Food Grade Sealant Market

Market Introduction

Food grade sealants are composed of silicone that has a fast curing property. Food grade sealants do not contain any chemical fillers and by-products. The non-toxic nature of a food grade sealant has enabled its usage in food products. Food grade sealants provide good resistance to the degradation and damage caused by extreme temperatures. Food grade sealants are very efficient in providing protection from UV rays as well. They do not dry out, crack, become brittle or harden over time. Food grade sealants can be recycled and their waste does not cause any hazard. They are available in white, black & grey colors or in transparent form depending upon the method of curing. Food grade sealants show very good adhesion to a variety of substrates, which include Formica, natural stone or metal surfaces. Food grade sealants can be used to protect food stored in places such as refrigerators, confined places, or wet places where the storage of food becomes difficult.

Market Dynamics

Food grade sealants have applications in the food & beverage industry, especially in dairy products. The growth of the food & beverage industry is expected to help boost the sales of food grade sealants. Food grade sealants are recyclable and contain no hazardous chemicals. Food grade sealants offer good resistance to microbial organisms, freeze-thaw conditions and radiations. These factors are expected to promote the usage of food grade sealants in food packaging, which is likely to boost the sales of these products. These properties of food-grade sealants make them user-friendly, which is expected to promote the growth of the food grade sealant market.

However, the high cost of food grade sealants is expected to hamper their sales. Moreover, the high shelf life of food grade sealants is expected to decline their sales to a certain extent.

Regional Outlook

The food & beverage industry of North America has exhibited significant growth in the past few years. Thus, this region is expected to be a major contributor to the growth of the food grade sealant market. Owing to its moderately growing food & beverage industry, the demand for food grade sealants in Europe is expected to be moderate. Being highly populated countries, China and India are expected to provide a platform for growth in the sales of food grade sealants. Moreover, the food & beverage industries of these countries is growing, which is also expected to boost the food grade sealants market in these countries. The food & beverage industry in Latin America has registered satisfactory growth in the recent years, which is expected to boost the sales of food grade sealants in the region. Japan’s food & beverage industry has registered lucrative growth, which is expected to boost the food grade sealant market in the region in the near future. The large populating and moderately growing food & beverage industry of the South East Asia region is expected to boost the sales of food grade sealants in the region. The moderately growing food & beverage industry in the Middle East and Africa region is also expected to boost the sales of food grade sealants in the near future.

List of Market Participants

The participants involved in the food grade sealant are listed below:

• Bostik
• CRC NZ
• The Dow Chemical Company
• PolySto
• Alstone
• McCoy Soudal
• Precision Polymer Engineering Ltd.
• ACC Silicones Ltd.
• Elkem Silicones
• Heartland Adhesives LLC

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
• CIS and Russia
• Asia-Pacific (China, India, ASEAN, South Korea)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

Market Segmentation

The food grade sealants market is segmented on the given basis:

Food grade sealants by curing method:

• Neutral
• Neutral Oxime
• Acetoxy

Food grade sealants by substrate:

• Formica
• Timber
• Tiles
• Painted Surfaces
• Natural Stone
• Metal

Food grade sealants by colour:

• White
• Black
• Transparent
• Grey

Food grade sealants by applications:

• Animal and Dairy Products
• Wet Places
• Damp Places
• Refrigerated Places
• Confined Places

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR