Wacker’s Silicones business segment manufactures silicone sealants, along with elastomers, emulsions, resins, and many other products. With 6,019 employees as of December 31, 2022, the segment’s total sales reached nearly €3.45 billion (approximately $3.7 billion). This represents a 32.8% increase over 2021, which the company attributed to “significantly higher selling prices as well as product-mix and exchange-rate effects.” Regionally, sales grew in the Americas, Asia, and Europe. (The company declined to provide specific adhesives/sealants-related sales and other information.)
“Our product portfolio puts us in an excellent strategic position to support the rapidly growing business of electromobility in its entirety,” said Julia Henn, director of global segment management for WACKER’s Industrial Solutions unit and head of the Group’s E-Mobility focus project. According to the company’s annual report, WACKER is one of the world’s leading actors in the areas of potting compounds and silicone-based thermal interface materials.