Silicone Sealants Market Global Information: by Technology (Pressure Sensitive, Radiation Curing, Ambient Temperature Vulcanizing), End-Use Industry (Construction, Automotive, Electronics, Aerospace, Consumer Goods, Industrial Assembly) and Region Forecast till 2030
ID: MRFR/CnM/5939-HCR | February 2021 | Region: Global | 140 pages
Silicone Sealants Market Overview
Silicone sealants are the elastomeric viscous materials which are widely used as a silicone sealant in vast industrial applications. The silicone sealants differ from the common adhesives in terms of the elasticity, strength and durability. The silicone sealants are highly stable, inert, resistant to the extreme work environments. Some of the substantial physical properties exhibited by the silicone sealants includes the high withstand ability for a wider range of temperature (75°F to 500°F) as compared to nearly all other sealants, great elongation, high wear and tear strength, and high flexibility. Moreover, the silicone sealants are highly non-conductive and maintain greater di-electric strength and resists water, oxidation, various acids, solvents, oils and fuels.
According to the MRFR, the silicone sealants market was valued at over USD 3.5 billion 2017 and is projected to grow at a robust CAGR of 5% during the forecast period (2022–2030). The primary factors influencing the overall adhesives and sealants market are bound to affect the market of silicone sealants equally. The silicone sealants are primarily used in almost all the rapidly growing industries such as automotive, construction and electronics. This is expected to boost its demand during the forecast period. In past few years the market for silicone sealants is growing at a robust CAGR on account of its greater strength, durability, adaptability and recyclability which favors the sustainability principles. Rapidly increasing construction activities across the globe is significantly driving the overall demand for the product during the forecast period. In addition, growing demand for the high water, chemical, oil, and fuel resistant sealants in automotive and electronics applications is likely be the key driver for silicone sealants market during the review period. However, the growing concerns over volatile organic compounds (VOC’s) may hamper the market growth in coming years.
Key Players
Some of the key players in the global silicone sealants market are Wacker Chemie AG (Germany), 3M (US), Shin-Etsu Chemical Company (Japan), H.B. Fuller (US), Sika AG (Switzerland), Bostik (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC (US), Mapei (Italy), American Sealants, Inc. (US), Momentive (US), McCoy Soudal (India), ALSTONE (India), Pecora Corporation (US), and Adshead Ratcliffe & Co Ltd. (UK), among others.
Silicone Sealants Market Share, by End-Use, 2017 (%)
Source: MRFR analysis
Regional Analysis
Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global Silicone Sealants market. Asia-Pacific dominated the global silicone sealants market in 2017 and is expected to grow at highest CAGR during the forecast period. The emerging economies in this region have undertaken the rapid expansion of their infrastructure projects. Additionally, the countries namely, India, China, South Kora, and Malaysia are the major electronics markets in the globe. Moreover, the rapid growth of both construction and automotive industry in this region is expected to drive the market growth for the silicone sealants in this region.
North America is closely following Asia-Pacific and held the second largest market share in 2017. Growing reconstruction activities and surging demand for the product in the automotive industry are driving the growth of regional Silicone Sealants market.
Europe is another substantial regional market, wherein the rapidly increasing demand for the product in automobile industry is a key driver for the growth of the regional market. The Middle East & African and Latin American markets held little pie of shares in 2017, yet these regions are estimated to grow at a considerable CAGR of owing to high investment and growth potential.
Market Segmentation
The global silicone sealants market has been segmented on the basis of technology, end-use, and region.
Based on technology, the global silicone sealants market has been segregated into pressure sensitive, radiation curing, ambient temperature vulcanizing, thermoset and others.
On the basis of end-use, the market is categorized into construction, automotive, electronics, aerospace, consumer goods, industrial assembly, and others.
The global silicone sealants market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Intended Audience
- Silicone Sealants manufacturers
- Traders and distributors of Silicone Sealants
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2030: Significant Value |
| CAGR | 2030: Substantial Value |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Basis of technology, end-use, and region. |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Wacker Chemie AG (Germany), 3M (US), Shin-Etsu Chemical Company (Japan), H.B. Fuller (US), Sika AG (Switzerland), Bostik (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC (US), Mapei (Italy), American Sealants, Inc. (US), Momentive (US), McCoy Soudal (India), ALSTONE (India), Pecora Corporation (US), and Adshead Ratcliffe & Co Ltd. (UK), among others. |
| Key Market Opportunities | Growing demand for the high water, chemical, oil, and fuel resistant sealants. |
| Key Market Drivers | Expanding industries of electronics, automotive, and construction. |
Frequently Asked Questions (FAQ) :
The global silicone sealants market is set to expand at 5% CAGR from 2018 to 2023.
