FEATURED COMPANIES
- 3M Company
- Basf Se
- General Sealants Inc
- Henkel AG & Co Kgaa
- ITW Performance Polymers
- Sika AG
MARKET OUTLOOK
This research report on the Asia-Pacific sealants market estimates the market to develop in revenue and volume at a CAGR of 6.15% and 4.81%, respectively, during 2021-2028. India, South Korea, China, Australia & New Zealand, Japan, ASEAN countries, and Rest of APAC form the overall market in this region.
India is considered to have the fifth-largest packaging industry globally, and it is estimated to grow further in the near future. The industry’s growth is mainly due to the rising innovations in industries to transform products to become more compact and portable. Moreover, rising employment across the nation has led to an increase in the adoption of ready-to-eat products. Additionally, there is a growing demand for cosmetic products, along with rising e-commerce platforms. Hence, the rapid growth in the e-commerce sector and demand from multiple end-user industries, such as food & beverage and cosmetics, are stimulating the demand for sealants in the packaging sector, thereby propelling the sealants market’s progress in India.
Likewise, in South Korea, the packaging industry has been observing significant growth in the recent past due to the rising product packaging innovations that make them more convenient for consumers. For instance, microwavable packaging is expected to impact the overall packaging sector in the near future positively. Further, the consumption of South Korean staple food and rice has reduced significantly, and the consumption of meat and dairy products has surged. Also, the younger population is showing an inclination towards western-style foods and brands. These factors are largely contributing to the growth of the packaging industry. Thus, the packaging industry's growing trends are likely to increase the demand for sealants, boosting the South Korean sealants market.
COMPETITIVE OUTLOOK
Some of the companies in the sealants market are ITW Performance Polymers, Pidilite Industries Limited, HB Fuller Company, Henkel Ag & Co KGaA, Momentive Performance Materials Inc (MPM), Dow Chemical Company, and Arkema SA.
This research report on the Asia-Pacific sealants market estimates the market to develop in revenue and volume at a CAGR of 6.15% and 4.81%, respectively, during 2021-2028. India, South Korea, China, Australia & New Zealand, Japan, ASEAN countries, and Rest of APAC form the overall market in this region.
India is considered to have the fifth-largest packaging industry globally, and it is estimated to grow further in the near future. The industry’s growth is mainly due to the rising innovations in industries to transform products to become more compact and portable. Moreover, rising employment across the nation has led to an increase in the adoption of ready-to-eat products. Additionally, there is a growing demand for cosmetic products, along with rising e-commerce platforms. Hence, the rapid growth in the e-commerce sector and demand from multiple end-user industries, such as food & beverage and cosmetics, are stimulating the demand for sealants in the packaging sector, thereby propelling the sealants market’s progress in India.
Likewise, in South Korea, the packaging industry has been observing significant growth in the recent past due to the rising product packaging innovations that make them more convenient for consumers. For instance, microwavable packaging is expected to impact the overall packaging sector in the near future positively. Further, the consumption of South Korean staple food and rice has reduced significantly, and the consumption of meat and dairy products has surged. Also, the younger population is showing an inclination towards western-style foods and brands. These factors are largely contributing to the growth of the packaging industry. Thus, the packaging industry's growing trends are likely to increase the demand for sealants, boosting the South Korean sealants market.
