Polyurethane Sealants Market Analysis, Segments, Growth and Value Chain 2021-2031

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Polyurethane Sealants Market – Overview

The global polyurethane sealants market is projected to witness significant growth from 2021 to 2031 (forecast period). Increasing building and construction activities and growing automotive demand have resulted in increased demand for polyurethane sealants, which is expected to drive the global polyurethane sealants market. Moreover, strong demand for polyurethane sealants from end-use industries in nations throughout the world is likely to boost the polyurethane sealant market.

Furthermore, many manufacturers are now manufacturing smart polyurethane sealants that provide durable and watertight sealing, attractive appearance, and dynamic joint movement, which is expected to propel the polyurethane sealants market in the upcoming years.

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Polyurethane Sealants Market – Competitive Landscape

Prominent players operating in the global polyurethane sealants market are H.B. Fuller (U.S.), 3M (U.S.), BASF SE (Germany), Arkema S.A. (France), Mapei S.p.A. (Italy), Henkel AG & Company, Sika AG (Switzerland), Konishi Co. Ltd. (Japan), Asian Paints Limited (India), KGaA (Germany), The Dow Chemical Company (U.S.), Soudal N.V. (Belgium), The Yokohama Rubber Co., Ltd. (Japan), ITW Polymers Sealants North America (U.S.), Sel Dýþ Ticaret ve Kimya Sanayi A.Þ. (Turkey), EMS-CHEMIE HOLDING AG (Switzerland), Pidilite Industries Limited (India), and KCC Corporation (Japan).

Players in the polyurethane sealants market use acquisitions, technology launches, and R&D activities as effective strategies. Hodgson Sealants released HY-SPEC® 25, a very elastic hybrid sealant, in 2020 for internal and external perimeter sealing of doors and windows.

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Polyurethane Sealants Market – Trends and Opportunities

Polyurethane sealants outperform other sealants in terms of consistency, adhesion, and abrasion resistance. Polyurethane sealants are widely utilized in the building and construction, marine, automotive, general industrial, and other end-use industries since they dry rapidly and tend to discolor and lose their original white hue when exposed to Ultraviolet light. Polyurethane can be used to repair vehicles, particularly fiberglass ones since it hardens faster than urethane. Polyurethane sealants offer excellent bonding, lightweight, tighter sealing, and stress recovery. They can be molded into practically any shape and are resistant to a wide range of external variables, which is expected to drive the polyurethane sealants market.

The rising demand for polyurethane sealants in the automotive, building & construction, and consumer sectors is likely to propel the polyurethane sealants market. In accordance with this, the surge in demand from developing nations and rapid technological improvements in end-use sectors are expected to be significant variables encouraging the expansion of the polyurethane sealants market. Moreover, growing technical improvements in end-use industries, as well as increased R&D, are likely to positively impact the growth of the polyurethane sealants market. The extensive application of polyurethane sealants due to large investments in the manufacture of sustainable sealants, owing to its safety, waterproof nature, and simplicity of application, is the key factor projected to be responsible for market expansion.

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Polyurethane Sealants Market – Regional Landscape

The polyurethane sealants market in Asia Pacific is expected to develop during the forecast period. Polyurethane sealant makers focus on this regional market since it has the largest construction industry, representing roughly 40% of construction investment worldwide. The polyurethane sealant market in China has expanded swiftly and is expected to grow more in the future due to the country's ongoing shift of global polyurethane sealant production facilities. Moreover, nations such as Thailand, India, and Indonesia are substantially investing in a variety of end-use industries, which is projected to influence the expansion of the polyurethane sealants market in these regions.