Mastic Sealant Market to Undertake Strapping Growth During 2016 – 2024
Mastic is a liquid sealant that is
flexible and protects surfaces after drying. Mastic sealant can easily
adhere to different materials such as glass, concrete, aluminum, wood,
duct board, marble, and steel and can maintain a durable bond for long
time. It has a wide range of use that includes connecting windows and
other structures in residential areas to filling cracks in different
masonry works. Moreover, mastic sealant is also applicable in brick
structure, roofing, and cars as well to keep them clean.
There are multiple segments of mastic sealant market
based on oil, sanitary grade, silicone, glazing silicone, acrylic,
rubber, polyurethane, high temperature, and caulk. All the segments have
their respective uses in different sectors. Of all the mentioned mastic
sealant segments, rubber based mastic sealant market is expected to be
on the rise in the coming years because of its high tensile strength,
adhesion and high workability. It is expected to drive the growth of the
global mastic sealant market.
Mastic sealants are now utilized in
various applications such as construction, automotive, and furniture.
Material insolubility, anti-corrosion properties, and quick penetration
of substrates are some of the prominent properties that are expected to
be of significant help in the progress trajectory of the global mastic
sealant market. Several manufacturers are trying to come up with new
formulas for producing mastic sealants that will provide better
workability even while using it in applications that entail severe joint
movements.
Mastic sealant is a flexible, liquid
sealant. It protects surfaces even after drying. Mastic sealant can
adhere to materials such as aluminum, glass, concrete, wood, marble,
steel, and duct board, thus maintaining a durable bond for long period.
It is used in bathtubs, and connecting windows and structures in the
residential sector. It can also be employed to fill cracks in various
masonry applications in the nonresidential sector. Furthermore, mastic
sealant is used in roofing, brick structures, and even cars and boats to
keep them dust-free. It is waterproof and highly resistant to low and
high temperatures due to the presence of ultraviolet (UV) inhibitors.
Additionally, mastic sealant works well with metals; it usually does not
corrode them over time. Mastic sealant is also used in load-bearing
walls and ceiling applications.
Based on type, the market for mastic
sealant can be segmented into oil based mastic sealant, silicone
sanitary grade, glazing silicone, rubber based, acrylic, caulk,
polyurethane, and high temperature based. Oil based mastic sealant
remains fluid under a fast forming skin and can be painted even if being
allowed to dry. Silicone sanitary grade type sealant, which consists of
a long chain of polymer, is used to seal bath or basin areas. Glazing
silicon is employed to seal nonporous substrates. Rubber based sealant
is used to seal cracks in flat roofs and gutters. Thus, it can be
employed in damp conditions. Rubber based sealant can adhere to bitumen
as well as plastic substrates. Acrylic sealant is a water based sealant,
which can be used in wooden substrates. Caulk type sealant is employed
to fill cracks and sealing gaps in skirting boards. Polyurethane type
sealant can be used in dry conditions due to its prime features such as
high tensile strength. High temperature sealant is used to seal fire
ducts that need to be protected from heat. The rubber based segment is
expected to expand significantly during the forecast period primarily
due to the high workability, tensile strength, and adhesion of these
type of sealants. This is anticipated to drive the mastic sealant market
across the globe.
Rise in demand for mastic sealant in
various applications, such as pressure sensitive, construction,
furniture, and automotive, is estimated to drive the mastic sealant
market during the forecast period. Easy penetration of substrates,
material insolubility, and resistance to corrosion are some of the key
features estimated to boost the mastic sealant market during the
forecast period. Mastic sealant is not used in applications that require
extreme joint movements due to its flexibility. It can work well in
thick applications such as large cracks and gaps rather than in thinner
areas. These are some of the challenges for market players. However,
manufacturers are coming up with newly formulated mastic sealant
products that provide good workability even in applications entailing
extreme joint movements.
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In terms of region, the global market for
mastic sealant can be segmented into North America, Latin America, Asia
Pacific, Europe, and Middle East & Africa. Asia Pacific is
anticipated to dominate the mastic sealant market in the near future
primarily due to the rapid industrialization and urbanization in
countries such as China and India. Various end-use industries such as
automotive, construction, residential, and nonresidential have been
expanding due to the increase in urbanization and industrialization.
This, in turn, is boosting the mastic sealant market. Rise in road and
infrastructure maintenance activities in countries such as the U.S.,
Germany, and Australia is also driving the demand for mastic sealant.