Description
The elastomeric sealant is an elastic and durable sealant designed to provide rubbery texture that dries hard but retains flexibility. The term elastomeric refers to the capability of the material; it is the ability of a material to elongate when stress is applied and return to its original shape and size when the stress is removed. Elastomeric sealants have the advanced properties of universal application to control moisture and water. The construction industry's expansion, driven by urbanization, infrastructure development, and real estate projects, creates a significant demand for elastomeric sealants. These sealants are essential for sealing joints and gaps in buildings, bridges, and other structures to prevent water infiltration and accommodate movement. However, lack of awareness about the acoustic sealants in developing regions and high cost of materials may limit the elastomeric sealant market growth. The Elastomeric Sealant Market is estimated to grow at a rate of 7% CAGR by 2028.
Elastomeric Sealant Market on the basis of Types:
•    Silicone
•    Polyurethane
•    Polysulfide 
•    Others
Elastomeric Sealant Market on the basis of End-users:
•    Construction
•    Automotive & Transportation 
•    Electronic 
•    Others
Elastomeric Sealant Market on the basis of Geography:
•    North America
•    Europe
•    Asia Pacific
•    Rest of the World
Segmentation by technology is divided into Silicone, Polyurethane, Polysulfide and Others. The Global Elastomeric Sealant Market's silicone segment had the highest sales share. Owing to the superior weathering, moisture, UV radiation and elasticity resistance, adhesion to different types of substrates, and elasticity of silicone-based elastomeric sealants, this is viable. The silicone-based sealants are extensively utilized in the automotive and electrical industries as well as in the construction industry for bonding and sealing tasks such as windows, sealing of roofs and doors. Over the estimated period, the Asia-Pacific region's surging demand for silicone elastomeric sealants, especially in China and India, is projected to boost this segment's revenue growth.
The end users of elastomeric sealant include Construction, Automotive & Transportation, Electronic and Others. The construction sector is witnessing highest growth in the forecasted period. The key reason for this is the extensive usage of elastomeric sealants in different construction processes such as flooring, waterproofing, and roofing. Elastomeric sealants are utilized in the construction industry to fill in cracks and joints in building structures, avoiding the entry of air, water and dust. Elastomeric sealants are also perfect for withstanding UV rays, other environmental conditions, and weathering, which makes them best for use in outdoor applications. Over the estimated period, the demand for elastomeric sealants in the construction industry is projected to be further propelled by the increasing need for energy-efficient buildings and the rising use of green building materials.
According to the geographical market, Asia Pacific anticipated to acquire dominant share in the global elastomeric sealant market. The market in this region is projected to develop as a result of the surging demand for elastomeric sealants in a number of industries, such as automotive, construction and aerospace. Owing to increasing urbanization and infrastructure development activities, the construction industry is rising quickly in developing nations such as India, China, and Indonesia.
Furthermore, the growing infrastructure projects across the world such as roads, bridges, tunnels, airports, and other public works, have driven the global demand for elastomeric sealants. These sealants are widely used in infrastructure applications to ensure water-tightness, improve durability, and provide protection against environmental factors.
The key competitors of the elastomeric sealant market are 3M Company, Dow Chemical Company, Henkel AG, Arkema, Sika AG, H.B. Fuller Company, RPM International Inc., PPG Industries, Inc., VCM Polyurethanes Pvt. Ltd, and KCC CORPORATION.
The elastomeric sealant market continues to grow due to the increasing demand for flexible and long-lasting sealing solutions in the construction and industrial sectors. Advancements in sealant technology and a focus on energy efficiency and sustainability are expected to drive further growth in the elastomeric sealant market.
•    The elastomeric sealant market research report describes the details of key drivers, restraints, challenges and opportunities for market.
•    This report further gives the insights of the regional rules and other government regulations impacting the elastomeric sealant market.
•    This report also gives the in-depth analysis of the latest developments and innovation in the market.
•    This study entails the complete and extensive analysis of the elastomeric sealant market players and their strategies such as collaborations, acquisitions and mergers and SWOT analysis.