NORTH AMERICA SEALANTS MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

NORTH AMERICA SEALANTS MARKET 2021-2028

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

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Triton’s report has established that the North American sealants market is expected to display revenue growth at a CAGR of 4.90% in the studied years 2021-2028. Further, it is anticipated to register a surge in volume at 3.83% of CAGR in the same period. 


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The countries considered in this market are:

•        United States

•        Canada

In North America, the easy availability of raw materials and the presence of prominent manufacturing companies are expected to motivate the demand for sealants. Moreover, the construction industry’s positive growth in the United States and Canada provides a huge boost to the sealants market. Besides, the rise in shale gas extraction is anticipated to play a crucial role as manufacturers are heavily reliant on crude oil for raw materials. The price stability and stable demand from several end-user industries indicate a strong growth of the studied market during the considered period.

For instance, in the United States, the packaging sector is considered the largest and is anticipated to gain significant market value by 2025. Here, flexible packaging is growing rapidly among the various packaging due to the benefits offered by flexible packaging. The changing trends observed in consumer behavior have also resulted in faster growth of the flexible market, encouraging the sealants market’s progress.

Furthermore, over the years, the construction of new residential housing units have increased in the country. This further contributes to the construction sector’s growth to a large extent, simultaneously increasing the need for sealants for multiple applications. Hence, the consistent growth in residential construction projects is likely to augment the sealants market’s development.

Likewise, the construction industry has observed substantial growth across Canada. The commercial and residential construction projects are gaining more traction, driven mainly by government initiatives and increasing immigration. This further leads to the higher demand for sealants in the industry, thereby motivating the Canadian sealants market’s progression.

Momentive Performance Materials Inc (MPM) is a chemical company developing and marketing silicones and its derivative acquired from quartz and specialty ceramics. It offers sealants, ceramics, coating, emulsifiers, and others. The company serves several industries, such as automotive, construction, electronics, etc. It has its operations in several regions, with headquarter in the United States. 

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Table of Content

1.    NORTH 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.    NORTH 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.    NORTH 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.    NORTH AMERICA SEALANTS MARKET – REGIONAL OUTLOOK (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTON)

5.1. UNITED STATES

5.2. CANADA

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: NORTH AMERICA SEALANTS MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)

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

TABLE 3: VENDOR SCORECARD        

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

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

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

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

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

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

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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