The global liquid silicone rubber market size was estimated at USD 1.67 billion in 2016, projected to grow at a CAGR of 7.9% from 2017 to 2025. Increasing demand from the medical and automotive industries have emerged to be the key drivers for the overall market during the forecast period. Industries such as automotive and medical are witnessing huge demand owing to its cost-effectiveness, durability, and ability to meet all safety requirements.