China Sealants Market Analysis
The China Sealants Market size is estimated at 3.14 billion USD in 2024, and is expected to reach 4.06 billion USD by 2028, growing at a CAGR of 6.58% during the forecast period (2024-2028).
China's electronics manufacturing sector continues to demonstrate remarkable strength, maintaining its position as a global leader with a 41% market share worldwide. This dominance is reinforced by the country's extensive manufacturing ecosystem, advanced technological capabilities, and skilled workforce. The electronics sector's robust growth has created substantial opportunities for specialized electronic sealants applications in electronic components, circuit boards, and consumer devices. The integration of smart manufacturing practices and Industry 4.0 technologies has further elevated the demand for high-performance sealant solutions that can meet precise specifications and quality standards.
The nation's ambitious urbanization initiatives are reshaping the industrial landscape, with strategic targets aimed at achieving a 70% urbanization rate by 2030. This transformation is driving unprecedented infrastructure development, with projections indicating construction spending of approximately USD 13 trillion by 2030. The government's emphasis on sustainable and efficient construction methods is evident in its commitment to prefabricated building developments, targeting 30% of new building output through prefabrication by 2025. These developments are creating new opportunities for advanced building sealants technologies that can meet the specific requirements of modern construction methods.
The healthcare sector is experiencing significant expansion, with projections indicating market value reaching USD 1.7 trillion by 2023. This growth is complemented by the medical technology segment, which is advancing at a CAGR of 8.12% (2022-2027). The sector's evolution has sparked increased demand for specialized medical sealants used in equipment manufacturing, device assembly, and healthcare facility construction. The industry's focus on innovation and quality improvement has led to the development of new sealant formulations that meet stringent medical standards and regulatory requirements.
China's manufacturing ecosystem continues to evolve through technological advancement and innovation initiatives. The establishment of new research and development centers, such as Henkel's Innovation Center in Shanghai, demonstrates the industry's commitment to developing next-generation sealant solutions. The integration of sustainable practices and environmental considerations has become increasingly prominent, with manufacturers focusing on developing eco-friendly formulations and reducing volatile organic compound emissions. This transformation is supported by comprehensive regulatory frameworks and industry standards that ensure product quality and environmental compliance while fostering innovation in adhesives and sealants technologies.
China Sealants Market Trends
Housing, hospitals, and healthcare facilities schemes by the Chinese government to lead the construction in the country
- China has been majorly driven by the ample developments in the residential and commercial construction sectors and supported by the growing economy. China is promoting and undergoing a process of continuous urbanization, with a target rate of 70% for 2030. The increased living spaces required in the urban areas resulting from urbanization and the desire of middle-class urban residents to improve their living conditions may have a profound effect on the housing market and thereby increase the residential construction in the country.
- Non-residential infrastructure is likely to expand significantly. The country's aging population necessitates the construction of additional healthcare facilities and hospitals. The Chinese government approved 26 infrastructure projects worth approximately USD 142 billion in 2019, with completion due in 2023. The country boasts the world's largest construction market, accounting for 20% of all worldwide construction investments.
- In China, the housing authorities of Hong Kong launched several measures to push start the construction of low-cost housing. The officials aim to provide 301,000 public housing units by 2030. The rising household income levels, combined with the population migrating from rural to urban areas, are expected to continue to drive the demand for the residential construction sector in the country. By 2030, the country is estimated to spend over USD 13 trillion on construction. Thus, the construction market is expected to register a 4.48% CAGR during the forecast period (2022-2028).
Owing to government policies, EVs demand in China is rising and is likely to propel the automotive production
- China's automotive market for passenger vehicles is the largest in the world, as it accounted for 21.41 million units in 2021 compared to other major global players such as Japan, the United States, and Germany. This number is expected to grow at the same pace because of the increasing production capacity of automotive companies post-pandemic in China, as BYD, which is a local electric vehicle manufacturer in China, holds 8.84% of total electric vehicle production in the world.
- China, being the epicenter of the COVID-19 pandemic, witnessed huge losses in the automotive industry in 2020 as it led to nationwide lockdowns, supply chain disruptions, lack of human resources availability, etc. This was the reason for the negative Y-o-Y growth rate in China in 2020.
