Press release
High Temperature Sealants Market Size Share - Industry Trends and Forecast 2017 - 2025
A high temperature sealant is a substance which is used to block the passage of fluids through a surface or joints in materials. High temperature sealants are emerging as a substitute to adhesives in several manufacturing industries, as they typically have lower strength and higher elongation as compared to adhesives. High temperature sealants are majorly utilized for a variety of metal surfaces such as aluminum, tin, steel, and iron. They are also employed for various applications such as fire protection equipment, installation of ceramic flue liners, jointing vermiculite, construction and high temperature plasterboards.
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Factors such as increase in demand for electrical components in industrial applications is a major driver of the market. Properties such as extreme temperature resistance, high durability, and excellent bond strength makes high temperature sealants suitable to be utilized in automotive and construction industries. This, in turn, is likely to boost the demand in these industries during the forecast period.
Additionally, increasing automobile production in countries such as China, India, and Japan is also attributed to drive the market. Rapid expansion of electrical and electronics and construction industries is also fueling the demand for high-temperature sealants across the globe. The global high temperature sealants market has witnessed numerous growth opportunities over the last few years and is estimated to expand at a significant pace during the forecast period.
Volatile raw material prices and availability of substitutes are major factors restraining the market. Furthermore, the need to paint twice after application of silicone is a major hindrance in the expansion of the high temperature sealants market.
Based on chemistry, the global high sealants market is segregated into silicone, epoxy, and others. It is widely employed in industrial construction, as it blocks dust, sound, and heat transmission.
In terms of application, the high temperature sealants market can be segmented into electrical and electronics products, industrial uses, automotive, transportation, construction, and others. High temperature sealants are largely utilized for dressing or manufacturing materials in electronics and electrical assemblies. They also help in easy maintenance of clamping loads and lends a leak-proof characteristics in electronics, automotive, and transportation industries.
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In terms of geography, the global high temperature sealants market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Among these, The countries in Asia Pacific such as China, Japan, and India are witnessing a significant demand for high temperature sealants due to the rise in electronics and automotive industries base. These nations are focusing on market strategies such as mergers, acquisitions, and increasing partnerships. A major emphasis has been on technological advancements, innovations, and R&D activities to grab considerable market opportunities. They are also focusing on strengthening their market capabilities in terms of their manufacturing and industrial base.
Key players operating in the high temperature sealants market are Dow Corning Corporation, HB Fuller, Bostik SA, CSW industries Inc., 3M Company, Henkel AG & Co., Wacker Chemie AG, Sika AG, and PPG Industries Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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