[180 Pages Report] The Polyurethane Sealants Market size was estimated at USD 12.07 billion in 2023 and expected to reach USD 13.19 billion in 2024, at a CAGR 9.59% to reach USD 22.93 billion by 2030.
Polyurethane sealants are flexible and versatile construction sealants used on various surfaces such as wood, metal, plastic, masonry, aluminum, and stucco. Sealants help to form a barrier against moisture, air, and other elements of the environment that might hamper a structure or lower its energy efficiency. The utilization of polyurethane sealant is driven by the rising demand from the electronics & automotive industry owing to performance efficiency and physical characteristics. Fluctuating cost of raw materials used in producing polyurethane (PU) sealants can pose a challenge to product penetration in the market. The current need for complex handling of polyurethane sealants owing to the hygroscopic nature of sealants may impede this progress moderately, given their complex structure. Additionally, increased research & development activities for producing bio-based polyurethane sealants present various opportunities for businesses to expand their portfolio and increase profitability.
Regional Insights
The revival of the building & construction industry in America, along with the infrastructure, building & construction of smart cities, shows significant market growth in the region. Many polyurethane sealants are presently used in the manufacturing of automobiles in Europe. The reconstruction and rebuilding of various infrastructures after the natural disasters, such as earthquakes and tsunamis across Europe and the Middle East, are expected to increase demand for polyurethane sealants across the building & construction industry in the region. On the other hand, construction levels are rising in APAC to keep up with the increased rates of urbanization brought on by people moving from rural areas to cities for better earnings. Polyurethane sealant manufacturers focus on APAC since it has a large-scale construction industry, representing approximately 40% of construction investment worldwide.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Polyurethane Sealants Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Polyurethane Sealants Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Polyurethane Sealants Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Akkim Construction Chemicals Inc., Akkim Yap? Kimyasallar? A.?., Anagha ASF LLP, Ardex Endura Ltd., Arkema S.A., Armstrong Chemicals Private Limited, Ashland Inc., Asian Paints Limited, Astral Limited, BASF SE, Chemence Inc., Ellsworth Adhesives, EMS-CHEMIE AG, Franklin International, H.B. Fuller Company, Henkel AG & Co. KGaA, Hodgson Sealants Ltd., Homey Construction Limited, Illinois Tool Works Inc., Jowat SE, KCC Corporation, Lord Corporation, Mapei S.p.A., Master Builders Solutions Deutschland GmbH, Motion Industries, Inc., Parker Electronics Pvt. Ltd., Parson Adhesives, Inc., Perma Construction Aids Pvt. Ltd., Permabond LLC, Pidilite Industries Limited, RPM International Inc., RUSTA LLC, Sabre Adhesives Ltd., Sel Foreign Trade and Chemical Industry. Inc., Selena FM S.A., Shandong Incore New Material Technology Co., Ltd., Shenzhen Splendor Chemical Industry Co, Ltd., Sika AG, Soudal Holding N.V., Specialty Polymers & Services, Inc., STP Limited, Sunstar Suisse SA, Tanyo Industry Co., Ltd., Techsil Ltd., The Dow Chemical Company, The Yokohama Rubber Co., Ltd., Tri Polarcon Pvt Ltd., Wacker Chemie AG, and WEICON GmbH & Co. KG..
Market Segmentation & Coverage
This research report categorizes the Polyurethane Sealants Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product
- Non-Staining Polyurethane Sealant
- Polyurethane Construction Sealant
- Standard Polyurethane Sealant
- UV-Resistant Polyurethane Sealant
- Type
- Multi-Component Polyurethane Sealants
- Single-Component Polyurethane Sealants
- Application
- Automotive
- Building & Construction
- Footwear
- Marine
- Packaging
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Polyurethane Sealants Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Polyurethane Sealants Market?
- What are the technology trends and regulatory frameworks in the Polyurethane Sealants Market?
- What is the market share of the leading vendors in the Polyurethane Sealants Market?
- Which modes and strategic moves are suitable for entering the Polyurethane Sealants Market?