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The silicone sealants market size has the potential to grow by USD 960.00 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.92%.
This report provides a detailed analysis of the market by end-user (construction, automotive, insulating glass, and others), geography (APAC, Europe, North America, South America, and MEA), and key vendors.
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The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The silicone sealants market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as growing demand from construction industry to achieve growth opportunities. However, factors such as volatility in raw material prices will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the silicone sealants market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This silicone sealants market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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49% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for silicone sealants in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The growing infrastructural and constructional activities is one of the prime factors that will facilitate the silicone sealants market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Silicone sealants are extensively used in the construction industry for applications such as facade joints, floor joints, walls joints, sanitary joints, and fire-rated joints. The high flexibility, long lifespan, and ultra-violet (UV) resistance of silicone sealants are expected to drive their demand in the construction industry during the forecast period. Therefore, the growth of the market segment is expected to be significant during the forecast period.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the silicone sealants market size.
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Silicone Sealants Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2021-2025 |
$ 960.00 million |
Market structure |
Fragmented |
YoY growth (%) |
4.52 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 49% |
Key consumer countries |
China, US, Germany, UK, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
3M Co., Arkema SA, BASF SE, Dow Inc., DuPont de Nemours Inc., H.B. Fuller Co., Henkel AG & Co. KGaA, Shin-Etsu Chemical Co. Ltd., Sika AG, and Wacker Chemie AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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