The Asia Pacific sealants market is projected to register a CAGR of 6.78% in terms of revenue, and 5.51% in terms of volume, over the forecast period of 2021 to 2028. The region’s market growth is supplemented by key drives, such as the developing manufacturing industry, the increase in automotive production, and the rapid urbanization rates. The Asia Pacific sealants market growth is assessed by evaluating India, China, South Korea, Australia & New Zealand, Thailand, Japan, Indonesia, Vietnam, and the rest of the Asia Pacific.
ASIA PACIFIC SEALANTS MARKET FORECAST 2021-2028
Asia Pacific Sealants Market by Product Type (Silicone, Polyurethane, Acrylic, Polyvinyl Acetate, Other Sealant Types) by Application (Construction, Automotive, Packaging, Assembly, Pressure Sensitive Tapes, Consumer Electronics, Other Applications) and by Geography.
The Asia Pacific sealants market is projected to register a CAGR of 6.78% in terms of revenue, and 5.51% in terms of volume, over the forecast period of 2021 to 2028. The region’s market growth is supplemented by key drives, such as the developing manufacturing industry, the increase in automotive production, and the rapid urbanization rates.
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The Asia Pacific sealants market growth is assessed by evaluating India, China, South Korea, Australia & New Zealand, Thailand, Japan, Indonesia, Vietnam, and the rest of the Asia Pacific. China is the largest automobile manufacturer, worldwide. The nation’s automotive sector continues to shape up for product evolution, with a primary focus on manufacturing products. This would ensure driving the economy, and reduce emissions, on account of the rising environmental concerns. However, the market is observing a decline, given the decreased production. The drop is mainly attributed to the trade war between the United States and China. Nevertheless, the production is anticipated to increase, owing to initiatives like, ‘Made in China 2025,’ in order to upgrade the current low-cost mass production.
Japan’s construction industry is anticipated to observe substantial growth opportunities over the upcoming years. The proposed plans to replace the existing oil and gas plants at Yokosuka by 2023 are also expected to result in a leading construction project. Japan’s government also invests in reconstructing properties destroyed by natural catastrophes, such as tsunamis and earthquakes, in addition to the country’s nuclear waste issue. Hence, these factors are anticipated to fuel the market growth during the forecast period.
Pidilite Industries Limited, headquartered in India, is a leading adhesive manufacturing company. It also has a global presence across the fields of art material, adhesives, construction chemicals, as well as other industrial chemicals. The company’s operating segments include, industrial products, consumer and bazaar, and others.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- DEMAND FROM CONSTRUCTION INDUSTRY
- APPLICATIONS IN AUTOMOTIVE INDUSTRY
- KEY RESTRAINTS
- VOLATILITY IN RAW MATERIAL PRICES
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON SEALANTS MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY PRODUCT TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- SILICONE
- POLYURETHANE
- ACRYLIC
- POLYVINYL ACETATE
- OTHER SEALANT TYPES
- MARKET BY APPLICATION (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- CONSTRUCTION
- AUTOMOTIVE
- PACKAGING
- ASSEMBLY
- PRESSURE SENSITIVE TAPES
- CONSUMER ELECTRONICS
- OTHER APPLICATIONS
- GEOGRAPHICAL ANALYSIS (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- ASIA PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGER & ACQUISITIONS
- PRODUCT LAUNCH & DEVELOPMENTS
- PARTNERSHIP/AGREEMENT & COLLABORATION
- BUSINESS EXPANSION
- COMPANY PROFILES
- 3M COMPANY
- ARKEMA SA
- AVERY DENNISON CORPORATION
- BASF SE
- DOW CHEMICAL COMPANY
- GENERAL SEALANTS INC
- HB FULLER COMPANY
- HENKEL AG & CO KGAA
- HUNTSMAN CORPORATION
- ITW PERFORMANCE POLYMERS
- MOMENTIVE PERFORMANCE MATERIALS INC (MPM)
- PIDILITE INDUSTRIES LIMITED
- RPM INTERNATIONAL INC
- SIKA AG
- UNISEAL INC
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – SEALANTS
TABLE 2: ASIA PACIFIC SEALANTS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 3: ASIA PACIFIC SEALANTS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 4: ASIA PACIFIC SEALANTS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: ASIA PACIFIC SEALANTS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA PACIFIC SEALANTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 7: ASIA PACIFIC SEALANTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 8: ASIA PACIFIC SEALANTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: ASIA PACIFIC SEALANTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: ASIA PACIFIC SEALANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 11: ASIA PACIFIC SEALANTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 12: ASIA PACIFIC SEALANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 13: ASIA PACIFIC SEALANTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 14: LEADING PLAYERS OPERATING IN ASIA PACIFIC SEALANTS MARKET
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA PACIFIC SEALANTS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020
FIGURE 6: ASIA PACIFIC SEALANTS MARKET, BY SILICONE, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA PACIFIC SEALANTS MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA PACIFIC SEALANTS MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA PACIFIC SEALANTS MARKET, BY POLYVINYL ACETATE, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA PACIFIC SEALANTS MARKET, BY OTHER SEALANT TYPES, 2021-2028 (IN $ MILLION)
FIGURE 11: ASIA PACIFIC SEALANTS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
FIGURE 12: ASIA PACIFIC SEALANTS MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)
FIGURE 13: ASIA PACIFIC SEALANTS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)
FIGURE 14: ASIA PACIFIC SEALANTS MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)
FIGURE 15: ASIA PACIFIC SEALANTS MARKET, BY ASSEMBLY, 2021-2028 (IN $ MILLION)
FIGURE 16: ASIA PACIFIC SEALANTS MARKET, BY PRESSURE SENSITIVE TAPES, 2021-2028 (IN $ MILLION)
FIGURE 17: ASIA PACIFIC SEALANTS MARKET, BY CONSUMER ELECTRONICS, 2021-2028 (IN $ MILLION)
FIGURE 18: ASIA PACIFIC SEALANTS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 19: ASIA PACIFIC SEALANTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 20: CHINA SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 21: JAPAN SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: INDIA SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: SOUTH KOREA SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: INDONESIA SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: THAILAND SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: VIETNAM SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: AUSTRALIA & NEW ZEALAND SEALANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: REST OF ASIA PACIFIC SEALANTS MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- ASIA PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY PRODUCT TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- SILICONE
- POLYURETHANE
- ACRYLIC
- POLYVINYL ACETATE
- OTHER SEALANT TYPES
- MARKET BY APPLICATION (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- CONSTRUCTION
- AUTOMOTIVE
- PACKAGING
- ASSEMBLY
- PRESSURE SENSITIVE TAPES
- CONSUMER ELECTRONICS
- OTHER APPLICATIONS
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