Construction Sealants Market

Global Construction Sealants Market Analysis and Opportunity Assessment by Resin Type, Application, End-Use Industry, Technology, Function, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 7,058.8 Mn between 2022 and 2032

Category: Chemicals & Materials

|

ID: CVC-00213

|

Format: PDF+Excel Dataset

|

Published Date: October 2022

|

Pages: 320

Construction Sealants Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Construction Sealants Market was worth US$ 9,320.4 Mn and is expected to grow at a CAGR of 5.8% over the forecast period. The market is expected to hit US$ 16,379.2 Mn by 2032 end. From 2017–2021, when the market’s CAGR was 5.1%, the market underwent significant growth.

Sealants are used to protect against water, dust, and heat. These materials are extensively used in commercial and residential infrastructure to protect walls, floors, ceilings, and other structures from moisture issues. This material is very useful for making waterproofing processes more efficient and effective. Its effectiveness is assured by providing a physical barrier between the elements in buildings, such as water vapor or humidity.

Market Dynamic

THE GROWTH IN THE CONSTRUCTION INDUSTRY FUELS THE MARKET GROWTH

The construction sealants market is driven by the growing demand from the construction sector for various applications such as glazing, flooring, joining, and sanitary and kitchen activity. The construction sealants market will benefit from the rising investment in infrastructural development, acting as a major factor for growth.

STRINGENT GOVERNMENTAL REGULATIONS TO HAMPER THE MARKET GROWTH

European and North America are strictly regulated by environmental laws regarding chemical and petro-based products. Agencies such as European Commission (EC), Epoxy Resin Committee (ERC), and other regulatory bodies govern the manufacturing of solvent-based products in North America & Europe. These regulations are restraining the growth of construction sealant

CHANGING LAWS AND REGULATIONS POSES CHALLENGES FOR THE MARKET

Construction sealants are an important part of the building construction industry. Under the Construction Products Regulation (CPR), Sealants have become common for sealing concrete and concrete forms, asphalt, and blocks. The CPR includes many designations, including those for “sealant” and “non-sealant.”

However, all sealants sold within the European Union must comply with the requirements of extended standards relating to performance at various temperatures and depths. The current amount of information available on all products is inadequate to meet these demands because so much depends upon individual specifications and product characteristics.

Construction Sealants Market

Market Segments Covered in Report

By Resin Type:

  • Silicone
  • Polyurethane
  • Polysulfide
  • Plastisol
  • Butyl-based
  • Emulsion
  • Others (bitumen-based, acrylic, epoxy, and other hybrid sealants)

By Application:

  • Glazing
  • Flooring & Joining
  • Sanitary & Kitchen
  • Others

By End-Use Industry:

  • Residential
  • Industrial
  • Commercial

By Technology:

  • Water-Based
  • Solvent-Based
  • Reactive
  • Others

By Function:

  • Bonding
  • Protection
  • Insulation
  • Soundproofing
  • Cable Management

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why are silicone construction sealants projected to have the highest market growth?

The silicone construction sealants are estimated to lead the market during the forecast period. Silicone sealants are widely used for glazing, bathroom, and kitchen applications. The increasing use of silicone sealants in cleaning applications such as washing dishes, ovens, and kitchen sinks; growth in the building and construction segment due to its weather protection, flexibility & durability; and advancement in technology are expected to drive demand for these products in the future.

Why is the Glazing application segment expected to expand the fastest during the forecast period?

The construction sealants market in the glazing application is anticipated to be driven by rising demand from both residential and non-residential applications, owing to the increasing incidence of moisture-related damage resulting from increasing population, greater use of glass, and buildings becoming more exposed to weather conditions. Asia-Pacific, followed by Europe and North America, is estimated as a major market for construction sealants. Some factors are expected to accelerate the growth of this market, like a rise in construction activities and an increase in property prices.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

