A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global silicone
sealants market.
The study, titled “Silicone
Sealants Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Silicone
sealants are viscous materials which have little to no flow
characteristics staying where they are in order to allow it to enter
the substrate by the means of capillary action. These sealants are
different from adhesives in terms of strength and elongation. When
sealants are applied between substrates which have different
elongation under stress or thermal coefficients of expansion, they
require adequate elongation and flexibility. Silicone sealants
usually contain inert filler materials and are generally formulated
with an elastomer to provide the required elongation and flexibility.
Elastomers such as silicone rubbers are widely used as sealants in a
broad range of industrial, construction, automotive and consumer
applications.
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PDF Brochure for more Professional and Technical insights :
The
global market for silicone sealants has been significantly growing on
account of growth of its end use industries such as packaging,
automotive and construction. On account of increasing number of
environmental hazards which are associated with synthetic form of
sealants and adhesives, the industry is now focused towards the
development of bio-based alternatives for these products. In terms of
the overall sealants market, polyurethane and silicone based sealants
account for the most consumed products where silicone sealants are
anticipated to witness the fastest growth over the forecast period
primarily due to rising innovation in product development which is
leading to growth in packaging and automobile industries where these
sealants are significantly consumed for protection and lamination.
Emerging
regions such as Asia Pacific accounted for the largest market share
in terms of region in the global silicone sealants market, followed
by Europe and North America. Growth of the major end user industries
such as transportation and construction, particularly in the emerging
economies of India and China are anticipated to boost the demand for
silicone sealants over the forecast period. The market for silicone
sealants in China is expected to rise significantly on account of the
country’s growing consumer demand for high quality products as well
as the continued rapid pace of the construction industry in the
country.
Majority
of the silicone sealants in China are consumed in construction
applications, where glass curtain walls account for the largest
share. Other uses such as consumer applications and glass
manufacturing are also dependent on this industry. However, market
for sealants in industrial applications such as electronics is
steadily growing and is only making up a small portion of the entire
market.
Increasing
demand for sealants on account of the rapidly growing construction
industry is expected to boost the demand for silicone sealants over
the next few years. Silicone sealants exhibit higher elongation and
lower strength, unlike adhesives, which makes them suitable for
sealing joints and assemblies. Moreover, increasing number of
construction activities, particularly in the BRIC region (Brazil,
Russia, India, and China) is anticipated to fuel the demand for
silicone sealants as well.
Browse
Market Research Report with ToC & Analysis :
However,
rising environmental regulations and concerns regarding the use of
silicone sealants are expected to slow down the growth of the market.
On account of these factors, focus of manufacturers towards
developing bio-based sealants is expected to provide new
opportunities for the growth of the market.3M Company, BASF, E. I. du
Pont de Nemours and Company, H.B Fuller company, Henkel AG & Co.
KGaA, RPM International, Inc., and The Dow Chemical Company are some
of the key manufacturers of silicone sealants dominating the market.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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