According to the new market research report "Construction Silicone Sealants Market by Type (One Component, two Component), Curing Type (Acetoxy, Alkoxy, Oxime), Application, End-Use Industry (Residential, Commercial, Industrial) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Construction Silicone Sealants Market size is expected to grow from USD 3.5 billion in 2021 to USD 4.5 billion by 2026, at a CAGR of 5.0% during the forecast period.
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Browse in-depth TOC on "Construction Silicone Sealants Market"
219 – Tables
51 – Figures
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The growth is due to the growing demand for windows & doors systems, weatherproofing and other applications throughout the world. The silicone sealants are widely used for glazing, bathroom, and kitchen applications. The increasing demand from residential housing and commercial offices, along with rising infrastructure output from key sub-sectors, such as roads, rail, energy, and water and sewerage, is boosting the demand for construction silicone sealants.
Construction Sealants Market Key Players
Dow (US), Wacker Chemie AG (Germany), Elkem ASA (Norway), Momentive (US), and Shin-Etsu Chemical Co. Ltd. (Japan) are the leading construction silicone sealants manufacturers, globally.
Dow is the largest player in the market. Dow is one of the leading names in chemical market and provides extensive range of products in Silicone sealant market for building and construction sector especially. The company has good financial backgrounds and geographical presence with 106 manufacturing sites in 31 countries.
Wacker Chemie AG is the second-largest player of the construction silicone sealants market, globally. The company is one of the leading chemical company and manufactures products in the field of Silicone, polymer, life sciences and polySilicone markets for all key global industries. In March 2018, the company opened a new laboratory in the Moscow Technical Center, for adhesives and sealants, in Russia to increase its research and development capacity as well as have more innovations in sealants market.
Construction Silicone Sealants Market, By Type
- One component
- Two-component
Construction Silicone Sealants Market, By Curing Type
- Acetoxy
- Alkoxy
- Oxime
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Construction Silicone Sealants Market, By Application
- Windows & Doors System
- Weatherproofing (Facade)
- Structural Bonding
- Decoration
- Insulating Glass
- Glazing
- DIY
- Others
Construction Silicone Sealants Market, By End-Use Industry
- Residential
- Commercial
- Industrial
Construction Silicone Sealants Market, By Region
- Asia Pacific
- North America
- Europe
- Middle East
- South America
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Insulating glass is expected to be the fastest-growing application in the Construction silicone sealants market during the forecast period.
Insulating Glass is the fastest-growing application segment in the Construction silicone sealants market. Rising number of energy-efficient construction projects in residential and commercial end-use industries will drive the demand for silicone sealants in the insulating glass application. It accounted for a share of about 14.4% of the construction silicone sealants market, in terms of value, in 2020.
APAC is expected to hold the largest market share in the global construction silicone sealants market during the forecast period.
APAC accounted for the largest share of the Construction silicone sealants market in 2020. The market in the region is growing because of growing building & construction activities in emerging countries, increasing domestic demand, income levels, and easy access to resources. The market is also driven by foreign investments, supported by cheap labor and economical and accessible raw materials.
Table of Contents for Construction Silicone Sealants Market:
- Introduction of the Construction Silicone Sealants Market
- Overview of the Market
- Scope of Report
- Assumptions
- Executive Summary
- Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
- Construction Silicone Sealants Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
- Construction Silicone Sealants Market, By Type
- Construction Silicone Sealants Market, By Application
- Construction Silicone Sealants Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
- Construction Silicone Sealants Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
- Company Profiles
- Appendix