This report was recently updated on November 18 2024 with the latest and most recent
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Global Silicone Sealants Market Size, Trends & Analysis - Forecasts To 2026 By Technology (Room temperature vulcanizing (RTV), Thermoset or Heat Cured, Pressure sensitive, Radiation Cured), By Application (Insulating Glass, Construction, Automotive, Industrial, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis
Silicone Sealants Market: Insights
The global silicone sealants market is estimated to witness a significant CAGR during the forecast period (2020-2026). Growing silicone sealants demand from packaging industries is one of the major factors expected to drive the market growth during the forecast period. However, stringent environmental concerns by government regulations are likely to hamper the market growth over the coming years.
Silicone Sealants Market: By Technology
Based on technology, the global silicone sealants market is segmented into room temperature vulcanizing (RTV), thermoset or heat-cured, pressure-sensitive, and radiation cured. The room temperature vulcanizing (RTV) segment is expected to grow at a high CAGR during the forecast period. Such materials are used for glazing and sanitary joints in bathroom & kitchen fittings.
Silicone Sealants Market: By Application
Based on application, the global silicone sealants market is segmented into insulating glass, automotive, industrial, and construction, among others. The construction segment is expected to grow at a high CAGR in terms of revenue during the forecast period. Increasing use of the products in the construction sector for various purposes, such as sealing floor gaps, fire-rated joints around pipes, ducts, and electrical cables within walls and ceilings are some of the factors driving the market growth.
Silicone Sealants Market: By Region
Based on region, the global silicone sealants market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. North America is expected to witness considerable growth in the silicone sealants market during the forecast period. Growing overall vehicle production in the region is propelling the market growth. The U.S. is expected to be the largest construction market in North America and is expected to have the largest number of construction facilities. The Asia-Pacific region is expected to grow at a high CAGR in terms of revenue during the forecast period. Improving economic conditions in countries such as India and China is stimulating the demand for retail and commercial spaces.
Silicone Sealants Market: End User Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products & services, and regional presence of companies who are purchasing or are likely to purchase silicone sealants. The key end-users of the markets are Green Building Council, and Hyundai, among others.
Silicone Sealants Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Silicone Sealants Market: Share & Competitor Analysis
Some of the key players operating in the silicone sealants market include: Dow, Shin-Etsu Chemical Company, Wacker Chemie AG, Tremco Incorporated, The 3M Company, Bostik, Sika AG, Henkel Corporation, Huntsman International LLC, H.B. Fuller, and Mapei, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In May 2020, Wacker Chemie AG launched two new products: the silicone fluid emulsion BELSIL DM 3200 E and the gloss agent BELSIL PF 100 to its silicone portfolio for hair care products.
Check the Press Release on Global Silicone Sealants Market Report
Silicone Sealants Market: By Technology
Silicone Sealants Market: By Application
Silicone Sealants Market: By Region
The global Silicone Sealants Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Silicone Sealants Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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