Jan 16, 2020   SOURCE: BusinessWire

The Global RTV Silicone Market Anticipated to Reach $1.72 Billion by the End of the Forecast Period, 2019-2029 - ResearchAndMarkets.com

The "Global RTV Silicone Market: Focus on Type (RTV-1 and RTV-2) and Application (Construction, Automotive, Electrical & Electronics, Aerospace, and Others) - Analysis and Forecast, 2019-2029" report has been added to ResearchAndMarkets.com's offering.

The RTV silicone industry analysis projects the market to grow at a significant CAGR of 4.13% on the basis of value during the forecast period 2019 - 2029.

Key Questions Answered in this Report:

  • What are the major driving forces that are expected to increase the global market demand for RTV silicone during the forecast period, 2019-2029?
  • What are the major challenges inhibiting the growth of the global RTV silicone market?
  • What was the revenue generated by the RTV silicone market by type in 2018, and what are the estimates for the period between 2019 and 2029?
  • Which application type is expected to dominate the global RTV silicone market in the coming years (2019-2029)?
  • Which are the key players in the global RTV silicone market?
  • What are the new strategies adopted by the existing market players to make a mark in the industry?
  • What major opportunities do the RTV silicone manufacturers foresee?
  • What is the consumption pattern of the RTV silicone across end users in different regions and countries?
  • Which are the major regions and countries that provide growth opportunities for the RTV silicone market?
  • Which different types of RTV silicone are currently being used, and what are their applications?
  • What is the competitive strength of the leading players in the global RTV silicone market?

Global RTV Silicone Market Forecast, 2019-2029

Asia-Pacific dominated the global RTV silicone market with a share of 41.82% in 2018. Asia-Pacific, including the major countries, such as China, is the most prominent region for the RTV silicone market. In North America, the U.S. acquired a major market share in 2019 due to a growing construction and aerospace sector in the country.

The global RTV silicone market has gained widespread importance owing to a gradually developing automotive and construction industry. However, the usage of other sealants such as epoxy and acrylic sealants for various applications may hamper the market growth of the RTV silicones during the forecast period.

Expert Quote

The increasing demand of RTV silicones in automotive segment due to its insulating, sealing, and bonding properties is boosting the overall growth RTV silicone. Moreover, the increased automotive electronics per vehicle and growth in sales of hybrid and electric vehicles is propagating the demand of RTV silicones.

Scope of the Global RTV Silicone Market

The report on global RTV silicone market research provides detailed market information for segmentation such as by type, applications, and regions. The purpose of this market analysis is to examine the RTV silicone market outlook in terms of factors driving the market trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape along with the detailed financial and product contributions of the key players operating in the market.

Market Segmentation

The global RTV silicone market is further segmented by type, application, and region. The construction application dominated the global RTV silicone market in 2019 and is anticipated to maintain its dominance throughout the forecast period (2019-2029).

While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the industry that is analyzed. The report also analyzes different types of RTV silicone that includes RTV-1 and RTV-2. In the application segment, the market is segmented into construction, automotive, electrical and electronics, aerospace, and others.

Key Topics Covered:

Executive Summary

1 Market Dynamics

1.1 Market Drivers

1.2 Market Restraints

1.3 Market Opportunities

1.3.1 Expected Growth of RTV Silicone in Medical Sector

2 Competitive Landscape

2.1 Key Market Development and Strategies

2.2 Leading Players in RTV Silicone Market

3 The Industry Analysis

3.1 Industry Attractiveness

3.2 Supply Chain

3.3 Opportunity Matrix Analysis

4 Global RTV Silicone Market (by Type), Analysis and Forecast (2018-2029)

4.1 Market Overview

4.2 RTV 1 (One Component)

4.3 RTV-2 (2 component)

5 Global RTV Silicone Market (by Application), Analysis and Forecast (2018-2029)

5.1 Market Overview

5.2 Construction

5.3 Electrical & Electronics

5.4 Automotive

5.5 Aerospace

5.6 Others

6 Global RTV Silicone Market (by Region), Analysis and Forecast (2018-2029)

6.1 Market Overview

6.2 North America

6.3 Europe

6.4 Asia-Pacific

6.5 Middle East and Africa

6.6 South America

7 Company Profiles

7.1 Overview

7.2 Acrabond Adhesives Private Limited

7.3 American Sealants, Inc.

7.4 Anabond

7.5 Avantor Inc.

7.6 CHT Group

7.7 Elkem ASA

7.8 H.B. Fuller

7.9 Henkel AG & Co. KGaA

7.10 Illinois Tool Works Inc.

7.11 KCC Corporation

7.12 Novagard Solutions

7.13 Shin-Etsu Chemical Co., Ltd.

7.14 Sika AG

7.15 The Dow Chemical Company

7.16 Wacker Chemie AG

8 Report Scope and Methodology

8.1 Report Scope

8.2 Global RTV Silicone Market Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/s5fin5