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Foam Sealant Market by End-user and Geography - Forecast and Analysis 2021-2025

Foam Sealant Market by End-user and Geography - Forecast and Analysis 2021-2025

Published: Jan 2021 120 Pages SKU: IRTNTR70072

Market Overview at a Glance

$906.43 Mn
Market Opportunity
5.89%
CAGR
YoY growth 2019-2020(%)

The foam sealant market size has the potential to grow by USD 906.43 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.89%. 

This report provides a detailed analysis of the market by end-user (building and construction, automotive, and others), geography (APAC, Europe, North America, MEA, and South America), and key vendors. 

Market Overview

Foam-Sealant-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • 3M Co.
  • Arkema SA
  • BASF SE
  • DuPont de Nemours Inc.
  • H.B. Fuller Co.
  • Henkel AG & Co. KGaA
  • Huntsman Corp.
  • Rogers Corp.
  • RPM International Inc.
  • Sika AG

 

The foam sealant market is fragmented and the vendors are deploying growth strategies such as the expansion of product portfolio to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as volatility in raw material prices to achieve growth opportunities. However, factors such as health risks associated with the use of foam sealant products will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the foam sealant market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This foam sealant market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Foam Sealant Market: Key Drivers and Trends

  • The continuously increasing volatility in raw material prices is impacting the market’s growth over the last few years. 
  • Foam sealants are produced by using raw materials, which are majorly the downstream products of crude oil. 
  • The continuous fluctuations in crude oil prices are expected to affect the raw material prices of foam sealants. 
  • The dynamic shifts of prices in the oil and gas industry are also expected to impact the growth as the industry.
  • The increasing production of oil from countries including the US, Mexico and the Organization of the Petroleum Exporting Countries (OPEC) is a major factor contributing towards the decreasing prices of crude oil per barrel.
  • The continuously shifting prices of raw materials obtained from the crude oil is expected to influence the market’s growth positively throughout the forecast period. 
  • The rapidly increasing popularity and demand for bio-based foam sealant are gaining traction in the market.
  • There has been an ongoing research for developing the soy-based polyurethane (PU) foam product augmented with carbon nanotubes, which is expected to foster the demand for foam sealant. 
  • Market players such as DowDuPont have come up with the RENUVA Renewable Resource Technology that breaks down the natural oil to provide better quality and consistent products.
  • Players including BASF and Huntsman International are increasing their investments in R&D activities with an aim to improve the performance of foam sealants.
  • The rising investments in the research and development of bio-based foam sealants will accelerate the growth of the market throughout the forecast period.

 

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Foam Sealant Market: Segmentation by Geography

Foam-Sealant-Market-Market-Share-by-Region-2020-2025

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42% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for foam sealant in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increase in the demand for passenger and fuel-efficient and lightweight cars is one of the prime factors that will facilitate the foam sealant market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

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Foam Sealant Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive foam sealant market growth during the next five years
  • Precise estimation of the foam sealant market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the foam sealant industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of foam sealant market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Building and construction - Market size and forecast 2020-2025
    • Automotive - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 3M Co.
    • Arkema SA
    • BASF SE
    • DuPont de Nemours Inc.
    • H.B. Fuller Co.
    • Henkel AG & Co. KGaA
    • Huntsman Corp.
    • Rogers Corp.
    • RPM International Inc.
    • Sika AG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Methodology

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    Frequently Asked Questions

    Foam Sealant market growth will increase by 906.43 million during 2020-2025 .

    The Foam Sealant market is expected to grow at a CAGR of 5.89% during 2020-2025 .

    Foam Sealant market is segmented by End user( Building and construction, Automotive, Others) Geographic( APAC, Europe, North America, MEA, South America)

    3M Co., Arkema SA, BASF SE, DuPont de Nemours Inc., H.B. Fuller Co., Henkel AG & Co. KGaA, Huntsman Corp., Rogers Corp., RPM International Inc., Sika AG are a few of the key vendors in the Foam Sealant market.

    APAC will register the highest growth rate of 41.85% among the other regions. Therefore, the Foam Sealant market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

    China, US, Germany, India, UK

    • Growth in Construction Industry is the driving factor this market.

    The Foam Sealant market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.