Market Size of china sealants Industry
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 3.14 Billion |
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Market Size (2028) | USD 4.06 Billion |
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Largest Share by End User Industry | Building and Construction |
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CAGR (2024 - 2028) | 6.58 % |
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Fastest Growing by End User Industry | Automotive |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
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).
3.14 Billion
Market Size in 2024 (USD)
4.06 Billion
Market Size in 2028 (USD)
5.02 %
CAGR (2017-2023)
6.58 %
CAGR (2024-2028)
Largest Market by End-user Industry
67.64 %
value share, Building and Construction, 2023
In China, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, insulation, curtain wall, glazing, and others.
Fastest Growing Market by End-user Industry
8.05 %
Projected CAGR, Automotive, 2024-2028
The automotive industry is the fastest-growing end-user segment in the market, owing to the rising demand for lightweight and high-impact resistance components to substitute traditional metal joints and fasteners.
Largest Market by Resin
42.87 %
value share, Silicone, 2023
Silicone sealant is the major resin-based sealant owing to its largest application share in the building and construction industry for both interior and exterior applications.
Fastest Growing Market by Resin
7.03 %
Projected CAGR, Polyurethane, 2024-2028
Due to its excellent tear and abrasion resistance and wide usage in building and construction and automotive end user, polyurethane sealant is likely to witness the fastest growth.
Leading Market Player
9.91 %
market share, Chengdu Guibao Science and Technology Co., Ltd., Ltd.
Chengdu Guibao Science and Technology has been witnessing the highest volume of sales due to its outstanding product performance and strong domestic presence, mostly in the building and construction industry.
Construction sealants to boost the sealants, owing to waterproofing, cracks-sealing, and joint-sealing applications
- The China sealants market is majorly driven by the construction industry, followed by other end-user industries due to diverse applications of sealants in building and construction activities, such as waterproofing, cracks-sealing, and joint-sealing. Moreover, construction sealants are designed for longevity and ease of application on different substrates. The construction sector achieved a GDP of 6.9% in 2020 despite supply chain disruption and production suspension due to COVID-19 impacts.
- A variety of sealants are used in electrical equipment manufacturing for potting and protecting applications. They are used for sealing sensors and cables, etc. The Chinese electronics market registered a market share of 41% globally in 2020 and is likely to have sustainable growth in the upcoming years due to the extensive presence of the manufacturing ecosystem with a huge labor force. This, in terms, will foster the demand for sealants in the other end-user segment. Moreover, China has a massive production capacity for locomotive and marine industries in the world, boosting the demand for required sealants.
- Sealants have diverse applications in the healthcare and automotive industries. Sealants are used in healthcare applications such as assembling and sealing medical device parts. The automotive industry exhibits significant applicability of sealants to various substrates, mostly used for engines and car gaskets. China registered promising growth in these sectors, specifically in automotive, in recent times and is likely to continue in the upcoming years, which will augment the demand for sealants by 2028.
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.
- The China sealants market is majorly driven by the construction industry, followed by other end-user industries due to diverse applications of sealants in building and construction activities, such as waterproofing, cracks-sealing, and joint-sealing. Moreover, construction sealants are designed for longevity and ease of application on different substrates. The construction sector achieved a GDP of 6.9% in 2020 despite supply chain disruption and production suspension due to COVID-19 impacts.
- A variety of sealants are used in electrical equipment manufacturing for potting and protecting applications. They are used for sealing sensors and cables, etc. The Chinese electronics market registered a market share of 41% globally in 2020 and is likely to have sustainable growth in the upcoming years due to the extensive presence of the manufacturing ecosystem with a huge labor force. This, in terms, will foster the demand for sealants in the other end-user segment. Moreover, China has a massive production capacity for locomotive and marine industries in the world, boosting the demand for required sealants.
- Sealants have diverse applications in the healthcare and automotive industries. Sealants are used in healthcare applications such as assembling and sealing medical device parts. The automotive industry exhibits significant applicability of sealants to various substrates, mostly used for engines and car gaskets. China registered promising growth in these sectors, specifically in automotive, in recent times and is likely to continue in the upcoming years, which will augment the demand for sealants by 2028.
| End User Industry | |
| Aerospace | |
| Automotive | |
| Building and Construction | |
| Healthcare | |
| Other End-user Industries |
| Resin | |
| Acrylic | |
| Epoxy | |
| Polyurethane | |
| Silicone | |
| Other Resins |
China Sealants Market Size Summary
The China sealants market is experiencing significant growth, primarily driven by the robust expansion of the construction industry. Sealants are extensively used in building and construction activities for applications such as waterproofing, crack sealing, and joint sealing, which are essential for ensuring the durability and functionality of structures. The construction sector's resilience, demonstrated by its ability to maintain growth despite challenges like supply chain disruptions during the COVID-19 pandemic, underscores the demand for sealants. Additionally, the electronics industry, with its substantial global market share, further propels the demand for sealants due to their critical role in protecting and potting electrical components. The automotive and healthcare sectors also contribute to the market's expansion, with sealants being integral to manufacturing processes and product assembly.
China's ongoing urbanization and economic growth are key factors fueling the demand for sealants. The country's ambitious urbanization targets and the resulting increase in residential and commercial construction activities are expected to significantly boost the market. The automotive industry, being the largest globally, also plays a crucial role in the market's growth, with the production of electric vehicles and traditional vehicles driving the need for sealants. The fragmented nature of the market, with major players like 3M and Sika AG, indicates a competitive landscape with ongoing investments and strategic acquisitions aimed at enhancing production capabilities and market presence. These developments, coupled with government policies supporting electric vehicle adoption, are set to sustain the market's growth trajectory in the coming years.
China Sealants Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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1.1 End User Industry
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1.1.1 Aerospace
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1.1.2 Automotive
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1.1.3 Building and Construction
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1.1.4 Healthcare
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1.1.5 Other End-user Industries
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1.2 Resin
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1.2.1 Acrylic
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1.2.2 Epoxy
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1.2.3 Polyurethane
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1.2.4 Silicone
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1.2.5 Other Resins
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China Sealants Market Size FAQs
How big is the China Sealants Market?
The China Sealants Market size is expected to reach USD 3.14 billion in 2024 and grow at a CAGR of 6.58% to reach USD 4.06 billion by 2028.
What is the current China Sealants Market size?
In 2024, the China Sealants Market size is expected to reach USD 3.14 billion.
