Silicone Rubber Sheet Market Scope, Economic Trends, Demands, Future Opportunities 2025
The insulation silicone rubber sheet market is likely to rise at a CAGR of 6.8% by the end of 2025. However, flame retardant sheets are anticipated to portray the fastest growth in the future. These product grades or formulations are likely to witness a fast-paced market growth as compared to its solid or non-transparent counterparts, especially in non-marking rubber applications. The product does not leave any marks or stains on other parts and surfaces, thus maintaining the surface aesthetics.
Adroit Market Research published a study titled, “Global Silicone Rubber Sheet Market Size 2017, Segmentation By Product Type (Insulation Sheet, Conductive Sheet, Flame Retardant Sheet, Others), By Formulation (Transparent & Translucent, Solid / Non-transparent), By End-user (Food & Beverage, Medical and Pharmaceutical, Automotive & Transportation, Electrical & Electronics, Others), By Region and Forecast 2018 to 2025”.
The global silicone rubber sheet market size is likely to exceed USD 5.60 billion by 2025. Over 65% of the silicone rubber sheet market share was held by the solid or non-transparent formulation. These solid silicone rubber sheets are available in a variety of colors including red, blue, black, white, etc. These sheets are highly resistant towards most chemicals and oils and are performance efficient due to their chemical composition and strong silicon-oxygen linkages.
Furthermore, these sheets can withstand extreme temperature environments and are able to operate in a range of -67°F to 570°F. Key attributes of the product such as high tensile strength, tear strength, elongation and compression set are considered to be superior to other conventional synthetic rubbers available in the global market.
