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Sealants Market Size, Share, Growth & Industry Trends [2031]

Sealants Market

Name: Growth Market Reports
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Segments - by Products (Silicone, Polyurethane, Acrylic, Polyvinyl Acetate, and Others), End-user Industries (Building and Construction, Transportation, Healthcare, Electrical and Electronics, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

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Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

Sealants Market Outlook 2031:

The global sealants market size was valued at USD 10.58 Billion in 2022 and is projected to reach USD 18.34 Billion by 2031, expanding at a CAGR of 6.3% during the forecast period 2023 - 2031. The growth of the market is attributed to the rising demand for dental and surgical sealants.

Sealants are primarily used in mobile phones, hard disc drives, and laptops. The primary role of the sealant is to make sure that no foreign particles get between the two surfaces that have been fixed in place by the adhesives. Adhesives have widespread use in manufacturing products such as camera lenses, PCB, and connectors. Silicones and urethane are the most commonly used sealants.

Sealants Market Drivers, Restraints, Trends, and Opportunities

Rapid urbanization and industrialization has increased the construction in emerging economies, which is expected to propel the market growth.
Rising investment of government state bodies in the healthcare infrastructure is anticipated to spur the growth of the market.
Volatility in the price of raw materials can hinder the growth of the market.
Growing demand for automatic valves is speculated to create lucrative opportunities for industry players in the projected timeline.

Scope of Sealants Market Report

The report on the global sealants market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Sealants Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Products (Silicone, Polyurethane, Acrylic, Polyvinyl Acetate, and Other Product Types), End-user Industries (Building and Construction, Transportation, Healthcare, Electrical and Electronics, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Henkel Ag & Co. KGaA, H.B. Fuller Company, ITW Polymers Sealants North America, 3M, and Sika AG

Global Sealants Market Segment Insights

Polyurethane segment to account significant market share

Based on products, the market is divided into silicone, polyurethane, acrylic, polyvinyl acetate, and others. The polyurethane segment is projected to account for a significant market share during the forecast period. The segment growth is attributed to the solidity, low viscosity, and less cure time offered by silicon-based sealants. These features are driving this type of sealant penetration in footwear, packaging laminations, bonding fiberglass, and automotive windshield bonding.

Building and construction segment to exhibit a high CAGR

Based on end-user industries, the market is classified as building and construction, transportation, healthcare, electrical and electronics, and others. The building and construction segment is projected to exhibit a high CAGR during the forecast period.

Sealants confers good cohesion, adhesion, elasticity, high cohesive strength, flexibility, resistance to thermal expansion, environmental resistance to UV light, corrosion, salt water, rain, and other weathering conditions, which have increased their demand in the building and construction industry. They are primarily used to seal the joints and gaps between substrates, and hence they are critical components of the construction industry. The most important purpose of sealants is to prevent air, water, and other elements from exiting or entering the structure.

The speed of growth of the global construction industry stabilized in the recent times. However, it is expected to increase during the coming years, in regions, such as Middle East & Africa and Asia Pacific. These factors are expected to increase the demand for sealants in the construction sector during the forecast period.

Asia Pacific to dominate the market

Based on regions, the market is segregated into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the sealants market during the forecast period. The market growth is attributed to rising industrial production in the automotive, electrical & electronics, and manufacturing sectors.

The construction sector in China is expected to grow by 5.9% during the forecast period. China was negatively impacted by the ongoing trade disputes with the US. Local authorities resorted to increasing public investment in the infrastructure sector.

Segments

The global sealants market has been segmented on the basis of:

Types

Silicone
Polyurethane
Acrylic
Polyvinyl Acetate
Others

End-user Industries

Building and Construction
Transportation
Healthcare
Electrical and Electronics
Others

Regions

Asia Pacific
North America
Europe
Latin America
Middle-East and Africa

Key players

Henkel Ag & Co. KGaA
H.B. Fuller Company
ITW Polymers Sealants North America
3M
Sika AG

Competitive Landscape

Some of these major players include Henkel Ag & Co. KGaA, H.B. Fuller Company, ITW Polymers Sealants North America, 3M, and Sika AG, among others.

Major industry players are engaging in partnerships, collaborations, and acquisitions to expand their market share.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sealants Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Sealants Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Sealants Market - Supply Chain
  4.5. Global Sealants Market Forecast
     4.5.1. Sealants Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Sealants Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Sealants Market Absolute $ Opportunity
5. Global Sealants Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Sealants Market Size and Volume Forecast by Types
     5.3.1. Silicone Polyurethane Acrylic Polyvinyl Acetate Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Sealants Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Sealants Market Size and Volume Forecast by End Users
     6.3.1. Building and Construction Transportation Healthcare Electrical and Electronics Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Sealants Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Sealants Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Sealants Demand Share Forecast, 2019-2026
8. North America Sealants Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Sealants Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Sealants Market Size and Volume Forecast by Types
     8.4.1. Silicone Polyurethane Acrylic Polyvinyl Acetate Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Sealants Market Size and Volume Forecast by End Users
     8.7.1. Building and Construction Transportation Healthcare Electrical and Electronics Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Sealants Demand Share Forecast, 2019-2026
9. Latin America Sealants Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Sealants Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Sealants Market Size and Volume Forecast by Types
     9.4.1. Silicone Polyurethane Acrylic Polyvinyl Acetate Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Sealants Market Size and Volume Forecast by End Users
     9.7.1. Building and Construction Transportation Healthcare Electrical and Electronics Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Sealants Demand Share Forecast, 2019-2026
10. Europe Sealants Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Sealants Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Sealants Market Size and Volume Forecast by Types
     10.4.1. Silicone Polyurethane Acrylic Polyvinyl Acetate Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Sealants Market Size and Volume Forecast by End Users
     10.7.1. Building and Construction Transportation Healthcare Electrical and Electronics Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Sealants Demand Share Forecast, 2019-2026
11. Asia Pacific Sealants Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Sealants Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Sealants Market Size and Volume Forecast by Types
     11.4.1. Silicone Polyurethane Acrylic Polyvinyl Acetate Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Sealants Market Size and Volume Forecast by End Users
     11.7.1. Building and Construction Transportation Healthcare Electrical and Electronics Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Sealants Demand Share Forecast, 2019-2026
12. Middle East & Africa Sealants Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Sealants Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Sealants Market Size and Volume Forecast by Types
     12.4.1. Silicone Polyurethane Acrylic Polyvinyl Acetate Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Sealants Market Size and Volume Forecast by End Users
     12.7.1. Building and Construction Transportation Healthcare Electrical and Electronics Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Sealants Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Sealants Market: Market Share Analysis
  13.2. Sealants Distributors and Customers
  13.3. Sealants Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Henkel Ag & Co. KGaA
     13.4.2. H.B. Fuller Company
     13.4.3. ITW Polymers Sealants North America
     13.4.4. 3M
     13.4.5. Sika AG

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