The global elastomeric sealants market is witnessing a good growth in the recent years, due to the various benefits it offers over traditional sealants.

Elastomeric sealants are used for sealing, finishing, and provide surface protection, as they are elastic and flexible bonding materials.

Sealants are used to block fluids passage through the surface openings in materials.

They can be used in various surfaces such as stone, steel, concrete, and other polymers.

They provide good flexibility, durability, heat resistance, and adhesions that are essential in different applications such as cladding, roof building, marble works, and others.

This can be attributed to the fact that they have an advantage for weather resistance due to their inorganic chemistry. Also, the easy availability, low cost, and easy applicability is contributing towards its increasing demand.

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The elastomeric sealants market is segmented into silicone, polysulfide, polyurethanes, silyl modified polymers, polybutadiene, and others. Of all these, silicon type category is expected to register the fastest growth in the coming years.

All these factors are driving its demand in the various industries including electronics, aerospace, construction, transportation, and others.

These industries are further classified into various applications according to the use of these sealants in these end-user industries. Among all these, the construction category is expected to hold the largest share in the overall market, due to the increasing use of these sealants in different applications including parking areas, cladding, marble works, roads and highways, and others.

Additionally, the increasing construction projects in emerging countries such as China and India are further fueling the elastomeric sealants market growth.

The elastomeric sealants market is classified into construction, automotive, electronics, furniture & woodwork, aerospace & defense, marine, and others.

The rising number of construction activities in the emerging countries including India, China, South Korea, and others, coupled with continuous innovations in the area of building construction in mature markets is driving the market growth in the recent years.

Growing demand in construction industry, increasing construction activities in emerging countries, increasing use of these sealants in solar and wind power equipment are the major factors driving the elastomeric sealants market growth.

The sealants market is quite fragmented, however there is no consistent industry definition defining what exactly sealant is.

Asia-Pacific is predicted to achieve the highest growth rate in the elastomeric sealants market in the coming years. This is attributed to the growing application of these sealants in various end use industries.

some of the key players operating in the elastomeric sealants market 3M Company, Arkema Group, PPG Industries Inc., The Sherwin-Williams Company, Henkel Corporation, H.B. Fuller, KCC Corporation, RPM International, Sika AG, and DowDuPont Inc.

Source: VynZ Research