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Construction Silicone Sealants Market worth $4.5 billion by 2026

 



(EstateNewsWire.com, June 14, 2021 ) The 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", 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. 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.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=97297482

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.

Don't miss out on business opportunities in Construction Silicone Sealants Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=97297482

Browse in-depth TOC on "Construction Silicone Sealants Market”
219 - Market Data Tables
51 - Figures
207 - Pages

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.

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.

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About MarketsandMarkets™

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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Mr. Aashish Mehra

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raviraj.tak@marketsandmarkets.com

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