What is Sealing Coatings?
Sealing Coatings specializes in ceramic radiant heat thermal barriers, elastomeric roof coatings, nano thermal coatings, waterproofing coatings, heat reflective paint, and primers for residential, commercial and industrial uses. Sealing coating to prevent the effects of weathering is a seasonal rite for many businesses and homeowners. Sealing crews are a common sight in September and October in colder climates, where sealing can help prevent damage from freezing water as well as salts and road chemicals. Sunlight and wind are also highly damaging to asphalt in warmer climates.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Alumasc Building Products Ltd (United Kingdom), BB Fabrication Renaulac (France), KÖSTER BAUCHEMIE AG (South Africa), DRACO Italiana SpA (Italy), ISOMAT S.A. (Greece), PPG Industries, Inc (United States), Sherwin-Williams (United States), COAT 'N' COOL (United States), Solomon Colors (United States), CAP ARREGHINI (Italy) and Blancolor SA (France) |
CAGR | 3.8% |
The Global Sealing Coatings market is expected to see growth rate of 3.8% and may see market size of USD13.9 Billion by 2027.
The Market is currently pegged at USD Billion. The study covers a detailed analysis segmented by key business segments i.e. by type (Coal Tar Sealers and Asphalt Emulsion (Acrylic, and Fast-Dry)) and major geographies. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Sealing Coatings market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Sealing Coatings market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Alumasc Building Products Ltd (United Kingdom), BB Fabrication Renaulac (France), KÖSTER BAUCHEMIE AG (South Africa), DRACO Italiana SpA (Italy), ISOMAT S.A. (Greece), PPG Industries, Inc (United States), Sherwin-Williams (United States), COAT 'N' COOL (United States), Solomon Colors (United States), CAP ARREGHINI (Italy) and Blancolor SA (France).
Market Overview:
On 3rd March 2020, PITTSBURGH has announced that it has completed its acquisition of Alpha Coating Technologies, LLC a manufacturer of powder coatings for light industrial applications and heat-sensitive substrates. Financial terms were not disclosed.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Market Trend
Rising use of Sealing Coating as Corrosion Resistance
Restraints
- Increased Health Risk because of Exposure to Cancer-Causing Polycyclic Aromatic Hydrocarbons (PAHs) in Coal-Tar
Opportunities
Rising Demand for Building Exteriors and Drainage Backed
Key highlights of the Global Sealing Coatings market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Sealing Coatings market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Sealing Coatings market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Sealing Coatings Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sealing Coatings market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sealing Coatings market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Sealing Coatings Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.