Elastomeric Sealants Market Research Report - Global Forecast till 2027

Global Elastomeric Sealants Market Research Report: Information by Type (Silicone, Polysulfide, Polyurethane, Silane Modified Polymers, and Others), End-Use Industry (Building & Construction, Automotive, Electrical & Electronics, Aerospace & Defense, Marine, and Others), Region (North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa)—Forecast till 2027

ID: MRFR/CnM/4318-HCR | February 2021 | Region: Global | 140 pages

Market Overview: The global elastomeric sealants market is expected to witness a growth of over USD 5.52 billion by 2025, with 5.92% CAGR during the forecast period. Elastomeric sealants are the bonding materials, which are used for finishing, protecting surfaces, and sealing. They expand and seal the surface and create a waterproof barrier when applied to a crack or space. Elastomeric is the capability of a material and its ability to elongate the material when stress is applied to it and return to its original shape and size when stress is removed. Elastomeric sealants pose advanced properties to control moisture and water. An elastomeric sealant is used on various surfaces, which includes steel, cladding, windows, glass, roads, bridges, stones, metal, concrete, wood, and others. Elastomeric sealants are durable and easy to handle due to its elastic texture, which dries and maintains the flexibility of the material. The high demand for elastomeric sealants for applications in glass windows, cladding, bridges, roads, and highways, among others, in the building & construction industry, is a major factor driving the growth of the global elastomeric sealants market in the review period. These sealants are widely used in construction activities, apart from its applications in building and construction. Elastomeric sealants are gaining significant traction in the automotive sector for its wide range of usage in the installation of windscreen frames, water shield sealing to protect the interior from moisture, shock vibration, corrosion, and thermal stress. Additionally, the demand for sophisticated bonding products from high-tech electronics manufacturers to protect sensitive electrical equipment such as capacitors, sensors, and ICs is expected to propel the market growth over the review period. Furthermore, the growing use of elastomeric sealants in aerospace & defense for escape slides, life rafts, fuel tank sealing, and other applications is expected to add considerable value to the market during the forecast period. According to a World Bank Study, in 2018, the organized furniture industry is expected to grow by 20% every year, and a significant part of this growth is likely to come from growing consumer markets in Asia-Pacific, which may further fuel the market growth. The shifting trend towards the renovation of houses coupled with the high disposable income is likely to propel the elastomeric sealants market growth during the forecast period. However, the threat of substitution from construction foam tapes and regulations concerning VOC emission may challenge the market growth during the forecast period. Regional Analysis: Asia-Pacific is the fastest-growing region in terms of both value and volume in the elastomeric sealants market, owing to the increasing infrastructural activities in this region, especially in India and China. Furthermore, the growing demand for automotive and electronics due to the changing lifestyle is expected to fuel market growth. Additionally, the growth of the furniture industry and woodworks in this region is anticipated to boost the market growth over the forecast period, 2019–2025. North America accounts for a considerable market share due to the leading aerospace & defense sector. The US is one of the leading military powers, and the demand from this sector for elastomeric sealants drives the market growth. The automotive sector drives the European elastomeric sealants market due to the high production, sales, and exportation of the automobile in this region. According to the European Automobile Manufacturers Association (ACEA), the European automotive export revenue stood at USD 135.4 billion in 2016. Though, Latin America is currently witnessing a moderate growth and is poised to grow substantially over the coming years owing to the upcoming infrastructural projects in the region. The Middle East & Africa is projected to showcase a considerable growth on account of the high demand from the building & construction industry in countries such as Saudi Arabia, the UAE, and others. Segmentation Analysis: The global elastomeric sealants market has been segmented based on type, end-use industry, and region. Based on type, the global elastomeric sealants market has been categorized as silicone, polysulfide, polyurethane, silane-modified polymers, and others. By end-use industry, the global elastomeric sealants market has been divided into building & construction, automotive, electrical & electronics, aerospace & defense, marine, and others. The global elastomeric sealants market, by region, has been segregated into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Key players: Some of the key players operating in the global elastomeric sealants market are 3M (US), The Dow Chemical Company (US), Henkel AG & Co. KGaA (Germany), Arkema (France), Sika AG (Switzerland), H.B. Fuller Company (US), RPM International Inc. (US), PPG Industries, Inc. (US), VCM Polyurethanes Pvt. Ltd (India), Wacker Chemie AG (Germany), Mapei SpA (Italy), and KCC CORPORATION (South Korea). Target Audience:


  • Elastomeric sealants manufacturers

  • Traders and distributors of elastomeric sealants

  • Research and development institute

  • Potential investors

  • Raw material suppliers

  • National laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2025: USD 5.52 Billion
  • 2027: Significant value
  •   CAGR   5.92%(2019–2025)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Type, End-Use Industry and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   3M (US), The Dow Chemical Company (US), Henkel AG & Co. KGaA (Germany), Arkema (France), Sika AG (Switzerland), H.B. Fuller Company (US), RPM International Inc. (US), PPG Industries, Inc. (US), VCM Polyurethanes Pvt. Ltd (India), Wacker Chemie AG (Germany), Mapei SpA (Italy), and KCC CORPORATION (South Korea).
      Key Market Opportunities   The demand for sophisticated bonding products from high-tech electronics manufacturers to protect sensitive electrical equipment
      Key Market Drivers   The high demand for elastomeric sealants for applications


    Frequently Asked Questions (FAQ) :


    The global elastomeric sealants market is expected to reach a valuation of USD 5.52 billion by 2025.

