Polyurethane sealants are moisture cured sealants that possess quick drying time. They are resistant to corrosion, chemical, and moisture. Polyurethane sealants are composed of polyurethane polymer, pigments, fillers, and additives. They are used in various industries such as automotive and building & construction. Polyurethane sealants are used for sealing joints in walls and floors. They are also used on concrete, wood, and metal. They are also employed in sealing and bonding fiberglass panels. They are used for sealing expansion joints in civil engineering structures. Additionally, polyurethane sealants are used to seal automotive interiors, assembly of shoes, textile laminates, and windshield bonding. Polyurethane sealant is one of the preferred materials in wood coating application due to its excellent scuff and abrasion resistance.

Based on product type, the polyurethane sealants market can be bifurcated into one component polyurethane sealants and two component polyurethane sealants. One component polyurethane sealants is a leading segment, which is expected to expand at a significant pace during the forecast period. One component polyurethane sealant system comprises pre-polymer, which is reacted with polyol with excess of diisocyanate, which further reacts with moisture from the air to produce cured polyurethane. One component polyurethane sealants are primarily used in plumbing and sealing roofs and electrical cable. Based on end-user, the market can be segregated into building & construction, automotive, industrial, and marine. Building & construction is one of the leading end-user segments of the polyurethane sealants market, as these sealants are highly elastic, resilient, weather durable, non-sagging, and watertight with excellent adhesion to most building and construction materials. These sealants play an important role in repair and renovation of residential, commercial, and industrial buildings.

Rise in demand for high performance materials with esthetic appeal and high moisture resistance is driving the polyurethane sealants market. High standard of living, due to increase in disposable income, in developing economies such as China, India, Brazil, and Mexico is boosting the demand for customized sealants that come in different colors to match the color of the substrate. Fluctuation in prices of raw materials such as toluene diisocyanate (TDI), succinic acid, polyols, and methylene diphenyl diisocyanate (MDI) is hampering the market. However, rise in consumer interest toward bio-based polyurethane sealants with low VOC emission is expected to provide lucrative opportunities to manufacturers of polyurethane sealants in the near future.

Geographically, the global polyurethane sealants market can be segregated into Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the polyurethane sealants market during the forecast period primarily due to the significant economic growth and increase in construction activities in developing economies such as India, China, and Vietnam in the region. North America and Europe are comparatively mature regions of the market. The polyurethane sealants market in these regions is anticipated to expand at a sluggish pace during the forecast period. The polyurethane sealants market in countries in Eastern Europe such as Russia and Ukraine is projected to expand significantly during the forecast period. This is primarily due to the rise in import and capacity expansion by various key players in the region. Middle East & Africa and Latin America also possess significant growth potential due to high investment in infrastructure development in these regions.

Major players operating in the polyurethane sealants market are The Dow Chemical Company, BASF SE, Bayer, Huntsman Chemical Corporation, and Covestro AG. These companies are actively investing in strategies such as acquisitions, new product developments, and global expansion of projects to increase their market share. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Polyurethane Sealants Market

Pre Book