Glass Sealant Market By Type (Silicone, Polyurethane, Polysulfide), By End-User (Commercial Construction, Non-Commercial Construction , Transportation) and By Geography – Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023
Glass Sealants Market – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up t2023
The glass sealant is a rubber based sealant, that is considerably secure and has an excellent resistance towards temperatures and climatic ageing. It offers excellent adhesion on glass. Glass sealants are suitable for jointing and sealing of glass. Glass sealant has the advanced properties of universal application tcontrol moisture and water. In the recent years, the popularity of this sealant has grown extraordinarily with the global sealants market attracting a significant share.
The glass sealant market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants has helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:
Key Market Insights
Glass sealants have created a niche market in various applications. Several types of glass sealants are present in the market. The types include a variety of materials such as silicones, polyurethane, and polysulfide resins. In construction, glass sealant is widely used in glazing. Glazing overall, refers ta part of the window, facade panels, rain screens, walls, doors, storefronts, and entrance ways made of glass, that are sealed with this material. Glass sealants for glazing are used tenhance building design, flexibility, visual aesthetics, durability, longevity, UV protection and weather resistance, load-bearing capacity, thermal stress, and low shrinkage.
The extensive use of these sealants in the overall construction and transportation sectors has given a massive boost tthe glass sealant market in the recent years. The rapid growth in economies across the globe and the increasing per capita income among consumers in developing countries are increasing the demand for transportation. This, in turn, is increasing the demand for glass sealants in automobiles. The commercial construction sector is presently leading the market and is expected tremain the same during the forecast years. Emerging economies such as China, India, and Brazil are looking forward ttake advantage of the benefits of glass sealants. Further, the industrial and infrastructural market growth is expected tfoster the glass sealants market.
Asia Pacific is the largest glass sealants market globally, primarily due tthe presence of export-oriented manufacturing capacities and intense domestic demand from various end-user industries. The increase in automobile manufacturing and architectural construction is further driving the market growth in the region. The anticipated economic stability in Europe is expected tboost its manufacturing sector, complementing the growth of the glass sealants market. North America is likely tremain the key region with a significant contribution coming from the US. Few of the prominent companies operating in the glass sealants market are BASF SE, 3M, Dow Corning Corporation, General Electric, and Evonik Industries AG.
Rest of the World
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