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Marine Sealants Market

Marine Sealants Market Forecasts to 2028 – Global Analysis By Type (Ships, Tankers), Product (Butyl, Polysulfide, SMP), Application (Deck To Hull, Water-Line Sealing), End User (Repair, Shipbuilding) and By Geography

4.7 (23 reviews)
Published: May 2021 ID: SMRC20478
4.7 (23 reviews)
Published: May 2021 ID: SMRC20478

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Marine Sealants Market is accounted for $87.53 million in 2020 and is expected to reach $168.10 million by 2028 growing at a CAGR of 8.5% during the forecast period. Steady growth in the shipbuilding industry and increasing demand for yachts and leisure boats are driving the market growth. However, the economic downturn along with rising uncertainties regarding shipbuilding regulations for imports and exports is hampering the growth of the market.

Sealants are those materials applied to two or more substrates to fill the space between them, thereby restricting the passage of fluids. Sealants are often used to help resist the relative movement of the substrates that compose the assembly. Marine sealants serve a diverse set of functions ranging from waterproofing, vibration-damping to insulation.

Based on the product type, the polysulfide segment is going to have lucrative growth during the forecast period owing to the effective product usage in both above and below the waterline applications and increasing preference for polysulfide because of its benefits including optimum elasticity and flexibility, particularly in hardware sealing. By geography, Asia Pacific is going to have high growth during the forecast period due to the high investments in ship maintenance mainly in China, Japan, India, and South Korea, expansion of manufacturing capacity, competitive production costs, and several strategic developments.

Some of the key players profiled in the Marine Sealants Market include Sika AG, Avery Dennison, RPM International Inc, Dow Corning, Illinois Tool Works, Henkel, Franklin International, Inc., Bostik Marine, Royal Adhesives & Sealants, LLC, Adshead Ratcliffe Co Ltd, 3M, Saba Shipping & Stevdoring Co Ltd and H.B. Fuller.

Types Covered:
• Passenger Ships
• Tankers
• Pleasure Boats
• High Speed Craft
• Fishing Vessel
• Cargo Ships/Goods Transport Ships
• Other Types 

Product Types Covered:
• Silicone
• Polyurethane
• Butyl
• Polysulfide
• Silyl Modified Polymer (SMP)    

Applications Covered:
• Window Bonding 
• Deck To Hull 
• Below Water-Line Sealing 
• Above Water-Line Sealing   

End Users Covered:
• Repair
• Shipbuilding

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary        
          
2 Preface         

 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 Product Analysis       
 3.7 Application Analysis      
 3.8 End User Analysis       
 3.9 Emerging Markets       
 3.10 Impact of Covid-19       
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Marine Sealants Market, By Type       
 5.1 Introduction       
 5.2 Passenger Ships       
 5.3 Tankers        
 5.4 Pleasure Boats       
 5.5 High Speed Craft       
 5.6 Fishing Vessel       
 5.7 Cargo Ships/Goods Transport Ships     
 5.8 Other Types        
  5.8.1 Submarines      
  5.8.2 Warships       
          
6 Global Marine Sealants Market, By Product Type     
 6.1 Introduction       
 6.2 Silicone        
 6.3 Polyurethane       
 6.4 Butyl        
 6.5 Polysulfide       
 6.6 Silyl Modified Polymer (SMP)      
          
7 Global Marine Sealants Market, By Application      
 7.1 Introduction       
 7.2 Window Bonding       
 7.3 Deck To Hull       
 7.4 Below Water-Line Sealing      
 7.5 Above Water-Line Sealing      
          
8 Global Marine Sealants Market, By End User     
 8.1 Introduction       
 8.2 Repair        
 8.3 Shipbuilding       
          
9 Global Marine Sealants Market, By Geography     
 9.1 Introduction       
 9.2 North America       
  9.2.1 US       
  9.2.2 Canada       
  9.2.3 Mexico       
 9.3 Europe        
  9.3.1 Germany        
  9.3.2 UK       
  9.3.3 Italy       
  9.3.4 France       
  9.3.5 Spain       
  9.3.6 Rest of Europe      
 9.4 Asia Pacific       
  9.4.1 Japan       
  9.4.2 China       
  9.4.3 India       
  9.4.4 Australia       
  9.4.5 New Zealand      
  9.4.6 South Korea      
  9.4.7 Rest of Asia Pacific      
 9.5 South America       
  9.5.1 Argentina      
  9.5.2 Brazil       
  9.5.3 Chile       
  9.5.4 Rest of South America     
 9.6 Middle East & Africa      
  9.6.1 Saudi Arabia      
  9.6.2 UAE       
  9.6.3 Qatar       
  9.6.4 South Africa      
  9.6.5 Rest of Middle East & Africa     
          
