South Africa Sealants Market Size

The South Africa sealants market is experiencing growth driven by its significant role in the construction industry, where sealants are essential for various applications such as waterproofing and joint sealing. Despite challenges posed by the COVID-19 pandemic, the market is supported by the expanding electronics sector, which utilizes sealants for protecting and potting components. Additionally, the healthcare and automotive industries are contributing to the market's expansion due to their increasing demand for sealants in medical devices and vehicle manufacturing. This growth trajectory reflects the diverse applications and essential nature of sealants across multiple sectors in South Africa.

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Market Size of south africa sealants Industry

South Africa Sealants Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 55.56 Million
svg icon Market Size (2028) USD 65.87 Million
svg icon Largest Share by End User Industry Building and Construction
svg icon CAGR (2024 - 2028) 4.35 %
svg icon Fastest Growing by End User Industry Aerospace

Major Players

South Africa Sealants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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South Africa Sealants Market Analysis

The South Africa Sealants Market size is estimated at 55.56 million USD in 2024, and is expected to reach 65.87 million USD by 2028, growing at a CAGR of 4.35% during the forecast period (2024-2028).

55.56 Million

Market Size in 2024 (USD)

65.87 Million

Market Size in 2028 (USD)

2.64 %

CAGR (2017-2023)

4.35 %

CAGR (2024-2028)

Largest Market by End-user Industry

31.75 %

value share, Building and Construction, 2023

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In South Africa, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing and heat insulation.

Fastest Growing Market by End-user Industry

6.32 %

Projected CAGR, Aerospace, 2024-2028

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The aerospace industry is forecast to witness the fastest growth in the market owing to the rapid expansion of general aviation in the domestic market.

Largest Market by Resin

45.85 %

value share, Silicone, 2023

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Silicone sealant is the major resin-based sealant as it accounts for the largest application share in the building and construction industry for both interior and exterior uses.

Fastest Growing Market by Resin

4.73 %

Projected CAGR, Polyurethane, 2024-2028

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Due to its excellent tear and abrasion resistance and wide usage in the building and construction end-user industry, polyurethane sealant is likely to be the fastest-growing sealant in the country.

Leading Market Player

11.37 %

market share, Soudal Holding N.V., 2021

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Soudal Holding NV has been witnessing increasing volume sales in South Africa due to the popularity of its products mostly in the building and construction industry.

Robust growth of construction industry to boost the overall demand

  • The construction industry dominates the South African sealants market due to 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 country’s economy. However, construction activities decreased by 36.6% in 2020 due to the COVID-19 pandemic-related restrictions and scarcity of raw materials.
  • The other end-user industries segment comprises electronics and electrical components, locomotive and marine, and DIY, of which the electronics industry holds the largest share due to the diverse applications of sealants 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 information technology, along with the strong market positioning of the consumer electronics segment, is expected to propel the electronics industry and gradually boost the South African sealants market.
  • Sealants have numerous applications in the healthcare and automotive industries, and South Africa has registered significant growth in these sectors over the last few years. Sealants are used in healthcare primarily for assembling and sealing medical device parts. The automotive industry also exhibits significant applicability of sealants to various substrates such as glass, metal, plastic, and painted surfaces. Rapidly growing domestic demand for better healthcare facilities and increasing investments in these sectors are expected to influence the demand for sealants over the forecast period.
South Africa Sealants Market

South Africa 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 construction industry dominates the South African sealants market due to 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 country’s economy. However, construction activities decreased by 36.6% in 2020 due to the COVID-19 pandemic-related restrictions and scarcity of raw materials.
  • The other end-user industries segment comprises electronics and electrical components, locomotive and marine, and DIY, of which the electronics industry holds the largest share due to the diverse applications of sealants 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 information technology, along with the strong market positioning of the consumer electronics segment, is expected to propel the electronics industry and gradually boost the South African sealants market.
  • Sealants have numerous applications in the healthcare and automotive industries, and South Africa has registered significant growth in these sectors over the last few years. Sealants are used in healthcare primarily for assembling and sealing medical device parts. The automotive industry also exhibits significant applicability of sealants to various substrates such as glass, metal, plastic, and painted surfaces. Rapidly growing domestic demand for better healthcare facilities and increasing investments in these sectors are expected to influence the demand for sealants over the forecast period.
End User Industry
Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin
Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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South Africa Sealants Market Size Summary

The South Africa sealants market is poised for growth, driven primarily by the construction industry, which utilizes sealants for various applications such as waterproofing, weather-sealing, and joint sealing. The construction sector's significance to the national economy is underscored by its recovery trajectory following the setbacks experienced during the COVID-19 pandemic. This recovery is supported by government initiatives aimed at infrastructure development and the increasing demand for construction amenities due to population growth. Additionally, the adoption of energy-efficient building practices, as promoted by the Green Building Council of South Africa, is expected to further stimulate demand for sealants. The market is also influenced by the electronics industry, which leverages sealants for potting and protecting components, and the automotive sector, where sealants are used in various applications across different substrates.

The South African sealants market is characterized by its fragmentation, with major players like Arkema Group, Dow, Henkel AG & Co. KGaA, Sika AG, and Soudal Holding N.V. holding significant market shares. The automotive industry, despite challenges posed by the pandemic, remains a critical sector for sealant applications, particularly with the shift towards electric vehicles to mitigate environmental impacts. The healthcare industry also presents growth opportunities for sealants, used in assembling and sealing medical devices. As these sectors continue to expand, driven by domestic demand and technological advancements, the sealants market in South Africa is expected to experience steady growth over the forecast period.

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South Africa Sealants Market Size - Table of Contents

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

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Healthcare

      5. 1.1.5 Other End-user Industries

    2. 1.2 Resin

      1. 1.2.1 Acrylic

      2. 1.2.2 Epoxy

      3. 1.2.3 Polyurethane

      4. 1.2.4 Silicone

      5. 1.2.5 Other Resins

South Africa Sealants Market Size FAQs

The South Africa Sealants Market size is expected to reach USD 55.56 million in 2024 and grow at a CAGR of 4.35% to reach USD 65.87 million by 2028.

In 2024, the South Africa Sealants Market size is expected to reach USD 55.56 million.

South Africa Sealants Market Report Snapshots

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