Press release
Polyurethane Sealants Market is expected to cross over USD 3.95 Billion by 2029, Size, Trends, Competitive Analysis and Regional Forecast 2022-2029
Polyurethane Sealants Market Overview:Polyurethane sealant is one of the most widely used technology for both new construction and renovation projects. Developments and Advancements in Polyurethane Sealants have made it one of the strongest and most resilient adhesives and binding agents in the construction building material industry. Polyurethane Sealants are extensively used in various commercial, residential, and industrial applications including isolation joints, roofing, foundation, gutters, expansion and control joints, and others.
The global Polyurethane Sealants Market has grown at USD 2.50 Billion in 2020 and is projected to USD 3.95 Billion by 2029, achieve a healthy global CAGR of 5.2% during the forecast period 2022-2029.
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The global polyurethane sealants market is projected to witness significant growth from 2022 to 2029 (forecast period). Increasing building and construction activities and growing automotive demand have resulted in increased demand for polyurethane sealants, which is expected to drive the global polyurethane sealants market. Moreover, strong demand for polyurethane sealants from end-use industries in nations throughout the world is likely to boost the polyurethane sealant market.
Polyurethane Sealants Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Henkel AG & Company, BASF SE, Arkema S.A., The Dow Chemical Company, PCI Augsburg Gmbh, Hodgson Sealants, Pidilite Industries Limited, ITW Polymers Sealants North America, Asian Paints Limited, EMS-CHEMIE HOLDING AG, Splendor Industry Company Limited, Sun and Others
Acquisitions/Technology Launches
In January, 2020 Hodgson Sealants launched a new highly elastic hybrid sealant- HY-SPEC® 25 for interior and exterior perimeter sealing of windows and doors applications.
In January, 2019 Chemique Adhesives and Sealants Ltd. developed new single component, fast curing polyurethane sealing and bonding compound ideal for a variety of industries where movement and vibration are of major concern.
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Polyurethane Sealants Market Segmentation:
Polyurethane Sealants Market by Type, 2020-2029, (USD Million)
One-Component Polyurethane Sealants
Two-Component Polyurethane Sealants
Polyurethane Sealants Market by Application, 2020-2029, (USD Million)
Glazing
Flooring and Joining
Concrete Joints
Sanitary and Kitchen
Submerged
Polyurethane Sealants Market by End-User, 2020-2029, (USD Million)
Building & Construction
Automotive
General Industrial
Marine
Others
Growth Factors:
Increasing demand from the Polyurethane Sealants industries
The growing use of Polyurethane Sealants in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Polyurethane Sealants Market
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Polyurethane Sealants Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Polyurethane Sealants Market Trends
- The report identifies, determines, and forecasts the Global Polyurethane Sealants Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Polyurethane Sealants Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Polyurethane Sealants Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Polyurethane Sealants Market.
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