India Silicone Sealants for Facades Market Size and Forecast, Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type

The India silicone sealants for facades market size is projected to reach US$ 102.06 million by 2031 from US$ 51.88 million in 2023; the market is expected to register a CAGR of 8.8% during 2023-2031.

Silicone sealants are an important material in the building and construction industry, offering numerous advantages for sealing and bonding applications. Various advantages of silicone sealants are excellent weather resistance, superior flexibility, exceptional adhesion to various substrates, good resistance to moisture and chemicals, and others. Silicone sealants have excellent adhesion to a wide range of substrates, including glass, metal, concrete, wood, and plastics. This versatility allows silicone sealants to be used in sealing joints, bonding materials, and adhering components.

Based on the type, the India silicone sealants for facades market is segmented into 1 component weather silicone, 2 component structural silicone, and spacer tapes. The 1 component weather silicone segment accounted for the largest India silicone sealants for facades market share in 2023. Increasing demand in the construction industry and advancement in product formulations positively impact the demand for 1 component weather silicone sealants. These sealants are used in sealing windows, joints, doors, and roofs. The rising focus on sustainability and energy efficiency in construction applications also fuels the need for 1 component weather silicone sealants in India.

Further, 2 component structural silicone is also one of the major segments in the market. 2 component structural silicone sealants offer robust performance in structural glazing, curtain wall assemblies, and insulating glass units, where strong and durable bonds are required. These sealants are used in curtain wall applications to create a weatherproof barrier that can withstand movement caused by thermal expansion and wind load.

These silicone sealants have fast curing times and the ability to bond over a wide range of materials such as metal, glass, and plastics. There is a growing trend of construction of energy-efficient buildings, which incorporate advanced architectural designs featuring extensive use of glass and metal panels. This fuels the demand for 2 component structural silicone in India.

A few of the key players in the India silicone sealants for facades market include Shin-Etsu Chemical Co Ltd, Dow Inc, Momentive Performance Materials Inc, Tremco CPG Inc, Sika AG, HB Fuller Co, Arkema SA, Elkem ASA, Mapei SpA, and Alstone Industries Pvt Ltd. The market players offer innovative products at affordable prices that attract a large number of consumers, which is likely to open new opportunities for them in the coming years. The India silicone sealants for facades market forecast can help stakeholders plan their growth strategies. In December 2021, Sika opened a new technology center and manufacturing plant for high-quality adhesives and sealants in Pune, India.

Developments at the new research laboratories and the production in the new plant are aimed at meeting the rapidly growing demand in the Indian market. On its three new production lines, Sika will manufacture products for the transportation, construction, and renewable energy sectors. Further, in May 2024, Dow Chemical International Private Limited (Dow India) and Glass Wall Systems India signed an agreement for Dow to supply DOWSIL Facade Sealants from Dow's Decarbia portfolio of reduced-carbon solutions for Glass Wall System's curtain wall system.

The overall India silicone sealants for facades market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the India silicone sealants for facades market.