The Global Silicone Sealants Market is projected to register a CAGR of 6.47%. Key Highlights. Largest Segment by End User Industry - Building and Construction : Building and construction is the dominant end-user industry for the global silicone sealants market owing to its wide range of structural applications, including joint sealing, windows, doors, and façade.

New York, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Silicone Sealants Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028" - https://www.reportlinker.com/p06381338/?utm_source=GNW Fastest-growing Segment by End User Industry - Building and Construction : Building and construction is expected to be the fastest-growing segment in the market due to the increasing number of residential and commercial complexes in developing economies. Largest Segment by Region - Asia-Pacific : Asia-Pacific, driven mainly by India, China, South Korea, and Japan, is a major silicone sealant consumer owing to the usage of sealants in various end-user industries, including construction, medical, automotive, and aerospace. Fastest-growing Segment by Region - Asia-Pacific : Due to the increasing population and rapid urbanization in countries such as China, India, South Korea, and Japan, the Asia-Pacific region is projected to be the fastest-growing region in the market during the forecast period. Key Market Trends Building and Construction is the largest segment by End User Industry. Silicone sealants are the most used type because of their unique properties, such as curing between temperatures of 40 degrees F to 140 degrees F, with drying only, good adhesion to porous surfaces, etc. Silicone sealants are widely used in the construction industry because of their applications, such as waterproofing, weather sealing, and crack sealing. The global construction industry is expected to grow at 3.5% per annum up to 2030. China, India, the United States, and Indonesia are expected to account for about 58% of global construction. Silicone sealants are widely used in the automotive industry because they apply to glass, metal, plastic, and painted surfaces. Their features are helpful in the automotive industry, such as extreme weather resistance, durability, and long-lasting. They are used in engines and car gaskets. The electric vehicles segment of the automotive industry is expected to record a 17.75% CAGR during the forecast period because of the increase in demand for the same in growing economies. This is expected to boost demand for automotive silicone sealants in the forecast period. Silicone sealants are widely used in electronics and electrical equipment manufacturing. They are used for sealing sensors and cables. The electronics and household appliances industries are expected to grow at a CAGR of 2.51% and 5.77%, respectively, globally, which may drive the demand for silicone sealants during the forecast period. Silicone resin-based sealants are used in the healthcare industry for assembling and sealing medical device parts. The increase in healthcare investments worldwide is expected to lead to a rise in demand during the forecast period. Asia-Pacific is the largest segment by Region. Silicone sealants are consumed across the globe due to their strong sealing properties. These sealants are used in more than ten industries, including building and construction, automotive, and electronics. Silicone sealants are consumed mainly in the building and construction industry. The new floor area, including residential and non-residential buildings, was expected to reach 41.7 billion square footage in 2022, 6.15% more than in 2021. As a result, the consumption of silicone sealants witnessed a growth of 8.33% in 2022 compared to 2021. The demand for silicone sealants fell by 9.09% in 2020 compared to 2019 due to the COVID-19 pandemic’s impact on many countries worldwide, including the United States, Germany, China, and Saudi Arabia. Production facilities were shut down during the period owing to lockdowns in many countries, which resulted in an irregular supply of raw materials for production. Asia-Pacific accounts for the highest silicone sealants consumption due to the rising building and construction and automotive industries. About 45% of the total construction investment in the world was set to come from this region in 2022. China is the world’s largest construction industry, and it is expected to record a CAGR of 8.6% during the period 2022-2030. In Japan, the number of housing construction starts in 2021 were 856.48 thousand units, 4.8% more than in 2020. Such growth in the Asia-Pacific construction industry is expected to drive demand for silicone sealants over the forecast period. Silicone sealants are also widely consumed in Europe. Automotive production is expected to reach 19.2 million units by 2027 from 16.3 million units in 2021. These developments are expected to boost the demand for silicone sealants over the forecast period. Competitive Landscape The Global Silicone Sealants Market is fragmented, with the top five companies occupying 34.65%. The major players in this market are Chengdu Guibao Science and Technology Co., Ltd., Dow, Henkel AG & Co. KGaA, Sika AG and Soudal Holding N.V. (sorted alphabetically). Additional Benefits: The market estimate (ME) sheet in Excel format 3 months of analyst support Read the full report: https://www.reportlinker.com/p06381338/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

A new study looked at the prices at several fast-casual and fast-food chains, and at how diners feel about the value offered relative to cost.

Tesla adding to the big gains it notched earlier this week, thanks to a big call from Barclays. On the heels of the White House announcing a deal with Tesla to open up thousands of its superchargers for non-Tesla owners, and likely open up new revenue streams, Barclays analyst Dan Levy is out with a short note launching coverage of the autos sector, with the aforementioned Tesla in the driver’s seat.

