Silicone Sealants Market Will Generate New Growth Opportunities by 2024Posted by Vakhas on April 17th, 2019 San Francisco, 17 Apr 2019 - "Silicone Sealants Market Analysis By Technology (Pressure Sensitive, Radiation Curing, Room Temperature Vulcanizing, Thermoset), By Application (Insulating Glass, Construction, Automotive, Industrial) And Segment Forecasts To 2024" The global silicone sealants market is expected to reach USD 3.50 billion by 2024, according to a new report by Grand View Research, Inc. The product is increasingly substituting various organic sealants and adhesives in construction, insulating glass, automotive, and industrial applications owing to their chemical characteristics including resistance to chemicals and corrosion and physical properties such as water repelling and elongation. Growing utilization of thermoset and radiation curing technologies in the manufacturing of the product is expected to enhance the elongation and curing capabilities, which in turn is expected to propel demand over the forecast period. Additionally, the presence of established raw material suppliers including BASF and Evonik with superior additives as part of their product portfolio is expected to propel demand over the forecast period. U.S. silicone sealants market revenue, by application, 2013 - 2024 (USD Million) Growing demand for the product in the construction industry owing to the superior characteristics of silicone sealants as compared to organic sealants including polyurethane, polysulfide and acrylic are expected to be the key driver for the market over the next eight years. However, high volatile organic compounds (VOCs) emission associated with silicone sealants and growing consumer awareness for environment safety is likely to restrain growth over the next eight years. To request a sample copy or view summary of this report, click the link below: Further key findings from the report suggest:
Grand View Research has segmented the silicone sealants market on the basis of product, application and region: Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-silicone-sealants-market Silicone Sealants Market Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)
Silicone Sealants Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
Silicone Sealants Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
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