Germany Silicone Sealants Market Size & Outlook, 2024-2030
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Germany silicone sealants market highlights
- The Germany silicone sealants market generated a revenue of USD 217.9 million in 2023 and is expected to reach USD 287.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.1% 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 217.9 million |
| Market revenue in 2030 | USD 287.9 million |
| Growth rate | 4.1% (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, Germany accounted for 5.4% 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 Europe, Germany silicone sealants market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 287.9 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 |
Germany 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 67.69% in 2023. Horizon Databook has segmented the Germany 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.
Silicone sealants market in Germany is expected to witness growth over the forecast period owing to the expanding automotive industry coupled with the presence of key manufacturers such as Volkswagen, Mercedes-Benz, Opel, and BMW.
Furthermore, growing consumer goods industry is expected to propel the demand for silicone sealants as they find application in various commodities such as cosmetics, food products, and electronic devices.
The growing manufacturing sector is also expected to fuel the product demand over the forecast period.
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Target buyers of Germany silicone sealants market databook
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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 Germany silicone sealants market , including forecasts for subscribers. This country databook contains high-level insights into Germany silicone sealants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany silicone sealants market size, by technology, 2018-2030 (US$M)
Germany Silicone Sealants Market Outlook Share, 2023 & 2030 (US$M)
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