Global Silicone Sealants Market is expected to reach approximately US$ 7 billion by 2030: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Silicone sealants are widely and frequently utilized in building projects for panels, expansion joints, weatherproofing, and other applications. The sealants belong to the adhesive family that is found in a liquid or gel-like state and must be cured or dried to get the best adherence. According to Ken Research Analysis, the Global Silicone Sealants Market is expected to record a positive CAGR of over 6% during the forecast period (2022-2030) and is expected to reach approximately US$ 7 billion by 2030. Silicone exhibits exceptional resistance to moisture, weathering, and other chemicals, and unlike other adhesive types, it can maintain its stability and elasticity at both low and high temperatures which is propelling the demand for the product in markets across the globe. The product is adopted by various end-user industries like building & construction, semiconductors & electronics, automotive, glass, and wood furniture. To Know More on this report, Download free Sample Report The silicone sealants market is positively impacted by the ongoing search for industrial adhesives and sealants with innovative chemical formulas that can endure high levels of stress. This goes hand in hand with the transformation taking place in the manufacturing and architectural sectors. The demand for the product is also being pushed up as to combine two distinct materials, silicone sealants are increasingly being employed in place of traditional mechanical fastening and welding techniques. In structural glazing applications, particularly energy-efficient glazing, silicone sealants are frequently used as they have superior adhesive qualities and lower component weight overall when compared to alternative joining techniques. As per the National Center for Biotechnology Information, adhesives and sealants (AS) are materials with exceptional qualities, adaptability, and straightforward curing mechanisms. These are extensively employed in a variety of fields, from building construction to the medical sector. Developments are coming into action to fetch the benefits of silicone sealants. In June 2022, Dow released the first carbon-neutral silicones for facades that have been externally PAS 2060-verified. Carbon-neutral silicones support more resource and energy-efficient building practices, as well as circularity at the end of a facade’s useful life. The factor limiting the market growth is that various countries are using eco-friendly products in different applications due to the rise in environmental challenges and governing laws. Construction sealant producers all over the world are re-designing their policies to assure safety and prevent health problems brought on by VOC emissions from chemical products. Manufacturers in the European and North American regions are impacted in terms of their manufacturing capacities. Environmental regulations are very demanding in Europe and North America when it comes to the manufacturing of chemical and petroleum-based products. In recent years, structural glazing and structural glazing silicone have received European Standards endorsement, and the potential for a qualifying structural sealant to be a CE-mark-approved component is recognizing the product’s capability to withstand the crucial requirements of modern construction. The emergence of the global health catastrophe brought on by the coronavirus pandemic has had a bad impact on the industrial sector globally. The pandemic’s effects on supply chain interruptions, a lack of raw materials, and the closure of important facilities have particularly hurt the construction sector. Nearly 25% of construction projects worldwide were halted as a result of lockdowns related to COVID-19, according to the RICS 2020a (RICS Global Construction Monitor), which polled over 2000 industry professionals. The gradual restart of company operations, increasing attention being paid to construction, and the subsequent increase in demand for materials like silicone sealants may portend the possibility of a rebound in the years to come. To meet the demands of a changing market, manufacturers are concentrating on enhancing their capacity through acquisitions and joint ventures. To enhance its expansion in the high-quality sealants industry, Soudal, for instance, purchased Momentive Performance Materials’ silicone manufacturing facility in April 2021. Key Trends by Market Segment By Product Type: Acetoxy product type segment held the largest share in the Global Silicone Sealants Market in 2021. The Acetoxy segment is anticipated to grow at the highest CAGR during the forecast period. Building and construction in kitchen backsplashes, door and window frames, bathrooms & bathtubs, countertop sealing, and other areas are contributing to the dominance and growth of acetoxy silicone sealants. It is because of the positive features like acetoxy sealants dry much more quickly than neutral cure silicone and typically become tack-free within minutes is one of their main advantages. According to the Associated General Contractors of America (AGC), the construction industry, which employs more than 733,000 people, produces approximately $1.4 trillion worth of structures annually, which in turn propels the demand for acetoxy being used in the above-mentioned applications. To Know More on this report, Download free Sample Report By Technology: Room Temperature Vulcanizing (RTV) technology segment held the highest market share in the Global Silicone Sealants Market in 2021. The growing use of alkoxy, acetoxy, and oxime silicone sealants in structural applications in the building & construction, and automotive industries is a major factor driving the need for room temperature vulcanizing. RTV propels more than 200% elongation of sealants required in different application areas of the building & construction. Thermoset or heat-cured segment is expected to experience the fastest growth of over 6% during the forecast period. Cross-linked Technology resins used in Thermoset silicone sealants are cured at high temperatures. These can be used in equipment and assembly applications in a variety of industries, including aerospace and automotive, due to their capacity to tolerate high temperatures. By Application: Building & construction application segment held the largest market share in the Global Silicone Sealants Market in 2021. In the building & construction sector, silicone sealants are used for a variety of things, including bathroom and kitchen fixtures, floor gap sealing, fire-rated joints around pipes, electrical conduits, ducts, and electrical wiring inside of building walls and ceilings. Silicone sealants are resistant to temperature changes. They are a desirable building material since they are also resistant to thermal expansion and contraction, wind oscillation, and even seismic movement. Major manufacturers are expanding their production capacity as a result of the silicone sealant’s increased