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

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 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

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.