Global Construction Sealants Market, By Resin Type (Silicone, Polyurethane, Polysulfide, Plastisol, Emulsion, Butyl-Based, Others), Technology (Water-Based, Solvent-Based, Reactive, Others), Function (Bonding, Protection, Insulation, Glazing, Soundproofing, Cable Management), Application (Glazing, Flooring and Joining, Sanitary and Kitchen, Others), End-User (Residential, Industrial, Commercial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The construction sealants market is expected to witness market growth at a rate of 5.95% in the forecast period of 2021 to 2028 and is expected to reach USD 14.50 billion by 2028. Data Bridge Market Research report on construction sealants market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising application scope in residential and public infrastructure is escalating the growth of construction sealants market.
Sealants are utilized for blocking block dust, heat, sound and fluid with the help of apertures at joints in building structures. These are known to be effective in waterproofing processes as they provide a barrier for moisture in built structures. These materials are also used to provide acoustic and thermal insulation and fire barriers. Construction sealants offer extra waterproofing, reliability and flexibility to the commercial and residential infrastructure. These are extensively utilized for various applications such as roof sealant, window sealant, fireproofing and waterproofing and bathroom sealant.
The increasing demand for the product from construction sector for various applications including glazing, flooring and joining and sanitary and kitchen activity and the rise in the investment for infrastructural development acting as the major factors driving the construction sealants market. The growing application scope in residential and public infrastructure especially in developing nations including India and China and rise in the popularity of the product because of its features such as corrosion resistance, adhesion insolubility, low VOC content and compliance to green building norms accelerate the construction sealants market growth. The high usage of the construction sealants to block dust, sound, heat and fluid through apertures at the joints in the building structure and the benefits offered by the sealants such as waterproofing, reliability to building construction and longer life span further influence the construction sealants market. Additionally, rising living standards along with easy financial assistance, to increase in residential construction and renovation projects, increasing demand for high strength and durable public infrastructures, development of energy smart construction projects and surge in maintenance and renovation positively affect the construction sealants market. Furthermore, growing demand for low VOC, green and sustainable sealants extend profitable opportunities to the construction sealants market players in the forecast period of 2021 to 2028.
On the other hand, environmental regulations in North American and European Countries regarding toxicity and emission is expected to obstruct the construction sealants market growth. Shifting rules and changing standards and volatile raw material prices due to wide unstable crude oil prices are projected to challenge the construction sealants market in the forecast period of 2021-2028.
This construction sealants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on construction sealants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Construction Sealants Market Scope and Market Size
The construction sealants market is segmented on the basis of resin type, technology, function, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of resin type, the construction sealants market is segmented into silicone, polyurethane, polysulfide, plastisol, emulsion, butyl-based, and others. Others are further segmented into acrylic, epoxy, bitumen-based and other hybrid sealants.
- On the basis of technology, the construction sealants market is segmented into water-based, solvent-based, reactive and others.
- On the basis of function, the construction sealants market is segmented into bonding, protection, insulation, glazing, soundproofing and cable management.
- On the basis of application, the construction sealants market is segmented into glazing, flooring and joining, sanitary and kitchen and others.
- On the basis of end-user, the construction sealants market is segmented into residential, industrial and commercial.
Global Construction Sealants Market Country Level Analysis
The construction sealants market is analyzed and market size, volume information is provided by country, resin type, technology, function, application and end-user as referenced above.
The countries covered in the globally construction sealants market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the construction sealants market during the forecast period of 2021 to 2028 because of the rising demand from infrastructure development and bio-based sealants, foreign investments because of cheap labor and availability of raw materials, government initiative to improve manufacturing, growing rate of construction of end-use industries such as steel manufacturing plants, helicopter manufacturing plants and oil processing plants among others.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Construction Sealants Market Share Analysis
The construction sealants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to construction sealants market.
The major players covered in the construction sealants market report are Bostik, DAP Products Inc., Franklin International, GENERAL ELECTRIC, H.B. Fuller Company, Henkel AG & Co. KGaA, KONISHI CHEMICAL IND CO., LTD., MAPEI, PCI Augsburg GmbH, Pidilite Industries Ltd., Dow, The Euclid Chemical, The Yokohama Rubber Co., Ltd., Wacker Chemie AG, 3M, Asian Paints, BASF SE, Hodgson Sealants, ITW Polymer Sealants North America, KCC CORPORATION, KÖMMERLING CHEMISCHE FABRIK GMBH among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Construction Sealants Market
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