- The Chinese government's policies for electric vehicle owners, such as time-limited purchase subsidies, traffic regulations waivers, and charging rebates for EV owners, have encouraged the sale and demand for EVs in China. The sales of electric vehicles are expected to reach 7,526 thousand in 2027. EV production in China increased from 1 million units in 2019 to 3.5 million units in 2021, and it is expected to record a 15.07% CAGR in the forecast period (2022-2028).
- Shanghai Automotive Industry Corporation is China's largest automotive company in terms of production. The growth in the number of both passenger and commercial vehicles manufactured by SAIC is significant, as it increased from nearly 2 million units in 2019 to 7 million units in 2021. This growth trend shows that the Chinese automotive market is expected to grow steadily during the forecast period.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Growing general aviation opportunities to boost the aerospace industry
Segment Analysis: End User Industry
Building & Construction Segment in China Sealants Market
The building and construction segment dominates the China sealants market, accounting for approximately 71% of the total market volume in 2024. This substantial market share is driven by the extensive application of silicone sealants in various construction activities, including waterproofing, crack-sealing, and joint-sealing operations. The segment's dominance is further strengthened by China's position as the world's largest construction market, accounting for about 20% of global construction investments. The country's ongoing urbanization initiatives and infrastructure development projects, including the construction of healthcare facilities and commercial buildings, continue to drive demand for construction sealants. Additionally, the housing authorities' focus on developing low-cost housing units and the government's emphasis on sustainable construction practices have created sustained demand for high-performance sealants in the building sector.
Automotive Segment in China Sealants Market
The automotive segment is emerging as the fastest-growing sector in the China sealants market, driven by the country's position as the world's largest automotive manufacturer. The segment's growth is primarily fueled by the increasing adoption of lightweight materials in vehicle manufacturing, where polyurethane sealants are replacing traditional mechanical fasteners and welding joints. The rapid expansion of electric vehicle production in China, coupled with the government's supportive policies for EV manufacturers, is creating additional demand for specialized automotive sealants. Furthermore, the automotive industry's focus on improving vehicle efficiency and reducing emissions has led to increased usage of advanced sealant solutions in various applications, from body assembly to powertrain components. The segment is also benefiting from technological advancements in sealant formulations that offer improved durability and performance characteristics specifically designed for automotive applications.
Remaining Segments in End User Industry
The aerospace, healthcare, and other industrial segments collectively contribute to the diverse application landscape of the China sealants market. The aerospace sector, though smaller in volume, demands high-performance aerospace sealants for critical applications in aircraft manufacturing and maintenance operations. The healthcare segment utilizes specialized sealants in medical device assembly and various healthcare infrastructure applications, driven by the expansion of healthcare facilities across the country. Other industrial applications encompass diverse sectors such as electronics manufacturing, energy infrastructure, and marine applications, each requiring specific sealant formulations tailored to their unique requirements. These segments continue to evolve with technological advancements and changing industry requirements, contributing to the overall market dynamics.
Segment Analysis: Resin
Silicone Segment in China Sealants Market
The silicone sealants segment dominates the China sealants market, commanding approximately 43% of the total market value in 2024. This significant market share can be attributed to silicone sealants' superior versatility and performance characteristics across various applications. Silicone sealants are particularly favored in the construction and automotive industries due to their exceptional temperature resistance ranging from 4°C to 315°C, making them ideal for extreme environmental conditions. These sealants demonstrate remarkable compatibility with both porous and non-porous surfaces, including glass, ceramic, plastic, composites, metals, alloys, and wood, which significantly contributes to their widespread adoption. The segment's dominance is further strengthened by silicone sealants' non-toxic nature, chemical inertness, and ability to maintain elasticity and stability under various conditions, including vibrations and shock.
Polyurethane Segment in China Sealants Market
The polyurethane sealants segment is emerging as the fastest-growing segment in the China sealants market, projected to grow at approximately 7% during 2024-2029. This robust growth is primarily driven by polyurethane sealants' superior mechanical strength and adhesion properties, particularly in automotive and construction applications. The segment's growth is further propelled by the increasing demand for high-performance sealants in automotive manufacturing, where these sealants excel in sealing, potting, and encapsulation applications. Polyurethane sealants' rapid curing rate of 4mm per 24 hours, combined with excellent chemical resistance and cold resistance properties, makes them particularly attractive for industrial applications. The segment's expansion is also supported by their extensive use in sealing floor joints, curtain wall joints, and concrete prefabricated panels in the construction sector.
