Co-Polymer Sealants Market Expected to Reach $768.5 Million by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Co-Polymer Sealants Market," The co-polymer sealants market was valued at $412.50 million in 2021, and is estimated to reach $768.5 million by 2031, growing at a CAGR of 6.4% from 2022 to 2031.

Co-polymers are derived from different types of monomers that re linked with similar polymer chain. High strength, resilience, modulus to weight ratio, resistance to corrosion, lack of conductivity, and low production cost make co-polymer ideal for production of sealants.

Silicone-polyether block co-polymer sealants are high performance sealants, used for adhering diverse domestic and commercial materials, such as metal, glass, ceramics, and others. Silicone-polyether block-based co-polymer sealants offer exceptional flexibility, durability, and non-sag properties, thus making them useful across adhering of window frames, timber joints, shower screens, and sinks & basins. Ethylene acrylic co-polymer sealants are mainly used to adhere gutter leaks, roof leaks, and cracked glazing. Cross-linking acrylic co-polymer consisting silane functionalized monomeric units are proven to offer superior adhesive, cohesive, and flexural properties during sealant formulation.

Ethylene acrylic co-polymer tend to enhance appearance of solvent borne sealants, making it widely used in chemical, building & construction, and medical end-use industries. High adhesion and performance of silicone-polyether block-based co-polymer sealants make them ideal choice for adhesion of roofing substrates, tile, concrete, clay, slate, and pre-painted metals. Co-polymer sealants based on silicone-polyether are durable sealants, used mainly for application that are exposed to high wind conditions as these sealants are capable withstanding wear & tear and crack formation. In addition, silicone-polyether-based co-polymer sealants tend to cure quick and offers smooth and paintable surface.

Co-polymer sealants based on ethylene acrylic are widely used for sealing and weatherproofing applications. Ethylene acrylic co-polymer resins have tensile strength, flexibility, tackiness, and adhesion properties, making them an ideal choice for production of co-polymer sealants. Thus, use of ethylene acrylic co-polymer for formulation of sealants aid the adhesion characteristics of sealants with diverse substrate products. Rubber-based co-polymer sealants offer resistance towards wet, oily or dirty surfaces. Thus, this co-polymer sealants is used for adhesion of skylights, window frames, roof, gutter, metal & PVC downpipes, shower screens, and sinks. All these factors have escalated the demand for silicone-polyether block co-polymer sealants.

Versatility and formulation chemistry of silicone-polyether based co-polymer sealants are ideal choice for adhesion of damp, non-porous surfaces, such as metals, glass, and glazed tiles. Moreover, these co-polymer sealants offer antimicrobial property thereby helping to minimize mold growth, which drives the growth of the global market. The demand for silicone-polyether based co-polymer sealants is growing in the building and construction industry as it tends to minimize tile chattering, shifting, and offers enhanced adhesion as compared with other types of co-polymer sealants. Silicone-polyether block co-polymer sealantSilicone-polyether block co-polymer sealant cure easily in the presence of atmospheric moisture, making them ideal choice of sealants in the building & construction industry. All these factors drives the growth of the global market.

Cyanoacrylate based co-polymer sealants offer high adhesive strength and swift curing time. However, there is potential risk of using this co-polymer sealant for internal body medical applications. Cyanoacrylate-based co-polymer sealants tend to increase the risk of infection, cytotoxicity, and tissue necrosis, thus, hampering the demand for synthetic co-polymer sealants in the medical industry.

To overcome this problem, the demand for synthetic glues based on other polymer materials such as poly(ethylene glycol) (PEG), polyurethanes, and polyesters is gaining importance in medical use. This factor has also negatively hampered the growth of co-polymer sealants in the medical industry as there are better alternatives available in the market. All these factors tend to hamper the market growth. Styrene block co-polymer is used to formulate co-polymer sealant. Styrene co-polymer-based sealants are capable of withstanding moisture, making them viable to be used in roofing applications.

Rubber-based co-polymer sealants are another available choice in the market. Rubber-based co-polymer sealants are used in interior and exterior building applications. Rubber-based co-polymer sealants offer resistance towards wet, oily or dirty surfaces. Thus, rubber based co-polymer sealants is used for adhesion of skylights, window frames, roof, gutter, metal & PVC downpipes, shower screens, and sinks is anticipated to offer new growth opportunities during the forecast period. Solar modules are gaining importance owing to the growing renewable energy sector. Solar module is made up of 6 major components, such as tempered glass, EVA film, back sheet, aluminum alloy frame, junction box, and sealant. Solar panels working condition depend on type of sealant used for adhesion of components as the panels tend to sustain harsh and changing environmental conditions. Silicone-polyether block co-polymer sealant are mostly widely used sealants for in solar panels. The co-polymer sealants market is segmented on the basis of product type, application, and region.

By product type, the market is segregated into silicone-polyether block co-polymer sealants, ethylene acrylic co-polymer sealants, and others. The silicone-polyether block co-polymer sealants segment dominated the global market in terms of revenue in 2021, with over 52% of the total share. High adhesion and performance of silicone-polyether block-based co-polymer sealants, make them ideal choice for adhesion of roofing substrates, tile, concrete, clay, slate, and pre-painted metals. Silicone-polyether block co-polymer sealant are durable sealants used mainly for application that are exposed to high wind conditions as these sealants are capable of withstanding wear & tear and crack formation. In addition, silicone-polyether based co-polymer sealants tend to cure quick and offer smooth and paintable surface. All these factors have escalated the demand for silicone-polyether block co-polymer sealants.

By application, the global co-polymer sealants market is segmented into chemical, energy & power, medical, and others. The chemical application dominated the global market in terms of revenue in 2021, with over 38% of the total share. Region-wise, the co-polymer sealants market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific co-polymer sealants market is projected to grow at the highest CAGR during the forecast period. Surgical sealants play a crucial role that help to prevent seepage of fluids and liquids, which in turn helps to minimize hemostasis and close incisions.

Co-polymer sealants are versatile choice in the medical industry as they tend to minimize the risk of seepage of body fluids. There are several other substitute sealants used in the medical industry. However, toxicity and high production cost have escalated the demand for biodegradable and low cost surgical sealants. Several liquid-based co-polymer sealants based on PEG4-PLGA-NHS and PEG4-NH2 co-polymer are gaining importance, owing to their environment-friendly characteristic and low cost. The growing medical industry in Asia-Pacific is anticipated to offer new growth opportunities for the co-polymer sealants market.

Key players operating in the global co-polymer sealants market include, Allfasteners USA LLC, Ashland, BASF SE, Bostik, Chemtron, Inc., Dow, Evonik Industries, Henkel AG & Co. KGaA, Kraton Corporation, 3M Company, MAPEI, Momentive, Premier Building Solutions, SEKISUI Fuller, and Selleys.

Key findings of the study:

• The silicone-polyether block co-polymer sealants segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.7% from 2022 to 2031.
• The medical application segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.7% from 2022 to 2031.
• Asia-Pacific garnered the highest share of 42% in 2021, in terms of revenue, growing at a CAGR of 6.9%.