Polyurethane Sealants Market by Type (One-Component, Two-Component), End-Use Industry (Building & Construction, Automotive, General Industrial, Marine), and Region - Global Forecast to 2022

“The polyurethane sealants market is expected to grow at a CAGR of 5.4% from 2017 to 2022”
The polyurethane sealants market is projected to reach USD 3.15 billion by 2022, at a CAGR of 5.4% from 2017 to 2022. The market is mainly driven by the increasing demand for polyurethane sealants in the building & construction, automotive, and consumer sectors, rising demand from developing countries, technological advancements in end-use industries, and polyurethane sealants bonding leading to revolutionary advancements in safety and ease of application. However, volatility in raw material prices may restrain the growth of the market.

“Based on type, the one-component polyurethane sealants segment is estimated to lead the polyurethane sealants market during the forecast period”
One-component sealants consist of a prepolymer that is made by reacting a polyol with excess of diisocyanate. On application, isocyanate groups react with moisture from air to yield cured polyureas. One-component sealants are primarily used for sealing roofs, electrical cable, and in plumbing. Various elements of large trucks are assembled with the help of one-component polyurethane sealants. In the replacement market, one-component polyurethane sealants are generally used without paint primer in small cartridges. Moisture-cured polyurethane sealants bind glass, rubber supports, and painted body surfaces directly.

“Rising demand for polyurethane sealants in the Middle East & Africa is driving the market in the region“
The Middle East & Africa is expected to witness moderate growth in the coming years. Automotive & transportation, general industrial, building & construction are expected to emerge as key sectors in the region. Several leading global players have established their manufacturing plants in the Middle East & Africa to cater to the growing demand in this region.

The demand for high-performance, cost-effective, and environment friendly building products continues to increase, as the building & construction sector adapts to meet challenges related to energy efficiency, economic constraints, and demand for high-end structures. The polyurethane sealants market in the Middle East & Africa region is driven by increasing infrastructural projects, untapped potential in growing economies, growing demand from the automobile industry, and increasing urbanization. The increasing middle-class population, growing demand for new houses due to rising number of nuclear families, and the increasing market for consumer goods and automobiles is fueling the polyurethane sealants market in the region. Rising urbanization across Sub-Saharan Africa and long-term demographic growth has driven the polyurethane sealants market in the region.

Breakup of primary interviews:
‧ By Company Type - Tier 1 – 42%, Tier 2 – 25%, and Tier 3 – 33%
‧ By Designation - C level – 36%, D level – 19%, and Others – 45%
‧ By Region - Europe – 42%, North America – 25%, Asia-Pacific – 17%, South America – 8%, and the Middle East & Africa – 8%

Key companies profiled in this report are 3M (U.S.), Arkema S.A. (France), Sika AG (Switzerland), H.B. Fuller (U.S.), Henkel AG & Company, KGaA (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), Mapei S.p.A. (Italy), Asian Paints Limited (India), ITW Polymers Sealants North America (U.S.), Soudal N.V. (Belgium), Konishi Co. Ltd. (Japan), Sel D?? Ticaret ve Kimya Sanayi A.?. (Turkey), Pidilite Industries Limited (India), EMS-CHEMIE HOLDING AG (Switzerland), KCC Corporation (Japan), The Yokohama Rubber Co., Ltd. (Japan), RPM International Inc. (U.S.), Selena S.A. (Poland), Kommerling Chemische Fabrik KG (Germany), PCI Augsburg GmbH (Germany), Sunstar Engineering, Inc. (U.S.), Hodgson Sealants (U.K.), Akfix (Turkey), and Splendor Industry Company Limited (China).

Research Coverage
The polyurethane sealants market report covers different segmentations, which include by type (one-component, two-component), and end-use industry (building & construction, automotive, general industrial, marine, and others). The type and end-use industry segments are further analyzed by each country across regions.