The global silicone sealants market stood at USD 3.5 billion in 2017.
Expanding industries of electronics, automotive, and construction is the major driver of the global silicone sealants market.
Concerns over the effects of volatile organic compounds can deter the global silicone sealants market.
The APAC region can dominate the global silicone sealants market owing to rising number of infrastructure projects.
Momentive, Wacker Chemie AG, McCoy Soudal, 3M, Bostik, American Sealants, Inc., Pecora Corporation, Henkel AG & Co. KGaA, Adshead Ratcliffe & Co Ltd., ALSTONE, Mapei, H.B. Fuller, Huntsman International LLC, Shin-Etsu Chemical Company, and Sika AG are major players of the global silicone sealants market.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4 End-Use Industries/Applications
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Pricing Analysis
5 Industry Overview of Global Silicone Sealants Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends
7. Global Silicone Sealants Market, by Technology
7.1 Introduction
7.2 Pressure Sensitive
7.2.1 Market Estimates & Forecast, 2020—2027
7.2.2 Market Estimates & Forecast, by Region, 2020—2027
7.3 Radiation Curing
7.3.1 Market Estimates & Forecast, 2020—2027
7.3.2 Market Estimates & Forecast, by Region, 2020—2027
7.4 Ambient Temperature Vulcanizing
7.4.1 Market Estimates & Forecast, 2020—2027
7.4.2 Market Estimates & Forecast, by Region, 2020—2027
7.5 Thermoset
7.5.1 Market Estimates & Forecast, 2020—2027
7.5.2 Market Estimates & Forecast, by Region, 2020—2027
7.6 Others
7.6.1 Market Estimates & Forecast, 2020—2027
7.6.2 Market Estimates & Forecast, by Region, 2020—2027
8. Global Silicone Sealants Market, by End-Use
8.1 Introduction
8.2 Construction
8.2.1 Market Estimates & Forecast, 2020—2027
8.2.2 Market Estimates & Forecast, by Region, 2020—2027
8.3 Automotive
8.3.1 Market Estimates & Forecast, 2020—2027
8.3.2 Market Estimates & Forecast, by Region, 2020—2027
8.4 Electronics
8.4.1 Market Estimates & Forecast, 2020—2027
8.4.2 Market Estimates & Forecast, by Region, 2020—2027
8.5 Aerospace
8.5.1 Market Estimates & Forecast, 2020—2027
8.5.2 Market Estimates & Forecast, by Region, 2020—2027
8.6 Consumer Goods
8.6.1 Market Estimates & Forecast, 2020—2027
8.6.2 Market Estimates & Forecast, by Region, 2020—2027
8.7 Industrial Assembly
8.7.1 Market Estimates & Forecast, 2020—2027
8.7.2 Market Estimates & Forecast, by Region, 2020—2027
8.8 Others
8.8.1 Market Estimates & Forecast, 2020—2027
8.8.2 Market Estimates & Forecast, by Region, 2020—2027
9. Global Silicone Sealants Market, by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, 2020—2027
9.2.2 Market Estimates & Forecast, by Technology, 2020—2027
9.2.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.2.4 US
9.2.4.1 Market Estimates & Forecast, 2020—2027
9.2.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.2.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.2.5 Canada
9.2.5.1 Market Estimates & Forecast, 2020—2027
9.2.5.2 Market Estimates & Forecast, by Technology, 2020—2027
9.2.5.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3 Europe
9.3.1 Market Estimates & Forecast, 2020—2027
9.3.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.4 Germany
9.3.4.1 Market Estimates & Forecast, 2020—2027
9.3.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.5. France
9.3.5.1 Market Estimates & Forecast, 2020—2027
9.3.5.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.5.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.6 Italy
9.3.6.1 Market Estimates & Forecast, 2020—2027
9.3.6.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.6.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.7 Spain
9.3.7.1 Market Estimates & Forecast, 2020—2027
9.3.7.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.7.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.8 UK
9.3.8.1 Market Estimates & Forecast, 2020—2027
9.3.8.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.8.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.9 Russia
9.3.9.1 Market Estimates & Forecast, 2020—2027
9.3.9.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.9.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.3.10 Poland
9.3.10.1 Market Estimates & Forecast, 2020—2027
9.3.10.2 Market Estimates & Forecast, by Technology, 2020—2027
9.3.10.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, 2020—2027
9.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4.4 China
9.4.4.1 Market Estimates & Forecast, 2020—2027
9.4.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4.5 India
9.4.4.1 Market Estimates & Forecast, 2020—2027
9.4.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4.6 Japan
9.4.6.1 Market Estimates & Forecast, 2020—2027
9.4.6.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.6.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4.7 Australia
9.4.7.1 Market Estimates & Forecast, 2020—2027
9.4.7.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.7.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4.8 New Zealand
9.4.8.1 Market Estimates & Forecast, 2020—2027
9.4.8.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.8.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.4.9 Rest of Asia-Pacific
9.4.9.1 Market Estimates & Forecast, 2020—2027
9.4.9.2 Market Estimates & Forecast, by Technology, 2020—2027
9.4.9.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.5 Middle East & Africa
9.5.1 Market Estimates & Forecast, 2020—2027
9.5.2 Market Estimates & Forecast, by Technology, 2020—2027
9.5.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.5.4 Turkey
9.5.4.1 Market Estimates & Forecast, 2020—2027
9.5.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.5.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.5.5 Israel
9.5.5.1 Market Estimates & Forecast, 2020—2027
9.5.5.2 Market Estimates & Forecast, by Technology, 2020—2027
9.5.5.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.5.6 South Africa
9.5.6.1 Market Estimates & Forecast, 2020—2027
9.5.6.2 Market Estimates & Forecast, by Technology, 2020—2027
9.5.6.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.5.7 GCC
9.5.7.1 Market Estimates & Forecast, 2020—2027
9.5.7.2 Market Estimates & Forecast, by Technology, 2020—2027
9.5.7.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.5.8 Rest of the Middle East & Africa
