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Global Pavement Sealers Market by Type (Neoprene, Asphalt, Others), By Application (High temperature Protection, High temperature Protection, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-15520
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 58
  • No. Of Pages: 202
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  • Pub. Date: 2021-04-04
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The Global Pavement Sealers Market size is projected to grow at a CAGR of 3.1% during the forecast period, from 2021-2028. In this report, we have included details about the various types and applications of pavement sealers as well as their respective regional markets. Neoprene was the most commonly used type in 2018, followed by asphalt and others. High-temperature protection applications accounted for a major share in terms of usage volume in 2018, while high-temperature protection applications will continue to dominate through 2028 owing to its growing demand across all regions due to increasing traffic congestion and rising awareness among motorists on preventive maintenance activities for vehicles to reduce fuel consumption which can lead to lower emission levels as well as long operational life of the vehicle.



Pavement sealers are liquids or semi-solid substances that are applied to asphalt pavements to protect them from the weather and to improve their appearance. There are three types of pavement sealers: neoprene, asphalt, and others. The most common type is neoprene, which is synthetic rubber. Asphalt pavement sealers are made from coal tar or petroleum and are available in two varieties: asphalt emulsions (which contain up to 30% water) and hot mix seal coats. This extends the life of the pavement and helps to preserve its appearance. In addition, pavement sealers can add a decorative element to the asphalt surface. Pavement sealing protects against weathering and provides a dust-free surface for driving with significantly less noise than unsealed roads. Its durability has been proven over time without resurfacing as it maintains a thick elastic pavement structure.



On the basis of Type, the global pavement sealers market is segmented into Neoprene, Asphalt, and Others.



Neoprene:

Neoprene is a synthetic rubber that has been widely used in the industrial industry for its chemical stability, oil resistance, and electrical properties. Neoprene is a synthetic rubber, which has properties like resistance to chemicals, oil, and heat. It is also waterproof and does not corrode. This makes it ideal for use in pavement sealers. The polymer chains in neoprene are very flexible, which gives the sealant more elasticity. This helps it to stretch and contract as per the changing temperature.



Asphalt:

Asphalt is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product. The primary use of asphalt is in road construction, where it is used as the glue or binder that holds together the aggregate layers of stone and sand that make up a paved road. Also known as the most popular type of pavement sealers, asphalt is used in numerous other applications such as roofing and waterproofing membranes.



On the basis of Application, the global pavement sealers market is segmented into High-Temperature Protection, Low-Temperature Protection, and others.



High-Temperature Protection:

The application of pavement sealers as High-Temperature Protection helps to prevent the asphalt pavement from melting and cracking in high temperatures. It also protects the surface against weathering and oxidation. Sealants are generally applied by spraying them over the entire surface area or applying a coat with a brush, roller, squeegee, or sprayer. The main benefit of using a sealant is that it extends the life of the pavement and keeps it in good condition for a longer period. It is also less expensive to maintain a sealed surface than an unsealed one.



Low-Temperature Protection:

The application of pavement sealers as Low-Temperature Protection is to protect and prevent the wear and tear of pavements by resisting low temperature. By using this product, it will be able to provide protection from damage caused by road salts. Low cost can also be a big benefit for consumers who want to save money without compromising on quality. This is expected to drive the demand in the market. It helps to maintain the structural integrity of the pavement and increases its lifespan. Additionally, it also reduces the need for frequent snowplowing and de-icing activities.



On the basis of Region, the global pavement sealers market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold the largest market share during the forecast period. This growth can be attributed to increasing construction projects, the number of automobiles & rising urbanization in countries such as the U.S., Canada, and Mexico, etc. Currently, Asia Pacific is the fastest-growing market for pavement sealers. High growth in this region can be attributed to increasing infrastructure investment & road expansion projects in emerging economies such as China, India, and Japan, etc. Latin America is also expected to grow at a high CAGR due to the rising demand for new infrastructures by end-users such as governments and commercial entities.

The market for pavement sealers is growing in the European region. There are a number of factors that are contributing to this growth, including the increasing demand for these products from the commercial and residential sectors. In addition, the rising awareness about the benefits of using pavement sealers is also helping to drive market growth. The market for pavement sealers is expected to increase at a steady pace during the forecast period.

Currently, the Middle East and Africa Pavement Sealers Market are in its early stages of development. In terms of technology standards, there are no developed road infrastructure systems or highly developed pavement sealer manufacturing industries in these countries to produce high-quality/cost-effective products suitable for their needs. The African region is expected to witness moderate growth in the pavement sealers market during the forecast period. This can be attributed to the increasing investments in transportation infrastructure and rising demand for better surface protection across various applications such as highways, airports, and ports.



Growth Factors For The Global Pavement Sealers Market:

The growth in the asphalt industry is driving the demand for pavement sealers. In addition, increasing awareness about the benefits of using pavement sealers over other pavement protection techniques is another factor propelling the growth of this market. The increasing adoption of pavement sealers in the construction and renovation sector is also expected to boost the growth of this market during the forecast period.



