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At a compound annual growth rate (CAGR) of 7.09% from 2023 to 2030, the value of the global construction sealants market is expected to rise from $8.29 billion in 2022 to $12.89 billion.
Sealants used in construction can be found everywhere from windows and doors to floors and joints to bathrooms and kitchens. The rising demand for sealants in these essential uses has been a major factor in the development of the market. Construction sealants are used in a wide variety of applications, including window framing, plumbing, kitchens, expansion joints, flooring, walls, and panels to provide load carrying and protect against cracking caused by temperature and humidity fluctuations. Increased spending on infrastructure projects including airports, bridges, dams, and metro stations has resulted in a rise in the demand for sealants used in flooring, expansion joints, panels, and other areas of construction.
Population expansion, urbanisation, and growing income levels are driving up the demand for stable, high-quality housing in developing nations. The construction sealants market has benefited greatly from the rapid expansion of the residential housing sector in these countries. Furthermore, as environmentally friendly practises are increasingly adopted in a wide range of applications, there is a growing desire for green sealants, or those with minimal volatile organic compounds (VOCs). There are huge expansion prospects as the market shifts towards more environmentally friendly products. Green building is on the rise in the construction industry, which bodes well for the expansion of businesses that provide sustainable sealant products.
Classification Based On Resin
Silicone sealant, polyurethane sealant, plastisol sealant, emulsion sealant, polysulfide, and butyl-based sealant are only few of the resin kinds that compete in the market. Because of its superior ability to seal off leaks and keep out the elements, silicone sealants have the highest share of the market. Silicone sealants have a well-deserved reputation for keeping out the elements and aiding in the preservation of product quality over time. However, the construction and automotive sectors are the fastest-growing applications for polyurethane sealants. In order to prevent gasoline and oil leaks and protect surfaces from oil and corrosive combinations, polyurethane sealants are commonly used.
Tech-Based Analyses
Throughout the projected period, the construction and timber industries are expected to favour the Water-based segment's durable adhesive qualities. Water-based sealers are used by many businesses around the world because they don't usually call for the use of a caulking gun. In addition, due to their lack of odour, water-based sealers find widespread application in indoor settings. However, the fastest market expansion is seen in the reactive subsegment. In particular, low modulus reactive silicone sealants offer a number of benefits at a reasonable price. Many businesses throughout the world favour these sealants because of their superior adherence to a wide range of construction substrates.
Drivers
The need for sealants is increasing.
Commercial and residential construction alike are increasingly using sealants for flooring and expansion jointing, driving up demand in the worldwide construction sealant market. This pattern is most noticeable in countries with a high rate of residential construction, such as those in the developing world. In addition, the development of lightweight and green buildings in response to rising environmental concerns and the push for sustainable practises has resulted in a high demand for construction sealants around the world.
Restraints
Legal mandates from the state
Government laws in several nations aiming to reduce volatile organic compound (VOC) emissions have a chilling effect on the expansion of the worldwide building sealant market. Manufacturers of construction sealants around the world place a premium on safety and work hard to reduce potential health risks associated with their products' volatile organic compound (VOC) emissions. The manufacturing capacities of businesses in Europe and North America are significantly impacted by this commitment. Both places have strict regulations on the use of chemicals and fuel in production. In Europe and North America, the manufacture of solvent-based goods is overseen by regulatory authorities including the Epoxy Resins Committee (ERC), the European Commission (EC), and other relevant agencies. While these restrictions are essential, they can occasionally get in the way of a manufacturer's ability to grow and expand.
Key Market Developments
The important trend in the global construction sealants market is the rising demand for sealant materials that are environmentally friendly and sustainable. Construction firms and homeowners alike have been switching to sealants manufactured from renewable or recycled materials in recent years as they become more aware of environmental concerns and the need to lessen their carbon footprints. There has also been a shift towards solvent-free and low VOC (volatile organic compound) sealants, which help create healthier indoor air. This shift is being prompted by the building industry's dedication to greener methods of operation as well as governmental restrictions, shifting customer tastes, and other factors.
Report Coverage
Global Construction Sealants research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Construction Sealants report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Construction Sealants competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Construction Sealants market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Construction Sealants market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Construction Sealants market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Electrometallurgical Plant (Russia), 3M (U.S.), Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (U.S.), Selena (Poland), Kömmerling (Germany), PCI (Germany), Hodgson Sealants (U.K.), Pecora (U.S.), Euclid (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Construction Sealants market based on the below-mentioned segments:
Global Construction Sealants Market, By Resin Type
Silicone sealant
Polyurethane sealant
Plastisol sealant
Emulsion sealant
Polysulfide
Butyl-based sealant
Global Construction Sealants market, By Technology
Water-based
Solvent-based
Reactive
Others
Global Construction Sealants market, Regional Analysis
Sealants used in construction can be found everywhere from windows and doors to floors and joints to bathrooms and kitchens. The rising demand for sealants in these essential uses has been a major factor in the development of the market. Construction sealants are used in a wide variety of applications, including window framing, plumbing, kitchens, expansion joints, flooring, walls, and panels to provide load carrying and protect against cracking caused by temperature and humidity fluctuations. Increased spending on infrastructure projects including airports, bridges, dams, and metro stations has resulted in a rise in the demand for sealants used in flooring, expansion joints, panels, and other areas of construction.
