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Silicone Adhesives and Sealants Market Size, Share Global Analysis Report, 2019 – 2027

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Silicone Adhesives and Sealants Market By Type (One Component, UV Cured, and Two Component), By Composition (Alkoxy Silicones, Amino Silicones, Acetic Silicones, and Oximinics Silicones), and By End-Use(Construction, Packaging, Automotive, Marine & Aerospace, Healthcare, and Electrical & Electronics): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2027

Industry Insights

[220+ Pages Report] According to the report published by Facts and Factors, the global silicone adhesives and sealants market was valued at approximately USD 2,497 million in 2018 and is expected to reach a value of around USD 4,218 million by 2027, at a CAGR of around 6% between 2019 and 2027. The report covers the forecast and analysis of the silicone adhesives and sealants market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the silicone adhesives and sealants market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the silicone adhesives and sealants market on a global level.

silicone-adhesives-and-sealants-market-size

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In order to give the users of this report a comprehensive view of the silicone adhesives and sealants market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the silicone adhesives and sealants market by segmenting the market based on the type, composition, end-use, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Escalating utilization of silicone adhesives & sealants in vehicles will propagate the expansion of the silicone adhesives and sealants industry over the forecast period. Reportedly, the silicone adhesives & sealants aid in enhancing the efficiency of the vehicle parts and assist in reducing the overall mass of the vehicle, thereby minimizing the carbon emissions in the atmosphere. However, enforcement of strict government laws due to environmental concerns can act as the barrier to the growth of the market over the forecast period. Reports cite that the silicone adhesives & sealants comprise volatile organic compounds that can cause environmental pollution. Moreover, the rising eco-friendly trends witnessed among consumers can prevent them from using the product and this can be detrimental to the surge of the industry over the forecast period.

Based on the type, the industry is divided into One Component, UV Cured, and Two Component. Based on the composition, the industry is classified into Alkoxy Silicones, Amino Silicones, Acetic Silicones, and Oximinics Silicones. In terms of end-use, the industry is classified into Construction, Packaging, Automotive, Marine & Aerospace, Healthcare, and Electrical & Electronics.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 2,497 Million

Projected Market Size in 2027

USD 4,218 Million

CAGR Growth Rate

6%

Base Year

2018

Forecast Years

2019-2027

Key Market Players

3M, Henkel AG & Co. KgaA, Master Bond Inc., Benson Polymers Limited, McCoy Soudal, Dow Corning Corporation, Wacker Chemie AG, Momentive Performance Materials Inc., and Aerol Formulations Pvt. Ltd.

Key Segment

By Type, By Composition, By End-Use, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoThe key players included in this market are

  • 3M
  •  Henkel AG & Co. KgaA
  •  Master Bond Inc.
  •  Benson Polymers Limited
  •  McCoy Soudal
  • Dow Corning Corporation
  • Wacker Chemie AG
  • Momentive Performance Materials Inc
  • Aerol Formulations Pvt. Ltd.

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logoThis report segments the Silicone Adhesives and Sealants Market as follows:

logo By Type Segment Analysis

  • One Component
  • UV Cured
  • Two Component

logo By Composition Segment Analysis

  • Alkoxy Silicones
  • Amino Silicones
  • Acetic Silicones
  • Oximinics Silicones

logo By End-Use Segment Analysis

  • Construction
  • Packaging
  • Automotive
  • Marine & Aerospace
  • Healthcare
  • Electrical & Electronics

logo Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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Industry Major Market Players

  • 3M
  •  Henkel AG & Co. KgaA
  •  Master Bond Inc.
  •  Benson Polymers Limited
  •  McCoy Soudal
  • Dow Corning Corporation
  • Wacker Chemie AG
  • Momentive Performance Materials Inc
  • Aerol Formulations Pvt. Ltd.

Frequently Asked Questions

Silicone adhesives and sealants find large-scale applications in the bonding of two different kinds of substrates. Moreover, technological breakthroughs in the polymer and chemical industry have elevated the adhesive features of the product.
The rise in the number of home constructions along with massive industrialization will scale up the growth of the construction sector and this will result in the burgeoning growth of the silicone adhesives and sealants market.
According to the report, the global silicone adhesives and sealants market was valued at approximately USD 2,497 million in 2018 and is expected to reach a value of around USD 4,218 million by 2027, at a CAGR of around 6% between 2019 and 2027.
The global Silicone Adhesives and Sealants Market is expected to witness the highest growth in ndia and China.
The key players included in this market are 3M, Henkel AG & Co. KgaA, Master Bond Inc., Benson Polymers Limited, McCoy Soudal, Dow Corning Corporation, Wacker Chemie AG, Momentive Performance Materials Inc., and Aerol Formulations Pvt. Ltd.