China Silicone Sealants Market Size & Outlook, 2024-2030
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China silicone sealants market highlights
- The China silicone sealants market generated a revenue of USD 945.7 million in 2023 and is expected to reach USD 1,454.6 million by 2030.
- The China market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, room temperature vulcanizing (rtv) was the largest revenue generating technology in 2023.
- Thermoset or heat cured is the most lucrative technology segment registering the fastest growth during the forecast period.
Silicone sealants market data book summary
| Market revenue in 2023 | USD 945.7 million |
| Market revenue in 2030 | USD 1,454.6 million |
| Growth rate | 6.4% (CAGR from 2024 to 2030) |
| Largest segment | Room temperature vulcanizing (rtv) |
| Fastest growing segment | Thermoset or heat cured |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Room temperature vulcanizing (RTV), Thermoset or heat cured, Radiation cured, Pressure sensitive |
| Key market players worldwide | Dow Inc, Shin-Etsu Chemical Co Ltd, Wacker Chemie AG, 3M Co, Tremco, Inc., Bostik, Sika AG, Henkel AG & Co KGaA, Huntsman Corp, H.B. Fuller Co, Mapei |
Other key industry trends
- In terms of revenue, China accounted for 23.5% of the global silicone sealants market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China silicone sealants market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 255.1 million by 2030.
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Silicone Sealants Market Scope
Silicone Sealants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tremco, Inc. | View profile | 1001-5000 | Beachwood, Ohio, United States, North America | http://www.tremcoroofing.com/ |
| Bostik | View profile | 5001-10000 | Paris, Ile-de-France, France, Europe | http://www.bostik.com |
| Mapei | View profile | 10001+ | Milan, Lombardia, Italy, Europe | https://www.mapei.com/ca/ |
| H.B. Fuller Co | View profile | 7200 | 1200 Willow Lake Boulevard, Saint Paul, MN, United States, 55110-5101 | https://www.hbfuller.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Wacker Chemie AG | View profile | 16378 | Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 | https://www.wacker.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
China silicone sealants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicone sealants market will help companies and investors design strategic landscapes.
Room temperature vulcanizing (rtv) was the largest segment with a revenue share of 68.85% in 2023. Horizon Databook has segmented the China silicone sealants market based on room temperature vulcanizing (rtv), thermoset or heat cured, radiation cured, pressure sensitive covering the revenue growth of each sub-segment from 2018 to 2030.
The Chinese economy is led by the construction sector and the rapid recovery from the recent economic downfall is likely to be led by an introduction of new credit, growing industrial output, and housing sales.
Chinese automobile companies are increasingly entering into various joint ventures to boost production, manage a profitable price model, and take advantage of the potentially rising auto sales.
China is one of the fastest-growing markets for silicone sealants on account of the rapid expansion in key industries such as automotive, construction, consumer goods, electronics, and others.
Silicone sealants are increasingly replacing conventional joint filling and bonding materials in construction & automotive applications across this region.
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Our clientele includes a mix of silicone sealants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China silicone sealants market , including forecasts for subscribers. This country databook contains high-level insights into China silicone sealants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China silicone sealants market size, by technology, 2018-2030 (US$M)
China Silicone Sealants Market Outlook Share, 2023 & 2030 (US$M)
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