Construction Sealants Market Scope
Construction sealants offers extra flexibility, waterproofing, and reliability to the commercial and residential infrastructure. These sealants are highly used in a wide range of applications includes bathroom sealant, waterproofing, roof sealant, window sealant, fireproofing, and door sealant. In addition, it covers construction projects ranging from small domestic renovations to the giant river-spanning bridges and skyscrapers. Growth in residential renovation and remodeling projects along with huge investments in this sector mainly in China & India should contribute towards construction sealants market size.
According to AMA, the Global Construction Sealants market is expected to see growth rate of 5.31% and may see market size of USD9.88 Billion by 2027.
Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Construction Sealants market throughout the predicted period.
3M (United States), Bostik (France), Sika (Switzerland), H.B. Fuller (United States), Henkel (Germany), BASF (Germany), Dow (United States), Wacker (Germany), General Electric (United States), MAPEI (Italy), Asian Paints (India), ITW (United States), Soudal (Belgium), Konishi (Japan), DAP Products (United States), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (United States), Selena (Poland) and Kömmerling (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are PCI (Germany), Hodgson Sealants (United Kingdom), Pecora (United States) and Euclid (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Construction Sealants market by Type (Silicone, Polyurethane, Polysulfide and Others), by Application (Glazing, Flooring and Joining, Kitchen and Sanitary and Other Applications) and Region with country level break-up.
On the basis of geography, the market of Construction Sealants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Increasing Demand From Glazing and Panels in New High-Rise Buildings
Market Drivers
- Increased Demand for Construction Sealants in Residential Housing and Infrastructure Sectors
- Construction Sealants Bonding Provides Safety and Ease of Application
Opportunities
- Growing Demand for Low Voc, Green & Sustainable Sealants
- Rising Urbanization and Growing Government Initiatives in Developing Economies
Restraints
- Environmental Regulations in both Developing and Developed Economies Regarding Volatile Organic Compounds
Challenges
- Shifting Rules and Changing Standards
Key Target Audience
Manufacturers of Construction Sealants, Traders, Distributors, and Suppliers of Construction Sealants and Raw Material Suppliers