Co-Polymer Sealants Market By Product Type (Silicone-Polyether Block Copolymer Sealants, Ethylene Acrylic Copolymer Sealants, Others), By Application (Chemical, Energy and Power, Medical, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global co-polymer sealants market was valued at $412.5 million in 2021, and is projected to reach $768.5 million by 2031, growing at a CAGR of 6.4% from 2022 to 2031.
Co-polymers are derived from different types of monomers that re linked with similar polymer chain. High strength, resilience, modulus to weight ratio, resistance to corrosion, lack of conductivity, and low production cost make co-polymer ideal for production of sealants.
The demand for surgical co-polymer sealants is growing in medic industry. Lacerations of skin, visceral organs, muscles, tendons, and ligaments are predominantly treated with sutures and staples. In addition, modern technologies, such as laser welding is a recent technology used over sutures and staples in the medical industry. Usually, in developed countries, surgical procedures are performed through laparoscopic and robotic approaches. However, different adhesives and co-polymer-based sealants are gaining importance in the medical industry. Co-polymer-based sealants, mainly manufactured from biodegrade co-polymers, are gaining importance in surgical application. In addition, co-polymer sealants are used in surgical applications, such as graft attachment, colon, vascular & lung sealing, and others.
In addition, key-players in the co-polymer sealants industry are launching innovative surgical sealants based on biodegradable polymer, which is also escalating the growth of the global market. Fibrin, glutaraldehyde, cyanoacrylate, and poly(ethylene glycol) (PEG) hydrogel are substitute products available in the market for use in the medical industry. However, these conventional materials offer minimal adhesive quality. Thus, there is need for development of co-polymer sealants that offer high adhesive strength and are environment-friendly. Thus, there is need for sealants that are easy to use and offer no side effects. Biodegradable co-polymers are gaining importance for use in surgical sealants.
Silicone-polyether block co-polymer sealants are high performance sealants that are used for adhering diverse domestic and commercial materials, such as metal, glass, ceramics, and others. Silicone-polyether block-based co-polymer sealants offer exceptional flexibility, durability, and non-sag properties, thus making them useful across adhering of window frames, timber joints, shower screens, and sinks & basins. High adhesion and performance of silicone-polyether block-based co-polymer sealants make them ideal choice for adhesion of roofing substrates, tile, concrete, clay, slate, and pre-painted metals. Silicone-polyether based co-polymer sealants are durable sealants used mainly for application that are exposed to high wind conditions as these sealants are capable withstanding wear & tear and crack formation. In addition, silicone-polyether based co-polymer sealants tend to cure quick and offer smooth and paintable surface. All these factors have escalated the demand for silicone-polyether block co-polymer sealants.
There are several studies suggesting the effectiveness and application of co-polymer sealants in the medical industry. On the other hand, there are several associated risks with use of synthetic co-polymer sealants. For instance, cyanoacrylate based co-polymer sealants offer high adhesive strength and swift curing time. However, there are potential risk of using this co-polymer sealant for internal body medical applications. Cyanoacrylate-based co-polymer sealants tend to increase the risk of infection, cytotoxicity, and tissue necrosis. Thus, hampering the demand for synthetic co-polymer sealants in the medical industry. To overcome this problem, the demand for synthetic glues based on other polymer materials such as poly(ethylene glycol) (PEG), polyurethanes, and polyesters is gaining importance in the medical use. This factor has also negatively hampered the growth of co-polymer sealants in the medical industry as there are better alternatives available in the market.
Ethylene acrylic co-polymer sealants are mainly used to adhere gutter leaks, roof leaks, and cracked glazing. Cross-linking acrylic co-polymer consisting silane functionalized monomeric units are proven to offer superior adhesive, cohesive, and flexural properties during sealant formulation. Ethylene acrylic co-polymer tend to enhance the appearance of solvent borne sealants, making it widely used in chemical, building & construction, and medical end-use industries. Co-polymer sealants based on ethylene acrylic are widely used for sealing and weatherproofing applications. Ethylene acrylic co-polymer resins have tensile strength, flexibility, tackiness, and adhesion properties, making them an ideal choice for production of co-polymer sealants. Thus, use of ethylene acrylic co-polymer for formulation of sealants aid the adhesion characteristics of sealants with diverse substrate products, thus anticipated to offer new growth opportunities.
Key players operating in the global co-polymer sealants market include, Allfasteners USA LLC, Ashland, BASF SE, Bostik, Chemtron, Inc., Dow, Evonik Industries, Henkel AG & Co. KGaA, Kraton Corporation, 3M Company, MAPEI, Momentive, Premier Building Solutions, SEKISUI Fuller, and Selleys
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the co-polymer sealants market analysis from 2021 to 2031 to identify the prevailing co-polymer sealants market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the co-polymer sealants market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global co-polymer sealants market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
Others
Silicone-Polyether Block Copolymer Sealants
Ethylene Acrylic Copolymer Sealants
By Application
Chemical
Energy and Power
Medical
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
Allfasteners USA LLC
Ashland Global Holdings Inc.
BASF SE
Bostik
Chemtron Inc.
Dow
Evonik Industries AG.
Henkel AG and Co. KgaA
Kraton Corporation
3M Company
MAPEI
Momentive
Premier Building Solutions
SEKISUI FULLER
Selleys
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