Global Elastomeric Sealants Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
Elastomeric sealants has been segmented based on type into Polybutadiene (PB), Polysulfide (PS), Polybutadiene (PB), silicone, acrylic, Silyl Modified Polymer (SMP), and others. The silicone type segment accounted for the largest share of the elastomeric sealants market in 2017, in terms of volume. The Silyl Modified Polymer (SMP) type segment of the elastomeric sealants market is projected to grow at the highest CAGR in terms of both, value and volume during the forecast period. The growth of the Silyl Modified Polymer (SMP) type segment of the elastomeric sealants market can be attributed to the increased demand for silyl modified polymer elastomeric sealants from the automotive & transportation and marine industries.
The growth of the elastomeric sealants market can be attributed to the increasing applications of elastomeric sealants in the construction industry and rising demand for automobiles and electronics products across the globe. Elastomeric sealants are increasingly used in the automotive & transportation industry due to their high durability, good adhesion, excellent flexibility, and high heat resistance. Moreover, development of lightweight electric vehicles is also driving the growth of the elastomeric sealants market across the globe. Increased consumption of elastomeric sealants in developed economies such as the US and Germany and emerging economies such as China, India, and Brazil is also leading to the growth of the elastomeric sealants market across the globe.
The global Elastomeric Sealants market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 6.4% between 2019 and 2025.
This report studies the Elastomeric Sealants market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Elastomeric Sealants in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
The Dow Chemical
By the product type, the market is primarily split into
Silyl Modified Polymer (SMP)
Others (Epoxy and Latex Elastomeric Sealants)
By the end users/application, this report covers the following segments
Automotive & Transportation
Furniture & Woodworks
Aerospace & Defense
We can also provide the customized separate regional or country-level reports, for the following regions:
Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Elastomeric Sealants market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Elastomeric Sealants market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Elastomeric Sealants manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Elastomeric Sealants with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Elastomeric Sealants submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Elastomeric Sealants are as follows:
History Year: 2014-2018
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Elastomeric Sealants market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Elastomeric Sealants market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.