Remaining Segments in Resin Segmentation
The remaining segments in the China sealants market include acrylic sealants, epoxy sealants, and other resin-based sealants, each serving specific market niches with their unique properties. Acrylic sealants are valued for their quick-drying properties and compatibility with various materials, making them particularly suitable for general construction applications. Epoxy sealants stand out for their high strength and low shrinkage during curing, offering excellent chemical resistance and electrical insulation properties. Other resin-based sealants, including rubber-based, polyester, and polysulfide variants, cater to specialized applications where specific performance characteristics are required, such as high movement capability and service elongation in construction joints. Additionally, elastomeric sealants and marine sealants are gaining traction in niche markets for their durability and adaptability in challenging environments.
China Sealants Industry Overview
Top Companies in China Sealants Market
The China sealants market features both domestic and international players actively pursuing growth through various strategic initiatives. Companies are heavily focused on product innovation, particularly in developing sustainable and high-performance sealants for construction and automotive applications. Operational agility is demonstrated through continuous expansion of production capacities and strengthening of distribution networks across the country. Strategic moves include significant investments in research and development facilities, particularly in innovation centers focused on customized solutions. Market leaders are expanding their presence through acquisitions of local manufacturers, while also establishing partnerships to penetrate new market segments and geographical regions within China. The emphasis on technological advancement and sustainable product development remains a key trend across major players.
Fragmented Market with Strong Local Presence
The Chinese sealants market exhibits a highly fragmented structure with a mix of domestic manufacturers and global conglomerates. Local players like Chengdu Guibao Science and Technology and Guangzhou Jointas Chemical dominate the market through their extensive distribution networks and strong regional presence. International companies such as Henkel, Sika AG, and 3M maintain significant market positions through their technological expertise and broad product portfolios. The market shows a balanced competition between specialized silicone sealant manufacturers in China and diversified chemical companies, with each leveraging their unique strengths in different application segments.
Merger and acquisition activities in the market are primarily driven by international players seeking to strengthen their foothold in China through acquisitions of local manufacturers. Companies are increasingly focusing on vertical integration strategies to ensure supply chain stability and cost optimization. The market structure encourages healthy competition, with both domestic and international players continuously investing in capacity expansion and product development to maintain their competitive edge. Regional players are gradually expanding their presence through strategic partnerships and joint ventures with global companies.
Innovation and Sustainability Drive Future Success
Success in the Chinese adhesives and sealants market increasingly depends on developing innovative products that meet evolving industry requirements while adhering to environmental regulations. Companies need to focus on building strong research and development capabilities to create specialized solutions for high-growth sectors like electric vehicles and sustainable construction. Market players must establish robust distribution networks and maintain close relationships with key end-users in the construction and automotive sectors. The ability to offer customized solutions and technical support services will become increasingly important for maintaining market position.
Future growth opportunities lie in developing eco-friendly products and establishing strong local manufacturing presence to ensure competitive pricing and reliable supply. Companies need to invest in digital technologies for improved customer service and operational efficiency. Building strong relationships with raw material suppliers will be crucial for maintaining cost competitiveness and ensuring consistent product quality. Market players must also prepare for potential regulatory changes regarding environmental protection and product safety standards. Success will depend on the ability to balance innovation with cost-effectiveness while maintaining high product quality standards. The role of industrial sealants in these developments is pivotal, as they offer high durability and performance in demanding applications.
China Sealants Market Leaders
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3M
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Chengdu Guibao Science and Technology Co., Ltd.
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Guangzhou Baiyun Chemical Industry Co.,ltd.
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Guangzhou Jointas Chemical Co.,Ltd.
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Sika AG
- *Disclaimer: Major Players sorted in no particular order
China Sealants Market News
- May 2021: Henkel announced an investment of EUR 60 million to construct a new innovation center for its Adhesive Technologies unit in Shanghai to strengthen its footprint in China.
