Global Silicone Adhesives & Sealants Market Size, Trends, and Analysis - Forecasts To 2026 By Type (One-Component, Two-Component, UV Cured), By Technology (Non-Pressure Sensitive Adhesive, Pressure Sensitive Adhesive), By End-User (Automotive, Building & Construction, Electrical & Electronics, Healthcare, Packaging), By Region (North America, Asia Pacific, Central and south America, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Silicone Adhesives & Sealants Market : Insights
Silicone Adhesives and Sealants are being widely used in various industrial sectors with the increasing developments in polymer technology. They are chemical products, exploited to bond two different substrates.Furthermore, the increasing end-use applications are expected to increase demand for silicone adhesives & sealants. The development and upgradation in the features of the sealants such as higher productivity, enhanced design options, fire resistance, corrosion-resistant and pressure-sensitive, have accelerated this market's growth. Silicon Adhesives' characterization by properties like excellent flexibility, high-temperature resistance, and elasticity makes them ideal for several industrial applications, hence propelling this market. All the developments in the products will create opportunities for the market.
Silicone Adhesives & Sealants Market : By Type
The three different categories include one-component, two-component, and UV cured.The one-componentwill be the largest shareholder over the estimated timeframe.This is due to its high flexibility, robust adhesion features, and wide range of applications.
Silicone Adhesives & Sealants Market : By Technology
According to the technologycategory, the two segments are non-pressure sensitive adhesive and pressure-sensitive adhesive.Among the two, pressure-sensitive adhesives (PSA) is the dominant segment. Silicone PSAs are a small but significant niche in the domain of adhesives. It can be used for high-temperature and low-temperature applications, adhere to low surfaceenergy substrates,and are resistant to chemicals, acids, and bases. The demand for silicone PSA is growing at a fast rate. The increased demand for electronic devices globally, the rise in production of printed circuit boards, and novel applications in the apparel sector propels this market's growth.
Silicone Adhesives & Sealants Market : By End-User
Based on the study, the end-user market can be split into automotive, building & construction, electrical & electronics, healthcare, and packaging. The construction segment would be the largest shareholder over the estimated timeframe. The broad application base of silicone adhesives and sealants is propelling this market. The automotive segment is expected to develop at a fast pace, owing to the rapid development of the automotive industry in developing countries. The increasing adoption of electric vehicles and hybrid automobiles will accentuate the segment’s demand.
Silicone Adhesives & Sealants Market : By Region
The dominant market segment is held by the Asia-Pacific region in terms of revenue generation. This is due to the high demand for adhesives and sealants in this region.Besides, the increasing disposable income and the growing number of construction sites are fuelling this market's growth.
Silicone Adhesives & Sealants Market: Share & Competitor Analysis
3M, Avery Dennison Corporation, DELO Industrial Adhesives LLC, Shin-Etsu Chemical Co. Ltd, Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, Momentive Performance Materials, Sika AG,Illinois Tool Works Inc.,Wacker Chemie AG,among others,are the significantvendors competing in the Silicone Adhesives & Sealants market.
Please note: This is not an exhaustive list of companies profiled in the report.
In March 2017, Dow Corninglaunched new silicon technologies for the construction industry.
In April 2018, WackerChemie AG announced the opening of new production sites in South Korea,to produce specialty silicone elastomers for electronic applications.
Check the Press Release on Global Silicone Adhesives & Sealants Market Report
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The Global Silicone Adhesives & Sealants Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Silicone Adhesives & Sealants Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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