9.5.8.1 Market Estimates & Forecast, 2020—2027
9.5.8.2 Market Estimates & Forecast, by Technology, 2020—2027
9.5.8.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.6 Latin America
9.6.1 Market Estimates & Forecast, 2020—2027
9.6.2 Market Estimates & Forecast, by Technology, 2020—2027
9.6.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.6.4 Brazil
9.6.4.1 Market Estimates & Forecast, 2020—2027
9.6.4.2 Market Estimates & Forecast, by Technology, 2020—2027
9.6.4.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.6.5 Argentina
9.6.5.1 Market Estimates & Forecast, 2020—2027
9.6.5.2 Market Estimates & Forecast, by Technology, 2020—2027
9.6.5.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.6.6 Mexico
9.6.6.1 Market Estimates & Forecast, 2020—2027
9.6.6.2 Market Estimates & Forecast, by Technology, 2020—2027
9.6.6.3 Market Estimates & Forecast, by End-Use, 2020—2027
9.6.7 Rest of Latin America
9.6.7.1 Market Estimates & Forecast, 2020—2027
9.6.7.2 Market Estimates & Forecast, by Technology, 2020—2027
9.6.7.3 Market Estimates & Forecast, by End-Use, 2020—2027
10. Competitive Landscape
10.1 Introduction
10.2 Market Strategy
10.3 Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
11. Company Profiles
11.1 Wacker Chemie AG
11.1.1 Company Overview
11.1.2 Financial Updates
11.1.3 Product/Business Segment Overview
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Strategy
11.2 3M
11.2.1 Company Overview
11.2.2 Financial Updates
11.2.3 Product/Business Segment Overview
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Strategy
11.3 Shin-Etsu Chemical Company
11.3.1 Company Overview
11.3.2 Financial Updates
11.3.3 Product/Business Segment Overview
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Strategy
11.4 H.B. Fuller
11.4.1 Company Overview
11.4.2 Financial Updates
11.4.3 Product/Business Segment Overview
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Strategy
11.5 Sika AG
11.5.1 Company Overview
11.5.2 Financial Updates
11.5.3 Product/Business Segment Overview
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Strategy
11.6 Bostik
11.6.1 Company Overview
11.6.2 Financial Updates
11.6.3 Product/Business Segment Overview
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Strategy
11.7 Henkel AG & Co. KGaA
11.7.1 Company Overview
11.7.2 Financial Updates
11.7.3 Product/Business Segment Overview
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Strategy
11.8 Huntsman International LLC
11.8.1 Company Overview
11.8.2 Financial Updates
11.8.3 Product/Business Segment Overview
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Strategy
11.9 Mapei
11.9.1 Company Overview
11.9.2 Financial Updates
11.9.3 Product/Business Segment Overview
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.9.6 Strategy
11.10 American Sealants, Inc.
11.10.1 Company Overview
11.10.2 Financial Updates
11.10.3 Product/Business Segment Overview
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.10.6 Strategy
11.11 Momentive
11.11.1 Company Overview
11.11.2 Financial Updates
11.11.3 Product/Business Segment Overview
11.11.4 Key Developments
11.11.5 SWOT Analysis
11.11.6 Strategy
11.12 McCoy Soudal
11.12.1 Company Overview
11.12.2 Financial Updates
11.12.3 Product/Business Segment Overview
11.12.4 Key Developments
11.12.5 SWOT Analysis
11.12.6 Strategy
11.13 ALSTONE
11.13.1 Company Overview
11.13.2 Financial Updates
11.13.3 Product/Business Segment Overview
11.13.4 Key Developments
11.13.5 SWOT Analysis
11.13.6 Strategy
11.14 Pecora Corporation
11.14.1 Company Overview
11.14.2 Financial Updates
