ACRYLIC SEALANTS MARKET ANALYSIS

Regional Analysis

Market Outlook

Asia Pacific is expected to emerge as the fastest growing market for acrylic sealants as a result of rapid industrialization and technological advancements in emerging economies such as India and China. Additionally, expanding end use industries such as construction and transport in these countries is expected to account for a major market share over the next few years. Increasing awareness of environmental hazards posed by synthetic adhesives and sealants has led manufacturers in regions such as North America and Europe to invest in ecofriendly alternatives, which is driving demand for acrylic sealants in the regions. The construction sector in countries such as Brazil is picking up pace which, in turn, is facilitating demand for building raw materials in Latin America. Moreover, increasing focus on developing bio-based alternative products by manufacturers across the globe is projected to favour the market growth significantly.