Malaysia Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The Malaysia Sealants Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Healthcare) and by Resin (Acrylic, Epoxy, Polyurethane, Silicone). Market Value in USD and Volume in tons are both presented. Key Data Points observed include the volume of automobile production, plastic and paper and paperboard packaging production, new construction floor area, aircraft production and deliveries.

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Malaysia Sealants Market Size

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Malaysia Sealants Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 57.78 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2028) USD 69.22 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Building and Construction
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2028) 4.62 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User Industry Aerospace

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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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).

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57.78 Million

Market Size in 2024 (USD)

69.22 Million

Market Size in 2028 (USD)

3.46 %

CAGR (2017-2023)

4.62 %

CAGR (2024-2028)

Largest Market by End-user Industry

45.31 %

value share, Building and Construction, 2023

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In Malaysia, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, weatherproofing, curtain wall, glazing, and façade.

Fastest Growing Market by End-user Industry

7.11 %

Projected CAGR, Aerospace, 2024-2028

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The aerospace industry is expected to be the fastest-growing end-user industry segment in the market owing to the rapid expansion of general aviation in the domestic market.

Largest Market by Resin

43.82 %

value share, Silicone, 2023

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Silicone sealant is the largest resin-based sealant segment owing to its largest application share in the building and construction industry for both interior and exterior applications.

Fastest Growing Market by Resin

4.69 %

Projected CAGR, Polyurethane, 2024-2028

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Owing to their wide applications in building construction and automotive industries, specifically for exterior applications, polyurethane resin is expected to witness the fastest growth over the coming years.

Leading Market Player

23 %

market share, Sika AG, 2021

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Sika AG has been witnessing increasing volume sales in Malaysia owing to the popularity of its products mostly in the building and construction industry.

Malaysia's growing emergence as an outsourcing destination and medical device manufacturing hub to substantially boost the sealants demand

  • The Malaysian sealants market is primarily driven by the construction industry, followed by the other end-user industries segment due to the diverse applications of sealants in building and construction activities, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. Construction sealants are designed for longevity and ease of application on different substrates. The construction industry plays a vital role in the Malaysian economy. However, construction activities decreased in 2020 due to the COVID-19 pandemic-induced restrictions and scarcity of raw materials, which was restored in 2021, thus, boosting the sealants demand across the country.
  • Sealants have considerable applications in the healthcare industry and are primarily used for assembling and sealing medical device parts. Medical-grade sealants have unique applicability to various substrates, such as glass, metal, plastic, painted surfaces, etc., and significant features such as weather-proofing, heat resistance, and anti-aging are likely to boost the demand for sealants. Malaysia is emerging as an outsourcing destination and medical device manufacturing hub for manufacturers in the Southeast Asian region. This, in turn, is expected to boost the sealants demand in the country over the forecast period.
  • The other end-user industries segment is likely to obtain a decent share in the Malaysian sealants market owing to the diverse applications in the electronics and electrical equipment manufacturing industry for potting and protecting materials. They are used for sealing sensors and cables, etc. Moreover, the rapid growth of e-commerce activities, along with the strong market positioning of the consumer electronics segment, is likely to propel the Malaysian sealants market.
Malaysia Sealants Market

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.
Malaysia Sealants Market

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.
Malaysia Sealants Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • The rise in investments will support a long-term development strategy for the Malaysian aerospace industry

Malaysia Sealants Industry Overview

The Malaysia Sealants Market is moderately consolidated, with the top five companies occupying 45.69%. The major players in this market are 3M, Henkel AG & Co. KGaA, Mohm Chemical Sdn. Bhd., Sika AG and VITAL TECHNICAL SDN BHD (sorted alphabetically).

Malaysia Sealants Market Leaders

  1. 3M

  2. Henkel AG & Co. KGaA

  3. Mohm Chemical Sdn. Bhd.

  4. Sika AG

  5. VITAL TECHNICAL SDN BHD

Malaysia Sealants Market Concentration

Other important companies include Arkema Group, Dow, Illinois Tool Works Inc., Soudal Holding N.V., Wacker Chemie AG.

*Disclaimer: Major Players sorted in alphabetical order.

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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
Malaysia Sealants Market
Malaysia Sealants Market
Malaysia Sealants Market

Malaysia Sealants Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

    2. 2.2. Regulatory Framework

      1. 2.2.1. Malaysia

    3. 2.3. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Healthcare

      5. 3.1.5. Other End-user Industries

    2. 3.2. Resin

      1. 3.2.1. Acrylic

      2. 3.2.2. Epoxy

      3. 3.2.3. Polyurethane

      4. 3.2.4. Silicone

      5. 3.2.5. Other Resins

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. 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).

      1. 4.4.1. 3M

      2. 4.4.2. Arkema Group

      3. 4.4.3. Dow

      4. 4.4.4. Henkel AG & Co. KGaA

      5. 4.4.5. Illinois Tool Works Inc.

      6. 4.4.6. Mohm Chemical Sdn. Bhd.

      7. 4.4.7. Sika AG

      8. 4.4.8. Soudal Holding N.V.

