Global Construction Sealant Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
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“Global Construction Sealant Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global construction sealant market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global construction sealant market report has been segmented on the basis of resin type, application, and region.
Introduction:
Sealants, commonly known as sealing agent in construction industry, are used to block heat, sound, dust, and fluid through apertures at joints in the building structures. They hold various properties and are particularly effective in the waterproofing processes to provide barrier for moisture in the built structures, temperature & chemical stability, weather resistance, flexibility, and among others. The sealants can offer thermal and acoustic insulation and can also be utilized as fire barriers. Bitumen and asphalt that are naturally occurring have been utilized as sealants.
Sealants comprise the inert filler material and are composed of the elastomer to fulfill elongation and flexibility requirements. These sealants are available in viscous and semi-liquid state with little to zero flow characteristics. These corrosion resistance, adhesion, and insolubility are major properties of sealants that makes them ideal for water proofing in construction industry.
Key raw materials utilized in the manufacturing includes polyurethane and silicones. The volatility in raw material prices due to unstable crude oil prices with wide applications across other industries including automotive, electronics, and packaging industries expected to affect the raw material availability.
Dynamics:
Increasing demand for construction sealant across numerous end-use industrial verticals such as construction and reconstruction is major factor expected to drive growth of the target market over the next 10 years. In addition, increasing application scope in the glazing and flooring & joining sectors is key factor expected to support revenue growth of the global market over the next few years. In addition, various properties offered by construction sealants such as flexibility, high temperature resistance, among others is another factor projected to boost adoption of these products, which in turn projected to drive growth of the global market over the forecast period. Moreover, these adhesives have wide variety of application in various end-use industrial sector, which in turn expected to drive growth of the target market in the next few years.
Region Analysis:
Asia Pacific construction sealant market is expected to account for significant share in terms of revenue in the global construction sealant market. In addition, the Asia Pacific market is also anticipated to register faster growth in terms of revenue over the next few years, owing to increasing demand from construction industry in countries in this region. Moreover, rising investments by public and private players in Asia Pacific region and growing demand from numerous end-use application industries are other factors projected to drive growth of the Asia Pacific market in the next 10 years. The market in India is projected to account for significant share in terms of revenue in the Asia Pacific market.
Global Construction Sealant Market Segmentation:
Segmentation by resin type:
- Silicone
- Polyurethane
- Moisture Cured
- Heat Cured
- Polysulfide
- Others
Segmentation by application:
- Glazing
- Weatherproofing
- Flooring & Joining
- Sanitary & Kitchen
- Others
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- 3M Company
- Bostik SA
- Sika AG
- Henkel AG & Co. KGaA
- B. Fuller
- BASF SE
- The DOW Chemical Company
- Wacker Chemie AG
- General Electric Company
- Konishi Co., Ltd.
- Mapei SpA
- Asian Paints Limited