Forecast and Analysis on Co-Polymer Sealants Market for Period 2017-2027
Co-Polymer Sealants are the most versatile sealants that can be painted. Co-polymer sealants have excellent adhesion to wet and oily, non-porous surfaces like guttering, roofing sheets etc. Co-polymer sealants possess various physical properties which include flexibility and are designed from cutting-edge co-polymers. Moreover, the product is designed in such a way thatthey deliver excellent adhesion and performance with a wide variety of tile, concrete, slate, roofing substrates, masonry, stone, roofing substrate, aluminium and sheet metal without any requirement of a primer. The Co-polymer sealants are primarily utilized to protect the exterior building envelope from moisture damage and intrusion, housewraps, sealants and flashing products that works together to increase durability, comfort and longevity of the structure.
Co-polymer sealants business is not capital intensive, however it requires a considerable amount of technical service. Technical personnel is required to manufacture the right product in order to meet the customer requirement at a competitive price. Most of the manufacturers are focussing on development of unique technologies and also offering specialized services which command higher prices.
Co-Polymer Sealants Market Segmentation End Use – Building & Construction, Automotive, Others; By Application – Gutter & Sheet Metal, Siding & Trim, Roofing, Industrial
With the technological advancement in the residential as well as non-residential construction, the demand for the co-polymer sealants is expected to upsurge over the forecast period. Moreover, various technical properties of sealants such as glass like clarity, suitable for old and new surfaces, suitable for damp non porous surfaces such as metals, glazed tiles etc., good weatherability and resistance to UV light, paintable with water and oil based paints, and excellent gap filling characteristics are the key factors which are supporting the utilization of co-polymer sealants for the construction purpose. The aforementioned reasons are expected to boost the demand of co-polymer sealants and thus in turn driving the global co-polymer sealants market.
The key challenge identified in the market include fluctuation of raw materials, and requirement of the technical expertise. Technical expertise is one of the key requisite in the co-polymer sealants industry and thus restraining the growth of the global co-polymer sealants market. Solvent-based block co-polymer sealants are the interesting introduction to the market, and also with their joint movement capability, are competitive with other solvent based sealants available in the market. This is expected to be one of the key trends identified in the market across the globe.
Considering regions, Asia-Pacific is expected to account for significant share in the global co-polymer sealants market over the forecast period. China is expected to dominate the co-polymer sealants market in the region in terms of volume as well as value. Rising automotive and construction industry in the region is expected to boost the demand of co-polymer sealants over the next decade. The demand for the co-polymer sealants in North America and Europe is expected to expand at slow growth rate over the forecast period, however Asia-Pacific spearheaded by China is expected to expand at significant growth rate over the forecast period.
Some of the examples of the market participants identified across the value chain of the global Co-Polymer Sealants market include Selleys Australia & New Zealand, Premier Building Solutions, Allfasteners Australia, Henkel AG & Company, Sika AG, Wacker Chemie AG, and others.
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