Reasons to buy the Report
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the polyurethane sealants market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
 Market Penetration: Comprehensive information on polyurethane sealants offered by the top players in the global polyurethane sealants market
 Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the polyurethane sealants market
 Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for polyurethane sealants across regions
 Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global polyurethane sealants market
 Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global polyurethane sealants market

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 UNITS 18
1.6 STAKEHOLDERS 18
1.7 LIMITATIONS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of Primary Interviews 22
2.2 MARKET SIZE ESTIMATION 23
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 24
2.3 DATA TRIANGULATION 25
2.4 ASSUMPTIONS AND LIMITATIONS 26
2.4.1 ASSUMPTIONS 26
2.4.2 LIMITATIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN POLYURETHANE SEALANTS MARKET 32
4.2 POLYURETHANE SEALANTS MARKET SIZE, BY TYPE 33
4.3 POLYURETHANE SEALANTS MARKET SIZE, DEVELOPED VS. DEVELOPING COUNTRIES 33
4.4 POLYURETHANE SEALANTS MARKET BY APPLICATION AND KEY COUNTRIES 34
4.5 ASIA-PACIFIC: POLYURETHANE SEALANTS MARKET 34
4.6 POLYURETHANE SEALANTS MARKET ATTRACTIVENESS 35
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5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.1.1 FOUR BASIC FUNCTIONS OF SEALANTS: 37
5.1.2 IMPORTANCE OF SEALANTS: 37
5.2 MARKET EVOLUTION 38
5.2.1 POLYURETHANE SEALANTS ADOPTION 38
5.3 MARKET DYNAMICS 39
5.3.1 DRIVERS 40
5.3.1.1 Pent-up demand for polyurethane sealants in building & construction, automotive, and consumer sectors 40
5.3.1.2 Rising demand from developing countries 40
5.3.1.3 Technological advancements in end-use industries 41
5.3.1.4 Polyurethane sealants bonding leading to revolutionary advances in safety and ease of application 41
5.3.2 RESTRAINTS 41
5.3.2.1 Volatility in raw material prices 41
5.3.3 OPPORTUNITIES 42
5.3.3.1 Growing demand for low VOC, green & sustainable sealants 42
5.3.3.2 Economic growth and rising government expenditure on infrastructure development 42
5.3.3.3 High growth automotive markets in emerging countries 42
5.3.4 CHALLENGES 43
5.3.4.1 Established infrastructure in developed countries 43
5.3.4.2 Shifting rules and changing standards 43
5.3.4.3 Recessionary effect on end-use industries 43
5.4 VALUE CHAIN ANALYSIS 44
5.4.1 RAW MATERIALS 44
5.4.2 MANUFACTURING 45
5.4.3 PACKAGING 45
5.4.4 TECHNOLOGY 45
5.4.5 RHEOLOGY MODIFIERS 46
5.4.6 CROSSLINKERS 46
5.5 PORTER’S FIVE FORCES ANALYSIS 46
5.5.1 THREAT OF SUBSTITUTES 47
5.5.2 BARGAINING POWER OF BUYERS 47
5.5.3 THREAT OF NEW ENTRANTS 48
5.5.4 BARGAINING POWER OF SUPPLIERS 48
5.5.5 INTENSITY OF COMPETITIVE RIVALRY 49
