Polyurethane (PU) sealants are an elastomeric compound used to seal joints and cracks in floors and walls. These sealants are used in concrete, metal, and wooden buildings. Polyurethane sealants, which are used as an alternative to silicone sealants and are durable and resistant to abrasion, are typically used for applying wood finishes. For sealing, void filling, and keeping moisture from entering joints, sealants are essentially insulating and grouting materials. Polyurethane sealants are made by combining various colours, fillers, and additives with polyurethane polymer. These sealants are highly resistant to corrosion, chemicals, and moisture. They also dry quickly. They are used in a wide variety of industries, including the building and automobile industries.

The COVID-19 pandemic epidemic has had a substantial negative impact on the global polyurethane sealant business. The building industry has been halted by the global pandemic epidemic. The state-wide lockdown imposed by the government halted practically all construction work. The market suffered as a result of the sharp decline in demand for polyurethane sealants in the building sector. Additionally, the economy's decline brought on by the epidemic decreased customers' disposable income. The demand for polyurethane sealant in the automotive industry has decreased as a result of the sharp decline in global auto sales.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Arkema S.A., BASF, Hodgson Sealants, Kommerling Chemische Fabrik Kg, Mapei S.p.A., PCI Augsburg GmbH, Selena Co. SA, Sika AG, Splendor Industry Company Limited, Sunstar Engineering Inc.

By Product Type: Based on the Product Type, Global Polyurethane Sealants Market is segmented as; One Component Polyurethane Sealants, Two Component Polyurethane Sealants.

By End User: Based on the End User, Global Polyurethane Sealants Market is segmented as; Building and Construction, Automotive, General Industrial, Marine, Aerospace, Others.

By Region: The Asia-Pacific region currently holds a monopoly on the worldwide polyurethane sealant market as a result of the rapid growth of the building industry in developing countries like China and India. Due to the expansion of the car sector in these regions, the market in Europe and North America is also anticipated to expand steadily.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.