Press release
2020 Automotive Sealant Market: Covering Prime Factors and Leading Key Players (Sumitomo Chemical, Cooper Standard, Magna, Toyoda Gosei) | Competitive Outlook Till 2025
Automotive Sealant Market
Overview of Global Automotive Sealant Market:
This report studies the Global Automotive Sealant Market over the forecast period of 2020 to 2025. The Global Automotive Sealant Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2020 to 2025.
One of the most important key factor drives the growth of the Global Automotive Sealant Market is growing automotive industry. In addition, sealants find various uses in an automobile which includes insulation matting, fixing the car upholstery, fixing the acoustic insulation parts in car the doors, cladding of door panels, and many more. The sealants are used in cases where high elongation is needed but with moderate adhesion. The water-based sealants are used widely and hence there are chances of new areas of opportunities to open in the Automotive Sealant Market in the near future.
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The Global Automotive Sealant Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Automotive Sealant Market is sub-segmented into Acrylic, PVA, Silicones, Polyurethanes and others. On the basis of Application, the Global Automotive Sealant Market is classified into Exterior, Interior, Electronics and others.
In terms of the geographic analysis, The Automotive Sealant Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Automotive Sealant Market ecosystem results in the increasing adoption of these systems in North America.
Global Automotive Sealant Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Automotive Sealant Market
2 To analyze and forecast the size of the Automotive Sealant Market, in terms of value and volume
3 To analyze opportunities in the Automotive Sealant Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Automotive Sealant Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Automotive Sealant Market
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Automotive Sealant Market Report 2020” @ https://www.businessindustryreports.com/buy-now/263569/single .
Top Leading Key Manufacturers are: Cooper Standard, Magna International, Toyoda Gosei, Henniges Automotive Holdings, Hutchinson Automotive, Sumitomo Chemical and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Global Industry News:
Sumitomo Chemical (June 18, 2020) - Sumitomo Chemical's new resin heat storage material, HEATORAGE, was adopted in a sheet-type phase change material of a building materials manufacturer - This is to announce that HEATORAGE, a resin heat storage material developed by Sumitomo Chemical Co., Ltd., has been adopted in a sheet-type phase change material (PCM) launched by a building materials manufacturer. This is the first time that any product that uses HEATORAGE is being sold and deployed in a society.
HEATORAGE is a resin designed to absorb or release the latent heat at a specified temperature range from 20°C to 50°C, using phase change, and it can be easily molded by extrusion, injection, and spinning. As its solid form can be maintained within a specified storage temperature range even after being molded, HEATORAGE does not have to be placed and sealed in containers (in the form of aluminum packs, plastic containers, or capsules) to avoid leakage at the time of liquefaction after heat storage, as would otherwise be the case of conventional low molecular heat storage materials. This allows a high degree of freedom in processing, including cutting and nailing of molded heat storage materials.
The use of PCM is generally limited to the winter season. Meanwhile, issues we have in summer are that, since the daytime temperature of the rooftop surface is considerably higher than the outdoor air temperature, it leads to a rise in room temperature, and that, once the heat enters a room, it tends to stay there during the night. In recent years, the building materials field saw a growing demand for energy saving and increased comfort in houses. Against this backdrop, Sumitomo Chemical and the building materials manufacturer have examined ways to use HEATORAGE as a material to overcome the lack of heat insulation ability of roofs in summer, one of the weak points of Japanese houses. As a result, the companies have discovered that sandwiching PCM between plastic foam insulation materials (roofing materials) can dramatically reduce indoor penetration of heat at the peak time of summer solar radiation, lessen the cooling load of air conditioning, and save energy throughout the day. This discovery led to the adoption of HEATORAGE in a PCM product.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Automotive Sealant in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Automotive Sealant Market Report 2020
1 Automotive Sealant Product Definition
2 Global Automotive Sealant Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Automotive Sealant Shipments
2.2 Global Manufacturer Automotive Sealant Business Revenue
2.3 Global Automotive Sealant Market Overview
3 Manufacturer Automotive Sealant Business Introduction
3.1 Cooper Standard Inc. Automotive Sealant Business Introduction
3.2 Magna International Automotive Sealant Business Introduction
3.3 Toyoda Gosei Co., Ltd. Automotive Sealant Business Introduction
3.4 Henniges Automotive Holdings Inc. Automotive Sealant Business Introduction
3.5 Hutchinson Automotive Automotive Sealant Business Introduction
3.6 Sumitomo Chemical Co. Ltd. Automotive Sealant Business Introduction
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