Mar 9, 2018   SOURCE: BusinessWire

Global Elastomeric Sealants Market Report 2018-2022 - Surging Demand for PS Elastomeric Sealants in Aerospace & Defense Industry - ResearchAndMarkets.com

The "Elastomeric Sealants Market by Type (PS, PU, PB, Silicone, Acrylic, SMP), End-Use Industry (Construction, Automotive & Transportation, Electronics, Furniture & Woodworks, Aerospace & Defense, Marine), Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The elastomeric sealants market is projected to grow from USD 3.77 Billion in 2017 to USD 5.19 Billion by 2022, at a CAGR of 6.6% during the forecast period from 2017 to 2022.

Key players operating in the elastomeric sealants market include The Dow Chemical Company (US), Henkel AG (Germany), 3M Company (US), Arkema (France), and Sika AG (Switzerland), among others. These leading players have adopted various growth strategies such as expansions, new product launches, acquisitions, and mergers to strengthen their position in the elastomeric sealants market and widen their customer base. For instance, in 2017, The Dow Chemical Company (US) merged with DuPont (US) to form DowDuPont (US) to cater to the increased demand for elastomeric sealants from various industries. In 2016, The Dow Chemical Company (US) launched three silicone elastomeric sealants for use in various industries such as construction, automotive & transportation, and electronics, among others.

Market Dynamics

Drivers

  • Growing Demand in Construction Industry
  • Construction Sector Recovery in US
  • Increasing Construction Activities in Emerging Countries
  • Increasing Concerns Regarding the Use of Eco-Friendly Construction Sealants
  • Increasing Use of Elastomeric Sealants in Solar and Wind Power Equipment
  • Surging Demand for PS Elastomeric Sealants in Aerospace & Defense Industry

Restraints

  • Foam Tapes Replacing Elastomeric Sealants in Construction Industry

Opportunities

  • Growing Demand for Bio-Based and Eco-Friendly Sealants
  • High Growth in Automotive Industry in Emerging Countries

Challenges

  • Regulations Pertaining to VOC Content of Elastomeric Sealants

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macroeconomic Overview

7 Elastomeric Sealants Market, by Type

8 Elastomeric Sealants Market, by End-Use Industry

9 Elastomeric Sealants Market, by Region

10 Competitive Landscape

11 Company Profiles

  • 3M Company
  • Arkema
  • DCP Int
  • Draco Construction Chemicals Inc.
  • Franklin International
  • H.B. Fuller
  • Henkel
  • Isomat S.A.
  • KCC Corporation
  • Kster Bauchemie AG
  • Mageba
  • Mapei
  • Mule-Hide Products Co. Inc.
  • PPG Industries, Inc.
  • Prodotti Industriali, S.R.L.
  • RPM International
  • Rockwool International A/S
  • Saudi Vetonit Co. Ltd.
  • Sika
  • Species SA
  • The Dow Chemical
  • The Sherwin-Williams Company
  • Torggler Chimica SPA
  • VCM Polyurethanes Pvt. Ltd.
  • Wacker Chemie

For more information about this report visit https://www.researchandmarkets.com/research/zcl6vx/global?w=4