A sealant is a material used for sealing something to make it watertight or airtight. It fills gaps, allows expansion and contraction of building materials, and enhances aesthetics. In the building and construction industry, a sealant is taken to be same as caulking, and it helps in blocking dust, sound, and heat transmission. Polyurethane sealants are organic compounds generated as a result of a reaction between glycol and isocyanate. These sealants are used for sealing, waterproofing decks, trims, and wood flooring. Polyurethane sealants are of two types, namely, one component and two component. One component polyurethanes sealants find their applications in sealing roofs, electrical cable an in plumbing. Two-component polyurethane sealants are used in industries where there is a need for rapid property development.
MARKET DYNAMICS
An enormous increase in demand for high performance materials with highly moisture resistant and esthetic appeal characteristics is driving the growth in polyurethane sealants market. Along with this, revolutionary advances in safety, and ease of application as a result of polyurethane sealant bonding has also propelled the growth in the market. However, a rise in prices of raw materials such as toluene diisocyanate, succinic acid, polyols, etc., coupled with volatility in crude oil prices has hampered the overall growth of the polyurethane sealants market. Rising interest of consumers towards bio-based polyurethane sealants with low VOC emissions is a factor anticipated to propel the polyurethane sealants market during the coming years.
MARKET SCOPE
The "Global Polyurethane sealants Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyurethane sealants market with detailed market segmentation by type, end use industry and geography. The global polyurethane sealants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyurethane sealants players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyurethane sealants market is segmented on the basis of type, end use industry and geography. On the basis of type, the market classify into one component, two component and others. On the basis of end use industry the market is broken into building & construction, automotive, general industrial, marine and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the polyurethane sealants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyurethane sealants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyurethane sealants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyurethane sealants market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the polyurethane sealants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyurethane sealants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyurethane sealants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyurethane sealants market in these regions.
MARKET PLAYERSThe reports cover key developments in the polyurethane sealants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyurethane sealants market are anticipated to lucrative growth opportunities in the future with the rising demand for polyurethane sealants in the global market. Below mentioned is the list of few companies engaged in the polyurethane sealants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyurethane sealants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arkema S.A.
- BASF
- Hodgson Sealants
- Kommerling Chemische Fabrik Kg
- Mapei S.p.A.
- PCI Augsburg GmbH
- Selena Co., SA
- Sika AG
- Splendor Industry Company Limited
- Sunstar Engineering, Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Polyurethane Sealants Market - By Type
1.3.2 Polyurethane Sealants Market - By End use industry
1.3.3 Polyurethane Sealants Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. POLYURETHANE SEALANTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. POLYURETHANE SEALANTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. POLYURETHANE SEALANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. POLYURETHANE SEALANTS - GLOBAL MARKET OVERVIEW
6.2. POLYURETHANE SEALANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POLYURETHANE SEALANTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ONE COMPONENT
7.3.1. Overview
7.3.2. One component Market Forecast and Analysis
7.4. TWO COMPONENT
7.4.1. Overview
7.4.2. Two component Market Forecast and Analysis
8. POLYURETHANE SEALANTS MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. BUILDING AND CONSTRUCTION
8.3.1. Overview
8.3.2. Building and Construction Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. GENERAL INDUSTRIAL
8.5.1. Overview
8.5.2. General Industrial Market Forecast and Analysis
8.6. MARINE
8.6.1. Overview
8.6.2. Marine Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. POLYURETHANE SEALANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Polyurethane Sealants Market Overview
9.1.2 North America Polyurethane Sealants Market Forecasts and Analysis
9.1.3 North America Polyurethane Sealants Market Forecasts and Analysis - By Type
9.1.4 North America Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.1.5 North America Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Polyurethane Sealants Market
9.1.5.1.1 Canada Polyurethane Sealants Market by Type
9.1.5.1.2 Canada Polyurethane Sealants Market by End use industry
9.1.5.2 Mexico Polyurethane Sealants Market
9.1.5.2.1 Mexico Polyurethane Sealants Market by Type
9.1.5.2.2 Mexico Polyurethane Sealants Market by End use industry
9.1.5.3 US Polyurethane Sealants Market
9.1.5.3.1 US Polyurethane Sealants Market by Type
9.1.5.3.2 US Polyurethane Sealants Market by End use industry
9.2. EUROPE
9.2.1 Europe Polyurethane Sealants Market Overview
9.2.2 Europe Polyurethane Sealants Market Forecasts and Analysis
9.2.3 Europe Polyurethane Sealants Market Forecasts and Analysis - By Type
9.2.4 Europe Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.2.5 Europe Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Polyurethane Sealants Market
9.2.5.1.1 Germany Polyurethane Sealants Market by Type
9.2.5.1.2 Germany Polyurethane Sealants Market by End use industry
9.2.5.2 France Polyurethane Sealants Market
9.2.5.2.1 France Polyurethane Sealants Market by Type
9.2.5.2.2 France Polyurethane Sealants Market by End use industry
9.2.5.3 Italy Polyurethane Sealants Market
9.2.5.3.1 Italy Polyurethane Sealants Market by Type
9.2.5.3.2 Italy Polyurethane Sealants Market by End use industry
9.2.5.4 United Kingdom Polyurethane Sealants Market
9.2.5.4.1 United Kingdom Polyurethane Sealants Market by Type
9.2.5.4.2 United Kingdom Polyurethane Sealants Market by End use industry
9.2.5.5 Russia Polyurethane Sealants Market
9.2.5.5.1 Russia Polyurethane Sealants Market by Type
9.2.5.5.2 Russia Polyurethane Sealants Market by End use industry
9.2.5.6 Rest of Europe Polyurethane Sealants Market
9.2.5.6.1 Rest of Europe Polyurethane Sealants Market by Type
9.2.5.6.2 Rest of Europe Polyurethane Sealants Market by End use industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Polyurethane Sealants Market Overview
9.3.2 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis
9.3.3 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.3.5 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Polyurethane Sealants Market
9.3.5.1.1 Australia Polyurethane Sealants Market by Type
9.3.5.1.2 Australia Polyurethane Sealants Market by End use industry
9.3.5.2 China Polyurethane Sealants Market
9.3.5.2.1 China Polyurethane Sealants Market by Type
9.3.5.2.2 China Polyurethane Sealants Market by End use industry
9.3.5.3 India Polyurethane Sealants Market
9.3.5.3.1 India Polyurethane Sealants Market by Type
9.3.5.3.2 India Polyurethane Sealants Market by End use industry
9.3.5.4 Japan Polyurethane Sealants Market
9.3.5.4.1 Japan Polyurethane Sealants Market by Type
9.3.5.4.2 Japan Polyurethane Sealants Market by End use industry
9.3.5.5 South Korea Polyurethane Sealants Market
9.3.5.5.1 South Korea Polyurethane Sealants Market by Type
9.3.5.5.2 South Korea Polyurethane Sealants Market by End use industry
9.3.5.6 Rest of Asia-Pacific Polyurethane Sealants Market
9.3.5.6.1 Rest of Asia-Pacific Polyurethane Sealants Market by Type
9.3.5.6.2 Rest of Asia-Pacific Polyurethane Sealants Market by End use industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Polyurethane Sealants Market Overview
9.4.2 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis
9.4.3 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.4.5 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Polyurethane Sealants Market
9.4.5.1.1 South Africa Polyurethane Sealants Market by Type
9.4.5.1.2 South Africa Polyurethane Sealants Market by End use industry
9.4.5.2 Saudi Arabia Polyurethane Sealants Market
9.4.5.2.1 Saudi Arabia Polyurethane Sealants Market by Type
9.4.5.2.2 Saudi Arabia Polyurethane Sealants Market by End use industry
9.4.5.3 U.A.E Polyurethane Sealants Market
9.4.5.3.1 U.A.E Polyurethane Sealants Market by Type
9.4.5.3.2 U.A.E Polyurethane Sealants Market by End use industry
9.4.5.4 Rest of Middle East and Africa Polyurethane Sealants Market
9.4.5.4.1 Rest of Middle East and Africa Polyurethane Sealants Market by Type
9.4.5.4.2 Rest of Middle East and Africa Polyurethane Sealants Market by End use industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Polyurethane Sealants Market Overview
9.5.2 South and Central America Polyurethane Sealants Market Forecasts and Analysis
9.5.3 South and Central America Polyurethane Sealants Market Forecasts and Analysis - By Type
9.5.4 South and Central America Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.5.5 South and Central America Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Polyurethane Sealants Market
9.5.5.1.1 Brazil Polyurethane Sealants Market by Type
9.5.5.1.2 Brazil Polyurethane Sealants Market by End use industry
9.5.5.2 Argentina Polyurethane Sealants Market
9.5.5.2.1 Argentina Polyurethane Sealants Market by Type
9.5.5.2.2 Argentina Polyurethane Sealants Market by End use industry
9.5.5.3 Rest of South and Central America Polyurethane Sealants Market
9.5.5.3.1 Rest of South and Central America Polyurethane Sealants Market by Type
9.5.5.3.2 Rest of South and Central America Polyurethane Sealants Market by End use industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. POLYURETHANE SEALANTS MARKET, KEY COMPANY PROFILES
11.1. ARKEMA S.A.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HODGSON SEALANTS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KöMMERLING CHEMISCHE FABRIK KG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MAPEI S.P.A.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PCI AUGSBURG GMBH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SELENA CO., SA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SIKA AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SPLENDOR INDUSTRY COMPANY LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SUNSTAR ENGINEERING,INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Arkema S. A.
2. BASF
3. Hodgson Sealants
4. Kommerling Chemische Fabrik Kg
5. Mapei S. p. A.
6. PCI Augsburg GmbH
7. Selena Co. , SA
8. Sika AG
9. Splendor Industry Company Limited
10. Sunstar Engineering,Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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