Construction Sealants Market Size (2021-2031) and Growth
The Construction Sealants Market is expected to register a CAGR of 3.7% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Silicone, Polyurethane, Polysulfide, and Others). The report is also segmented by Application (Glazing, Flooring, Sanitary and Kitchenware, and Others). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Construction Sealants Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Construction Sealants Market Segmentation
Type- Silicone
- Polyurethane
- Polysulfide
- Glazing
- Flooring
- Sanitary and Kitchenware
Strategic Insights
Construction Sealants Market Growth Drivers- Rise in Energy Efficiency Demand: The construction sealants market is propelled by the rising trend on energy efficiency in buildings. With the changing regulations and consumer behavior geared towards sustainability, the demand for the high-performance adhesives is growing. This in turn promotes the manufacturers to be creative and come up with products that cut across these energy efficiency levels.
- Increase in Urbanization Rate and the Present Continuous Infrastructure Activities: The expansion of the cities along with the construction of new structures creates a demand for effective sealing processes in both residential and commercial, which in turn creates a demand for construction activities. This increase in the level of the factory built up provides an avenue for the producers of the sealants to manufacture and bother supplies the necessary goods for other processes.
- Technological Innovations: The introduction of new technologies in the formulation of sealants is changing the scope of the market. New products like hybrid sealants and environment friendly ones are in the market, doing better than the rest. With these developments, the manufacturers no longer only work to fulfill the needs of the market but are rather able to enhance their products and thus attract more clients.
- Demand for Sustainable Construction Sealants: There is a growing demand for environmentally friendly and sustainable products in the construction sealants industry. Due to increased concern for the environment, both builders and consumers are now more inclined to use sealants that have little or no negative impact on the environment, such as biodegradable or low-VOC sealants. This is not only a compliance strategy, but also appropriate for the universal appeal of sustainable development.
- Advanced Technologies: The introduction of advanced technologies is revolutionizing the market of construction sealants. New hybrid sealants which bridge different materials are also on the uses. These developments improve the performance, longevity, and the range of applications, thus enabling effective sealing in any construction work, and thereby facilitating the growth of the market and differentiation of the products.
- Rising Demand for High-Performance Sealants; In light of the increasing complexity of construction projects in modern contexts, the performance needs have increased, resulting in high performing sealants that can cope with challenging conditions. High performance sealants, which provide high adhesive properties, good flexibility, and weather resistance, are increasingly in demand. This phenomenon shows the market’s expectation for effective performance that lasts under a wide range of use situations and applications.
- Construction Sealants Growth in Emerging Economies: The construction sealants market provides impressive prospects for growth in emerging economies experiencing fast-paced urbanization and infrastructural development. As these areas begin to build up both residential and commercial properties, this will in turn create a need for sealing solutions, hence manufacturers will enter new markets and widen their reach.
- Energy-Efficient Sealants for Sustainable Buildings: As energy efficient building designs become the norm, it provides an opportunity to sealant manufacturers such sealants that help in insulation which in turn reduces energy use. Producing efficient sealants that comply with energy standards, will encourage companies to satisfy the increasing need from the builders and market focused on the environment.
- Technology Advancement: Sealant technology improvements provide a motivation for product variety and expansion of the market. Where I will be clearer, the manufacturers can also be more standard that is, engage the manufacturers in new products that they service, sealants with better performance like good stickiness and flexibility or resistance to harsh conditions. This innovativeness orientation assists the firms in gaining a portion of the market and responding to the changing demands of the customers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Construction Sealants Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Construction Sealants Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Increased demand for energy-efficient buildings is driving the market growth
Technological innovation in sealant products is one of the key opportunities for the market growth.
The Construction Sealants Market is estimated to witness a CAGR of 3.7% from 2023 to 2031
3M Company, BASF Corporation, Bostik India Pvt. Ltd, Dupont De Nemours Inc, General Electric Company, H.B. Fuller Company, Henkel AG and Co. Kgaa, Mapei SPA, Sika AG, and Wacker Chemie AG are among the leading players operating in the construction sealants market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Based on geography, Asia Pacific is expected to register the fastest CAGR from 2023 to 2031.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Construction Sealants Market - By Type
1.3.2 Construction Sealants Market - By Application
1.3.3 Construction Sealants Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONSTRUCTION SEALANTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CONSTRUCTION SEALANTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CONSTRUCTION SEALANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. CONSTRUCTION SEALANTS - GLOBAL MARKET OVERVIEW
6.2. CONSTRUCTION SEALANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONSTRUCTION SEALANTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SILICONE
7.3.1. Overview
7.3.2. Silicone Market Forecast and Analysis
7.4. POLYURETHANE
7.4.1. Overview
7.4.2. Polyurethane Market Forecast and Analysis
7.5. POLYSULFIDE
7.5.1. Overview
7.5.2. Polysulfide Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CONSTRUCTION SEALANTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. GLAZING
8.3.1. Overview
8.3.2. Glazing Market Forecast and Analysis
8.4. FLOORING AND JOINING APPLICATION
8.4.1. Overview
8.4.2. Flooring and Joining Application Market Forecast and Analysis
8.5. SANITARY AND KITCHEN APPLICATION