- April 2021: Sika AG signed an agreement to acquire The Yokohama Rubber Co. Ltd's adhesives division, Hamatite, based in Japan. Hamatite offers polyurethanes, hot melts, and modified silicones technology adhesives and sealants for the automotive and construction industries.
- January 2021: The company announced the expansion of its silicone sealants’ production capacity with the construction of a project to alleviate the pressure on its current capacity.
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.
List of Tables & Figures
- Figure 1:
- VOLUME OF AIRCRAFTS DELIVERED, UNITS, CHINA, 2017-2028
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, CHINA, 2017-2028
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, CHINA, 2017-2028
- Figure 4:
- VOLUME OF SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 5:
- VALUE OF SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 6:
- VOLUME OF SEALANTS CONSUMED BY END USER INDUSTRY, KILOGRAM, CHINA, 2017 - 2028
- Figure 7:
- VALUE OF SEALANTS CONSUMED BY END USER INDUSTRY, USD, CHINA, 2017 - 2028
- Figure 8:
- VOLUME SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2016 VS 2022 VS 2028
- Figure 9:
- VALUE SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2016 VS 2022 VS 2028
- Figure 10:
- VOLUME OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, CHINA, 2017 - 2028
- Figure 11:
- VALUE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, USD, CHINA, 2017 - 2028
- Figure 12:
- VALUE SHARE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY BY RESIN, %, CHINA, 2021 VS 2028
- Figure 13:
- VOLUME OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, CHINA, 2017 - 2028
- Figure 14:
- VALUE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, CHINA, 2017 - 2028
- Figure 15:
- VALUE SHARE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN, %, CHINA, 2021 VS 2028
- Figure 16:
- VOLUME OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, CHINA, 2017 - 2028
- Figure 17:
- VALUE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, CHINA, 2017 - 2028
- Figure 18:
- VALUE SHARE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN, %, CHINA, 2021 VS 2028
- Figure 19:
- VOLUME OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, CHINA, 2017 - 2028
- Figure 20:
- VALUE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, USD, CHINA, 2017 - 2028
- Figure 21:
- VALUE SHARE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY BY RESIN, %, CHINA, 2021 VS 2028
- Figure 22:
- VOLUME OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, CHINA, 2017 - 2028
- Figure 23:
- VALUE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, CHINA, 2017 - 2028
- Figure 24:
- VALUE SHARE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN, %, CHINA, 2021 VS 2028
- Figure 25:
- VOLUME OF SEALANTS CONSUMED BY RESIN, KILOGRAM, CHINA, 2017 - 2028
- Figure 26:
- VALUE OF SEALANTS CONSUMED BY RESIN, USD, CHINA, 2017 - 2028
- Figure 27:
- VOLUME SHARE OF SEALANTS CONSUMED BY RESIN, %, CHINA, 2016 VS 2022 VS 2028
- Figure 28:
- VALUE SHARE OF SEALANTS CONSUMED BY RESIN, %, CHINA, 2016 VS 2022 VS 2028
- Figure 29:
- VOLUME OF ACRYLIC SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 30:
- VALUE OF ACRYLIC SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 31:
- VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2021 VS 2028
- Figure 32:
- VOLUME OF EPOXY SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 33:
- VALUE OF EPOXY SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 34:
- VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2021 VS 2028
- Figure 35:
- VOLUME OF POLYURETHANE SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 36:
- VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 37:
- VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2021 VS 2028
- Figure 38:
- VOLUME OF SILICONE SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 39:
- VALUE OF SILICONE SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 40:
- VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2021 VS 2028
- Figure 41:
- VOLUME OF OTHER RESINS SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 42:
- VALUE OF OTHER RESINS SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 43:
- VALUE SHARE OF OTHER RESINS SEALANTS CONSUMED BY END USER INDUSTRY, %, CHINA, 2021 VS 2028
- Figure 44:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, CHINA, 2019 - 2021
- Figure 45:
- MOST ADOPTED STRATEGIES, COUNT, CHINA, 2019 - 2021
- Figure 46:
- REVENUE SHARE OF SEALANTS BY MAJOR PLAYERS, %, CHINA, 2021
China 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 |
Aerospace |
Automotive |
Building and Construction |
Healthcare |
Other End-user Industries |
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