A new research report by Transparency Market Research offers a comprehensive evaluation of the global Mastic Sealant Market. The study, titled “Mastic Sealant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024”, is available for sale on the firm’s website.
Mastic sealant is a flexible, liquid sealant. It protects surfaces even after drying. Mastic sealant can adhere to materials such as aluminum, glass, concrete, wood, marble, steel, and duct board, thus maintaining a durable bond for long period. It is used in bathtubs, and connecting windows and structures in the residential sector. It can also be employed to fill cracks in various masonry applications in the nonresidential sector. Furthermore, mastic sealant is used in roofing, brick structures, and even cars and boats to keep them dust-free. It is waterproof and highly resistant to low and high temperatures due to the presence of ultraviolet (UV) inhibitors. Additionally, mastic sealant works well with metals; it usually does not corrode them over time. Mastic sealant is also used in load-bearing walls and ceiling applications.
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Based on type, the market for mastic sealant can be segmented into oil based mastic sealant, silicone sanitary grade, glazing silicone, rubber based, acrylic, caulk, polyurethane, and high temperature based. Oil based mastic sealant remains fluid under a fast forming skin and can be painted even if being allowed to dry. Silicone sanitary grade type sealant, which consists of a long chain of polymer, is used to seal bath or basin areas. Glazing silicon is employed to seal nonporous substrates. Rubber based sealant is used to seal cracks in flat roofs and gutters. Thus, it can be employed in damp conditions. Rubber based sealant can adhere to bitumen as well as plastic substrates. Acrylic sealant is a water based sealant, which can be used in wooden substrates. Caulk type sealant is employed to fill cracks and sealing gaps in skirting boards. Polyurethane type sealant can be used in dry conditions due to its prime features such as high tensile strength. High temperature sealant is used to seal fire ducts that need to be protected from heat. The rubber based segment is expected to expand significantly during the forecast period primarily due to the high workability, tensile strength, and adhesion of these type of sealants. This is anticipated to drive the mastic sealant market across the globe.
Rise in demand for mastic sealant in various applications, such as pressure sensitive, construction, furniture, and automotive, is estimated to drive the mastic sealant market during the forecast period. Easy penetration of substrates, material insolubility, and resistance to corrosion are some of the key features estimated to boost the mastic sealant market during the forecast period. Mastic sealant is not used in applications that require extreme joint movements due to its flexibility. It can work well in thick applications such as large cracks and gaps rather than in thinner areas. These are some of the challenges for market players. However, manufacturers are coming up with newly formulated mastic sealant products that provide good workability even in applications entailing extreme joint movements.
In terms of region, the global market for mastic sealant can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the mastic sealant market in the near future primarily due to the rapid industrialization and urbanization in countries such as China and India. Various end-use industries such as automotive, construction, residential, and nonresidential have been expanding due to the increase in urbanization and industrialization. This, in turn, is boosting the mastic sealant market. Rise in road and infrastructure maintenance activities in countries such as the U.S., Germany, and Australia is also driving the demand for mastic sealant.
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Key players operating in the mastic sealant market include Wacker Chemie AG, H.B. Fuller, Mapei U.K. Ltd, ADCO Global, Inc., and Bostik Philippines Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
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