    The global elastomeric sealants market is expected to exhibit a strong 5.92% CAGR over the forecast period.

    The leading end users of elastomeric sealants are the construction industry and automotive industry.

    The long lasting sealing effect provided by elastomeric sealants has driven their demand in the automotive and construction industries.

    Regulations concerning VOC emissions and the threat of substitution by construction foam tapes are the major restraints on the global elastomeric sealants market.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Market Introduction

    2.1 Market Definition

    2.2 Scope of the Study

    2.3 List of Assumptions

    2.4 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Market Size Estimation

    3.5 Forecast Model

    4 Market Dynamics of the Global Elastomeric Sealants Market

    4.1 Introduction

    4.2 Drivers

    4.3 Restraints

    4.4 Opportunities

    4.5 Challenges

    4.6 Trends/Technology

    5 Market Factor Analysis of the Global Elastomeric Sealants Market

    5.1 Supply Chain Analysis

    5.1.1 Raw Material Suppliers

    5.1.2 Manufacturers/Producers

    5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

    5.1.4 End-Use Industry

    5.2 Porter’s Five Forces Analysis

    5.2.1 Threat of New Entrants

    5.2.2 Bargaining Power of Buyers

    5.2.3 Bargaining Power of Suppliers

    5.2.4 Threat of Substitutes

    5.2.5 Intensity of Competitive Rivalry

    5.3 Pricing Analysis

    6. Global Elastomeric Sealants Market, by Product Type

    6.1 Introduction

    6.2 Silicone

    6.2.1 Market Estimates & Forecast, 2020–2027

    6.2.2 Market Estimates & Forecast, by Region, 2020–2027

    6.3 Polysulfide

    6.3.1 Market Estimates & Forecast, 2020–2027

    6.3.2 Market Estimates & Forecast, by Region, 2020–2027

    6.4 Polyurethane

    6.4.1 Market Estimates & Forecast, 2020–2027

    6.4.2 Market Estimates & Forecast, by Region, 2020–2027

    6.5 Silane Modified Polymers

    6.5.1 Market Estimates & Forecast, 2020–2027

    6.5.2 Market Estimates & Forecast, by Region, 2020—2027

    6.6 Others

    6.6.1 Market Estimates & Forecast, 2020–2027

    6.6.2 Market Estimates & Forecast, by Region, 2020–2027

    7. Global Elastomeric Sealants Market, by End-Use Industry

    7.1 Introduction

    7.2 Building & Construction

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast, by Region, 2020–2027

    7.3 Automotive

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    7.4 Electrical & Electronics

    7.4.1 Market Estimates & Forecast, 2020–2027

    7.4.2 Market Estimates & Forecast, by Region, 2020–2027

    7.5 Aerospace & Defense

    7.5.1 Market Estimates & Forecast, 2020–2027

    7.5.2 Market Estimates & Forecast, by Region, 2020–2027

    7.6 Marine

    7.6.1 Market Estimates & Forecast, 2020–2027

    7.6.2 Market Estimates & Forecast, by Region, 2020–2027

    7.7 Others

    7.7.1 Market Estimates & Forecast, 2020–2027

    7.7.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Global Elastomeric Sealants Market, by Region

    8.1 Introduction

    8.2 North America

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.2.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.2.4 US

