The report"Elastomeric Sealants Market by Type (PS, PU, PB, Silicone, Acrylic, SMP), End-Use Industry (Construction, Automotive & Transportation, Electronics, Furniture & Woodworks, Aerospace & Defense, Marine), Region - Global Forecast to 2022"The elastomeric sealants market is projected to grow from USD 3.77 Billion in 2017 to USD 5.19 Billion by 2022, at a CAGR of 6.6% from 2017 to 2022. The growth of the elastomeric sealants market across the globe can be attributed to the rising demand for elastomeric sealants from the construction and automotive & transportation industries.
The Asia Pacific region is a key market for elastomeric sealants. The growth of the Asia Pacific elastomeric sealants market can be attributed to the increased demand for elastomeric sealants from emerging economies such as China and India. Increasing use of elastomeric sealants in the construction industry is also driving the growth of the Asia Pacific elastomeric sealants market.
The Dow Chemical Company (US), Henkel AG (Germany), 3M Company (US), H.B. Fuller Company (US), Arkema (France), Franklin International (US), Sika AG (Switzerland), Wacker Chemie AG (Germany), RPM International (US), and MAPEI S.p.A. (Italy), among others are the leading players operating in the elastomeric sealants market.
