Sealants Market Analysis By Industry Size, And Share, Manufacturers, Demand, Forecast 2025
Global sealants market is expected to grow at a substantial CAGR during the forecast period. Growth in the market can be attributed to growing demand for advanced and high-performance sealants in numerous industries like aerospace, among others. Furthermore, increasing need for eco-friendly sealants predominantly by the medical sector is expected to bolster the growth of market over the next few years. The global sealants market is segmented based on resin type, end user industry , company, and region. Based on resin type, the market can be categorized into silicone, polyurethane, polysulfide, acrylic, latex, plastisol and others. Out of which, the polyurethane segment dominated the market in 2019 and is expected to maintain its dominance during the forecast period as well, which can be attributed to its advantages such as better adhesion and abrasion resistance in comparison to silicone sealants. Based on end use industry, the market is fragmented into building ...