RTV Silicone: Discover How this Tech Impacts Several Industry Verticals and Players Globally!
Adhesive and sealants have a wide-ranging array of applications, from office “post-it-notes” to automotive safety glass, to aerospace structures and even “no-lick” postage stamps. Adhesive bonding and sealants are an integral part of daily usage products. Over the years, evolution in the adhesive and sealants is coupled with the development of advance materials and processes. Further, some of the commonly used sealants are urethanes, silicones, and acrylics. Silicone sealants are widely used in construction, aerospace, automotive, and electrical & electronics industry due to its wide array of properties such as temperature stability, inertness to chemicals, and resistance to moisture and weathering.
Silicone elastomers are primarily silicone-based polymers which have been vulcanized. Silicone elastomers are available in a variety of forms, such as solids, open foams, closed-cell sponges. These represent a unique combination of organic and inorganic chemistries to give some of the most stable organic materials exhibiting excellent chemical structure. The increasing applications of silicone elastomers have replaced organic adhesive materials such as acrylic, epoxy, and pressure adhesive. The demand for silicone elastomers has grown steadily over the past few decades as silicone was used as a viable replacement for other organic materials in the market. Further, additional cure materials are increasingly being used in medical, food, and water applications. Silicone elastomers are bio-inert in nature, due to which, they are extensively used in medical applications such as biocompatible adhesives, shunts, stent delivery systems, and aesthetic implants.
RTV is a type of silicone elastomer which is made from one-part (RTV-1) or two-component (RTV-2) systems, where their hardness range from being very soft to that of the medium. These are used for potting, encapsulations, and sealants, among others.
RTV silicone is ideal for numerous bonding and sealing operations. RTV silicone fulfils a wide range of properties; for instance, the dielectric property of RTV silicone is well-suited for high-performance electrical insulation without the accumulation of heat. RTV silicone offers the advantage of an exceptional degree of flexibility without creating stress on electronic components. Resistance properties also include the ability to withstand long periods of exposure to severe atmospheric conditions. RTV silicone is ideal for molding, printing and prototyping applications, textile coating, 3D or additive printing, cockpit instruments, and potting of engine electronics and gasketing.
One of the major driving factors for the global RTV silicone market is the growing construction industry. The rising demand for electric vehicles, growing electronic components in automotive, increase in disposable income in developing countries, and surging demand of medical devices are some of the prominent factors promoting the growth of RTV silicone in the industry. Moreover, the automotive sector is another prominent application for RTV silicone. The overall demand for RTV silicone in the automotive and construction sectors is mainly growing due to the unique properties of RTV silicone, such as high temperature and chemical resistance.
The growth of the RTV silicone market is also attributed by the automotive sector. With the advent of technological advancements in the automotive industry, passenger vehicles and commercial vehicles segments are undergoing a massive transformation. There is a visible shift from manual operation to digital operation at present, which is further supported by the growing electronic component per vehicle. Furthermore, RTV silicone coatings are also applied to porcelain and glass insulators to provide water repellency. RTV coating on the insulators is one of the most efficient ways to provide a longer shelf life and minimize the effect of pollution on insulators. Thus, the rising demand for effective solutions for the transmission industry is propelling the demand for RTV silicone.
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Some of the key players in the global RTV silicone market are Elkem ASA, The Dow Chemical Company, Shin-Etsu Chemical Co., Ltd, Sika AG, KCC CORPORATION, and Henkel AG & Co. KGaA. Owing to the rise in the applications of RTV silicone among various manufacturers, the market of RTV silicone is expected to increase at a progressive rate in the coming years.
Leading players across the globe, in the RTV silicone market, have adopted mergers and acquisitions and business expansions as their key strategies to make a mark in the global market. On the basis of region, China, the U.S., and Japan are currently witnessing huge growth in the automotive sector due to the increased demand for automotives and OEMs. Thus, rapidly evolving construction and automotive industries are propagating the growth of RTV silicone.
