Sealant is a substance used to block the passage of fluids through the surface or joints or openings in materials, a type of mechanical seal. In building construction sealant is sometimes synonymous with caulking and also serve the purposes of blocking dust, sound and heat transmission. Sealants may be weak or strong, flexible or rigid, permanent or temporary. Sealants are not adhesives but some have adhesive qualities and are called adhesive-sealants or structural sealants.
Growth in global trade for crude oil, coal and other resources along with rapid globalization will propel the marine sealants market growth. Seaborne trade accounts for 90% of the overall international trade. Increasing global GDP coupled with recovery from economic crisis will stimulate the industry growth. Rising demand for food is a key factor to drive the marine sealants market. Asia-Pacific is the key regional market for marine sealant industry with the significant developments witnessed in China, India and Japan. Asia-pacific is expected to maintain its position in marine sealant market due to rapid industrialization. Additionally, Europe marine sealants is estimated to grow over the forecast period, However, the region is expected to witness economic uncertainties and stringent emission regulations for fleet dealers to shift to environment friendly products.
Global Marine Sealant market size will increase to 2220 Million US$ by 2025, from 1590 Million US$ in 2018, at a CAGR of 4.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Marine Sealant.
This report researches the worldwide Marine Sealant market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Marine Sealant breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Illinois Tool Works
RPM International
Franklin International
H.B. Fuller
Henkel
Sika
SABA
Bostik
Marine Sealant Breakdown Data by Type
Silicone
Polyurethane
Polysulfide
Butyl
Marine Sealant Breakdown Data by Application
Water-Line Sealing
Below Water-Line Sealing
Deck to Hull
Window Bonding
Marine Sealant Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Marine Sealant Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Marine Sealant capacity, production, value, consumption, status and forecast;
To focus on the key Marine Sealant manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Marine Sealant :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Marine Sealant. Industry analysis & Market Report on Marine Sealant is a syndicated market report, published as Global Marine Sealant Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Marine Sealant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.