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Silicone Sealants Industry Report Analysis By opportunities
Silicone sealants are adhesive materials that find valuable are uses as sealants in various industry verticals. It differs in elasticity and strength as these sealants are not the same as common adhesives. The sealants, when applied between substrates with different elongation rates under pressure or thermal expansion coefficients, need satisfactory elongation and flexibility. Silicone sealants are perfect for plasma spray tapes, bonding, high temperature masking, flexible printed circuit laminates and electric and thermal insulation. In order to deliver the required flexibility and elongation silicone sealants generally hold inert fillers and are formulated in conjunction with an elastomer.
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By geography, Asia Pacific is going to have high growth during forecast period due to rising demand from end user industries in the region such as automotive, construction, and electronics among others. Rapid industrialization, rising gross domestic product, growing disposable income and purchase parity in emerging economies such as India and China is expected to complement growth of the silicone sealants market in the region. Since industrial economic countries like South Korea, Japan, Singapore, India, China, Taiwan, Thailand and Singapore, Japan are located in Asia Pacific region are estimated to propel the region's market share.
Some of the key players profiled in the Silicone Sealants Market include Bostik (Arkema Group), Dow, H.B. Fuller, Henkel Corporation, Huntsman International LLC, Mapei, Shin-Etsu Chemical Company, Sika AG, The 3M Company, Tremco Incorporated, Wacker Chemie AG, Litokol and BASF SE Company.
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