Up Market Research published a new report titled “Pavement Sealers Market research report which is segmented by Types (Neoprene, Asphalt, Others), By Applications (High temperature Protection, High temperature Protection, Others), By Players/Companies SealMaster, GemSeal, Dalton Enterprises, STAR, Crafco, Neyra, Brewer Company, EXTENDIT, SASCO, BLACK DIAMOND PAVING”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Pavement Sealers Market Research Report
By Type Neoprene, Asphalt, Others
By Application High temperature Protection, High temperature Protection, Others
By Companies SealMaster, GemSeal, Dalton Enterprises, STAR, Crafco, Neyra, Brewer Company, EXTENDIT, SASCO, BLACK DIAMOND PAVING
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 202
Number of Tables & Figures 142
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Pavement Sealers Industry Outlook
 

Global Pavement Sealers Market Report Segments:

The market is segmented by Type Neoprene, Asphalt, Others and By Application High temperature Protection, High temperature Protection, Others.

 

Some of the companies that are profiled in this report are:

  1. SealMaster
  2. GemSeal
  3. Dalton Enterprises
  4. STAR
  5. Crafco
  6. Neyra
  7. Brewer Company
  8. EXTENDIT
  9. SASCO
  10. BLACK DIAMOND PAVING
 

Pavement Sealers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Pavement Sealers Market
 

Overview of the regional outlook of the Pavement Sealers Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Pavement Sealers Market Overview
 

Highlights of The Pavement Sealers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Pavement Sealers Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Neoprene

                2. Asphalt

                3. Others

       7. By Application:

                1. High temperature Protection

                2. High temperature Protection

                3. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Pavement Sealers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

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  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Pavement Sealers Market Statistics
 

Reasons to Purchase the Pavement Sealers Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pavement Sealers Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Pavement Sealers Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Pavement Sealers Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Pavement Sealers Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Pavement Sealers Market Size & Forecast, 2018-2028 
      4.5.1 Pavement Sealers Market Size and Y-o-Y Growth 
      4.5.2 Pavement Sealers Market Absolute $ Opportunity 


Chapter 5 Global Pavement Sealers Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Pavement Sealers Market Size Forecast by Type
      5.2.1 Neoprene
      5.2.2 Asphalt
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Pavement Sealers Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Pavement Sealers Market Size Forecast by Applications
      6.2.1 High temperature Protection
      6.2.2 High temperature Protection
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Pavement Sealers Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Pavement Sealers Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Pavement Sealers Analysis and Forecast
   9.1 Introduction
   9.2 North America Pavement Sealers Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Pavement Sealers Market Size Forecast by Type
      9.6.1 Neoprene
      9.6.2 Asphalt
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Pavement Sealers Market Size Forecast by Applications
      9.10.1 High temperature Protection
      9.10.2 High temperature Protection
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Pavement Sealers Analysis and Forecast
   10.1 Introduction
   10.2 Europe Pavement Sealers Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Pavement Sealers Market Size Forecast by Type
      10.6.1 Neoprene
      10.6.2 Asphalt
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Pavement Sealers Market Size Forecast by Applications
      10.10.1 High temperature Protection
      10.10.2 High temperature Protection
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Pavement Sealers Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Pavement Sealers Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Pavement Sealers Market Size Forecast by Type
      11.6.1 Neoprene
      11.6.2 Asphalt
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Pavement Sealers Market Size Forecast by Applications
      11.10.1 High temperature Protection
      11.10.2 High temperature Protection
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Pavement Sealers Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Pavement Sealers Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Pavement Sealers Market Size Forecast by Type
      12.6.1 Neoprene
      12.6.2 Asphalt
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Pavement Sealers Market Size Forecast by Applications
      12.10.1 High temperature Protection
      12.10.2 High temperature Protection
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Pavement Sealers Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Pavement Sealers Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Pavement Sealers Market Size Forecast by Type
      13.6.1 Neoprene
      13.6.2 Asphalt
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Pavement Sealers Market Size Forecast by Applications
      13.10.1 High temperature Protection
      13.10.2 High temperature Protection
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Pavement Sealers Market: Competitive Dashboard
   14.2 Global Pavement Sealers Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 SealMaster
      14.3.2 GemSeal
      14.3.3 Dalton Enterprises
      14.3.4 STAR
      14.3.5 Crafco
      14.3.6 Neyra
      14.3.7 Brewer Company
      14.3.8 EXTENDIT
      14.3.9 SASCO
      14.3.10 BLACK DIAMOND PAVING
Segments Covered in the Report
The global Pavement Sealers market has been segmented based on

By Types
  • Neoprene
  • Asphalt
  • Others
By Applications
  • High temperature Protection
  • High temperature Protection
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • SealMaster
  • GemSeal
  • Dalton Enterprises
  • STAR
  • Crafco
  • Neyra
  • Brewer Company
  • EXTENDIT
  • SASCO
  • BLACK DIAMOND PAVING

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