Elastomeric Sealants Market Research Report - Global Forecast till 2025

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 2025

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



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, 2017–2025

6.2.2 Market Estimates & Forecast, by Region, 2017–2025

6.3 Polysulfide

6.3.1 Market Estimates & Forecast, 2017–2025

6.3.2 Market Estimates & Forecast, by Region, 2017–2025

6.4 Polyurethane

6.4.1 Market Estimates & Forecast, 2017–2025

6.4.2 Market Estimates & Forecast, by Region, 2017–2025

6.5 Silane Modified Polymers

6.5.1 Market Estimates & Forecast, 2017–2025

6.5.2 Market Estimates & Forecast, by Region, 2017—2025

6.6 Others

6.6.1 Market Estimates & Forecast, 2017–2025

6.6.2 Market Estimates & Forecast, by Region, 2017–2025

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

7.1 Introduction

7.2 Building & Construction

7.2.1 Market Estimates & Forecast, 2017–2025

7.2.2 Market Estimates & Forecast, by Region, 2017–2025

7.3 Automotive

7.3.1 Market Estimates & Forecast, 2017–2025

7.3.2 Market Estimates & Forecast, by Region, 2017–2025

7.4 Electrical & Electronics

7.4.1 Market Estimates & Forecast, 2017–2025

7.4.2 Market Estimates & Forecast, by Region, 2017–2025

7.5 Aerospace & Defense

7.5.1 Market Estimates & Forecast, 2017–2025

7.5.2 Market Estimates & Forecast, by Region, 2017–2025

7.6 Marine

7.6.1 Market Estimates & Forecast, 2017–2025

7.6.2 Market Estimates & Forecast, by Region, 2017–2025

7.7 Others

7.7.1 Market Estimates & Forecast, 2017–2025

7.7.2 Market Estimates & Forecast, by Region, 2017–2025

8. Global Elastomeric Sealants Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017–2025

8.2.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.2.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2017–2025

8.2.4.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2017–2025

8.2.5.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3 Europe

8.3.1 Market Estimates & Forecast, 2017–2025

8.3.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.3.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2017–2025

8.3.4.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2017–2025

8.3.5.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2017–2025

8.3.6.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2017–2025

8.3.7.2 Market Estimates & Forecast, by Product Type,2017–2025

8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2017–2025

8.3.8.2 Market Estimates & Forecast, by Product Type,2017–2025

8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2017–2025

8.3.9.2 Market Estimates & Forecast, by Product Type,2017–2025

8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2017–2025

8.3.10.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2017–2025

8.3.11.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2017–2025

8.4.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.4.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2017–2025

8.4.4.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2017–2025

8.4.5.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2017–2025

8.4.6.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2017–2025

8.4.7.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2017–2025

8.4.8.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2017–2025

8.5.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.5.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2017–2025

8.5.4.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2017–2025

8.5.5.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2017–2025

8.5.6.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2017–2025

8.5.7.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2017–2025

8.5.8.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2017–2025

8.6.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.6.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2017–2025

8.6.4.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2017–2025

8.6.5.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2017–2025

8.6.6.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2017–2025

8.6.7.2 Market Estimates & Forecast, by Product Type, 2017–2025

8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2017–2025

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, 2017–2025

Table 2 North America: Elastomeric Sealants Market, by Country, 2017–2025

Table 3 Europe: Elastomeric Sealants Market, by Country, 2017–2025

Table 4 Asia-Pacific: Elastomeric Sealants Market. by Country, 2017–2025

Table 5 Middle East & Africa: Elastomeric Sealants Market, by Country, 2017–2025

Table 6 Latin America: Elastomeric Sealants Market, by Country, 2017–2025

Table 7 Global Elastomeric Sealants Product Type Market, by Regions, 2017–2025

Table 8 North America: Elastomeric Sealants Product Type Market, by Country, 2017–2025

Table 9 Europe: Elastomeric Sealants Product Type Market, by Country, 2017–2025

Table10 Asia-Pacific: Elastomeric Sealants Product Type Market, by Country, 2017–2025

Table11 Middle East & Africa: Elastomeric Sealants Product Type Market, by Country, 2017–2025

Table12 Latin America: Elastomeric Sealants Product Type Market, by Country, 2017–2025

Table 13 Global Elastomeric Sealants End-Use Industry Market, by Regions, 2017–2025

Table14 North America: Elastomeric Sealants End-Use Industry Market, by Country, 2017–2025

Table15 Europe: Elastomeric Sealants End-Use Industry Market, by Country, 2017–2025

Table16 Asia-Pacific: Elastomeric Sealants End-Use Industry Market, by Country, 2017–2025

Table17 Middle East & Africa: Elastomeric Sealants End-Use Industry Market, by Country, 2017–2025

Table18 Latin America: Elastomeric Sealants by End-Use Industry Market, by Country, 2016 – 2025

Table19 Global Product Type Market, by Region, 2017–2025

Table20 Global End-Use Industry Market, by Region, 2017–2025

Table21 North America: Elastomeric Sealants Market, by Country, 2017–2025

Table22 North America: Elastomeric Sealants Market, by Product Type, 2017–2025

Table23 North America: Elastomeric Sealants Market, by End-Use Industry, 2017–2025

Table24 Europe: Elastomeric Sealants Market, by Country, 2017–2025

Table25 Europe: Elastomeric Sealants Market, by Product Type, 2017–2025

Table26 Europe: Elastomeric Sealants Market, by End-Use Industry, 2017–2025

Table27 Asia-Pacific: Elastomeric Sealants Market, by Country, 2017–2025

Table28 Asia-Pacific: Elastomeric Sealants Market, by Product Type, 2017–2025

Table29 Asia-Pacific: Elastomeric Sealants Market, by End-Use Industry, 2017–2025

Table30 Middle East & Africa: Elastomeric Sealants Market, by Country, 2017–2025

Table31 Middle East & Africa: Elastomeric Sealants Market, by Product Type, 2017–2025

Table32 Middle East & Africa: Elastomeric Sealants Market, by End-Use Industry, 2017–2025

Table33 Latin America: Elastomeric Sealants Market, by Country, 2017–2025

Table34 Latin America: Elastomeric Sealants Market, by Product Type, 2017–2025

Table35 Latin America: Elastomeric Sealants Market, by End-Use Industry, 2017–2025


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 2017, by Country

FIGURE 6 Global Elastomeric Sealants Market, 2017–2025,

FIGURE 7 Global Elastomeric Sealants Market Size, by Product Type, 2017

FIGURE 8 Share of the Global Elastomeric Sealants Market, by Product Type, 2017–2025

FIGURE 9 Global Elastomeric Sealants Market Size, by End-Use Industry, 2017

FIGURE10 Share of the Global Elastomeric Sealants Market, by End-Use Industry, 2017–2025