Growth Opportunities for Sealants in Global Automotive Industry 2015-2020: Trend, Forecast, and Opportunity Analysis

July 2015 | | ID: GAEC3009D9FEN
Lucintel

Abstracts

According to a new market report published by Lucintel, the future of sealants in the global automotive industry looks attractive with increasing penetration of lightweight materials and rising vehicle production. Sealants in the global automotive industry is forecast to grow at a CAGR of 7.1% from 2015 to 2020. The major growth driver for this market is that globally, automotive original equipment manufacturers are looking to reduce vehicular weight by using lightweight materials, such as aluminum and composites, in place of steel, which will increase the usage of sealants. Sealants are expected to find greater use at the expense of mechanical gaskets based on their resistance to corrosion and chemicals as well as their ability to reduce noise and vibration while providing significant cost savings.

In this market, polyurethane, plastisols, butyl, silicone, and other sealants are used for automotive applications. Lucintel predicts that the demand for polyurethane-based sealants is expected to remain the largest due to their high compatibility with plastic and rubber. On the basis of its comprehensive research, Lucintel forecasts that polyurethane sealants will record the highest growth during the forecast period, supported by increasing penetration of light materials in the coming years which will make this variety of sealants a more attractive material for OEMs.

Polyurethane sealants are high-performance sealants noted for their elasticity and excellent abrasion resistance.

In terms of sealant consumption in the automotive industry, the passenger car segment is expected to remain the largest segment by value and volume. Development of sealing and bonding technologies for applications in the automotive industry is expected to spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest market due to an increase in production of cars and light commercial vehicles in China and India. Europe and North America are expected to witness significant growth over the forecast period due to increasing penetration of sealants and rise in automotive production.

For market expansion, the report suggests innovation and new product development, where the unique characteristics of sealants can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and the development of low-cost solutions for end users.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of composites and lightweight materials in automotive, suppliers to the automotive industry are developing materials that can cure at low temperature, and rising demand for better insulated car cabins is generating opportunities for the use of sealants. Henkel AG & Co KGaA, 3M Company, The Dow Chemical Company, and Sika AG are among the major suppliers of automotive sealants. There are some companies that are opting for M&A as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed sealants in the global automotive industry by vehicle, resin, application type, and region and has come up with a comprehensive research report, “Growth Opportunities for Sealants in Global Automotive Industry 2015-2020: Trend, Profit, and Forecast Analysis.” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes the forecast of sealants in the global automotive industry through 2020, segmented by vehicle, resin, application type, and region as follows:

By vehicle type [volume (million pounds) and $ million shipment from 2009 to 2020]-

• Passenger Cars
• Light Commercial Vehicles

By resin type [volume (million pounds) and $ million shipment from 2009 to 2020]-

• Polyurethane Sealants
• Plastisol Sealants
• Butyl Sealants
• Silicone Sealants

Other Sealants (Polysulfide Sealants and Silyl Modified Sealants)By region [volume (million pounds) and $ million shipment from 2009 to 2020]-

• North America
• Europe
• Asia Pacific
• Rest of World

By application type [volume (million pounds) and $ million shipment for 2014 and 2020]-

• Interior Application
• Exterior Application

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction
  2.1.1: Applications of Sealants in Global Automotive Industry
  2.1.2: Classification of Sealants in Global Automotive Industry by Product Type
  2.1.3: Advantages of Sealant Usage
  2.1.4: Difficulties in Sealant Usage
  2.1.5: Comparison of Sealants with Substitutes
2.2: Supply Chain

