Elastomeric Sealants Market
Elastomeric Sealants
Market To Reach USD
6607.3 Million By
2026
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Market Summary
Growing construction and automotive industry along with surging demand of elastomeric sealants
in solar and aerospace industry are key factors contributing to high CAGR of elastomeric sealants
market during the forecast period.
Market Size – USD 3933.7 Million in 2018, Market Growth - CAGR of 6.6%, Market Trends – Product
launches and research for advanced Elastomeric Sealants
According to the current analysis of Reports and Data, the global Elastomeric Sealants market was
valued at USD 3933.7 Million in 2018 and is forecast to reach USD 6607.3.0 Million by the year 2026,
at a CAGR of 6.6%. The increasing application of the product in the construction industry, coupled
with the growing demand for automobiles and electronics products across the globe is likely to
create lucrative growth opportunities for the elastomeric sealants market. Moreover, the rising
adoption of silicon for structural glazing of new construction or renovation of existing buildings is
also expected to stimulate industrial demand. Elastomeric sealants are also extensively used in the
automotive & transportation industry owing to their high durability, excellent adhesion, and thermal
resistance properties. In addition to this, growing demand for lightweight electric vehicles fuels the
growth of elastomeric sealants market.
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Market Summary
Elastomeric sealants such as silicone contribute to the growth of the market as they have various advantages
such as weather resistance, easy availability, low cost, and easy application. The growing manufacturing base
in developed and emerging economies along with the increasing application of the product in various
industries such as construction, automobile, aerospace, and solar, among others is likely to boost industrial
growth.
North America is projected to be a key revenue generating region for elastomeric sealants market in the
forecast period. The turnaround in construction activities, coupled with the expanding use of adhesives and
sealants in manufacturing and assembly, is expected to underpin demand gains. Along with this, increasing
demand for insulating glass owing to rising concerns pertaining to energy consumption is also likely to drive
demand for the product, particularly silicone.
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Market Summary
Further key findings from the report suggest
• In 2018, North America accounted for 25.7% market share owing to growing automobile sector in the
region. In addition, the presence of a large number of end-use industries and rising construction spending
in the U.S is also likely to create significant growth opportunities for the elastomeric sealants market.
However, growing concerns regarding health issues associated with VOC emissions from chemical
products is likely to hinder growth.
• Silicon sealants are forecasted to reach USD 1849.95 Million by the year 2026. Benefits associated with
the product such as improved UV resistance and superior thermal, electrical, and mechanical resistance
are anticipated to have a positive influence on the demand. The increasing adoption of these sealants
across a wide range of applications including construction, sanitary applications and fittings and DIY
sectors, among others is expected to drive demand for the elastomeric sealants market.
• Construction end-use segment is expected to witness lucrative growth at CAGR of 7.4 % due to increasing
employment of elastomeric sealants in various applications such as roads & highways and marble works,
among others.
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Market Summary
Key participants for the elastomeric sealants market include The Dow Chemical Company, 3M Company, H.B.
Fuller Company, Henkel AG among others.
For the purpose of this study, Reports and Data have segmented the Elastomeric Sealants market on the basis
of type, end use, and region:
Type (Revenue, USD Million; 2016–2026)
• Polysulfide (PS)
• Polyurethane (PU)
• Polybutadiene (PB)
• Silicone
• Acrylic
• Silyl Modified Polymer (SMP)
• Others
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Market Summary
End Use (Revenue, USD Million; 2016–2026)
• Construction
• Automotive & Transportation
• Electronics
• Furniture & Woodworks
• Aerospace & Defense
• Marine
• Others
Regional Outlook (Revenue, USD Million; 2016–2026, Volume, Tons; 2016-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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