Market Overview:
The global cyanoacrylate-based sealant market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cyanoacrylate-based sealants in medical and industrial applications. In terms of type, the medical grade segment is expected to account for a larger share of the global market than the industrial grade segment during the forecast period. This can be attributed to factors such as rising demand for wound care products and increasing awareness about benefits offered by cyanoacrylate-based sealants over traditional methods such as suturing and stapling. In terms of application, wound care is expected to account for a larger share of the global market than chemical industry during the forecast period.
Product Definition:
Cyanoacrylate-based sealants are adhesive substances used to seal and bond surfaces together. They are an important part of many industrial and consumer products, including: adhesives, contact lenses, dental fillings, and wood finishes.
Medical Grade:
Cyanoacrylate-based sealants are used in dentistry to treat tooth decay, gum diseases and oral infections. The product is also useful in treating bone fractures and injuries. It helps reduce bleeding by forming a barrier on the skin surface and promotes healing of affected areas.
Industrial Grade:
Industrial grade is a special type of chemical that has been designed for industrial usage. It is not used for household or consumer purposes. The major difference between the two is that consumer grade chemicals are mainly used in adhesives and sealants whereas industrial-grade products are utilized in coatings, printing inks, paints & coatings as well as rubber products manufacturing industries.
Application Insights:
The other application segment includes construction, aerospace & defense, and automotive. In 2017, the wound care application dominated the market with a share of over 60% in terms of revenue. The demand for sealants is expected to increase in light of rising cases of chronic wounds across the globe due to increasing cases of trauma and burns. Chronic wounds are becoming a major healthcare concern globally as they are associated with high ongoing medical costs and reduced quality of life. According to estimates reported by WHO, around 6-12%of global population suffers from some formof chronic wound every year which accounts for significant financial burden as well as loss Of productivity due to absence from work or school. This trend is expectedto boost market growth during the forecast period owingto rising incidence ratesof chronic diseases such as diabetes mellitus Type II which causes ulcers that require regular dressing changes alongwith proper management strategiesfor their treatment which will resultin an increased demandfor sealants overthe next few years (Wound Care Application).
Regional Analysis:
Asia Pacific was the largest market for the global product and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well due to presence of several emerging economies such as China, India, Indonesia, Malaysia and Thailand. Increasing medical tourism in these countries coupled with growing wound care industry will drive demand for products across Asia Pacific. In addition, rising construction activities owing to increasing population are likely to boost demand from other applications such as waterproofing & sealing where cyanoacrylate-based sealants find application across various industries including oil & gas, mining and civil engineering.
Europe is anticipated to be one of the fastest growing regions with CAGR exceeding 6% during the forecast period on account of rapid growth witnessed by key end-use industries such as healthcare and chemical manufacturing which are majorly driven by high investments made by governments in R&D activities coupled with technological advancements pertaining both internal (process innovation).
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance adhesives and sealants
- Growing popularity of cyanoacrylate-based sealants in medical applications as a fast, strong adhesive for wound closure
- Rising demand from construction and manufacturing sectors for reliable bonding and sealing solutions
- Technological advancements that have led to the development of new cyanoacrylate formulations with improved performance characteristics
- Growing awareness about the benefits of using cyanoacrylate-based sealants over traditional adhesive products
Scope Of The Report
Report Attributes
Report Details
Report Title
Cyanoacrylate-Based Sealant Market Research Report
By Type
Medical Grade, Industrial Grade
By Application
Wound Care, Chemical Industry, Other
By Companies
DuPont, DOW, Eastman, Exxonmobil, Evonik, Ashland, Mitsubishi, Yparex, DuPont
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Cyanoacrylate-Based Sealant Market Report Segments:
The global Cyanoacrylate-Based Sealant market is segmented on the basis of:
Types
Medical Grade, Industrial Grade
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
Wound Care, Chemical Industry, Other
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:
- DuPont
- DOW
- Eastman
- Exxonmobil
- Evonik
- Ashland
- Mitsubishi
- Yparex
- DuPont
Highlights of The Cyanoacrylate-Based Sealant 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:
- Medical Grade
- Industrial Grade
- By Application:
- Wound Care
- Chemical Industry
- Other
- 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 Cyanoacrylate-Based Sealant 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Cyanoacrylate-based sealants are a type of adhesive that is made up of two parts: a resin and a hardener. The resin is mixed with the hardener, which creates an adhesive that can be used to seal surfaces. Cyanoacrylate-based sealants are often used to repair cracks in concrete or other types of materials.
Some of the major companies in the cyanoacrylate-based sealant market are DuPont, DOW, Eastman, Exxonmobil, Evonik, Ashland, Mitsubishi, Yparex, DuPont.
The cyanoacrylate-based sealant market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size & Forecast, 2018-2028
4.5.1 Cyanoacrylate-Based Sealant Market Size and Y-o-Y Growth
4.5.2 Cyanoacrylate-Based Sealant Market Absolute $ Opportunity
Chapter 5 Global Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size Forecast by Type
5.2.1 Medical Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size Forecast by Applications
6.2.1 Wound Care
6.2.2 Chemical Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Analysis and Forecast
9.1 Introduction
9.2 North America Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size Forecast by Type
9.6.1 Medical Grade
9.6.2 Industrial Grade
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 Cyanoacrylate-Based Sealant Market Size Forecast by Applications
9.10.1 Wound Care
9.10.2 Chemical Industry
9.10.3 Other
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 Cyanoacrylate-Based Sealant Analysis and Forecast
10.1 Introduction
10.2 Europe Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size Forecast by Type
10.6.1 Medical Grade
10.6.2 Industrial Grade
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 Cyanoacrylate-Based Sealant Market Size Forecast by Applications
10.10.1 Wound Care
10.10.2 Chemical Industry
10.10.3 Other
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 Cyanoacrylate-Based Sealant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size Forecast by Type
11.6.1 Medical Grade
11.6.2 Industrial Grade
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 Cyanoacrylate-Based Sealant Market Size Forecast by Applications
11.10.1 Wound Care
11.10.2 Chemical Industry
11.10.3 Other
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 Cyanoacrylate-Based Sealant Analysis and Forecast
12.1 Introduction
12.2 Latin America Cyanoacrylate-Based Sealant 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 Cyanoacrylate-Based Sealant Market Size Forecast by Type
12.6.1 Medical Grade
12.6.2 Industrial Grade
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 Cyanoacrylate-Based Sealant Market Size Forecast by Applications
12.10.1 Wound Care
12.10.2 Chemical Industry
12.10.3 Other
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) Cyanoacrylate-Based Sealant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cyanoacrylate-Based Sealant 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) Cyanoacrylate-Based Sealant Market Size Forecast by Type
13.6.1 Medical Grade
13.6.2 Industrial Grade
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) Cyanoacrylate-Based Sealant Market Size Forecast by Applications
13.10.1 Wound Care
13.10.2 Chemical Industry
13.10.3 Other
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 Cyanoacrylate-Based Sealant Market: Competitive Dashboard
14.2 Global Cyanoacrylate-Based Sealant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 DOW
14.3.3 Eastman
14.3.4 Exxonmobil
14.3.5 Evonik
14.3.6 Ashland
14.3.7 Mitsubishi
14.3.8 Yparex
14.3.9 DuPont