Population expansion, urbanisation, and growing income levels are driving up the demand for stable, high-quality housing in developing nations. The construction sealants market has benefited greatly from the rapid expansion of the residential housing sector in these countries. Furthermore, as environmentally friendly practises are increasingly adopted in a wide range of applications, there is a growing desire for green sealants, or those with minimal volatile organic compounds (VOCs). There are huge expansion prospects as the market shifts towards more environmentally friendly products. Green building is on the rise in the construction industry, which bodes well for the expansion of businesses that provide sustainable sealant products.
Classification Based On Resin
Silicone sealant, polyurethane sealant, plastisol sealant, emulsion sealant, polysulfide, and butyl-based sealant are only few of the resin kinds that compete in the market. Because of its superior ability to seal off leaks and keep out the elements, silicone sealants have the highest share of the market. Silicone sealants have a well-deserved reputation for keeping out the elements and aiding in the preservation of product quality over time. However, the construction and automotive sectors are the fastest-growing applications for polyurethane sealants. In order to prevent gasoline and oil leaks and protect surfaces from oil and corrosive combinations, polyurethane sealants are commonly used.
Tech-Based Analyses
Throughout the projected period, the construction and timber industries are expected to favour the Water-based segment's durable adhesive qualities. Water-based sealers are used by many businesses around the world because they don't usually call for the use of a caulking gun. In addition, due to their lack of odour, water-based sealers find widespread application in indoor settings. However, the fastest market expansion is seen in the reactive subsegment. In particular, low modulus reactive silicone sealants offer a number of benefits at a reasonable price. Many businesses throughout the world favour these sealants because of their superior adherence to a wide range of construction substrates.
Drivers
The need for sealants is increasing.
Commercial and residential construction alike are increasingly using sealants for flooring and expansion jointing, driving up demand in the worldwide construction sealant market. This pattern is most noticeable in countries with a high rate of residential construction, such as those in the developing world. In addition, the development of lightweight and green buildings in response to rising environmental concerns and the push for sustainable practises has resulted in a high demand for construction sealants around the world.
Restraints
Legal mandates from the state
Government laws in several nations aiming to reduce volatile organic compound (VOC) emissions have a chilling effect on the expansion of the worldwide building sealant market. Manufacturers of construction sealants around the world place a premium on safety and work hard to reduce potential health risks associated with their products' volatile organic compound (VOC) emissions. The manufacturing capacities of businesses in Europe and North America are significantly impacted by this commitment. Both places have strict regulations on the use of chemicals and fuel in production. In Europe and North America, the manufacture of solvent-based goods is overseen by regulatory authorities including the Epoxy Resins Committee (ERC), the European Commission (EC), and other relevant agencies. While these restrictions are essential, they can occasionally get in the way of a manufacturer's ability to grow and expand.
Key Market Developments
The important trend in the global construction sealants market is the rising demand for sealant materials that are environmentally friendly and sustainable. Construction firms and homeowners alike have been switching to sealants manufactured from renewable or recycled materials in recent years as they become more aware of environmental concerns and the need to lessen their carbon footprints. There has also been a shift towards solvent-free and low VOC (volatile organic compound) sealants, which help create healthier indoor air. This shift is being prompted by the building industry's dedication to greener methods of operation as well as governmental restrictions, shifting customer tastes, and other factors.
Report Coverage
Global Construction Sealants research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Construction Sealants report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Construction Sealants competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Construction Sealants market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Electrometallurgical Plant (Russia), 3M (U.S.), Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (U.S.), Selena (Poland), Kömmerling (Germany), PCI (Germany), Hodgson Sealants (U.K.), Pecora (U.S.), Euclid (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Construction Sealants Market from 2021 to 2030.
- Market Forecast for Construction Sealants Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Construction Sealants competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Construction Sealants
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Construction Sealants market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Construction Sealants market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Electrometallurgical Plant (Russia), 3M (U.S.), Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (U.S.), Selena (Poland), Kömmerling (Germany), PCI (Germany), Hodgson Sealants (U.K.), Pecora (U.S.), Euclid (U.S.)
Primary Target Market
- Market Players of Construction Sealants
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Construction Sealants market based on the below-mentioned segments:
Global Construction Sealants Market, By Resin Type
Silicone sealant
Polyurethane sealant
Plastisol sealant
Emulsion sealant
Polysulfide
Butyl-based sealant
Global Construction Sealants market, By Technology
Water-based
Solvent-based
Reactive
Others
Global Construction Sealants market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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