Mastic Sealant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2

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Mastic Sealant Market - Global Industry
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REPORT DESCRIPTION
Mastic sealant is a flexible, liquid sealant. It protects surfaces even after drying. Mastic sealant can adhere to materials such as aluminum, glass,
concrete, wood, marble, steel, and duct board, thus maintaining a durable bond for long period. It is used in bathtubs, and connecting windows
and structures in the residential sector. It can also be employed to fill cracks in various masonry applications in the nonresidential sector.
Furthermore, mastic sealant is used in roofing, brick structures, and even cars and boats to keep them dust-free. It is waterproof and highly
resistant to low and high temperatures due to the presence of ultraviolet (UV) inhibitors. Additionally, mastic sealant works well with metals; it
usually does not corrode them over time. Mastic sealant is also used in load-bearing walls and ceiling applications.
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Based on type, the market for mastic sealant can be segmented into oil based mastic sealant, silicone sanitary grade, glazing silicone, rubber
based, acrylic, caulk, polyurethane, and high temperature based. Oil based mastic sealant remains fluid under a fast forming skin and can be
painted even if being allowed to dry. Silicone sanitary grade type sealant, which consists of a long chain of polymer, is used to seal bath or basin
areas. Glazing silicon is employed to seal nonporous substrates. Rubber based sealant is used to seal cracks in flat roofs and gutters. Thus, it can
be employed in damp conditions. Rubber based sealant can adhere to bitumen as well as plastic substrates. Acrylic sealant is a water based
sealant, which can be used in wooden substrates. Caulk type sealant is employed to fill cracks and sealing gaps in skirting boards. Polyurethane
type sealant can be used in dry conditions due to its prime features such as high tensile strength. High temperature sealant is used to seal fire
ducts that need to be protected from heat. The rubber based segment is expected to expand significantly during the forecast period primarily
due to the high workability, tensile strength, and adhesion of these type of sealants. This is anticipated to drive the mastic sealant market across
the globe.
Rise in demand for mastic sealant in various applications, such as pressure sensitive, construction, furniture, and automotive, is estimated to
drive the mastic sealant market during the forecast period. Easy penetration of substrates, material insolubility, and resistance to corrosion are
some of the key features estimated to boost the mastic sealant market during the forecast period. Mastic sealant is not used in applications that
require extreme joint movements due to its flexibility. It can work well in thick applications such as large cracks and gaps rather than in thinner
areas. These are some of the challenges for market players. However, manufacturers are coming up with newly formulated mastic sealant
products that provide good workability even in applications entailing extreme joint movements.
In terms of region, the global market for mastic sealant can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle
East & Africa. Asia Pacific is anticipated to dominate the mastic sealant market in the near future primarily due to the rapid industrialization and
urbanization in countries such as China and India. Various end-use industries such as automotive, construction, residential, and nonresidential
have been expanding due to the increase in urbanization and industrialization. This, in turn, is boosting the mastic sealant market. Rise in road
and infrastructure maintenance activities in countries such as the U.S., Germany, and Australia is also driving the demand for mastic sealant.
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Key players operating in the mastic sealant market include Wacker Chemie AG, H.B. Fuller, Mapei U.K. Ltd, ADCO Global, Inc., and Bostik
Philippines Inc.
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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Rise in demand for mastic sealant in various applications, such as pressure sensitive, construction, furniture, and automotive, is estimated to drive the mastic sealant market during the forecast period. Easy penetration of substrates, material insolubility, and resistance to corrosion are some of the key features estimated to boost the mastic sealant market during the forecast period. Download the Excluisve Report Sample Here : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18959