Market Overview:
The global driveway sealers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for driveway sealers from various applications such as roads, streets, parking lots, and airports. In addition, the growing awareness about the benefits of using driveway sealers is also contributing to the growth of this market. The global driveway sealers market can be segmented on the basis of type into coal tar sealer, asphalt sealer, acrylic sealer, concrete sealer and others. The asphalt Sealant segment is expected to account for a major share of the global driveways seals market duringthe forecast period owingto its high durability and resistance against weathering conditions. On th e basis o f application , t he road segment is estimated t o account for t he largest share o f th e globa l driveways seale rs ma rket in 2 028 . Thi s segm ent i s attribut ed t o th e increasin g demand fo r drivway seale rs from various countrie s i n order t o improv e th e condition o f their roa ds . O ther app lications such as street , parking lot s an d airport are also ex pectedtobegrow at amoderate rateduringth epredictedperiod .
Product Definition:
A driveway sealer is a coating that is applied to a driveway in order to protect it from weathering and staining. Sealers can either be clear or colored, and they usually contain a resin that helps to bind the material together. sealers are important because they protect the driveway from weathering, which can cause it to crack and deteriorate over time. They also help to keep the surface of the driveway looking new by preventing it from staining with oil, gas, or other materials.
Coal Tar Sealer:
Coal tar sealer is a polymer-based liquid that is typically applied to driveways and sidewalks as an adhesive. It has high heat resistance, durability, and adhesion properties. The product also offers UV protection to outdoor surfaces which makes it suitable for use in outdoor applications such as deck sealing and railings.
Asphalt Sealer:
Asphalt sealer is a liquid that is applied to the surface of driveways and roads. It helps in preventing water from getting in contact with the road and prevents it from freezing & expands life of pavement by making it less porous. Asphalt sealer also provides resistance against oil, fuel, kerosene, diesel and other similar liquids which are used for sealing purposes.
Application Insights:
The road application segment accounted for the largest revenue share of over 60% in 2017. The growing construction and infrastructure sector across the globe is expected to drive demand for asphalt sealers, which are used to fill cracks & joints in asphalt. Driveway sealers are also used on roadsides where parking or driving lanes meet as a preventive maintenance tool against cracking & widening of pavement due to expansion of soil temperatures around tires during hot summer months. Sealer coatings act as a protective layer against oil, gas and water stains by keeping them off the underlying surface.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of leading manufacturers and suppliers. The region is expected to continue its dominance over the forecast period, with an estimated share of more than 35% by 2030. Growing demand for driveways in residential as well as commercial sectors is one major factor contributing toward growth in this region.
The U.S., being a developed economy, has witnessed high adoption rates for advanced driveway sealers such as acrylics and polyurethanes since past few years, which is also likely to boost product demand over the next eight years or so.
Growth Factors:
- Increasing demand for driveway sealers from the residential sector on account of the growing construction and renovation activities.
- Rising awareness about the benefits of using driveway sealers among consumers, which is likely to boost market growth over the forecast period.
- Growing demand for eco-friendly and low VOC products in the market, which is expected to favor market growth in the near future.
- Proliferation of online retail platforms that offer a wide range of driveway sealers products at competitive prices is anticipated to fuel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Driveway Sealers Market Research Report
By Type
Coal Tar Sealer, Asphalt Sealer, Acrylic Sealer, Concrete Sealer, Others
By Application
Road, Street, Parking Lots, Airport, Others
By Companies
Brenntag, Aexcel Coatings, SealMaste, Sika, Latexite, Henry, Asphalt Kingdom, Gardner Coatings, STAR, Inc, Quikrete, Black Diamond Coatings, Unique Paving Materials Corporation, Quest Chemicals(ToughCrete)
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Driveway Sealers Market Report Segments:
The global Driveway Sealers market is segmented on the basis of:
Types
Coal Tar Sealer, Asphalt Sealer, Acrylic Sealer, Concrete Sealer, Others
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
Road, Street, Parking Lots, Airport, 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:
- Brenntag
- Aexcel Coatings
- SealMaste
- Sika
- Latexite
- Henry
- Asphalt Kingdom
- Gardner Coatings
- STAR, Inc
- Quikrete
- Black Diamond Coatings
- Unique Paving Materials Corporation
- Quest Chemicals(ToughCrete)
Highlights of The Driveway Sealers 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:
- Coal Tar Sealer
- Asphalt Sealer
- Acrylic Sealer
- Concrete Sealer
- Others
- By Application:
- Road
- Street
- Parking Lots
- Airport
- 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 Driveway Sealers 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.