3. MARKET TREND AND FORECAST ANALYSIS

3.1: Market Analysis 2014
  3.1.1: Sealants in Global Automotive Industry by Value and Volume
  3.1.2: Regional Market for Sealants in Automotive Industry by Value and Volume
  3.1.3: Sealant Consumption in Automotive Industry by Country
3.2: Market Trend 2009-2014
  3.2.1: Macroeconomic Trends
  3.2.2: Trend of Sealants in Global Automotive Industry by Value and Volume
  3.2.3: Trend of Sealants in North American Automotive Industry by Value and Volume
  3.2.4: Trend of Sealants in European Automotive Industry by Value and Volume
  3.2.5: Trend of Sealants in APAC Automotive Industry by Value and Volume
  3.2.6: Trend of Sealants in ROW Automotive Industry by Value and Volume
  3.2.7: External Forces Shaping Sealant Consumption in Global Automotive Industry
  3.2.8: Industry Drivers and Challenges
3.3: Market Forecast 2015–2020
  3.3.1: Macroeconomic Forecasts
  3.3.2: Forecast for Sealants in Global Automotive Industry by Value and Volume
  3.3.3: Forecast for Sealants in North American Automotive Industry by Value and Volume
  3.3.4: Forecast for Sealants in European Automotive Industry by Value and Volume
  3.3.5: Forecast for Sealants in APAC Automotive Industry by Value and Volume
  3.3.6: Forecast for Sealants in ROW Automotive Industry by Value and Volume

4. COMPETITOR ANALYSIS

4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Growth Leadership Analysis
4.6: Porter’s Five Forces Analysis

5. GROWTH OPPORTUNITY & STRATEGIC ANALYSIS

5.1: Growth Opportunities Analysis
  5.1.1: Growth Opportunities for Sealants in Global Automotive Industry by Region
  5.1.2: Growth Opportunities for Sealants in Global Automotive Industry by Product Type
  5.1.3: Innovations in Global Sealant Industry for Automotive Applications
5.2: Emerging Trends for Sealants in Global Automotive Industry
5.3: Strategic Analysis
  5.3.1: New Product Development
  5.3.2: Expansion Strategy
5.4: Opportunities for Sealants in Global Automotive Industry across the Globe
  5.4.1: Product-Market Growth Strategy for Sealants in Global Automotive Industry
5.5: Mergers and Acquisitions in Global Automotive Sealant Industry

6. COMPANY PROFILES OF LEADING PLAYERS

List Of Figures

LIST OF FIGURES

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Figure 2.1: Sealant Applications in Car Underbody
Figure 2.2: Sealant Application as a Damping Material
Figure 2.3: Sealant Application in Automotive
Figure 2.4: Supply Chain of Sealants in Global Automotive Industry

