According to the business intelligence report titled ‘GLOBAL Sealants Market 2021-2028’, available with Market Study Report, global sealants market revenue is projected to grow with a CAGR of 5.45% over 2021-2028, while industry volume to record 4.27% CAGR.
 

Widespread product usage in medical, aircraft, and aerospace sectors, coupled with demand from automakers are key factors boosting global sealants market growth. Furthermore, adoption of sealants in construction applications is also contributing to industrial remuneration.
 

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On the other hand, fluctuating price trends of raw materials acts a major bottleneck for worldwide sealants market.
 

Based on sealant types, the marketplace is categorized into polyvinyl acetate, acrylic, polyurethane, silicone, and others. While various end-users are consumer electronics, pressure sensitive tapes, assembly, packaging, automotive, and construction among others.
 

Information pertaining to industry share held by different segments and their contribution to overall market valuation over the forecast period in entailed in the report. Further, it highlights the factors influencing the demand and sales graph with respect to different segments.  
 

From the regional frame of reference, Asia Pacific sealants industry is speculated to exhibit lucrative growth trends during 2021-2028, led by emerging countries like China, India and Japan. The report cites that India has flourishing chemical sector which is boosting the sealants market share in APAC. Furthermore, automobile production has increased drastically in China and India due to adoption of advanced western technologies, generating demand for sealants. Additionally, swift urbanization, and increasing infrastructural activities will also sway the market dynamics forward.
 

BASF SE, Pidilite Industries Limited, The 3M Company, RPM International Inc., ITW Performance Polymers, Avery Dennison Corporation, Arkema S.A., Huntsman Corporation, The Dow Chemical Company, Henkel AG & Co. KGaA, Sika AG, General Sealants Inc., H.B. Fuller Company, and Uniseal Inc. are the key contenders in global sealants market sphere.