Study Period | 2017 - 2028 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2028 |
Market Size (2024) | USD 57.78 Million |
Market Size (2028) | USD 69.22 Million |
CAGR (2024 - 2028) | 4.62 % |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Malaysia Sealants Market Analysis
The Malaysia Sealants Market size is estimated at 57.78 million USD in 2024, and is expected to reach 69.22 million USD by 2028, growing at a CAGR of 4.62% during the forecast period (2024-2028).
Malaysia's industrial landscape continues to evolve with significant developments across multiple sectors, positioning the country as a key manufacturing hub in Southeast Asia. The nation's strategic focus on high-value manufacturing has attracted substantial investments across various industries, with the construction sector contributing approximately 4% to the country's GDP. The government's commitment to industrial development is evident through various initiatives and policies aimed at strengthening the manufacturing base. This industrial diversification has created new opportunities for advanced materials and solutions, particularly in specialized industrial sealants applications.
The healthcare and medical device manufacturing sector has emerged as a crucial growth driver for Malaysia's industrial development. Healthcare expenditure in Malaysia demonstrated robust growth, reaching MYR 69.2 billion in 2021, representing a significant 9.6% increase from the previous year. The country has successfully positioned itself as a preferred outsourcing destination for medical device manufacturing in Southeast Asia. This transformation has been supported by substantial investments in healthcare infrastructure, advanced manufacturing capabilities, and research and development facilities. The sector's growth has been particularly notable in specialized medical equipment and device manufacturing.
Malaysia's electronics and technology sector continues to demonstrate remarkable strength, with electronics exports reaching USD 92.45 billion, highlighting the country's significant role in global supply chains. The sector's evolution encompasses various subsectors, including semiconductor manufacturing, consumer electronics, and advanced electronic components. The integration of smart manufacturing practices and Industry 4.0 technologies has further enhanced the sector's capabilities. This technological advancement has created increased demand for specialized electronic sealants and components, particularly in high-precision manufacturing applications.
The aerospace industry has shown promising development, with Malaysia now hosting more than 230 aerospace-related businesses engaged in various activities including engineering, design, manufacturing, and maintenance, repair, and overhaul (MRO) services. The implementation of the Malaysian Aerospace Industry Blueprint 2030 has provided a structured framework for the industry's growth. The sector's expansion has been particularly notable in composite manufacturing, aircraft component production, and advanced materials applications. This growth has been accompanied by increasing demands for high-performance materials and specialized aerospace sealants, reflecting the industry's evolution toward more sophisticated manufacturing capabilities.
Malaysia Sealants Market Trends
Private and industrial investments along with the upcoming mega-construction projects will augment the industry size
- The Malaysian construction industry is expected to record a CAGR of about 3.37% during the forecast period from 2022 to 2028. In 2019, the construction output in Malaysia stood at approximately MYR 146.37 billion, exhibiting a slight growth from 2018. Malaysia's construction sector grew slower in 2019, as a few projects were stalled to cover the debt values. Owing to a halt in several mega-construction projects and an increasing inventory of unsold housing stocks, the construction industry remained almost stagnant in 2019.
- In 2020, the Malaysian construction sector contracted by 13.9% due to negative growth in civil engineering, non-residential, and residential buildings. Malaysia's construction activity contracted 12.9% Y-o-Y in the December quarter of 2021. Decreasing numbers were seen in residential buildings compared to the third quarter of 2021, with a decrease in non-residential buildings and civil engineering. By 2021, the construction output fell by 5% in the country.
- Malaysia promotes and makes significant investments in private and industrial construction. As per the 2022 construction forecast for private and industrial construction, the residential sector was expected to record a 6.08% increase to MYR 22,628 million in 2021 and a decline by 1.67% in the first half of 2022 as concerns over the supply overhang linger. The growing construction developments across the country over the forecast period.
Growing demand for electric vehicles will influence the country's automotive industry
- Malaysia remains an appealing base for multinational automakers. Honda, Toyota, Nissan, Mercedes-Benz, and BMW are among the global automobile corporations that have established operations in the country to capitalize on growing customer demand. The industry is a crucial part of the country's industrial sector, contributing above 4% of its GDP and remaining the third-largest automotive market in ASEAN. Malaysia currently has 28 manufacturing and assembly plants for passenger vehicles, commercial vehicles, motorcycles, and scooters, as well as automotive parts and components.
- The industry has undoubtedly aided the growth of engineering, auxiliary, and supporting sectors. It also helps with skill development and the advancement of technology and engineering capabilities. The automotive industry in Malaysia will not be immune to the global trend of digitalization and the advent of new business models. In 2019, the country produced about 5,71,632 units of vehicles, which drastically reduced to 4,85,186 units in 2020, with a 15% decline due to the COVID-19 pandemic. Due to this, the variation in automotive production between 2019 and 2021 was about -16%, whereas it was recorded at -1% between 2020 and 2021.
