The North America sealers market is expected to reach US$ 716.2 million by 2027, advancing at a CAGR of 4.9% from 2019 to 2027 (forecast period). Sealing coatings are substances that preserve driveways, pavements, racetracks, roadways, and other capital assets against the natural aging process caused by debris, water, ultraviolet radiation, chemical leaks, and other factors. In addition to providing long-lasting qualities, these coatings provide a clean, uniform appearance to the paved surface. Some of the primary benefits of sealing coatings include improved skid resistance, restored worn pavements, sealing small cracks or surface voids, preventing air or moisture infiltration, restoring a uniform cover, and reducing raveling.
The North America sealers market is anticipated to grow significantly over the forecast period, driven largely by demand for sealers used in driveways & parking lots and pavement & blocks. The rising use of acrylic sealers, which have additional benefits such as reduced volatile emissions, is projected to provide considerable development prospects in the future.
To gauge the scope of customization in our reports Ask for a Sample
Application-wise, the North America sealers market is segmented into pavement & blocks, driveway & parking lots, and others. Other applications of sealers include airports, race tracks, industrial constructions, and sports arenas.
In terms of volume, the driveways and parking lots segment led the North America sealers market in 2018, accounting for more than 80% of the market. Sealers are used to lessen the impacts of asphalt binders or other materials used in the construction of parking lots or driveways, therefore extending their lifespan. Sealers also add a layer of protection by preventing hazardous invasions such as water, oils, and UV ray damage. These coatings also provide a slip-resistant surface and are aesthetically beautiful due to their rich black finish, which lends a degree of grandeur to the parking lot or driveway. Moreover, pavements and blocks are expected to be the fastest-growing application segment of the North America sealers market during the forecast period.
Get an idea about the offerings of our report from Report Brochure
Based on product, the North America sealers market is segmented into bitumen & asphalt, acrylic, coal tar, and others. In 2018, the bitumen & asphalt segment dominated the North America sealers market. Rising prohibitions on coal tar-based sealers, enhanced performance of asphalt-based sealers, and competitive pricing tactics are projected to boost usage of bitumen and asphalt sealer in North America during the forecast period. Moreover, acrylic sealers are expected to grow rapidly over the forecast period, owing to their improved product quality and greater penetration in the decorative concrete segment.
Looking for Regional Analysis or Competitive Landscape in Sealers Market, ask for a customized report
The geographical segmentation of the North America sealers market consists of the United States, Canada, and Mexico. In terms of volume, the United States led the North America sealers market by contributing for more than 85% in 2018. The North America sealers market has seen a shift in demand away from coal tar sealers and toward bitumen and asphalt-based sealers. Increasing public awareness of PAH (polycyclic aromatic hydrocarbons) emissions from coal tar sealers have prompted numerous states to restrict the use of coal tar sealers. Several contractors and hardware stores throughout the country, including Home Depot, Lowe's, and Ace Hardware, have also stopped using and selling coal tar-based sealers.
Canada also has a sizable part of the North America sealers market. In the future, the country is projected to experience a steady increase in the use of bitumen & asphalt and coal tar sealers. Given that there are presently no laws or regulations prohibiting the use of coal tar sealers in Canada, the market is likely to increase steadily in the future years. The driveway and parking lot application segment drives demand for sealers in Canada, and the pavement and blocks segment are expected to develop significantly during the forecast period.
Notable players in the North America sealers market are Asphalt Coatings Engineering, Inc., Neyra Industries, Inc., Vance Brothers, Bonsal American, RaynGuard, The Brewer Company, Fahrner Asphalt Sealers LLC, SealMaster, and GemSeal Pavement Pro.
North America Sealers Market: Segmentation
This report on the North America sealers market provides segmentation of the market based on product, application, and country
|
Product |
|
|
Application |
|
|
Country |
|
In 2018, North America Sealers Market was valued at US$ 465.5 million
North America Sealers Market is expected to reach US$ 716.2 million by 2027
North America Sealers Market is estimated to rise at a CAGR of 4.9% during forecast period
North America Sealers Market Will Be Driven By Rising Demand For Construction And Composites Joints Activities
Key players of North America Sealers Market are Asphalt Coatings Engineering, Inc., Neyra Industries, Inc., Vance Brothers, Bonsal American, RaynGuard, The Brewer Company, Fahrner Asphalt Sealers LLC, SealMaster, and GemSeal Pavement Pro
1. Executive Summary: North America Sealers Market
2. Market Overview
2.1. Market Segmentation
2.2. Market Definitions
2.3. Market Trends
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Value Chain Analysis
