Latex sealant is used for connecting various materials and parts. It is synthetic semi-solid material which offers prevention from liquid leakage. The sealants are used for different purposes such as automobile sealers, insulated glass sealers, construction sealers, and airport runway sealers, among others. Latex sealant is referred as an adhesive in the liquid form. It is easy to apply in joining the different surfaces. In addition, there is no need of any production equipment or machineries for the installation of latex sealant. Furthermore, it has a wide range of applications in the construction sector.
Market Dynamics
Rising use of latex sealant across the construction industry
Latex sealant is water-based sealant, thus used for residential construction and buildings. It is easy to apply and has the capability to join different surfaces. Moreover, it offers some beneficial functions such as resistance from UV rays and humidity. Latex sealants are easy to clean up, cost-effective, and paintable construction sealants. In addition, it is used for interior application, owing to their short-service life. These are the major factors to accelerate the global latex sealant market growth.
Technological advancements and architectural innovation
Airports and mining facilities, residential areas, and transportation routes are coming across the advance technological transformation to enhance the standards. Latex sealants helps to improve the standards of residential and commercial buildings as it is used for blocking dust, heat, and sound transmission. In addition, latex sealant helps to maintain the sealing properties during their lifespan. Thus, booming demand for latex sealant is expected to witness lucrative opportunities across the latex sealant market players.
Availability of alternative for latex sealants
The substitute available for latex sealants are listed such as polyurethane polyisobutylenes, silicone, polysulfide, acrylic, and butyl sealants. Silicone sealants are more flexible and it has longer lifecycle. Furthermore, increasing demand for silicone sealants, owing to their properties such as good adhesion, thermal resistance, and dynamic movement capability is hampering the global latex sealant market growth. On the other hand, polyisobutylenes sealant is used as primary sealers in insulating glazing units. Thus, easy availability of substitutes for latex sealant is hindering the global latex sealants market growth.
Key features of the study:
Detailed Segmentation:
*” marked represents similar segmentation in other categories in the respective section.
Detailed Segmentation:
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