CHAPTER 3.MARKET TREND AND FORECAST ANALYSIS

Figure 3.1: Sealants in Global Automotive Industry ($ Million) Distribution by Product Type in 2014
Figure 3.2: Sealants in Global Automotive Industry ($ Million) by Product Type in 2014
Figure 3.3: Sealants in Global Automotive Industry (Million Pounds) Distribution by Product Type in 2014 Figure
3.4: Sealants in Global Automotive Industry (Million Pounds) by Product Type in 2014
Figure 3.5: Sealants in Global Automotive Industry ($ Million) Distribution by Vehicle Type in 201
Figure 3.6: Sealants in Global Automotive Industry ($ Million) by Vehicle Type in 2014
Figure 3.7: Sealants in Global Automotive Industry (Million Pounds) Distribution by Vehicle Type in 2014
Figure 3.8: Sealants in Global Automotive Industry (Million Pounds) by Vehicle Type in 2014
Figure 3.9: Distribution of Sealants in Global Automotive Industry ($ Million) by Application Type in 2014
Figure 3.10: Distribution of Sealants in Global Automotive Industry (Million Pounds) by Application Type in 2014
Figure 3.11: Sealants in Global Automotive Industry ($ Million) Distribution by Region in 2014
Figure 3.12: Sealants in Global Automotive Industry ($ Million) by Region in 2014
Figure 3.13: Sealants in Global Automotive Industry (Million Pounds) Distribution by Region in 2014
Figure 3.14: Sealants in Global Automotive Industry (Million Pounds) by Region in 2014
Figure 3.15: Sealants Distribution of Leading 13 Countries in 2014
Figure 3.16: Sealant Consumption (Million Pounds) in Global Automotive Industry by Leading 13 Countries in 2014
Figure 3.17: Sealant Consumption ($ Million) in Global Automotive Industry by Leading 13 Countries in 2014
Figure 3.18: Trend of Global GDP Growth Rate
Figure 3.19: Trend of Global Population Growth Rate
Figure 3.20: Trend of Regional GDP Growth Rate
Figure 3.21: Trend of Regional Population Growth Rate
Figure 3.22: Trend of Regional Per Capita Income
Figure 3.23: Global Automotive Production from 2009 to 2014
Figure 3.24: Global Passenger Car Production from 2009 to 2014
Figure 3.25: Global Light Commercial Vehicle Production from 2009 to 2014
Figure 3.26: Trend of Sealants in Global Automotive Industry ($ Million) by Vehicle Type from 2009 to 2014
Figure 3.27: CAGR for Sealants in Global Automotive Industry ($ Million) by Vehicle Type from 2009-2014
Figure 3.28: Trend of Sealants in Global Automotive Industry (Million Pounds) by Vehicle Type from 2009-2014
Figure 3.29: CAGR for Sealants in Global Automotive Industry (Million Pounds) by Vehicle Type from 2009 to 2014
Figure 3.30: Trend of Sealants in Global Automotive Industry ($ Million) by Product Type from 2009 to 2014
Figure 3.31: CAGR for Sealants in Global Automotive Industry ($ Million) by Product Type from 2009 to 2014
Figure 3.32: Trend of Sealants in Global Automotive Industry (Million Pounds) by Product Type from 2009 to 2014
Figure 3.33: CAGR for Sealants in Global Automotive Industry (Million Pounds) by Product Type from 2009 to 2014
Figure 3.34: Trend of Sealants in North American Automotive Industry Segments by Value from 2009 to 2014
Figure 3.35: Trend of Sealants in North American Automotive Industry Segments by Volume from 2009 to 2014
Figure 3.36: Distribution of Automotive Sealant Consumption in North American Countries in 2014
Figure 3.37: Automotive Sealant Consumption (Million Pounds) in North American Countries in 2014
Figure 3.38: Automotive Sealant Consumption ($ Million) in North American Countries in 2014
Figure 3.39: Trend of Sealants in European Automotive Industry Segments by Value from 2009 to 2014
Figure 3.40: Trend of Sealants in European Automotive Industry Segments by Volume from 2009 to 2014
Figure 3.41: Distribution of Automotive Sealant Consumption in European Countries in 2014
Figure 3.42: Automotive Sealant Consumption (Million Pounds) in European Countries in 2014
Figure 3.43: Automotive Sealant Consumption ($ Million) in European Countries in 2014
Figure 3.44: Trend of Sealants in APAC Automotive Industry Segments by Value from 2009 to 2014
Figure 3.45: Trend of Sealants in APAC Automotive Industry Segments by Volume from 2009 to 2014
Figure 3.46: Distribution of Automotive Sealant Consumption in APAC Countries in 2014 (Source: Lucintel)
Figure 3.47: Automotive Sealant Consumption (Million Pounds) in APAC Countries in 2014
Figure 3.48: Automotive Sealant Consumption ($ Million) in APAC Countries in 2014
Figure 3.49: Trend of Sealants in ROW Automotive Industry Segments by Value from 2009 to 2014
Figure 3.50: Trend of Sealants in ROW Automotive Industry Segments by Volume from 2009 to 2014
Figure 3.51: Distribution of Automotive Sealant Consumption in ROW Automotive Countries in 2014
Figure 3.52: Automotive Sealant Consumption (Million Pounds) in ROW Countries in 2014
Figure 3.53: Automotive Sealant Consumption ($ Million) of ROW Countries in 2014
Figure 3.54: External Forces Shaping Sealant Consumption in Global Automotive Industry
Figure 3.55: Drivers and Challenges of Sealants in Global Automotive Industry
Figure 3.56: Forecast of Global GDP Growth Rate
Figure 3.57: Forecast of Global Population Growth Rate
Figure 3.58: Forecast of Regional GDP Growth Rate
Figure 3.59: Forecast of Regional Population Growth Rate
Figure 3.60: Forecast of Regional Per Capita Income
Figure 3.61: Forecast for Sealants in Global Automotive Industry ($ Million) by Vehicle Type from 2015 to 2020
Figure 3.62: Forecast for Sealants in Global Automotive Industry (Million Pounds) by Vehicle Type from 2015 to 2020
Figure 3.63: Forecast for Sealants in Global Automotive Industry ($ Million) by Product Type from 2015 to 2020
Figure 3.64: Forecast for Sealants in Global Automotive Industry (Million Pounds) by Product Type from 2015 to 2020
Figure 3.65: Distribution of Sealants in Global Automotive Industry ($ Million) by Application Type in 2020
Figure 3.66: Distribution of Sealants in Global Automotive Industry (Million Pounds) by Application Type in 2020
Figure 3.67: Forecast for Sealants in North American Automotive Industry Segments by Value from 2015 to 2020
Figure 3.68: Forecast for Sealants in North American Automotive Industry Segments by Volume from 2015 to 2020
Figure 3.69: Forecast for Sealants in European Automotive Industry Segments by Value from 2015 to 2020
Figure 3.70: Forecast for Sealants in European Automotive Industry Segments by Volume from 2015 to 2020
Figure 3.71: Forecast for Sealants in APAC Automotive Industry Segments by Value from 2015 to 2020
Figure 3.72: Forecast for Sealants in APAC Automotive Industry Segments by Volume from 2015 to 2020
Figure 3.73: Forecast for Sealants in ROW Automotive Industry Segments by Value from 2015 to 2020
Figure 3.74: Forecast for Sealants in ROW Automotive Industry Segments by Volume from 2015 to 2020

