세계의 실리콘 실란트 시장 - 시장 규모, 부문, 전망, 수익 예측(2022-2030년) : 제품 유형별, 기술별, 용도별, 지역별
Global Silicone Sealants Market Size, Segments, Outlook, and Revenue Forecast 2022-2030 by Product Type, Technology (Room Temperature Vulcanizing, Thermoset or Heat Cured, Radiation Cured, and Pressure Sensitive), Application, and Region
세계의 실리콘 실란트 시장 규모는 2030년 약 70억 달러에 달했으며, 2022-2030년 예측 기간 동안 CAGR 6% 이상 성장이 예측되고 있습니다.
실리콘 실란트 시장은 높은 스트레스를 견딜 수 있는 혁신적인 화학 처방을 가진 산업용 접착제와 실란트 지속적인 추구에 의해 긍정적인 영향을 받고 있습니다. 이것은 제조업 및 건축 분야에서 일어나는 변화와 밀접하게 관련되어 있습니다. 시장 성장의 억제 요인은 환경 문제 증가와 법규제로 인해 다양한 국가가 모든 용도에 친환경 제품을 사용할 전망입니다.
세계의 실리콘 실란트(Silicone Sealants) 시장에 대해 조사했으며 시장 주요 요약와 주요 동향, 제품 유형·기술·용도별 시장 세분화, 경쟁 상황, 경쟁 기업 프로필, 지역 분석 등에 관한 정보를 제공합니다.
Silicone sealants are widely and frequently utilized in building projects for panels, expansion joints, weatherproofing, and other applications. The sealants belong to the adhesive family that is found in a liquid or gel-like state and must be cured or dried to get the best adherence.
According to Ken Research Analysis, the global silicone sealants market is expected to record a positive CAGR of over 6% during the forecast period (2022-2030) and is expected to reach approximately US$ 7 billion by 2030.
Silicone exhibits exceptional resistance to moisture, weathering, and other chemicals, and unlike other adhesive types, it can maintain its stability and elasticity at both low and high temperatures which is propelling the demand for the product in markets across the globe. The product is adopted by various end-user industries like building & construction, semiconductors & electronics, automotive, glass, and wood furniture.
The silicone sealants market is positively impacted by the ongoing search for industrial adhesives and sealants with innovative chemical formulas that can endure high levels of stress. This goes hand in hand with the transformation taking place in the manufacturing and architectural sectors.
The demand for the product is also being pushed up as to combine two distinct materials, silicone sealants are increasingly being employed in place of traditional mechanical fastening and welding techniques. In structural glazing applications, particularly energy-efficient glazing, silicone sealants are frequently used as they have superior adhesive qualities and lower component weight overall when compared to alternative joining techniques. As per the National Center for Biotechnology Information, adhesives and sealants (AS) are materials with exceptional qualities, adaptability, and straightforward curing mechanisms. These are extensively employed in a variety of fields, from building construction to the medical sector.
Developments are coming into action to fetch the benefits of silicone sealants. In June 2022, Dow released the first carbon-neutral silicones for facades that have been externally PAS 2060-verified. Carbon-neutral silicones support more resource and energy-efficient building practices, as well as circularity at the end of a facade's useful life.
The factor limiting the market growth is that various countries are using eco-friendly products in different applications due to the rise in environmental challenges and governing laws. Construction sealant producers all over the world are re-designing their policies to assure safety and prevent health problems brought on by VOC emissions from chemical products. Manufacturers in the European and North American regions are impacted in terms of their manufacturing capacities.
Environmental regulations are very demanding in Europe and North America when it comes to the manufacturing of chemical and petroleum-based products. In recent years, structural glazing and structural glazing silicone have received European Standards endorsement, and the potential for a qualifying structural sealant to be a CE-mark-approved component is recognizing the product's capability to withstand the crucial requirements of modern construction.
The emergence of the global health catastrophe brought on by the coronavirus pandemic has had a bad impact on the industrial sector globally. The pandemic's effects on supply chain interruptions, a lack of raw materials, and the closure of important facilities have particularly hurt the construction sector. Nearly 25% of construction projects worldwide were halted as a result of lockdowns related to COVID-19, according to the RICS 2020a (RICS Global Construction Monitor), which polled over 2000 industry professionals.
The gradual restart of company operations, increasing attention being paid to construction, and the subsequent increase in demand for materials like silicone sealants may portend the possibility of a rebound in the years to come. To meet the demands of a changing market, manufacturers are concentrating on enhancing their capacity through acquisitions and joint ventures. To enhance its expansion in the high-quality sealants industry, Soudal, for instance, purchased Momentive Performance Materials' silicone manufacturing facility in April 2021.
Scope of the Report
The silicone sealants market is segmented by Product Type, Technology, and Application. In addition, the report also covers market size and forecasts for the four major regions' silicone sealants market. The revenue used to size and forecast the market for each segment is US$ billion.