(Bloomberg) -- A China-based former employee of ASML Holding NV — a critical cog in the global semiconductor industry — stole data from a software system that the corporation uses to store technical information about its machinery.Most Read from BloombergChina Warns of Retaliation Against US Over Balloon SagaUS Says 3 Mystery Objects Likely Private, With No China LinkASML Stolen Data Came From Technical Repository for Chip MachinesAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich M

Now is not a good time to be working in Britain’s car industry. Nobody said the shift to electric vehicles was going to be smooth, but the true scale of the disruption is only just starting to be understood.

Ford stopped production of the electric F-150 Lightning and is not sending new vehicles to dealers as the carmaker wrestles with a battery issue.

Goldman initiated coverage of security software company Palo Alto Networks on Tuesday with a $205 price target. In this daily bar chart of PANW, below, I can see that prices made a "V" bottom in January. PANW has rallied above the 50-day and 200-day moving average lines.

(Bloomberg) -- Johnson & Johnson can no longer use bankruptcy to block a trial in California over claims its baby powder caused the deadly cancer of a 24-year-old man, a federal judge ruled Tuesday.Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsGunman Kills Three at Michigan State; Suspect Found DeadAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaUS Inflation Stays

Salesforce, Inc (NYSE: CRM) weighed new ways to cut costs as activist investors pressured the company. Salesforce implemented much stricter performance measurements for engineering. It pressurized salespeople to quit or succumb to the harsh performance policies, TechCrunch reports. Salesforce's policies could include performance reviews based on the quantity of code produced for engineers, a flawed way to measure engineering productivity, which encourages quantity over quality. Salesforce asked

(Bloomberg) -- ASML Holding NV, a critical cog in the global semiconductor industry, accused a former China-based employee of stealing confidential information. It’s the second such breach linked to China in less than a year and threatens to fan political tensions. Most Read from BloombergChina Warns of Retaliation Against US Over Balloon SagaUS Says 3 Mystery Objects Likely Private, With No China LinkASML Stolen Data Came From Technical Repository for Chip MachinesAmerica's Priciest Neighborhoo

(Bloomberg) -- A key pipeline supplying natural gas to California is returning to service, signaling some price relief after an 18-month interruption that helped propel a surge in heating and power costs in the state. Most Read from BloombergNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsGunman Kills Three at Michigan State; Suspect Found DeadUS Says 3 Mystery Objects Likely Private, With No China LinkAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to Florid

The CEO of Tesla and the co-founder of Apple believe that market research can do little to help disrupt an industry.

The loss of profits in Google’s search engine business may force it to cut investments in cloud computing, a high-growth market in which it competes with Microsoft’s Azure.

Coca-Cola shares more on its plans to attack the booze industry.

The release of January economic data on Wednesday revealing increased retail sales after two straight months of declines, and a jump in manufacturing output, push the likelihood of recession further down the road but interest rates will continue to rise. Retail sales rose 3% last month, fueled chiefly by higher volume though higher prices were a contributing factor. Coupled with the strong jobs report, that reduces concerns that recession is imminent, according to Gus Faucher, chief economist at Pittsburgh-based PNC Financial Services Group Inc. (NYSE:PNC).

To be fair, it's more of a nonservice issue that has the cable and internet company's customers (and maybe the FCC) angry.

Apple Inc (NASDAQ: AAPL) hit stumbling blocks to unwind its dependence on a China-centered supply chain strategy, following months of Covid-19 disruption that led to it reporting its first decline in quarterly revenues in three and a half years earlier this month. The iPhone maker sent product designers and engineers from California and China to factories in southern India, to train locals and help establish production, Financial Times reports. At a casings factory in Hosur run by Tata Group, ju

(Bloomberg) -- Oil fell in a volatile session that was buffeted by a wave of supply and demand data and a sharply stronger dollar. Most Read from BloombergChina Warns of Retaliation Against US Over Balloon SagaUS Says 3 Mystery Objects Likely Private, With No China LinkASML Stolen Data Came From Technical Repository for Chip MachinesAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaUkraine to Receive Fewer Battle Tanks From Allies Than PromisedWest Texas Intermediate

Kraft Heinz said on Wednesday it would hit pause on further price hikes for its quick-fix meals and condiments, as consumers turn increasingly sensitive to persistently high inflation. The packaged food giant also forecast 2023 profit below Wall Street estimates, weighed down by more promotions and higher costs of commodities including dairy, soybean, oils and packaging materials. Kraft's move mirrors PepsiCo Inc that last week said it would not raise prices any further, expecting some consumer pushback in the second half of the year.

The Detroit-area factory where the Lightning is built has been idle since the start of last week, a company spokeswoman said. The auto maker said it would delay shipping trucks to dealers while it examines the problem.

Instead of placing bets on which companies will rise to the top in artificial-intelligence-powered search, perhaps investors should look below the surface.