10 Key Developments        
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 10.2 Acquisitions & Mergers      
 10.3 New Product Launch      
 10.4 Expansions       
 10.5 Other Key Strategies      
          
11 Company Profiling        
 11.1 Sika AG        
 11.2 Avery Dennison       
 11.3 RPM International Inc      
 11.4 Dow Corning        
 11.5 Illinois Tool Works       
 11.6 Henkel        
 11.7 Franklin International, Inc.      
 11.8 Bostik Marine       
 11.9 Royal Adhesives & Sealants, LLC     
 11.10 Adshead Ratcliffe Co Ltd      
 11.11 3M        
 11.12 Saba Shipping & Stevdoring Co Ltd     
 11.13 H.B. Fuller       


List of Tables         
1 Global Marine Sealants Market Outlook, By Region (2019-2028) ($MN)   
2 Global Marine Sealants Market Outlook, By Type (2019-2028) ($MN)   
3 Global Marine Sealants Market Outlook, By Passenger Ships (2019-2028) ($MN)  
4 Global Marine Sealants Market Outlook, By Tankers (2019-2028) ($MN)   
5 Global Marine Sealants Market Outlook, By Pleasure Boats (2019-2028) ($MN)  
6 Global Marine Sealants Market Outlook, By High Speed Craft (2019-2028) ($MN)  
7 Global Marine Sealants Market Outlook, By Fishing Vessel (2019-2028) ($MN)  
8 Global Marine Sealants Market Outlook, By Cargo Ships/Goods Transport Ships (2019-2028) ($MN)
9 Global Marine Sealants Market Outlook, By Other Types (2019-2028) ($MN)  
10 Global Marine Sealants Market Outlook, By Submarines (2019-2028) ($MN)  
11 Global Marine Sealants Market Outlook, By Warships (2019-2028) ($MN)   
12 Global Marine Sealants Market Outlook, By Product Type (2019-2028) ($MN)  
13 Global Marine Sealants Market Outlook, By Silicone (2019-2028) ($MN)   
14 Global Marine Sealants Market Outlook, By Polyurethane (2019-2028) ($MN)  
15 Global Marine Sealants Market Outlook, By Butyl (2019-2028) ($MN)   
16 Global Marine Sealants Market Outlook, By Polysulfide (2019-2028) ($MN)  
17 Global Marine Sealants Market Outlook, By Silyl Modified Polymer (SMP) (2019-2028) ($MN) 
18 Global Marine Sealants Market Outlook, By Application (2019-2028) ($MN)  
19 Global Marine Sealants Market Outlook, By Window Bonding (2019-2028) ($MN)  
20 Global Marine Sealants Market Outlook, By Deck To Hull (2019-2028) ($MN)  
21 Global Marine Sealants Market Outlook, By Below Water-Line Sealing (2019-2028) ($MN) 
22 Global Marine Sealants Market Outlook, By Above Water-Line Sealing (2019-2028) ($MN) 
23 Global Marine Sealants Market Outlook, By End User (2019-2028) ($MN)   
24 Global Marine Sealants Market Outlook, By Repair (2019-2028) ($MN)   
25 Global Marine Sealants Market Outlook, By Shipbuilding (2019-2028) ($MN)  
26 North America Marine Sealants Market Outlook, By Country (2019-2028) ($MN)  
27 North America Marine Sealants Market Outlook, By Type (2019-2028) ($MN)  
28 North America Marine Sealants Market Outlook, By Passenger Ships (2019-2028) ($MN) 
29 North America Marine Sealants Market Outlook, By Tankers (2019-2028) ($MN)  
30 North America Marine Sealants Market Outlook, By Pleasure Boats (2019-2028) ($MN) 
31 North America Marine Sealants Market Outlook, By High Speed Craft (2019-2028) ($MN) 
32 North America Marine Sealants Market Outlook, By Fishing Vessel (2019-2028) ($MN) 
33 North America Marine Sealants Market Outlook, By Cargo Ships/Goods Transport Ships (2019-2028) ($MN)