COMPETITIVE OUTLOOK
Some of the companies in the sealants market are ITW Performance Polymers, Pidilite Industries Limited, HB Fuller Company, Henkel Ag & Co KGaA, Momentive Performance Materials Inc (MPM), Dow Chemical Company, and Arkema SA.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- 3M Company
- Basf Se
- General Sealants Inc
- Henkel AG & Co Kgaa
- ITW Performance Polymers
- Sika AG
1. Asia-Pacific Sealants Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on Sealants Market
2.2. Key Insights
2.2.1. Continual R&D Activities Resulting in New Types of Sealants
2.2.2. Applications of Sealants in Transportation
2.2.3. Emergence of Nanoengineered Sealants
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Product Launch
2.6.3. Partnership & Agreement
2.6.4. Business Expansion
2.7. Market Drivers
2.7.1. Applications in Construction Industry
2.7.2. Demand from Automotive Industry
2.8. Market Restraints
2.8.1. Fluctuating Prices of Raw Materials
2.9. Market Opportunities
2.9.1. Widening Applications in Medical Industry
2.9.2. Rise in Usage from Aircraft & Aerospace Industry
3. Asia-Pacific Sealants Market Outlook - by Sealant Type (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
3.1. Silicone
3.2. Polyurethane
3.3. Acrylic
3.4. Polyvinyl Acetate
3.5. Other Sealant Types
4. Asia-Pacific Sealants Market Outlook - by End-User (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
4.1. Construction
4.2. Automotive
4.3. Packaging
4.4. Assembly
4.5. Pressure Sensitive Tapes
4.6. Consumer Electronics
4.7. Other End-Users
5. Asia-Pacific Sealants Market – Regional Outlook (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
5.1. China
5.2. Japan
5.3. India
5.4. South Korea
5.5. Asean Countries
5.6. Australia & New Zealand
5.7. Rest of Asia-Pacific
6. Competitive Landscape
6.1. 3M Company
6.2. Arkema Sa
6.3. Avery Dennison Corporation
6.4. Basf Se
6.5. Dow Chemical Company
6.6. General Sealants Inc
6.7. Hb Fuller Company
6.8. Henkel AG & Co Kgaa
6.9. Huntsman Corporation
6.10. ITW Performance Polymers
6.11. Momentive Performance Materials Inc (Mpm)
6.12. Pidilite Industries Limited
6.13. RPM International Inc
6.14. Sika AG
6.15. Uniseal Inc
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology
Table List
Table 1: Asia-Pacific Sealants Market, by Country, 2021-2028 (In Kiloton)
Table 2: Asia-Pacific Sealants Market, by Country, 2021-2028 (In $ Million)
Table 3: Vendor Scorecard
Table 4: Asia-Pacific Sealants Market, by Sealant Type, 2021-2028 (In Kiloton)
Table 5: Asia-Pacific Sealants Market, by Sealant Type, 2021-2028 (In $ Million)
Table 6: Asia-Pacific Sealants Market, by End-User, 2021-2028 (In Kiloton)
Table 7: Asia-Pacific Sealants Market, by End-User, 2021-2028 (In $ Million)
Table 8: Asia-Pacific Sealants Market, by Country, 2021-2028 (In Kiloton)
Table 9: Asia-Pacific Sealants Market, by Country, 2021-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Asia-Pacific Sealants Market, by Silicone, 2021-2028 (In $ Million)
Figure 3: Asia-Pacific Sealants Market, by Polyurethane, 2021-2028 (In $ Million)
Figure 4: Asia-Pacific Sealants Market, by Acrylic, 2021-2028 (In $ Million)
Figure 5: Asia-Pacific Sealants Market, by Polyvinyl Acetate, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific Sealants Market, by Other Sealant Types, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Sealants Market, by Construction, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Sealants Market, by Automotive, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Sealants Market, by Packaging, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Sealants Market, by Assembly, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific Sealants Market, by Pressure Sensitive Tapes, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Sealants Market, by Consumer Electronics, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Sealants Market, by Other End-Users, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Sealants Market, Regional Outlook, 2020 and 2028 (In %)
Figure 15: China Sealants Market 2021-2028 (In $ Million)
Figure 16: Japan Sealants Market 2021-2028 (In $ Million)
Figure 17: India Sealants Market 2021-2028 (In $ Million)
Figure 18: South Korea Sealants Market 2021-2028 (In $ Million)
Figure 19: Asean Countries Sealants Market 2021-2028 (In $ Million)
Figure 20: Australia & New Zealand Sealants Market 2021-2028 (In $ Million)
Figure 21: Rest of Asia-Pacific Sealants Market 2021-2028 (In $ Million)