- The electric vehicle (EV) is recognized as a critical technology for the future of automotive power systems in the country's automotive industry's roadmaps. EVs have just recently emerged as a significant influence in Malaysia. However, in Malaysia, the absence of EV infrastructure and the country's heavy reliance on fossil fuels creates a considerable obstacle.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The rise in investments will support a long-term development strategy for the Malaysian aerospace industry
Segment Analysis: End User Industry
Building & Construction Segment in Malaysia Sealants Market
The building and construction segment dominates the Malaysia sealants market, accounting for approximately 46% of the total market value in 2024. This significant market share is driven by the extensive use of silicone sealants and polyurethane sealants across various construction applications, including joint sealing, weatherproofing, curtain wall installations, glazing, and façade work. The segment's prominence is further strengthened by Malaysia's robust construction sector, which contributes around 4% to the country's GDP. The residential construction sector has shown particular dynamism, with significant investments in both private and industrial construction projects. Silicone sealants and polyurethane sealants are predominantly used in this segment due to their versatility in applications such as window and door installations, building facades, and bathroom installations.

Aerospace Segment in Malaysia Sealants Market
The aerospace segment is positioned as the fastest-growing sector in the Malaysia sealants market, projected to expand at approximately 7% CAGR from 2024 to 2029. This robust growth is primarily driven by Malaysia's expanding aerospace industry, which has been gaining momentum through the implementation of the National Aerospace Industry Blueprint 2030. The country's strategic positioning as a regional aerospace hub, with more than 230 aerospace companies engaged in various activities, including engineering, design, manufacturing, and maintenance, repair, and overhaul (MRO) operations, is fueling this growth. The increasing adoption of advanced sealant technologies, including structural sealants, in aircraft manufacturing, particularly silicone sealants for instrumental seals, electrical equipment in cockpits, engine gaskets, and wing components, is further accelerating segment growth.
Remaining Segments in End-user Industry
The automotive, healthcare, and other end-user industry segments collectively form a substantial portion of the Malaysia sealants market. The automotive sector utilizes elastomeric sealants extensively in vehicle assembly and component manufacturing, particularly benefiting from the country's position as the third-largest automotive market in ASEAN. The healthcare segment demonstrates steady growth, driven by increasing medical device manufacturing and healthcare infrastructure development. Other end-user industries, including electronics, marine, and DIY applications, contribute significantly to market diversity through specialized applications such as electronic component sealing, marine sealants for vessel maintenance, and consumer applications.
Segment Analysis: Resin
Silicone Segment in Malaysian Sealants Market
Silicone sealants dominate the Malaysian sealants market, commanding approximately 40% market share in 2024. The segment's prominence is attributed to its versatile applications across multiple industries, particularly in the automotive, healthcare, construction, and woodworking sectors. Silicone sealants are preferred due to their superior properties, including high temperature resistance ranging from -50°C to 250°C, excellent bonding strength to low surface energy substrates, and compatibility with both porous and non-porous surfaces. The segment's growth is further bolstered by increasing demand from the healthcare industry, where silicone sealants are extensively used in medical device manufacturing, dentistry equipment, and various surgical applications. The segment's success is also driven by its wide-ranging utility in construction applications, particularly in sealing joints, windows, and building facades, where its weather-resistant properties and durability make it an ideal choice.
Polyurethane Segment in Malaysian Sealants Market
The polyurethane sealants segment is experiencing significant growth in the Malaysian sealants market, driven by its expanding applications in the construction and automotive industries. These sealants are gaining traction due to their exceptional properties, including high peel strength and medium to high shear strength, making them ideal for demanding applications. The segment's growth is particularly notable in the automotive sector, where polyurethane sealants are increasingly used in electric vehicle manufacturing. The rise in residential and industrial construction activities is further propelling the demand for polyurethane sealants, especially in applications such as installing skylights, mounting fixtures, sealing gutters, and forming expansion joints. The segment's expansion is also supported by the growing trend toward sustainable and environmentally friendly building materials.
Remaining Segments in Resin Segmentation
The Malaysian sealants market features several other significant resin segments, including acrylic sealants, epoxy, and other specialized resins. Acrylic sealants have established a strong presence in automotive applications, particularly in sealing door panels and welds, while also serving DIY and construction needs. Epoxy sealants, known for their superior chemical resistance and excellent sealing properties, cater primarily to high-performance industrial applications. The other resins segment, comprising rubber-based sealants, polyesters, polysulfides, and phenolic resin-based sealants, serves specialized applications across electronics, healthcare, and industrial sectors. Each of these segments contributes uniquely to the market's diversity, offering specific properties and solutions for varied application requirements.
