Market Overview:
The global pipe and thread sealants 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 pipe and thread sealants from various end-use industries, such as building & construction, chemical processing, petroleum refining, pulp & paper, waste treatment, textile and automotive. In addition, the growing demand for high-performance pipe and thread sealants is also contributing to the growth of this market.
Product Definition:
Pipe and thread sealants are compounds used to create a watertight seal between two pieces of metal. They are typically applied to threaded connections, where they fill in the microscopic nooks and crannies, creating an impenetrable barrier. Pipe and thread sealants are important because they prevent leakage, which can cause extensive damage over time.
PTFE:
It has the ability to be sterilized and is resistant to most solvents, acids and bases. PTFE films are used in various applications including gaskets, washers, seals and O-rings.
Haste & Paste:
Haste & paste is a two component sealant that consists of a polymer resin and an aluminum or copper based catalyst. It has the ability to bond on both water-based as well as solvent-based surfaces. The product finds application in various end-use industries such as construction, automotive, aerospace and electronics owing to its superior characteristics including high strength, toughness, adhesion & resistance along with quick curing time.
Application Insights:
Building and construction was the largest application segment in 2017, accounting for over 60% of the total revenue share. The growth can be attributed to increasing demand from residential, commercial and industrial construction projects across the globe. Pipe sealants are widely used in building and civil engineering applications owing to their ability to provide leakproof seal without any additional tools or equipment.
Pipe thread sealing is also known as pipe coupling as it provides a reliable method for joining pipes together without any leakageages during production or use of torque values between 75-150 Nm depending upon type of coupling selected by manufacturer. These products are coupled with flanges made up of steel alloys that have high resistance against corrosion & scaling making them ideal for harsh environment applications including chemical processing plants & petroleum refineries among others.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, especially in China and India. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the next eight years.
In North America, demand for piping products is likely to increase owing to growing infrastructure activities across various sectors including construction, chemical processing and petroleum refining among others. Stringent regulations regarding emission control as well as safety performance of automotive components are also expected drive product demand further over the coming years.
In Europe, technological advancements coupled with stringent environmental norms governing greenhouse gas emissions from vehicles has resulted in an increased focus on energy efficiency by governments across several countries including Germany, U-K.
Growth Factors:
- Increasing demand for pipe and thread sealants from the oil and gas industry as a result of increasing exploration and production activities.
- Rising demand for pipe and thread sealants in the automotive industry due to increase in vehicle production.
- Growing construction activities across the globe, which is expected to drive the demand for pipe and thread sealants over the forecast period.
- Increasing use of pipe and thread sealants in various industrial applications such as power generation, chemical processing, etc., owing to their properties such as high thermal stability, chemical resistance, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pipe and Thread Sealants Market Research Report
By Type
PTFE, Haste & Paste, Sealing Cord, Others
By Application
Building & Construction, Chemical Processing, Petroleum Refining, Pulp & Paper, Waste Treatment, Textile, Automotive, Others (including Industrial)
By Companies
Henkel Ag & Company KGaA, Hb Fuller Company, 3M Company, Deacon Industries, Inc, La-Co Industries, Inc, Hernon Manufacturing Inc, Swagelok Company, LASCO Fittings, Inc, Spears Manufacturing Company, RectorSeal
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Pipe and Thread Sealants Market Report Segments:
The global Pipe and Thread Sealants market is segmented on the basis of:
Types
PTFE, Haste & Paste, Sealing Cord, 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
Building & Construction, Chemical Processing, Petroleum Refining, Pulp & Paper, Waste Treatment, Textile, Automotive, Others (including Industrial)
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:
- Henkel Ag & Company KGaA
- Hb Fuller Company
- 3M Company
- Deacon Industries, Inc
- La-Co Industries, Inc
- Hernon Manufacturing Inc
- Swagelok Company
- LASCO Fittings, Inc
- Spears Manufacturing Company
- RectorSeal
Highlights of The Pipe and Thread 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:
- PTFE
- Haste & Paste
- Sealing Cord
- Others
- By Application:
- Building & Construction
- Chemical Processing
- Petroleum Refining
- Pulp & Paper
- Waste Treatment
- Textile
- Automotive
- Others (including Industrial)
- 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 Pipe and Thread 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Pipe and thread sealants are a type of sealant that is used to protect pipes and other threaded objects from leaks. They are typically made of a polymer or an elastomer, and they can be applied using a variety of techniques, including spraying, dipping, or brushing. Pipe and thread sealants can be used in both indoor and outdoor applications, and they are often recommended for use on water pipes, gas lines, oil pipelines, wastewater systems (including sewage treatment plants), air conditioning systems/systems piping/lines/tubes etc.