demand in the building & construction sector. Visit this Link Request for custom report By Geography: Asia Pacific accounted for the largest market share in the Global Silicone Sealants Market in 2021. With the rise in the construction industry, the thermoset and RTV sealants market segments in the region are expected to rise significantly. Growth in the market is predicted to be aided by the expanding construction sector in the area and RTV’s capacity to seal joints in structures across a range of substrates without causing construction components to lock. Additionally, these sealants possess low maintenance, reduce long-term expenses, and increase building stability and longevity, all of which contribute to the market’s expansion. In India, industries like consumer goods, construction, electronics, and transportation are anticipated to grow rapidly in the upcoming years. The Indian government is making attempts to promote the manufacturing sector of the nation, encouraging domestic production and utilizing the infrastructure already in place to serve the growing retail industry. Over the projection period, these factors are expected to increase demand for silicone sealants across a range of industrial sectors. North America is the fastest growing market and is expected to reach a considerable value number in the coming years. Consumption of the product is anticipated to increase in the region as a result of the usage of silicone sealants in buildings to attempt to seal holes inside fire-resistance certified wall and floor assemblies and prevent the spread of flames and smoke from one room to another. Visit this Link Request for custom report Competitive Landscape The global silicone sealants industryis highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players. The market for silicone sealants has presence of several domestic manufacturers and a sizable number of Chinese manufacturers supplying low-cost goods. To combat volatile raw material prices, prominent players in the silicone sealants market are focusing on the vertical integration of manufacturing capabilities and the expansion of manufacturing facilities. Large global players control about 15% of the market presence, while regional players hold the largest presence in the market at 45%. Some of the major players in the market include 3M Company, BASF SE, Henkel AG & Co. KGaA, Bostik, TKK D. O. O, H.B.Fuller, PPG Industries, Pidilite, GCP Applied Technologies, Dupont, Wacker Chemie AG, Sika A.G., and others. Recent Developments Related to Major Players In January 2021, Momentive acquired the silicone division of KCC Corporation in South Korea and the UK. Additionally, the business purchased a Chinese sales organization. Momentive’s global expertise in advanced silicones and specific applications is expected to further enhance by this purchase. In June 2020, RWC released two new moisture-resistant silicone fire sealant products called HydroFlame 300 caulk-grade and HydroFlame 300 self-leveling sealants. These are intended for applications that have UL-listed W ratings or that are exposed to high moisture levels. These silicone sealants that dry quickly can be applied to various flooring holes, pipe types, and wall penetrations. Momentive Performance Materials, a well-known supplier of silicone and specialty chemical-based products, signed a deal with Henkel in August 2020 to sell its Consumer Sealants segment. With this agreement, Henkel strengthens its position as a top supplier of adhesives, sealants, and other materials for the construction industry. In December 2020, WACKER announced the addition of silicone sealants made from renewable raw resources to its silicone product line. The Munich-based chemical Group is now able to provide goods made with bio-based methanol to silicone sealant producers thanks to the launch of its ELASTOSIL® green brand in Europe. Conclusion The global silicone sealants market is forecasted to continue the positive growth that is being witnessed since 2021. One of the main trends driving market expansion is the rise in demand for construction silicone sealants in the infrastructure and residential housing sectors. The market for silicone sealants is highly competitive with ~200 companies including several domestic manufacturers and a sizable number of Chinese manufacturers supplying low-cost goods. Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and report delivered within a maximum of two working weeks. Ken Research has recently published report titled Global Silicone Sealants Market Size, Segments, Outlook, and Revenue Forecast 2022-2030 that is segmented by Product Type, Technology, and Application. In addition, the report also covers market size and forecasts for the four major regions’ silicone sealants market. The revenue used to size and forecast the market for each segment is US$ billion. Market Taxonomy By Product Type Acetoxy Amino Oximinics Acetic Others By Technology Room Temperature Vulcanizing (RTV) Thermoset or Heat Cured Radiation Cured Pressure Sensitive By Application Building & Construction Semiconductors & Electronics Automotive Glass Wood Furniture Others By Geography North America USA Canada Mexico Europe Germany UK France Spain Italy Rest of Europe Asia Pacific China Japan South Korea India Indonesia Australia Rest of Asia Pacific LAMEA Latin America Middle East Africa Post Views: 1 Tags: 3M Marine Grade Silicone Sealant Market Share, Acetic Silicone Sealant Manufacturers, Acetic Silicone Sealants Market, Acetoxy Silicone Sealant Manufacturers, Acetoxy Silicone Sealants Market, Africa Silicone Sealants Market, Amino Silicone Sealant Manufacturers, Amino Silicone Sealants Market, Asia Pacific Silicone Sealants Market, Automotive Silicone Sealants Market, BASF SE Sealants & Construction Adhesives Market, Construction Silicone Sealants Market, Emerging Companies in Silicone Sealants Industry, Europe Silicone Sealants Market, Glass Product Manufacturers Globally, Glass Silicone Sealants Market, Global Heat Cured Silicone Sealants Market, Global Pressure Sensitive Silicone Sealants Market, Global Radiation Cured Silicone Sealants Market, Global RTV Silicone Sealants Market, Global Silicone Adhesives Market, Global Silicone Glue Market, Global Silicone Sealants Demand, Global Silicone Sealants Industry, Global Silicone Sealants Manufacturers, Global Silicone Sealants Market, Global Silicone Sealants Market End Users, Global Thermoset Silicone Sealants Market, Global Thread Sealants Market Revenue, Key Competitors in Silicone Sealants market, Latin America Silicone Sealants Market, Leading Players in Silicone Sealants market, Major Companies in Silicone Sealants market, Middle East Silicone Sealants Market, North America Silicone Sealants Market, Oximinics Silicone Sealant Manufacturers, Oximinics Silicone Sealants Market, Room Temperature Vulcanizing Technology Providers, Sikasil General Purpose Silicone Sealant Market, Suppliers of Silicone Sealants Globally, Top Leading Companies in Silicone Sealants, Wood Furniture Silicone Sealants Market