Market Overview:
The global butyl sealants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for butyl sealants from various end-use industries such as construction, automobile, and machine. In terms of type, the vulcanized butyl sealants segment is expected to hold a major share in the global butyl sealants market during the forecast period. This can be attributed to its superior properties such as high resistance against heat and chemicals compared with non-vulcanized butyl sealants.
Product Definition:
Butyl Sealants are a type of sealant that is made from butyl rubber. Butyl Sealants are used to seal joints and seams in a variety of applications, including roofing, plumbing, and automotive repairs. Butyl Sealants are important because they provide a watertight seal that prevents moisture from entering into the joint or seam.
Vulcanized:
Vulcanized or polyvinylidene difluoride (PVDF) is a highly cross-linking, non-resilient polymer. It has been the most extensively used sealant in the building and construction industry over the past decade. The growth of this market can be attributed to its unique properties such as high tensile strength, excellent chemical resistance along with low water absorption and low shrinkage post curing process.
Non-Vulcanized:
Non-Vulcanized (NV) is a type of synthetic rubber that is produced by the polymerization of styrene-butadiene. It has similar properties as vulcanized rubber but has low heat resistance and higher flexibility. Non-Vulcanized products are used in applications where high stretchability, low heat resistance, and high resilience are required such as tire applications, footwear soles & heels, medical devices & implants, etc.
Application Insights:
The construction application segment led the global butyl sealants market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for residential and commercial buildings across the globe is expected to drive product demand in this application segment. In addition, favorable government policies regarding infrastructure development are anticipated to further propel market growth over the coming years.
Automobile was another prominent segment that accounted for a share of 15% in terms of volume in 2017. Rising disposable income levels coupled with increasing urbanization has resulted in an increased number of vehicles on roads globally, which is likely to fuel demand for automotive sealants over the forecast period. However, high costs associated with these products may hinder their penetration into this sector as compared to others where cost-effectiveness matters more such as construction or machine sealing applications where low price does not necessarily reflect lower quality or performance standards required by end-users.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction spending, which is likely to propel product demand. In addition, rising automotive production and sales are projected to have a positive impact on industry growth over the next few years.
Europe accounted for more than 25% of global butyl sealants market share in 2017 owing to high consumption from several major industries including construction, automobile and others. However, stringent environmental regulations regarding VOC emissions may hinder product demand from machine shops due to their high toxicity as comparedto other types of sealants.
North America emerged as the second-largest consumer of butyl sealants owing to increasing infrastructure activities coupled with growing automotive production mainly in Mexico is expected drive industry expansion over the forecast period 8%.
Growth Factors:
- Increasing demand for butyl sealants in construction industry for waterproofing and weatherproofing applications.
- Rising demand from automotive sector for various sealing applications.
- Growing use of butyl sealants in electrical and electronic equipment due to its excellent insulation properties.
- Increasing penetration of butyl sealants in the medical device industry due to its biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Butyl Sealants Market Research Report
By Type
Vulcanized, Non-Vulcanized
By Application
Construction, Automobile, Machine, Others
By Companies
PPG Industries, 3M, Henkel, Solvay, Flamemaster, Chemetall, Royal Adhesives & Sealants, DowDuPont, Master Bond, Cytec Solvay Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Butyl Sealants Market Report Segments:
The global Butyl Sealants market is segmented on the basis of:
Types
Vulcanized, Non-Vulcanized
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Automobile, Machine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG Industries
- 3M
- Henkel
- Solvay
- Flamemaster
- Chemetall
- Royal Adhesives & Sealants
- DowDuPont
- Master Bond
- Cytec Solvay Group
Highlights of The Butyl Sealants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vulcanized
- Non-Vulcanized
- By Application:
- Construction
- Automobile
- Machine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Butyl Sealants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Butyl sealants are a type of adhesive that is used to seal surfaces. Butyl sealants are most commonly used in the construction and automotive industries, where they are often used to protect metal surfaces from corrosion.
Some of the key players operating in the butyl sealants market are PPG Industries, 3M, Henkel, Solvay, Flamemaster, Chemetall, Royal Adhesives & Sealants, DowDuPont, Master Bond, Cytec Solvay Group.
The butyl sealants market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Butyl Sealants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Butyl Sealants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Butyl Sealants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Butyl Sealants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Butyl Sealants Market Size & Forecast, 2018-2028
4.5.1 Butyl Sealants Market Size and Y-o-Y Growth
4.5.2 Butyl Sealants Market Absolute $ Opportunity
Chapter 5 Global Butyl Sealants Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Butyl Sealants Market Size Forecast by Type
5.2.1 Vulcanized
5.2.2 Non-Vulcanized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Butyl Sealants Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Butyl Sealants Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automobile
6.2.3 Machine
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Butyl Sealants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Butyl Sealants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Butyl Sealants Analysis and Forecast
9.1 Introduction
9.2 North America Butyl Sealants Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Butyl Sealants Market Size Forecast by Type
9.6.1 Vulcanized
9.6.2 Non-Vulcanized
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Butyl Sealants Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automobile
9.10.3 Machine
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Butyl Sealants Analysis and Forecast
10.1 Introduction
10.2 Europe Butyl Sealants Market Size 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 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Butyl Sealants Market Size Forecast by Type
10.6.1 Vulcanized
10.6.2 Non-Vulcanized
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Butyl Sealants Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automobile
10.10.3 Machine
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Butyl Sealants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Butyl Sealants Market Size 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 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Butyl Sealants Market Size Forecast by Type
11.6.1 Vulcanized
11.6.2 Non-Vulcanized
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Butyl Sealants Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automobile
11.10.3 Machine
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Butyl Sealants Analysis and Forecast
12.1 Introduction
12.2 Latin America Butyl Sealants Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Butyl Sealants Market Size Forecast by Type
12.6.1 Vulcanized
12.6.2 Non-Vulcanized
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Butyl Sealants Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automobile
12.10.3 Machine
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Butyl Sealants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Butyl Sealants Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Butyl Sealants Market Size Forecast by Type
13.6.1 Vulcanized
13.6.2 Non-Vulcanized
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Butyl Sealants Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automobile
13.10.3 Machine
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Butyl Sealants Market: Competitive Dashboard
14.2 Global Butyl Sealants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 3M
14.3.3 Henkel
14.3.4 Solvay
14.3.5 Flamemaster
14.3.6 Chemetall
14.3.7 Royal Adhesives & Sealants
14.3.8 DowDuPont
14.3.9 Master Bond
14.3.10 Cytec Solvay Group
