Wednesday 23 May 2018

Silicone Sealant Market Size, Forthcoming Developments, Business Opportunities, Market Upside and Future Investments to 2025


Silicone Sealant  Market is classified on the basis of number of components, product form, technology, modulus, end users, and geography. Sealants are polymers having a tight molecular structure that does not allow penetration. They contain fast-drying epoxies that form a sleek finish. Sealants are designed to close gaps between surfaces and prevent things like dust, water, smoke, air or dirt from entering it. Silicone sealants have a wide range of residential as well as industrial application.
The factors that propel the market growth include a wide range of applications such as automotive, residential, and so on. In addition, increase in construction activities in the developing regions due to rapid urbanization is also fuelling the growth of the market. Moreover, features such as superior performance as compared to other materials, long lasting, reduce maintenance requirements, etc. also contribute to the market growth. On the other hand, there are factors that may hamper the market growth, such as high cost of silicone sealants and fluctuating price of raw materials.

Silicone Sealants Market is again classified on the basis of technology as pressure sensitive, room temperature vulcanizing, radiation curing and thermo set or heat curing. Based on modulus, the global market is bifurcated as high modulus silicon sealants and low modulus silicon sealants. Based on end users, the global market is bifurcated into construction, electronics, automotive, aerospace, marine, industrial assembly and maintenance, consumer products and others.

Some of the key players that fuel the growth of the Silicone Sealants Industry include Dow Chemical, RPM International, Henkel, H.B Fuller, BASF, Dupont, 3M, Momentive, Devcon (ITW), Dap, Permatex, Guangzhou Baiyun Chemical Industry, Wacker, JINSHU, Silande, Sika, Antas, LUSHI, BLD, YongAn, Haotaitai, Chuangshiji and others.


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