34 North America Marine Sealants Market Outlook, By Other Types (2019-2028) ($MN) 
35 North America Marine Sealants Market Outlook, By Submarines (2019-2028) ($MN)  
36 North America Marine Sealants Market Outlook, By Warships (2019-2028) ($MN)  
37 North America Marine Sealants Market Outlook, By Product Type (2019-2028) ($MN) 
38 North America Marine Sealants Market Outlook, By Silicone (2019-2028) ($MN)  
39 North America Marine Sealants Market Outlook, By Polyurethane (2019-2028) ($MN) 
40 North America Marine Sealants Market Outlook, By Butyl (2019-2028) ($MN)  
41 North America Marine Sealants Market Outlook, By Polysulfide (2019-2028) ($MN)  
42 North America Marine Sealants Market Outlook, By Silyl Modified Polymer (SMP) (2019-2028) ($MN)
43 North America Marine Sealants Market Outlook, By Application (2019-2028) ($MN)  
44 North America Marine Sealants Market Outlook, By Window Bonding (2019-2028) ($MN) 
45 North America Marine Sealants Market Outlook, By Deck To Hull (2019-2028) ($MN) 
46 North America Marine Sealants Market Outlook, By Below Water-Line Sealing (2019-2028) ($MN)
47 North America Marine Sealants Market Outlook, By Above Water-Line Sealing (2019-2028) ($MN)
48 North America Marine Sealants Market Outlook, By End User (2019-2028) ($MN)  
49 North America Marine Sealants Market Outlook, By Repair (2019-2028) ($MN)  
50 North America Marine Sealants Market Outlook, By Shipbuilding (2019-2028) ($MN) 
51 Europe Marine Sealants Market Outlook, By Country (2019-2028) ($MN)   
52 Europe Marine Sealants Market Outlook, By Type (2019-2028) ($MN)   
53 Europe Marine Sealants Market Outlook, By Passenger Ships (2019-2028) ($MN)  
54 Europe Marine Sealants Market Outlook, By Tankers (2019-2028) ($MN)   
55 Europe Marine Sealants Market Outlook, By Pleasure Boats (2019-2028) ($MN)  
56 Europe Marine Sealants Market Outlook, By High Speed Craft (2019-2028) ($MN)  
57 Europe Marine Sealants Market Outlook, By Fishing Vessel (2019-2028) ($MN)  
58 Europe Marine Sealants Market Outlook, By Cargo Ships/Goods Transport Ships (2019-2028) ($MN)
59 Europe Marine Sealants Market Outlook, By Other Types (2019-2028) ($MN)  
60 Europe Marine Sealants Market Outlook, By Submarines (2019-2028) ($MN)  
61 Europe Marine Sealants Market Outlook, By Warships (2019-2028) ($MN)  
62 Europe Marine Sealants Market Outlook, By Product Type (2019-2028) ($MN)  
63 Europe Marine Sealants Market Outlook, By Silicone (2019-2028) ($MN)   
64 Europe Marine Sealants Market Outlook, By Polyurethane (2019-2028) ($MN)  
65 Europe Marine Sealants Market Outlook, By Butyl (2019-2028) ($MN)   
66 Europe Marine Sealants Market Outlook, By Polysulfide (2019-2028) ($MN)  
67 Europe Marine Sealants Market Outlook, By Silyl Modified Polymer (SMP) (2019-2028) ($MN) 
68 Europe Marine Sealants Market Outlook, By Application (2019-2028) ($MN)  
69 Europe Marine Sealants Market Outlook, By Window Bonding (2019-2028) ($MN)  
70 Europe Marine Sealants Market Outlook, By Deck To Hull (2019-2028) ($MN)  
71 Europe Marine Sealants Market Outlook, By Below Water-Line Sealing (2019-2028) ($MN) 
72 Europe Marine Sealants Market Outlook, By Above Water-Line Sealing (2019-2028) ($MN) 
73 Europe Marine Sealants Market Outlook, By End User (2019-2028) ($MN)   
74 Europe Marine Sealants Market Outlook, By Repair (2019-2028) ($MN)   
