Global RTV silicone market forecast at $1.6 billion by 2028

Surrey, BC – 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.

RTV silicones are also used in 3D printing and can be used in several craft projects such as creating sculptures, models, and stencils. It is non-toxic and odorless. It has superior properties as compared to other craft adhesives such as other adhesives are water-based and shrink after drying whereas RTV silicone retains its shape and translucency even after drying. It’s remarkable properties such as temperature and water resistance and enhanced flexibility has boosted its adoption in other industries for sealing of water tanks and fuel systems. RTV silicone can absorb vibrations, and this has increased its application in damaged parts of car engines to develop a seal. RTV silicone is also used in areas such as door frames, around windshields, and roof seams vinyl tops in the automotive sector. It is also used as sealant, particularly in construction of kitchens and bathrooms.