Press release
Dow Corning, 3M, Bostik, Henkel, RPM International Inc., Sika Profiled in Marine Sealants Market Report 2018-2024
GMI
Global industry share is highly competitive with the key industry players including Bostik, 3M, Dow Corning, Sika AG, Henkel AG and SABA. Product innovations for sustainable & ecofriendly applications along with joint ventures and acquisitions are the key strategies adopted by the manufacturers.
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Marine sealants market share was led by polysulfide accounting for over 50% in 2016. Durable elastomeric seal along with superior properties under prolonged immersion conditions has stimulated the product penetration. Potential applications in assembly of fishing vessels, heavy duty ships, and cruises will drive the overall industry size.
Deck to hull application generated more than 20 kilotons in 2016. Short clamping time, high strength, solvent free and superior performance under high temperature will support the business growth.
Cargo ships accounted for more than 55% of the global marine sealants market share in 2016. Expansion in seaborne fleet along with increasing shipments for numerous consumer products has fueled the industry growth. Tankers are estimated to witness gains over 3.5% up to 2024. Increasing trade of natural gas, crude oil, LNG, product oil will propel the marine sealants market growth. Europe market is estimated to worth over USD 150 Million by 2024. Changing lifestyles along with shifting government focus on tourism development are the key driving factors of the industry demand.
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North America marine sealants market will grow at 3.8% up to 2024. Increasing R&D spending and technological advancement to develop application specific products has enhanced the product penetration. Additionally, increasing shipbuilding orders for military ships is the key factor driving the regional demand.
Report Content
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Marine sealants market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Application trends
2.1.4. Type trends
2.1.5. End-use trends
2.1.6. Regional trends
Chapter 3. Marine Sealants Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Role
3.3.3.2. Product portfolio
3.3.3.3. Global footprints
3.4. Regulatory landscape
3.4.1. U.S.
3.4.2. Europe
3.4.3. China
3.5. Technology landscape
3.6. Raw material analysis
3.6.1. Silicone
3.6.2. Polyurethane
3.6.3. Polysulfide
3.6.4. Butyl
3.6.5. Others
3.7. Industry best practices & key buying criteria
3.8. Pricing analysis
3.8.1. North America
3.8.2. Europe
3.8.3. Asia Pacific
3.8.4. LATAM
3.8.5. MEA
3.8.6. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers, by region
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. LATAM
3.9.1.5. MEA
3.9.2. Industry pitfalls & challenges
3.10. Global adhesives & sealants industry overview
3.10.1. Trends
3.10.2. Consumer requirements
3.10.3. Global adhesives & sealants market analysis & forecast, 2016 - 2024
3.11. Innovation & sustainability
3.12. Growth potential analysis
3.13. Competitive landscape, 2016
3.13.1. Market share analysis
3.13.2. Strategy dashboard
3.13.3. Key stake holders
3.14. Porter's analysis
3.15. PESTEL analysis
Chapter 4. Marine Sealants Market, By Material
4.1. Global marine sealants market by material, 2016 & 2024
4.2. Silicone
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Polyurethane
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013–2024
4.4. Polysulfide
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013–2024
4.5. Butyl
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013–2024
4.6. Others (SMP)
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013–2024
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