By Product Type
Room Temperature Vulcanizing (RTV)
Thermoset or Heat Cured
Building & Construction
Semiconductors & Electronics
Rest of Europe
Rest of Asia Pacific
Key Trends by Market Segment
By Product Type: Acetoxy product type segment held the largest share in the Global Silicone Sealants Market in 2021.
The Acetoxy segment is anticipated to grow at the highest CAGR during the forecast period. Building and construction in kitchen backsplashes, door and window frames, bathrooms & bathtubs, countertop sealing, and other areas are contributing to the dominance and growth of acetoxy silicone sealants. It is because of the positive features like acetoxy sealants dry much more quickly than neutral cure silicone and typically become tack-free within minutes is one of their main advantages.
According to the Associated General Contractors of America (AGC), the construction industry, which employs more than 733,000 people, produces approximately $1.4 trillion worth of structures annually, which in turn propels the demand for acetoxy being used in the above-mentioned applications.
By Technology: Room Temperature Vulcanizing (RTV) technology segment held the highest market share in the Global Silicone Sealants Market in 2021.
The growing use of alkoxy, acetoxy, and oxime silicone sealants in structural applications in the building & construction, and automotive industries is a major factor driving the need for room temperature vulcanizing. RTV propels more than 200% elongation of sealants required in different application areas of the building & construction.
Thermoset or heat-cured segment is expected to experience the fastest growth of over 6% during the forecast period. Cross-linked Technology resins used in Thermoset silicone sealants are cured at high temperatures. These can be used in equipment and assembly applications in a variety of industries, including aerospace and automotive, due to their capacity to tolerate high temperatures.
By Application: Building & construction application segment held the largest market share in the Global Silicone Sealants Market in 2021.
In the building & construction sector, silicone sealants are used for a variety of things, including bathroom and kitchen fixtures, floor gap sealing, fire-rated joints around pipes, electrical conduits, ducts, and electrical wiring inside of building walls and ceilings.
Silicone sealants are resistant to temperature changes. They are a desirable building material since they are also resistant to thermal expansion and contraction, wind oscillation, and even seismic movement.
Major manufacturers are expanding their production capacity as a result of the silicone sealant's increased demand in the building & construction sector.
By Geography: Asia Pacific accounted for the largest market share in the Global Silicone Sealants Market in 2021.
With the rise in the construction industry, the thermoset and RTV sealants market segments in the region are expected to rise significantly. Growth in the market is predicted to be aided by the expanding construction sector in the area and RTV's capacity to seal joints in structures across a range of substrates without causing construction components to lock.
Additionally, these sealants possess low maintenance, reduce long-term expenses, and increase building stability and longevity, all of which contribute to the market's expansion.
In India, industries like consumer goods, construction, electronics, and transportation are anticipated to grow rapidly in the upcoming years. The Indian government is making attempts to promote the manufacturing sector of the nation, encouraging domestic production and utilizing the infrastructure already in place to serve the growing retail industry. Over the projection period, these factors are expected to increase demand for silicone sealants across a range of industrial sectors.
North America is the fastest growing market and is expected to reach a considerable value number in the coming years. Consumption of the product is anticipated to increase in the region as a result of the usage of silicone sealants in buildings to attempt to seal holes inside fire-resistance certified wall and floor assemblies and prevent the spread of flames and smoke from one room to another.
The global silicone sealants industry is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players. The market for silicone sealants has presence of several domestic manufacturers and a sizable number of Chinese manufacturers supplying low-cost goods.
To combat volatile raw material prices, prominent players in the silicone sealants market are focusing on the vertical integration of manufacturing capabilities and the expansion of manufacturing facilities.
Large global players control about 15% of the market presence, while regional players hold the largest presence in the market at 45%. Some of the major players in the market include 3M Company, BASF SE, Henkel AG & Co. KGaA, Bostik, TKK D. O. O, H.B.Fuller, PPG Industries, Pidilite, GCP Applied Technologies, Dupont, Wacker Chemie AG, Sika A.G., and others.
Recent Developments Related to Major Players
In January 2021, Momentive acquired the silicone division of KCC Corporation in South Korea and the UK. Additionally, the business purchased a Chinese sales organization. Momentive's global expertise in advanced silicones and specific applications is expected to further enhance by this purchase.
In June 2020, RWC released two new moisture-resistant silicone fire sealant products called HydroFlame 300 caulk-grade and HydroFlame 300 self-leveling sealants. These are intended for applications that have UL-listed W ratings or that are exposed to high moisture levels. These silicone sealants that dry quickly can be applied to various flooring holes, pipe types, and wall penetrations.
Momentive Performance Materials, a well-known supplier of silicone and specialty chemical-based products, signed a deal with Henkel in August 2020 to sell its Consumer Sealants segment. With this agreement, Henkel strengthens its position as a top supplier of adhesives, sealants, and other materials for the construction industry.
In December 2020, WACKER announced the addition of silicone sealants made from renewable raw resources to its silicone product line. The Munich-based chemical Group is now able to provide goods made with bio-based methanol to silicone sealant producers thanks to the launch of its ELASTOSIL® green brand in Europe.
