Silicone Sealants Market Trends, Industry Survey, Overview and Forecast till 2021

Global Silicone Sealants Market is classified on the basis of number of components, product form, technology, modulus, end users, and geography. Sealants are polymers having a tight molecular structure that does not allow penetration. They contain fast-drying epoxies that form a sleek finish. Sealants are designed to close gaps between surfaces and prevent things like dust, water, smoke, air or dirt from entering it. Silicone sealants have a wide range of residential as well as industrial application.
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Primary functions of sealants include filling in gaps between substrates, sustaining sealing properties for expected environments, service conditions and lifespan and acting as a barrier through the physical properties of the sealants and adhesion or bonding to certain substrates.
The factors that propel the market growth include a wide range of applications such as automotive, residential, and so on. In addition, increase in construction activities in the developing regions due to rapid urbanization is also fuelling the growth of the market. Moreover, features such as superior performance as compared to other materials, long lasting, reduce maintenance requirements, etc. also contribute to the market growth. On the other hand, there are factors that may hamper the market growth, such as high cost of silicone sealants and fluctuating price of raw materials.
Silicone Sealants Market is classified on the basis of number of components as one component system and two component systems. Based on product, the silicone sealants market is bifurcated as form as free flowing, cure in place casketing, elastomeric silicone rubber and lubricating greases.
Silicone Sealants Market is again classified on the basis of technology as pressure sensitive, room temperature vulcanizing, radiation curing and thermo set or heat curing. Based on modulus, the global market is bifurcated as high modulus silicon sealants and low modulus silicon sealants. Based on end users, the global market is bifurcated into construction, electronics, automotive, aerospace, marine, industrial assembly and maintenance, consumer products and others.
Silicone Sealants Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.
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Some of the key players that fuel the growth of the Silicone Sealants Industry include Dow Chemical, RPM International, Henkel, H.B Fuller, BASF, Dupont, 3M, Momentive, Devcon (ITW), Dap, Permatex, Guangzhou Baiyun Chemical Industry, Wacker, JINSHU, Silande, Sika, Antas, LUSHI, BLD, YongAn, Haotaitai, Chuangshiji and others.

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