Malaysia Sealants Industry Overview
Top Companies in Malaysia Sealants Market
The Malaysian sealants market is characterized by companies focusing heavily on product innovation and sustainable development initiatives. Major players are consistently introducing new environmentally friendly products with low VOC emissions and enhanced performance characteristics to meet evolving customer demands. Operational agility has become paramount, with companies establishing robust distribution networks and multiple production facilities across the country to ensure consistent supply and quick response to market needs. Strategic moves in the market are primarily centered around expanding production capacities, strengthening local partnerships, and developing customized solutions for specific industries. Companies are also investing in research and development to create hybrid sealants that combine multiple technologies, while simultaneously expanding their presence in high-growth sectors like construction and automotive. The emphasis on developing sustainable products and establishing strong regional distribution networks has emerged as a key trend among market leaders.
Mix of Global Leaders and Local Specialists
The Malaysian sealants market exhibits a partly consolidated structure with a mix of global conglomerates and local specialists competing for market share. Global players like Sika AG, Henkel AG & Co. KGaA, and 3M leverage their extensive product portfolios, technological capabilities, and international experience to maintain strong market positions. Local players such as Mohm Chemical Sdn Bhd and Vital Technical Sdn Bhd have established themselves through their understanding of regional requirements, competitive pricing strategies, and ability to provide customized solutions. These domestic companies have maintained their competitive edge by focusing on specific market segments and building strong relationships with local distributors and customers.
The market demonstrates moderate consolidation, with the top five companies controlling more than half of the market share. The competitive landscape is evolving through strategic partnerships between global and local players, allowing companies to combine their strengths in technology, distribution, and market knowledge. Companies are increasingly focusing on vertical integration to control costs and maintain quality standards, while also expanding their manufacturing capabilities to meet growing domestic demand. The market has seen limited merger and acquisition activity, with companies preferring organic growth strategies and strategic collaborations over outright acquisitions.
Innovation and Sustainability Drive Future Success
Success in the Malaysian adhesives and sealants market increasingly depends on companies' ability to develop innovative, sustainable products while maintaining cost competitiveness. Incumbent players need to focus on expanding their product portfolios with eco-friendly solutions, strengthening their distribution networks, and developing industry-specific expertise, particularly in high-growth sectors like construction and automotive. Companies must also invest in research and development to create advanced formulations that meet evolving industry standards and customer requirements. Building strong relationships with key end-users, particularly in the construction and automotive sectors, while maintaining price competitiveness through efficient operations and local manufacturing presence, has become crucial for maintaining market position.
For contenders looking to gain market share, the focus should be on identifying and serving underserved market segments, developing specialized products for specific applications, and establishing strong local partnerships. Companies need to consider the growing importance of environmental regulations and sustainability requirements in product development and marketing strategies. The risk of substitution from alternative sealing compounds remains moderate, making product differentiation and technical support capabilities critical success factors. Building technical expertise in key application areas, offering comprehensive customer support, and maintaining competitive pricing while ensuring product quality will be essential for companies aiming to expand their market presence.
Malaysia Sealants Market Leaders
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3M
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Henkel AG & Co. KGaA
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Mohm Chemical Sdn. Bhd.
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Sika AG
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VITAL TECHNICAL SDN BHD
- *Disclaimer: Major Players sorted in no particular order
Malaysia Sealants Market News
- December 2020: WACKER launched renewables-based silicone sealants extending its silicone sealants portfolio.
- April 2019: Dow completed the separation of its Material Science division through a spin-off of Dow Inc.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.
Malaysia Sealants Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
-
4.1 End User Trends
- 4.1.1 Aerospace
- 4.1.2 Automotive
- 4.1.3 Building and Construction
-
4.2 Regulatory Framework
- 4.2.1 Malaysia
- 4.3 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
-
5.1 End User Industry
- 5.1.1 Aerospace
- 5.1.2 Automotive
- 5.1.3 Building and Construction
- 5.1.4 Healthcare
- 5.1.5 Other End-user Industries
-
5.2 Resin
- 5.2.1 Acrylic
- 5.2.2 Epoxy
- 5.2.3 Polyurethane
- 5.2.4 Silicone
- 5.2.5 Other Resins
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 Dow
- 6.4.4 Henkel AG & Co. KGaA
- 6.4.5 Illinois Tool Works Inc.
- 6.4.6 Mohm Chemical Sdn. Bhd.
