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Showing posts from August, 2019

Global Liquid Silicone Rubber Market hit to grow at a CAGR of 9.1% during the forecast by 2024

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Analysis of Global Liquid Silicone Rubber market report: Global   Liquid Silicone Rubber Market   accounted for USD 884.3 million in 2016 and projected to grow at a CAGR of 9.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Definition: Liquid silicone rubber possesses exceptional elasticity that gets into its normal shape after stretching. Liquid silicone rubber deals with different qualities for instance, hardness, tensile strength, and compression set. Moreover it is bacteria resistant and also water repellent. It has its wide application in automotive, medical, electrical & electronics, and consumer goods. Increasing demand for LSR-based products in the healthcare industry, and increase in demand for LSR in the electrical & electronics industry may act as the major driver in the growth of Liquid silicone rub

Global Silicon Carbide (SiC) Market rapidly growing at a CAGR of 18.5% during the forecast by 2024

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Analysis of Global Silicon Carbide (SiC) report: The  Global  Silicon Carbide (SiC) Market  accounted for  USD 257.7 million in 2016 growing at a CAGR of 18.5%  during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Definition: Silicon Carbide (SiC) is the compound of silicon and carbon. This is also termed as Carborundum. SiC exhibits advantageous properties such as, oxidation resistance, high strength, high thermal conductivity, high-temperature strength, high hardness, wear resistance, superior chemical inertness, low thermal expansion, high elastic modulus, low density, excellent thermal shock resistance. Moreover, it is widely incorporated into applications in various industries for instance, aerospace and aviation, automotive, electronics and semiconductors, medical and healthcare and military and defense, steel and energy. I