Analysis of the competitive strategies of the world’s top 5 polyurethane sealant companies

Keywords: market concentration, Henkel, Sika, regionalized production
In 2024, the global market CR5 (concentration) will reach 68%, and the strategies of leading companies will focus on three points:

Capacity localization: Sika sets up a factory in ASEAN to avoid tariffs and reduce costs by 20%;

Technical barriers: Arkema has deployed bio-based patents, and the proportion of renewable raw materials exceeds 50%;

Accelerated mergers and acquisitions: Henkel acquires 3 regional brands to seize emerging market channels.

The way out for Chinese companies: Deeply cultivate the niche tracks such as solvent-free and photovoltaic glue, and compete in a differentiated manner