Market by Sealant Type, End-user, and Country | Forecast 2021-2028
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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VIEW REPORT1. 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
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)
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)