11.14.3 Product/Business Segment Overview
11.14.4 Key Developments
11.14.5 SWOT Analysis
11.14.6 Strategy
11.15 Adshead Ratcliffe & Co Ltd
11.15.1 Company Overview
11.15.2 Financial Updates
11.15.3 Product/Business Segment Overview
11.15.4 Key Developments
11.15.5 SWOT Analysis
11.15.6 Strategy
12. Conclusion
LIST OF TABLES
Table 1 Silicone Sealants Market, by Region, 2020–2027
Table 2 North America: Silicone Sealants Market, by Country, 2020–2027
Table 3 Europe: Silicone Sealants Market, by Country, 2020–2027
Table 4 Asia-Pacific: Silicone Sealants Market, by Country, 2020–2027
Table 5 Middle East & Africa: Silicone Sealants Market, by Country, 2020–2027
Table 6 Latin America: Silicone Sealants Market, by Country, 2020–2027
Table 7 Silicone Sealants Technology Market, by Region, 2020–2027
Table 8 North America: Silicone Sealants Technology Market, by Country, 2020–2027
Table 9 Europe: Silicone Sealants Technology Market, by Country, 2020–2027
Table 10 Asia-Pacific: Silicone Sealants Technology Market, by Country, 2020–2027
Table 11 Middle East & Africa: Silicone Sealants Technology Market, by Country, 2020–2027
Table 12 Latin America: Silicone Sealants Technology Market, by Country, 2020–2027
Table 13 Silicone Sealants End-Use Market, by Region, 2020–2027
Table 14 North America: Silicone Sealants End-Use Market, by Country, 2020–2027
Table 15 Europe: Silicone Sealants End-Use Market, by Country, 2020–2027
Table 16 Asia-Pacific: Silicone Sealants End-Use Market, by Country, 2020–2027
Table 17 Middle East & Africa: Silicone Sealants End-Use Market, by Country, 2020–2027
Table 18 Latin America: Silicone Sealants End-Use Market, by Country, 2020–2027
Table 19 Global Technology Market, by Region, 2020–2027
Table 20 Global End-Use Market, by Region, 2020–2027
Table 21 North America: Silicone Sealants Market, by Country, 2020–2027
Table 22 North America: Silicone Sealants Market, by Technology, 2020–2027
Table 23 North America: Silicone Sealants Market, by End-Use, 2020–2027
Table 24 Europe: Silicone Sealants Market, by Country, 2020–2027
Table 25 Europe: Silicone Sealants Market, by Technology, 2020–2027
Table 26 Europe: Silicone Sealants Market, by End-Use, 2020–2027
Table 27 Asia-Pacific: Silicone Sealants Market, by Country, 2020–2027
Table 28 Asia-Pacific: Silicone Sealants Market, by Technology, 2020–2027
Table 29 Asia-Pacific: Silicone Sealants Market, by End-Use, 2020–2027
Table 30 Middle East & Africa: Silicone Sealants Market, by Country, 2020–2027
Table 31 Middle East & Africa: Silicone Sealants Market, by Technology, 2020–2027
Table 32 Middle East & Africa: Silicone Sealants Market, by End-Use, 2020–2027
Table 33 Latin America: Silicone Sealants Market, by Country, 2020–2027
Table 34 Latin America: Silicone Sealants Market, by Technology, 2020–2027
Table 35 Latin America: Silicone Sealants Market, by End-Use, 2020–2027
LIST OF FIGURES
FIGURE 1 Silicone Sealants Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Silicone Sealants Market
FIGURE 4 Supply Chain Analysis of Global Silicone Sealants Market
FIGURE 5 Share of Silicone Sealants Market, by Country, 2020 (%)
FIGURE 6 Global Silicone Sealants Market, 2020–2027
FIGURE 7 Sub-Segments of Technology
FIGURE 8 Global Silicone Sealants Market Size, by Technology, 2020 (%)
FIGURE 9 Share of Global Silicone Sealants Market, by Technology, 2020–2027
FIGURE 10 Sub-Segments of End-Use
FIGURE 11 Global Silicone Sealants Market Size, by End-Use, 2020 (%)
FIGURE 12 Share of Global Silicone Sealants Market, by End-Use, 2020–2027