LIQUID INJECTION MOLDING MARKET ANALYSIS
Silicone rubber has the highest demand in medical equipment such as flow control valves, syringe stoppers, and infusion pumps. This drives growth of the liquid injection molding market. Properties such as chemical inertness, ability to withstand high temperature, and electric resistance, make LSR (Liquid Silicone Rubber) a unique raw material in liquid injection molding process, for adoption in many industries such as automotive, electrical & electronics, medical. This in turns, drives the liquid injection molding market growth. High demand for medical equipment and advancement in molding technology are expected to fuel growth of the market for liquid injection molding over the forecast period. Fluctuation in prices of raw materials pose as a major restraint for market growth.
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