75 Europe Marine Sealants Market Outlook, By Shipbuilding (2019-2028) ($MN)  
76 Asia Pacific Marine Sealants Market Outlook, By Country (2019-2028) ($MN)  
77 Asia Pacific Marine Sealants Market Outlook, By Type (2019-2028) ($MN)    
78 Asia Pacific Marine Sealants Market Outlook, By Passenger Ships (2019-2028) ($MN) 
79 Asia Pacific Marine Sealants Market Outlook, By Tankers (2019-2028) ($MN)  
80 Asia Pacific Marine Sealants Market Outlook, By Pleasure Boats (2019-2028) ($MN)  
81 Asia Pacific Marine Sealants Market Outlook, By High Speed Craft (2019-2028) ($MN) 
82 Asia Pacific Marine Sealants Market Outlook, By Fishing Vessel (2019-2028) ($MN)  
83 Asia Pacific Marine Sealants Market Outlook, By Cargo Ships/Goods Transport Ships (2019-2028) ($MN)
84 Asia Pacific Marine Sealants Market Outlook, By Other Types (2019-2028) ($MN)  
85 Asia Pacific Marine Sealants Market Outlook, By Submarines (2019-2028) ($MN)  
86 Asia Pacific Marine Sealants Market Outlook, By Warships (2019-2028) ($MN)  
87 Asia Pacific Marine Sealants Market Outlook, By Product Type (2019-2028) ($MN)  
88 Asia Pacific Marine Sealants Market Outlook, By Silicone (2019-2028) ($MN)  
89 Asia Pacific Marine Sealants Market Outlook, By Polyurethane (2019-2028) ($MN)  
90 Asia Pacific Marine Sealants Market Outlook, By Butyl (2019-2028) ($MN)  
91 Asia Pacific Marine Sealants Market Outlook, By Polysulfide (2019-2028) ($MN)  
92 Asia Pacific Marine Sealants Market Outlook, By Silyl Modified Polymer (SMP) (2019-2028) ($MN)
93 Asia Pacific Marine Sealants Market Outlook, By Application (2019-2028) ($MN)  
94 Asia Pacific Marine Sealants Market Outlook, By Window Bonding (2019-2028) ($MN) 
95 Asia Pacific Marine Sealants Market Outlook, By Deck To Hull (2019-2028) ($MN)  
96 Asia Pacific Marine Sealants Market Outlook, By Below Water-Line Sealing (2019-2028) ($MN) 
97 Asia Pacific Marine Sealants Market Outlook, By Above Water-Line Sealing (2019-2028) ($MN)
98 Asia Pacific Marine Sealants Market Outlook, By End User (2019-2028) ($MN)  
99 Asia Pacific Marine Sealants Market Outlook, By Repair (2019-2028) ($MN)  
100 Asia Pacific Marine Sealants Market Outlook, By Shipbuilding (2019-2028) ($MN)  
101 South America Marine Sealants Market Outlook, By Country (2019-2028) ($MN)  
102 South America Marine Sealants Market Outlook, By Type (2019-2028) ($MN)  
103 South America Marine Sealants Market Outlook, By Passenger Ships (2019-2028) ($MN) 
104 South America Marine Sealants Market Outlook, By Tankers (2019-2028) ($MN)  
105 South America Marine Sealants Market Outlook, By Pleasure Boats (2019-2028) ($MN) 
106 South America Marine Sealants Market Outlook, By High Speed Craft (2019-2028) ($MN) 
107 South America Marine Sealants Market Outlook, By Fishing Vessel (2019-2028) ($MN) 
108 South America Marine Sealants Market Outlook, By Cargo Ships/Goods Transport Ships (2019-2028) ($MN)
109 South America Marine Sealants Market Outlook, By Other Types (2019-2028) ($MN) 
110 South America Marine Sealants Market Outlook, By Submarines (2019-2028) ($MN)  
111 South America Marine Sealants Market Outlook, By Warships (2019-2028) ($MN)  
112 South America Marine Sealants Market Outlook, By Product Type (2019-2028) ($MN) 
113 South America Marine Sealants Market Outlook, By Silicone (2019-2028) ($MN)  
114 South America Marine Sealants Market Outlook, By Polyurethane (2019-2028) ($MN) 