8.5.1. Overview
8.5.2. Sanitary and Kitchen Application Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. CONSTRUCTION SEALANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Construction Sealants Market Overview
9.1.2 North America Construction Sealants Market Forecasts and Analysis
9.1.3 North America Construction Sealants Market Forecasts and Analysis - By Type
9.1.4 North America Construction Sealants Market Forecasts and Analysis - By Application
9.1.5 North America Construction Sealants Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Construction Sealants Market
9.1.5.1.1 Canada Construction Sealants Market by Type
9.1.5.1.2 Canada Construction Sealants Market by Application
9.1.5.2 Mexico Construction Sealants Market
9.1.5.2.1 Mexico Construction Sealants Market by Type
9.1.5.2.2 Mexico Construction Sealants Market by Application
9.1.5.3 US Construction Sealants Market
9.1.5.3.1 US Construction Sealants Market by Type
9.1.5.3.2 US Construction Sealants Market by Application
9.2. EUROPE
9.2.1 Europe Construction Sealants Market Overview
9.2.2 Europe Construction Sealants Market Forecasts and Analysis
9.2.3 Europe Construction Sealants Market Forecasts and Analysis - By Type
9.2.4 Europe Construction Sealants Market Forecasts and Analysis - By Application
9.2.5 Europe Construction Sealants Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Construction Sealants Market
9.2.5.1.1 Germany Construction Sealants Market by Type
9.2.5.1.2 Germany Construction Sealants Market by Application
9.2.5.2 France Construction Sealants Market
9.2.5.2.1 France Construction Sealants Market by Type
9.2.5.2.2 France Construction Sealants Market by Application
9.2.5.3 Italy Construction Sealants Market
9.2.5.3.1 Italy Construction Sealants Market by Type
9.2.5.3.2 Italy Construction Sealants Market by Application
9.2.5.4 United Kingdom Construction Sealants Market
9.2.5.4.1 United Kingdom Construction Sealants Market by Type
9.2.5.4.2 United Kingdom Construction Sealants Market by Application
9.2.5.5 Russia Construction Sealants Market
9.2.5.5.1 Russia Construction Sealants Market by Type
9.2.5.5.2 Russia Construction Sealants Market by Application
9.2.5.6 Rest of Europe Construction Sealants Market
9.2.5.6.1 Rest of Europe Construction Sealants Market by Type
9.2.5.6.2 Rest of Europe Construction Sealants Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Construction Sealants Market Overview
9.3.2 Asia-Pacific Construction Sealants Market Forecasts and Analysis
9.3.3 Asia-Pacific Construction Sealants Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Construction Sealants Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Construction Sealants Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Construction Sealants Market
9.3.5.1.1 Australia Construction Sealants Market by Type
9.3.5.1.2 Australia Construction Sealants Market by Application
9.3.5.2 China Construction Sealants Market
9.3.5.2.1 China Construction Sealants Market by Type
9.3.5.2.2 China Construction Sealants Market by Application
9.3.5.3 India Construction Sealants Market
9.3.5.3.1 India Construction Sealants Market by Type
9.3.5.3.2 India Construction Sealants Market by Application
9.3.5.4 Japan Construction Sealants Market
9.3.5.4.1 Japan Construction Sealants Market by Type
9.3.5.4.2 Japan Construction Sealants Market by Application
9.3.5.5 South Korea Construction Sealants Market
9.3.5.5.1 South Korea Construction Sealants Market by Type
9.3.5.5.2 South Korea Construction Sealants Market by Application
9.3.5.6 Rest of Asia-Pacific Construction Sealants Market
9.3.5.6.1 Rest of Asia-Pacific Construction Sealants Market by Type
9.3.5.6.2 Rest of Asia-Pacific Construction Sealants Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Construction Sealants Market Overview
9.4.2 Middle East and Africa Construction Sealants Market Forecasts and Analysis
9.4.3 Middle East and Africa Construction Sealants Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Construction Sealants Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Construction Sealants Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Construction Sealants Market
9.4.5.1.1 South Africa Construction Sealants Market by Type
9.4.5.1.2 South Africa Construction Sealants Market by Application
9.4.5.2 Saudi Arabia Construction Sealants Market
9.4.5.2.1 Saudi Arabia Construction Sealants Market by Type
9.4.5.2.2 Saudi Arabia Construction Sealants Market by Application
9.4.5.3 U.A.E Construction Sealants Market
9.4.5.3.1 U.A.E Construction Sealants Market by Type
9.4.5.3.2 U.A.E Construction Sealants Market by Application
9.4.5.4 Rest of Middle East and Africa Construction Sealants Market
9.4.5.4.1 Rest of Middle East and Africa Construction Sealants Market by Type
9.4.5.4.2 Rest of Middle East and Africa Construction Sealants Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Construction Sealants Market Overview
9.5.2 South and Central America Construction Sealants Market Forecasts and Analysis
9.5.3 South and Central America Construction Sealants Market Forecasts and Analysis - By Type
9.5.4 South and Central America Construction Sealants Market Forecasts and Analysis - By Application
9.5.5 South and Central America Construction Sealants Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Construction Sealants Market
9.5.5.1.1 Brazil Construction Sealants Market by Type
9.5.5.1.2 Brazil Construction Sealants Market by Application
9.5.5.2 Argentina Construction Sealants Market
9.5.5.2.1 Argentina Construction Sealants Market by Type
9.5.5.2.2 Argentina Construction Sealants Market by Application
9.5.5.3 Rest of South and Central America Construction Sealants Market
9.5.5.3.1 Rest of South and Central America Construction Sealants Market by Type
9.5.5.3.2 Rest of South and Central America Construction Sealants Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CONSTRUCTION SEALANTS MARKET, KEY COMPANY PROFILES
11.1. 3M COMPANY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOSTIK INDIA PVT. LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DUPONT DE NEMOURS INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GENERAL ELECTRIC COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. H.B. FULLER COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HENKEL AG AND CO. KGAA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MAPEI SPA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIKA AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WACKER CHEMIE AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.3M Company
2.BASF Corporation
3.Bostik India Pvt. Ltd.
4.Dupont De Nemours Inc.
5.General Electric Company
6.H.B. Fuller Company
7.Henkel AG and Co. Kgaa
8.Mapei SPA
9.Sika AG
10.Wacker Chemie AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.