The report evaluates the Industrial Sealants Market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is bifurcated into different segments with the profound analysis of each segment with respect to the geography for the study period. Based on the historical data, the report estimates future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.
Industrial sealants are viscous liquids with high adhesive strength, better durability and a higher resistance to corrosion than the industrial adhesives and are thus considered in those situations where adhesives fail to play their roles. Sealants can have a variety of special applications such glass bonding, in appliances, aircraft fuel tanks, as automotive windshield sealants and in the construction of solar panels, to name a few apart their common applications.
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Sealants can be of many types such as silicone sealants, urethane sealants, plastisols, elastomeric sealants, gasket, flange sealants and thread sealants. These sealants find applications in many areas such as manufacturing, construction, packaging, consumer goods, automotive and transportation, with the constructions industries being their biggest end-users followed by automotive industries and the others. In terms of production and demand silicones lead the industrial sealants market, although polyurethane demand is also expected to increase steadily in the coming future.
The industrial sealants market has observed an appreciable amount of growth, running parallel to the switch over from metals to plastics by the constructions and the automobile industries in particular and a few others in general. But, a major constraint to the growth of this market is the volatile nature of its raw material which is now coming into highlight as a consequence of the stringent regulations put forward in the favour of a clean and hygienic environment. Nevertheless, bio-based sealants have now come up which are both eco-friendly in nature and cheaper otherwise in terms of production cost, thus helping sustain the industrial sealants market.
Major player assessed in the report are:
- ADCO Global
- BASF
- Cargill
- Croda
- Dow Chemical Company
- Du Pont
- Evonik Industries
- Henkel
- Others
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Segmentations In Report:
1. Industrial Sealants By Types:
- Silicone Sealants
- Urethane Sealants
- Plasitols
- Elastomeric Sealants
- Gasket And Flange Sealants
- Thread Sealants
2. Industrial Sealants By Application:
- Manufacturing
- Automotive And Transportation
- Construction
- Consumer Goods
- Packaging
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