2.7. Regulatory Landscape
3. North America Sealers Market Pricing Trend Analysis, 2018-2027
4. North America Sealers Market Analysis and Forecast, by Product
4.1. Key Findings
4.2. Market Definitions
4.3. North America Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Product, 2018–2027
4.3.1. Coal Tar
4.3.2. Acrylic
4.3.3. Bitumen & Asphalt
4.3.4. Others
4.4. North America Sealers Market Attractiveness Analysis, by Product
5. North America Sealers Market Analysis and Forecast, by Application
5.1. Key Findings
5.2. Market Definitions
5.3. North America Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Application, 2018–2027
5.3.1. Pavement & Blocks
5.3.2. Driveway & Parking Lots
5.3.3. Others
5.4. North America Sealers Market Attractiveness Analysis, by Application
6. North America Sealers Market Analysis and Forecast, by Country
6.1. North America Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Country, 2018–2027
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Sealers Market Attractiveness Analysis, by Country
7. U.S. Sealers Market Analysis and Forecast
7.1. Key Findings
7.2. U.S. Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Product, 2018–2027
7.3. U.S. Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Application, 2018–2027
8. Canada Sealers Market Analysis and Forecast
8.1. Key Findings
8.2. Canada Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Product, 2018–2027
8.3. Canada Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Application, 2018–2027
9. Mexico Sealers Market Analysis and Forecast
9.1. Key Findings
9.2. Mexico Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Product, 2018–2027
9.3. Mexico Sealers Market Volume (Kilo Tons) & Value (US$ Mn), by Application, 2018–2027
10. Competition Landscape
10.1. Competition Matrix, by Key Players
10.2. North America Sealers Market Share Analysis, by Company, 2018
10.3. Product Mapping
10.4. Company Profiles
10.4.1. Sealmaster
10.4.1.1. Company overview
10.4.1.2. Product portfolio
10.4.1.3. Business strategy
10.4.1.4. Recent developments
10.4.2. Sasol Sealers
10.4.2.1. Company overview
10.4.2.2. Product portfolio
10.4.2.3. Business strategy
10.4.3. The Brewer Company
10.4.3.1. Company overview
10.4.3.2. Product portfolio
10.4.3.3. Business strategy
10.4.4. Bonsal American
10.4.4.1. Company overview
10.4.4.2. Product portfolio
10.4.4.3. Business strategy
10.4.4.4. Recent developments
10.4.5. GemSeal Pavement Products
10.4.5.1. Company overview
10.4.5.2. Product portfolio
10.4.5.3. Business strategy
10.4.5.4. Recent developments
10.4.6. Vance Brothers
10.4.6.1. Company overview
10.4.6.2. Product portfolio
10.4.6.3. Business strategy
10.4.7. GuardTop
10.4.7.1. Company overview
10.4.7.2. Product portfolio
10.4.7.3. Business strategy
10.4.7.4. Recent developments
10.4.8. Fahrner Asphalt Sealers LLC
10.4.8.1. Company overview
10.4.8.2. Product portfolio
10.4.8.3. Business strategy
10.4.9. Asphalt Coatings Engineering, Inc.
10.4.9.1. Company overview
10.4.9.2. Product portfolio
10.4.9.3. Business strategy
10.4.10. RaynGuard
10.4.10.1. Company overview
10.4.10.2. Product portfolio
10.4.10.3. Business strategy
11. Primary Research - Key Insights
12. Appendix
12.1. Research Methodology and Assumptions
List of Tables
Table 1 North America Sealer Market Snapshot
Table 2 States with bans on Coal Tar Sealers in U.S.
Table 3 U.S. Sealer Market, by Product (Kilo Tons), 2018-2027
Table 4 U.S. Sealer Market, by Product (US$ Mn), 2018-2027
Table 5 U.S. Sealer Market, by Application (Kilo Tons), 2018-2027
Table 6 U.S. Sealer Market, by Application (US$ Mn), 2018-2027
Table 7 Canada Sealer Market, by Product (Kilo Tons), 2018-2027
Table 8 Canada Sealer Market, by Product (US$ Mn), 2018-2027
Table 9 Canada Sealer Market, by Application (Kilo Tons), 2018-2027
Table 10 Canada Sealer Market, by Application (US$ Mn), 2018-2027
Table 11 Mexico Sealer Market, by Product (Kilo Tons), 2018-2027
Table 12 Mexico Sealer Market, by Product (US$ Mn), 2018-2027
Table 13 Mexico Sealer Market, by Application (Kilo Tons), 2018-2027
List of Figures
Figure 1 Sealers Market Segmentation
Figure 2 North America Sealer Market (Kilo Tons) (US$ Mn), 2018-2027
Figure 3 Sealers Market: Value Chain Analysis
Figure 4 Revenue for Parking Lots and Garages in U.S. (US$ Mn)
Figure 5 North America Vehicles in Use, (2014-2018)
Figure 6 Porter’s Five Forces Analysis
Figure 7 North America Sealers Market Attractiveness, by Application
Figure 8 North America Average Price Trend (US$/Ton), 2018-2027
Figure 9 North America Sealers Market Volume Share, by Product, 2018 and 2027
Figure 10 North America Sealer Market for Coal Tar Sealers (Kilo Tons) (US$ Mn), 2018-2027
Figure 11 North America Sealer Market for Acrylic (Kilo Tons) (US$ Mn), 2018-2027
Figure 12 North America Sealer Market for Bitumen & Asphalt (Kilo Tons) (US$ Mn), 2018-2027
Figure 13 North America Sealer Market for Others (polyurethanes, silicones, etc.) (Kilo Tons) (US$ Mn), 2018-2027
Figure 14 North America Sealers Market Volume Share, by Application, 2018 and 2027
Figure 15 North America Sealer Market for Pavement & Blocks (Kilo Tons) (US$ Mn), 2018-2027
Figure 16 North America Sealer Market for Driveways & Parking Lots (Kilo Tons) (US$ Mn), 2018-2027
Figure 17 North America Sealer Market for Others (Kilo Tons) (US$ Mn), 2018-2027
Figure 18 North America Sealers Market Volume Share, by Country, 2018 and 2027
Copyright © Transparency Market Research, Inc. All Rights reserved
Trust Online
Sealers Market