      9. 4.4.9. VITAL TECHNICAL SDN BHD

      10. 4.4.10. Wacker Chemie AG

  7. 5. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Adhesives and Sealants Industry Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Drivers, Restraints, and Opportunities

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. VOLUME OF AIRCRAFTS DELIVERED, UNITS, MALAYSIA, 2017-2028
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, MALAYSIA, 2017-2028
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, MALAYSIA, 2017-2028
  1. Figure 4:  
  2. VOLUME OF SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 5:  
  2. VALUE OF SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 6:  
  2. VOLUME OF SEALANTS CONSUMED BY END USER INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 7:  
  2. VALUE OF SEALANTS CONSUMED BY END USER INDUSTRY, USD, MALAYSIA, 2017 - 2028
  1. Figure 8:  
  2. VOLUME SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2016 VS 2022 VS 2028
  1. Figure 9:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2016 VS 2022 VS 2028
  1. Figure 10:  
  2. VOLUME OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 11:  
  2. VALUE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, USD, MALAYSIA, 2017 - 2028
  1. Figure 12:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
  1. Figure 13:  
  2. VOLUME OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 14:  
  2. VALUE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, MALAYSIA, 2017 - 2028
  1. Figure 15:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
  1. Figure 16:  
  2. VOLUME OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 17:  
  2. VALUE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, MALAYSIA, 2017 - 2028
  1. Figure 18:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
  1. Figure 19:  
  2. VOLUME OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 20:  
  2. VALUE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, USD, MALAYSIA, 2017 - 2028
  1. Figure 21:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
  1. Figure 22:  
  2. VOLUME OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 23:  
  2. VALUE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, MALAYSIA, 2017 - 2028
  1. Figure 24:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN, %, MALAYSIA, 2021 VS 2028
  1. Figure 25:  
  2. VOLUME OF SEALANTS CONSUMED BY RESIN, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 26:  
  2. VALUE OF SEALANTS CONSUMED BY RESIN, USD, MALAYSIA, 2017 - 2028
  1. Figure 27:  
  2. VOLUME SHARE OF SEALANTS CONSUMED BY RESIN, %, MALAYSIA, 2016 VS 2022 VS 2028
  1. Figure 28:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY RESIN, %, MALAYSIA, 2016 VS 2022 VS 2028
  1. Figure 29:  
  2. VOLUME OF ACRYLIC SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 30:  
  2. VALUE OF ACRYLIC SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 31:  
  2. VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
  1. Figure 32:  
  2. VOLUME OF EPOXY SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 33:  
  2. VALUE OF EPOXY SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 34:  
  2. VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
  1. Figure 35:  
  2. VOLUME OF POLYURETHANE SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 36:  
  2. VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 37:  
  2. VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
  1. Figure 38:  
  2. VOLUME OF SILICONE SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 39:  
  2. VALUE OF SILICONE SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 40:  
  2. VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
  1. Figure 41:  
  2. VOLUME OF OTHER RESINS SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 42:  
  2. VALUE OF OTHER RESINS SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 43:  
  2. VALUE SHARE OF OTHER RESINS SEALANTS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
  1. Figure 44:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, MALAYSIA, 2019 - 2021
  1. Figure 45:  
  2. MOST ADOPTED STRATEGIES, COUNT, MALAYSIA, 2019 - 2021
  1. Figure 46:  
  2. 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.

  • The Malaysian sealants market is primarily driven by the construction industry, followed by the other end-user industries segment due to the diverse applications of sealants in building and construction activities, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. Construction sealants are designed for longevity and ease of application on different substrates. The construction industry plays a vital role in the Malaysian economy. However, construction activities decreased in 2020 due to the COVID-19 pandemic-induced restrictions and scarcity of raw materials, which was restored in 2021, thus, boosting the sealants demand across the country.
  • Sealants have considerable applications in the healthcare industry and are primarily used for assembling and sealing medical device parts. Medical-grade sealants have unique applicability to various substrates, such as glass, metal, plastic, painted surfaces, etc., and significant features such as weather-proofing, heat resistance, and anti-aging are likely to boost the demand for sealants. Malaysia is emerging as an outsourcing destination and medical device manufacturing hub for manufacturers in the Southeast Asian region. This, in turn, is expected to boost the sealants demand in the country over the forecast period.
  • The other end-user industries segment is likely to obtain a decent share in the Malaysian sealants market owing to the diverse applications in the electronics and electrical equipment manufacturing industry for potting and protecting materials. They are used for sealing sensors and cables, etc. Moreover, the rapid growth of e-commerce activities, along with the strong market positioning of the consumer electronics segment, is likely to propel the Malaysian sealants market.
End User Industry
Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin
Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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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.
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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.
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Malaysia Sealants Market Research FAQs

The Malaysia Sealants Market size is expected to reach USD 57.78 million in 2024 and grow at a CAGR of 4.62% to reach USD 69.22 million by 2028.

In 2024, the Malaysia Sealants Market size is expected to reach USD 57.78 million.

3M, Henkel AG & Co. KGaA, Mohm Chemical Sdn. Bhd., Sika AG and VITAL TECHNICAL SDN BHD are the major companies operating in the Malaysia Sealants Market.

In the Malaysia Sealants Market, the Building and Construction segment accounts for the largest share by end user industry.

In 2024, the Aerospace segment accounts for the fastest growing by end user industry in the Malaysia Sealants Market.

In 2023, the Malaysia Sealants Market size was estimated at 57.78 million. The report covers the Malaysia Sealants Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Malaysia Sealants Market size for years: 2024, 2025, 2026, 2027 and 2028.

Malaysia Sealants Industry Report

Statistics for the 2023 Malaysia Sealants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Malaysia Sealants analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Malaysia Sealants Market Report Snapshots

Malaysia Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028