Sealants Market Report Expects the Market Report 2019 Foresees the Market to grow by 4% during 2020 - 2026

Posted On December 04, 2020     

The Global Sealants Market is anticipated to grow at a compound annual growth rate ( CAGR ) of 4 % during 2020-2026 as per the research conducted by Value Market Research. A sealant, a viscous material with little or no flow characteristics, is used to fill gaps between substrates. Sealants occupying an integral part of the present-day constructions are the key drivers for this market's growth. The increased use of sealants across various industries like automotive, construction, packaging, furniture, footwear, marine, aerospace, and pressure-sensitive applications will further propel this market's growth. Sealants in newer applications such as ductwork, anchoring application, and structural glazing will be a market booster in the construction industry. Stringent government regulations and the volatility of raw materials' prices are the main factors hampering this market's development.

Sealants are materials used to prevent or control the passage of fluids, gases, sound, or dust through the surface or joints or openings in materials. Sealants do not possess great strength but convey several properties in the construction industry. They are commonly used to seal top structures to the substrate and are particularly useful in waterproofing processes. They can provide thermal and acoustic insulation and may serve as fire barriers. Some sealants have electrical or adhesive qualities and can be used for simple smoothing or filling. Sealants are often used to perform several of these functions at once. Different types of sealants may be weak, strong, flexible, rigid, permanent, or temporary.

"Global Sealants Market Report By Product Type (Silicone, Polyurethane, Acrylic, Polyvinyl Acetate, And Others), End-User (Building & Construction, Woodworking & Joinery, Transportation, Footwear & Leather, Healthcare, Electrical & Electronics, And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic sealants industry trends are analysed to foresee and predict the forecasts for next six years.    
On the basis of product type the market is segmented into Silicone, Polyurethane, Acrylic, Polyvinyl Acetate, Others . By end-user the sealants market is categorised as Building & Construction, Woodworking & Joinery, Transportation, Footwear & Leather, Healthcare, Electrical & Electronics, Others. The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

The Report Segments Global Sealants Market -
By Product Type

  • Silicone
  • Polyurethane
  • Acrylic
  • Polyvinyl Acetate
  • Others

By End-User

  • Building & Construction
  • Woodworking & Joinery
  • Transportation
  • Footwear & Leather
  • Healthcare
  • Electrical & Electronics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Players Profiled In the Report:
3M Company, Adco (Uk) Limited, Alfa International Corporation, Arkema Group (Bostik Sa), Avery Dennison Corporation, Benson Polymers, Buhnen, DuPont, Dow Corning, and Drytac.

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