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Singapore Waterproofing Adhesives and Sealants Market in Building and Construction Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Nov 2022
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Singapore Waterproofing Adhesives and Sealants Market in Building and Construction Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 6.6% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 46.03 Billion
Diagram Market Size (Forecast Year) USD 76.75 Billion
Diagram CAGR 6.6%

Singapore Waterproofing Adhesives and Sealants Market in Building and Construction Market, By Type (Adhesives, Sealants), Application Area (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) – Industry Trends and Forecast to 2029.

 Singapore Waterproofing Adhesives and Sealants Market in Building and Construction Market Analysis and Size

The Singapore waterproofing adhesives and sealants in building and construction market is mainly driven by the increasing adoption of non-hazardous, green and sustainable sealant and adhesives. Moreover, the growing longer endurance and quick seal abilities on substrates are boosting the demand for waterproofing adhesives and sealants in Singapore's building and construction market. Furthermore, developing high-performance adhesives and sealants such as UV cure and eco-friendly adhesives and sealants are some of the main innovations that are likely to increase the market growth.

Data Bridge Market Research analyses that the waterproofing adhesives and sealants market in building and construction market is expected to undergo a CAGR of 6.60% during the forecast period. This indicates that the market value, which was USD 46.03 billion in 2021, would rocket up to USD 76.75 billion by 2029. 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.

Singapore Waterproofing Adhesives and Sealants Market in Building and Construction Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

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)

Market Players Covered

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.)

Market Opportunities

  • Growth and expansion of buildings and construction industry
  • Increase in investments by market players
  • Rising research and development opportunities

Market Definition

Waterproofing adhesives and sealants are those adhesives and sealants which are mainly resistant to water. Adhesives are chemical compounds which are used to joint two different surfaces into a single object that cannot be readily separated. Adhesives with high shear and tensile strength, such as paste, glue, mucilage, and cement, are used for various bonding and holding activities. Sealants have adhesive qualities and are used to fill, seal and waterproof gaps between two surfaces in building and construction industry.

Waterproofing Adhesives and Sealants Market in Building and Construction Market Dynamics

Drivers

  • Growing demand of waterproofing adhesives and sealants market in building and construction in several purposes

Waterproof adhesives and sealants is used in several purposes such The increasing demand for roofing, wall coverings, ceramic tiles, pre-finished panels, cement, pipe cement, flooring underlayment, drywall lamination, HVAC, countertop lamination and other applications is likely to upsurge the global demand for waterproofing adhesives and sealants market in building and construction and drive the market growth rate of market.

  • High usage of polyurethane in waterproofing adhesives and sealants market in building and construction

Polyurethanes are highly used in producing high-performance waterproofing adhesives and sealants in building and construction for applications such as isolation joints, roofing, expansion, foundation, gutters and control joints in the building and construction industry. The demand of these adhesive and sealant in building and construction increase due to their excellent waterproofing quality. These are some major factor which is likely to drive the growth rate of the waterproofing adhesives and sealants market in building and construction market.

  • Rising expenditure in building and construction

Governments in developing countries are striving to develop public infrastructures such as bridges, trains, water treatment facilities, airports, electricity grids, roads, and telecommunications. The majority of countries are in Asia such as Singapore, where the environment is moist. Waterproof adhesives and sealants are necessary to preserve the longevity and integrity of these structures. Many infrastructure projects, for instance India's construction of a waterway freight corridor Singapore's Cross Island line project and an expenditure of about USD 738 million on the building of Singapore waterway tunnel systems are anticipated to increase the demand for waterproof adhesives and sealants and drive market growth rate.

Opportunities

  • Increasing demand for sustainable, green and low VOC sealants and adhesives in building and construction sector

Environmental regulations, specifications and limitations are becoming progressively prevalent. Volatile organic compounds (VOC) have been obtained from different and several sources, mostly found in any indoor environment. Hence, the increasing demand for the sustainable and green waterproofing adhesives and sealants in building and construction market encourages new ways for manufacturing sustainable waterproofing adhesives and sealants which helps to reduce VOCs. Biodegradable waterproofing adhesives and sealants are mainly designed for breaking down micro-organisms and bacteria in building and construction.

Furthermore, increasing modernization and technological advancements in waterproofing adhesives and sealants market specifically in building and construction industries will further create lucrative opportunities for the growth of the waterproofing adhesives and sealants market in building and construction market during the forecast period of 2022- 2029.

Restraints/Challenges

  • Scarcity and price fluctuations in raw materials

 The availability of raw materials and cost are major factors for adhesive manufacturers in estimating the operating costs of their products. Industrial inorganic chemicals, Plastic resins, synthetic rubber, and refined petroleum products are among the alternative raw materials which is also used by the waterproof adhesive and sealants industries. Most of these basic materials are petroleum-based derivatives vulnerable to commodity expense volatility. Oil prices have recently experienced maximum dramatic swings on either side. These factors are likely to hinder the growth rte of the market.

This waterproofing adhesives and sealants market in building and construction 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, geographic expansions, technological innovations in the market. To gain more info on the waterproofing adhesives and sealants market in building and construction market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Waterproofing Adhesives and Sealants Market in Building and Construction Market

The outbreak of COVID-19 pandemic has adversely affected the growth of the numerous industries mainly waterproofing adhesives and sealants market in building and construction market worldwide. It has also posed exceptional challenges on the sales, demand and production of waterproofing adhesives and sealants ruction, considering the delayed activities across the building and construction industry. This is on account of the advent of unfavourable situations, including the lack of presence of labour and raw materials caused by the imposition of social distancing and lockdown norms. Thus, the covid-19 left a major impact on the growth of waterproofing adhesives and sealants market in building and construction market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Singapore Waterproofing Adhesives and Sealants Market in Building and Construction Market Scope

The waterproofing adhesives and sealants market in type, application area, application, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Adhesives
  • Sealants

 Application Area

  • 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

Competitive Landscape and Waterproofing adhesives and sealants market in building and construction Market Share Analysis

The waterproofing adhesives and sealants market in building and construction 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 waterproofing adhesives and sealants market in building and construction market.

Some of the major players operating in the 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.)
  • 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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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The waterproofing adhesives and sealants market in building and construction market value was USD 46.03 billion in 2021.
The waterproofing adhesives and sealants market in building and construction market is projected to grow at a CAGR of 6.60% during the forecast period of 2022-2029.
It's segmented by Type, Application, Application, Distribution Channel, End-User
The top players 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.), 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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