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6 POLYURETHANE SEALANTS MARKET, BY TYPE 50
6.1 INTRODUCTION 51
6.1.1 ADVANTAGES OF POLYURETHANE SEALANTS 53
6.1.2 DISADVANTAGES OF POLYURETHANE SEALANTS 53
6.2 ONE-COMPONENT 53
6.3 TWO-COMPONENT 54
7 POLYURETHANE SEALANTS MARKET, BY END-USE INDUSTRY 57
7.1 INTRODUCTION 58
7.2 BUILDING & CONSTRUCTION 60
7.2.1 BUILDING & CONSTRUCTION SUB-APPLICATION 61
7.2.1.1 Glazing 61
7.2.1.2 Flooring & joining applications 62
7.2.1.3 Sanitary and kitchen applications 62
7.2.1.4 Others 62
7.3 AUTOMOTIVE 63
7.4 GENERAL INDUSTRIAL 64
7.5 MARINE 65
7.6 OTHERS 66
8 POLYURETHANE SEALANTS MARKET, BY REGION 67
8.1 INTRODUCTION 68
8.2 ASIA-PACIFIC 73
8.2.1 CHINA 78
8.2.2 JAPAN 79
8.2.3 INDIA 80
8.2.4 SOUTH KOREA 82
8.2.5 INDONESIA 82
8.2.6 THAILAND 83
8.2.7 MALAYSIA 83
8.2.8 TAIWAN 84
8.2.9 VIETNAM 84
8.2.10 REST OF ASIA-PACIFIC 85
8.3 NORTH AMERICA 86
8.3.1 U.S. 90
8.3.2 CANADA 92
8.3.3 MEXICO 92
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8.4 EUROPE 94
8.4.1 GERMANY 98
8.4.2 FRANCE 100
8.4.3 U.K. 101
8.4.4 SPAIN 101
8.4.5 ITALY 102
8.4.6 TURKEY 102
8.4.7 RUSSIA 103
8.4.8 POLAND 104
8.4.9 NETHERLANDS 104
8.4.10 REST OF EUROPE 105
8.5 MIDDLE EAST & AFRICA 105
8.5.1 IRAN 109
8.5.2 SOUTH AFRICA 110
8.5.3 SAUDI ARABIA 111
8.5.4 REST OF MIDDLE EAST & AFRICA 111
8.6 SOUTH AMERICA 112
8.6.1 BRAZIL 115
8.6.2 ARGENTINA 115
8.6.3 COLOMBIA 116
8.6.4 REST OF SOUTH AMERICA 117
9 COMPETITIVE LANDSCAPE 118
9.1 INTRODUCTION 118
9.1.1 VANGUARDS 118
9.1.2 INNOVATORS 118
9.1.3 DYNAMIC 118
9.1.4 EMERGING 118
9.2 COMPETITIVE BENCHMARKING 120
9.2.1 PRODUCT OFFERINGS 120
9.2.2 BUSINESS STRATEGY 121
9.3 MARKET SHARE ANALYSIS 122
9.4 COMPETITIVE REGIONAL FOCUS 123
9.5 PRODUCT AND END-USE INDUSTRY MAPPING 124
10 COMPANY PROFILES 125
(Overview, Financial*, Products & Services, Strategy, and Developments)
10.1 3M 125
10.2 ARKEMA S.A. 128
10.3 SIKA AG 131
10.4 H.B. FULLER 134
10.5 HENKEL AG & COMPANY, KGAA 137
10.6 BASF SE 140
10.7 THE DOW CHEMICAL COMPANY 142
10.8 MAPEI S.P.A. 144
10.9 ASIAN PAINTS LIMITED 147
10.10 ITW POLYMER SEALANTS NORTH AMERICA, INC. 149
10.11 SOUDAL N.V. 151
10.12 KONISHI CO., LTD. 153
10.13 SEL DI? TICARET VE KIMYA SANAYI A.?. 155
10.14 PIDILITE INDUSTRIES LIMITED 157
10.15 EMS-CHEMIE HOLDING AG 159
10.16 KCC CORPORATION 160
10.17 THE YOKOHAMA RUBBER CO.,LTD. 161
10.18 RPM INTERNATIONAL INC. 162
10.19 SELENA SA 164
10.20 KOMMERLING CHEMISCHE FABRIK KG 165
10.21 PCI AUGSBURG GMBH 165
10.22 SUNSTAR ENGINEERING, INC. 165
10.23 HODGSON SEALANTS (HOLDINGS) LTD. 165
10.24 AKFIX 165
10.25 SPLENDOR INDUSTRY COMPANY LIMITED 166
*Details might not be captured in case of unlisted companies.
11 APPENDIX 167
11.1 INSIGHTS FROM INDUSTRY EXPERTS 167
11.2 DISCUSSION GUIDE 168
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 170
11.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 172
11.5 AVAILABLE CUSTOMIZATIONS 173
11.6 RELATED REPORTS 173
11.7 AUTHOR DETAILS 174
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