Press release
Structural Sealants Market 2018 by Leading Key Players BASF SE (Germany), Asian Paints Limited (India), Pidilite Industries, Ltd (U.S.), Roberlo (Spain), AKEMI (Germany), Chemence Ltd. (UK), H.B Fuller (U.S), Dow Corning Corp
Structural Sealants Market
The sealants segment is estimated to account for 34.00% in the global market in 2017. Some of the leading applications of structural sealants comprises, building & construction, automotive, marine & aerospace, and other industries. The construction & automotive industries are estimated to dominate the market owing to higher use in the structural applications in such industries. Moreover, the global market is expected to expand, owing to the projected increasing automotive production, and construction activities in developing countries in Asia-Pacific over the forecast period. In addition to this, growing trend of automotive lightweighting due to increasing fuel efficiency regulation is anticipated to spur overall market growth over the forecast period. Owing to such factors, the overall market is slated to expand at a CAGR of 5.41% and reach USD 4.077.0 mn by 2023 end.
Get sample Report @ https://www.marketresearchfuture.com/sample_request/4260
Structural sealants refer to substances used to join surfaces to form a load bearing structure. Such type of sealants is being used in various high strength applications in order to replace conventional fasteners. These sealants are a self-primer, stable and neutral cure for different structural substrates. Various high-performance materials including silicone, polysulfide, polyurethane, and acrylic are used as structural sealants. Among these type, silicon is the most prominent type of structural sealant used in wide variety of applications.
Regional Analysis:
Geographically, the global structural sealants market is divided into five main regions, namely — North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific region has accounted the largest market share in 2016 followed by Europe and North America. Moreover, the region is anticipated to retain its dominance throughout the forecast period. Asia Pacific region offers a significant growth potential for structural sealants market and is slated to register the highest CAGR of 5.69%, owing to the growing prominence of automotive and construction industries in the region. Moreover, country wise, China accounted for the largest market share of 44.45% in 2016 in the region and is expected to reach USD 201.5 million by the end of 2023.
Segmentation:
The global structural sealants market is segmented on the basis of resin type, end-user, and region. Based on resin type, the global structural sealants market is segmented as silicone, polysulfide, polyurethane, acrylic, and others. On the basis of end-users, the market is divided into building & construction, automotive, marine & aerospace, and general industry. Additionally, based on geography the global market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Geographically, Asia-Pacific structural sealants market is dominating the global market, estimated to account for the highest market share of 42.11% in 2017. The high market value share is attributed to the presence of a large number of construction and automotive manufacturers in the region. China and India are the most prominent markets in Asia-Pacific. Cumulatively, the markets accounted for around 60% value market share in overall Asia-Pacific structural sealants market in 2016. In the region, automotive and construction industries are set to drive the demand for structural sealants, owing to increasing passenger vehicles production and growing construction activities in the region.
Structural sealants refer to substances used to join surfaces to form a load bearing structure. Such type of sealants is being used in various high strength applications in order to replace conventional fasteners. These sealants are a self-primer, stable and neutral cure for different structural substrates. Various high-performance materials including silicone, polysulfide, polyurethane, and acrylic are used as structural sealants. Among these type, silicon is the most prominent type of structural sealant used in wide variety of applications.
Talk to our Research expert @ https://www.marketresearchfuture.com/enquiry/4260
Regional Analysis:
Geographically, the global structural sealants market is divided into five main regions, namely — North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific region has accounted the largest market share in 2016 followed by Europe and North America. Moreover, the region is anticipated to retain its dominance throughout the forecast period. Asia Pacific region offers a significant growth potential for structural sealants market and is slated to register the highest CAGR of 5.69%, owing to the growing prominence of automotive and construction industries in the region. Moreover, country wise, China accounted for the largest market share of 44.45% in 2016 in the region and is expected to reach USD 201.5 million by the end of 2023.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar, Pune - 411028
Maharashtra, India
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Structural Sealants Market 2018 by Leading Key Players BASF SE (Germany), Asian Paints Limited (India), Pidilite Industries, Ltd (U.S.), Roberlo (Spain), AKEMI (Germany), Chemence Ltd. (UK), H.B Fuller (U.S), Dow Corning Corp here
News-ID: 1200639 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Asia
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets.
Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
