RTV Silicone Market Size Worth USD 1.61 Billion by 2028, Market Trend – Advancements in automotive industry

April 09 23:27 2021
The global RTV silicone market reached a market size of USD 1.17 Billion in 2020 and is expected to register a CAGR of 4.0% during the forecast period

The global RTV silicone market reached a market size of USD 1.17 Billion in 2020 and is expected to register a CAGR of 4.0% during the forecast period

RTV silicone market is expected to reach a market size of USD 1.61 Billion by 2028 at a steady CAGR, according to latest analysis by Emergen Research. Increasing demand for electric vehicles, innovation in electronic components, and rising demand for medical devices are some other key factors propelling revenue growth of the global RTV silicone market. RTV silicone has physical properties such as high water resistance, temperature resistance, and chemical resistance. Due to these properties, demand for RTV silicone in various end-use industries has been rising significantly in the recent past. It is also widely used in casting of plaster, resins, and low melt metal alloys.

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Key players operating in the market are Elkem ASA, Acrabond Adhesives Private Limited, KCC Corporation, American Sealants, Inc, Anabond, Avantor, Inc., CHT Group, H.B. Fuller, Henkel AG & Co. KGaA, and Illinois Tool Works Inc.

  • Type Outlook (Revenue: USD Billion; 2020–2028)
    • RTV-1
    • RTV-2
  • End-use Outlook (Revenue: USD Billion; 2020–2028)
    • Construction Industry
    • Electrical & Electronics Industry
    • Automotive Industry
    • Aerospace Industry
    • Others
  • Marketing Channel Outlook (Revenue: USD Billion; 2020–2028)
    • Online
    • Offline

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

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Detailed Regional Analysis covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Benefits of Buying the Global RTV silicone Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global RTV silicone Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global RTV silicone Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global RTV silicone Market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Global RTV Silicone Market Segmentation & Impact Analysis

    4.1. Global RTV Silicone Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for RTV silicone from construction and automotive sector

                    4.2.2.2. Growing demand for electric vehicles

          4.2.3. Market restraints analysis

                    4.2.3.1. Availability of other alternatives

                    4.2.3.2. High price of RTV silicone rubber

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Global RTV Silicone Market Type Insights & Trends, Revenue (USD Billion)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. RTV-1

          5.1.2. RTV-2

Chapter 6. Global RTV Silicone Market End-Use Insights & Trends Revenue (USD Billion)

    6.1. End-Use Dynamics & Market Share, 2019 & 2027

          6.1.1. Construction Industry

          6.1.2. Electrical & Electronics Industry

          6.1.3. Automotive Industry

          6.1.4. Aerospace Industry

          6.1.5. Others

Chapter 7. Global RTV Silicone Market Marketing Channel Insights & Trends Revenue (USD Billion)

    7.1. Marketing Channel Dynamics & Market Share, 2019 & 2027

          7.1.1. Online

          7.1.2. Offline

Continue…!

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