Dublin, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The "Europe Construction Silicones Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The Europe construction silicones market is experiencing robust growth, with a valuation of $950.00 million in 2022 and an anticipated value of $1,287.58 million by 2028, marking a compound annual growth rate (CAGR) of 5.20% during the forecast period.
This growth is driven by various factors, including the increasing demand for energy-efficient buildings, the growing popularity of modern architecture, rising requirements for waterproofing solutions, and the demand for silicone-based glazing and painting in construction projects. Additionally, increased infrastructure spending and renovation of housing units further contribute to the market's expansion.
Key Highlights
- Energy-Efficient Buildings: The demand for construction silicones is rising in Europe due to the emphasis on energy-efficient buildings. Silicone materials play a crucial role in enhancing the energy efficiency of structures, aligning with the region's sustainability goals.
- Modern Architecture: Modern architectural designs often incorporate silicone-based solutions for their versatility and performance. The aesthetic appeal and functional properties of construction silicones are contributing to their increased use in contemporary construction projects.
- Waterproofing Solutions: Waterproofing is a critical requirement in construction, particularly in regions with wet climates. Construction silicones are in high demand for waterproofing applications, addressing the need to protect structures from moisture-related damage.
- Silicone Glazing: Silicone-based glazing is gaining popularity for its durability and weather resistance. As a result, the demand for construction silicones in glazing applications is on the rise.
- Infrastructure Spending: Increased infrastructure spending by governments and private entities is fueling the construction industry in Europe. This, in turn, boosts the demand for construction silicones in various applications.
- Renovation of Housing Units: The renovation of existing housing units is driving the need for high-quality construction silicones, particularly for tasks like sealing and waterproofing in older buildings.
Key Vendors
The Europe construction silicones market includes several key vendors and prominent players. Some of the key vendors operating in the market include:
- Wacker Chemie AG
- Dow
- Elkem
- Momentive Performance Materials
- Shin-Etsu Chemical Co., Ltd.
- Henkel AG & Co. KG
Other Prominent Vendors
In addition to the key vendors, numerous other prominent companies contribute to the Europe construction silicones market. These include:
- American Daikin Industries Ltd.
- Mapei, S.p.A.
- Arkema Group
- Sika AG
- BASF SE
- CHT Germany GmbH
- MESGO S.p.A.
- 3M
- PPG Industries, Inc.
- DTi device Technologies GmbH
- KCC Corporation
- Kaneka Corporation
- Soudal Group
- Adolf Wurth GmbH & Co. KG
- Evonik Industries AG
- Saint-Gobain
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 75 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $0.95 Billion |
| Forecasted Market Value (USD) by 2028 | $1.29 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Europe |
Key Topics Covered:
Chapter - 1: Europe Construction Silicones Market Overview
- Executive Summary
- Key Findings
- Key Developments
Chapter - 2: Europe Construction Silicones Market Segmentation Data
- 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 Overview: Key Countries (2022-2028)
- Germany
- UK
- France
- Italy
- Spain
Chapter - 3: Europe Construction Silicones Market Prospects & Opportunities
- Europe Construction Silicones Market Drivers
- Europe Construction Silicones Market Trends
- Europe Construction Silicones Market Constraints
Chapter - 4: Europe Construction Silicones Market Overview
- Europe Construction Silicones - Competitive Landscape
- Europe Construction Silicones - Key Players
- Europe Construction Silicones - Key Company Profiles
Chapter - 5: Appendix
For more information about this report visit https://www.researchandmarkets.com/r/d2i8dc
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
