Sealants Market Size & Share Analysis - Industry Research Report - Growth Trends
Market research on sealants
The market for sealants worldwide is anticipated to grow at a CAGR of 6.29%.
Largest Segment by End User Industry: Building and Construction: Due to the vast range of sealant applications, including joint sealing, insulation, curtain walls, façades and glazing, the building and construction industry is the dominating end user industry.
Silicone sealants have the highest share because of their numerous uses in the building and construction industry as well as the automobile industry, particularly for external applications.
Asia-Pacific is the largest segment by region and is primarily driven by India, China, South Korea, and Japan. This is because sealants are used in a variety of end-user sectors, including building & construction, automotive, and aerospace.
Asia-Pacific is anticipated to have the quickest rate of growth for the sealants market, owing to the region's rapidly growing urbanisation and rising population in nations like China, India, South Korea, and Japan.
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