The sealant industry has been growing steadily across all sectors, including automotive, construction, electronics, transportation, and others. Demand is being driven by the emergence of new market applications resulting from improved assembly processes. Near-term growth in this market will be shaped by increasing miniaturization of electronic components and the development of nanoengineered sealants with superior wear resistance and dimensional stability.
BCC Research provides an in-depth analysis of the global markets for sealants and sealant applicators through its report Sealants and Sealant Applicators: Technologies and Global Markets. According to the report, this market reached nearly $19.1 billion in 2013 and is estimated to hit $19.8 billion in 2014. BCC Research projects the market to grow to $24.1 billion by 2019, and register a five-year compound annual growth rate (CAGR) of 4% from 2014 to 2019.
Use this report for, but not limited to, the following reasons:
- Gain an overview of the global sealants and sealant applications market
- Analyze global market trends, with data from 2012 and 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) for the period 2014 to 2019
- Evaluate product life styles and technology life styles (TLC) of various types of sealants and methods employed by manufacturers and users in maintaining an ecological balance
- Assess a breakdown of global and regional markets for sealants, with the purpose of locating newer markets and expanding the present market position for various types of sealants
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