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.
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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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