The global silicone sealants market is forecasted to continue the positive growth that is being witnessed since 2021. One of the main trends driving market expansion is the rise in demand for construction silicone sealants in the infrastructure and residential housing sectors. The market for silicone sealants is highly competitive with ~200 companies including several domestic manufacturers and a sizable number of Chinese manufacturers supplying low-cost goods.
Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and report delivered within a maximum of two working weeks.
Key Topics Covered in the Report
Snapshot of Global Silicone Sealants Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of Global Silicone Sealants Market
Historic Growth of Overall Global Silicone Sealants Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of Global Silicone Sealants Market
Overview, Product Offerings, and SWOT Analysis of Key Competitors
Covid 19 Impact on the Overall Global Silicone Sealants Market
Future Market Forecast and Growth Rates of the Total Global Silicone Sealants Market and by Segments
Market Size of Technology / Application Segments with Historical CAGR and Future Forecasts
Analysis of Silicone Sealants Market in Major Regions
Major Production / Consumption Hubs in the Major Regions
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Country
Major Companies Profiled in the Report
Henkel AG & Co. KGaA
TKK D. O. O
GCP Applied Technologies
Wacker Chemie AG
Notable Emerging Companies Mentioned in the Report
Tengyu Chemical (Longkou)Co., Ltd.
Jinwuhuan Neutral Silicone Sealant
American Sealants Inc.
Robert Mckeown Co., Inc.
Anti-Seize Technology, A.S.T. Industries, Inc.
Ravensberger Wachs-Chemie Bernhard Seidel GmbH & Co KG
Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report
Construction Industry Personnel
Wood Furniture Manufacturers
Wood Product Manufacturers
Glass Furniture Manufacturers
Glass Product Manufacturers
Acetoxy Silicone Sealant Manufacturers
Amino Silicone Sealant Manufacturers
Oximinics Silicone Sealant Manufacturers
Acetic Silicone Sealant Manufacturers
Room Temperature Vulcanizing (RTV) Technology Providers
Time Period Captured in the Report
Historical Period: 2019-2021
Forecast Period: 2022E-2030F
Frequently Asked Questions
What is the Study Period of this Market Report?
The Global Silicone Sealants Market is covered from 2019-2030 in this report, which includes a forecast for the period 2022E-2030F.
What is the Future Growth Rate of the Global Silicone Sealants Market?
The Global Silicone Sealants Market is expected to witness a CAGR of about 6% over the next eight years.
What are the Key Factors Driving the Global Silicone Sealants Market?
The rise in demand for construction silicone sealants in the infrastructure and residential housing sectors is expected to be the primary driver of this market.
Which is the Largest Technology Segment within the Global Silicone Sealants Market?
Room temperature vulcanizing (RTV) technology held the largest share of the Global Silicone Sealants Market in 2021.
Who are the Key Players in Global Silicone Sealants Market?
3M Company, BASF SE, Henkel AG & Co. KGaA, Bostik, TKK D. O. O, H.B.Fuller, PPG Industries, Pidilite, GCP Applied Technologies, DowDUpont, Wacker Chemie AG, Sika A.G., among others are the major companies operating in Global Silicone Sealants Market.
2.7.1 By Product Type
2.7.2 By Technology
2.7.3 By Application
2.7.4 By Regions
4.2.1 Room Temperature Vulcanizing (RTV)
4.2.2 Thermoset or Heat Cured
4.2.3 Radiation Cured
4.2.4 Pressure Sensitive
5.2.1 Building & Construction
5.2.2 Semiconductors & Electronics
5.2.5 Wood Furniture
8.4.1 Major Production and Consumption Hubs in North America
8.4.2 Notable Emerging Silicone Sealants Companies in North America
8.4.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts By Product Type, 2019-2030
8.4.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Technology, 2019-2030
8.4.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2019-2030
8.4.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Countries, 2019-2030
8.5.1 Major Production and Consumption Hubs in Europe
8.5.2 Notable Emerging Silicone Sealants Companies in Europe
8.5.3 Market Revenue Share, Historic Growth, Outlook and Forecasts By Product Type, 2019-2030
8.5.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Technology, 2019-2030
8.5.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2019-2030
8.5.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Country, 2019-2030
8.5.7 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Countries, 2019-2030
22.214.171.124. Rest of Europe
8.6.1 Major Production and Consumption Hubs in Italy
8.6.2 Notable Emerging Silicone Sealants Companies in Asia-Pacific
8.6.3 Market Revenue Share, Historic Growth, Outlook and Forecasts By Product Type, 2019-2030
8.6.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Technology, 2019-2030
8.6.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2019-2030
8.6.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Countries, 2019-2030
126.96.36.199 South Korea
188.8.131.52 Rest of Asia Pacific
8.7.1 Major Production and Consumption Hubs in LAMEA
8.7.2 Notable Emerging Silicone Sealants Companies in LAMEA
8.7.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts By Product Type, 2019-2030
8.7.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Technology, 2019-2030
8.7.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2019-2030
8.7.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Sub-Regions, 2019-2030
184.108.40.206 Latin America
220.127.116.11 Middle East