The global RTV silicone market reached a market size of USD 1.17 Billion in 2020 and is expected to register a CAGR of 4.0% during the forecast period
RTV silicone market is expected to reach a market size of USD 1.61 Billion by 2028 at a steady CAGR, according to latest analysis by Emergen Research. Increasing demand for electric vehicles, innovation in electronic components, and rising demand for medical devices are some other key factors propelling revenue growth of the global RTV silicone market. RTV silicone has physical properties such as high water resistance, temperature resistance, and chemical resistance. Due to these properties, demand for RTV silicone in various end-use industries has been rising significantly in the recent past. It is also widely used in casting of plaster, resins, and low melt metal alloys.
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Key players operating in the market are Elkem ASA, Acrabond Adhesives Private Limited, KCC Corporation, American Sealants, Inc, Anabond, Avantor, Inc., CHT Group, H.B. Fuller, Henkel AG & Co. KGaA, and Illinois Tool Works Inc.
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Global RTV Silicone Market Segmentation & Impact Analysis
4.1. Global RTV Silicone Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for RTV silicone from construction and automotive sector
4.2.2.2. Growing demand for electric vehicles
4.2.3. Market restraints analysis
4.2.3.1. Availability of other alternatives
4.2.3.2. High price of RTV silicone rubber
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Global RTV Silicone Market Type Insights & Trends, Revenue (USD Billion)
5.1. Type Dynamics & Market Share, 2019 & 2027
5.1.1. RTV-1
5.1.2. RTV-2
Chapter 6. Global RTV Silicone Market End-Use Insights & Trends Revenue (USD Billion)
6.1. End-Use Dynamics & Market Share, 2019 & 2027
6.1.1. Construction Industry
6.1.2. Electrical & Electronics Industry
6.1.3. Automotive Industry
6.1.4. Aerospace Industry
6.1.5. Others
Chapter 7. Global RTV Silicone Market Marketing Channel Insights & Trends Revenue (USD Billion)
7.1. Marketing Channel Dynamics & Market Share, 2019 & 2027
7.1.1. Online
7.1.2. Offline
Continue…!
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