Elastomeric Sealants Market 2019 | Forecast, Size, Growth, Opportunities, and Trends 2023

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Elastomeric Sealants Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Elastomeric Sealants Market Research Report-
Forecast to 2023
Elastomeric Sealants Market - Overview
Elastomeric Sealants are bonding materials used
for sealing, finishing, and protecting surfaces.
They expand and seal the surface and create a
waterproof barrier when applied to a crack or
space. An Elastomeric Sealant can be used on
various surfaces such as stone, steel, concrete,
metal, wood, and other polymers. They are durable
and easy to handle due to their elastic texture
that dries and retains flexibility. The high
demand for elastomeric sealants for various
applications such as cladding, glass windows,
bridges, roads, highways in building
construction is the major factor driving the
Global Elastomeric Sealants Market. These
sealants are widely consumed in construction
activities Apart from its applications in
building construction, the elastomeric sealants
are gaining traction in the automotive
transportation sector for its use in a wide range
of applications such as, installation of
windscreen frames and water shield sealing to
protect the interior from moisture, shock
vibration, corrosion, and thermal stress.
Furthermore, demand for sophisticated bonding
products from high-tech electronics manufacturers
to protect sensitive electrical equipment such as
capacitors and sensors is likely to propel the
market growth over the review period.
Additionally, the growing use of Elastomeric
Sealants in aerospace defense for escape
slides, life rafts, fuel tank sealing, and other
applications is expected to add considerable
value to the market during the review period.
According to World Bank Study, the organized
furniture industry is expected to grow by 20
every year, and a major part of this growth is
likely to come from growing consumer markets in
Asia, which may further fuel the market growth.
The shifting trend towards the renovation of
houses coupled with the high disposable income is
likely to propel the market growth. However, the
threat of substitution from construction foam
tapes and regulations concerning VOC emission may
challenge the market growth in the coming years.
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Elastomeric Sealants Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Elastomeric Sealants Market is
segmented on the basis of the Type, End-Use
Industries and Region. On the basis of the Type,
the Global Elastomeric Sealants Market is
segmented into silicone, polysulfide,
polyurethane, silane modified polymers (SMP),
polybutadiene, and others. Based on the End-Use
Industries, the market is sub-segmented into
building construction, automotive, electronics,
furniture making, aerospace defense, marine,
and others. Geographically, the Global
Elastomeric Sealants Market is spanned across
five regions namely Asia Pacific, North America,
Europe, Latin America, and the Middle East
Africa. Get Complete Report _at_ https//www.marketr
esearchfuture.com/reports/elastomeric-sealants-mar
ket-5773

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Elastomeric Sealants Market Research Report-
Forecast to 2023
Regional Outlook
The Global Elastomeric Sealants Market is
segmented into five regions namely Asia Pacific,
North America, Europe, Latin America, and the
Middle East Africa. Asia Pacific is the fastest
emerging region in terms of value in the Global
Elastomeric Sealants Market owing to the
increasing infrastructural activities in this
region, especially in India and China.
Furthermore, the increasing demand for automotive
and electronics due to the changing lifestyle is
likely to fuel the market growth. Also, the
growth in the furniture industry and wood works
in this region is anticipated to boost the market
growth over the assessment period 2017-2023. The
North America accounts for a considerable market
share due to the leading aerospace defense
sector. The U.S. is one of the leading military
powers and the demand from this sector drives the
market growth. The automotive sector drives the
European Elastomeric Sealants Market due to the
high production, sales, and exportation of the
automobile in this region. According to the
European Automobile Manufacturers Association
(ACEA), the European automotive export revenue
stood at USD 135.4 billion in 2016. Though, Latin
American market is currently witnessing a
moderate growth in this region is poised to grow
substantially over the coming years owing to the
upcoming infrastructural projects in the
region. The Middle East Africa is projected to
showcase a considerable growth on account of the
high demand from building construction sector
in countries such as Saudi Arabia, the UAE, and
others.
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Elastomeric Sealants Market Research Report-
Forecast to 2023
Major Players in this Research

• Elastomeric Sealants Market Prominent Players
• 3M (U.S.)
• The Dow Chemical Company (U.S.)
• Henkel AG Co. KGaA (Germany)
• Arkema (France)
• Sika AG (Switzerland)
• H.B. Fuller Company (U.S.)
• RPM International Inc. (U.S.)
• PPG Industries, Inc. (U.S.)
• VCM Polyurethanes Pvt. Ltd. (India)
• Wacker Chemie AG (Germany)
• Mapei SpA (Italy)
• KCC CORPORATION (South Korea)

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Market Research Report Forecast to 2023 at
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