The U.S. Construction Silicone Sealants Market
is expected to reach USD 288.1 million by 2025, according to a new
report by Hexa Reports. Rising applications in the construction industry
coupled with the benefits offered by silicone sealants are
supplementing the demand for silicone sealants in the U.S.
The market is expected to witness significant demand on account of growing necessity for the substance in the construction industry. The applications of silicone sealants are growing in the construction industry owing to its utilization in gap fillings, bathrooms & kitchen fittings, and expansion joints. The use of the product in the structural glazing of buildings is also expected to aid the market growth.
Exterior was the largest application category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. Interior is expected to witness fastest growth rate over the forecast period.
Residential is expected to grow at the fastest rate over the next 8 years with an estimated CAGR of 5.6% from 2017 to 2025.
Browse Detail Report With TOC @ http://www.hexareports.com/report/us-construction-silicone-sealants-market
Houston, Dallas, Washington, New York, Austin, Los Angeles, Phoenix, Seattle, Atlanta, and San Antonio are among the fastest-growing cities in terms of residential construction. Factors such as sustainable community development, easy access to affordable housing, and government support for home ownership in the U.S. are likely to create favorable opportunities for silicone sealants demand in the construction industry.
Further key findings from the report suggest :
Table Of Content
The market is expected to witness significant demand on account of growing necessity for the substance in the construction industry. The applications of silicone sealants are growing in the construction industry owing to its utilization in gap fillings, bathrooms & kitchen fittings, and expansion joints. The use of the product in the structural glazing of buildings is also expected to aid the market growth.
Exterior was the largest application category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. Interior is expected to witness fastest growth rate over the forecast period.
Residential is expected to grow at the fastest rate over the next 8 years with an estimated CAGR of 5.6% from 2017 to 2025.
Browse Detail Report With TOC @ http://www.hexareports.com/report/us-construction-silicone-sealants-market
Houston, Dallas, Washington, New York, Austin, Los Angeles, Phoenix, Seattle, Atlanta, and San Antonio are among the fastest-growing cities in terms of residential construction. Factors such as sustainable community development, easy access to affordable housing, and government support for home ownership in the U.S. are likely to create favorable opportunities for silicone sealants demand in the construction industry.
Further key findings from the report suggest :
- The revenue generated from the U.S. silicone sealants in construction reached USD 184.5 million in 2016 and is expected to grow at a CAGR of 5.1% from 2017 to 2025
- Exterior emerged as the largest application segment in 2016 and is estimated to grow substantially over the forecast period.
- The U.S. silicone sealants in the industrial sector was valued at USD 70.8 million in 2016 and is anticipated to witness staggered growth over the next 8 years
- The industry in Southwest is projected to witness considerable growth over the next decade owing to the rapidly advancing construction industry in the region. The regional market is expected to grow at a CAGR of 7% from 2017 to 2025.
- Key market participants include Wacker Chemie AG, 3M Company, General Electric Company, CSL Silicones, Inc., and others
Table Of Content
- Chapter 1 Methodology and Scope
- Chapter 2 Executive Summary
- Chapter 3 U.S. Silicone Sealants in Construction Market Variables, Trends, and Scope
- Chapter 4 U.S. Silicone Sealants in Construction Market: Sector Estimates & Trend Analysis
- Chapter 5 U.S. Silicone Sealants in Construction Market: Application Estimates & Trend Analysis
- Chapter 6 U.S. Silicone Sealants in Construction Market: Regional Estimates & Trend Analysis
- Chapter 7 Competitive Landscape
- Chapter 8 Company Profiles
For More Details Visit @ Hexa Reports
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