Elastomeric sealants are a type of sealant that is used to create a waterproof and airtight seal between two building materials such as concrete, brick, or metal. They are created by combining rubber, plastic, and resins to create a flexible, rubber-like material that remains flexible even after fully curing. Elastomeric sealants are used in a variety of applications, ranging from building construction and repair to automotive and marine applications. Because they are highly durable and waterproof, they are becoming a popular choice for a variety of projects. The elastomeric sealants market was projected to grow USD 5.19 Billion by 2022, at a CAGR of 6.6%.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142139000
The Elastomeric Sealants market serves various end-user industries. Some prominent industries that extensively use Elastomeric Sealants include:
- Construction: Elastomeric sealants are widely used in the construction industry for sealing joints and gaps in buildings and infrastructure. They provide weatherproofing, waterproofing, and flexibility to accommodate movement.
- Automotive: Elastomeric sealants find application in the automotive industry for sealing and bonding various components. They are used in body sealing, weatherstripping, windshield bonding, and underbody sealants.
- Electrical and Electronics: Elastomeric sealants are utilized in the electrical and electronics industry for sealing and protecting electronic components and devices from moisture, dust, and environmental factors.
- Industrial: Elastomeric sealants are used in various industrial applications for sealing and bonding purposes. They find applications in HVAC systems, machinery, tanks, pipes, and other industrial equipment.
- Marine: Elastomeric sealants are employed in the marine industry for sealing joints and gaps in boats, ships, and other marine structures. They provide resistance to water, salt, and weather conditions.
- Aerospace: Elastomeric sealants find application in the aerospace industry for sealing aircraft structures, windows, doors, and other critical areas. They offer high-performance sealing properties and resistance to extreme temperatures and environmental conditions.
- Energy and Utilities: Elastomeric sealants are utilized in the energy and utilities sector for sealing and protecting components in power plants, renewable energy facilities, pipelines, and infrastructure.
- Others: Elastomeric sealants also find application in industries such as furniture manufacturing, appliances, telecommunications, and healthcare, where sealing and bonding properties are required.
Request a Sample of this Report at https://www.marketsandmarkets.com/requestsampleNew.asp?id=142139000
Silicone-the fastest-growing type segment of the elastomeric sealants market
Silicone elastomers are a type of elastomeric sealant that is commonly used for sealing windows, doors, and other openings, bonding glass and metal, and securing tiles and stone. Silicone elastomers are preferred over other types of elastomers due to their superior properties such as excellent adhesion and flexibility. Furthermore, silicone elastomers can withstand high temperatures, making them suitable for use in a wide range of automotive and construction applications. The rising demand for these elastomers from these industries is expected to propel the silicone elastomers segment of the elastomeric sealants market, making it the market's fastest-growing type segment during the forecast period.
Construction-the largest end-use industry for elastomeric sealants
During the forecast period, the construction industry is expected to continue to be the largest end-use industry for elastomeric sealants. This is due to an increase in both residential and non-residential construction activity. The growing demand for elastomeric sealants in the construction industry is primarily driven by their properties, which include high adhesion, flexibility, and excellent weather resistance, allowing them to provide a watertight seal even in extreme weather conditions. During the forecast period, demand for elastomeric sealants is expected to be driven by the use of elastomeric sealants in the construction industry for air sealing, roofing, and glazing, among other applications.
Asia Pacific-the largest market for elastomeric sealants
Over the projected period, the Asia Pacific region is anticipated to have the highest market for elastomeric sealants. This is mostly because of the rise in demand for elastomeric sealants coming from nations like South Korea, China, India, and Japan. One of the main reasons propelling the growth of the elastomeric sealants market in the Asia Pacific region is the rising demand for elastomeric sealants from the construction industry in these nations. The Asia Pacific region's expanding demand for elastomeric sealants from the automotive industry is also anticipated to fuel market expansion in the area. Also, it is anticipated that the elastomeric sealants market in the Asia Pacific region would expand during the forecast period due to the rising demand for elastomeric sealants from various industries, including healthcare, aerospace, and electronics.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=142139000
The leading players operating in the elastomeric sealants market include The Dow Chemical Company (US), Henkel AG (Germany), 3M Company (US), H.B. Fuller Company (US), Arkema (France), Franklin International (US), Sika AG (Switzerland), Wacker Chemie AG (Germany), RPM International (US), and MAPEI S.p.A. (Italy), among others.
Read Our Trending Press Release Below:
Pharmaceutical Packaging Market
Sustainable Plastic Packaging Market
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
The global Elastomeric Sealants market research report is a comprehensive report published by Reports and Data that evaluates the market size and share, growth opportunities, risks and limitations, and market growth curve.
The report covers the dynamics of the supply and demand chains of the global Elastomeric Sealants market throughout the forecast period.
The report will include details about potential opportunities, new projects, financial situations, constructive business strategies, and an outlook on the industry forecast.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1875Market Dynamics:The materials and chemicals industry is rapidly gaining traction over the forecast period and is expected to expand significantly in the coming years.
The global Elastomeric Sealants Market is projected to register robust revenue CAGR during the forecast period between 2021 and 2028.
Increasing awareness about green energy and eco-friendly biodegradable products, environmental impact due to carbon emissions are few key factors supporting market growth.
High demand for various chemicals and raw materials in various industrial sectors such as food and technology, pharmaceutical and biotechnology, manufacturing, paint and coating, paper, plastic among others.
