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

Sealers Industry in North America: Forecasts to 2024

  • August 2016
  • 99 pages
  • ID: 4239928
In this report:
Increase in passenger vehicle is expected to boost the demand for driveways, garages, and parking lots in North America.
Key players profiled in the report include Neyra Industries, Inc., Bonsal American, Fahrner Asphalt Sealers LLC, Asphalt Coatings Engineering, Inc., RaynGuard, The Brewer Company, SealMaster, Vance Brothers, GemSeal Pavement Products and GuardTop.
However, growing governmental bans for coal tar based sealers in some U.S. states and upcoming bans in other counties and cities is projected to hamper the market growth.

Summary

Table of Contents

Sealers are designed to beautify and protect driveways, parking lots and pavement & blocks from water damages. It reduces the maintenance cost & increases the shelf life of pavements. The sealers are primarily classified on basis of composition into: coal tar, bitumen & asphalt, acrylic and others (polyurethanes, silicone, epoxy based sealers). Sealers are used at commercial and residential constructions in pavements and blocks, driveways and parking lots, airports, race tracks and sport arenas. The choice of a sealer depends upon a number of variables including compatibility with surface of application, traffic, weather conditions, and project cost.

Rise in passenger vehicle is forecast to boost the industry demand for driveways, garages, and parking lots in North America continent. Nevertheless, increasing governmental bans for coal tar based sealers in some U.S. states and upcoming bans in other counties and cities is forecasted to hamper the market increase. Growing research & development activities in soybean based bio-sealers are likely to offer big opportunities for sealers in the outlook.

The industry report includes in-depth analysis of market drivers and market restraints affecting the growth of the segment over the outlook period. It also comprises value chain study, which gives exhaustive overview of value addition at each stage of the value chain. The study maps upcoming alternatives in the sealers market and its impact on global market increase. The market research consist of future trend analysis and Analysis of market appeal.

The analysis is based on demand for sealers i.e. coal tar based, acrylic based, bitumen & asphalt based and others (epoxy, polyurethane, etc.). The different applications considered in the research contain pavement & blocks, parking lots & driveway and airport, race tracks, etc. Pavement & blocks includes sidewalks, gardenways, courtyards and patios. Demand for sealers used on asphalt and concrete surfaces except road (highway and street roads) has been considered in the report. The market research is focused only on North America region with farther birfurcation on country level as U.S., Mexico (MX) and Canada (CA). Each of the country is analyzed in terms of revenue and volume on product and application segment from 2015 to 2024. For the business research study, 2015 is considered as a base year and forecast period from 2016 to 2024.

In order to assemble the research report, we concluded comprehensive interviews and discussions with a number of top industry participants and opinion dominants. Primary research introduces the bulk of research efforts, complemented by comprehensive secondary research. We analyzed relevant documents for a competitive analysis and market understanding with company and industry literature, press releases and annual reports. Secondary research includes a search of new trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. You will obtain the most successful, reliable and effective approach for collecting precise market data.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, National Asphalt Pavement Association, Pavement Coating Technology Center, Asphalt Institute, internal and external proprietary databases, and efficient patent and regulatory databases including ICIS, Hoover's, oneSOURCE, Factiva, and Bloomberg, national government documents, statistical databases, trade journals, industry reports, news articles, press releases, and webcasts particular to companies operating in the sector.

Primary Q&A are conducted on an ongoing basis with industry participants and commentators to validate the information and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team's expertise and market perception.

The analysis comprises profiles of main companies operating in the North America sealer market. Main actors described in this study include Neyra Industries, Incorporated, Bonsal American, Fahrner Asphalt Sealers LLC, Asphalt Coatings Engineering, Incorporated, RaynGuard, The Brewer Company, SealMaster, Vance Brothers, GemSeal Pavement Products and GuardTop. Market actors have been profiled in terms of attributes including company overview, financial review, strategic management, and recent evolutions.

The document breaks down the sealer market as follows:

North America Sealer Market - Product Segment Analysis

North America Sealer Market - Country Analysis

USA

Canada (CA)

Mexico (MX)

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