  • The Asia Pacific had a market share of 57.7% in 2021. The Asia Pacific has emerged as the leading consumer and producer of construction sealants. Increased foreign investments drive the growth in the construction sealants market in the Asia Pacific because of cheap labor, availability of raw materials, government proposals to improve manufacturing, rising capital-intensive non-residential construction, coupled with the increase in the construction of end-use industries such as helicopter manufacturing plants, steel manufacturing plants, new service centers, and wind power plants are expected to drive the construction sealants market.
  • Between 2022 and 2032, North America is anticipated to increase at a 5.1% annual rate. It is expected that the U.S. will consume a substantial amount of construction sealants overall. Due to the rising use of construction sealants by the building, chemical, and local infrastructure, the United States is anticipated to develop steadily. The top market, frequently used as a basis for creating construction sealants, is expected to grow significantly between 2022 and 2032.

Competition Analysis

Manufacturers are focusing on developing regions to meet the expanding demand from the application categories. Significant businesses also boost their manufacturing capabilities, new product introductions, R & D, and mergers and acquisitions.

Some of the key developments that have taken place in the Construction Sealants Market include:

  • In September 2019, Sika AG announced the acquisition of Crevo-Hengxin, a China-based manufacturer of silicone sealants & adhesives. The Company is strengthening its market position in China and Asia-Pacific and increasing its production capacities.
  • In September 2019, Wacker Chemie AG completed the capacity expansion of its Dispersible Polymer Powders in Ulsan, South Korea. The Company’s dispersible polymer powder is an important constituent in the manufacturing of building & construction materials, especially binders. These are used in the manufacturing of construction adhesives and sealants.

A list of some of the key suppliers present in the market are:

  • 3M
  • Bostik
  • Sika
  • H.B. Fuller
  • Henkel
  • BASF
  • Dow
  • Wacker
  • General Electric
  • MAPEI
  • Asian Paints
  • ITW
  • Soudal
  • Konishi
  • DAP Products
  • Pidilite
  • KCC
  • Yokohama Rubber
  • Franklin
  • Selena
  • Kömmerling
  • PCI
  • Hodgson Sealants
  • Pecora
  • Euclid

Global Construction Sealants Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research Scope Details
Forecast period 2022-2032
Historical data available for 2017-2021
Market analysis USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032
Key regions covered North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries covered US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments covered By Resin Type, Application, End-Use Industry, Technology, Function, and Region
Customization scope Available upon Request
Pricing and purchase options Available upon Request
  • Report Includes

    Market Size Data

    • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
    • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
    • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
    • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
    • Incremental dollar opportunity generated in the forecast period would be indicated
    • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

    Market Background

    • Macroeconomic factors that impact the market developments
    • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
    • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
    • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
    • Trade analysis and analysis of key supply and demand hubs
    • Identification of hotbed opportunities existing in the market
    • Porter’s and PEST analysis to understand the business environment of the geography
    • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

    Pricing Analysis

    • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
    • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
    • Cost teardown analysis and key factors impacting pricing

    Value Chain Analysis

    • Country-wise list of raw material suppliers
      • Raw material price trends and buyers’ sentiment
      • Overview of Intelligent Sourcing Technique
      • Raw material procurement requirements
      • Vendor selection criteria
    • Country-wise list of product manufacturers
    • Country-wise list of distributors/traders
    • Country-wise list of end-users
      • End-Users/Customers consumption mapping
      • Key End-Users/Customers client list
    • Country-wise list of other key channel partners
    • Average profitability margins
    • Regional value chain dynamics

    Competition Analysis

    • Market shares and production capacities of key players
    • Tier structure analysis of market
    • Comprehensive competition dashboard representing the top 10-15 players in the market
    • Individual company profiles of top 15 to 20 manufacturers
      • Business Overview
      • Product Portfolio
      • Key Financials
      • Recent Developments
      • SWOT Analysis
      • Strategies

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

Why Choose CVC Market Research?;

  • Specialized market research company
  • Impeccable and deep industry expertise
  • Wide range of offerings
  • Robust research methodology and statistical models with least deviation
  • Extensive reports and full-service consulting
  • Expert panel sanctioned industry outlook
  • Growth dynamics for calculated investments
  • Tri-level quality guarantee
  • 6 months unlimited post-sales support
  • Regular planned and contracted report updates

Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 5.8%.