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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?
Driveway sealers are a type of sealant that is used to protect the surface of a driveway from water and dirt. They are typically applied in layers, with the final layer being applied just before rain or snowfall.
Some of the key players operating in the driveway sealers market are Brenntag, Aexcel Coatings, SealMaste, Sika, Latexite, Henry, Asphalt Kingdom, Gardner Coatings, STAR, Inc, Quikrete, Black Diamond Coatings, Unique Paving Materials Corporation, Quest Chemicals(ToughCrete).
The driveway sealers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Driveway Sealers 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 Driveway Sealers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Driveway Sealers 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 Driveway Sealers 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 Driveway Sealers Market Size & Forecast, 2018-2028 4.5.1 Driveway Sealers Market Size and Y-o-Y Growth 4.5.2 Driveway Sealers Market Absolute $ Opportunity
Chapter 5 Global Driveway Sealers 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 Driveway Sealers Market Size Forecast by Type
5.2.1 Coal Tar Sealer
5.2.2 Asphalt Sealer
5.2.3 Acrylic Sealer
5.2.4 Concrete Sealer
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Driveway Sealers 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 Driveway Sealers Market Size Forecast by Applications
6.2.1 Road
6.2.2 Street
6.2.3 Parking Lots
6.2.4 Airport
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Driveway Sealers 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 Driveway Sealers 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 Driveway Sealers Analysis and Forecast
9.1 Introduction
9.2 North America Driveway Sealers 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 Driveway Sealers Market Size Forecast by Type
9.6.1 Coal Tar Sealer
9.6.2 Asphalt Sealer
9.6.3 Acrylic Sealer
9.6.4 Concrete Sealer
9.6.5 Others
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 Driveway Sealers Market Size Forecast by Applications
9.10.1 Road
9.10.2 Street
9.10.3 Parking Lots
9.10.4 Airport
9.10.5 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 Driveway Sealers Analysis and Forecast
10.1 Introduction
10.2 Europe Driveway Sealers 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 Driveway Sealers Market Size Forecast by Type
10.6.1 Coal Tar Sealer
10.6.2 Asphalt Sealer
10.6.3 Acrylic Sealer
10.6.4 Concrete Sealer
10.6.5 Others
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 Driveway Sealers Market Size Forecast by Applications
10.10.1 Road
10.10.2 Street
10.10.3 Parking Lots
10.10.4 Airport
10.10.5 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 Driveway Sealers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Driveway Sealers 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 Driveway Sealers Market Size Forecast by Type
11.6.1 Coal Tar Sealer
11.6.2 Asphalt Sealer
11.6.3 Acrylic Sealer
11.6.4 Concrete Sealer
11.6.5 Others
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 Driveway Sealers Market Size Forecast by Applications
11.10.1 Road
11.10.2 Street
11.10.3 Parking Lots
11.10.4 Airport
11.10.5 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 Driveway Sealers Analysis and Forecast
12.1 Introduction
12.2 Latin America Driveway Sealers 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 Driveway Sealers Market Size Forecast by Type
12.6.1 Coal Tar Sealer
12.6.2 Asphalt Sealer
12.6.3 Acrylic Sealer
12.6.4 Concrete Sealer
12.6.5 Others
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 Driveway Sealers Market Size Forecast by Applications
12.10.1 Road
12.10.2 Street
12.10.3 Parking Lots
12.10.4 Airport
12.10.5 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) Driveway Sealers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Driveway Sealers 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) Driveway Sealers Market Size Forecast by Type
13.6.1 Coal Tar Sealer
13.6.2 Asphalt Sealer
13.6.3 Acrylic Sealer
13.6.4 Concrete Sealer
13.6.5 Others
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) Driveway Sealers Market Size Forecast by Applications
13.10.1 Road
13.10.2 Street
13.10.3 Parking Lots
13.10.4 Airport
13.10.5 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 Driveway Sealers Market: Competitive Dashboard
14.2 Global Driveway Sealers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brenntag
14.3.2 Aexcel Coatings
14.3.3 SealMaste
14.3.4 Sika
14.3.5 Latexite
14.3.6 Henry
14.3.7 Asphalt Kingdom
14.3.8 Gardner Coatings
14.3.9 STAR, Inc
14.3.10 Quikrete
14.3.11 Black Diamond Coatings
14.3.12 Unique Paving Materials Corporation
14.3.13 Quest Chemicals(ToughCrete)