Abstract The silicone rubber vulcanizate powder (SVP) obtained from silicone rubber by mechanical grinding exists in a highly aggregated state. The particle size distribution of SVP is broad, ranging from 2 µm to 110 µm with an average particle size of 33 µm. X‐ray Photoelectron Spectroscopy (XPS) and Infrared (IR) Spectroscopy studies show that there is no chemical change on the rubber surface following mechanical grinding of the heat‐aged (200°C/10 days) silicone rubber vulcanizate. Addition of SVP in silicone rubber increases the Mooney viscosity, Mooney scorch time, shear viscosity and activation energy for viscous flow. Measurement of curing characteristics reveals that incorporation of SVP into the virgin silicone rubber causes an increase in minimum torque, but marginal decrease in maximum torque and rate constant of curing. However, the activation energy of curing shows an increasing trend with increasing loading of SVP. Expectedly, incorporation of SVP does not alter the glass‐rubber transition and cold crystallization temperatures of silicone rubber, as observed in the dynamic mechanical spectra. It is further observed that on incorporation of even a high loading of SVP (i.e., 60 phr), the tensile and tear strength of the silicone rubber are decreased by only about 20%, and modulus dropped by 15%, while the hardness, tension set and hysteresis loss undergo marginal changes and compression stress‐relaxation is not significantly changed. Atomic Force Microscopy studies reveal that incorporation of SVP into silicone rubber does not cause significant changes in the surface morphology.