Global Sealants Market Set to Reach $16.6 Billion by 2030 with a Steady CAGR of 4.9%: Building & Construction Drive Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Sealants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global Sealants market is poised for impressive expansion, with estimated revenues of US$11.3 billion in 2022, and a projected surge to US$16.6 billion by 2030. This substantial growth is anticipated at a steady CAGR of 4.9% over the analysis period spanning 2022 to 2030.

Silicone and Polyurethane Segments Take the Lead

Within the Sealants market, the Silicone segment stands out, projected to achieve a remarkable 5.6% CAGR, reaching a value of US$6.4 billion by the end of the analysis period. The Polyurethane segment is not far behind, with estimated growth at a solid 5% CAGR over the next eight years.

Global Leaders and Geographic Highlights

The United States Sealants market is estimated at a significant US$2.5 billion in 2022, highlighting strong growth prospects. Meanwhile, China, as the world's second-largest economy, is set to reach an impressive projected market size of US$3.7 billion by 2030, driven by a compelling CAGR of 6.8% from 2022 to 2030. Other noteworthy geographic markets include Japan and Canada, each forecasted to experience steady growth at 3% and 4%, respectively, during the 2022-2030 period. Within Europe, Germany is expected to grow at a solid 3.8% CAGR.

Key Competitors

1. 3M
2. Alfa International
3. AVERY DENNISON CORPORATION
4. BASF SE
5. BENSON POLYMERS
6. Bostik
7. Carlisle Companies Inc.
8. Dow Chemicals
9. FRANKLIN INTERNATIONAL
10. H.B. Fuller Company
11. Henkel Ag & Co. KGaA
12. Illinois Tool Works Inc.
13. ITW Polymers Sealants
14. Mapei
15. PARAMELT B.V
16. RPM International Inc.
17. Sika AG
18. Solvay
19. Wacker Chemie AG
20. YOKOHAMA INDUSTRIES

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Building & Construction Sealant Market to Drive Long Term Growth
• Market Fortunes Intrinsically Tied to the Global Construction Industry
• Recovery in Global Construction Sector to Post Gains in Long Term
• World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
• Global Value of Megacity Construction Projects (US$ Billion) in 2019
• Trends in the Construction Industry Influence Market Uptake
• Rising Investments in Infrastructure Projects Strengthens Market Prospects
• Global Infrastructure Spending (in US$ Trillion) by Region/Country Over the Period 2010-2030
• Global Infrastructure Spending Estimates (in US$ Trillion) by Sector Over the Period 2013-2030
• Focus on Green Construction Techniques to Boost Market Demand
• Trend Towards Green Construction Fuels Emergence of Sustainable Sealant Solutions
• Anticipated Strong Construction Activity in Developing Countries to Spur Growth for Polyurethane Sealants
• Bituminous Sealants and Caulks: A Popular Choice in Infrastructure Renovation
• Sealants find Growing Application for Structural Glazing
• Adhesive and Sealants Aid EU Construction Sector to Lower Carbon Footprint
• Recovery of Automotive Industry Activates Fresh Growth Opportunities for Sealants Market
• Comparison of Various Automotive Sealant Solutions
• Recap of COVID-19 Impact on the Automotive Industry in 2020
• Global Automobile Production (In Million Units) for the Years 2011 - 2021
• Outlook for 2022 Remains Positive
• Growing Focus on Light Weight Models Drive Strong Business Case for Sealants
• Breakdown of Automotive Material Mix: 2022E
• Lightweighting Trend in Auto Parts: Average Weight of a Passenger Car (In Kgs) for the Years 1990, 2000, 2006, 2016, 2019 and 2023E
• Sealants Gaining Increased Acceptance in Medical Applications
• Surgical Sealants Market
• Select Sealant Materials & their Applications in Surgical Applications
• Hemostats Tissue Sealants Set For Impressive Growth
• Potential Market for Surgical Adhesives and Sealants (2023E): Percentage Share Breakdown of Global Surgical Procedure Volume by Type
• Dental Sealants Market Increasing with Dental Health Awareness
• Use of Non-aerosolizing Procedures for Caries Prevention Recommended amid the Pandemic
• Aerospace - A Potential Market for Sealants
• Global Commercial Aircraft Fleet Size (in Units) by Geographic Region for the Years 2019 & 2039
• Expanding Alternative Energy Market Bodes Well for Sealants Demand
• Global Energy Generation Mix (in %) for 2018 and 2050
• Novel Sealant Solutions Need of the Hour in Flexible Packaging Industry
• Industrial Sealants Beneficial for Various Industrial Applications
• Silicone Sealants - The Major Sealant Technology
• Need for Innovative Products and Growth of Construction Industry Bode Well for Silicon Sealants Market
• Recent Sealant Developments: A Review
• Hybrid Sealants Gain Prominence
• Select Product Innovations: Spearheading Growth
• Eco-Friendly Sealants Rise in Popularity
• Low VOC Sealants Gain High Acceptance
• Key Challenges
• Raw Material Availability and Pricing - Crucial for Sealant Manufacturing
• Environmental Concerns
• Sealant's Inability to Contain Extreme Temperatures
• Stringent Regulations Pertaining to VOC Emissions
• Regulatory Concerns for Medical Sealants

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/sqwi7q

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