    8.2.4.1 Market Estimates & Forecast, 2020–2027

    8.2.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.2.5 Canada

    8.2.5.1 Market Estimates & Forecast, 2020–2027

    8.2.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3 Europe

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.4 Germany

    8.3.4.1 Market Estimates & Forecast, 2020–2027

    8.3.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.5 France

    8.3.5.1 Market Estimates & Forecast, 2020–2027

    8.3.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.6 Italy

    8.3.6.1 Market Estimates & Forecast, 2020–2027

    8.3.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.7 Spain

    8.3.7.1 Market Estimates & Forecast, 2020–2027

    8.3.7.2 Market Estimates & Forecast, by Product Type,2020–2027

    8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.8 UK

    8.3.8.1 Market Estimates & Forecast, 2020–2027

    8.3.8.2 Market Estimates & Forecast, by Product Type,2020–2027

    8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.9 Russia

    8.3.9.1 Market Estimates & Forecast, 2020–2027

    8.3.9.2 Market Estimates & Forecast, by Product Type,2020–2027

    8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.10 Poland

    8.3.10.1 Market Estimates & Forecast, 2020–2027

    8.3.10.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.3.11 Rest of Europe

    8.3.11.1 Market Estimates & Forecast, 2020–2027

    8.3.11.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.4 Asia-Pacific

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.4.4 China

    8.4.4.1 Market Estimates & Forecast, 2020–2027

    8.4.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.4.5 India

    8.4.5.1 Market Estimates & Forecast, 2020–2027

    8.4.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.4.6 Japan

    8.4.6.1 Market Estimates & Forecast, 2020–2027

    8.4.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.4.7 Australia & New Zealand

    8.4.7.1 Market Estimates & Forecast, 2020–2027

    8.4.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.4.8 Rest of Asia-Pacific

    8.4.8.1 Market Estimates & Forecast, 2020–2027

    8.4.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.5 Middle East & Africa

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.5.4 GCC

    8.5.4.1 Market Estimates & Forecast, 2020–2027

    8.5.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.5.5 Israel

    8.5.5.1 Market Estimates & Forecast, 2020–2027

    8.5.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.5.6 North Africa

    8.5.6.1 Market Estimates & Forecast, 2020–2027

    8.5.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.5.7 Turkey

    8.5.7.1 Market Estimates & Forecast, 2020–2027

    8.5.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.5.8 Rest of Middle East & Africa

    8.5.8.1 Market Estimates & Forecast, 2020–2027

    8.5.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.6 Latin America

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.6.4 Brazil

    8.6.4.1 Market Estimates & Forecast, 2020–2027

    8.6.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.6.5 Argentina

    8.6.5.1 Market Estimates & Forecast, 2020–2027

    8.6.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.6.6 Mexico

    8.6.6.1 Market Estimates & Forecast, 2020–2027

    8.6.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    8.6.7 Rest of Latin America

