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Polysulfide Sealants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region

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    Report

  • 219 Pages
  • March 2024
  • Fairfield Market Research
  • ID: 5952629
Global polysulfide sealants market, projecting its value to reach US$ 2.0 billion by 2031. This signifies a steady growth trajectory at a CAGR of over 4.5% during the forecast period 2024-2031. The report attributes this expansion to the increasing demand for high-performance sealants across various industries, most notably construction, civil engineering, and aerospace.

Unpacking the Growth Drivers: A Closer Look at Key Trends

Flourishing Construction Activities in Developing Economies: T

he relentless urbanization and industrialization witnessed in developing countries like China and India are propelling the construction industry forward. This translates to a heightened demand for polysulfide sealants, which excel in sealing joints designed for long-term liquid immersion. Furthermore, stringent regulations regarding VOC emissions are creating a favorable environment for polysulfide sealants. These sealants boast negligible solvent content and emit no VOCs throughout their lifespan, making them an attractive alternative to conventional options.

2-Component Polysulfide Sealants: Emerging as the Frontrunner

The polysulfide sealants market can be broadly categorized into 1-component and 2-component variants. Fairfield Market Research analysis anticipates 2-component polysulfide sealants to capture a significant share of the market and exhibit above-average growth throughout the forecast period. This dominance can be attributed to their superior properties. They offer enhanced resistance to solvents, grease, oils, and water, making them the ideal choice for applications in aircraft fuel tanks and swimming pools. Additionally, 2-component sealants come at a relatively lower cost and boast shorter curing times compared to their 1-component counterparts, further accelerating their adoption across diverse industries.

Commercial and Civil Engineering Segments: Powering Market Expansion

The burgeoning construction activities in developing regions like Asia Pacific, Latin America, and the Middle East & Africa are a key driver for the polysulfide sealants market. Governments in these regions are prioritizing the development of residential and civic infrastructure, which is expected to significantly influence the demand for polysulfide sealants. When it comes to application segments, the commercial sector is poised to dominate the market, followed closely by the civil engineering segment. The ongoing urbanization trend is prompting government authorities to invest in improved infrastructure facilities like roads and bridges. This focus on civil engineering projects will create substantial opportunities for polysulfide sealants in the coming years.

East Asia: A Construction Powerhouse Leading the Market Charge

East Asia, particularly China, is anticipated to spearhead the global polysulfide sealants market due to its extensive construction activities. Large-scale investments from both private and public sectors are fueling the construction of airports and new road networks. This robust development scenario is creating a high demand for polysulfide sealants. Additionally, the growing emphasis on maintenance and repair applications in the region is expected to further propel the market's growth trajectory.

A Competitive Analysis: Innovation and Acquisitions Define the Market Arena

The global polysulfide sealants market is expected to remain fragmented, with a mix of local and regional players competing alongside established international participants. Key players include BASF SE, H.B. Fuller, Nouryon B.V., PPG Industries, Inc., The 3M Company, Pidilite Industries Ltd., Henkel AG & Company, KGaA, Sika AG, Mapei S.p.A., Fosroc Inc., RPM International Inc., W. R. Meadows Inc., TKK d.o.o., Toray Fine Chemicals Co. Ltd., and GCP Applied Technologies Inc. Leading players in the market are actively pursuing product innovation and strategic acquisitions to expand their market reach and solidify their positions.

Unveiling the Segmentation Analysis

The publisher report offers a detailed segmentation of the polysulfide sealants market based on three key parameters: form, application, and region. This segmentation analysis provides valuable insights into how various dynamics and evolving trends associated with each segment will influence the future development of the polysulfide sealants market.

By Form

  • Gun Grade
  • Pour Grade

By Application

  • High and Low rise Building Structures
  • Walls
  • Flooring
  • Insulated Glass
  • Civil Engineering
  • Underpasses & Tunnels
  • Bridges
  • Roadways & Culverts
  • Commercial
  • Airport Runways
  • Car Park
  • Others
  • Aircraft Components

