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Construction Sealants Market By Resin Type (Silicone, Polyurethane, Polysulfide, Plastisol, Emulsion, Butyl-based, Others), 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), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028

Covid-19

Global Construction Sealants Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

[210+ Pages Report] According to Facts and Factors, the global construction sealant market was valued at USD 8,235.10 million in 2021 and is predicted to increase at a CAGR of 5.40% to USD 11,280.48 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

logoMarket Overview

Construction sealants have a wide range of applications. Glazing, flooring and joining, and sanitary and kitchen are just a few of the key applications for construction sealants. These applications are growing, which has propelled the building sealants market's expansion. The construction sealants market is being pushed by the rising use of sealants in newer applications in the construction industry, such as ductwork, anchoring, and structural glazing. Window framing, sanitary & kitchen, expansion joints, floor systems, walls, and panels all employ construction sealants. They provide stress-bearing capability and prevent cracking under changing atmospheric conditions. Increased investment in construction activities such as airports, bridges, dams, and metro stations is driving up demand for sealants for flooring, expansion joints, panels, and other applications.

The rising demand for permanent, non-slum housing in developing countries is being driven primarily by population growth, urbanization, and rising income. The construction sealants market is being driven by these countries' rapid growth in residential housing. The demand for green sealants or those with low VOCs is increasing as a result of a growing trend in various applications to use environmentally friendly or green products. Shifting to a more sustainable product portfolio has created significant growth opportunities for the industry. There is a growing trend in the construction market to use environmentally friendly or green buildings; thus, green and more sustainable sealant solutions have high growth potential. Sealant solutions are made from renewable, recycled, remanufactured, or biodegradable materials, which are also good for the occupants' health.

logo Impact of COVID – 19

The global construction silicone sealants market is expected to slow in 2020-2021 as the construction industry is hit hard by the covid-19 pandemic. The pandemic has had an impact on both material and labor costs, as well as key cost components of construction projects. Countries such as China and Italy have slowed their manufacturing sectors, resulting in a significant decrease in the production of a wide range of materials ranging from steel to cement. Contractors who rely on Chinese goods and materials are likely to face higher costs, a shortage of construction materials, and a slower completion of projects. As a result, prices will rise and more projects will be canceled.

The complete research study looks at both the qualitative and quantitative aspects of the Construction Sealant market. Both the demand and supply sides of the market have been investigated. The demand side study examines market income in various regions before comparing it to all of the major countries. The supply-side research examines the industry's top rivals, as well as their regional and global presence and strategies. Each major country in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America is thoroughly investigated.

logoSegmentation Analysis

The global Construction Sealant market is segregated based on resin type, application, end-use industry, technology and function.

Based on resin type, silicone construction sealants are expected to lead the construction sealants market during the forecast period. Silicone sealants are widely used in glazing, bathrooms, and kitchens. The growing use of silicone sealants in expansion joints for joining dissimilar materials provides weather protection to high-rise buildings as well as flexibility for airport runways and highways because these sealants remain pliable and do not crack in warm weather or become brittle and crack in cold weather, is driving their market.

Based on the application, the glazing segment is expected to grow at the fastest rate during the forecast period. Due to ongoing investments in infrastructure development, increasing urbanization, and rising living standards in emerging countries, the glazing construction sealants market is the fastest-growing in the world. The growing housing sector, ongoing urbanization, rising income levels, and favorable government policies drive the construction sealants market in the glazing application.

logoReport Scope

Report Attribute

Details

Market Size in 2021

USD 8,235.10 Million

Projected Market Size in 2028

USD 11,280.48 Million

CAGR Growth Rate

5.40% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

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.) , and Others

Key Segment

By Resin Type, Application, End-Use Industry, Technology, Function, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logo Regional Landscape

APAC has risen to become the world's leading consumer and producer of construction sealants. The growth of the Asia-Pacific construction sealants market is being driven by increased foreign investment due to low labor costs and the availability of raw materials.

Government proposals to improve manufacturing, as well as an increase in the construction of end-use industries such as steel manufacturing plants, helicopter manufacturing plants, new service centers, wind power plants, oil processing plants, high-speed rail lines, airport expansions, and thermal and nuclear power plants, are expected to drive the construction sealants market.

logoCompetitive Landscape

List of Key Players in the Global Construction Sealant Market:

  • 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.)

The global Construction Sealant market is segmented as follows;

logoBy Resin Type Segment Analysis

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

logoBy Application Segment Analysis

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

logoBy End-Use Industry Segment Analysis

  • Residential
  • Industrial
  • Commercial

logoBy Technology Segment Analysis

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

logoBy Function Segment Analysis

  • Bonding
  • Protection
  • Insulation
  • Soundproofing
  • Cable Management

logoBy Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Covid-19

Construction Sealants Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • 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.)

Frequently Asked Questions

The global construction sealant market is predicted to increase at a CAGR of 5.40% during the forecast year.
The global construction sealant market is expected to reach USD 11,280.48 million by 2028, growing at a CAGR of 5.4% during the forecast period.
Some of the key factors driving the global construction sealant market growth includes the rising demand for permanent, non-slum housing in developing countries is being driven primarily by population growth, urbanization, and rising income. The construction sealants market is being driven by these countries' rapid growth in residential housing.
Asia Pacific region is expected to witness maximum growth for global construction sealant market during forecast period.
Some of the major companies operating in the global construction sealant market are 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), and others
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