Market Overview:
The global multi-component sealants market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for multi-component sealants from various end-use industries, such as construction, automotive, aerospace & defense, wind power equipment, HVAC and household products. In terms of volume, the Asia Pacific region is expected to lead the global multi-component sealants market during the forecast period.
Product Definition:
Multi-component sealants are a type of adhesive that is made up of two or more components that are mixed together before application. The purpose of multi-component sealants is to create a bond between two surfaces that are not able to be bonded together using a traditional adhesive. Multi-component sealants can also be used to fill in gaps between two surfaces and provide extra protection against water and other elements.
Polyurethane:
Polyurethane (PU) is a polymer, which is produced by the reaction of urethane and plastic. It has high resistance to solvents, acids & bases and has excellent mechanical strength. Polyurethane exhibits good insulation properties with heat & sound transfer properties making it suitable for various end-use industries such as automotive, construction equipment industry among others.
The global polyurethane market size was valued at USD 25 billion in 2015.
Polysulfide:
Polysulfide is a chemical compound of sulfur and polyether. It is produced by the reaction between hydrogen sulfide (H2S) and polyether. Polysulfide has applications in sealants, adhesives, coatings, elastomers as well as other industrial sectors.
Application Insights:
The construction application segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The growth is attributed to increasing infrastructure development activities across various regions, including Asia Pacific, North America and Europe. In addition, favorable government policies related to housing & urban development are expected to drive product demand in this segment over the forecast period.
The automotive sector is also likely to witness significant growth over the coming years owing to increasing production levels of passenger cars and commercial vehicles across various countries including China India Japan South Korea Australia Indonesia Malaysia Philippines Russia Spain Thailand Vietnam U.S.
Regional Analysis:
Asia Pacific was the largest market for multi-component sealants in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure activities coupled with growing automotive industry in countries such as China, India, Japan, and South Korea. In addition, rising construction activities due to rapid urbanization are also likely to drive demand for these products in Asia Pacific during the forecast period.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to increasing government spending on infrastructure projects along with a rise in foreign investments especially from Saudi Arabia and UAE which are driving demand for various types of sealants used across various industries including aerospace & defense, wind power equipment etc.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising demand for eco-friendly and recyclable products
- Technological advancements in sealant manufacturing process
- Growing awareness about the benefits of multi-component sealants
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-component Sealants Market Research Report
By Type
Polyurethane, Polysulfide, Silicone, Acrylic, Latex, Epoxy, Butyl, Other
By Application
Construction, Automotive, Aerospace & Defense, Wind Power Equipment, HVAC, Household Products, Other
By Companies
DowDuPont, Pecora, B. Fuller, Sika, Lord, 3M, Arkema, Henkel, Franklin International, Krayden
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Multi-component Sealants Market Report Segments:
The global Multi-component Sealants market is segmented on the basis of:
Types
Polyurethane, Polysulfide, Silicone, Acrylic, Latex, Epoxy, Butyl, Other
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, Automotive, Aerospace & Defense, Wind Power Equipment, HVAC, Household Products, 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:
- DowDuPont
- Pecora
- B. Fuller
- Sika
- Lord
- 3M
- Arkema
- Henkel
- Franklin International
- Krayden
Highlights of The Multi-component 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:
- Polyurethane
- Polysulfide
- Silicone
- Acrylic
- Latex
- Epoxy
- Butyl
- Other
- By Application:
- Construction
- Automotive
- Aerospace & Defense
- Wind Power Equipment
- HVAC
- Household Products
- 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 Multi-component 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.
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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?
Multi-component sealants are a type of sealant that contain more than one component. Multi-component sealants can be made from a variety of materials, including silicone, urethane, and acrylic. They are often used to repair or protect surfaces such as concrete, metal, and plastic.
Some of the major companies in the multi-component sealants market are DowDuPont, Pecora, B. Fuller, Sika, Lord, 3M, Arkema, Henkel, Franklin International, Krayden.