115 South America Marine Sealants Market Outlook, By Butyl (2019-2028) ($MN)  
116 South America Marine Sealants Market Outlook, By Polysulfide (2019-2028) ($MN)  
117 South America Marine Sealants Market Outlook, By Silyl Modified Polymer (SMP) (2019-2028) ($MN)
118 South America Marine Sealants Market Outlook, By Application (2019-2028) ($MN)  
119 South America Marine Sealants Market Outlook, By Window Bonding (2019-2028) ($MN) 
120 South America Marine Sealants Market Outlook, By Deck To Hull (2019-2028) ($MN) 
121 South America Marine Sealants Market Outlook, By Below Water-Line Sealing (2019-2028) ($MN)
122 South America Marine Sealants Market Outlook, By Above Water-Line Sealing (2019-2028) ($MN)
123 South America Marine Sealants Market Outlook, By End User (2019-2028) ($MN)  
124 South America Marine Sealants Market Outlook, By Repair (2019-2028) ($MN)  
125 South America Marine Sealants Market Outlook, By Shipbuilding (2019-2028) ($MN) 
126 Middle East & Africa Marine Sealants Market Outlook, By Country (2019-2028) ($MN) 
127 Middle East & Africa Marine Sealants Market Outlook, By Type (2019-2028) ($MN)  
128 Middle East & Africa Marine Sealants Market Outlook, By Passenger Ships (2019-2028) ($MN) 
129 Middle East & Africa Marine Sealants Market Outlook, By Tankers (2019-2028) ($MN) 
130 Middle East & Africa Marine Sealants Market Outlook, By Pleasure Boats (2019-2028) ($MN) 
131 Middle East & Africa Marine Sealants Market Outlook, By High Speed Craft (2019-2028) ($MN) 
132 Middle East & Africa Marine Sealants Market Outlook, By Fishing Vessel (2019-2028) ($MN) 
133 Middle East & Africa Marine Sealants Market Outlook, By Cargo Ships/Goods Transport Ships (2019-2028) ($MN)
134 Middle East & Africa Marine Sealants Market Outlook, By Other Types (2019-2028) ($MN) 
135 Middle East & Africa Marine Sealants Market Outlook, By Submarines (2019-2028) ($MN) 
136 Middle East & Africa Marine Sealants Market Outlook, By Warships (2019-2028) ($MN) 
137 Middle East & Africa Marine Sealants Market Outlook, By Product Type (2019-2028) ($MN) 
138 Middle East & Africa Marine Sealants Market Outlook, By Silicone (2019-2028) ($MN) 
139 Middle East & Africa Marine Sealants Market Outlook, By Polyurethane (2019-2028) ($MN) 
140 Middle East & Africa Marine Sealants Market Outlook, By Butyl (2019-2028) ($MN)  
141 Middle East & Africa Marine Sealants Market Outlook, By Polysulfide (2019-2028) ($MN) 
142 Middle East & Africa Marine Sealants Market Outlook, By Silyl Modified Polymer (SMP) (2019-2028) ($MN)
143 Middle East & Africa Marine Sealants Market Outlook, By Application (2019-2028) ($MN) 
144 Middle East & Africa Marine Sealants Market Outlook, By Window Bonding (2019-2028) ($MN)
145 Middle East & Africa Marine Sealants Market Outlook, By Deck To Hull (2019-2028) ($MN) 
146 Middle East & Africa Marine Sealants Market Outlook, By Below Water-Line Sealing (2019-2028) ($MN)
147 Middle East & Africa Marine Sealants Market Outlook, By Above Water-Line Sealing (2019-2028) ($MN)
148 Middle East & Africa Marine Sealants Market Outlook, By End User (2019-2028) ($MN) 
149 Middle East & Africa Marine Sealants Market Outlook, By Repair (2019-2028) ($MN)  
150 Middle East & Africa Marine Sealants Market Outlook, By Shipbuilding (2019-2028) ($MN) 

 

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