CHAPTER 4. COMPETITOR ANALYSIS

Figure 4.1: Market Share Analysis of Sealant Manufacturers in Global Automotive Industry in 2014
Figure 4.2: Major Sealant Manufacturers in Global Automotive Industry
Figure 4.3: Growth Leadership Matrix in Sealants in Global Automotive Industry
Figure 4.4: Porter’s Five Forces Market Analysis for Sealants in Global Automotive Industry

CHAPTER 5.GROWTH OPPORTUNITY & STRATEGIC ANALYSIS

Figure 5.1: Growth Opportunities for Sealants in Global Automotive Industry by Region
Figure 5.2: Growth Opportunities for Sealants in Global Automotive Industry by Product Type
Figure 5.3: Emerging Trends in Sealants in Global Automotive Industry
Figure 5.4: Expansion of Sealants by Major Players
Figure 5.5: Sealants in Global Automotive Industry Opportunities across the Globe
Figure 5.6: Product-Market Strategies for Sealants in Global Automotive Industry

List Of Tables

LIST OF TABLES

CHAPTER 1.EXECUTIVE SUMMARY

Table 1.1: Sealants in Global Automotive Industry Parameters and Attributes

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Table 2.1: Comparison of Sealant Properties
Table 2.2: Polyurethane, Plastisol, Butyl, Silicone, and Other Sealant Applications in Automotive Industry
Table 2.3: Advantages and Disadvantages of Sealants by Product Type