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA


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Table of Contents

1. Executive Summary
1.1. Global Polysulfide Sealants Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Polysulfide Sealants Market Outlook, 2018 - 2031
3.1. Global Polysulfide Sealants Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. 1 Component
3.1.1.2. 2 Component
3.2. Global Polysulfide Sealants Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. High- and Low-rise Building Structures
3.2.1.2. Civil Engineering
3.2.1.3. Aircraft Components
3.2.1.4. Commercial
3.3. Global Polysulfide Sealants Market Outlook, by Region, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Polysulfide Sealants Market Outlook, 2018 - 2031
4.1. North America Polysulfide Sealants Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. 1 Component
4.1.1.2. 2 Component
4.2. North America Polysulfide Sealants Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. High- and Low-rise Building Structures
4.2.1.2. Civil Engineering
4.2.1.3. Aircraft Components
4.2.1.4. Commercial
4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Polysulfide Sealants Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. U.S. Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.3.1.2. U.S. Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.3.1.3. Canada Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.3.1.4. Canada Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Polysulfide Sealants Market Outlook, 2018 - 2031
5.1. Europe Polysulfide Sealants Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. 1 Component
5.1.1.2. 2 Component
5.2. Europe Polysulfide Sealants Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. High and Low rise Building Structures
5.2.1.2. Civil Engineering
5.2.1.3. Aircraft Components
5.2.1.4. Commercial
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Polysulfide Sealants Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Germany Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.2. Germany Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.3. U.K. Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.4. U.K. Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.5. France Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.6. France Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.7. Italy Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.8. Italy Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.9. Turkey Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.10. Turkey Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.11. Russia Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.12. Russia Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.13. Rest of Europe Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.1.14. Rest of Europe Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Polysulfide Sealants Market Outlook, 2018 - 2031
6.1. Asia Pacific Polysulfide Sealants Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. 1 Component
6.1.1.2. 2 Component
6.2. Asia Pacific Polysulfide Sealants Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. High- and Low-rise Building Structures
6.2.1.2. Civil Engineering
6.2.1.3. Aircraft Components
6.2.1.4. Commercial
6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Polysulfide Sealants Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. China Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.2. China Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.3. Japan Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.4. Japan Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.5. South Korea Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.6. South Korea Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.7. India Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.8. India Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.9. Southeast Asia Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.10. Southeast Asia Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.11. Rest of Asia Pacific Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.1.12. Rest of Asia Pacific Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Polysulfide Sealants Market Outlook, 2018 - 2031
7.1. Latin America Polysulfide Sealants Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. 1 Component
7.1.1.2. 2 Component
7.2. Latin America Polysulfide Sealants Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.2.1.1. High- and Low-rise Building Structures
7.2.1.2. Civil Engineering
7.2.1.3. Aircraft Components
7.2.1.4. Commercial
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Polysulfide Sealants Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Brazil Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.2. Brazil Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.3. Mexico Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.4. Mexico Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.5. Argentina Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.6. Argentina Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.7. Rest of Latin America Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.1.8. Rest of Latin America Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Polysulfide Sealants Market Outlook, 2018 - 2031
8.1. Middle East & Africa Polysulfide Sealants Market Outlook, by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. 1 Component
8.1.1.2. 2 Component
8.2. Middle East & Africa Polysulfide Sealants Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. High- and Low-rise Building Structures
8.2.1.2. Civil Engineering
8.2.1.3. Aircraft Components
8.2.1.4. Commercial
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Polysulfide Sealants Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. GCC Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.2. GCC Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.3. South Africa Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.4. South Africa Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.5. Egypt Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.6. Egypt Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.7. Nigeria Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.8. Nigeria Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.9. Rest of Middle East & Africa Polysulfide Sealants Market by Form, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.1.10. Rest of Middle East & Africa Polysulfide Sealants Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
9.4.1. BASF SE
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. H.B. Fuller
9.4.3. Nouryon B.V.
9.4.4. PPG Industries, Inc.
9.4.5. The 3M Company.
9.4.6. Pidilite Industries Ltd.,
9.4.7. Henkel AG & Company, KGaA
9.4.8. Sika AG
9.4.9. Mapei S.p.A
9.4.10. Fosroc Inc.
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • 3M
  • Akzo Nobel N.V.
  • Sika AG
  • Henkel AG & Company, KGaA
  • H.B. Fuller (Royal Adhesive & Sealants)
  • Fosroc
  • Mapei S.p.A.
  • RPM International Inc. (Euclid Chemical)
  • GCP Applied Technologies Inc.
  • Nouryon
  • PPG Industries, Inc.
  • TKK d.o.o.
  • THE YOKOHAMA RUBBER CO., LTD.
  • Pidilite Industries Ltd.
  • Toray Fine Chemicals Co., Ltd.
  • W. R. Meadows, Inc.

Methodology

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