2. Industry Outlook
2.1. Impact of Covid-19 on Sealants Market
2.2. Key Insights
2.2.1. Continual R&D Activities Resulting in New Types of Sealants
2.2.2. Applications of Sealants in Transportation
2.2.3. Emergence of Nanoengineered Sealants
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Product Launch
2.6.3. Partnership & Agreement
2.6.4. Business Expansion
2.7. Market Drivers
2.7.1. Applications in Construction Industry
2.7.2. Demand from Automotive Industry
2.8. Market Restraints
2.8.1. Fluctuating Prices of Raw Materials
2.9. Market Opportunities
2.9.1. Widening Applications in Medical Industry
2.9.2. Rise in Usage from Aircraft & Aerospace Industry
3. Asia-Pacific Sealants Market Outlook - by Sealant Type (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
3.1. Silicone
3.2. Polyurethane
3.3. Acrylic
3.4. Polyvinyl Acetate
3.5. Other Sealant Types
4. Asia-Pacific Sealants Market Outlook - by End-User (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
4.1. Construction
4.2. Automotive
4.3. Packaging
4.4. Assembly
4.5. Pressure Sensitive Tapes
4.6. Consumer Electronics
4.7. Other End-Users
5. Asia-Pacific Sealants Market – Regional Outlook (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
5.1. China
5.2. Japan
5.3. India
5.4. South Korea
5.5. Asean Countries
5.6. Australia & New Zealand
5.7. Rest of Asia-Pacific
6. Competitive Landscape
6.1. 3M Company
6.2. Arkema Sa
6.3. Avery Dennison Corporation
6.4. Basf Se
6.5. Dow Chemical Company
6.6. General Sealants Inc
6.7. Hb Fuller Company
6.8. Henkel AG & Co Kgaa
6.9. Huntsman Corporation
6.10. ITW Performance Polymers
6.11. Momentive Performance Materials Inc (Mpm)
6.12. Pidilite Industries Limited
6.13. RPM International Inc
6.14. Sika AG
6.15. Uniseal Inc
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology
Table List
Table 1: Asia-Pacific Sealants Market, by Country, 2021-2028 (In Kiloton)
Table 2: Asia-Pacific Sealants Market, by Country, 2021-2028 (In $ Million)
Table 3: Vendor Scorecard
Table 4: Asia-Pacific Sealants Market, by Sealant Type, 2021-2028 (In Kiloton)
Table 5: Asia-Pacific Sealants Market, by Sealant Type, 2021-2028 (In $ Million)
Table 6: Asia-Pacific Sealants Market, by End-User, 2021-2028 (In Kiloton)
Table 7: Asia-Pacific Sealants Market, by End-User, 2021-2028 (In $ Million)
Table 8: Asia-Pacific Sealants Market, by Country, 2021-2028 (In Kiloton)
Table 9: Asia-Pacific Sealants Market, by Country, 2021-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Asia-Pacific Sealants Market, by Silicone, 2021-2028 (In $ Million)
Figure 3: Asia-Pacific Sealants Market, by Polyurethane, 2021-2028 (In $ Million)
Figure 4: Asia-Pacific Sealants Market, by Acrylic, 2021-2028 (In $ Million)
Figure 5: Asia-Pacific Sealants Market, by Polyvinyl Acetate, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific Sealants Market, by Other Sealant Types, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Sealants Market, by Construction, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Sealants Market, by Automotive, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Sealants Market, by Packaging, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Sealants Market, by Assembly, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific Sealants Market, by Pressure Sensitive Tapes, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Sealants Market, by Consumer Electronics, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Sealants Market, by Other End-Users, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Sealants Market, Regional Outlook, 2020 and 2028 (In %)
Figure 15: China Sealants Market 2021-2028 (In $ Million)
Figure 16: Japan Sealants Market 2021-2028 (In $ Million)
Figure 17: India Sealants Market 2021-2028 (In $ Million)
Figure 18: South Korea Sealants Market 2021-2028 (In $ Million)
Figure 19: Asean Countries Sealants Market 2021-2028 (In $ Million)
Figure 20: Australia & New Zealand Sealants Market 2021-2028 (In $ Million)
Figure 21: Rest of Asia-Pacific Sealants Market 2021-2028 (In $ Million)
Note: Product cover images may vary from those shown
- 3M Company
- Arkema Sa
- Avery Dennison Corporation
- Basf Se
- Dow Chemical Company
- General Sealants Inc
- Hb Fuller Company
- Henkel AG & Co Kgaa
- Huntsman Corporation
- ITW Performance Polymers
- Momentive Performance Materials Inc (Mpm)
- Pidilite Industries Limited
- RPM International Inc
- Sika AG
- Uniseal Inc
Note: Product cover images may vary from those shown
LOADING...
