LATIN AMERICA SEALANTS MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

LATIN AMERICA SEALANTS MARKET 2021-2028

Market by Sealant Type, End-user, and Country | Forecast 2021-2028

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According to Triton’s report, the Latin American sealants market is likely to thrive at a CAGR of 5.51% based on revenue in the reviewed years of 2021-2028. During the same period, the market is probable to register growth in volume at a CAGR of 4.32%. 


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The countries scrutinized in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

In Latin America, the sealants market is growing at a fast pace, owing to the continual development in the construction and automotive industries. Moreover, the sealants market growth is likely to be motivated by industrial machinery and its applications in consumer goods. Positive economic recovery in the region has led to a substantial increase in the purchasing power of the consumers, which also fuels the regional market’s growth to a large extent. Above all, the oil price recovery will support government spending, in turn, improving the demand for sealants across Latin America.

In Brazil, for instance, the automotive sector is proliferating, which is anticipated to influence the use of sealants for automotive applications majorly. Additionally, the government has initiated multiple programs owing to the reduction in public investments in infrastructural projects. For instance, the Program of Investment Partnerships has helped in extending and strengthening the private sector and state relationships through partnership programs. Hence, the surge in government investments, along with the growing demand for housing, is likely to improve the demand for sealants across Brazil, simultaneously contributing to the sealants market’s evolution.

Arkema SA is involved in the production and distribution of chemical products to its large consumer base. The company’s product portfolio includes biobased materials, composites, adhesives, healthcare, and coatings, among others. Moreover, it serves various industries, including automotive, consumer goods, construction, electrical, packaging, and health. Bostik 1143 is a butyl sealant used for several roofing applications, which is among the wide range of products provided by the company. It has its operations in multiple regions, including Latin America. 

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Table of Content

1.    LATIN AMERICA SEALANTS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON SEALANTS MARKET

2.2. KEY INSIGHTS

2.2.1.   CONTINUAL R&D ACTIVITIES RESULTING IN NEW TYPES OF SEALANTS

2.2.2.   APPLICATIONS OF SEALANTS IN TRANSPORTATION

2.2.3.   EMERGENCE OF NANOENGINEERED SEALANTS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF BUYERS

2.3.4.   BARGAINING POWER OF SUPPLIERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1.   ACQUISITIONS

2.6.2.   PRODUCT LAUNCH

2.6.3.   PARTNERSHIP & AGREEMENT

2.6.4.   BUSINESS EXPANSION

2.7. MARKET DRIVERS

2.7.1.   APPLICATIONS IN CONSTRUCTION INDUSTRY

2.7.2.   DEMAND FROM AUTOMOTIVE INDUSTRY

2.8. MARKET RESTRAINTS

2.8.1.   FLUCTUATING PRICES OF RAW MATERIALS

2.9. MARKET OPPORTUNITIES

2.9.1.   WIDENING APPLICATIONS IN MEDICAL INDUSTRY

2.9.2.   RISE IN USAGE FROM AIRCRAFT & AEROSPACE INDUSTRY

3.    LATIN AMERICA SEALANTS MARKET OUTLOOK - BY SEALANT TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTON)

3.1. SILICONE

3.2. POLYURETHANE

3.3. ACRYLIC

3.4. POLYVINYL ACETATE

3.5. OTHER SEALANT TYPES

4.    LATIN AMERICA SEALANTS MARKET OUTLOOK - BY END-USER (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTON)

4.1. CONSTRUCTION

4.2. AUTOMOTIVE

4.3. PACKAGING

4.4. ASSEMBLY

4.5. PRESSURE SENSITIVE TAPES

4.6. CONSUMER ELECTRONICS

4.7. OTHER END-USERS

5.    LATIN AMERICA SEALANT INDUSTRY – REGIONAL OUTLOOK (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTON)

5.1. BRAZIL

5.2. MEXICO

5.3. REST OF LATIN AMERICA

6.    COMPETITIVE LANDSCAPE

6.1. 3M COMPANY

6.2. ARKEMA SA

6.3. AVERY DENNISON CORPORATION

6.4. BASF SE

6.5. DOW CHEMICAL COMPANY

6.6. GENERAL SEALANTS INC

6.7. HB FULLER COMPANY

6.8. HENKEL AG & CO KGAA

6.9. HUNTSMAN CORPORATION

6.10. ITW PERFORMANCE POLYMERS

6.11. MOMENTIVE PERFORMANCE MATERIALS INC (MPM)

6.12. PIDILITE INDUSTRIES LIMITED

6.13. RPM INTERNATIONAL INC

6.14. SIKA AG

6.15. UNISEAL INC

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of table

TABLE 1: LATIN AMERICA SEALANTS MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)  

TABLE 2: LATIN AMERICA SEALANTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION) 

TABLE 3: VENDOR SCORECARD        

TABLE 4: LATIN AMERICA SEALANTS MARKET, BY SEALANT TYPE, 2021-2028 (IN KILOTON)           

TABLE 5: LATIN AMERICA SEALANTS MARKET, BY SEALANT TYPE, 2021-2028, (IN $ MILLION)      

TABLE 6: LATIN AMERICA SEALANTS MARKET, BY END-USER, 2021-2028 (IN KILOTON) 

TABLE 7: LATIN AMERICA SEALANTS MARKET, BY END-USER, 2021-2028 (IN $ MILLION)           

TABLE 8: LATIN AMERICA SEALANTS MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)  

TABLE 9: LATIN AMERICA SEALANTS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)              

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: LATIN AMERICA SEALANTS MARKET, BY SILICONE, 2021-2028 (IN $ MILLION)           

FIGURE 3: LATIN AMERICA SEALANTS MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)      

FIGURE 4: LATIN AMERICA SEALANTS MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION) 

FIGURE 5: LATIN AMERICA SEALANTS MARKET, BY POLYVINYL ACETATE, 2021-2028 (IN $ MILLION)      

FIGURE 6: LATIN AMERICA SEALANTS MARKET, BY OTHER SEALANT TYPES, 2021-2028 (IN $ MILLION)   

FIGURE 7: LATIN AMERICA SEALANTS MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)      

FIGURE 8: LATIN AMERICA SEALANTS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)           

FIGURE 9: LATIN AMERICA SEALANTS MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)           

FIGURE 10: LATIN AMERICA SEALANTS MARKET, BY ASSEMBLY, 2021-2028 (IN $ MILLION)           

FIGURE 11: LATIN AMERICA SEALANTS MARKET, BY PRESSURE SENSITIVE TAPES, 2021-2028 (IN $ MILLION)          

FIGURE 12: LATIN AMERICA SEALANTS MARKET, BY CONSUMER ELECTRONICS, 2021-2028 (IN $ MILLION)        

FIGURE 13: LATIN AMERICA SEALANTS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)      

FIGURE 14: LATIN AMERICA SEALANTS MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)      

FIGURE 15: BRAZIL SEALANTS MARKET 2021-2028 (IN $ MILLION)      

FIGURE 16: MEXICO SEALANTS MARKET 2021-2028 (IN $ MILLION)    

FIGURE 17: REST OF LATIN AMERICA SEALANTS MARKET 2021-2028 (IN $ MILLION)        

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