Research delivers insight into the global Elastomeric Sealants market during the period 2018-2025

in #elastomeric7 years ago

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. Elastomeric sealants are used in various industries such as construction, automotive & transportation, electronics, furniture & woodworks, aerospace & defense, marine, and others. The growth of the elastomeric sealants market across the globe can be attributed to the increased demand for elastomeric sealants from the construction industry. Elastomeric sealants are widely used in the construction industry due to their excellent durability, flexibility, and adhesion. The demand for elastomeric sealants is increasing across the globe due to rising number of residential and commercial construction projects in emerging economies.

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The report aims at estimating the market size and future growth potential of the fatty amides market across different segments—type, product form, function, end-use industry, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, prospects, and contribution of the various segments to the total market. The study also analyzes opportunities in the market for stakeholders and provides details of the competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.

The research methodology used to estimate and forecast the fatty amides market begins with capturing data on key vendor revenues through secondary research and associations such as the Fatty Acid Consortium, American Cleaning Institute, and the Asean Oleochemical Manufacturers Group. Vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall size of the global fatty amides market from the revenues of key players.

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The break-up of primary interviews has been given below.

By Company Type: Tier 1 – 71%, Tier 2 –23%, and Others – 6%

By Designation: C Level –48%, Director Level – 31%, and Others –21%

By Region: North America – 18%, Europe – 38%, Asia Pacific – 17%, South America – 7%, and the Middle East & Africa – 20%

Key companies profiled in this market research report include TheDow Chemical (US), Henkel AG (Germany), 3M Company (US), H.B. Fuller Company (US), Arkema (France), Franklin International (US), Sika AG (Switzerland), Wacker Chemie AG (Germany), RPM International(US), and MAPEI S.p.A.(Italy).

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Research Coverage

The elastomeric sealants market has been segmented based on type, end-use industry, and region. This report covers the elastomeric sealants market, in terms of value and volume, and forecasts its market size till 2022. The report also provides company profiles and competitive strategies adopted by the key players operating in the elastomeric sealants market.

Reasons to Buy the Report

The report is expected to help market leaders/new entrants in the following ways:

This report segments the elastomeric sealants market and provides the closest approximations of revenue numbers for the overall market and its subsegments across different verticals and regions.
The report is expected to help the stakeholders understand the pulse of the elastomeric sealants market and provide information on key market drivers, restraints, challenges, and opportunities influencing the growth of the market.
This report is expected to help the stakeholders obtain an improved understanding of the competitive landscape of the elastomeric sealants market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on new product launches, mergers, expansions, agreements& contracts, partnerships, acquisitions, and joint ventures.
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