DUBLIN--(BUSINESS WIRE)--The "Glass Sealant Market By Type (Silicone, Polyurethane, Polysulfide), By End-User (Commercial Construction, Non-Commercial Construction , Transportation) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The extensive use of these sealants in the overall construction and transportation sectors has given a massive boost to the glass sealant market in the recent years.
The rapid growth in economies across the globe and the increasing per capita income among consumers in developing countries are increasing the demand for transportation. This, in turn, is increasing the demand for glass sealants in automobiles.
The commercial construction sector is presently leading the market and is expected to remain the same during the forecast years.
Emerging economies such as China, India, and Brazil are looking forward to take advantage of the benefits of glass sealants. Further, the industrial and infrastructural market growth is expected to foster the glass sealants market.
Asia-Pacific is the largest glass sealants market globally, primarily due to the presence of export-oriented manufacturing capacities and intense domestic demand from various end-user industries. The increase in automobile manufacturing and architectural construction is further driving the market growth in the region.
The anticipated economic stability in Europe is expected to boost its manufacturing sector, complementing the growth of the glass sealants market.
North America is likely to remain the key region with a significant contribution coming from the US. Few of the prominent companies operating in the glass sealants market are BASF SE, 3M, Dow Corning Corporation, General Electric, and Evonik Industries AG.
- Increasing Construction and Manufacturing Industries
- Growing Purchasing Power and Higher Economic Growth in Asia-Pacific
- Low Penetration in Underdeveloped Countries
- Raw Material Price Fluctuations
- Technological Developments in the Products and Application Industries
- Large Untapped Market in Developing and Underdeveloped Countries
- ACS Group
- BOSTIK Technologies Corp.
- Henkel AG & Company
- Momentive Performance Materials Inc.
- PCL Construction
- Sika AG
- Toyota Motor Corporation
- Wacker Chemie AG
Key Topics Covered
1 Report Outline
2 Executive Summary
3 Market Positioning
4 Market Outlook
5 Market Characteristics
6 By Material Type: Market Size and Analysis
7 By End-user: Market Size and Analysis
8 Regions: Market Size and Analysis
9 Companies to Watch For
10 Competitive Landscape
11 Expert's Views
For more information about this report visit https://www.researchandmarkets.com/research/grzksl/global_glass?w=4