A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global High
Temperature Sealants
Market. The
study, titled “High
Temperature Sealants Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
A
high temperature sealant is a substance which is used to block the
passage of fluids through a surface or joints in materials. High
temperature sealants are emerging as a substitute to adhesives in
several manufacturing industries, as they typically have lower
strength and higher elongation as compared to adhesives. High
temperature sealants are majorly utilized for a variety of metal
surfaces such as aluminum, tin, steel, and iron. They are also
employed for various applications such as fire protection equipment,
installation of ceramic flue liners, jointing vermiculite,
construction and high temperature plasterboards.
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Factors
such as increase in demand for electrical components in industrial
applications is a major driver of the market. Properties such as
extreme temperature resistance, high durability, and excellent bond
strength makes high temperature sealants suitable to be utilized in
automotive and construction industries. This, in turn, is likely to
boost the demand in these industries during the forecast period.
Additionally,
increasing automobile production in countries such as China, India,
and Japan is also attributed to drive the market. Rapid expansion of
electrical and electronics and construction industries is also
fueling the demand for high-temperature sealants across the globe.
The global high temperature sealants market has witnessed numerous
growth opportunities over the last few years and is estimated to
expand at a significant pace during the forecast period.
Volatile
raw material prices and availability of substitutes are major factors
restraining the market. Furthermore, the need to paint twice after
application of silicone is a major hindrance in the expansion of the
high temperature sealants market.
Based
on chemistry, the global high sealants market is segregated into
silicone, epoxy, and others. It is widely employed in industrial
construction, as it blocks dust, sound, and heat transmission.
In
terms of application, the high temperature sealants market can be
segmented into electrical and electronics products, industrial uses,
automotive, transportation, construction, and others. High
temperature sealants are largely utilized for dressing or
manufacturing materials in electronics and electrical assemblies.
They also help in easy maintenance of clamping loads and lends a
leak-proof characteristics in electronics, automotive, and
transportation industries.
In
terms of geography, the global high temperature sealants market is
segmented into North America, Latin America, Europe, Asia Pacific,
and Middle East & Africa. Among these, The countries in Asia
Pacific such as China, Japan, and India are witnessing a significant
demand for high temperature sealants due to the rise in electronics
and automotive industries base. These nations are focusing on market
strategies such as mergers, acquisitions, and increasing
partnerships. A major emphasis has been on technological
advancements, innovations, and R&D activities to grab
considerable market opportunities. They are also focusing on
strengthening their market capabilities in terms of their
manufacturing and industrial base.
Key
players operating in the high temperature sealants market are Dow
Corning Corporation, HB Fuller, Bostik SA, CSW industries Inc., 3M
Company, Henkel AG & Co., Wacker Chemie AG, Sika AG, and PPG
Industries Inc.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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