Sealants Market Analysis Report 2024 to 2031
Sealants Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 10.45 Billion |
Market Size by 2031 | US$ 14.17 Billion |
Global CAGR (2023 - 2031) | 3.9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Sealants Market News and Recent Developments
The sealants market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Henkel signed an agreement to acquire the US-based Seal for Life Industries LLC ("Seal for Life") from Arsenal Capital Partners (USA). (Source: Henkel, Press Release, February 2024)
- Dow announced the expansion of its silicone sealant products to offer photovoltaic (PV) module assembly materials, furthering the global movement toward renewable energy. (Source: Dow, Press Release, March 2023)
- BASF announced that it will increase the production capacity for its medium-molecular weight polyisobutenes, marketed under the tradename OPPANOL B, at its site in Ludwigshafen, Germany, by 25%. The medium-molecular weight polyisobutenes comprise applications such as surface protective films, window sealants, binder material for batteries, and food packaging solutions. (Source: BASF, Press Release, August 2023)
Sealants Market Report Coverage and Deliverables
The “Sealants Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Sealants market size and forecast for all the key market segments covered under the scope
- Sealants market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter’s Five Forces and SWOT analysis
- Sealants market analysis covering key market trends, country framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the sealants market
- Detailed company profiles