    8.6.7.1 Market Estimates & Forecast, 2020–2027

    8.6.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

    8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

    9. Company Landscape

    9.1 Introduction

    9.2 Market Key Strategies

    9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

    10. Company Profiles

    10.1 3M

    10.1.1 Company Overview

    10.1.2 Financial Updates

    10.1.3 Product/Business Segment Overview

    10.1.4 Key Strategies

    10.1.5 Key Developments

    10.1.6 SWOT Analysis

    10.2 DowDuPont Inc.

    10.2.1 Company Overview

    10.2.2 Financial Updates

    10.2.3 Product/Business Segment Overview

    10.2.4 Key Strategies

    10.2.5 Key Developments

    10.2.6 SWOT Analysis

    10.3 Henkel AG & Co. KGaA

    10.3.1 Company Overview

    10.3.2 Financial Updates

    10.3.3 Product/Business Segment Overview

    10.3.4 Key Strategies

    10.3.5 Key Developments

    10.3.6 SWOT Analysis

    10.4 Arkema SA

    10.4.1 Company Overview

    10.4.2 Financial Updates

    10.4.3 Product/Business Segment Overview

    10.4.4 Key Strategies

    10.4.5 Key Developments

    10.4.6 SWOT Analysis

    10.5 Sika AG

    10.5.1 Company Overview

    10.5.2 Financial Updates

    10.5.3 Product/Business Segment Overview

    10.5.4 Key Strategies

    10.5.5 Key Developments

    10.5.6 SWOT Analysis

    10.6 H.B. Fuller Company

    10.6.1 Company Overview

    10.6.2 Financial Updates

    10.6.3 Product/Business Segment Overview

    10.6.4 Key Strategies

    10.6.5 Key Developments

    10.6.6 SWOT Analysis

    10.7 RPM International Inc.

    10.7.1 Company Overview

    10.7.2 Financial Updates

    10.7.3 Product/Business Segment Overview

    10.7.4 Key Strategies

    10.7.5 Key Developments

    10.7.6 SWOT Analysis

    10.8 PPG Industries, Inc.

    10.8.1 Company Overview

    10.8.2 Financial Updates

    10.8.3 Product/Business Segment Overview

    10.8.4 Key Strategies

    10.8.5 Key Developments

    10.8.6 SWOT Analysis

    10.9 VCM Polyurethanes Pvt. Ltd.

    10.9.1 Company Overview

    10.9.2 Financial Updates

    10.9.3 Product/Business Segment Overview

    10.9.4 Key Strategies

    10.9.5 Key Developments

    10.9.6 SWOT Analysis

    10.10 Wacker Chemie AG

    10.10.1 Company Overview

    10.10.2 Financial Updates

    10.10.3 Product/Business Segment Overview

    10.10.4 Key Strategies

    10.10.5 Key Developments

    10.10.6 SWOT Analysis

    10.11 Mapei SpA

    10.11.1 Company Overview

    10.11.2 Financial Updates

    10.11.3 Product/Business Segment Overview

    10.11.4 Key Strategies

    10.11.5 Key Developments

    10.11.6 SWOT Analysis

    10.12 KCC CORPORATION

    10.12.1 Company Overview

    10.12.2 Financial Updates

    10.12.3 Product/Business Segment Overview

    10.12.4 Key Strategies

    10.12.5 Key Developments

    10.12.6 SWOT Analysis

    11. Conclusion

    LIST OF TABLES

    Table 1 Global Elastomeric Sealants Market: by Region, 2020–2027

    Table 2 North America: Elastomeric Sealants Market, by Country, 2020–2027

    Table 3 Europe: Elastomeric Sealants Market, by Country, 2020–2027

    Table 4 Asia-Pacific: Elastomeric Sealants Market. by Country, 2020–2027

    Table 5 Middle East & Africa: Elastomeric Sealants Market, by Country, 2020–2027

    Table 6 Latin America: Elastomeric Sealants Market, by Country, 2020–2027

    Table 7 Global Elastomeric Sealants Product Type Market, by Regions, 2020–2027

    Table 8 North America: Elastomeric Sealants Product Type Market, by Country, 2020–2027

    Table 9 Europe: Elastomeric Sealants Product Type Market, by Country, 2020–2027

    Table10 Asia-Pacific: Elastomeric Sealants Product Type Market, by Country, 2020–2027

    Table11 Middle East & Africa: Elastomeric Sealants Product Type Market, by Country, 2020–2027

    Table12 Latin America: Elastomeric Sealants Product Type Market, by Country, 2020–2027

    Table 13 Global Elastomeric Sealants End-Use Industry Market, by Regions, 2020–2027

    Table14 North America: Elastomeric Sealants End-Use Industry Market, by Country, 2020–2027

    Table15 Europe: Elastomeric Sealants End-Use Industry Market, by Country, 2020–2027

    Table16 Asia-Pacific: Elastomeric Sealants End-Use Industry Market, by Country, 2020–2027

    Table17 Middle East & Africa: Elastomeric Sealants End-Use Industry Market, by Country, 2020–2027

    Table18 Latin America: Elastomeric Sealants by End-Use Industry Market, by Country, 2020 – 2027

    Table19 Global Product Type Market, by Region, 2020–2027

    Table20 Global End-Use Industry Market, by Region, 2020–2027

    Table21 North America: Elastomeric Sealants Market, by Country, 2020–2027

    Table22 North America: Elastomeric Sealants Market, by Product Type, 2020–2027

    Table23 North America: Elastomeric Sealants Market, by End-Use Industry, 2020–2027

    Table24 Europe: Elastomeric Sealants Market, by Country, 2020–2027

    Table25 Europe: Elastomeric Sealants Market, by Product Type, 2020–2027

    Table26 Europe: Elastomeric Sealants Market, by End-Use Industry, 2020–2027

    Table27 Asia-Pacific: Elastomeric Sealants Market, by Country, 2020–2027

    Table28 Asia-Pacific: Elastomeric Sealants Market, by Product Type, 2020–2027

    Table29 Asia-Pacific: Elastomeric Sealants Market, by End-Use Industry, 2020–2027

    Table30 Middle East & Africa: Elastomeric Sealants Market, by Country, 2020–2027

    Table31 Middle East & Africa: Elastomeric Sealants Market, by Product Type, 2020–2027

    Table32 Middle East & Africa: Elastomeric Sealants Market, by End-Use Industry, 2020–2027

    Table33 Latin America: Elastomeric Sealants Market, by Country, 2020–2027

    Table34 Latin America: Elastomeric Sealants Market, by Product Type, 2020–2027

    Table35 Latin America: Elastomeric Sealants Market, by End-Use Industry, 2020–2027

    LIST OF FIGURES

    FIGURE 1 Global Elastomeric Sealants Market Segmentation

    FIGURE 2 Forecast Research Methodology

    FIGURE 3 Five Forces Analysis of the Global Elastomeric Sealants Market

    FIGURE 4 Value Chain of the Global Elastomeric Sealants Market

    FIGURE 5 Share of the Global Elastomeric Sealants Market in 2020, by Country

    FIGURE 6 Global Elastomeric Sealants Market, 2020–2027,

    FIGURE 7 Global Elastomeric Sealants Market Size, by Product Type, 2020

    FIGURE 8 Share of the Global Elastomeric Sealants Market, by Product Type, 2020–2027

    FIGURE 9 Global Elastomeric Sealants Market Size, by End-Use Industry, 2020

    FIGURE10 Share of the Global Elastomeric Sealants Market, by End-Use Industry, 2020–2027