The multi-component sealants market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-component Sealants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-component Sealants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-component Sealants Market - Supply Chain
4.5. Global Multi-component Sealants Market Forecast
4.5.1. Multi-component Sealants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-component Sealants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-component Sealants Market Absolute $ Opportunity
5. Global Multi-component Sealants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-component Sealants Market Size and Volume Forecast by Type
5.3.1. Polyurethane
5.3.2. Polysulfide
5.3.3. Silicone
5.3.4. Acrylic
5.3.5. Latex
5.3.6. Epoxy
5.3.7. Butyl
5.3.8. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-component Sealants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-component Sealants Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Automotive
6.3.3. Aerospace & Defense
6.3.4. Wind Power Equipment
6.3.5. HVAC
6.3.6. Household Products
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-component Sealants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-component Sealants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-component Sealants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-component Sealants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-component Sealants Demand Share Forecast, 2019-2026
9. North America Multi-component Sealants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-component Sealants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-component Sealants Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Automotive
9.4.3. Aerospace & Defense
9.4.4. Wind Power Equipment
9.4.5. HVAC
9.4.6. Household Products
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-component Sealants Market Size and Volume Forecast by Type
9.7.1. Polyurethane
9.7.2. Polysulfide
9.7.3. Silicone
9.7.4. Acrylic
9.7.5. Latex
9.7.6. Epoxy
9.7.7. Butyl
9.7.8. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-component Sealants Demand Share Forecast, 2019-2026
10. Latin America Multi-component Sealants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-component Sealants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-component Sealants Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Automotive
10.4.3. Aerospace & Defense
10.4.4. Wind Power Equipment
10.4.5. HVAC
10.4.6. Household Products
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-component Sealants Market Size and Volume Forecast by Type
10.7.1. Polyurethane
10.7.2. Polysulfide
10.7.3. Silicone
10.7.4. Acrylic
10.7.5. Latex
10.7.6. Epoxy
10.7.7. Butyl
10.7.8. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-component Sealants Demand Share Forecast, 2019-2026
11. Europe Multi-component Sealants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-component Sealants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-component Sealants Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Automotive
11.4.3. Aerospace & Defense
11.4.4. Wind Power Equipment
11.4.5. HVAC
11.4.6. Household Products
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-component Sealants Market Size and Volume Forecast by Type
11.7.1. Polyurethane
11.7.2. Polysulfide
11.7.3. Silicone
11.7.4. Acrylic
11.7.5. Latex
11.7.6. Epoxy
11.7.7. Butyl
11.7.8. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-component Sealants Demand Share, 2019-2026
12. Asia Pacific Multi-component Sealants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-component Sealants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-component Sealants Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Automotive
12.4.3. Aerospace & Defense
12.4.4. Wind Power Equipment
12.4.5. HVAC
12.4.6. Household Products
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-component Sealants Market Size and Volume Forecast by Type
12.7.1. Polyurethane
12.7.2. Polysulfide
12.7.3. Silicone
12.7.4. Acrylic
12.7.5. Latex
12.7.6. Epoxy
12.7.7. Butyl
12.7.8. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-component Sealants Demand Share, 2019-2026
13. Middle East & Africa Multi-component Sealants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-component Sealants Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-component Sealants Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Automotive
13.4.3. Aerospace & Defense
13.4.4. Wind Power Equipment
13.4.5. HVAC
13.4.6. Household Products
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-component Sealants Market Size and Volume Forecast by Type
13.7.1. Polyurethane
13.7.2. Polysulfide
13.7.3. Silicone
13.7.4. Acrylic
13.7.5. Latex
13.7.6. Epoxy
13.7.7. Butyl
13.7.8. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-component Sealants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-component Sealants Market: Market Share Analysis
14.2. Multi-component Sealants Distributors and Customers
14.3. Multi-component Sealants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DowDuPont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pecora
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. B. Fuller
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sika
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lord
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. 3M
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arkema
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Henkel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Franklin International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Krayden
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
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