- 6.4.7 Sika AG
- 6.4.8 Soudal Holding N.V.
- 6.4.9 VITAL TECHNICAL SDN BHD
- 6.4.10 Wacker Chemie AG
7. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS
8. APPENDIX
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8.1 Global Adhesives and Sealants Industry Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Drivers, Restraints, and Opportunities
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF AIRCRAFTS DELIVERED, UNITS, MALAYSIA, 2017-2028
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, MALAYSIA, 2017-2028
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, MALAYSIA, 2017-2028
- Figure 4:
- VOLUME OF SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 5:
- VALUE OF SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 6:
- VOLUME OF SEALANTS CONSUMED BY END USER INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 7:
- VALUE OF SEALANTS CONSUMED BY END USER INDUSTRY, USD, MALAYSIA, 2017 - 2028
- Figure 8:
- VOLUME SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2016 VS 2022 VS 2028
- Figure 9:
- VALUE SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2016 VS 2022 VS 2028
- Figure 10:
- VOLUME OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 11:
- VALUE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, USD, MALAYSIA, 2017 - 2028
- Figure 12:
- VALUE SHARE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
- Figure 13:
- VOLUME OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 14:
- VALUE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, MALAYSIA, 2017 - 2028
- Figure 15:
- VALUE SHARE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
- Figure 16:
- VOLUME OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 17:
- VALUE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, MALAYSIA, 2017 - 2028
- Figure 18:
- VALUE SHARE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
- Figure 19:
- VOLUME OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 20:
- VALUE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, USD, MALAYSIA, 2017 - 2028
- Figure 21:
- VALUE SHARE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
- Figure 22:
- VOLUME OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 23:
- VALUE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, MALAYSIA, 2017 - 2028
- Figure 24:
- VALUE SHARE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
- Figure 25:
- VOLUME OF SEALANTS CONSUMED BY RESIN, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 26:
- VALUE OF SEALANTS CONSUMED BY RESIN, USD, MALAYSIA, 2017 - 2028
- Figure 27:
- VOLUME SHARE OF SEALANTS CONSUMED BY RESIN, %, MALAYSIA, 2016 VS 2022 VS 2028
- Figure 28:
- VALUE SHARE OF SEALANTS CONSUMED BY RESIN, %, MALAYSIA, 2016 VS 2022 VS 2028
- Figure 29:
- VOLUME OF ACRYLIC SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 30:
- VALUE OF ACRYLIC SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 31:
- VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
- Figure 32:
- VOLUME OF EPOXY SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 33:
- VALUE OF EPOXY SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 34:
- VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
- Figure 35:
- VOLUME OF POLYURETHANE SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 36:
- VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 37:
- VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
- Figure 38:
- VOLUME OF SILICONE SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 39:
- VALUE OF SILICONE SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 40:
- VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
- Figure 41:
- VOLUME OF OTHER RESINS SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 42:
- VALUE OF OTHER RESINS SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 43:
- VALUE SHARE OF OTHER RESINS SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
- Figure 44:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, MALAYSIA, 2019 - 2021
- Figure 45:
- MOST ADOPTED STRATEGIES, COUNT, MALAYSIA, 2019 - 2021
- Figure 46:
- REVENUE SHARE OF SEALANTS BY MAJOR PLAYERS, %, MALAYSIA, 2021
Malaysia Sealants Industry Segmentation
Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.End User Industry | Aerospace |
Automotive | |
Building and Construction | |
Healthcare | |
Other End-user Industries | |
Resin | Acrylic |
Epoxy | |
Polyurethane | |
Silicone | |
Other Resins |
Market Definition
- End-user Industry - Building & Construction, Automotive, Aerospace, Healthcare, and Others are the end-user industries considered under the sealants market.
- Product - All sealant products are considered in the market studied
- Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Silicone, and Others are considered
- Technology - For the purpose of this study, One component and Two component sealant technologies are taken into consideration.
Keyword | Definition |
---|---|
Hot-melt Adhesive | Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed. |
Reactive Adhesive | A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
Solvent-borne Adhesive | Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers). |
Water-borne Adhesive | Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent. |
UV Cured Adhesive | UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives. |
Heat-resistant Adhesive | Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage. |
Reshoring | Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this. |
Oleochemicals | Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats. |
Nonporous Materials | Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow. |
EU-Vietnam Free Trade Agreement | A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019. |
VOC content | Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants. |
Emulsion Polymerization | Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product. |
2025 National Packaging Targets | In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025. |
Russian Government’s Import Substitution Policy | The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015. |
Paper Substrate | Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered. |
Insulation Material | A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils. |
Thermal Shock | A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms