing, have enhanced the efficiency and precision of LSR component production. These advancements enable complex designs, customization, and faster production, further driving the growth of the LSR market.Growing Healthcare Industry: The healthcare sector utilizes LSR in various applications, including medical devices, implants, and prosthetics, due to its biocompatibility, sterilizability, and chemical resistance. With the expanding healthcare industry, the demand for LSR in medical applications is increasing, contributing to the overall market growth.Asia-Pacific Dominance: The Asia-Pacific region, particularly China and India, is witnessing significant growth in the LSR market. Factors such as rapid industrialization, increasing automotive production, and growing electronics manufacturing in this region contribute to its dominance. The availability of skilled labor and favorable government initiatives further support market growth.Research and Development: Continuous research and development efforts by manufacturers and suppliers focus on improving LSR properties, such as heat resistance, tensile strength, and aging resistance. These advancements aim to expand the application scope of LSR and enhance its performance in various industries, driving market growth.Request a Customized Copy of the (LSR) Liquid Silicone Rubber Market Report @ https://www.custommarketinsights.com/request-for-customization/?reportid=24050Report ScopFeature of the ReportDetailsMarket Size in 2023USD 1358.58 MillionProjected Market Size in 2032USD 1,977.65 MillionMarket Size in 2022USD 1,289.80 MillionCAGR Growth Rate8.5% CAGRBase Year2022Forecast Period2023-2032Key SegmentBy Grade Type, Technology, End-use and RegionReport CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying OptionsRequest tailored purchasing options to fulfil your requirements for research.(A free sample of the (LSR) Liquid Silicone Rubber report is available upon request; please contact us for more information.)Our Free Sample Report Consists of the following:Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.About 220+ Pages Research Report (Including Recent Research)Provide detailed chapter-by-chapter guidance on the Request.Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023Includes Tables and figures have been updated.The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology(Please note that the sample of the (LSR) Liquid Silicone Rubber report has been modified to include the COVID-19 impact study prior to delivery.)Request a Customized Copy of the (LSR) Liquid Silicone Rubber Market Report @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/Liquid Silicone Rubber LSR Market: COVID-19 AnalysisThe COVID-19 pandemic has had a significant impact on the global economy and various industries, including the liquid silicone rubber LSR market. Here is an analysis of the effects of COVID-19 on the LSR Market:Supply Chain Disruptions: The pandemic led to disruptions in global supply chains, including raw material procurement and transportation. Restrictions on manufacturing activities, closure of borders, and reduced workforce availability affected the supply of LSR materials and components. This resulted in production delays and supply chain challenges for LSR manufacturers.Demand Fluctuations: The automotive industry, a major consumer of LSR, experienced a significant downturn during the pandemic due to lockdowns, travel restrictions, and reduced consumer spending. This led to a decline in demand for LSR in automotive applications. Similarly, the electronics sector faced disruptions, impacting the demand for LSR in electronic components.Shift in Consumer Behavior: The pandemic influenced consumer behavior, resulting in changed priorities and preferences. The focus shifted towards essential items and healthcare-related products, while discretionary spending on non-essential goods, including certain LSR applications, decreased. This shift affected the demand for LSR in sectors such as consumer goods and non-essential automotive components.Recovery in Medical Sector: On the positive side, the medical sector experienced an increased demand for LSR-based products such as medical devices, equipment, and personal protective equipment (PPE). LSR’s biocompatibility, chemical resistance, and sterilizability made it suitable for medical applications, driving its demand in this sector.Acceleration of Digital Transformation: The pandemic accelerated digital transformation, leading to increased demand for electronic devices, data centers, and telecommunications infrastructure. This created opportunities for LSR applications in electronic components, such as connectors, cables, and seals, supporting the recovery of the electronics sector.Resilience and Adaptation: LSR manufacturers responded to the challenges posed by the pandemic by implementing safety measures, optimizing operations, and exploring new opportunities. Some manufacturers diversified their product offerings or shifted focus to essential sectors, such as healthcare and medical applications, to mitigate the impact of the pandemic.Recovery and Future Outlook: As vaccination efforts progress and economies gradually reopen, the automotive and electronics sectors are expected to recover. The demand for LSR in these sectors is likely to rebound, driving market growth. Additionally, the focus on sustainability and the demand for environmentally friendly materials may further support the adoption of LSR in various applications.Request a Customized Copy of the (LSR) Liquid Silicone Rubber Market Report @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/Key questions answered in this report:What is the size of the (LSR) Liquid Silicone Rubber market and what is its expected growth rate?What are the primary driving factors that push the (LSR) Liquid Silicone Rubber market forward?What are the (LSR) Liquid Silicone Rubber Industry’s top companies?What are the different categories that the (LSR) Liquid Silicone Rubber Market caters to?What will be the fastest-growing segment or region?In the value chain, what role do essential players play?What is the procedure for getting a free copy of the (LSR) Liquid Silicone Rubber market sample report and company profiles?Key Offerings:Market Share, Size & Forecast by Revenue | 2023−2032Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading TrendsMarket Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regionsCompetitive Landscape – Top Key Vendors and Other Prominent VendorsBuy this Premium (LSR) Liquid Silicone Rubber Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/List of the prominent players in the Liquid Silicone Rubber LSR Market:Avantor Inc.Beacon Medtech SolutionsDow Inc.MOMENTIVEWacker Chemie AGCHT Germany GmbHElkem AsaKCC Silicone CorporationShin Etsu Chemical Co. Ltd.Stockwell Elastometrics Inc.OthersLiquid Silicone Rubber Market – Regional AnalysisRegional analysis of the liquid silicone rubber (LSR) market reveals significant growth and opportunities in various parts of the world. Here is an overview of the regional analysis:North America:North America has a well-established automotive industry, which drives the demand for LSR.Stringent regulations regarding fuel efficiency and emissions control create a favorable market for LSR applications.The United States and Canada are the major contributors to the LSR market in this region.Request a Customized Copy of the (LSR) Liquid Silicone Rubber Market Report @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@custommarketinsights.comBrowse the full “Liquid Silicone Rubber Market Size, Trends and Insights By Grade Type (Food Grade, Industrial Grade, Medical Grade, Others), By Technology (Liquid Injection, Molding System, Other Molding Processes), By End-use Industry (Consumer Goods, Electrical and Electronics, Construction, Automotive, Healthcare, Other Applications), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/ Europe:Europe is another prominent market for LSR, driven by the presence of leading automotive manufacturers.The European Union’s strict emission standards and focus on sustainable transportation contribute to the demand for LSR.Germany, France, Italy, and the United Kingdom are key countries in the European LSR market.Asia Pacific:Asia Pacific is a rapidly growing market for LSR, fueled by the booming automotive sector in countries like China and India.Rising disposable incomes, urbanization, and increasing demand for electric vehicles drive the LSR market in this region.China, Japan, South Korea, and India are major contributors to the Asia Pacific LSR market.Click Here to Get a Free Sample Report of the Global (LSR) Liquid Silicone Rubber Market @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/Latin America:Latin America exhibits considerable potential for LSR market growth due to the expanding automotive industry.Brazil, Mexico, and Argentina are the key countries contributing to the demand for LSR in this region.Middle East and Africa:The Middle East and Africa region show emerging opportunities for the LSR market due to the growing automotive sector.The presence of luxury car manufacturers and increasing investments in automotive manufacturing infrastructure drive LSR demand.United Arab Emirates, Saudi Arabia, and South Africa are among the prominent markets in this region.Click Here to Access a Free Sample Report of the Global (LSR) Liquid Silicone Rubber Market @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/Spectacular DealsComprehensive coverageMaximum number of market tables and figuresThe subscription-based option is offered.Best price guaranteeFree 35% or 60 hours of customization.Free post-sale service assistance.25% discount on your next purchase.Service guarantees are available.Personalized market brief by author.Browse More Related Reports: Fire Resistant Hydraulic Fluid Market: Fire Resistant Hydraulic Fluid Market Size, Trends and Insights By Type (Water-based, Water-in-oil Emulsions (ISO HFB), Oil-in-water Emulsions (ISO HFA), Water Glycol Fluids (ISO HFC), Anhydrous-based, Polyol Esters, Phosphate Esters (ISO HFDR), PAG), By Application (Metal Processing, Marine, Aviation, Mining, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032Graphite Electrode Market: Graphite Electrode Market Size, Trends and Insights, By Electrode Grade Analysis (Ultra-High Power (UHP), High Power (SHP), Regular Power (RP)), By Application Analysis (Steel, Nonferrous Metals, Fused Materials, Inverted, Chemical Processing, Electric Arc Furnace (EAF), Ladle Furnace (LF), Basic Oxygen Furnace, Non-steel Application), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032Nano Zinc Oxide Market: Nano Zinc Oxide Market Size, Trends and Insights By Product Type (Coated Nano Zinc Oxide, Uncoated Nano Zinc Oxide), By Application (Personal Care and Cosmetics, Healthcare, Agriculture, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032Breathable Films Market: Breathable Films Market Size, Trends, and Insights By Material (Polypropylene, Polyethylene, Others), By Technology (Microporous, Monolithic), By End User (Medical, Packaging, Textile, Construction, Hygiene and personal care, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share Outlook, and Forecast 2023–2032Electrical Insulation Materials Market: Electrical Insulation Materials Market Size, Trends and Insights By Type (Glass Insulator, Polymer Insulator, Porcelain Insulator), By Material (Thermoplastics, Thermosets, Fiber Glass, Mica, Cellulose, Cotton & Others), By Voltage (High Voltage, Medium Voltage, Low Voltage), By Application (Transformers and Bushings, Rotating Machines, Cables and Transmission Lines, Surge Protector and Circuit Breaker, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032The Liquid Silicone Rubber LSR Market is segmented as follows:By Grade Type:Food GradeIndustrial GradeMedical GradeOthersBy Technology:Liquid Injection Molding SystemOther Molding ProcessesBy End-use Industry:Consumer GoodsElectrical and ElectronicsConstructionAutomotiveHealthcareOther ApplicationsBy RegionNorth AmericaEuropeFranceThe UKSpainGermanyItalyRest of EuropeAsia PacificChinaJapanIndiaAustraliaSouth KoreaRest of Asia PacificThe Middle East & AfricaSaudi ArabiaUAEEgyptKuwaitSouth AfricaRest of the Middle East & AfricaLatin AmericaBrazilArgentinaRest of Latin AmericaThis (LSR) Liquid Silicone Rubber Market Research/Analysis Report Contains Answers to the following Questions.What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?Who Are the Global Key Players in This (LSR) Liquid Silicone Rubber Market? What are Their Company Profile, Product Information, and Contact Information?What Was the Global Market Status of the (LSR) Liquid Silicone Rubber Market? What Was the Capacity, Production Value, Cost and PROFIT of the (LSR) Liquid Silicone Rubber Market?What Is the Current Market Status of the (LSR) Liquid Silicone Rubber Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of (LSR) Liquid Silicone Rubber Market by Considering Applications and Types?What Are Projections of the Global (LSR) Liquid Silicone Rubber Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?What Is (LSR) Liquid Silicone Rubber Market Chain Analysis by Upstream Raw Materials and Downstream Industry?What Is the Economic Impact On (LSR) Liquid Silicone Rubber Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?What Are Market Dynamics of (LSR) Liquid Silicone Rubber Market? What Are Challenges and Opportunities?What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for (LSR) Liquid Silicone Rubber Industry?Click Here to Access a Free Sample Report of the Global (LSR) Liquid Silicone Rubber Market @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/Reasons to Purchase (LSR) Liquid Silicone Rubber Market Report(LSR) Liquid Silicone Rubber Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.(LSR) Liquid Silicone Rubber Market report outlines market value (USD) data for each segment and sub-segment.This report indicates the region and segment expected to witness the fastest growth and dominate the market.(LSR) Liquid Silicone Rubber Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.(LSR) Liquid Silicone Rubber Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.Reasons for the Research ReportThe study provides a thorough overview of the global (LSR) Liquid Silicone Rubber market. Compare your performance to that of the market as a whole.Aim to maintain competitiveness while innovations from established key players fuel market growth.Buy this Premium (LSR) Liquid Silicone Rubber Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/What does the report include?Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide (LSR) Liquid Silicone Rubber market analysis.The competitive environment of current and potential participants in the (LSR) Liquid Silicone Rubber market is covered in the report, as well as those companies’ strategic product development ambitions.According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.For each segment mentioned above, actual market sizes and forecasts have been given.Who should buy this report? Participants and stakeholders worldwide (LSR) Liquid Silicone Rubber market should find this report useful. The research will be useful to all market participants in the (LSR) Liquid Silicone Rubber industry. Managers in the (LSR) Liquid Silicone Rubber sector are interested in publishing up-to-date and projected data about the worldwide (LSR) Liquid Silicone Rubber market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in (LSR) Liquid Silicone Rubber products’ market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the (LSR) Liquid Silicone Rubber Market Report @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/About Custom Market Insights:Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.Follow Us: LinkedIn | Twitter | Facebook | YouTubeContact Us:Joel JohnCMI Consulting LLC1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702USA: +1 801-639-9061India: +91 20 46022736Email: support@custommarketinsights.comWeb: https://www.custommarketinsights.com/Blog: https://www.techyounme.com/Blog: https://atozresearch.com/Blog: https://www.technowalla.com/Blog: https://marketresearchtrade.com/Buy this Premium (LSR) Liquid Silicone Rubber Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/liquid-silicone-rubber-market/
Economy
Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC
© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo
MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.
The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.
Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.
“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.
Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.
“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.
The bank will next convene to set its benchmark rate on Feb. 16.
The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.
Economy
China identifies second set of projects in $140 billion spending plan
© Reuters. FILE PHOTO: Workers walk past an under-construction area with completed office towers in the background, in Shenzhen’s Qianhai new district, Guangdong province, China August 25, 2023. REUTERS/David Kirton/File Photo
SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond issuance and investment plan announced in October to boost the economy.
With the latest tranche, China has now earmarked more than 800 billion yuan of its 1 trillion yuan ($140 billion) in additional government bond issuance in the fourth quarter, as it focuses on fiscal steps to shore up the flagging economy.
The National Development and Reform Commission (NDRC) said in a statement on Saturday it had identified 9,600 projects with planned investment of more than 560 billion yuan.
China’s economy, the world’s second largest, is struggling to regain its footing post-COVID-19 as policymakers grapple with tepid consumer demand, weak exports, falling foreign investment and a deepening real estate crisis.
The 1 trillion yuan in additional bond issuance will widen China’s 2023 budget deficit ratio to around 3.8 percent from 3 percent, the state-run Xinhua news agency has said.
“Construction of the projects will improve China’s flood control system, emergency response mechanism and disaster relief capabilities, and better protect people’s lives and property, so it is very significant,” the NDRC said.
The agency said it will coordinate with other government bodies to make sure that funds are allocated speedily for investment and that high standards of quality are maintained in project construction.
($1 = 7.1315 renminbi)
Economy
Russian central bank says it needs months to make sure CPI falling before rate cuts -RBC
© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo
MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.
The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.
Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.
“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.
Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.
“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.
The bank will next convene to set its benchmark rate on Feb. 16.
The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.
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