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Growth Opportunities for Sealants in Global Automotive Industry 2015-2020

Growth Opportunities for Sealants in Global Automotive Industry 2015-2020

According to a new market report published by Lucintel, the future of sealants in the globalautomotive industry looks attractive with increasing penetration of lightweight materials and risingvehicle production. Sealants in the global automotive industry is forecast to grow at a CAGR of7.1% from 2015 to 2020. The major growth driver for this market is that globally, automotiveoriginal equipment manufacturers are looking to reduce vehicular weight by using lightweightmaterials, such as aluminum and composites, in place of steel, which will increase the usage ofsealants. Sealants are expected to find greater use at the expense of mechanical gaskets basedon their resistance to corrosion and chemicals as well as their ability to reduce noise and vibrationwhile providing significant cost savings.

In this market, polyurethane, plastisols, butyl, silicone, and other sealants are used for automotiveapplications. Lucintel predicts that the demand for polyurethane-based sealants is expected toremain the largest due to their high compatibility with plastic and rubber. On the basis of itscomprehensive research, Lucintel forecasts that polyurethane sealants will record the highestgrowth during the forecast period, supported by increasing penetration of light materials in thecoming years which will make this variety of sealants a more attractive material for OEMs.Polyurethane sealants are high-performance sealants noted for their elasticity and excellentabrasion resistance.

In terms of sealant consumption in the automotive industry, the passenger car segment isexpected to remain the largest segment by value and volume. Development of sealing andbonding technologies for applications in the automotive industry is expected to spur growth forthis segment over the forecast period.

Asia Pacific is expected to remain the largest market due to an increase in production of cars andlight commercial vehicles in China and India. Europe and North America are expected to witnesssignificant growth over the forecast period due to increasing penetration of sealants and rise inautomotive production.

For market expansion, the report suggests innovation and new product development, where theunique characteristics of sealants can be capitalized. The report further suggests thedevelopment of partnerships with customers to create win-win situations and the development oflow-cost solutions for end users.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasinguse of composites and lightweight materials in automotive, suppliers to the automotive industryare developing materials that can cure at low temperature, and rising demand for better insulatedcar cabins is generating opportunities for the use of sealants. Henkel AG & Co KGaA, 3MCompany, The Dow Chemical Company, and Sika AG are among the major suppliers ofautomotive sealants. There are some companies that are opting for M&A as a strategic initiativefor driving growth.the global automotive industry by vehicle, resin, application type, and region and has come upwith a comprehensive research report, “Growth Opportunities for Sealants in GlobalAutomotive Industry 2015-2020: Trend, Profit, and Forecast Analysis.” The Lucintel reportserves as a springboard for growth strategy, as it provides a comprehensive data and analysis ontrends, key drivers, and directions. The study includes the forecast of sealants in the globalautomotive industry through 2020, segmented by vehicle, resin, application type, and region asfollows:

By vehicle type [volume (million pounds) and $ million shipment from 2009 to 2020]-

  • Passenger Cars
  • Light Commercial Vehicles
By resin type [volume (million pounds) and $ million shipment from 2009 to 2020]-
  • Polyurethane Sealants
  • Plastisol Sealants
  • Butyl Sealants
  • Silicone Sealants
  • Other Sealants (Polysulfide Sealants and Silyl Modified Sealants)
By region [volume (million pounds) and $ million shipment from 2009 to 2020]-
  • North America
  • Europe
  • Asia Pacific
  • Rest of World
By application type [volume (million pounds) and $ million shipment for 2014 and 2020]-
  • Interior Application
  • Exterior Application
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.

Features of This Report:

To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.

Some of the features of “Growth Opportunities for Sealants in Global Automotive Industry 2015-2020: Trend, Forecast, and Opportunity Analysis” include:
  • Market size estimates: Sealants in global automotive industry size estimation in terms of volume (M lbs) and value ($ Mil) shipment.
  • Trend and forecast analysis: Sealants in global automotive industry trend (2009-2014) and forecast (2015-2020) by region and by segment.
  • Segmentation analysis: Sealants in global automotive industry size by various resin type such as polyurethane, plastisol, butyl, silicone and others.
  • Sealants in global automotive industry size by various vehicle type such as passenger cars and light commercial vehicle
  • Regional analysis: Sealants in global automotive industry breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
  • Sealants in global automotive industry size by various application type for current year such as interior and exterior
  • Growth opportunities: Analysis on growth opportunities in different applications and regions.
  • Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of sealants in global automotive industry suppliers.
  • Emerging applications: Emerging applications of sealants in global automotive industry in various markets.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.


1. Executive Summary
2. Industry Background and Classifications
2.1: Introduction
2.1.1: Applications of Sealants in Global Automotive Industry
2.1.2: Classification of Sealants in Global Automotive Industry by Product Type
2.1.3: Advantages of Sealant Usage
2.1.4: Difficulties in Sealant Usage
2.1.5: Comparison of Sealants with Substitutes
2.2: Supply Chain
3. Market Trend and Forecast Analysis
3.1: Market Analysis 2014
3.1.1: Sealants in Global Automotive Industry by Value and Volume
3.1.2: Regional Market for Sealants in Automotive Industry by Value and Volume
3.1.3: Sealant Consumption in Automotive Industry by Country
3.2: Market Trend 2009-2014
3.2.1: Macroeconomic Trends
3.2.2: Trend of Sealants in Global Automotive Industry by Value and Volume
3.2.3: Trend of Sealants in North American Automotive Industry by Value and Volume
3.2.4: Trend of Sealants in European Automotive Industry by Value and Volume
3.2.5: Trend of Sealants in APAC Automotive Industry by Value and Volume
3.2.6: Trend of Sealants in ROW Automotive Industry by Value and Volume
3.2.7: External Forces Shaping Sealant Consumption in Global Automotive Industry
3.2.8: Industry Drivers and Challenges
3.3: Market Forecast 2015–2020
3.3.1: Macroeconomic Forecasts
3.3.2: Forecast for Sealants in Global Automotive Industry by Value and Volume
3.3.3: Forecast for Sealants in North American Automotive Industry by Value and Volume
3.3.4: Forecast for Sealants in European Automotive Industry by Value and Volume
3.3.5: Forecast for Sealants in APAC Automotive Industry by Value and Volume
3.3.6: Forecast for Sealants in ROW Automotive Industry by Value and Volume
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Growth Leadership Analysis
4.6: Porter’s Five Forces Analysis
5. Growth Opportunity & Strategic Analysis
5.1: Growth Opportunities Analysis
5.1.1: Growth Opportunities for Sealants in Global Automotive Industry by Region
5.1.2: Growth Opportunities for Sealants in Global Automotive Industry by Product Type
5.1.3: Innovations in Global Sealant Industry for Automotive Applications
5.2: Emerging Trends for Sealants in Global Automotive Industry
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Expansion Strategy
5.4: Opportunities for Sealants in Global Automotive Industry across the Globe
5.4.1: Product-Market Growth Strategy for Sealants in Global Automotive Industry
5.5: Mergers and Acquisitions in Global Automotive Sealant Industry
6. Company Profiles of Leading Players

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