APAC Construction Silicones Market - Focused Insights 2023-2028
REPORT OVERVIEW
This report offers market size & forecast data for the construction silicones market in the APAC. The revenue generated from the sale of construction silicones is included in the report. This report provides a comprehensive and current market scenario of the APAC construction silicones, including the APAC construction silicones market size, anticipated market forecast, relevant market segmentations, and industry trends.
The study considers a detailed scenario of the present construction silicones market and its market dynamics for 2023−2028 in the APAC. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
MARKET DEFINITION
Construction silicones used in the construction industry were introduced approximately 40 years ago. Silicones are a class of synthetic polymers. It is made up of alternating silicon and oxygen. The construction silicones are used for only construction applications such as roofing, sealing, flooring, glazing, caulking, etc. It is available in the market in various products forms such as sealants, adhesives, coatings, bonding, etc. Construction silicone is a long-lasting building material as it can withstand against rain, weather, and sunlight. Due to unique properties of silicones, it allows for engineering structures and creative designs, such as suspended and curved structures or spectacular glass structures.
KEY HIGHLIGHTS
- The APAC construction silicones market was valued at $1.50 billion in 2022 and is expected to reach $2.32 billion by 2028, growing at a CAGR of 7.51% during the forecast period.
- The APAC construction silicones market is growing significantly due to the growing popularity of green building practices, rising demand for high-performance construction materials, increasing demand for waterproofing solutions, rising popularity of modern architecture, improved performance boosts demand for silicone-based coatings & paints, high-rise construction boom, increasing construction activities in residential sector, and increasing infrastructure development activities.
- The increasing private sector and government investment in infrastructure development in APAC, leads to drive the demand for construction silicones in APAC, during the forecast period.
- In APAC construction silicones market, the commercial sector is the largest market for energy efficient buildings. The demand for modern architecture and high-rise buildings leads to drive the demand for silicone sealants for sealing & glazing application.
- Dow, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Momentive Performance Materials, Elkem, Evonik Industries AG are the leading players and have strong market penetration. Vendors such as Pidilite Industries Limited, Bondzil, Aica Kogyo Co. Ltd., BASF SE, 3M, Astral, Soudal Group, Henkel AG & Co. KG, Daikin Industries Ltd., Sika AG, and others are the prominent players in the market with a noteworthy presence.
VENDORS LIST
Key Vendors
1. Dow
2. Wacker Chemie AG
3. Shin-Etsu Chemical Co., Ltd.
4. Momentive Performance Materials
5. Elkem
6. Evonik Industries AG
Other Prominent Vendors
1. Pidilite Industries Limited
2. Bondzil
3. KONISHI CHEMICAL IND CO., LTD.
4. ALSTONE INDUSTRIES PVT. LTD
5. Aica Kogyo Co.,Ltd.
6. 3M
7. Astral Limited
8. Henkel AG & Co. KG
9. Soudal Group
10. Daikin Industries Ltd.
11. Kaneka Corporation
12. PPG Industries, Inc.
13. MESGO S.p.A.
14. Sika AG
15. Arkema Group
16. Mapei, S.p.A.
17. KCC Corporation
18. H.B. Fuller
19. Asian Paints
20. HP Adhesives Ltd.
21. Adolf Würth GmbH & Co. KG
22. Saint-Gobain
23. NAN PAO
24. Henan Minmetals East Industrial Co., Ltd.
25. Guangzhou Baiyun Chemical Industry Co., Ltd.
26. Kejian Polymer Materials (Shanghai) Co., Ltd
27. Shandong Lianyu Adhesive Industry Co., Ltd.
28. Beijing Comens New Materials Co., Ltd.
29. Shanghai Huitian New Materials Co., Ltd.
30. SHANDONG SANZE SILICONE SEALANT CO., LTD.
31. Guangzhou Jointas Chemical Co., Ltd.,
32. China Lesso Group Holdings Limited
33. BASF SE
34. Adarsha Speciality Chemicals Pvt. Ltd.
35. Urja Sealants Pvt. Ltd
36. GSMOA
37. OKONG Corp.
REPORT HIGHLIGHTS
SEGMENTATION & FORECAST
- Product Market Insights (2022-2028)
- Sealants
- Adhesives
- Coatings
- Others
- Application Market Insights (2022-2028)
- Roofing
- Sealing
- Flooring
- Others
- End-User Market Insights (2022-2028)
- Public & Commercial Infrastructure
- Residential
- Industrial
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of the APAC Construction Silicones Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
- About Arizton