The construction market, particularly the housing segment, is witnessing a rise in demand for non-slum housing due to increasing population and urbanization, rising income levels, and the need for permanent housing.

Major global Construction Sealants Market players are 3M, Bostik, Sika, H.B. Fuller, Henkel, BASF, Dow, Wacker General Electric, MAPEI, Asian Paints, ITW, Soudal, Konishi, DAP Products, Pidilite, KCC, Yokohama Rubber, Franklin, Selena, Kömmerling, PCI, Hodgson Sealants, Pecora, Euclid

Such agencies as the Epoxy Resin Committee, European Commission, and other regulatory bodies govern the manufacturing of solvent-based products in Europe and North America. These regulations restrict the growth of construction sealant sales.

The Asia Pacific region is expected to account for the largest market revenue share in the Global Construction Sealants market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Construction Sealants Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Construction Sealants Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Application W.R.T. Technology
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of End-Users
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Technology Landscape
  10. Global Construction Sealants Market 2017 – 2032 by Resin Type
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Resin Type [Value (US$ Mn) and Volume (Tons) Analysis]
      • Silicone
      • Polyurethane
      • Polysulfide
      • Plastisol
      • Butyl-based
      • Emulsion
      • Others (bitumen-based, acrylic, epoxy, and other hybrid sealants)
    • Market Attractiveness Analysis by Resin Type
  11. Global Construction Sealants Market 2017 – 2032 by Application
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
      • Glazing
      • Flooring & Joining
      • Sanitary & Kitchen
      • Others
    • Market Attractiveness Analysis by Application
  12. Global Construction Sealants Market 2017 – 2032 by End-Use Industry
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use Industry [Value (US$ Mn) and Volume (Tons) Analysis]
      • Residential
      • Industrial
      • Commercial
    • Market Attractiveness Analysis by End-Use Industry
  13. Global Construction Sealants Market 2017 – 2032 by Technology
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Technology [Value (US$ Mn) and Volume (Tons) Analysis]
      • Water-Based
      • Solvent-Based
      • Reactive
      • Others
    • Market Attractiveness Analysis by Technology
  14. Global Construction Sealants Market 2017 – 2032 by Function
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Function [Value (US$ Mn) and Volume (Tons) Analysis]
      • Bonding
      • Protection
      • Insulation
      • Soundproofing
      • Cable Management
    • Market Attractiveness Analysis by Function
  15. Global Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  16. North America Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
    • Market Attractiveness Analysis
      • By Country
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
  1. Latin America Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
    • Market Attractiveness Analysis
      • By Country
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
  1. Europe Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
    • Market Attractiveness Analysis
      • By Country
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
  1. Asia-Pacific Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
    • Market Attractiveness Analysis
      • By Country
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
  1. Middle East Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
    • Market Attractiveness Analysis
      • By Country
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
  1. Africa Construction Sealants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
    • Market Attractiveness Analysis
      • By Country
      • By Resin Type
      • By Application
      • By End-Use Industry
      • By Technology
      • By Function
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • ChemView’s Competitor Positioning Matrix
  3. Company Profiles
    • 3M
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • American piping’s Inc.
    • Bostik
    • Sika
    • B. Fuller
    • Henkel
    • BASF
    • Dow
    • Wacker
    • General Electric
    • MAPEI
    • Asian Paints
    • ITW
    • Soudal
    • Konishi
    • DAP Products
    • Pidilite
    • KCC
    • Yokohama Rubber
    • Franklin
    • Selena
    • Kömmerling
    • PCI
    • Hodgson Sealants
    • Pecora
    • Euclid
    • Others
  4. Assumptions and Acronyms

User License

Single User License
Multi User License
Corporate User License
Data Pack/Excel

We Accept

Chem view Chem view Chem View Chem view
Chem View

Safe & Secure Payments

Let us Help You!

Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.

Connect with Us!

    Let us Help you!

    Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.

    Speak to Analyst

    Connect with Us!