The Polyurethane Sealants Market is segmented by Type (One-Component, Two-Component), by End-Use Industry Type (Building and Construction, Automotive, General Industrial, Marine, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The Polyurethane Sealants Market is segmented by Type (One-Component, Two-Component), by End-Use Industry Type (Building and Construction, Automotive, General Industrial, Marine, and Others), and by Region ...
The Polyurethane Sealants Market was estimated at US$ 2.57 billion in 2022 and is expected to grow at a CAGR of 4.1% during 2023-2028 to reach US$ 3.29 billion in 2028.
Polyurethane sealants are synthetic polymer-based materials commonly used to seal gaps and joints in construction and automotive applications. These sealants come in liquid form and cure to form a flexible and durable seal. They are known for their strong adhesion to various surfaces, including concrete, wood, metal, and glass.
Market Dynamics
Key features of polyurethane sealants include their flexibility, which allows them to accommodate joint movements without cracking, and their resistance to weather, UV radiation, and extreme temperatures. This makes them ideal for sealing expansion joints in buildings, bridges, and other structures. They are also valued for their waterproofing properties, making them suitable for applications in wet or moist environments, such as bathrooms and kitchens. Polyurethane sealants contribute to the longevity and structural integrity of various projects. The growing building & construction industry and the high demand for polyurethane sealants in the automotive and other end-use industries drive the market globally.
Segments Analysis
By Type
The polyurethane sealants market is segmented as one-component and two-component. The one-component segment is estimated to lead the market in the coming five years. Further, the two-component segment is increasingly used in various civil applications which strengthens the market.
By End-Use Industry Type
The market is segmented as building & construction, automotive, general industrial, marine, and others. The building & construction industry held the largest market in terms of volume, followed by the automotive segment. The growing demand for polyurethane sealants in various end-use industries drives the growth of this segment.
Regional Analysis
In terms of regions, Asia-Pacific is expected to have the highest growth in the polyurethane sealants market in the coming five years in terms of both value and volume. China and India are the growth engines of the region. The high demand for polyurethane sealants from the building & construction industry drives the market during the forecast period. North America and Europe also offer considerable growth opportunities in the coming five years.
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Key Players
Some of the polyurethane sealant manufacturers are-
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Report Features
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Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Polyurethane Sealants Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market Segment Analysis and Forecast
Who are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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The 3M Company, Arkema S.A., Sika AG, H.B. Fuller, Henkel AG & Company, KGaA, BASF SE, The DOW Chemical Company, Mapei S.P.A., Asian Paints Limited, Itw Polymer Sealants North America Inc., Soudal N.V., and Pidilite Industries Limited are among the key players in the polyurethane sealants market.
