North America Sealers Market Will Be Worth of Us$609.3 Mn in 2024, Expanding at a Cagr of 4.7% by 2024

Transparency Market

Research

Sealers Market - North America Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2016 - 2024

Published Date

30-Aug-2016

99 Page Report

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Demand for Sealers in North America to Cross 570 Kilo Tons

by 2024 despite Government Bans and Restrictions, predicts

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Sealers Market

REPORT DESCRIPTION

Sealers Market - North America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024

The sealers market in North America is characterized by the presence of a large number of players and a

fragmented competitive landscape. Transparency Market Research has noted that some of the top companies

in this market have been depending on high product differentiation and extensive research and development to

expand their businesses and maintain their share in the North America sealers market.

“New players are focused on the development of bio-based and acrylic sealers, while existing players are

engaged in the development of next-gen, highly efficient, and inexpensive sealers,” the author of the study

observes. Companies have also been focusing on expanding their businesses through strategic mergers and

acquisitions. GuardTop, for instance, acquired Rockmart of Blacklidge Emulsion Inc. in January 2015 to

expand its footprint in Southeast America. The company now has access to the emerging markets of Alabama,

Georgia, Mississippi, Florida, Tennessee, and the Carolinas.

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The opportunity in the sealers market in North America stood at US$405.7 mn in 2015 and is estimated to be

worth US$609.3 mn by 2024, registering a 4.7% CAGR from 2016 to 2024. The demand, on the other hand, is

projected to reach 572.9 kilo...