Waterproofing adhesives and sealants play a pivotal role in the building and construction market by providing essential protective barriers against water ingress. These products are crucial for preserving structural integrity, preventing water-related damages, and enhancing the durability of buildings and infrastructure. With increasing construction activities, stringent building regulations, and a growing awareness of the long-term benefits of waterproofing, this market ensures the sustainability and resilience of structures in the face of climatic challenges.
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Data Bridge Market Research analyses the Singapore Waterproofing Adhesives and Sealants Market, which was USD 46.03 billion in 2021, is expected to reach up to USD 76.75 billion by 2029 and is expected to undergo a CAGR of 6.60% during the forecast period of 2022-2029. The growing awareness among builders, contractors, and property owners in Singapore about the long-term advantages of waterproofing, particularly in mitigating structural damage caused by heavy rainfall and humidity, is a significant driver for the increased adoption of waterproofing adhesives and sealants.
Key Findings of the Study
Increasing emphasis on sustainability in the Singapore is expected to drive the market's growth rate
The emphasis on sustainability in the Singapore waterproofing adhesives and sealants market is a key driver, fueled by the construction industry's growing commitment to eco-friendly practices. With increased awareness of environmental impact, there is a rising demand for waterproofing solutions that align with green building standards. Manufacturers responding to this trend by offering sustainable adhesives and sealants contribute significantly to market growth. As eco-conscious building practices gain traction, the integration of green solutions meets regulatory requirements and appeals to environmentally aware consumers and developers, driving the adoption of these products in construction projects and propelling the market forward.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Adhesives, Sealants), Application (Exterior, Interior), Application (Auxiliaries WPS, Cementitious Systems, Dispersion Systems, Joint Sealants, Jointing Systems, Bitumen Asphalt, Bridge Deck Waterproofing, Chemical Resistant Waterproofing, Primers, Traffic Systems, Others), Distribution Channel (E-commerce, Supermarkets and Hypermarkets, Specialist Retailers, Convenience Stores, Hardware Stores, Others), End-User (Residential, Commercial, Institutional, Infrastructure)
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Market Players Covered
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DuPont (U.S.), SOLVAY (Belgium), Dow (U.S.), Henkel AG and Co. KgaA (Germany), 3M (U.S.), Bostik (France), Sika AG (Switzerland), H.B. Fuller (U.S.), BASF SE (Germany), DAP Global Inc.(U.S.), Owens Corning (U.S.), The Chemours Company (U.S.), Paroc Group (Finland), Kingspan Group (Ireland), DAIKIN (Japan), GAF (U.S.), SOLVAY (Belgium), Saint-Gobain (France), Franklin International (U.S.), Illinois Tool Works Inc. (U.S.), AVERY DENNISON CORPORATION (U.S.) Three Bond Holdings Co., Ltd. (Japan), Dymax (U.S.), Ashland (U.S.), Shell (U.K.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
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Segment Analysis:
The Singapore waterproofing adhesives and sealants market in building and construction market in type, application area, application, distribution channel and end-user.
- On the basis of type, the Singapore waterproofing adhesives and sealants market in building and construction market is segmented into adhesives, and sealants
- On the basis of application area, the Singapore waterproofing adhesives and sealants market in building and construction market is segmented into exterior, and interior
- On the basis of application, the Singapore waterproofing adhesives and sealants market in building and construction market is segmented into auxiliaries WPS, cementitious systems, dispersion systems, joint sealants, jointing systems, bitumen asphalt, bridge deck waterproofing, chemical resistant waterproofing, primers, traffic systems, and others
- On the basis of distribution channel, the Singapore waterproofing adhesives and sealants market in building and construction market is segmented into e-commerce, supermarkets and hypermarkets, specialist retailers, convenience stores, hardware stores, and others
- On the basis of end-user, the Singapore waterproofing adhesives and sealants market in building and construction market is segmented into residential, commercial, institutional, and infrastructure
Major Players
Data Bridge Market Research recognizes the following companies as the major Singapore waterproofing adhesives and sealants market in building and construction market players in Singapore waterproofing adhesives and sealants market in building and construction market are DuPont (U.S.), SOLVAY (Belgium), Dow (U.S.), Henkel AG and Co. KgaA (Germany), 3M (U.S.), Bostik (France), Sika AG (Switzerland), H.B. Fuller (U.S.), BASF SE (Germany), DAP Global Inc.(U.S.), Owens Corning (U.S.), The Chemours Company (U.S.).
Market Developments
- In July 2022, Mapei embarked on a significant development initiative by commencing the construction of its third manufacturing facility in Kosi, Mathura. This strategic move was driven by the company's commitment to meeting the escalating demand for its products in Northern India. The impending completion of this manufacturing facility signified Mapei's dedication to expanding its operational footprint and underscored the increasing requirements within the construction and building materials market in the region
- In July 2022, Arkema, a global leader in specialty chemicals, finalized the acquisition of Permoseal. This marked a crucial milestone for Arkema as it bolstered its expertise in adhesive solutions tailored for DIY, packaging, and construction applications. The strategic acquisition played a pivotal role in enhancing Arkema's market presence, particularly in South Africa, and positioned the company as a key player in providing comprehensive adhesive solutions for diverse industries, including construction
- In April 2022, ITW Performance Polymers launched its cutting-edge adhesive, Plexus MA8105. Engineered with fast room-temperature curing, outstanding mechanical properties, and a versatile range of adhesion capabilities, Plexus MA8105 represented a significant leap forward in adhesive technology. This product launch by ITW Performance Polymers showcased the industry's continuous efforts to introduce innovative solutions that address the evolving needs of the construction sector, including the Singapore waterproofing adhesives and sealants market
- In January 2020, H.B. Fuller Company made a notable entry into the market with the launch of a new range of Gorilla professional-grade adhesives and sealants specifically designed for MRO (Maintenance, Repair, and Operations) industrial applications. This product line underscored H.B. Fuller's commitment to providing high-performance solutions for various construction-related needs. The introduction of these Gorilla products in 2020 laid the foundation for the company's increased participation in the competitive landscape of adhesives and sealants, impacting markets globally, including the building and construction sector in Singapore
For more detailed information about the Singapore waterproofing adhesives and sealants market in building and construction market report, click here – https://www.databridgemarketresearch.com/reports/singapore-waterproofing-adhesives-and-sealants-market