CHAPTER 3.MARKET TREND AND FORECAST ANALYSIS

Table 3.1: Ranking of Top 13 Countries of World in Terms of Sealant Consumption in Global Automotive Industry (By Value in 2014)
Table 3.2: Trend of Sealants in Global Automotive Industry by Value and Volume from 2009 to 2014
Table 3.3: Average Growth Rates for One, Three, and Five Years for Sealants in Global Automotive Industry in Terms of $ Shipment
Table 3.4: Market Size and 2013-2014 Growth Rates for Sealants in Global Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.5: Market Size and Annual Growth Rates during Last Five Years from 2009 to 2014 for Sealants in Global Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.6: Market Size and 2013-2014 Growth Rates for Sealants in Global Automotive Industry by Segment (Product Type) in Terms of Value and Volume Shipments
Table 3.7: Market Size and Annual Growth Rates during Last Five Years from 2009 to 2014 for Sealants in Global Automotive Industry by Segment (Product Type) in Terms of Value and Volume Shipments
Table 3.8: Trend of Sealants in North American Automotive Industry by Value and Volume from 2009 to 2014
Table 3.9: Average Growth Rates for One, Three, and Five Years for Sealants in North American Automotive Industry in Terms of $ Shipment
Table 3.10: Trend of Sealants in European Automotive Industry by Value and Volume from 2009 to 2014
Table 3.11: Average Growth Rates for One, Three, and Five Years for Sealants in European Automotive Industry in Terms of $ Shipment
Table 3.12: Trend of Sealants in APAC Automotive Industry by Value and Volume from 2009 to 2014
Table 3.13: Average Growth Rates for One, Three, and Five Years for Sealants in APAC Automotive Industry in Terms of $ Shipment
Table 3.14: Trend of Sealants in ROW Automotive Industry by Value and Volume from 2009 to 2014
Table 3.15: Average Growth Rates for One, Three, and Five Years for Sealants in ROW Automotive Industry in Terms of $ Shipment
Table 3.16: Forecast for Sealants in Global Automotive Industry by Value and Volume from 2015 to 2020
Table 3.17: Average Growth Rates for One, Three, and Five Years for Sealants in Global Automotive Industry in Terms of $ Shipment
Table 3.18: Market Size and 2014-2015 Growth Rates for Sealants in Global Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.19: Market Size and Annual Growth Rates during Next Five Years from 2015 to 2020 for Sealants in Global Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.20: Market Size and 2014-2015 Growth Rates for Sealants in Global Automotive Industry by Segment (Product Type) in Terms of Value and Volume Shipments
Table 3.21: Market Size and Annual Growth Rates during Next Five Years from 2015 to 2020 for Sealants in Global Automotive Industry by Segment (Product Type) in Terms of Value and Volume Shipments
Table 3.22 Forecast for Sealants in North American Automotive Industry by Value and Volume from 2015 to 2020
Table 3.23: Average Growth Rates for One, Three, and Five Years for Sealants in North American Automotive Industry in Terms of $ Shipment
Table 3.24: Forecast for Sealants in European Automotive Industry by Value and Volume from 2015 to 2020
Table 3.25: Average Growth Rates for One, Three, and Five Years for Sealants in European Automotive Industry in Terms of $ Shipment
Table 3.26: Forecast for Sealants in APAC Automotive Industry by Value and Volume from 2015 to 2020
Table 3.27: Average Growth Rates for One, Three, and Five Years for Sealants in APAC Automotive Industry in Terms of $ Shipment
Table 3.28: Forecast for Sealants in ROW Automotive Industry by Value and Volume from 2015 to 2020
Table 3.29: Average Growth Rates for One, Three, and Five Years for Sealants in ROW Automotive Industry in Terms of $ Shipment

CHAPTER 4.COMPETITOR ANALYSIS

Table 4.1: Product Mapping of Sealant Manufacturers in Automotive Industry Based on Product Types
Table 4.2: Market Share of Sealant Manufacturers in Global Automotive Industry in 2014
Table 4.3: Relative Presence of Sealant Manufacturers across the Value Chain

CHAPTER 5.GROWTH OPPORTUNITY & STRATEGIC ANALYSIS

Table 5.1: Relative Market Attractiveness by Region
Table 5.2: Innovations in Automotive Sealants