Global Polyurethane Sealants Market for USD 2.30 billion in 2016 and is projected to grow at a CAGR of 5.5%.
Global Polyurethane sealants Market, By Type (One-Component Polyurethane Sealants, Two-Component Polyurethane Sealants); End User (Building & Construction, Automotive, General Industrial, Marine, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.
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What Are The Major Market Drivers and Restraints Polyurethane Sealants Market ?
• Growing automotive industry.
• Increasing demand from the developing countries.
• Polyurethane Sealants Bonding Leading to Revolutionary Advances in Safety and Ease of Application.
• Volatility in the raw material prices.
Important Segmentation Of Polyurethane Sealants Market:
1. Polyurethane sealants market is segmented on the basis of type into one-component polyurethane sealants, and two-component polyurethane sealants. Two-component polyurethane sealants are expected to grow at the highest CAGR over the forecast period.
2. On the basis of end user, the market is segmented into building & construction, automotive, general industrial, marine, and others. Building & construction segment is further segmented into glazing, flooring & joining application, sanitary and kitchen applications and others.
3. On the basis of geography, the polyurethane sealants market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacificis expected to dominate the market.
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Competitive Landscape Of Polyurethane Sealants Market:
Global polyurethane sealants market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Top Market Competitors Of Polyurethane Sealants Market:
Some of the major players of the Polyurethane Sealants Market are.
Splendor Industry Company Limited,
Akfix, Sika AG,
Hodgson Sealants (Holdings) Ltd.,
Henkel AG & Company,
Sunstar Engineering, Inc.,
PCI Augsburg GmbH
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Rigid Foam Market Global Industry Trends and Forecast to 2024.
Global Rigid Foam Market accounted for USD 61.18 billion in 2016 and is projected to grow at a CAGR of 8.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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