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Global Marine Sealants Market 2018-2022

Global Marine Sealants Market 2018-2022

About Marine Sealants

Sealant is a substance used to block the flow of fluids from joints or openings in materials. It is a type of mechanical seal that can be used above and below the waterline in marine applications. Sealants used in marine applications block the passage of air and water between two or more surfaces. They provide adhesion to surfaces and protect them from vibrations, electrolysis, and noise.

Technavio’s analysts forecast the global marine sealants market to grow at a CAGR of 6.14 % during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine sealants market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of marine sealants.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Marine Sealants Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • ARKEMA
  • DowDuPont
  • Henkel
  • Sika
Market driver
  • Increasing investments in R&D activities
  • For a full, detailed list, view our report
Market challenge
  • Volatile prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for marine sealants from commercial segment
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Marine Sealants Market 2018-2022

Technavio recognizes the following companies as the key players in the global marine sealants market: 3M, ARKEMA, DowDuPont, Henkel, and Sika.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing demand for marine sealants from commercial segment. The growing oil and gas industry and increasing use of petroleum products have led to an increase in the demand for tankers. Oil and gas are shipped in tankers that require marine sealants. Energy and related sectors fuel the demand for coal. Coal reserves are concentrated in specific regions and are transported through sea-routes. The increase in ore trading has fueled the demand for dry bulk carrier cargoes.”

According to the report, one of the major drivers for this market is Increasing investments in R&D activities. Manufacturing and commercialization of biodegradable marine sealants are anticipated to drive market growth during the forecast period. R&D activities on biodegradable marine sealants focus on using feedstock such as polyols, soybean, vegetable oil, and other organic materials. The adoption of biodegradable sealants is expected to contribute to the demand for marine sealants.

Further, the report states that one of the major factors hindering the growth of this market is Volatile prices of raw materials. Polymeric materials are commonly used for producing marine sealants. Acrylic, silicone, and polyurethane are some of the raw materials. Most of the raw materials used for in the production of marine sealants are the downstream products of crude oil. The high price of crude oil is expected to have an impact on the prices of raw materials.

Companies Mentioned

3M, ARKEMA, DowDuPont, Henkel, and Sika.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Advantages of adhesives
      • Table Global consumption of sealant by type 2017 (% share of revenue)
      • Table Types of sealants used in industries
      • Table Global adhesives and sealants market
      • Table Segmentation of global adhesives and sealants market (parent market)
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global marine sealants market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global marine sealants market- Market size and forecast 2017-2022 ($ millions)
      • Table Global marine sealants market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product type
    • Segmentation by product type
      • Table Product type - Market share 2017-2022 (% share of revenue)
    • Comparison by product type
      • Table Comparison by product type
    • Polysulfide - Market size and forecast 2017-2022
      • Table Polysulfide - Market size and forecast 2017-2022 ($ millions)
      • Table Polysulfide - Year-over-year growth 2018-2022 (%)
    • Silicone - Market size and forecast 2017-2022
      • Table Silicone - Market size and forecast 2017-2022 ($ millions)
      • Table Silicone - Year-over-year growth 2018-2022 (%)
    • Polyurethane - Market size and forecast 2017-2022
      • Table Polyurethane - Market size and forecast 2017-2022 ($ millions)
      • Table Polyurethane - Year-over-year growth 2018-2022 (%)
    • Butyl - Market size and forecast 2017-2022
      • Table Butyl - Market size and forecast 2017-2022 ($ millions)
      • Table Butyl - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ millions)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product type
      • Table Market opportunity by product type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global marine sealants market by geography 2017-2022 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ millions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Company R&D spending 2016
    • Market challenges
      • Table Global prices of crude oil ($ per barrel)
  • Market trends
    • Increasing demand for marine sealants from commercial segment
    • Increasing demand for polyurethane sealants
      • Table Sealants and their use
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M
      • Table 3M: Overview 2016
      • Table 3M - Business segments
      • Table 3M - Organizational developments
      • Table 3M - Geographic focus
      • Table 3M - Segment focus
      • Table 3M - Key offerings
    • ARKEMA
      • Table ARKEMA: Overview 2016
      • Table ARKEMA - Business segments
      • Table ARKEMA- Organizational developments
      • Table ARKEMA - Geographic focus
      • Table ARKEMA - Segment focus
      • Table ARKEMA- Key offerings
    • DowDuPont
      • Table DowDuPont: Overview 2016
      • Table DowDuPont - Business segments
      • Table DowDuPont- Organizational developments
      • Table DowDuPont- Geographic focus
      • Table DowDuPont- Segment focus
      • Table DowDuPont- Key offerings
    • Henkel
      • Table Henkel: Overview 2016
      • Table Henkel - Business segments
      • Table Henkel - Organizational developments
      • Table Henkel - Geographic focus
      • Table Henkel - Segment focus
      • Table Henkel - Key offerings
    • Sika
      • Table Sika: Overview 2016
      • Table Sika - Business segments
      • Table Sika - Organizational developments
      • Table Sika - Geographic focus
      • Table Sika - Segment focus
      • Table Sika - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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