San Francisco, California, August 18, 2017: The market for polysulfide sealants is expected to continue to witness a healthy growth in the period from 2017 to 2025 on account of the use of these sealants across industries such as electronics, automotive, aviation, marine, electrical, chemical, and aerospace. TMR Research in its latest report studies the global polysulfide sealants market. The report is titled, “Polysulfide Sealants Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.” The growing construction of swimming pools and fountains in housing apartments and other commercial buildings, construction of cooling towers, petrochemical plants, wastewater treatment plants, and chemical and fuel storage tanks will also help spur the demand for polysulfide sealants, as these sealants exhibit excellent resistance to salt water, fuels, ozone, and sunlight, while giving very good performance in submerged conditions.
Polysulfide sealants are effective across a wide temperature range and therefore in demand for sealing aircraft windows and for sound proof windows in buildings. High demand for sealing aircraft fuel tanks, industrial tank liners, offshore structures, and dual pane insulated glass windows will ensure a rapid growth of the global polysulfide sealants market in the near future. Some of the other applications of polysulfide sealants include dental molding compounds, hoses, and gaskets. On the other hand, the global polysulfide sealants market is not able to grow to its fullest potential as these sealants are expensive. The advancements in technology however, could bring down the cost of polysulfide sealants and this may increase their demand.
On the basis of geography, the market is segmented into North America, Asia Pacific, Europe, and the Rest of the World. Of these, Europe and North America are lucrative markets for polysulfide sealants. The flourishing chemical processing industries in Europe and Asia Pacific are expected to fuel the demand for polysulfide sealants. Also, the aerospace industry in North America and Europe will help drive the market in these regions.
The report profiles key players within the global polysulfide sealants market. It includes the business and financial overview of the companies as well as their recent developments. The business strategies adopted by companies are also revealed in the report. The expansion strategies adopted such as mergers and acquisitions, collaborations, partnerships between companies are also discussed. Companies mentioned in the report are: Bondpak, AkzoNobel, Everkem Diversified Products, Ellsworth Adhesives, Henkel, Jinan Better Machinery Co., Ltd, Jinan Ya Xinhua Insulating Glass Materials Co., Ltd, Shanghai Yuanxin Building Materials Co. Ltd, Pecora Corporation PolySpec, and Wellesley Hills.
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