The Silicone sealants Market is expected to reach USD 4.08 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with increasing demand from construction industries globally. Based on statistics, increasing demand for the product in the construction industry owing to the superior characteristics of silicone sealants as compared to organic sealants including polysulfide, polyurethane, and acrylic are expected to be the fundamental driver for the market growth during the forecast period. However, high volatile organic compounds (VOCs) emission correlated with silicone sealants and rising consumer awareness for environment safety is expected to restrain growth.
Silicone sealants are mainly used in the automotive & transportation industry for the production of connector seals, turbocharger hoses, silicone wiper blades, gaskets, spark plug boots, and ignition cables. The use of these elastomers has changed the conception and production process in the automotive & transportation industry.
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Top Companies: Dow Corning Corp., Wacker Chemie AG, Shin-Etsu Chemical Company, Tremco Incorporated, 3M Company, Bostik Company, H.B. Fuller, Sika Group, KGaA, Huntsman International LLC, Henkel AG & Co. , Mapei U.K. Ltd., Gardner-Gibson Inc., Royal Adhesives & Sealants, Dow Automotive Systems, American Sealants
Further key findings from the report suggest
Product Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
Technology Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
Application Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Silicone Sealants Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Silicone Sealants Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Silicone Sealants Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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