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ProcurementIQ’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. ProcurementIQ’s Sealing Tools procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Sealing Tools - Recent Price Trend

The average price for sealing tools has been rising at an estimated annualized rate of 1.1% to $60.17 per unit during the three years to 2018. Prices have increased due to highly volatile costs for key raw materials, which have forced suppliers to keep prices up to protect their profit margins. Growth in demand stemming from the strong construction sector has also contributed to rising prices.

Sealing Tools - Total Cost of Ownership

The total cost of ownership for sealing tools is low; the purchase price is the most significant portion of the product's costs over the course of its useful life. Buyers do, however, often need to pay shipping charges. As such, it is important to carefully select a relatively local supplier to ensure low shipping fees. Additionally, buyers need to purchase adhesive agents.

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About this Report

This report is intended to help buyers of sealing tools make informed purchasing decisions. Sealing tools are used in a variety of ways, including applying sealing or bonding agents, removing sealing agent residue and mixing sealing agents. The sealing tools discussed in this report include caulking guns, putty knives, scrapers, foam applicators and mixers.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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