Global Automotive Sealants

Global Automotive Sealants


Sealants are chemical compounds engineered to impede the passage of liquids and gases through surfaces, encompassing the containment of dust, sound, and heat within vehicle interiors. According to Tanalyze, the global automotive sealants market is projected to experience a compound annual growth rate (CAGR) of 7.8% (in value terms) during the forecast period, reaching an estimated value of USD 6.67 billion by 2029. Within the automotive sector, sealants play a pivotal role in establishing bonds between multiple substrates, thereby safeguarding against external environmental factors and ensuring the durability of these bonds throughout the vehicle's lifecycle.

The global automotive sealants market is segmented based on raw materials, including SMP, PVC, acrylics, anaerobics, and silicones. Notably, the silicone segment emerged as the dominant force in the global automotive sealants market in 2023 and is projected to maintain a CAGR of 6.2% during the forecast period from 2024 to 2029. Renowned for their ability to provide durable and secure seals, silicones are predominantly employed in under-the-hood (UTH) and powertrain applications, where their primary function is to mitigate fluid leakage from components such as radiators and transmission lines.

Furthermore, the market is segmented across various application segments, including assembly, paint shop, UTH and powertrain, and BIW, with a continued upward trajectory anticipated. For instance, the paint shop segment's market size is expected to reach 333.6 thousand tons by 2029, reflecting a CAGR of 6.0% during the forecast period. Beyond superior sealing, durability, and corrosion resistance, sealants utilized in paint shops must also be paintable to ensure uniformity and enhanced aesthetics.

Geographically, Asia-Pacific has emerged as the dominant player in the global automotive sealants market, closely followed by Europe and North America. The Asia-Pacific region is poised for remarkable growth, with a projected CAGR of 6.5% during the forecast period from 2024 to 2029. In the United States, there is a notable emphasis on worker safety and ease of installation, driving increased utilization of liquid sealants and spray Applied and Sprayed (A&S) products that facilitate expedited and simplified installation processes.

Key vendors shaping competitive dynamics in the market include The Dow Chemical Company, EMS-Chemie Holding AG, Henkel AG & Co. KGaA, 3M Company, Sika AG, LG Chem, Ltd., Elkem ASA, Shin-Etsu Chemical Co., Ltd., among others.

This study aims to analyze the global market for various segments of automotive sealants, including:

Raw Materials: SMP, PVC, Acrylics, Anaerobics, and Silicones.

Application: Assembly, Paint Shop, UTH (Under-The-Hood) and Powertrain, and BIW (Body-In-White).

End-User: Refinish and OEM (Original Equipment Manufacturer).

Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA).


FIGURES AND TABLES
Part 1. Key Findings
Part 2. Scope and Methodology
Report Scope
Raw Materials
Application
End-User
Region
Research Methodology
Part 3. Automotive Sealants Market Overview
Summary
Introduction
Part 4. Automotive Sealants and Adhesives Market Dynamics
Dynamics
Growth Drivers
Restraints and Challenges
Regulation
Opportunities
Part 5. Global Automotive Sealants Market by Raw Materials
SMP
PVC
Acrylics
Anaerobics
Silicones
Part 6. Global Automotive Sealants Market by Application
Assembly
Paint Shop
UTH and Powertrain
BIW
Part 7. Global Automotive Sealants Market by End-User
Refinish
OEM
Part 8. Global Automotive Sealants Market by Region
North America
Europe
Asia Pacific
Latin America
MEA
Part 9. Automotive Sealants Market Competitive Analysis
Global Automotive Sealants Market Competition Overview
Henkel AG & Co. KGaA
Business Overview
Contact Information
The Dow Chemical Company
Business Overview
Contact Information
3M Company
Business Overview
Contact Information
EMS-Chemie Holding AG
Business Overview
Contact Information
Sika AG
Business Overview
Contact Information
Other Leading Competitors
Disclaimer
FIGURES AND TABLES
Global Automotive Sealants Market, Net Growth, 2020-2029 (Thousand Tons)
Global Automotive Sealants Market, Net Growth, 2020-2029 (USD Billion)
Global Automotive Sealants Market by Raw Materials, 2020-2029 (Thousand Tons)
Global Automotive Sealants Market Share (%), by Raw Materials, 2023/
Global Automotive Sealants Market by Raw Materials, CAGR Historic and Forecast, 2020-
Global Automotive Sealants Market for SMP: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for PVC: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for Acrylics: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for Anaerobics: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for Silicones: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market by Application, 2020-2029 (Thousand Tons)
Global Automotive Sealants Market Share (%), by Application, 2023/
Global Automotive Sealants Market by Application, CAGR Historic and Forecast, 2020-
Global Automotive Sealants Market for Assembly: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for Paint Shop: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for UTH and Powertrain: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for BIW: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market by End-User, 2020-2029 (Thousand Tons)
Global Automotive Sealants Market Share (%), by End-User, 2023/
Global Automotive Sealants Market by End-User, CAGR Historic and Forecast, 2020-
Global Automotive Sealants Market for Refinish: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market for OEM: 2020-2029 (Thousand Tons)
Global Automotive Sealants Market Share (%), by Region,
Global Automotive Sealants Market by Region, 2020-2029 (Thousand Tons)
Global Automotive Sealants Market Share (%), by Region, 2023/
Global Automotive Sealants Market by Region, CAGR Historic and Forecast, 2020-
North America Automotive Sealants Market: 2020-2029 (Thousand Tons)
Europe Automotive Sealants Market: 2020-2029 (Thousand Tons)
Asia Pacific Automotive Sealants Market: 2020-2029 (Thousand Tons)
Latin America Automotive Sealants Market: 2020-2029 (Thousand Tons)
MEA Automotive Sealants Market: 2020-2029 (Thousand Tons)
Global Automotive Sealants and Adhesives Market Share, by Top Players,
Henkel AG & Co. KGaA Financial Overview (EUR Million), 2019-
Henkel AG & Co. KGaA Revenue, by Segment,
Henkel AG & Co. KGaA Revenue, by Region,
The Dow Chemical Company Financial Overview (USD Million), 2019-
The Dow Chemical Company Revenue, by Segment,
The Dow Chemical Company Revenue, by Region,
3M Company Financial Overview (USD Million), 2019-
3M Company Revenue, by Segment,
3M Company Revenue, by Region,
EMS-Chemie Holding AG Financial Overview (CHF Million), 2019-
EMS-Chemie Holding AG Revenue, by Segment,
EMS-Chemie Holding AG Revenue, by Region,
Sika AG Financial Overview (CHF Million), 2019-
Sika AG Revenue, by Region,
Sika AG Revenue, by Country,

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