The global Elastomeric Sealants market was valued at US$ 3616.8 million in 2022 and is projected to reach US$ 4626.9 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Elastomeric Sealants market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Elastomeric Sealants market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Elastomeric Sealants market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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.
This report aims to provide a comprehensive presentation of the global market for Elastomeric Sealants, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elastomeric Sealants. This report contains market size and forecasts of Elastomeric Sealants in global, including the following market information:
- Global Elastomeric Sealants Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Elastomeric Sealants Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Elastomeric Sealants companies in 2022 (%)
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.
We surveyed the Elastomeric Sealants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Elastomeric Sealants Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Elastomeric Sealants Market Segment Percentages, by Type, 2022 (%)
- Polysulfide (PS)
- Polyurethane (PU)
- Polybutadiene (PB)
- Silicone
- Acrylic
- Silyl Modified Polymer (SMP)
- Others (Epoxy and Latex Elastomeric Sealants)
Global Elastomeric Sealants Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Elastomeric Sealants Market Segment Percentages, by Application, 2022 (%)
- Construction
- Automotive & Transportation
- Electronics
- Furniture & Woodworks
- Aerospace & Defense
- Marine
- Others
Global Elastomeric Sealants Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Elastomeric Sealants Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Elastomeric Sealants revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Elastomeric Sealants revenues share in global market, 2022 (%)
- Key companies Elastomeric Sealants sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Elastomeric Sealants sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- The Dow Chemical
- 3M Company
- Henkel
- ArkemA
- SikA
- Franklin International
- H.B. Fuller
- Mapei
- RPM International
- Wacker Chemie
Outline of Major Chapters:
Chapter 1: Introduces the definition of Elastomeric Sealants, market overview.
Chapter 2: Global Elastomeric Sealants market size in revenue and volume.
Chapter 3: Detailed analysis of Elastomeric Sealants manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Elastomeric Sealants in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Elastomeric Sealants capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
