High Temperature Sealants Market Trends

  • Report ID: 4801
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

High Temperature Sealants Market Trends

Growth Drivers

  • Escalating Production of Automobiles – In the past few years, automobile production across the world has increased at high rates which is expected to raise the high temperature sealants market growth in the near future. These adhesives are perfect for chain covers, axle housings, oil flow seals, & hot engines, and are mostly utilized in the automobile industry for gasket applications such as valve governs water pumps, automotive semiconductors, and oil pans. For instance, 57 million passenger vehicles were produced worldwide in 2021, a 2% rise over the 55.9 million vehicles produced in 2020, reported as by the International Organization of Motor Vehicle Manufacturers.
  • Surging Manufacturing of Medical Devices- High temperature sealants provide great reliability to medical devices and are able to resist exposure to UV light or at room temperature.
  • Increasing Construction Activities Around the Globe – As a result of the increasing urbanization, and other factors, residential, commercial, and industrial construction activities have increased which has raised the demand for advanced materials in the construction sector. High temperature sealants are made from a variety of materials, such as bitumen, silicate, epoxy resin, and silica gel. Thus, the demand for long-lasting items that can survive harsh weather conditions is growing as construction projects increase. According to the analysis, the global construction sector is predicted to grow by 32 percent by 2030.
  • Increasing Use for Fire Protection –The high temperature sealants are designed for assembling and designing ovens, stoves, heaters, and others. It helps to limit the spread of fire, because of which they are used in extremely high temperatures for the sealing of fireplaces. Different sealants provide resistance up to different levels such as 1300 degrees C, 1500 degrees C, and others. For instance, Vitcas Heat Resistant Sealant by Vitcas Ltd. is utilized in various materials, thus, providing resistance up to 1300 degrees C.

Challenges

  • Disadvantages Associated with High Temperature Sealants – As discussed above high temperature sealants have a couple of benefits but they also do have a few disadvantages with it, such as it is a sensitive and high cost for a few surfaces. Also, epoxy-based sealants have slow curing, and epoxy cred sealants are brittle nature-wise.  Also, silicone-based sealants offer less chemical resistance, cannot handle heavy loads, and has less resistance to aggressive fluids.
  • Environmental Regulations Over VOC Emissions
  • Availability of Alternatives

High Temperature Sealants Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.1%

Base Year Market Size (2023)

USD 5.21 Billion

Forecast Year Market Size (2036)

USD 9.95 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 4801
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of high temperature sealants is assessed at USD 5.46 Billion.

The high temperature sealants market size was over USD 5.21 Billion in 2023 and is anticipated to reach USD 9.95 Billion by 2036, growing at around 5.1% CAGR during the forecast period i.e., between 2024-2036. Escalating automobile production and growing construction activities across the globe are the major factors driving the growth of the market.

Asia Pacific region is estimated to observe the highest revenue of 30 percent by 2036, due to its huge population, a rapid shift to cheap and skilled labor, and growing interest in the region by Western companies.

Agility PR Solutions LLC, Hylomar Ltd., CSL Silicones Inc., NUCO Logistics Inc., Sashco, Inc., Mcgill Airseal LLC, 3M, Momentive Performance Materials Inc., H.B. Fuller Company, Sika AG
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