Some of the major companies in the pipe and thread sealants market are Henkel Ag & Company KGaA, Hb Fuller Company, 3M Company, Deacon Industries, Inc, La-Co Industries, Inc, Hernon Manufacturing Inc, Swagelok Company, LASCO Fittings, Inc, Spears Manufacturing Company, RectorSeal.
The pipe and thread 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 Pipe and Thread 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 Pipe and Thread Sealants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pipe and Thread 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 Pipe and Thread 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 Pipe and Thread Sealants Market Size & Forecast, 2018-2028
4.5.1 Pipe and Thread Sealants Market Size and Y-o-Y Growth
4.5.2 Pipe and Thread Sealants Market Absolute $ Opportunity
Chapter 5 Global Pipe and Thread 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 Pipe and Thread Sealants Market Size Forecast by Type
5.2.1 PTFE
5.2.2 Haste & Paste
5.2.3 Sealing Cord
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pipe and Thread 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 Pipe and Thread Sealants Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Chemical Processing
6.2.3 Petroleum Refining
6.2.4 Pulp & Paper
6.2.5 Waste Treatment
6.2.6 Textile
6.2.7 Automotive
6.2.8 Others (including Industrial)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pipe and Thread 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 Pipe and Thread 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 Pipe and Thread Sealants Analysis and Forecast
9.1 Introduction
9.2 North America Pipe and Thread 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 Pipe and Thread Sealants Market Size Forecast by Type
9.6.1 PTFE
9.6.2 Haste & Paste
9.6.3 Sealing Cord
9.6.4 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 Pipe and Thread Sealants Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Chemical Processing
9.10.3 Petroleum Refining
9.10.4 Pulp & Paper
9.10.5 Waste Treatment
9.10.6 Textile
9.10.7 Automotive
9.10.8 Others (including Industrial)
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 Pipe and Thread Sealants Analysis and Forecast
10.1 Introduction
10.2 Europe Pipe and Thread 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 Pipe and Thread Sealants Market Size Forecast by Type
10.6.1 PTFE
10.6.2 Haste & Paste
10.6.3 Sealing Cord
10.6.4 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 Pipe and Thread Sealants Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Chemical Processing
10.10.3 Petroleum Refining
10.10.4 Pulp & Paper
10.10.5 Waste Treatment
10.10.6 Textile
10.10.7 Automotive
10.10.8 Others (including Industrial)
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 Pipe and Thread Sealants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pipe and Thread 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 Pipe and Thread Sealants Market Size Forecast by Type
11.6.1 PTFE
11.6.2 Haste & Paste
11.6.3 Sealing Cord
11.6.4 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 Pipe and Thread Sealants Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Chemical Processing
11.10.3 Petroleum Refining
11.10.4 Pulp & Paper
11.10.5 Waste Treatment
11.10.6 Textile
11.10.7 Automotive
11.10.8 Others (including Industrial)
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 Pipe and Thread Sealants Analysis and Forecast
12.1 Introduction
12.2 Latin America Pipe and Thread 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 Pipe and Thread Sealants Market Size Forecast by Type
12.6.1 PTFE
12.6.2 Haste & Paste
12.6.3 Sealing Cord
12.6.4 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 Pipe and Thread Sealants Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Chemical Processing
12.10.3 Petroleum Refining
12.10.4 Pulp & Paper
12.10.5 Waste Treatment
12.10.6 Textile
12.10.7 Automotive
12.10.8 Others (including Industrial)
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) Pipe and Thread Sealants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pipe and Thread 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) Pipe and Thread Sealants Market Size Forecast by Type
13.6.1 PTFE
13.6.2 Haste & Paste
13.6.3 Sealing Cord
13.6.4 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) Pipe and Thread Sealants Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Chemical Processing
13.10.3 Petroleum Refining
13.10.4 Pulp & Paper
13.10.5 Waste Treatment
13.10.6 Textile
13.10.7 Automotive
13.10.8 Others (including Industrial)
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 Pipe and Thread Sealants Market: Competitive Dashboard
14.2 Global Pipe and Thread Sealants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel Ag & Company KGaA
14.3.2 Hb Fuller Company
14.3.3 3M Company
14.3.4 Deacon Industries, Inc
14.3.5 La-Co Industries, Inc
14.3.6 Hernon Manufacturing Inc
14.3.7 Swagelok Company
14.3.8 LASCO Fittings, Inc
14.3.9 Spears Manufacturing Company
14.3.10 RectorSeal
