Silicone sealants are widely used in the construction industry for various applications, including sealing joints, gaps, and cracks in buildings, windows, and other structures. These sealants offer excellent adhesion, durability, and resistance to temperature, weathering, and chemicals. The demand for construction silicone sealants is influenced by factors such as the growth of the construction industry, infrastructure development, renovation activities, and the overall economic conditions. Additionally, environmental regulations and the focus on sustainable construction practices can also impact the market. The Construction Silicone Sealants market size is expected to grow from USD 3.5 billion in 2021 to USD 4.5 billion by 2026, at a CAGR of 5.0% during the forecast period.

Browse 219 market data Tables and 51 Figures spread through 207 Pages and in-depth TOC on "Construction Silicone Sealants Market by Type (One Component, two Component), Curing Type (Acetoxy, Alkoxy, Oxime), Application, End-Use Industry (Residential, Commercial, Industrial) and Region - Global Forecast to 2026"

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Construction Silicone Sealants Market Key Players

Dow (US), Wacker Chemie AG (Germany), Elkem ASA (Norway), Momentive (US), and Shin-Etsu Chemical Co. Ltd. (Japan), are the leading construction silicone sealants manufacturers, globally.

Dow is the largest player in the market. Dow is one of the leading names in chemical market and provides extensive range of products in Silicone sealant market for building and construction sector especially. The company has good financial backgrounds and geographical presence with 106 manufacturing sites in 31 countries.

Wacker Chemie AG is the second-largest player of the construction silicone sealants market, globally. The company is one of the leading chemical company and manufactures products in the field of Silicone, polymer, life sciences and polySilicone markets for all key global industries

APAC is expected to hold the largest market share in the global construction silicone sealants market during the forecast period.

APAC accounted for the largest share of the Construction silicone sealants market in 2020. The market in the region is growing because of growing building & construction activities in emerging countries, increasing domestic demand, income levels, and easy access to resources. The market is also driven by foreign investments, supported by cheap labor and economical and accessible raw materials.

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Insulating glass is expected to be the fastest-growing application in the Construction silicone sealants market during the forecast period.

Insulating glass, also known as double or triple glazing, is a popular application for construction silicone sealants. It involves the use of multiple glass panes separated by an air or gas-filled space, providing enhanced thermal insulation, noise reduction, and energy efficiency in buildings.

Insulating glass attributed to several factors:

  1. Energy Efficiency Regulations: Many countries and regions have implemented energy efficiency regulations and standards for buildings to reduce energy consumption. Insulating glass helps meet these requirements by improving the thermal performance of windows, reducing the need for heating and cooling, and consequently increasing energy efficiency. This drives the demand for construction silicone sealants used in the installation and sealing of insulating glass units.

  2. Sustainability and Green Building Practices: The construction industry is increasingly adopting sustainable and green building practices. Insulating glass aligns with these principles by reducing energy waste and improving indoor comfort. As a result, there is a growing preference for insulating glass in construction projects, which drives the demand for silicone sealants used in its installation.

  3. Urbanization and Infrastructure Development: Rapid urbanization and infrastructure development in many regions around the world lead to increased construction activities. As buildings become taller and more energy-efficient, there is a greater need for insulating glass in facades, windows, and curtain walls. Consequently, this drives the demand for construction silicone sealants used in sealing the edges and joints of insulating glass units.

  4. Renovation and Retrofitting: The retrofitting and renovation of existing buildings also contribute to the demand for insulating glass and the associated silicone sealants. Many old buildings are being upgraded with energy-efficient solutions, including the replacement of single-pane windows with insulating glass units. This trend further boosts the demand for construction silicone sealants.