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The study considers a detailed scenario of the present construction silicones market and its market dynamics for 2023-2028 in the US. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
KEY HIGHLIGHTS
- The US construction silicones market was valued at $860 million in 2022 and is expected to reach $1,199.69 million by 2028, growing at a CAGR of 5.70% during the forecast period.
- The US construction silicones market is growing significantly due to the rising popularity of modern architecture, rising DIY activities, growing popularity of green building practices, rising demand for waterproofing solutions, increasing infrastructure development activity, rising demand for silicone painting, and increased renovation of housing units.
- Silicone sealants can last three times longer than organic materials used in the same applications. It drives the demand for construction silicones in the US during the forecast period.
- Demand for High-quality silicones is increasing in glazing applications in the commercial sector. Rising commercial space construction across the US drives the demand for construction silicones during the forecast period.
- Rising green building practices are expected to increase the demand for construction silicones for UV ray protection fire-resistant applications in the US. The demand for insulated glass units is rising to resist UV rays.
SEGMENTATION & FORECAST
Product Market Insights (2022-2028)
- Sealants
- Adhesives
- Coatings
- Others
Application Market Insights (2022-2028)
- Roofing
- Sealing
- Flooring
- Others
End-User Market Insights (2022-2028)
- Public & Commercial Infrastructure
- Residential
- Industrial
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of the US Construction Silicones Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
VENDORS LIST
Key Vendors
- Dow
- Momentive Performance Materials
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- Elkem
- Sika AG
Other Prominent Vendors
- Henkel AG & Co. KG
- Mapei, S.p.A.
- BASF SE
- 3M
- PPG Industries
- H.B. Fuller Company
- Milliken & Company
- CHT Germany GmbH
- Evonik Industries AG
- REISS MANUFACTURING, INC.
- Arkema Group
- Adolf Würth GmbH & Co. KG
- Guangzhou Baiyun Chemical Industry Co., Ltd.
- Saint-Gobain
Table of Contents
Companies Mentioned
- Dow
- Momentive Performance Materials
- Wacker Chemie AG
- Shin-Etsu Chemical Co. Ltd.
- Elkem
- Sika AG
- Henkel AG & Co. KG
- Mapei, S.p.A.
- BASF SE
- 3M
- PPG Industries
- H.B. Fuller Company
- Milliken & Company
- CHT Germany GmbH
- Evonik Industries AG
- REISS MANUFACTURING, INC.
- Arkema Group
- Adolf Würth GmbH & Co. KG
- Guangzhou Baiyun Chemical Industry Co. Ltd.
- Saint-Gobain
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 66 |
| Published | September 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 0.86 Billion |
| Forecasted Market Value ( USD | $ 1.2 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | United States |
| No. of Companies Mentioned | 20 |
