Japan Silicone Sealants Market Size & Outlook, 2024-2030
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Japan silicone sealants market highlights
- The Japan silicone sealants market generated a revenue of USD 228.7 million in 2023 and is expected to reach USD 342.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, room temperature vulcanizing (rtv) was the largest revenue generating technology in 2023.
- Thermoset or heat cured is the most lucrative technology segment registering the fastest growth during the forecast period.
Silicone sealants market data book summary
| Market revenue in 2023 | USD 228.7 million |
| Market revenue in 2030 | USD 342.0 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | Room temperature vulcanizing (rtv) |
| Fastest growing segment | Thermoset or heat cured |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Room temperature vulcanizing (RTV), Thermoset or heat cured, Radiation cured, Pressure sensitive |
| Key market players worldwide | Dow Inc, Shin-Etsu Chemical Co Ltd, Wacker Chemie AG, 3M Co, Tremco, Inc., Bostik, Sika AG, Henkel AG & Co KGaA, Huntsman Corp, H.B. Fuller Co, Mapei |
Other key industry trends
- In terms of revenue, Japan accounted for 5.7% of the global silicone sealants market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China silicone sealants market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 255.1 million by 2030.
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Silicone Sealants Market Scope
Silicone Sealants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tremco, Inc. | View profile | 1001-5000 | Beachwood, Ohio, United States, North America | http://www.tremcoroofing.com/ |
| Bostik | View profile | 5001-10000 | Paris, Ile-de-France, France, Europe | http://www.bostik.com |
| Mapei | View profile | 10001+ | Milan, Lombardia, Italy, Europe | https://www.mapei.com/ca/ |
| H.B. Fuller Co | View profile | 7200 | 1200 Willow Lake Boulevard, Saint Paul, MN, United States, 55110-5101 | https://www.hbfuller.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Wacker Chemie AG | View profile | 16378 | Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 | https://www.wacker.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Japan silicone sealants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicone sealants market will help companies and investors design strategic landscapes.
Room temperature vulcanizing (rtv) was the largest segment with a revenue share of 67.82% in 2023. Horizon Databook has segmented the Japan silicone sealants market based on room temperature vulcanizing (rtv), thermoset or heat cured, radiation cured, pressure sensitive covering the revenue growth of each sub-segment from 2018 to 2030.
Japan has rapidly recovered from natural & man-made disasters in the recent years leading to high demand for renovation and refurbishment of existing buildings along with new projects in the country.
The Japanese automotive industry is one of the most innovative and advanced industries globally and registered increasing passenger car and vehicle sales in the recent years.
Silicone sealants are likely to be utilized in these industries over the forecast period in the country on account of their structural integrity, unmatched service temperate range, and low shrinkage.
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Our clientele includes a mix of silicone sealants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan silicone sealants market , including forecasts for subscribers. This country databook contains high-level insights into Japan silicone sealants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan silicone sealants market size, by applications, 2018-2030 (US$M)
Japan Silicone Sealants Market Outlook Share, 2023 & 2030 (US$M)
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