Pune, India -- (SBWire) -- 08/01/2018 --The Global Elastomeric Sealants Market is expected to reach USD 6.49 billion by 2025, from USD 3.79 billion in 2017 growing at a CAGR of 6.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Elastomeric Sealants Market, Elastomeric Sealants Market By Type (Ps, Pu, Pb, Silicone, Acrylic, Smp), End-Use Industry (Construction, Automotive & Transportation, Electronics, Furniture & Woodworks, Aerospace & Defense, Marine) By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
Major Players:
The key players operating in the Global Elastomeric Sealants Market are –
- The Dow Chemical
- 3M Company
- Henkel
- Arkema
- Sika
The other players in the market are Franklin International H.B. Fuller, Mapei, RPM International Wacker Chemie, DCP Int, Draco Construction Chemicals Inc., Isomat S.A., KCC Corporation, Köster Bauchemie AG, Mageba, Mule-Hide Products Co. Inc., PPG Industries, Inc., Prodotti Industrial, S.R.L., Rockwool International, Saudi Vetonit Co Ltd., The Sherwin-Williams, CompanyTorggler, Chimica SPAVcm Polyurethanes Pvt. Ltd., Evonik Industries
Some of the major countries covered in this report are:-
- US.,
- Canada,
- Germany,
- France,
- UK.,
- Netherlands,
- Switzerland,
- Turkey,
- Russia,
- China,
- India,
- South Korea,
- Japan,
- Australia,
- Singapore,
- Saudi Arabia,
- South Africa,
- Brazil
- Among others.
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Major Market Drivers :
- Growing demand in construction industry
- Increasing use of elastomeric sealants in solar and wind power equipment
- Surging demand for ps elastomeric sealants in aerospace & defense industry
Market Restraints:
- Foam tapes replacing elastomeric sealants in construction industry
- Regulations pertaining to voc content of elastomeric sealants
Competitive Landscape:
The global elastomeric sealants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of elastomeric sealants market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global elastomeric sealants market
- Analyze and forecast the elastomeric sealants market on the basis of type, end user industry and region
- Trends of key regional and country-level markets for type, end user industry and region
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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Global Elastomeric Sealants Market 2018- Industry Analysis, by Key Players the Dow Chemical, 3M Company, Henkel Arkema, Sika and Forecast by 2025