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The property of forming a watertight and airtight seal between two bodies is the prime
characteristic shaping the marine sealants utility. Providing a relatively greater degree
of flexibility and permitting a considerable degree of movement to the attached surfaces
without losing cohesion are the prime factors which are expected to trigger the global
marine sealant demand over the forecast period.
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Commercial segments for the marine sealant market comprises of bulk-shipping
companies, strong commercial fleet of vessels and cruise ship operators. The Shipbuilding industry is the major proponent responsible for driving growth in the marine
sealants market. Leisure boats having higher sales volume as well as the craftsmen
and packaging industry forms the consumer market for the global marine sealant
industry.
Increasing emphasis on Maritime defense and Marine security developments in the
recent times has triggered a positive response towards global marine sealants market.
Amplified defense spending with greater stress on enhancing and updating the
depository arsenal is one of the key drivers expected to propel the growth of marine
sealants over the foreseeable future.
Depending on the chemical composition, the global marine sealant market is
segmented into silicones, polyurethane, butyl and polysulfide based sealants. Amongst
these, silicone based marine sealants are the most common and widely used sealant
type. They are projected to be the fastest growing category and accounts for the major
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