Market News
Key Developments
Various key players in the market are focused on developing organic and inorganic growth strategies such as mergers and acquisition and new product launch in order to enhance their global presence.
- For instance, in October 2019, Momentive Performance Materials Inc., one of the leading player in advanced materials and silicones, launched GE-branded siliconized acrylic latex caulks and sealants line which includes nine products that offers protection to paint projects in different colors and sizes.
- In March 2017, Selena Group, distributor and producer of construction chemicals acquired 64% stake in Uniflex S.p.A., an Italian company specializing in the production of acrylic sealants. Through this acquisition, Selena group strengthen its foothold in Western Europe.
- In August 2015, an epoxy sealing brand from Pidilite Industries, M-seal launched M-seal Gap Fill White Acrylic Sealant, for filling indoor cracks. It is formulated with single component water based resin solution, ready-to-use solution. Also, it can be easily removed when required.