A report from EmergenResearch of the global RTV silicon market size shows the market is expected to reach USD 1.61 Billion in 2028 at a CAGR of 4.0% during the forecast period. Growing demand for electric vehicles, innovation and advancements in electronic components, and increasing demand for medical devices are key factors boosting revenue growth of market. RTV silicone, also known as room-temperature-vulcanizing silicone, has physical properties such as high resistance to water, temperature, and chemicals. These remarkable physical properties of RTV silicone have boosted its demand and application in various end-use industries over the recent years. It is also widely used in molding and production casting of resins, plaster, and low melt metal alloys such as zinc, pewter, and tin, among others
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