Global Mastic Sealant Market Estimated to Reach US$ 14250.0 Mn by 2022, Due to Growth of Polyurethane Sealants for Construction Activity in Developing Countries.

Some of the prominent participants in mastic sealant market are 3M Company, ND Industries, Inc., H.B. Fuller, Carlisle Fluid Technologies, Bostik Philippines Inc., Eastman chemical Company, Wacker Chemie AG, ADCO Global, Inc., Sika AG, Momentive Chemical Specialty Chemicals Inc., amongst others. In January 2017, H.B. Fuller announced the purchase of industrial adhesive business of Wisdom Worldwide Adhesives based in Illinois, the U.S. extending its presence in this region.

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Mastic is a liquid sealant that is flexible and protects surfaces after drying. Mastic sealant can easily adhere to different materials such as glass, concrete, aluminum, wood, duct board, marble, and steel and can maintain a durable bond for long time. It has a wide range of use that includes connecting windows and other structures in residential areas to filling cracks in different masonry works. Moreover, mastic sealant is also applicable in brick structure, roofing, and cars as well to keep them clean.

Mastic Sealant Market – By Material Type

Silicone
Polyurethane
Acrylic
Polysulfide
Epoxy
Others

Mastic Sealant Market By Sector

Construction
Industrial
Transportation
Appliances
Aerospace
Others

Mastic Sealant Market – By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Construction Anticipated to be the Dominant Segment during the Forecast Period, 2018-2026

Construction accounted for the largest and most attractive market for mastic sealants. Countries such as China, India, Indonesia, Saudi Arabia and UAE have seen an increase in investments as well as government sanctions to develop residential and commercial structures.

Rapid Industrialization and Urbanization to Drive the Market in Asia-Pacific

The rapid industrialization and urbanization in countries such as China and India have resulted in the expansion of various end-user industries such as automotive, construction (residential, and nonresidential) driving the demand for mastic sealant. Besides, the improvements in road and infrastructure maintenance activities in this region are also driving the demand for mastic sealant.

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